Than expected guidance investors reasaurd by better than expected earnings per share as well as better than expected International Subscriber growth in the quarter netflix adding 6. 3 million International Subscribers. Above projection while u. S. Subscriber growth did fall short of expectations. But investors may also be reassured by ceo reed hayesings giving frank comments in the letter to shareholders with competition. This of course comes ahead of disney plus and apple tv plus launching next month hayesings saying theyve been preparing for this new wave of competition for a long time, writing quote the launch of new services will be noisy, maybe modest headantened near term growth we have tried to factor that into guidance. In the longterm we expect to continue to grow nicely given strength of service in the large Market Opportunity now the other bright spot that hayesings is stretsing in the letter to shareholders is International Growth hayesings saying they are expanded nonengli
Moynihan will join us for an exclusive interview live from aspen for his take on the economy, regulation, and more. Driven by data, the boe hikes 25 basis points as bailey points to a resilient u. K. Economy. We will have an interview with him in the next hour. Meanwhile, more u. S. Data is dropping now. Im kailey leinz with guy johnson in london. Alec steel is on assignment. As promised, more Economic Data breaking here in the u. S. Guy alix steel will return later in the show wearing a cowboy hat. Looking forward to that. We need to deal with the data here and now. The ism really stands out to me here. I think it is bittersweet. 52. 7. Some softening in services. However, prices paid rises to 56. 8. Employment softened from 53. 1 to 53. 7. New orders softened a little bit but not by much. The prices paid to number will be interesting to see how the market digests that one. I will dig in and see with a twoyear is doing on the back of that, not much yet. The action really in the 30year
And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause stephen hey cheers and applause hey, everybody thanks very much. Welcome to the late show. Ladies and gentlemen, thank you for being here. Im your host Stephen Colbert. Now as cheers and applause piano riff as of friday friday . As of friday, donald trump is on a 17day vacation at his golf club in bedminster, new jersey. Hes there to relax no, youve got to give it to him. Hes there to relax after months of grueling golf at maralago. laughter but heres the deal. Hes working on it. But the thing is, the president swears hes not taking it easy, tweeting working in bedminster, n. J. , as long planned construction is being done at the white house. This is not a vacation meetings and calls cheers and applause piano riff meetings and calls meeting call meetings and calls wow both of them trump has to do all that during his vacation . Man, i would not want to work for Vladimir Putin. la
Im sara eisen im dominic chu sitting in for wilfred frost. A lot of news to talk about today. Another record high for stocks another day, another record high lets check in on the global markets. Futures action for you, on this jobs day, as for futures were seeing a mixed picture dow futures up 10 points s p down 1 nasdaq futures are up 3. As for the tenyear treasury note yield, hovering around this 2. 30 level on the tenyear we have moved higher, 2. 37 theres been a series of good Economic Data thinking services, which is a broad swath of the u. S. Economy the manufacturing number recently was the highest in years. All of that has driven money out of bonds and pushed yields higher we will talk about that in the context of the jobs report lets talk about the asian market the market in Mainland China was closed today you can see the other major bourses out there, japans nikkei up by a third of a percent. The hang seng in hong kong, up by the same amount the kospi up bay full percent. As
Currently seeing coldest further north and west you travel. Mount pocono checks in at 45. This is close are to where we should be but above average at 57 at this early hour. We should hit upper 60s which is still above average but now were back to need ago this extra layer. You didnt need it yesterday. You needed umbrella instead. Now we are trading off accessories for the day ahead when it comes to the weather. We will give you a a minus and only just because we will see cloud overhead and it is cooler by comparison. Sure is, i can feel it already. Thanks very much. So good news that fog is moving out, we have an accident here 95 south at washington avenue pulled off to the right shoulder. Might be tapping your brakes, gaper delay starting as well as residual delays starting and congestion levels will begin to heat up now that we are pushing in the 6 00 oclock hour. Then we did have an accident another one boulevard south bun at ninth street that outer drive that has now been moved ou