Former fed chair Alan Greenspan will join us. A new program were monitoring. That call and any news out of the Conference Call as he examines a tesla. Right now. Relatedly, we do have solar city. Did he help build those cars . Work on the Assembly Line . There are teslas everywhere in norway. One of the biggest usages hydropowered, as well. Its so interesting. So anyway we have earnings coming up here, as well. Earnings getting crushed after weak guidance on the companys Conference Call last night. Down about 14 right now. Investors are looking to see whether facebook can deliver now after the bell. Its up about 1 today. Weve got a top tech Portfolio Manager who says theres only one number in facebook earnings that matter. Hell tell us where it is coming up. But lets get to fed headquarters in washington where Steve Liesman is standing by with more on todays announcement. Steve . Hey, bill thanks. The fed leaving Interest Rates unchanged in july as expected. But the question is whether
The dow now down 4 . Nasdaq giving up 181 points. We have full team coverage. Bob pisani clocking the action at the stock exchange. Bertha coombs at the nasdaq and Jackie Deangelis at the nymex. Lets start with bob. Apple helping to turn things around. Emwas typical. The big plunge and recovery we saw all within 15 minutes. Apple opening down from thursdays lows. Recovering and testing it around 9 45. Let me show you intraday full screen of what the day looked like for apple. It doesnt do justice looking at the chart. Close was 105. 76 friday. Within less than a minute we went to 92. Down 13. At 9 45, the whole thing turned around. Ten minutes later, apple up at 102. By noon after the 11 30 close in europe, it was up 108. These are large moves. Its hard to describe how weird today is. We have two new highs at the new york stock exchange. 1239 new lows. Those are very weird numbers. We have 160 stocks advancing. We have roughly 3,000 declining. You get an idea. You dont see these number
Well discuss whether apple is can baniba cannibalizing its own stock. Very interesting dilemma for the company and its fans. And it turns out its not just the United States, exfquix says customers in the uk suffered from this data breach as well, as u. S. Lawmakers get ready for an investigation, and guess what, the stock is down again today. Its down 34 since the announcement a week ago thursday we have all the new details on that coming up. Just goes from bad to worse. Lets start with the tough talk from the white house after north korea test fired another missile l. That talk coming this afternoon. Eamon javers has the islands for. Reporter despite the north Korea Missile Launch last night, the message from the white house continues to be diplomacy, diplomacy, diplomacy u. N. Ambassador nikki haley was in the White House Briefing room a little while ago briefing reporters on the u. S. Approach to this and she emphasized diplomacy and particularly some of those sanctions that were pu
Discuss north korea. Should investors use the weakness as a buying opportunity . Well debate that. Also, is the ipo market back certainly rokus shares have been roaring higher for a second straight day were going to look at whats behind all the excitement for that stock but in the meantime, we have some breaking news regarding the Federal Reserve. Steve liesman stepping in. What now, steve . Reporter im not stepping in bill Jerome Powell is the news. The Federal Reserve governor, Jerome Powell apparently according to the dow jones met on wednesday with President Trump, interviewed according to them for the fed chair job this comes as its been reported earlier this morning that former Federal Reserve governor kevin warsh met with the president on thursday i think the clear indication is this search for the next fed chair is heating up. We were trying to establish whether or not the current fed chair, janet jellyellen had mett the president. I do not believe thats happened recently well
This year, and coming up, whether now is the time to get back into it. Tomorrow marks President Trumps hundredth day in office, and tom cole says how Close Congress could be to getting a deal done on both taxes and health care. Amazon, alphabet, race to 1,000 a share. We are tracking the action. First to you on amazon. Hey, sara, will. If you are looking at price targets, the streak thinks amazon gets there first. Just shy 1500, thats 25 above alphabets. After the Quarterly Results yesterday, it is getting closer to the milestone. Amazon launched double digit revenue growth, and now heavy investments, and push in the indian market, drone delivery, to the recent nfl deal. Shares surged more than 50 over the last year, and about 25 since january alone. By the way, guys, once shares get 990, jeff besos is the worlds richest man of the its worth noting what spoils the party, and not everyone is on board with the thousanddollar plus average target. After earnings, Pacific Press downgraded a