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The stock down 20 after withdrawing Sales Guidance and sales in the quarter tank. The sales down now fast and flawed and a big job for the new ceo. All of that and more ahead lets begin with this kind of like bed bath and beyond its been a wild 24 hours for your money moments after getting of on the air the news hit that iran launched missile strikes on two ira Iraqi Military bases housing american troops. Sending s p futures plunging then iran calmed down a bit saying it would stop if the United States didnt launch new attacks. Futures rebounded making up nearly all of the losses the market is open and theyre pretty much flat until shortly after 11 00 a. M. Eastern time that was when President Trump addressed the nation saying iran, quote, appears to be standing do ....
Maybe you dont care but you do care about the american economy. And boeings news impact us all. We tell you whip process then apple hitting the alltime high today, three analyst have three different takes on the same stock. Well find out who the traders believe is right all that as we begin with an earning alert on fedex not good. Fedex stock down again, missing on earnings and revenues lets get back to eric chemy at cnbc hq with more on the fedex flop. Thats right a disappointing quarter for fedex. Ceo fred smith acknowledged in the release that the fiscal 2020 is a yeerd of continued significant challenges and changes. The the company missed on top and bottom lines setting weak Global Economic cannibus, increased fedex ground costs, the loss of busy from amazon, shift to lower yielding services pb, no competitive pricing environment and late Holiday Shopping season. Look ....
Space, facebook, the stock jumping after the social Network Announce the a Payment Service operating across all platforms straight to kait rooney in San Francisco with the details hey, kate. The social network is stream lining the Payment Option was facebook pay think of it as a wallet on facebook, lets you send payments to friends and shop on whats app and instagram this is the latest sign of the tech giant push into payments. We saw a little bit of that with libra and the ambitions in cryptocurrency but whats app and Facebook Messenger have not seen huge adoption when it comes to the current payment methods. Analyst tell me this is way to get the apps working together seamlessly and the hope is theyll b ....
By the Options Market is betting on the bounce for one home depot. We start with the big countdown. And no. Which one is that. Hold on its not the countdown until friday its not the countdown until christmas. I hear i hear sleighing bells. They mixed ut santa with the record we are 18 days away from the next round of tariffs kicking in we heard today from two retailers today with two different takes on the looming levies dollar tree tanking after cutting guidance due to what else, tariffs, among other things best buy, though, it soared. Raised the outlook saying the impact of the tariffs has been factored in and dealt with so really with all due respect to dickens it was the best of times. It was the worst of times. Its a tale, guy adami of two retailers. I see what you did there. What story are you buying. Would you rather almost. First of all, i find it welcome. Welcome to breyen welcome to brayen. He is playing hurt tonight if ....
The month but after all october a treat. S p gaining more than 200 hitting alltime highs along the way. Here is the question this all halos eve have we reached the Witching Hour for the markets record run, tim well, look if you think the fed is on hold until mid2020 it could be a spooky time for markets because the markets expected accommodation they are your friends and therefore the witchs brew is probably in the form of the data if you look at the chicago numbers this morning, especially the new orders component took you back to march of 2009. It tells you the impact of what the trade war has we dont know really where we are. But look in the absence much a political shock ill leave it at that and in the abens of china walking away from the table, the fed is still your friend and injury youve had a Third Quarter where you had surprise to the upside. I would say its not all th ....