And town but not out walmarts ceo admitting his company fell behind amazon but now the pressure is on to play that catch up game. And finally peter thiel doubling down on his attacks against google why he says the search giants dealings with china should be a huge red flag for the feds its tuesday, july 16th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange from wherever you are in the world you may be watching. Im dominic chu in for Brian Sullivan live pictures here, a screen shot of capitol hill where today congress will be Holding Hearings on Big Technology well take you there live in a moment first heres how you and your money are setting up right now the Global Markets are setting up their day stock futures indicating the dow will open just about flat, off by 4 points. Not much movement. There the s p up by 1 point. The nasdaq up by 6 to 7 points this after the major averages capped off another day of, yes, record highs the dow hitting its fourth rec
On this afternoon. In asia, the nikkei was down the hang seng was up 0. 23 for european markets, the dax is slightly lower you see slight gains for the cac, the ftse 100, stocks in italy and in spain look at the Treasury Department. The tenyear is yielding 2. 090 . We have a very busy day going on in the markets. From wall street to washington, lets get you through the squawk planner. On the earnings front, three big banks on the docket starting with jpmorgan that will come at about 6 45 a. M we have Goldman Sachs coming in with its earnings. Those should be announced around 7 30 wells fargo earnings should cross the tape at 8 00 a. M Johnson Johnson will also report at 6 50 a. M. Eastern time well bring you a first on cnbc interview with the cfo right after that report. On the data front, we will be getting june retail sales, import and export prices as well that all hits at 8 30 a. M. The other big event on the planner is big tech is back in washington today the house judiciary subco
Developers conference in san jose today. Lets get straight to josh lipton with the highlights. Melissa, this was a developer show. But there was plenty of hardware news here today as well. You can start with that new device apple just unveiled today, they call it homepod. A Smart Speaker that will cost 349. It will be available later this year. Siri activated. To allowing users to call up music, messages, news, all handsfree. A shot at others who sell Smart Speakers. We have such a great portable music experience. But what about our homes . We think we can do a lot to make this experience much better. Just like we did with portable music, we want to reinvent home music. Apple also went heavy on the mac today announcing a number of refreshes to that also. A new machine coming later this year it calls the most powerful mac ever, 5k display, 5,000. But this was a developer show, so the big focus was on software. Apple unveiling a new feature peertopeer payments, that would be seeming to t
Hours. Tim cook will take to the stage to unveil what is expected to be a new iphone. Maybe more. Bill ackman betting on burritos Pershing Square takes a large stake in chipotle shares are up this morning. Under armors push in china. Kevin going on an asian tour with steph curry. Sara eisen is along for the ride. But it is a big day for apple, in just hours from now the Company Holds its much anticipated product event in San Francisco. Is expected to unveil the newest version of its iphone and offer a first look at an apple watch. Waiting for this for a while. You did work on the apple charts last night. Looking at levels it needs to hold. I thought the chart is a classic rollover but theres a woman who nailed carla, shes the mystery to me said that the stock would bottom at 89. If you take a look the stock bottomed at 89. Went back and said this could be the breakout typically because this stock tends to go in patterns of symmetry. Now i am not a chartist. I just look at a chart there
As the sun sets in the next 45 `minutes or so. Temperatures a bill cooler today, 40s and 0s in the metro area. Farther to the northeast, even Colder Weather as some arctic air slipped into extreme Northeast Corner the state. 31 degrees right now up in sterling but thats not going `to be the prevailing air mass for us for the week. Instead, going to be back to the mild weather. Heart warming weekend for us but very cold conditions expected in the eastern part of the united states. Within the last hour, the father of a sixyearold boy killed earlier this week has been arrested. Today, the woman who says she `s the biological mother of that little boy shared her story. Sse gave thus photo of her son riley johnson. She says he was staying with his father when he was brutally killed on wednesday. Denver 7s Jennifer Kovaleski is live where it happened. Jen, she wants answers . Reporter eric, she wants to know how Something Like this could happen. Rachel johnson says sse is still in shock and