A new special relationship, boris and trump, perfect together, maybe. Well see. Investors like it. Stock prices jumped when the brexit news came through. We backed off a little since, but the dow is still going to open up about 70 points, up 9 for the s p and up, what, 34 for the nasdaq. The market clearly ignoring the really toxic politics so clearly on display in washington, d. C. Ive got two stocks to focus on today. New tech netflix, old tech, ibm. They are going in opposite directions. Start with netflix. We were told they had to sign up seven million new subscribers. Well, they didnt. They missed. Yet the stock is going straight up. My point here is, beware the expectations game. Ibm, going straight down. Their turnaround is not going well. We will ask if this is the time for new leadership. On the calendar this morning, President Trump leaves d. C. , heads for texas. Hes leaving the place where nothing gets done and where impeachment is an obsession, and hes going to a place whe
And japan sign a limited get it resolved, so we can focus on trade deal we will be looking at what it covers the priorities that the british and what it means for global trade. People keep telling me when i travel and on the markets asia stocks gain as trump around the country that they want to focus on. Talks up china trade deal. We have just seen a little bump. The ftse up just a we have just seen a little bump. The ftse upjust a smidgen. Want to make the most out of your Airline Loyalty points . Well, theres a guy to help you do just that. The points guy and well find out his top tips. After amazon announced alexa will have an option for celeb voices we want to know would that make you more likely to buy a Smart Speaker . Whose voice . Do privacy issues worry you . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. We start with alexa love it or hate it, you could soon be hearing a lot more from amazons talking virtual assistant. The tech giant has unve
Now the ceo of juul is out and tobacco giants Philip Morris and altria call off their merger talks. The Political Risk for stocks, futures pointing to a muted open House Democrats move on impeachment and what the turmoil will mean for ongoing u. S. china trade talks. New products driving sales and double digit growth in china. Big news regarding Philip Morris international and altria. The two companies deciding to end merger talks juul is announcing that kevin berns is stepping down as ceo. It will suspend all broadcast, print and Digital Advertising in the United States as regulators have launched this crackdown on vaping products. Meantime, altria tightens their guidance for the year. Reaffirms domestic cigarette volume down 5 to 6 but it does seem like juul is entering a new chapter here as they try to get fda approval. I think if the fda cares about where was gottlieb on this cnbc contributor why didnt he shut this thing down we cant get cannabis passed in this country we let juul
Stocks Philip Morris altria, shares down 2 right now. Well have much more on this story straight ahead as we mention, we are moments away from President Trump meeting with the ukrainian president , hours after releasing those official notes from that phone call there is a sense that all sides are hunkering down for the battle ahead President Trump up there in new york defiant this morning, he was adamant that those notes from his july 25th phone call show nothing improper. And in fact the president has his back the president himself just came out with a station saying there was no pressure put on him, and there wasnt. The way you have that built up, that call, it was going to be the call from hell it turned out to be a nothing call here on capitol hill. Democrats have a very different interpretation of that phone cal. Adam schiff saying, it was even more damning than he expected. Its shocking at another level that the white house would release these notes and felt that somehow this wou
But youve got to imagine strategically the fact that theres an impeachment inquiry now open on the president and at least in theory there is some statistical chance that theres a removal of a president , although everyone reviews as extremely unlikely here, if youre the chinese you might think lets wait and see what happens. Flip that and look at the incentives facing the president. Hes facing a situation where he wants to prove that he is delivering on the economy for the american people. He may now need a deal, need a victory here politically and economically more than he did a week ago, so the pressure on him might be to get a deal even if its not as good as he might have set out for initially but this president has been very focused on this and said hes only going to take a deal if he feels its a win for the american people. Eamon javers outside by the flags doing great work today keeping our viewers attuned to the news appreciate that. Good morning once again, everybody. It is 8 0