Page 66 - Halftime Report News Today

Expect later on this afternoon including that 15 top rate for corporation, but also for past throughs. Thats an important point were going to watch how that plays out. Also, a top individual tax rate between 33 and 39 . Thats a key one to watch for then a revenue place holder that could turn into is a border tax. Thats interesting because theyre not going to say what the revenue raisers will be. Just going to have a place holder in there. Then also an expanded personal exception or child care cr...

Microsoft. They are all reporting their earnings after the bell today. Joe, if you had to pick one name that could be the more important one, the market mover of those three, could you identify one . Now the market mover . Amazon and google have been the market mover all year. Is it the donkey driving the market cart . For someone like myself and many out there right now, youre hoping for an earnings miss so you finally get the whoa, youre hoping for an earnings miss . Yes. Why . Because you wan...

Hitting record highs on their quarterly results. Amazon says sales in Web Services Division up 43 year on year. Microsoft says that they grew in the same period and alphabet beat consensus. Despite backlash from advertisers on controversial content on youtube in recent weeks. Guys, this is like a feast of information that we got in the past 18 hours. Overarching narratives or lessons were seeing right now . Overarching narrative is that the economy is headed into where these companies are both t...

Look at Consumer Technology space, youre talking b about amazon, which is over 2 waiting in the s p 500. The next closest company to them is less than 1 , so, a money manager, you have to own amazon. The same thing for google, which is close to 3 , only apple dwarf that, close to 4 . So these are must owns for Money Managers. As far as for the retail investor, okay, theres nothing about these quarterly reports that would encourage you to excel, except if you said its rich on evaluation basis. We...

Consumer spending. Gets you over 3 . Probably not. I would take the under on that. Very interesting comments from the former fed chair. He was great and listen, he deserves a tremendous amount of credit for what he did for this economy. The recovery was called the obama recovery i believe he had the large hand, but hes 100 right. Getting to 3 is going to be difficult because the driver of gdp in this country now is software. Is services. It is the Technology Component and that is incredibly diff...

Banks, although they since recovered from the losses, and are now one of the best performing groups. Coming up, whether a bank breakup is good for the industry, the economy, investors, joined by independent Community Bankers of america ceo, cam fine, and the former ceo of wells fargo. Caterpillar up 10 over the last month and could rally another 20 from here. Coming up, debating whether you should be buying this dow component or selling it right now. But we begin with the old adage as you mentio...

Sara eisen, jon fortt at microsofts edu event in midtown, manhattan. First up this morning, apple is going to have earnings after the close tonight. Stock hits another record high, its cash hoard could swell to a quarter of a trillion dollars. Josh lipton joins us from apple hq in cupertino with all the details. Hey, josh. Well, carl, apple stock surged more than 60 from its low last may. So can tim cook keep those bulls in charge . After the close today, the street expects apple to report eps o...

A lot of viewers enjoying the Reggie Jackson photo bomb here with bob. Thank you very much. With all of that, lets get over to the judge and the half. Welcome to the Halftime Report. Im scott walker. The nasdaqs moment of truth. Over the next 48 hours, with two major events could very well determine where that record setting index goes from here. Key earnings from apple and facebook, will they be good enough to keep tech flying high . With us for the hour today, joe turnover, stephanie link, jos...

Because i think you have a free pass. Unless you have something y absolutely rouse in the next quarter, everybodys looking forward to the launch in september. So why not . Its one o f the safest stocks out there. I think the especially thuz y enthusiasm is going to continue to build. To petes poind. Yeah, pete. That strong. It was okay. It was fine. Almost everybody on this desk other than rich is either buying more today or thinking about buying more. But its also within the context that im not...

Good thursday morning. Joining us this morning, Henry Blodget and eric sheridan. We will talk tech and media. Right now, the house is in the early rounds of a vote on a bill that would repeal and replace the majority of obamacare. Republican leadership sounding confident they have enough votes to pass the measure. The house is holding procedural votes related to the Health Care Bill after wrapping up their morning conference. Here is what Republican Leadership said after the meeting ended. We ca...