high ahead of its earnings we will reveal the name. the investment committee is raleigh-durham to go halftime report starts right now. welcome. good to have you back with us on this monday. our investment, joe terranova,er is at, steve weiss, shannon saccocia we begin with the market stocks are coming off of this is best week in months even with friday s loss. if fed chair on the hill beginning tomorrow, more earnings this week are the bulls in charge? today s direction suggests they are, you open lower, exteblding losses from friday but then they turn around and now they are reaching new record highs again. there are 14 companies in the schds that have a market cap of 1% in terms of weighting 13 of those companies have reported earnings already. the only one that hasn t is berkshire hathaway every one of those companies has beaten on eps. every one of those so the companies that matter most to the s&p are the ones that are showing the earnings. mega cap technology in
The pentagon says the war in afghanistan is costing u. S. Taxpayers 45 billion a year. Lawmakers grilled the Trump Administration today. Global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang this is Bloomberg Technology. Afterhours trading soaring as much as 30 after smashing estimates in the fourth order. We will break down the companys first earnings victory since it went public. And the take on the gender dynamic in Silicon Valley. It might sluice of conversation with a paypal cofounder. And a move to get Workplace Culture right. Stand, thetakes the courtroom short down showdown between uber and waymo. But first, to our lead. Snap jumping in afterhours after fourthquarter earnings reports with top analyst estimates for the First Time Since the company went public almost a year ago. The earnings were buoyed by momentum in the advertising business and user growth. Snapchat fourthquarter sales jumped to
Staff john kelly said the president will be briefed today on the democratic rebuttal of the gop memo alleging bias that at the fbi and doj. Trump has the document, but has reportedly not read it. He has until friday to block the release. And an infrastructure proposal next monday, hoping to generate 1. 5 trillion in ending on spending on roads, bridges, airports, and other public works. Only 200 billion would come from the federal government. And the pentagon says the war in afghanistan is costing u. S. Taxpayers 45 billion a year. Lawmakers grilled the Trump Administration today. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Cory i am emily chang. This is bloomberg technology. Afterhours trading soaring as much as 30 after smashing estimates in the fourth order. We will break down the companys first earnings victory since it went public. And the take on the gender dynamic in Silicon Valley. My conversation
Consumer product stocks, and travel, and a number of industries, the only competition is from each other and investigators are giving them the benefit of the doubt for now. As far as the comparisons to 1973, the nifty fifty stocks, when i say when it comes to the tech stocks, its not even 1970. Varney company, weve got a lot to do. Were about to begin. When you look at paris, you know, whats right about this issue is making sure that we have International Discussion with respect to how good a job were doing across the globe with respecting our co footprint. And what is wrong is a bad business deal for this company. It causes a contraction to our economy when were leading already in reducing our co 2 footprint. He says that the paris deal is bad for the u. S. And theyll be meeting with the ite house and ivanka trump and shes made it one of her signature issues. Youre a donald trump guy. The president s base wont be happy, obviously, if he doesnt pull the plug on the paris agreement. Wha
Whole lot but may slickens the roads. 16 in lowell 25 in boston and there are radar echoes trying to come back. The air is dry at the surface but we will zoom into the south coast where there may be a couple can flakes flying all the way from fall river stepping back to new bedford and buzzards bay. Think the kind of widespread nature of these starts to pick up after about early afternoon. So sea the deep muse and very localized brief some snow showers come through from west to east. And while temperatures will be in the mid30s and you will see it in the dealy planner may come Daily Planner may come down hard enough to slicken the roadways and coating to as much as an inch and we will stay in the low to mid30s for the ride home. Any snow showers should end by 7 or 8 p. M. Lets get you on the roads. Traffic and weather together hi robi. Reporter the top traffic story is the deadly accident in saukous. A live look from the saugus a live look from route 1. Police confirm one dead there. T