Come up, excluse of ive insightm jamie dimon and ray dalio. Shares of uber, theyre sinking on continuing losses, more than a billion dollars in the Third Quarter. But the ceo predicts profitability within two years. And done everything right goings new chairman backing embattled ceo Dennis Muilenburg of the max crisis. Uber, shares falling stocks now 35 below the ipo price in may yesterday on closing bell, the ceo said he sees profitability as david said for the company in 2021 it was a very significant beat on the top line in terms of Revenue Growth accelerating and the bottom line. We increased our 2019 midpoint of our guidance and ebitda by 250 million. Ill tell you, while we havent finalized our planning, and it is going to take a lot of hard work from a lot of folks, were targeting 2021 for adjusted ebitda profitability full year sort of echoes of what lyft said last week street is mixed on this. I saw price target cuts and raises today. You got rbc saying that there is 1. 7 billi
Certain tariffs. Not just a trade deal, but actually removing some of the economi existing tariffs earnings continue to lead us higher just a bit. We have names like kroger and tapestry, the old coach beating expectations joining us for the entire hour is a man you know well, steven weiss from Short Hills Capital partners steven, good to see you down here at the New York Stock Exchange good to see you brian good to see us both heres the thing, earnings, trade, maybe just general positive market sentiment. One of those three or maybe something else, that has been the primary driver for what has been a nice little run we are up nine of the past eleven sessions on the s p 500 i think there are multiple drivers to the market. Trade being the most important and the most dominant. You can see the correlation. For those who say that trade is all in the market, thats clearly not true because when you get positive news coming out, the market ticks up when you get negative news, it goes down. So
Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This has been the thing we started watching so closely yesterday. You did see an inversion of the yield curve with the ten year yield challenging the 2 year yield. Right nowits slightly above the 2year as it should be at least. That inverted slightly yesterday late in the session. Right now 10year is yielding 1. 581 the two year is yielding 1. 561 . Were getting close on that again. That and maybe this as well investors suffering a bit of whiplash this morning as President Trump changed his messaging o
At a forum in the capital. At the academy of sciences, representatives of the Permanent Committee of the union states, experts from the scientific community, museums, archives and public associations. But despite the aggressive rhetoric of the collective west, in these difficult conditions, the peoples of belarus and russia, as always , stand shoulder to shoulder. Together they defend the right to independent development, sovereignty, and a safe future for citizens. The specialized sections focus on issues of historical education, approaches to covering the nazi genocide on the territory of belarus and russia, as well as the formation of spiritual and moral values among the new generation. For today its no secret that we are on the verge of a global redivision of the world, on the political map on the sociopolitical map, today they are trying to rewrite history, if in 2021 they do not accept. The United America and ukraine convention on the inadmissibility of the glorification of
Control theyve made some great progress the fire is burning out a palace guard and harvard streets pittsburg several of the buildings of understand are damaged according to the Contra Costa County there has been several explosions reported as well befallen this wreckings story drop this morning. Michelle apon temperatures are starting off on the especially if you are crossed the coast we have meant the upper 50s right now if you are in london there is no change in custody morning star and also to mid60s for the rest of the day lower 60s to start off this thursday morning it was the rest of the planner by 11 00 temperature is warm up for and won spots and to the lower 80s the mix of sun and clouds inland but if youre still want to be on the coast we will begin with most crowded skies some shots in december to woman up into the lower 90s. Michelle apon we have mid to upper 60s who want to show you what it looks like walking up to low clouds as of this morning and the temperatures are goi