Its stillness estimates. The Sales Forecast came up short as well. They were planning on selling a lot. Sales of the new apple watch were less than what analysts had estimated. Ceo tim cook says the company is pleased. Tim cook sales of the watch exceeded our expectation despite supply still trailing demand at the end of the quarter. To give you additional insight through the end of the quarter the apple one sold higher than the comparable launch times of the original iphone or the original ipad. 73 of old iphone users have not upgraded to the latest device. Plus, more than double, more than apple coming up in a few moments. Olivia boeings cash flow is surging thanks to the 787. Earnings beat analyst estimates. They lowered their forecast for the year. Also out beating earnings estimates. Increasing prices and cutting expenses. It is a nice combo. The price hikes helped offset falling sales in the u. S. And stagnant demand overseas. At ts proposed takeover of directv has cleared a hurd
Struggle overall in the market. Opec finally cut production, this has been two years coming. Why does that matter . Inflation expectations. On redeker laying it out and Morgan Stanley today saying you get more shale investment in the u. S. And that is why this decision matters. David particularly if the deal holds. If they actually do it. Alix if optimism moves the prices that will move Inflation Expectations. My interview with james morgan, Morgan Stanleys ceo ways in on the trouble at Deutsche Bank. We will be discussing geopolitical problems potentially weighing on the market. We have an interview with jack lew. Jonathan is standing by. We see a monster rally in Energy Stocks but futures are negative. Jonathan it is a strong bid for european equities. The ftse 100 up by one percentage point. The dax pushing higher by 7 10 of 1 . The risk on feel in the fx market with a weaker japanese trade. 1 is how we this commodity market is absolutely fascinating. A market, yes. A collision, a c
In the last 45 days, we are back in the green, at least for two, if not three of our major indices. The s p 500, in the green. We will call that flat. The nasdaq has not been able to get out of the hole it dug itself into. Some earnings weighing on some of these indices. , microsoft, cat missing estimates. I want to show you the General Health of the s ps 10 sectors. One of the big reasons for the rise in equities is because of energy. Part, hasr the most been up for the entire day up 1. 2 here the biggest leader in the s p in terms of sectors. Financials are up a little bit more than 1 . On the flipside, Information Technology has been and continues to be the biggest laggards, down 1. 8 , in part, of course, because we have been talking about earlier, apple is in a bear market. We stay with technology. Microsoft down 7 . It did miss estimates coming out after the bell yesterday. Gartner, for example, saying there is a contraction in the market. 9. 6 in terms of pc sales. Alphabet also
And new rules on inversion do not appear to be interfering with pfizer. It is working on an acquisition that could allow to move overseas. Pfizer has been holding talks in ireland. And share the world megascotland u. S. A city or he began trading today. Citizens Financial Group raise to 3 billion in an ipo. Range the shares are priced below the marketed range. And president obama embracing the role as world leader from islamic militants to Climate Change here in the u. S. By chief were joined washington correspondent peter cook in washington. Ter, on the agenda is highlights. He will speak in front of the uns General Assembly, that message according to a white house official. Talking about a broad vision of u. S. Leadership, specifically how all of these major challenges in the world, whether it is the situation with the Islamic States, ebola, the crisis in ukraine, Climate Change, all of these issues are requiring u. S. Leadership. He will make the case the u. S. Is stepping up and th
Keep an eye out for signals this week from Federal Reserve officials as to whether Friday’s disappointing jobs report will slow the timing for when the central bank will begin to pull back its historic support for the economy.