Youl uber, spotify is testing new lows stephanie we were just talking before we got started this market has to give you a little bit of whiplash. Were up for a second straight day but hold your breath maybe things will change tomorrow. You cant get obsessed with it you have to either have to be a long Term Investor or day trade. Very difficult at this point look trade is obsessing everyone i cant wait for earnings. Im super excited to talk about banks. Im watching technology today. Technology is 26 of the s p 500 waiting. We have gotten a couple of surveys in the last couple of days that suggest i. T. Spending is slowly. 4 this year, 3. 4 next year you have to start to be more selective in technology. Again, a big component of the s p. I still think you want to be in semis, cloud and security. You want to be very specific on software and hardware. We had a lot of calls cash coming after the close last night two days in a row of gains and almost all sectors positive both days so within
Government forces stepped up their offensive on the province. Thirty two missing after an iranian tanker collides with a freighter of china catching fire and spilling its own. We investigate a secret plot by Eastern European to profit from dollars allegedly stolen by ukraines former president. Im joined again. At the f. A. Cup home. And knocked out by forest in the third round. So the nigeria has started flying thousands of its citizens home from libya where theyve been trapped in slavery like conditions large numbers of nigerians are stuck in libya had been trying to cross to italy by sea but was stopped by local and factions and libyas coast guard now facing dire conditions and abuse the Nigerian Government says the flights will continue for as long as they need to. Well libyas is a poor tool to the mediterranean and to europe for refugees and migrants from africa in the middle east up to ninety percent of people crossing the Mediterranean Sea to europe depart from libya there are fo
Share sale. An activist investor creates a connection for ericsson. Shares in the Swedish Telecom equipment maker rally as Cevian Capital buys a stake of just over 5 citing the companys potential. Good morning. Glad youre with us once again. Lets look at the stoxx 600. Fairly subdued picture. We are off by less than one point. Hardly any action on the stoxx 600 this morning. Lets show you whats happening on a market by market basis. The ftse 100 at 7,545. The latest polls show theresa may may lose hir er majority ine house of commons. One sector under pressure is basic resources off by 1. 5 , despite fairly upbeat chinese Economic Data in the form of manufacturing pmis. Autos also under pressure. Food and beverages, households good, technology also on the upside. The f. A. N. G. Stocks have outperformed the u. S. Markets year to date up some 30 . Back to our top story. A massive car bomb rocked central kabul killing more than 60 people and injuring over 300, thats according to the inte
That and more on nightly Business Report for tuesday, july 23rd. Good evening everyone. Apple got shine back today. It surprised investors with stronger than expected earnings after the bell thanks to massive sales of the iphones. But ipads and macs came in below. Seema . Technology earnings are not off to a strong start expectations coming into apples report quite low. However, apple did beat the street expectations on the top and bottom line, but the big number that is getting wall street really excited, iphone ships of 31. 2 million came in higher than expected. Tim cook said were especially proud of the iphone sales of 31 million and the strong growth of revenue from itunes, software and services. Apples Product Pipeline cook says were laser focussed and working hard on amazing new products that we will introduce in the fall and across 2014. Apple did return 18. 8 billion in cash to shareholders through dividends excuse me, through Share Repurchases this quarter. Morning star an li
That and more on nightly Business Report for tuesday, july 23rd. Good evening everyone. Apple got shine back today. It surprised investors with stronger than expected earnings after the bell thanks to massive sales of the iphones. But ipads and macs came in below. Seema . Technology earnings are not off to a strong start expectations coming into apples report quite low. However, apple did beat the street expectations on the top and bottom line, but the big number that is getting wall street really excited, iphone ships of 31. 2 million came in higher than expected. Tim cook said were especially proud of the iphone sales of 31 million and the strong growth of revenue from itunes, software and services. Apples Product Pipeline cook says were laser focussed and working hard on amazing new products that we will introduce in the fall and across 2014. Apple did return 18. 8 billion in cash to shareholders through dividends excuse me, through Share Repurchases this quarter. Morning star an li