Welcome to Worldwide Exchange. Im wilfred frost. Im seema mody. Happy friday. Happy to have you with us. The futures at this hour are pointing a little bit higher, up 42 points for the dow. 72 for the nasdaq. A a big jump in tech stocks. The s p 500 up some 9 points for the week as a whole, the nasdaq is 1 the s p is down 0. 6 the dow is up 0. 3 as we come into today it has been quite broad, if you look at some selling in the s p. 9 out of 11 sectors are down week to date telcos very much at the bottom of the pack, down 3. 3 a bunch of Big Tech Companies moving higher. Following earnings amazon, alphabet, microsoft and intel all firmly in the green, as you can see more on those numbers in just a moment that move in amazon, the stand out, up 7 . First big deal news hitting overnight. Cvs is in talks to buy aetna for 66 billion, making it the biggest healthcare deal ever Bertha Coombs is here with more. Whats behind this deal . This seems like the tail waging the dog, but the deal makes sense in an era where healthcare customers want Seamless Services that lower costs and provide better Value Service with a market cap of 7 billion looking to buy aetna this morning aetna has a market cap of 59 billion after it was reported they were talking for months this would value the deal at 66 billion, making this larger than anthems failed 54 billion bid for cigna and aetnas bid for humana merging the two companies would put the firm on closer footing with United Health for cvs, it strengthens its fight against amazon getting into the business. The merger would also complicate cvss new fiveyear deal with anthem announced last week to support its pbm. You mention they could have been talking for quite awhile in thinking what the catalyst is for them to move forward with the deal, you mentioned amazon potentially entering the pharmacy space is that a catalyst also the way President Trump has piped up havenrecently about sln Drug Companies is that it its more than just the landscape of competition you have United Health that has all these pieces together. They a formidable pbm that can offer you other things you have the competition between cvs and express scripts. Theres more focus on the middle men and what they do with regard to costs whether they drive them down or up for the insurers, you cant be a standalone insurer anymore. You have to offer more services. Because what people want is something where they say i know im getting a continuum of value. I was going to say, investors clearly like this deal what does it mean for consumers and us who buy drugs from cvs would mean potentially you would be able to get a situation where if you had a plan with anthem, you with already under the cvs pharmacy benefit network and you could get services as well they could turn some of those stores if you look down the line, the front of store, where theyre selling potato chips, things like that that are not doing as well, they could offer more services, more clinics, expand those clinics, have primary care really become more of an integrated Health System thank you very much for that. Aetna shares are flat today clariant and huntsman are calling off proposed 15 billio merger the two firms will not have to pay break up fee in earnings news, big moves from the Tech Companies amazon shares hitting an alltime high after the Company Reported much better than expected earnings on a record 34 increase in revenues its up 7 in the premarket. Alphabet beating the street on the top and bottom line. The companygetting a boost fro mobile ad revenues thats up 3 the Company Offering upbeat guidance thats up 4 intel raising its fullyear guidance on Strong Performance by its data center business. Its up 2 lets bring in lindsay bell, investment strategist. Good morning to you. The pace of growth given the size, truly extraordinary. Its very extraordinary when you exclude whole foods and other onetime items is impressive driven by the prime base youre seeing good results coming out of retail going into the Fourth Quarter holiday selling season aws up 42 , now 11 of revenues for the company. Its an impressive report, and guidance in line with expectation expectations expectations wi s had been h coming into the report these were the best performing stocks in 2017 is it time to allocate more int the sector i thought we would see a potential sell and news type of event. We saw that with the banks stocks ran into the earnings reports, they were good reports. And they sold off. I thought we might get the same effected from the tech stocks. Old tech and new tech is performing well. Talk about the two of them and the perform plaance overnight intel doing well as well as the alphabets of the world i think intel, microsoft both did very well. Intel, the chips they sell, they were actually flat people expected that to be down. That was a good number then we saw memory doing well. Tech is able to hang looking at the four names reported overnight, is there one that looks underpriced despite the rally that weve seen . The valuation compared to some others is good the cloud business, azure, its passing aws finally. That run rate was a key number for them this is something you can get involved in. Price to earnings, it looks okay yes yes. Thats better than what youre seeing across the sector think about amazon spin us forward today and next week what are the key names youre looking at . Today, chevron and exxon will be the key out of the Energy Sector growth is expected to be the highest for the sector but theyre coming off weak results. 138 growth for the Energy Sector 50 of companies have reported so far beat on the bottom line thats enamic. The bar has been set higher for the companying going into today. We have seen earnings expectations go up great summary of the earnings news lindsay bell with cfra research. Dont miss the intel cfo on squawk alley today at 11 20 a. M. Eastern time. In other earnings news, shares of mattel are deep in the red following an earnings miss landon dowdy has more on that story. Shares of mattel moving lower after the Company Posted disappointing Third Quarter results on trouble in toyland. Mattel reporting earnings per share of 9 cents, well below the 57 cents the street expected the toymaker said they would sus te suspend the Fourth Quarter dividend mattel also pointing to weakness in its core brands American Girl doll brand growth sales took 30 in q3 the mattel ceo saying the quarter was clearly disappointing led by slowing sales in north america and tighter retailer inven totory management shares falling about 25 initially on the news. The stock is down about 18 in early trading. Back over to you thank you very much for that. Other stocks to watch, ubs shares are rising on a 14 increase in quarterly profits. The swiss bank saying it saw good results across its divisions with asia pac as an important driver as its growth shares jumping 1. 5 . Quite contrary to some of those european banks we saw yesterday, barclays and Deutsche Bank falling. Rbs reporting better than expected results for the Third Quarter. The bank still sees an overall loss for the year resulting from a multibillion settlement with the Justice Department over Mortgage Backed securities volkswagen lifting its Profit Guidance this year. The firm benefiting from cost cuts in its core Auto Division up 1. 6 . Shares of dbaidu deep in th red after meeting expectations, this is the google of china becaming lost e inine inine ini to the communist party conference. And expedia reporting losses due to the hurricanes and natural disasters. Weather did have a big impact, and that stock down more than 13 . Gilead reporting an earnings beat shares are lower after the drugmaker offered a light outlook for its hepatitis c franchise. Still ahead, dialed in on apple. The company beginning to take preorders for the new iphone x well have more on apples big day. And the u. S. Government unsealing a small batch of never before seen documents on the assassination of president john f. 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Welcome back we have a look at asia japan earlier this week did end its extraordinary 16day winning streak its now at a fresh 21year high this morning up 1. 25 continuing a great run through 22,000 gains across the rest of the screen in asia its been a good week in asia. European trade for you as well we did see slight declines. France and germany up nicely and continuing to add to those gains. U. S. Futures are positive. Nicely positive for the nasdaq because of those tech earnings the dow is up 41 points. As we look at things for the week as a whole, we have red on the screens for the nasdaq and s p. The dow holding on to a slight gain coming into todays session. Well see if they can overturn those losses seem ma . A lot of stocks in focus today. Look at wynn resorts posting a beat on the top and bottom line. The ceo addressing the mass shooting at his las vegas property saying it did not measurably hurt business. First solar beating the street two projects helped bolster the solar equipment companys results. And deckers outdoors saw its earnings climb by 24 in its latest quarter the maker of boots pulling itself off the block after finding no suitors interested in buying the firm. Some other stocks to watch, frances total reporting a 29 jump in net profits after strong output and cost savings. Net profits came in at 2 2. 7 billion, in line with expectations up 1. 5 . Exxon and chevron report today Western Digital shares were under pressure after the company took down estimates for the current quarter. The chipmaker posting better than that and beating expectations, down 2. 6 . Shares of apple. Today is the day customers can preorder the iphone x. The newest model will be officially available on november 3rd. Its up 0. 6 but dont forget, of course, the nasdaq is up nicely this morning. Maybe its in lieu of other tech earnings this morning as opposed to hopes for the iphone x. Still ahead, a new batch of documents on the Jfk Assassination were just released theyre already causing controversy in washington. More on the unsealed records and what weve learned straight ahead. As we head to break, heres todays National Weather forecast from bill karins. Good friday morning to you all eyes on what happens in the caribbean over the next 24 hours, this is heading up the east coast this weekend. Doesnt look like it will be become a hurricane or tropical storm. Could be a tropical depression it will send moisture through cuba and into south florida by sat. We could have minor flooding, some downpours not expecting a lot of damage. Then this cold front that reaches the east coast meets up with this and forms a strong storm this weekend, especially sunday looks like a big rain event for the midatlantic during the afternoon, new england as we go through sunday evening. There could be strong winds with that we have to keep that in mind 3 to 5 inches of rain. A lot of leaves coming down and Flooding Issues on the smaller rivers the rest of the forecast, still watching that snow in minnesota wnhrghs the cold air funnel do tou the middle of the nation more Worldwide Exchange when we come back hi, im the internet you know whats difficult . Armless bowling. You got this, jimmy you know whats easy . Building your website with godaddy. Pick a domain name. Choose a design. You can build a website in under an hour. Now thats a strike get your domain today and get a free trial of gocentral. Build a better website in under an hour. I love you. This is not a cloud. This is a tomato tracked from farm to table on a blockchain, helping keep shoppers safe. This is a financial Transaction Secure from hacks and threats others cant see. This is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. This is not the cloud you know. This is the ibm cloud. The ibm cloud is the cloud for business. Yours. U. S. Futures pointing to a strong session with the nasdaq in focus, up 73 points in premarket trade, helped by gains seen by alphabet, amazon and some other tech names that reported overnight looking at oil prices. Which have really been trading in a narrow range. Were down by two cents. Ice brent crude at 59. 26s an update on those devastating california wildfires. The catastrophe modeling firm, air worldwide estimates insured losses will be between 2 billion and 3 billion the fires started earlier this month and consumed 170,000 acres of land and destroyed more than pa 3500 structures. And the National Archives releasing 2500 records on the assassination of john f. Kennedy. Lets bring in tracie potts from washington with more on this story. Good morning. Its a lot of stuff to go through. Some of it has been out there. Just over 50 pains of w50 pages got overnight was new. One a memo written b fbi director j. Edgar hoover, that memo written on the day Lee Harvey Oswald was killed another concern was that the police did not protect warren. The Warren Commission did determine that oswald acted on his own. Thousands of documents were dumped late last night our folks are still going through that information notably there are thousands of pages that were delayed and have not been released for National Security reasons the president is urging the fbi and cia to go through them in the next six months. The cia said there are names of agents, former agents, methods and partnerships still relevant today, and thats why they need to take more time to go through the information. Given that at least part of this potential release could affect National Security concerns and given the delays what is the view of the president s decision to release it either way . Are people questioning whether it was the right move . Was it shortsighted or are they welcoming it because its in the interest of the public to know. Its in the interest of the public and also a half century of curiosity about what was going on with the Warren Commission, the fbi, the u. S. Government a lot of this information was already out there but redacted some of it blocked out thats why theyre try going through it more carefully. Theres theres frustration. Critics have said the government had 25 years go through all of this stuff they should have redacted everything by now and got everything out on time looks like that wont happen it will take another six months. Tracie potts, thank you very much for that update still to come, the top stories and round up of the Global Markets and a blockbuster bid. Cvs in talks to buy aetna for 66 billion. More on that proposal when Worldwide Exchange returns i love you, couch. You give us comfort. And we give you bare feet, backsweat, and gordos. Everything. I love you, but sometimes you stink. Soft surfaces trap odors. Febreze fabric refresher cleans them away for good. Because the things you love the most can stink. And plug in febreze to keep your whole room fresh for up to 45 days. Breathe happy with febreze. Shares of amazon, alphabet, microsoft and intel surging after posting strong results blockbuster bid. Cvs looking to buy aetna in what could be the largest healthcare deal ever. Plus uber just made carpooling a little easier well tell you how its friday, october 27, 2017, youre watching Worldwide Exchange on cnbc. Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Im seema mody in for sara eisen. You think im too loud . No, i like it loud. I appreciate the energy and the passion. It was just a surprise a good surprise. Good morning again lets look at the Global Market picture. We are looking at declines week to date for the nasdaq and the s p coming into today. Down some 0. 6 for the s p, and 9 out of 11 sectors are lower there. The nasdaq down about 1 coming into today the dow is higher for the week as you look at things now, big gains for the nasdaq, some 74 points the dow and s p also higher in the premarket. Perhaps we can end the week on a positive note based on some of those moves. Why is the nasdaq high a bunch of Tech Companies reported earnings. Amazon, alphabet, microsoft and intel moving sharply higher. Amazon up by 7. 5 . Well have more on those earnings in a moment tenyear treasury note for you also moved higher. That led to a decent move higher in the dollar. 2. 45 as you can see continuing that trend over the last month of yields going higher main reason for that was the house passing the budget vote and i guess with that increas