Critics say it is not enough. And chasing tesla. New luxury car seeks to overrun tesla. We will run down the features, including the price. Slack chairs are plunging in after hours trading after the company gave its first earning report as a public company. While it beat analyst expectations for both secondquarter revenue and earnings, it projected slower sales growth for the second half of the year. Aboutsaid revenue will be 154 million in the third quarter, signaling that strong competition may dent the Software Makers rapid rise. Shares are falling about 15 in the postmarket, following the results that its poised for a record low. Joining me to discuss, nico and larry. Great to have you. Weve had a few hours now to digest the earnings. Give me some of the big concerns here. Is the big concern that Topline Revenue growth . Well, thats something i dont cover. I cover i work for technical professionals. I talk to the geek in the room, the i. T. Professionals about installing and securi
Critics say its not enough. Porschetesla, the we will run down the features, including the price. Now, stop shares are plunging in afterhours trading after the company gave its first Earnings Report as a public company. Expectations for secondquarter revenue and earnings. It projected slower sales growth for the second half of the year. It willabout signal strong competition to make the Software Maker a rapid riser. We do is poised for a record low. Isning me from to discuss our guest and on the phone is our other guest. Larry, great to have you. We have had a few hours to digest earnings. Give me some of the big concerns. Is the big concern the Topline Revenue growth . That is something i dont cover. I work for technical professionals. I talked to the geek in the room, the i. T. Professionals about installing security. From my perspective, there is still strong interest for slack from our metrics, if you look at the inquiries we get and other metrics we get around research reports. Ta
Dollar, Angela Merkel talking about Practical Solutions to the braggs story. That is sending the pound up to the brexit story. That is sending the pound up. Not a big move but may be sound signs of cracks appearing on the e. U. Side. The ftse trading at session low. Giuseppe conti saying in the last few minutes he is going to quit. He is going to see the president and there will likely be an election in italy. Where you would normally expect italian yield to shoot higher, they havent. They have gone negative. They are now at session lows on the day. Maybe they are the next indication that the ecb will step in. We are seeing bcp yields lower and prices rising across the board according to european bonds right now. France french, german, all bond yields get down to the lows. 70 today. The stoxx 600 trading near session lows down by. 6 . Vonnie wall street walks dogs overhauling the volcker rule. A ruling following and occ ruling over the currency is saying it approved the changes. It wou
Obviously, a nice gain here as we rebound from yesterdays selloff the dow is up 265. Best day here since about the middle of june for the s p all sectors higher for july, boosted by names like twitter and micron on the past month the feds rate cut and earnings at qualcomm, though, top of mind for investors as we go into the first trading day of august. Still, our next guest says, remain overweight in tech until the next bear market jim paulison joins us along with our own mike santoli good morning, guys good to see you. Good morning, carl. Jim, youve been pretty constructive here. Obviously, youre not thrown by numbers like what ism gave us today. I actually think the data has by and large here been pretty good for the united states, carl you know, personal consumption, real personal consumption growth in the First Six Months of this year was up over 4 annualized pace its just bizarre to be talking about a weak economy with one of the strongest sixmonth consumption periods of the entir
Earnings tomorrow. We will have everything you need to know. Taylor swift teqams teams up with jd. Com. All that ahead. Ibm shares are lower after a 13th straight corner quarter of declining revenue. Sales came in below the estimate. The company did beat on earningspershare. Joining me to break down the numbers, anurag, james and tim. Anurag, i want to start with you. Its great to see you here in person. It seems like investors are split over ibms future. You have people who are very optimistic and say that if ibm can transition into a mobile cloud social company, things look a lot better. Which side are you on . Anurag they are both accurate in a way. The question is how long should you wait for it to happen. Cloud is a small portion of the revenue for them. Emily what numbers are standing out to you right now . Ken a couple of things. This is a Company Still in transition. If you look at the numbers today where they have a backlog of 122 billion orders, services are up 17 you could s