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China says unless you remove the december tariffs we dont have a deal otherwise. David dietze and kristen anderson, last but not least the wall street journal wealth reporter, veronica daguerre. David i will begin with you. One out of five s p 500 companies have already reported and 82 beating earnings estimates. 63 top line revenue estimates. So far, so good. What do you think . I generally agree with that. Remember the bar was set very, very low. Of course companies forced analysts to push down the ratings so it is easier to beat. Neil i thought i was only one who did that. Gave my parents d and fs and see cs would think i was genius. They learned from you. Expectations are very low. I am seeing pretty good beats. I like the fact revenue is coming up strongly. Remember that Information Technology sector that is really weighing down expectations for the s p 500. The rankandfile is doing extraordinarily well. Neil it is in ....
The president meeting right now with congressional leaders at the white house amid on going crisis in syria. Well bring you any headlines from the president this hour. We mentioned we are waiting for netflix now. Wee bring in our panel, gary b. Smith, kadena group president. Also a fox business contributor. Jack hough, barons associate editor. What are you looking for on they netflix. We call it earnings report, how many new customers you bring in who are willing to pay. Last quarter was a disappointment. The stock plunged. I think in this report they dont really have to beat the estimate. I think they do have to meet it. You cant go into this later part of the year without melissa hold on right there. We have numbers. Connell revenue is right in line. 5. 25 billion was exactly what we were expecting. Deirdre will have more details what you see. Stock is selling off there. I dont have a comparable earnings per share number that i can give you yet. Im not sure if it is earnings per shar ....
Softbank continues to design a plan for wework despite signs that the startup prefers jpmorgan. Afterflix shares jumping investors concerns are called about a concern back home. We are seeing u. S. Futures unchanged this is after u. S. Stocks fell in the regular session. We had tech and Energy Leading the declines on the s p 500. We also had treasury yields declining today. We have u. S. Retail Sales Numbers that came in and contracted missing expectations. Up the sentiment for potential rate cuts coming later this month from the fed. However, we did see the pressure continued to mount as we also had china saying they would retaliate if u. S. Congress is up to have legislation in hong kong. Sentiment not great across markets. We saw the u. S. Dollar taking a dip. Lets take a look at asia. More of the same with sentiment taking a hit. Take a look at how futures are setting up a ....
Heres another headline from asia. North korea says u. S. Authorities will hold talks on their Nuclear Program on saturday. We dont know who represents america. The state department confirms, however, that the talks will take place. Politics. Real trouble for joe biden. Hes becoming a casualty of Speaker Pelosis impeachment drive. Fox has obtained this picture showing the former Vice President with his son hunter and on the far left, devin archer, who was also a director of the Ukrainian Gas Company. Biden has said he never discussed his Sons International business with him, but they went on this golf outing in the hamptons in 2014 when mr. Biden was president obamas point man on ukraine. As for the ....
Crude rolling over yet again. The outlook stable, but nonetheless, crude may be reflecting some demand fears. You the days market moving news from around the world. Joining us from hong kong is caringly is caringly is karen leigh. The city is cleaning up from the get another weekend of violent seventh ead of the ahead of the 70th anniversary of communist rule in china. chinese president xi jinping spoke just a little bit ago. He said relations between hong kong and the mainland would improve, and this comes even as prodemocracy protesters plan to offer a number of rallies tomorrow that coincide with the celebrations beijing will be rolling out for the anniversary celebrations. They will be attended by tens of thousands of people, so it is really going to be a juxtaposition between what is happening in the Chinese Capital and what is happening here in hong kong. Alix thank you very much. Unbelievable video from over the weekend. N ....