Facebook reported amazing number last time. Amazon gave you an amazing upside surprise and it got steam rolled it was hideous nonenonetheless, and i know that. There is the right way to look at it or the wrong way we dont look at the action and we are back to form an opinion about the quarter. Thats the wrong way the right way when a Company Reports great number and the stock gets slammed, you look at the set up often because of an event like say an impending election. I am expecting massive confusion. One of the most confusing weeks of my career unless the results are blow out this day, we may not know who won plus with mail ballots nobody wants to unstock a bowl of confusion why not sell everything on monday for starters, you are too late what the heck did you think was happening. More importantly you are not nimble enough to get back in after you gotten out look at our quality stock selling off right now. You definitely want to get back in take amazon and facebook with unbelievely g
And i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Five years ago, entrepreneur mark biren started wick[ed], a candlemaking company out of burbank, california. Along with his wife sam, mark has been able to get his candles into wellknown retailers such as Urban Outfitters and l. A. Celebrity hotspot kitson. Mark this one is definitely paid. Sam how do we know its paid . Mark call them. Sam okay. Lemonis but despite its initial success, wick[ed] has experienced a slump in sales and is struggling to keep its doors open. Mark doesnt look like urbans going to be reordering our predripped this season. [ sam groans ] lemonis the candlemaking industry is very competitive, and id never given it serious tho
Treasury yields rise as u. S. Jobless claims drop. Is creaking aine milelong allegations of cheating. Saudi arabia moves forward with a volatile deal. David david and amidst those headlines, we are just getting a kind reminder was, i dont know if it is early, 50 right now, but it has been a relatively good week, even considering the pullback we had. Gold, 1721. Lets put it this way. A moderately soft start to the session, a third of 1 . , give ores trading take, a 10th of 1 . Jobless claims were below 2 million. We are looking ahead to the jobs report later today, 19 Unemployment Rate is what we are expecting. Have a look at the currency markets with the dollar, the weakness in the dollar up about 12, 18 hours back has really been your top theme as well. Strengthe seeing some coming through a lot of these asian assets. Have a look at where we are on euro. 90. Ling back up about we are up eight days on the euro until right now. The ecb outlook increasing the that roughlyending until abo
United states that can be used in the countrys fight against the new coronavirus products that qualify include patient monitors and blood transfusion equipment the u. S. And china have been engaged in a bruising trade conflict for around 2 years the 2 countries reached a partial trade deal last month. Beijing agreed to buy an additional 200000000000. 00 worth of u. S. Products. And apple has come out as one of the 1st companies to speak about the Financial Impact of the corona Virus Outbreak the u. S. Tech company. Revenues are likely to fall in the 1st quarter of 2020 due to the disruption caused by the virus china accounted for around 50 percent of apples revenue in the last quarter but the virus has dramatically appended business of the factories are closed or operating at reduced capacity supply chains have also been destroyed. For more on this lets bring in conrad who is in our financial correspondent in frankfurt conrad and all this coming at a time when the share price of apple
A test case for german competitiveness. Im chris cuomo in berlin good to have you with us apple has come out as one of the 1st companies to speak about the Financial Impact of the corona Virus Outbreak the u. S. Tech company warned that revenues are likely to fall in the 1st quarter of this year due to the disruption china is a key market for apple but the warning comes at a time when its revenue is there already beginning to lag shopping malls and Stores Closed across the country city streets empty as millions remain confined to their homes factories shows are reopening at a snails pace none of this is good news for apple the worlds most valuable tech Company Makes i phones of various sites across china and also sells millions of them at stores around the country. The profit warning underlines just how serious the coronaVirus Outbreak is for a business like apple which is heavily reliant on its supply chains in china as well as its Strong Customer base there apple had already been fac