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10 in its debut, valued at 1. 9 trillion the largest listed company in the world. Plus, the fed and a trade waiting game stocks poised for a muted open as investors seek further tea leaves on trade and the fate of monopolies arent bad if they are not abused tim cook coming to the defense of business but said apple isnt one. Saudi aramco strong public debut. Shares jumpedon the open, the maximum 10 on the Stock Exchange in riyadh limit up. The state owned oil giant is the worlds most valuable company list at 1. 9 trillion, thats about 6 exxons and above apple which has a market cap of almost 1. 2 trillion. Well placed deal. A lot of people in saudi arabia decided to buy this stock. And that boosted it. I think sometimes you get deals and they pretty much determine where it is going to be. So now the question is, yield. And whether the yield exceeds what mike worth is offering on chevron. I think it will. I dont think it makes peopl ....
Congresswoman Maxine Waters called for the social network to stop development immediately. Says narrow link has successfully in place wires into its brain and enabled a control a computer. First, netflix tumbling after the streaming giant reported a loss of u. S. Customers for the second quarter. Netflix that it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael luca, who ofs course covers the company. Michael, this is the first time the company has lost subscribers since they split the dvd and streaming business. What is the type line here . Michael you know, i hate for poor luca, because he actually tweeted that he is tired of talking about this, but i think poor growth probably leads to su ....
Maxine waters. Mind games. Technology can read a rats mind. Goal, human. First to our top story. Netflix tumbling after the streaming giant reported a loss of u. S. Customers for the Second Quarter. Earnings renewing prospects. Netflix says it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael and bloombergs luca, who of course covers the company. Michael, this is the first time the company has lost subscribers since 2011 when they split the dvd and streaming business. What is your top reaction . Luca becauseborrow he tweeted he is tired of talking about this. Increases derived. I think they are probably bumping up against a ceiling of what they can charge and continue to grow. I personally ....
Two weeks. Energy stocks are popping. As a result today, theyre not taking the stock market with it. Well tell you whats behind the move coming up momentarily. And bank of america ceo telling cnbc this morning, the customer looks strong in august. Tell that to some of the Grocery Stores and food distributors like supervalu, which is getting smacked today. After the bell, the ceo of allergan will explain why hes coming out with a major stand against drug price increases. Thats a cnbc exclusive with Brent Saunders coming up a little bit from now. And weve got the Company Behind the dna test that completely changed mr. Griffiths life and inspired the look the stranger in my genes. Weve been talking about the book, which came out on tuesday, and well have more about the tests themselves in jus a moment. And hes going to demo ....
Coming up, two guys who are facing off each other in the ring when it comes to puerto rico. Jim millsteen, renowned restructuring attorney, advising puerto rico. Well talk to him about puerto rico. He was at treasury during the financial crisis. Knows a lot about that is go on with the European Banking system. Well discuss that with him as well. And ambac could lose a lot of money if jim millsteen gets his way. Well talk about that coming up. What is happening in puerto rico, guys, emblematic of what is happening in the world. Too much debt that people, governments, companies, cant pay back. Tyler, back to you. Thank you very much. Enjoy the warm weather down there. About 22 up here in englewood cliffs. Janet yellen getting grilled on capitol hill. The verb we always use when somebody goes up on capitol hill it seems, saying negative rates are not off the table. Lots of red numbers right now. Lets look at the dow, which is off by 3 ....