Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thank you for joining us. The Trump Administration is offering europe a message of reassurance. Attending an annual security conference in munich, germany, today, Vice President mike pence said the u. S. Has an unwavering commitment to the 27 other nations who form the postworld war ii Nato Alliance whose motto is, an attack on one is an attack on all. We will stand with europe today, and every day, because we are bound together by the same noble ideals freedom, democracy, justice, and the rule of law. Sreenivasan but pence bluntly told allies theyre falling short of nato guidelines to spend an amount equal to 2 of their Gross Domestic Product on their military. In fact, according t
Meg terrell is here with a special report. One of the widely held stocks in america hitting all time highs. Microsoft surging on a big earnings beat. Last time it was at these levels was december 30th of 1999. Guy adami was just 15 years old. What does it mean for the rest of big tech earnings . Dan nathan, what do you say . I think this is pretty microsoft specific. We got guidance from microsoft for q4. We know they had a solid q3. Microsofts cpcbusiness was down, the other stuff is making up for it. They have two hats, they have the cloud business, which is private and public, and thats growing. The aws piece, azure, excuse me, grew 140 . Thats what they want to see. We were all just talking about it. You own the stock, this is one of the reasons you think its going to be a 100 billion market. These guys are well positioned behind amazon. Its hard to argue with the growth youre getting out of azure and office 365. These guys can now say weve transitioned the company from the dwindl
There you have it again, green arrows pretty much everywhere. The whole world is happy. Except for short sellers. And were watching crude prices this morning. Yesterday iraqs oil minister said the country should be exempt from joining opecs Production Cut embroiled in a war with islamic militants. Opec is planning to reduce production targets at the november meeting. Wti is lower by 5 cents but still at 50. 80. And scottrade is being acquired for 4 billion from ameritrade. Some competitor of scottrade said, why deal with us . We have a helicopter. No one really understood what was the because its successful. It trades more quickly to where they need to go by helicopter. It happens over the internet. So its confidence . A little bit of confidence. Interest rates are zero. Im confident, ill borrow money, too. A little confidence. People think the economy is a little better than we think. I dont think thats it. Well talk to the ceos at 7 00. For the media mega merger monday. I would argue
In an 86 billion merger. Its one of the biggest of alltime. The deal would put together the nations secondlargest wireless carrier, a corporate descendent of the great ma bell with one of the most prominent Media Companies of them all. Time warner. Which traces its roots literally invented the news magazine and introduced the First Talking picture. We told you friday the deal was close and this weekend it became official. The combination creates a Massive Media and distribution company. The ceos predictably think its the next big thing. An irresistible force, combining content, innovation, speed and mobility. The world of distribution and content is converging, and we need to move fast, and if we want to do something truly unique, begin to cure rate content differently, begin to format content differently for these mobile environments, this is all about mobility. We realize that if we had ourselves together that we could create more innovations for consumers so they could have more cho
In an 86 billion merger. Its one of the biggest of alltime. The deal would put together the nations secondlargest wireless carrier, a corporate descendent of the great ma bell with one of the most prominent Media Companies of them all. Time warner. Which traces its roots literally invented the news magazine and introduced the First Talking picture. We told you friday the deal was close and this weekend it became official. The combination creates a Massive Media and distribution company. The ceos predictably think its the next big thing. An irresistible force, combining content, innovation, speed and mobility. The world of distribution and content is converging, and we need to move fast, and if we want to do something truly unique, begin to cure rate content differently, begin to format content differently for these mobile environments, this is all about mobility. We realize that if we had ourselves together that we could create more innovations for consumers so they could have more cho