Also, a new apple tv and ipad pro plus, that apple pencil. A few of the announcements coming out. Well take you there live with the details coming up. Fitbit is on fire these days, up 7 this week. We have the analyst that says that stock is going to 50 a share. Plus, new details on the wall street heavy weight who went to meet with the Chinese Government. More on that story coming up. Thats very interesting. Lets start with the latest from apples event. Im sure hes having to keep talking to us while its going on inside there. Give us a quick recap of what weve whats been unveiled today from apple here, john. Well, you caught me at a good time. Theyre wrapping it up. Ive got more detail than ive had up until this point. And key details on pricing. How does apple talk about pricing in a world where so many carriers are moving away from subsidies . Well, the same way. They will be priced the same as previous generations. The 6 and 6 plus are going to be 100 cheaper, and the 5s will stick
To unveil a new short position he has never spoken about publicly. This puts him up against some other powerful Hedge Fund Players and thats just the way he hikes it. The news makers will keep coming. Tomorrow dont miss the exclusive hour long conversation with david tepper. You may remember the market call that lead to the tepper rally in september 2010. Well find out what september surprise he could have up his sleeve for investors now. Of course good timing on this. The fed ready to act again next week and then on friday we have bill ackman stopping by with his best bets for the next 20 years. First though before we get to todays news lets get to more of the news of the morning. Our top story this morning is the markets. Joe mentioned japan, check this out. The nikkei surging to close higher by 7. 7 . The comments from Prime Minister abe who told a meeting of investors he would seek to lower the Corporate Tax rate by 3. 3 Percentage Points next financial year. The rest of asia closi
Entertainment, personal drama still dominate the debate, not issues. Were on it. Markets are down again when trading starts. Chinas top guy says there will be no hard landing. Investors do not seem to believe him. Apapproximately tries for big splash. New iphone, bigger ipad. Investors not buying the hype. Was tim cook really trying to juice up christmas sales . Maybe the payoff comes later. There is al qaeda. It has a hit list of business personality, bill gates, warren buffett, koch brothers, bloomberg. Varney company is about to begin. The. Stuart lets start with the markets. Right from the getgo this thursday morning well be down about 60, 70 points. 16,000, is the that bottom . Good question. Ashley is here. We ask that question every day. Stuart we do, dont we . Is it the bottom . One of these days it will be. Stuart let me show you apple. Here is how it will open up this morning. Around, virtually unchanged from yesterdays close. They have a whole new of new products. We will ta
Britt with us. All right, guys. Varney company is about to begin. Looks like the market is up to a real solid start. Dow futures up 190 points. Weve also got to take a look at apple, the stock of the day. Are they going to wow us. Bigger iphones, large tablets and then apple tv. We will ask brad larsen about that in just a minute. Take a look at oil holding steady. Broad support is good news. Regular gas down again with 2 her dh sends and its down 23 days in a row. A new number been an emotional when, this time feeding her older sister, an electric night. Serena taking the match in three sets. She is two wins away from the grand slam. That is when in all four major tournaments in the same calendar year has not been done and 27 years ago. Another triple digit rally for the market here. China, japan, i say they are manipulating markets in a good way. China says if you hold stocks and dont pay taxes on Dividend Income in a female cut Corporate Tax rates. Those are the manipulations i can
San francisco. We will go 94 again today. Starting off very warm on some of these lows. 60s at least some of the nights are warmer. When you get an offshore direction, that tells us for most today its e89 of the forecast it will 99 of the forecast it will be a hot one. Hurricane linda playing into our forecast by the weekend. Ill have more of that coming up in ten minutes. But its sunny and hot. 90s to near 100s for many inland. All right sal what do you have for us . You know most people in San Francisco, oakland, and pacifica they dont have air conditioning. Im wondering if there has been a run on those air conditioners at home supply stores. Oar big fan or big fans. Yes. The traffic is doing well. The traffic actually works very nicely at this time of the day because you know people generally are not out just yet. So you have a little bit of time. Another half hour. Another 45 minutes or so is before things start getting really bad barring any accidents. Lets move along to the toll