News drop . Plus a big call in the financial space just aheard of earnings and were holding the investment committees feet to the fire with the Quarterly Report the Halftime Report with scott wapner begins right now. Welcome, good to have you with us on this tuesday. Joe terranova, steve white, jon najarian, and richard sapperstein is here, high towerer ceo. Shares of apple on the move today, down 16 from its alltime high. Doc, your biggest stock position, people say whats going to get stocks to break out of this range, were finally starting to move that next leg higher apple hitting that new high wouldnt hurt. It wouldnt hurt. As they basically cross the billion sales number as far as units out there in the field, scott, a billion handheads out there, thats huge for apple in terms of the Services Revenue that pete is always harping about. The issue for me is also that a lot of the services theyre selling now are bigger services, recurring revenue, for instance, from like the cloud and
On this weeks show moment by moment whats happening in the gulf threatens Global Economic shock and possibly war well update the situation in iran and about the controversial arms sale of a saudi arabia and fort trump in poland holland cook in washington this is the big picture on our to america. The United States department of justice is asking the United Kingdom to extradite wiki leaks founder Julian Assange in april assad was arrested at the Ecuadorian Embassy in london where he had been holed up nearly so. 7 years formal hearings are underway in london as we tape this weeks show on friday afternoon eastern time whats the latest lets ask chris hedges veteran correspondent host of on contact here on our t. V. And author of a stack of books including america the farewell tour chris joins us from london so there may be a slight delay when he and i talk chris welcome to the big picture assignats recently mystic Court Session apparently due to Health Issues and it was just a video appear
Today. Were going to preview whether targets results will hit that bulls eye. And later on the show, the Company Still trying to get workers back to the office and a looming reset of billions of dollars in commercial real estate loans, a health check on the sector from one of the biggest players in that market it is wednesday, august 16th, 2023 youre watching Worldwide Exchange right here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start the day. Breaking Economic News at this hour the latest snapshot on the state of the eurozone with Second Quarter flash gdp. Our london newsroom has the numbers. Good morning good morning, frank yes, so the numbers have just been hitting the wire now. This is the second estimate for the Second Quarter gdp coming in at 0. 3 quarter on quarter, in line with the initial estimates. No real surprise there annualized basis, were looking at 0. 6 year on year this tells you the eurozone economy did actually show
Im melissa lee. On the desk tonight, tim seymour, steve grasso, guy adami, and lori calvasina. Shares of dollar tree plunging more than 14 after posting misses on the top and bottom lines this morning. Shares, which had been on a steady climb since october, seeing their biggest drop in nearly two years, erasing all the gains for 2023. Meantime, Williams Sonoma stock cooking up an alltime high today. The highend home goods retailer beating earnings estimates, upping its stock buyback plans by a billion dollars and hiking under the circumstances dividend by 26 . In the last six months, Williams Sonoma posted virtually the same gains as redhot nvidia. So, does todays action emphasize just howdivergent the high end and low end consumers are . This is a theme certainly that weve been hitting on for months and months, but this really seems to underscore that, guy. One thing for us to say, its another thing to see two stocks on the same day perform the way they did. Tim has discussed wsm for
Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead i am jack otter. Growing concerns about evaluations as a. I. Driven tech stocks lead the market to new heights. Is that another bubble the dean of evaluation is here with his insights. Highflying stocks could experience a pullback in the near future following the markets huge rally should you buy the dip in later trouble for tesla the ev maker could be taken a backseat as competition ramps up, on the barrons roundtable ben levisohn, andrew bary and Elizabeth Obrien we will talk about three things investors should be thinking about right now. Lets start with the jobs report, William Blair called it a ruhr set, whatever you think the market is doing right now you can see it in that report. The headline number was hot 275,000 jobs was supposed to be closer to 200,000 but if you look deeper in the report there was a lot of revisions over to january and february which made it much closer