Stay updated with breaking news from Netflix. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
face a similar shock to the collapse of lehman brothers. thinks over all risks are under control. up by 7.5%. course, you can always let us having a look at the, starting to weaken after an erratic know what you think of our top stories. follow me on twitter @rishaadtv, session on those cpi numbers use #trendingbusiness. that came through. the last trading day of the pretty steady, but weaker week. we are ending on a high note. against the dollar. 109.82. quite a good rally a boost to japanese equities as coming through. well. rishaad: a summit communiqué despite that unconvincing lead saying leaders are committed to a coordinated response to global economic conditions. we are at the summit. how has the mood been that these talks as they conclude? they have been mixed so far. you are seeing different , differentiews domestic issues and political interests involving these nations. the french president did show some sympathy on the economic abeicies that shinzo o brought ....
and this thursday morning, it is kayla tausche, and jon fortt, and joining us is hep ri blodget. tech is up 0.75, and the nasdaq is still down 2%, and not that far off, henry, from nasdaq 5,000. is this what is going on with the buy in may and go away. well, we who own the indexes are happy about this. and looking at apple, we went through the period of where all of the bad news was priced in and now looking forward to the iphone launch in september, and lot of excitement about that, and probably not revolutionary or anything, but in the build-up of that, people are excited, and so i am not surprised to see the stock move. but it is about enterprise, and the ipos working and the consumer hanging in there, jon? well, it is about the winners pulling away. i think that there is a lot of fear in february that the whole story about cloud, and the whole story about everything, and even smartphone, it was falling apart, but adobe touched the all-time highs today, and t ....
well. crude oil yesterday you saw wti back up 50 dollars for the first time since october. now you see wti is down close to 1%. 49.04. couple big stories. the news just breaking in the last half hour. eight auto makers issuing 12 million rerecalls. and more recalls are expected to be announced in the coming days. that is one of those stories that just continues. also g7 leaders issues a warning overnight. saying a british vote to leave the eu would seriously threaten the world economy. in a statement the leader said a brexit would reverse the trend towards greater global trend and investment and the ensuing job creation. and that back and forth between paypal founder peter thiele and gawker ceo nick denton continuing last night with denton writing an open letter. thiele launched a decade long campaign against gawker after the blog outed the founder as gay. denton called thiele thin skinned and challenged him to a role about the denton has begun solicits bids for the ....
oil is back below $48. our roadmap begins with more volatility after last week s post-brexit rally easing capital requirements. plus, tesla deliveries come up short. the stock is down 4%. and the u.s. are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. both oil stocks and futures moving slower than economic growth after the u.s. equity markets posted their best weekly of the year. the dow and the s&p gained 3%. last week we used the term roller coaster a lot. and i don t know if you noticed, europe is having a banking crisis. ground zero is italy, they ve had some issues again with month i depashi, and they re not dramatically lower, and the situation and what trihey re gog to do with the recapitalization. they could hurt a lot of individual bond holders. crisis is the right word? italy is having a banking crisis. many of their banks are bankrupt. the question is how. janua ....
his ideas into the democratic platform, but what impact will that have on the economy? former white house economic adviser laura tyson who served under bill clinton will join us coming up. and one thing both the republicans and democrats seem to agree on this election is breaking up the big banks and bringing back that gla glass/steagall law. we have somebody who says glass/steagall is not to blame for the financial crisis. let s start with apple s big reveal on earnings coming up in about an hour, hour and a half. josh lipton is joining us now. what is the street looking for, josh? bill, let s just start with estimates for the bottom and the top. so analysts are going to be looking for eps of $1.38 on revenue of $42.1 billion. now, that would represent drops of 25% and 15% respectively. analysts think apple sold 40 million iphones in the quarter. that would be a decline of 17% as that company deals with just tough comps and fans, of course, waiting for that new i ....