Im sara eisen look at whens driving the action higher. A thaw in the trade war again. U. S. And china resuming tariff negotiations in october. Strong Economic Data helping ease some recession fears and the s p moving back above the 50day moving average. Key technical level. Tech stocks are leading the rally. Two big interviews coming up on closing bell. Box Ceo Aaron Levie and with Consumer Staples near alltime highs kimberlyclark ceo michael hsu will join us see both interviews only right here on closing bell. Joining us for the entire final hour of trade is stephanie link. Welcome back, stephanie. Thank you. So are you a buyer on this trade rally . I bought a couple things today. I added to a few positions, nothing new, nothing big, but i think the debate will continue are we going into a recession or seeing Slower Growth i have been saying i think Slower Growth mode and a lot of that because the consumer has been quite strong. I know a lot of people talking about that i spent this w
Against gawker. But first, new alliances forged between traditional automakers and the ride hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players, the biggest car brands are hoping to secure a place in the future. This week toyota tied up with uber and vw took a stake in gett. Here we take a look across the space to see who is leading the pack. Carmakers are choosing sides in the ride hailing wars, this week alone volkswagen invested 300 million in gett and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors took a 500 million stake in lyft and lets not forget apples billion dollar bet on didi. With traditional Card Companies Car Companies looking for a piece of the pie, which are leading the pack . Fueled by mega funding, uber may get all of the headlines, but lyft is taking on a much bigger rival and through In
Hulk hogan in multiple cases against gawker. But first, new alliances forged between traditional automakers and the ride hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players, the biggest car brands are hoping to secure a place in the future. This week toyota tied up with uber and vw took a stake in gett. Here we take a look across the space to see who is leading the pack. Carmakers are choosing sides in the ride hailing wars, this week alone volkswagen invested 300 million in gett and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors took a 500 million stake in lyft and lets not forget apples billion dollar bet on didi. With traditional Card Companies Car Companies looking for a piece of the pie, which are leading the pack . Fueled by mega funding, uber may get all of the headlines, but lyft is taking on a muc
Messenger for business. Listen. Today were launching messenger platform. You can build bots for messenger. Its powered by Artificial Intelligence, build Natural Language Services to communicate directly with people. If youre confused as i am, facebooks head of messaging will join us in an interview to explain it all, david marcus. Lets get started with the market despite the rally, there are a few stocks seek being seeing major weakness. Alcoa, you talked about that last night after unofficially kicking off earnings season yesterday. They had a miss on revenue. Network gear maker juniper under pressure after lowering the guidance late yesterday as well. Michael santoli joins us from the alcoa poster on the floor. What does this for tell for the broader earnings season . The big question is not just how bad but whats the guidance going to be and has the market taken a count of how rough the past three months were. Were expecting a loss of about 9 in terms of s p 500 earnings per share a
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