Good tuesday morning, welcome to squawk alley, im Carl Quintanilla with Kayla Tausche here at post 9 of the new york stock exchange. John fortts on assignment upstairs and is going to join us in just a moment big hour today on squawk alley, as we said, an exclusive with oracle ceo mark hurd. Well get his take on ge, amazon, and a lot more well talk with House Majority leader Kevin Mccarthy later, that is a first on cnbc interview, and Roger Mcnamee sounding the alarm over facebook and google, calling them a Public Health crisis first up, shares of ge down another 6 today, down more than 42 of the year. John flannery joined us exclusively on squawk on the street this morning and made the case where he can turn things around. If you go back and look, this is very, very similar to what i experienced in health care i walked in, looked, this is fundamentally a very Good Business and theres some basic things around operating rigor, Capital Allocation that make a difference im feeling very mu
This is bloomberg surveillance. Francine lacqua in london. They are leaving their key rate unchanged at 0. 5 . This is also interesting because they believe the forecast is little changed since march. We are keeping an eye on this. We were expecting a little bit of news. Nina region the more krone lower. We will ask him about veterinary chart. It is currently at 9404. You can see yen climbing once again. Goal climbing because we are seeing oil. It is the second day that oil is languishing in the bear market. Gene keady can see the stoxx 600 down 0. 4 . Now, the chief Investment Officer and partner at London Capital group. Theme kick off with the on norwegian krone there was some concern that the precipitous drop in oil prices, the fact that norwegian inflation is well below their target, could potentially make some more cautious in their outlook. The headlines are suggesting they cant their outlook little changed. There were some in the market betting on more dovish outcomes. These are
Are closing, and we have some direction, unlike yesterday. Bithe dow was a little lower, now it is a little bit higher. All three in the green at the moment, with Technology Leading the game at. 5 . We are still seeing low volatility, well, not still, but the return of low volatility after it reared its head, particularly in technology. It has gotten call once again. Take a look at the mix. We are seeing a 6 drop fix vix. And a seeing a 6 drop, drop in some of the performers in s p 500 today. Bed, bath, and beyond touching his lowest level in five years, and one guggenheim analyst says it was the worst quarterly operating performance in recent history. The share is down 12. 5 . Cisco, the Food Distribution , the food sysco Distribution Company sliding. Is there anything at this point amazon is not getting into . Cisco down 5 and whirlpool is down as well after it revealed one of the companys refrigerators appeared to have deadly tower fire in london. Whirlpool iseath continuing to inve
Are closing, and we have some direction, unlike yesterday. Bithe dow was a little lower, now it is a little bit higher. All three in the green at the moment, with Technology Leading the game at. 5 . We are still seeing low volatility, well, not still, but the return of low volatility after it reared its head, particularly in technology. It has gotten call once again. Take a look at the mix. We are seeing a 6 drop fix vix. And a seeing a 6 drop, drop in some of the performers in s p 500 today. Bed, bath, and beyond touching his lowest level in five years, and one guggenheim analyst says it was the worst quarterly operating performance in recent history. The share is down 12. 5 . Cisco, the Food Distribution , the food sysco Distribution Company sliding. Is there anything at this point amazon is not getting into . Cisco down 5 and whirlpool is down as well after it revealed one of the companys refrigerators appeared to have deadly tower fire in london. Whirlpool iseath continuing to inve
Are closing, and we have some direction, unlike yesterday. Bithe dow was a little lower, now it is a little bit higher. All three in the green at the moment, with Technology Leading the game at. 5 . We are still seeing low volatility, well, not still, but the return of low volatility after it reared its head, particularly in technology. It has gotten call once again. Take a look at the mix. We are seeing a 6 drop fix vix. And a seeing a 6 drop, drop in some of the performers in s p 500 today. Bed, bath, and beyond touching his lowest level in five years, and one guggenheim analyst says it was the worst quarterly operating performance in recent history. The share is down 12. 5 . Cisco, the Food Distribution , the food sysco Distribution Company sliding. Is there anything at this point amazon is not getting into . Cisco down 5 and whirlpool is down as well after it revealed one of the companys refrigerators appeared to have deadly tower fire in london. Whirlpool iseath continuing to inve