Bigger bonuses at his office. But there is a catch. Well tell you what it is. Its a great story. A new battle between apple and google and this time google is beating on the latest back to school shipments and the impact its having on the tech giants and their laptop offerings. First lets have reaction to the feds minutes that were released about an hour ago. There, weve done it. No, lets have bob posani tell us about it. Hes tracking the movement on the floor. Not much different, right . The headlines look pretty normal, the case for rate hike as strengthened. That was the headline. The fed risked credibility by not acting, she said that before, so it all sounds fairly hawkish but the market did not react much, even though most people, 70 or so of traders believe the odds of a rate hike are 70 going into december. Mr. Dudley said i think we can be quite gentle as we go in terms of gradually removing Monetary Policy accommodation. In other words, the glide path is going to be very shal
In the u. S. They were expecting 300,000. So 370 was 20 more. But last year in the same quarter they added 900,000 or 800,000. So wall street journal is making certain points. And then to almost double the bottom line when youre at hundred times earnings thats good but is it still pennies. What was the actual number . Pennies per share. Still pennies per share. Im sort of surprised the international, do they have the content around the world that people will pay for. They havent spent a huge amount of money yet on True International programming in the new languages and what it means is actually that american programming or u. S. Programming with ghienglish is working. They have a benny hill type show ready to go or monti python. Do they know the cultural . What youre finding is narco is working in a lot of places. Its working here and in south america and parts of europe. Its working. What does a billion dollars more spent on content mean in the number of shows and how many, how much n
Nasdaq climbing. 85 . Led by netflix and dominos, both of which exploded after monster earnings. We have to ask ourselves, is there something going on here rather than just random companies doing well. What is netflix . But a company who offers you competitive inhome Entertainment Experience who many feel trumps going it a movie theater. Netflix produces long firm movies and shows you need to binge to get the full story. You binge at home. What is dominos . But the ultimate eat at Home Experience where you dont even have to call them. You can go online using their amazing website and order a pizza your way without ever having to talk to another human being. Something that the millennials absolutely love. Hallelujah because there is nothing they hate more except talking to their parents. You can go to the apple watch, no cash necessary. Lets order. What can we help you with . Dominos pizza, no cheese. These companies changed our habits and most importantly they have become essential to
The action begins right now. Lets get right to it. Because we are heading into the busiest week for earnings with mega cap stocks like alphabet, apple and amazon all set to report. So what should traders expect . What will it mean for the rally . Lets get in the money right now. Dan, what do you say . Well, listen. I think microsoft kind of set the stage for some things that were going to see over the next couple weeks. Fastgrowth businesses like a public cloud business, are going to continue to do well. Continue to grow fast. But legacy businesses and we saw this from microsoft and intel, continue to do poorly. And then the other really important point is that enterprise spending, businesses, is not particularly robust right now. So i think that, you know i think i said this last week on the program. I think the stuff thats been growing the facebooks, the amazon, the stuff that i cant get my arms around, and i cant tell you that you should be long these things, theyll probably continu
Proctor, utx, merck and more. Nikkei had a sixmonth high of a weaker yen. Oil inventories after the bell. Case schiller home prices up 5. 3. Out of road map begins with major blue chips reporting earnings from cat to gm, due paupt and visa. Under armour shares are down double digits, despite a betterthanexpected number. And the latest regulatory issues surrounding at ts merger with time warner. Netflixs Reed Hastings weighing in on the deal. First up, among the dow components out with results this morning, caterpillar beats on the bottom line, misses on revenue, cuts their fullyear guidance saying most of its end markets remaining challenged. And then proctors results are above consensus. Thursday on squawk on the street sara eisen will have an exclusive with p g Ceo David Taylor coming into the job. Says that this quarter marks what he called a good start for the fiscal year, jim. This is a remarkable morning because you see two Companies Like Procter Gamble and dupont putting up 3 or