President making those comments as he looked to defend his new european travel ban, latest on that prowhite house with blake buhrmann standing out but first Kristina Partsinevelos on this historic day at new york stock exchange. For the wrong reason. Reporter right, i cant believe i have been here twice the markets have been halted. For 15 minutes, the second time this week because markets dropped 7 in first 5 minutes, we have note seen lows like note seen lows lik not seen lowe this since 1987 black market crash, all market in bear market, they have dropped 20 from recent high, a broad selloff, gold fell, oil sell, travel industry got hit hard, we know that president did announce they are banning ought flights m the eu. That weighed heavily on united, american, and delta, more than 21 . Then cruise lines as well, another industry really taking a beating mor norwegian and carni, they voluntarily said they would cancel their princess cruise ship for next 60 days, that hopefully we can b
Conservative voices, mornings with maria begins right now. Maria big show this morning, joining the conversation Dierdre Bolton and Kevin Phillips and jack otter. Rockbottom low Interest Rates and the trading environment when the numbers come out, futures right now pointed to higher opening ahead of the numbers and likely going to be the issue that basically sets the tone for markets as we await those thirdquarter results, jack otter, what are you expecting . Nice that we are expecting jpmorgan, jamie dimon is doing a great job, if they cant pull it off, thatll be a problem, with low Interest Rates, that will give banks breathing going forward, theres no real sight. Maria a writedown potentially for wework, unicorns that blue up. They are on the hook for uber as well. Aside from the wework story, aside from softbank which would take the biggest cut biggest hit, rather. Refinance and loan them money for lord Taylor Building which was supposed to be the wework headquarters which was an a
Ton begins trading and we speak with the ceo. Ebays ceo steps down from his role. Who will help invigorate the floundering company . We begin with what was a historic week in washington. On tuesday, nancy pelosi formally opened an impeachment inquiry on President Trump. The investigation focuses on a phone call President Trump had with the president of ukraine and whether he betrayed the nations security is seeking to by seeking to enlist a foreign power to tarnish a rival for his own political gain. In this case, the son of former Vice President joe biden. While not tech related per se, an Interesting Company did show up in the partial transcript of the call. That company, crowd strike. I spoke with the ceo about the mention of his company in that president ial phone call. The only reaction i have is that in 2016, we actually performed this investigation. We worked closely with the fbi and turned over all the forensic data, and we stand by the conclusions we have and they were backed
Last quarter but not enough to move the stock. Its down right now, higher shipping costs hitting the bottom line and a lot more we will discuss there. Wait until you see what happened during my interview with senator Marsha Blackburn. Varney company is about to begin right now. This is what people want to see done, and i got to tell you, summertime it might be hot but people are pretty happy campers. Charles real quick, you mentioned are you okay . Yes. Charles oh, my goodness. You just never know whats going to happen on live tv. That was my interview with senator Marsha Blackburn from yesterday. A pretty rousing interview to say the least. Going to be a rousing start this morning also. We just got the latest read on the economy. I want to bring in David Mcintosh with club for growth. David, just your initial reaction to these gdp numbers which i should let the audience know, the official consensus was 1. 8 . The wall street whisper number was 1. 3 . Obviously significantly better tha
Google, amazon, intel, and many others after the bell. Coming up in just a few moments, well talk about todays pullback much more with Hayman Capital Management founder kyle bass will be good to get his thoughts especially on china. Joining us for the hour, cnbc contributor stephanie link is back from nubene are you taking a chance from this pullback to do anything today . Its an earnings bonanza. Im still way behind in the Conference Calls that started last night but yeah, during earnings season, you always get exaggerated moves. So i actually am looking at the fundamentals and trying to identify where there is opportunity. Zille yix this morning was indicated down 6 last night and only opened up down three, but i still think that is an opportunity because they derisked the numbers bristolmyers opened flat, but actually that quarter was really good, bought a little bit of that so im lacking for opportunities slowly, because the macro, obviously, weve got a lot of questions still. So,