Page 10 - Development Platform News Today

Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt ...

Adding 151,000 in the month of august. Steve is back at headquaters and the market seems to be taking it in stride. More than in stride. Theyre in strut maybe. They like this number. They like the idea that it could put the fed on hold but eight piers the august jobs report may not have been good enough according to the market for september hike but may have been good enough for the fed to act in september. Sarah asked about this in the last hour. And i want to come one the data i promised you g...

But did it from computers that had tiny market share. The iphone is the trail blazers in smartphones and touch screen devices. Currently there are two ways to get information off this device, the screen and the headphone port. The lightning connector, too. You take one of those and youve dramatically reduced the number of ways you can interact with the device, a square reader, microphone, any number of devices. Will they end up being right in the long term . Maybe. But big deal. I just dont get ...

Energy came out with its inventory report supporting what we heard from the api last night. If not even a little bit more drastic. A draw down in cruel Oil Inventories 14. 5 million barrels. The api number of 12. 1 was the highest draw down in more than 30 years. This is very significant. Theres some speculation in the marketplace that hermine caused supply reductions and this could be a one off this week but theres another side to this story that could be that were starting to work through some...

Isaac of the New York Times. In less than one hour, google is set to kick off its hardware event where they are expected to unveil a new line of hardware including phones, vr devices, according to the information they poached, amazon executive who once led kindle hardware, expected to lead googles new branded line of smart phones. Dan, what is going on between this, snapchat, who knows how else, Software Providers deciding they need to have an actual device . Its a little bit of apple envy, righ...

Moves. A summer a very small moves, we have resumed normalcy once again. You are looking at some sizable moves in the s p. Oliver its a good reminder that normalcy is volatility. That is kind of the way it supposed to be. This board might be a positive. We have been looking for interest stock relations to break down. At the moment, this is pain indeed. Were looking at the dow jones. Everything from the biggest stocks to the smallest, everything is in the red. Its in the red by quite a bit. Small...

Behind Hillary Clinton holding a fundraiser. Josh lipton is in loews all to. Reporter tim cook is hosting this fundraiser on his own accord. Cook will be joined by lisa jackson, she, of course, is apples vp of environment policy and social initiatives. For these two executives its really a way to passaic sure they have a friend in the white house if Hillary Clinton does win in november. If they can host a fundraiser that is a great way to ingrtiate themselves with a future party leader and to en...

Higher welcome to squawk alley. Im carl quintanilla. Jon fortt and Kayla Tausche at post 9. Mike santoli is here along with confides president and cofounder john broad. Good morning to all of you. Our top story is apple moving higher again today, the top gainer on the dow. Stocks the number one winner on the dow this week, up 6 . Its been a big few days for tim cook and company, rolling out the latest ios yesterday. Sprint and tmobile reporting historic preorders for the iphone which hits store ...

Good thursday morning. Business insider ceo henry blodget. Good to see you. Great to be here. A rally on our hands. The dow and the s p wiping out their losses for september. The industrials are leading the s p. Once again, henry, were at a stage where the fed acts, people who doubted their resolve get faked out, and a rush to buy again. Great to see a successful ipo. Always more fun when stocks are going up. I think from a high level as weve talked about in the last couple years, valuations are...

Have left its promise unfulfilled . For the next hour, youll find out on the africa opportunity. In africa, the optimism is infectious. The Natural Resources seem limitless. The population is young, growing, and educated. Yet today, the africa rising narrative is in doubt. Squeezed and Foreign Investors are pulling back. Is there a bull case to be made for africa . That is one of the questions we sought to answer in cape town. President ald caprica, of the African Development bank and now advise...