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
On making money. Today im proud to declare that the United States is in the midst of an economic boom the likes of which the world has never seen before. U. S. Stock markets have soared by more than 50 since my election, adding more than 19 trillion to household wealth. Charles President Trump launching the explosive American Economy in davos, citing unemployment rates, Household Incomes and of course the stock market. America is the best economy in the world but what challenges does it face in 2020 . I have a allstar panel for you in studio. Money map press chief, Keith Fitzgerald and Shah Ghailani and Technical Strategist dr barton. Let me start with you. We pot major breaking news ten minutes ago with boeing now saying that their plane wont get faa approval until maybe july. So if 180 points on downside, 90, boeing, number one component in the Dow Jones Industrial average, in a freefall at this moment. So there are things that can delay this rally. Were looking at one of them right
Also hitting the market, s p global just dropped the scale that measures environmental, social and governance factors when assessing a companys credit policy. No longer important and we are seeing it ripple across the board. Sandra. Sandra all really interesting stuff. Thank you so much on all of that for us. As we hit a new hour, President Biden is set to deliver remarks shortly on what else his climate agenda and while hes taking a victory lap out west, back home in washington brandnew evidence released in the biden family investigation. Trace we start hour two of america reports. Im Trace Gallagher in for john roberts, great to be with you. Sandra im sandra smith, good to have you here, trace. Trace House Republicans released bank records that appeared to show millions of dollars were sent to bidens and their Business Associates from foreign sources. President biden has not spoken to americans about this or congressional testimony from his sons exbusiness partner. Sandra also over a
going pro. lsu gymnast olivia dunn at the forefront of the name image likeness movement and launching her own fund to bring other athletes along with her. sandra: the money panel, who is getting the big bucks and how. welcome back as america reports kicks off hour two. i m sandra smith in new york. great to be back together and lsu making its way into hour two, so much winning. john: you are going to get tired so much winning. too bad they did not have the program when you are running track there. sandra: no kidding. olivia dunn, we ll try to get her on the show. john: also tracking the fallout from recent supreme court rulings including a pair of new york times pieces that paint two justices in very different lights. sandra: it s really something. jonathan turley will take that up just ahead but begin with the growing crime crisis. violent crime numbers staggering in the city of los angeles and critics are warning it is about to get even worse. now that the cit
investor sing green and 2023. a well, they will be popping more champagne and the new year. hello, edward lawrence and for neil cavuto and this is a special edition of your world. a special edition with stocks with all three major aggregates surrogate with rate hikes from the fed and price hikes that had customers scrambling but with inflation grueling and a rate cut possibly coming, let s ask at the new year s money panel purely months and from portfolio wealth advisors and casper from chief market strategist and stone x, which i love that name by the way. let s start with you. where does the market go in 2024? let s will look where earnings are going. after all the estimates drop down, we still have about depending on the u.s., 10% earnings growth going into next year. so if you take away where it is now come if we can grow with another 10% of them i think we can get well into the 5,000, and maybe the end of next year. but i think we will see more up next year. just r