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Drivers. The company is seeing a 60 drop in parks and Consumer Products revenue. A 62 dip in studio revenue. The numbers are backward looking. Challenges remain in the here and now. You have surging covid cases. Today, we saw the chicago shut down. Cruise returning early. Joe the scene that is a lot of things going on. Lots of good term lots of things going on. The shortterm, losing money on lots of struggling aspects. You see some of the details. Media networks gaining 11 . Studio entertainment plunging. No one is making or going out to the movies. Parks experiences only down 61 should the director of consumer and International Gaming romaine absolutely a microcosm of the economy. Will be interesting to see as they pushed deeper into the streaming space, how they leverage that to go back to the toys, the parts and those things they used to use. Joe joining us with m ....
Speaker pelosi remains optimistic about a preelection aid package. I dont know talks are continuing today not sure how Mitch Mcconnell feels about all that yeah, we got meadows on the tape too making some comments about that well get to that in a bit, guys lets start with snap. Hard to start anywhere else as they crush the estimates, revenue up 50. Rbc this morning says the growth looks less like a v and more look a check mark. And i saw you gave evan spiegel shoutouts on twitter last night. I had to. Doesnt have a lot of followers. Didnt bounce it back to me. Unlike there is some people who get right involved like one of my guests today. One thing i found that was spectacular was when i first started the street, we had a guy from advertising, he said, look, the holy grail is to get someone to start using colgate when theyre 16 snap augmented reality is all about reaching that age before they decide, you any, look, it is going to ....
That because there are a lot of people who just think if we can break through that then were going to be able to say when we get a vaccine its just going to be game, set, match for the bulls because we are already at this level without the vaccine i think that today is a confluence of goldman puts citi, wells fargo and jpmorgan in the rearview mirror. Its the old Goldman Sachs model. We have moderna talking up a blue streak this morning on squawk with meg making us feel like inject my left arm, please. We have the Goldman Sachs number that looks like the old days david faber, goldman reminds me of when i dont know, what, 18 years ago yeah. It is a report from goldman that is you can liken to sort of some of the earlier years of their dominance when they were only recently a public company, jim, or really lets not forget their record quarters were actually right at the end of th ....
Take a look at some of the individual nasdaq winners year to date. Align technology, taketwo interactive, vertex, wynn resorts, micron. You stick with whats working. For most of those names, yes. They show growth if they can continue to show that growth absolutely most of these names fundamentally, when you look at, for instance, micron, i dont know whether or not its certainly a buy or not today, this moment, but when you look at this after it broke through 32. 5 it went straight up towards 50 i mean almost every single day yet when you look at the valuation and the Growth Prospects of this company, theyre still very, very compelling so i think there are plenty of opportunities out there, even in some of these names. Now, wynn, i love that name, absolutely love that name. And you love steve wynn. I sure do, you know why, because he led the way he was buying his own stock at 53 all the way up to 100 but can it hold up at these v ....
Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to appl ....