Good thursday morning. Welcome to squawk alley. I am Carly Fiorina with Morgan Brennan and jon fortt. A busy day of earnings, some tech, some not to sort through today, microsoft, paypal, ebay and others on the tape two biggest movers going the opposite way, tesla is surging, twitter is tanking Julia Boorstin and phil will he be lebeau is with us. This is a stock having a rough day, one of the worst days ever as a public company, on pace for the worst month since july, 2018 shares down almost 19 lower despite growing the user base to 145 million active users. The reason it is tanking, revenue and earnings fell short of expectations as technical issues keep them from Fourth Quarter ads. Jack dorsey looked to reassure investors. Unfortunately we had some missteps in our map ads in july and august despite that, saw strong september results and good advertiser momentum. He stressed the commitment to clean up the platform and eliminate abuse. 2020 elections and integrity of the conversation
Jobs and spur growth. She spoke for more than eight hours yesterday in opposition. Porters today is rob last day on the job. Reports surfaced he had emotionally and physically abused his exwives. Senior white house aides were aware of the domestic violations and violence that was alleged. Eagles fans have waited almost 60 years for this. Superelphia honors its bowl champions. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Qualcomm rejects broadcoms bid. Why they say they undervalued the company. Twitter makes a profit for the First Time Ever and profit revenue grows after four quarters. Their blockbuster Earnings Report. And, a gold medal for pyeongchang. They will be the first to reveal 5g. Qualcomm has officially rejected broadcoms bid of 82 a share. They say it materially undervalues the company and falls short of regulatory necessities. The broadco
Before the American Express news broke, the dow was under a lot of pressure. That number came in line with expectations. It wasnt terrible. The fed rate hike could still nbt cards. The dow is down 85 points. We have someone who says the Current Employment report is not measuring jobs properly. Hell explain why next. Also, more on twitter. Its falling yet again today. That stock has been cut in half in just four months. Its now 1 away from the ipo price. Well look at whether investors should be cutting losses or holding out hope at this point. Crazy. And maximizing your airline miles. Wait until you meet the guy who has flown nearly five million miles for free. I love this story. Hes looking to make a business out of helping others do the same. Bill, we have to talk about he is taking advantage of the system or just finding out the way to benefit it. Its all legal much its all ethical. Hes just found a way to gain the system. Well tell you exactly how hes doing that if a little bit. Let
Be more big moves next week. Oil staging another big rally today. Yesterday traders said it was mostly Short Covering. Could this be the beginning of a real rebound for the commodity . Weve got rbc commodity guru helena croft joining us live. We have bob pisani tracking the action here at the New York Stock Exchange. Kate rogers at the nasdaq and jackie d at the nymex. Finally more typical august day. There is a little fireworks in the energy space. S p 500, a narrower range, about 15 points. That would be more than normal on a typical day. Compared to what weve seen, other than a slight swoon in the middle of the day, its been fairly straight and narrow here. I want to show you what markets are doing here. Well call the trading range narrow. Volume on the heavy side. Not as heavy the prior four, five days. Heavy for a day in august. Breadth 32 advancing to declining. Thats been holding other than a droop in the middle of the day. Volatility is flat. Look at names like mid state petrol
The center for the national interest. Think you all of us thank you joining us today for what will hopefully be an interesting conversation about russian information efforts. We have got really terrific speakers. Have different but backgrounds, both with extensive experience in the Intelligence Community. This man is a neuroscientist, but alszo a former chief technology officer. Recipient of the National Intelligence distinguished service medal, someone with extensive experience at the intersection ,f technology and intelligence both in the private sector and in government. Have theht, we director of the intelligence of the National Security program here. A a career intelligence been anonal who had advisor to Vice President cheney that,sian matters after the director of russian analysis , after his time in government service, there might be some important private sector experience that correlates with technology and how people on thece one another internet. I would like to ask the spea