Grasso is back welcome, steve. Thanks for having me. Technology making a move higher thanks in part to the semis. First you have that semi upgrade from Goldman Sachs thats put a flame underneath the whole space. Theyre leading and also have the f. A. N. G. Stocks reporting. Thats what is driving the market action. Does it tell you something about the cyclical leaning. It tells you it gives you the impetus of, hey, what got us there . What is going to be the mainstay people like to keep riding the horse thats delivered the returns and that horse has been tech. Horses are scary. Lets drill down on the big stories were watching a meeting with chip executives will take place. Phil lebeau, a credit warning or boeing and bob pisani are looking at the other moves and seema mody looking at the impact on oil and iran. Ylan, lets start with you. Its expected to get under way in a half hour several of the executives are already here my colleague Kayla Tausche and i have confirmed some companies a
Posted one of its worst quarters relative to the s p in over a decade. Caroline we will take the pulse of the ipo market as rubrics ipo filing Shows Growing revenue but still losses. We are having the worst day in about a month on the key benchmarks. Tech under pressure. We see once again a fear of the fact that the u. S. Economy is too strong. The Federal Reserve will not be cutting rates as anticipated the Federal Reserve will not be cutting rates as anticipated. More frothy your names we will see a pullback in some of the more frothier names. Bitcoin under pressure. We see the inflows dial back from the crucial spot etfs. There is one stock you are watching. Ed tesla deliveries missed expectations. Thats an understatement. Deliveries, 388,000 in the quarter gone. The biggest myths against bloomberg consensus on record. Where did we get this analysis wrong . The stock is down around 5 in the session. Premarket had fallen as much as 7 . What are the factors that are happening here . I
Smolt john kerry says the world is facing another munich moment. Speaking in paris on saturday, the secretary of state compared the use of chemical weapons in syria with nazi germany. The Senate Intelligence Committee Says its authenticated 13 videos that show victims of a chemical attack just outside of damascus, the committee made the videos public on friday. Here is the latest from paris. Reporter in a day of shuttled diplomacy, the United States top diplomat arrived in favor us sure of one thing. French support for a possible strike against syria. We in the United States know and our French Partners know that ther this is not the time e silent spectators to slaughter. This is not the time to send a message, where doing nothing is far more risk ethan responding. Reporter franz is now the u. S. only major ali after the u. K. Parliament ruled out taking part in an attack. The french leadership denies that the country is diplomatic isolated. We have the same views of 28 european countr
I talk about whats happening theres no word yet on its successor. In the u. S. A growing number of medical workers are working from home. In these case they are going from home to care for them. The Home Health Care services are Home Health Aides, personal care aides and registered nurses. We look at this al jazeera special report. Reporter laurie tkprabs a cup of coffee and heads off to work. She earns 10 as a Home Health Aide in philadelphia. I like it. Reporter by the time she gets to her clients house, theres a list of things to do. Straighten up. Do dishes, make the bed, do his wash. If he needs to go anywhere, basically just help him be more independent. Reporter as medical and insurance source, Home Health Care is surging. The industry is expected to expand by 70 by 2010 and 2020 adding 1. 3 million new jobs. Companying these jobs are adequate training and low pay. Its not great. You have to have somebody else. Reporter we mediate income of 20,000 a year about half of these work
Unarmed black teenager. Egypts interim government takes shape despite strong opposition from the Muslim Brotherhood and calls for more protests. Wave of attacks across iraq. More than 50 People Killed in mostly shia areas. Houses gos fashion scouting. A demonstrations are taking place in cities across the United States following the acquittal of George Zimmerman, who shot and killed an unarmed black teenager in florida last year. In new york, thousands gathered to protest the verdict. Rallies have been taking place in chicago, san francisco, miami, and washington dc. The case has gripped america over the role of race in the killing. The Justice Department will examine whether new prosecution is possible under federal law. At a local church in miami gardens, parishioners came out for their normal service. But this is the neighborhood Trayvon Martin grew up in. The decision to find George Zimmerman not guilty has left them reeling. Disappointment and injustice is palpable here at the chu