All of that, coming up. Microsoft rolls out windows 10. How do they and to expand their empire . First, we are covering facebook shares falling as social Network Spending jumps with revenue up 39 to 4 billion, estimates. Betting big on mobile apps with 76 of ad revenue coming from mobile. User growth was slightly below estimates this quarter. Facebook reported daily active users hit 968 million, just under the 900 70 million that they affected. What is driving this spending spike . Joining me now the manager at sprinkler, who helps brands like dell, zynga, designing your advertising strategy. We have got brand targeting and David Kirkpatrick the author of the facebook effect. First i want to bring in julie hyman our senior markets correspondent who has been digging through the numbers. Everyone seems to zero again on the spending number and the fact that User Engagement seems to be relatively flat. Julie the effects that we have seen in afterhours trading is interesting. You can see it
Of strength following the best twoweek run in nearly three years. Apple reportedly set to hold an investor call today ahead of a potential bond sale that could be priced in euros for the first time. And two big deals. Well get more details on that. But we begin november after a halloween rally which saw the dow and s p set some record closing highs each with gains of more than 2 for october. The nasdaq outperforming them up 3 and this week more earnings reports, Midterm Elections tomorrow and big october jobs report comes up on friday. Really, jim, getting through october some consider a success. Its the biggest mid month comeback for stocks since 09. You had a couple of things. You had people betting that ebola was going to become a very big issue because people felt that the late mr. Duncan was going to make it so that there were multiple infections. There were a lot of people who were shorting restaurants, retail, theme parks, airlines. Turns out that none of them had a downturn. Th
Throughout. Tom lee said himself, the financials, the idea that were out with some of those, that sounds like great news to him. Its something theyre going to be covering in squawk on the street right now. Expired, by which the underwriters can start saying what they think. And guess what eric schmidt thinks is the companys biggest rival when it comes to search. The answer may surprise you. Got his attention. A big day for Bank Earnings. Jpmorgan chase posting a Third Quarter earnings miss. Revenues, though, did exceed estimates, helped by fixed income, currency, and commodity training. Citi reported better than expected Quarterly Results while wells fargo came in right in line with what was expected for its Third Quarter earnings. The Bank Earnings coming one day after stocks posted the worst threeday losing streak weve seen since 2011. The s p 500 down nearly 1. 7 , closing below its 200day moving average for the first time in almost two years. I said 1. 3, it was 1. 7. And adding th
Under donald trump, rapinoe once refused to visit the white house. But with a shift in power she is now happy at home in she is now happier at home in america but says she and other athletes have a responsibility to keep fighting to give others a voice. Jo currie, bbc news. Time for a look at the weather. This morning it was a misty and murky start on monday morning but in most murky start on monday morning but in m ost pla ces murky start on monday morning but in most places the cloud has been thinning, the fog has been lifting as well, so there is a bit of blue sky out there, this is the picture in east sussex early on. But for the majority of us we will keep quite a lot of cloud through the rest of today. It is mild for the time of year and there are a few showers in the forecast as well. We are not all going to be seeing them but the showers are courtesy of this area of low pressure, a fairly weak area of low pressure, a fairly weak area of low pressure, a fairly weak area of low p
Indicating another tough day for the markets after the first backtoback losses in five weeks for the s p and a fourday losing streak for the nasdaq, but as well talk about with jim in a moment, could clearing the froth be just what the market needs . General motors set to continue lower after its worst oneday performance in over two years that was yesterday and after a report that the u. S. Attorneys office in new york has opened a criminal probe in to the handling or lack of handling of a recall. Continuing fallout from the target breach. New data finds that customer traffic fell to a threeyear low in january. And we talk to twitter cofounder biz stone about the outsized valuations of some of todays startups and whether were in the midst of another dotcom bubble. The s p logged its first backtoback losses in five weeks and the nasdaq posting its first fourday losing streak since august as shares of fuel cell, plug power and tesla took a hit. Cramer sounded off on all of this last nigh