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Zuckerberg would not. Twitter is banning political ads of all types. We have details. Googles former head of design ethics talks to bloomberg from the event in new york. His thoughts on to knology, apple has beati across the board, topping estimates from both last quarter and next quarter. This is a significant accomplishment for apple despite some sputtering iphone sales. To break down the report, i am joined by our analysts. Let me start with lee. Broadbased beat, what is your take away with this . Thatit is not a surprise the stock had performed pretty well coming into the report. Especially on the Services Side of of this was a pretty large beat. That and the Gross Services number was pretty unexpected. That and the guidance for the Holiday Quarter was pretty good. Look at the expected revenue numbers, the midpoint f ....
A new special relationship, boris and trump, perfect together, maybe. Well see. Investors like it. Stock prices jumped when the brexit news came through. We backed off a little since, but the dow is still going to open up about 70 points, up 9 for the s p and up, what, 34 for the nasdaq. The market clearly ignoring the really toxic politics so clearly on display in washington, d. C. Ive got two stocks to focus on today. New tech netflix, old tech, ibm. They are going in opposite directions. Start with netflix. We were told they had to sign up seven million new subscribers. Well, they didnt. They missed. Yet the stock is going straight up. My point here is, beware the expectations game. Ibm, going straight down. Their turnaround is not going well. We will ask if this is the time for new leadership. On the calendar this morning, President Trump leaves d. C. , heads for texas. Hes leaving the place where nothing gets done and where ....
Well and apple. That event is just wrapping up now. Announcements shaking out in the stocks of different competitors. Were going to fill you in on all of that action but joining us for the hour is steve grasso from stuart frankel. Steve, great to see you. Good to see you its amazing. Not necessarily a major move for the averages today or right now. Everything is slightly lower and actually, if you look at the week, the dow is actually flat so far to start off the week and yet theres been this great rotation talk to us about that. The rotation is coming out of growth into value. How long does that last is how long the market will be under pressure and for now, it probably will last a little bit longer, but get a trade deal, throw everything i just said out the window and you see everything rally back people are making the analogy back to 09 and 2016, with this rotation that lasted for a couple of weeks. I dont think it will be that long do you really think were going to get a trade deal ....
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 wor ....
Dollars in market value as the spotlight shines on its chinese Production Base where almost all made. Worlds iphones are Taiwan Semiconductor for using patented chip technologies. The u. S. Trade agency imposes import bands that could roil the market. First, to our top story. Days after escalating the market with the trade war with china, President Trump says beijing badly wants to make a trade deal. Pres. Trump i think they want to make a deal. Im not sure they have a choice. The united states, which has never collected . 10 from china will, in a fairly short period of time, will be over 100 billion in tariffs. Taylor to discuss more, i want to bring in peter. It is very interesting. We sat here friday and the stocks in chipmakers dropped 4 . The sentiment has improved. Would you agree with investors that we got ....