They come. Checking out the 10year, weve been around the same level yesterday we were at 0. 75 this morning, it looks like the 10year is yielding. 69 saying the Global Oil Demand will fall by 9. 3 billion a day erasing almost a decade of growth down about 2. 25 baushing it back to 19. 65 a barrel dr. Scott gottlieb, chairman of cbs health, fanatics executive chair. Chief Investment Officer and more coming up in the next three hours. Joe . Becky, you remember United Health care is a dow component we always say, thats right. Thats right you notice the dow is down around 370 or so maybe repairing partly due to United Health care the Company Reported an adjusted 3. 72 for the First Quarter. Nine cents above estimates the company said it is keeping its prior 2020 full year guidance said it would continue to evaluate the ongoing impact. You can see up about five points or so. Ee quaids to the improvements we see. Well hear from bank america and other companies. We are in earnings season now.
Josh lipton standing by and gene munsters gearing up for facebooks call and we kick things off for Julia Boorstin for facebooks big quarter quite a move quite a move, Melissa Facebook shares up almost 10 on better than expected revenue and user growth. Cfo dave waner reassuring investors saying that while the outlook is uncertain, advertising is stabilizing so far in april were not immune to this from this crisis. We did see a steep decline in advertising revenue starting at about the first week of march, and that sort of continued weve seen some more recent stabilization as part of the Earnings Release we did include information on the advertising performance in q2 in april and thats about flat year over year. Facebook lowering its expense guidance for the year for 56 billion, as the company spends less on travel events and marketing as well as slower head count growth while the user growth and engagement did surpass expectations with 2. 36 billion people using one of its apps every s
0. 769 a little lower than weve seen in weeks leading up to this. Joe, the most important thing youve said is it is friday. Is it friday . The days are all it has been months. And then again, it feels like one whole long day for the week. In this new bull market we are in we will see, hopefully. Three days im not saying that we are they make no sense anymore. I guess it is possible we could look back a year or two now and say, wow or as Paul Tudor Jones said. Are we opening he said we could probably see some new lows. We are still on the front edge of this horrible thing that will play out in new york and other cities hopefully not as bad as people thought. The coronavirus cases surging to nearly 86,000 passing italy and china and making america the site of the largiest outbreak. The death toll is nearing 1,300 in the u. S. So far those number doubling somewhere around every three days right about now, a little less. Lots of questions about other areas too now how this is playing out i
The book and panel is certainly timely given the rising crisis with iran. We will get to that subject eventually but the book entitled seven pillars in the discussion is to look more broadly and more deeply at the drivers of instability in the middle east. From yemen to syria to iraq and now with iran, the region more than ever seems in a permanent state of turmoil and has become a land of endless wars. And tragically, despite decades of intense and often wellmeaning american intention in the expenditure of billions of dollars, u. S. Policy has more often than not in a failure. Maybe to caveat more often than not is too kind, and absolute failure that one except the basic lane was the stability and a better life for the people in the region. Of course once ultimately responsible for our country success for failure are the people who lived there but the catastrophe of todays middle east raises a lot of questions about whether the United States should continue to be engaged in the region
Staff had nothing but cheers for a new mom who delivered her baby while she was in a medically induced coma suffering from covid19. Angela primachenko says she was shocked to wake up and learn she had delivered a healthy baby girl. It just didnt feel real. Like youre just, okay, im i dont know, i dont think i dont think its i think it still doesnt feel real because i havent held her yet, i havent seen her yet, i havent the only difference is now i dont have a belly anymore. Thats because for now angela can only see her baby ava through facetime. Doctors say she needs two consecutive negative tests for covid19 before she can meet her in person. They say baby ava is perfectly healthy. I think that is the reason that mother is able to bear any of this, not being able to hold her baby, because she knows ey so is mom there. With many hospitals facing a crush of covid19 patients, routine medical visits and elective surgeries have been put on hold. Some doctors fear some of these delayed medi