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And jubilant democrats celebrate their win, senators warren and schumer do a gleeful selfie. Thats the political state of play. Not good for the gop or the trump presidency. Another news development. The economy is expanding very nicely. Between april and june, we expanded at an annual rate of 2. 6 , way better than the 1. 3 gain in the first three months of the year. The obvious questions, how to react to the political mess, the economys improving performance and perhaps most importantly, amazo...

Of financial sanctions passed congress with overwhelming support. Moscow hason says ordered a reduction in the number of u. S. Implements in russia. Im Alisa Parenti in bloomberg. Bloomberg technology, continues. Emily im emily chang and this is bloomberg technology. Cash stashapple continues to grow after a strong Third Quarter that beat revenue. That is before the launch of its anticipated iphone. I talked to tim cook about the quarter and his thoughts, coming up. Plus, sprint continues its qu...

Of financial sanctions passed congress with overwhelming support. Moscow hason says ordered a reduction in the number of u. S. Implements in russia. Im Alisa Parenti in bloomberg. Bloomberg technology, continues. Emily im emily chang and this is bloomberg technology. Cash stashapple continues to grow after a strong Third Quarter that beat revenue. That is before the launch of its anticipated iphone. I talked to tim cook about the quarter and his thoughts, coming up. Plus, sprint continues its qu...

Sprint sounding out of b about a story here on fs munz last night, reaching out directly to me, of all people. What got him so riled up first, we start off with the big story on shares of tesla revving up following its Earnings Report weve got full Team Coverage gene is back with us out in detroit today getting ready to listen to the Conference Call in just about 30 minutes. Well check in with him. Phil is in chicago dig iging through the earn x report that just crosseded and phil, you had to re...

European markets you asked we answered. Theyre a mixed bag with the ftse up ever so slightly this morning. The ten year note yield did move around on friday and we do have it now at 227. Right around the same levels it cant get through it. Too much future selling and boy did that group collapse. It did. Lets talk more about that and other things including our road map which is going to start with stocks seeking new records. The dow is on track for its 10th straight at aly gain and plus, paging i...

Many of them sure seemed to have developed some pep in their step today. A day where the dow gained 26 points, ninth Straight Record high s p advanced 1. 6 , first record close since july 26. And the nasdaq climbed 0. 51 [ applause ] for the past couple of weeks, the dow jones average has captivated people throughout the country as it lunged through 22,000 level like it was childs play at the same time, the Growth Technology stocks, like f. A. N. G. , have been under pressure, with lot theorizin...

Still positive on stocks and short bonds. Tepper telling me of the markets, quote, any comparison to past overheated markets are ridiculous look at where multiples and rates were in 1999 im not saying stocks are screaming cheap, but youre nowhere near an overheated market, he said. Tepper calling his short of bonds a hedge, a trade that is not working now, but that hopefully will tepper citing strong Global Growth and low bond yields as two of the principle reasons he sees more opportunity ahead...

Is seems to be working. Oil and the energy sector. We have Oil Trading Slightly Higher up about 0. 4 after a bigger than expected drawdown for Oil Inventories and a small build from that oil reacting favorably up for the first time in three days or it three days. The s p 500 not so much. Down five days in a row. Streak. Losing perhaps helping energy stocks. And look at some of the Industrial Metals. Big gains for copper, zinc, nickel. Dollar, just about flat, giving up some gains. We have pretty...

Walmart is down on earnings and well dig through that report and talk about the Amazon Effect and shares on alibaba spiking on earnings first up though, the watch is on to see what effect this could have on the trump agenda a few of the quotes jamie dimon i strongly agree with the president s statements must speak against ideas that divide us. Im ashamed of our president s behavior what does this all mean for the agenda and the degree to which business was going to help push it no republican tha...

Or inexplicable sudden selloffs, including nasty ones like today, where the dow lost 274 points, second worst day of the year for the two averages, and nasdaq third worst lets tick off the possible reasons why we might have gotten slammed today so you can get a handle on whats happening and more importantly whats going to happen thats what matters. First, the most obvious reason has to do, yes, indeed, with our president. If you believe the huge rally in the stock market since the election has b...