Would it be a mistake right now . And we do expect big news from tesla during power lunch. It could move the stock. Mandy is off today but were happy to have melissa lee join us from the nasdaq. Well get down to her in just a moment. We begin with the big story on the American Housing market. Some really bullish new data but how bullish are they really . Diana olick in washington with the startling numbers. Di . Reporter well, tyler, its bullish depending on your take. Home construction took a big leap in june up nearly 10 from may but it was all driven by the multifamily apartment side. Renter nation rocks on. Singlefamily Housing Starts were down just under 1 in june from may, up 10 from a year ago but thats not really saying much given where we were a year ago. Multifamily is where the party is at. Starts up nearly 29 for the month, up 55 from a year ago. Thats where the good news is because weve been talking so much about skyhigh rents. More supply should help to ease that burden f
Trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that knocked revenue down 1. 1 billion. It would have been 1. 1 billion higher. That combined with expense discipline sent the stock a lot higher after hours. Guys back to you. John thank you. Upbeat earnings and progress in greece helped send the nasdaq composite to a new high. By the close the Dow Jones Industrial average was 70 points higher to finish at 18,120. Nasdaq was 64 point higher. At that new
Earnings of 6. 99 a share trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that knocked revenue down 1. 1 billion. It would have been 1. 1 billion higher. That combined with expense discipline sent the stock a lot higher after hours. Guys back to you. John thank you. Upbeat earnings and progress in greece helped send the nasdaq composite to a new high. By the close the Dow Jones Industrial average was 70 points higher to finish at 18,120. Nasdaq was 64
Earnings of 6. 99 a share trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that knocked revenue down 1. 1 billion. It would have been 1. 1 billion higher. That combined with expense discipline sent the stock a lot higher after hours. Guys back to you. John thank you. Upbeat earnings and progress in greece helped send the nasdaq composite to a new high. By the close the Dow Jones Industrial average was 70 points higher to finish at 18,120. Nasdaq was 64
Values. When one thinks about the culture that the shared values that hold twitter together, that make it what it is, i would imagine that when you are making a decision about how aggressively to pursue an issue like that, it does come back to very fundamental values. So can you talk a little bit about how that particular decision about transparency connects to the values of the firm . At the end of the day some of this is not all that complicated. We end up running the company in more or less some kind of golden rule type of way which is as we conceive of and implement these policies, what we as users want to exist in a product that has these policies. And by and large thats what were rying to do. Fortheres an environment surrounding us that is unfavorable we try to go about and change those things. Now i would say some of these types of decisions, including the decision to sue our own oe government are internally pretty uncontroversial because i would say as a leader shship [ muted t