Should be defunded, the left is worried that the president may rally the countrys morale and they cannot have that, Speaker Pelosi, treasury secretary mnuchin, they will talked again about the stimulus plan, the far apart on the size of the package but they agree on extending emergency payment, they are still talking, nbc held a town hall for joe biden last night, no questions about packing the court, offering statehood to puerto rico in washington, d. C. , who the democrats were put on the Supreme Court, it really was soft ball city, maybe that changes in the Vice President ial debate tomorrow night, mike pence faces off against Kamala Harris, plexi glass screens will separate them. 910 minute segments, the president s leadership on covid and mike pence pushing hard on the issues, this could be the turning point in the election which is four weeks away. All of that is politics, now money, big gains across the board monday for the stockpackas morning, the dow industrial looking at 130p
Pounds to the fca, and thats to settle a russian laundering probe. U. S. Stocks suffering their worst day so far this year after Donald Trumps travel ban rattles investors. The president also fires acting attorney general sally yates saying she betrayed the department of justice by refusing to enforce immigration orders. Good morning, everybody. Welcome to the show. Good morning. Another eventful 24 hours in terms of that political direction. European markets this morning a bit higher. Yes, it is worth noting we did, indeed, see some weakness out there. Stocks at sixweek lows heading into the session but well above where we were before the u. S. Election on the 8th of november. Keep that in mind as we look at the markets. Some of the bigger movers out there, youre looking at ocado. Shares leading the way in europe after fullyear revenues hit almost 1. 3 billion pounds. Pretax profits jumping by 21. 8 . This online grocer said it is busier than ever in talks with overseas partners and t
Ahead without a vote from parliament. Watch bonds as odds on december approach 80 and oil is up for the first time in five. Road map begins with facebook, Company Reported beat but investors focusing on the cfo comments of slowing Revenue Growth. Fitbit shares getting clobbered this morning. Poised to open lower by 30 . Just as competition grows in the wearable sector. And the election days away, polls show trump and clinton neck and neck. Both candidates making the rounds in battleground states today. But facebooks our top story, down in the premarket. The social Networks Revenue outlook overshadowing those better than expected quarterly results. This is the cfo on last nights earnings call. Ad load has been one of the three primary factors fueling that growth, with a much smaller contribution from this important factor Going Forward, we expect to see ad Revenue Growth rates come down meaningfully. Secondly, on expenses. Though it is premature to provide specific expense guidance, as
Time. Its disheartening to wall street investors. I wonder at what point investors look back and say remember 2016. Remember that year when amazon was profitable for a whole 7 quarters. Im wondering how long you think aws and the prime revenue will be able to cover Everything Else theyre spending on. Well, jeff besos is a very restless entrepreneur. He is willing to have failures and he is willing to have successes as he is having right now in the content area. Hes going to double down in video content. Its the area everybody is growing into. Its hugely competitive and very extensive and hell continue to use prime and other things to attract consumers and dominate the retail landscape which he does right now. Amazon is still spending a lot. Its interesting to me, in q3 theyre going to open up 18 Fulfillment Centers getting ready for the holiday quarter. Thats three tiles more than they opened last year but at the same time theyre projecting this operating profit and they also talked ab
Getting ready to report its earnings after the bell. Lets take a look at shares. Currently up by 1. 9 . 132. 73. That stock is up about 20 this year so far. Most of that however, was before it joined the dow just over five weeks ago. What can investors expect to hear . What will it do for the stock . Josh lipton is in cupertino, california. Mandy, as you mentioned, apples stock has moved sharply higher this year. But can ceo tim cook keep that momentum going . Well find out after the close today. Heres what the street wants to see. Analysts are looking for earnings per share of 216 2. 16 on revenue and 56 billion in revenue. Drilling into the different product segments analysts think apple shipped 57 million iphones. Apple is still the iphone company, the product representing more than 50 of the companys total sales. Analysts think apple shipped about 14 million ipads. That product has been a sort of disappointment to wall street. Well see if that trend continues. Analysts think apple