Analyst Call News Today

On united. Lower after reported earnings. United losing 1. 8 billion in the third quarter. Thats not a surprise. Everyone knows what has been happening. The numbers were a wider loss than estimated revenue fell 78 , coming in shy of expectations at 2. 48 billion. The metric everybody is focused on is the daily cash burn. They were losing 50 million a day at the end of march. They brought it down to 40 million for a daily cash loss. Bring it down to 25 million in q three. Their core cash burn com...

Citis analyst call is getting underway. Jp morgan had their analyst call. Those stocks are now lower. Sonali basak has been on the call and joins us now. Why the rollover here . What has been the take away so far . Sonali we saw lower Loan Loss Provisions than initially expected, but at the same time, theres a lot of uncertainty ahead. Reserves releasing slowly because we dont know what the economy is going to look alike the future. Jamie dimon told media this morning that there could be conside...

Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff i...

To start in september. The s p 500 is therefore positive though not at a record. Were 59 minutes left to trade and we have two big exclusive interviews coming your way on todays show delta Ceo Ed Bastian will join us with the latest view from 30,000 feet on the state of the Airline Industry and his companys announcement today to keep middle seats blocked until at least the end of the year. Plus, well speak with marc short about stimulus negotiations or the lack thereof. China trade talks and the...

Have created a more cautious consumer billionaire tilman will tell us what that means for his business power lunch starts rite now. Wall street starting to trade like a tech stock hitting a record as it gets set to launch its competitor and gears up for a deal to by tiktok zoom up after 40 . Invest rs continue to pile into these momentum names more on the markets and high its hard out there, send it over to bob. Yesterday he sort of threw in the town he said theres no precedent to how high valua...

Many people. Tencent is one of the most active investors in the world. More than 450 investments under the companys umbrella and that is more than the number in softbanks universe and includes names like tesla, snap and epic. Thirdly, american businesses operating in china, like mcdonalds and starbucks, they rely on the wechat app for their operations so being cut off could jeopardize their business there. There are so many questions still outstanding but its really hard to understate the import...

Years. And lots to come on the show. Two big ceo interviews on the back of earnings in a few minutes well speck to the owner of Outback Steakhouse blooking brands and later the ceo of boston beer will join us that stock surging after the truly hard seltzer brand helped boost sales. Looking forward to both of those interviews were down. 6 lets get to the big stories were watching meg tirell has more on the signing. And mike san totoli is joining s meg, let aers start with youen that executive ord...

Are miles apart. We are focused on that potential record close on the s p 500. The number youre watching for is 3386. 15, a couple points off of it as we stand, sara. Hard to believe that we are here coming up on todays show. S p 500 could close at a record high for the First Time Since mid february were going to talk to wharton professor Jeremy Siegel about whether the rally can last from here. Plus counting down to a pair of key Earnings Results after the bell, lyft and cisco gearing up to rep...

There was tesla. After its broad earnings report, shares were up as much as 6 but end of the day down by 5 it seems like the momentum trade, the big cap tech trade got unwound a little bit today. Yeah. Is this another one of those rotation moments we had one in mid may and one in mid june maybe we have one here in late july if you think about the move in big cap tech, apple is down about 5. 5 against the s p in the last ten days. Across the board youve seen this essentially across the tech space...

Did as well in terms of market cap. You can really move if you give the market a beat. Romaine you saw apache rally fall by and conoco about the same amount. This split between Companies Still invested in shale and companies that have more offshore resources. Taylor i still think we should have bought oil at 30 per barrel and stored it in your swimming pool. Romaine right next to the gold. We are waiting for a lot of earnings today. Apple, amazon, facebook, shake shack, yum brands. One of the bu...