Amd to buy xylinx. Is there more room to run on amd . Well explore that one when power lunch begins right now earnings season is supposed to be a report card for companies. Lets go to bob pisani for more on this lack of guidance bob . Kelly, once again, the Fourth Quarter, another quarter with the lack of guidance its a bit of a problem because the analysts again having a hard time figuring out what the right numbers are. Remember, the earnings numbers have been coming in very well, generally weathering but again, big companies, no guidance from caterpillar, 3m, xerox, Stanley Black and decker. Others like Harley Davidson didnt give guidance either. Raytheon, corning. No guidance from companies. Analysts have a tougher time and theyve been very conservative and wrong so far fortunately wrong on the conservative side. Look at all these companies out there. 83 are beating for the Third Quarter and theyve been beating by almost 20 . Its an amazing beat and shows you the analysts have been
Many of the enemy. Claims there are 20 mutations. I think its a blessing the crown of our says. Its a very quick crisis. Just after 9 in the evening here in moscow this monday or chill with a 26 welcome wherever youre joining us from this hour at this is our t. V. International our top story. Turkeys president has once again lashed out his french counterpart suppose it down to islam stance claiming its a threat to his countrys security his words come under continues to build in the muslim world as a crackdown on suspected islamists in france intensifies following the recent beheading of a teacher near parts. President macron has said he wont to announce the publication of those cartoons and that has spiked furious reaction from many muslim majority countries including from the president of turkey president one who said twice over the weekend that he thought much kuan needed his Mental Health checked. Needs Mental Health treatment what else can be said to a head of state who behaves in
Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup
33 points and nasdaq is up 92 and the s p is up 8 points. Yesterday the dow industrials snapping a 4session winning streak with decline of the session with 135 points and nasdaq down 76 and s p lower by 11. Warning on china that i reported here first, attorney general bill barr calling out American Companies for caving into the pressure from beijing. Bombshell allegation, 15 employees of the Washington Redskins said they were harassed for years. Mornings with maria is live right now. Maria in europe mixed moves, the ftse 100 is up 21 but cac quarante is down 15 and dax higher by 42. In asia overnight markets mostly higher with the exception of japan, nikkei average overnight down a third of a percent and the other fractionally moving across the board. Some of the top stories we are watching right now, John Hopkins University reporting over 77,000 new cases yesterday. 10,000 higher than the previous high. 969 deaths were also reported. Florida, South Carolina and texas all reporting the
Tthe eamon javers is in washington, deidra, and julia boorstin, and josh lipton on apple we were just seeing a shot of the hearing room as well eamon, we may lack some of the visual drama given the remote locations of the ceos, however there will still be plenty of theater given the star power we expect. Yeah, look, scott, this is scuff iconic moments in business history. Starting with big to bako, the big banks, the pharmaceuticals, theyve all been through this big moment where all of the leaders of those industries are on the capitol hill raising their hands in the air testifying before congress this one wont have quite the sting of that for a couple reasons. I dont think you can say the Technology Industry is as unpopular as the industries were and that huge user base i think will go a long way also, you have this idea which you were talking about these guys are going to be testifying remotely. Theres a bit of distance thats going to go a long way here, in terms of softening some of