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High end model with the biggest screen yet but shares are slipping after yesterdays big gains. Banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. Lets get to the big stories. Josh lip ton has the latest from today as apple each. We have the latest on eli lily and we have the Broader Market action josh, apples shares are slipping today, but still higher so far for the week. Wilf, apple bulls will argue what you saw today is the start of a new iphone super cycle. We have to wait and see whether consumers though are just as excited. Tim cook introducing the companys first new 5genabled iphone, the iphone 12. It will be available in four versions, different sizes starting at 699 for the mini, which has a 5. 4 inch display to the max, which has a 6. 7 inch display and costs 1,09 9. The transition from 4g to 5g is complex. Some argue 5g coverage is spotty right now. Though it could act as a cataly ....
States to roll back their reopening process. And the move today in part driven by the banks. Goldman sachs, jpmorgan leading the dow lower as the Federal Reserve clamps down on dividends and buybacks amid the pandemic stress are the banks really as strong as they seem plus, the airlines are getting crushed today. Executives will meet with Vice President mike pence as we speak to ask for more aid as travel remains on eyes for most of the country. We will have more on that, kelly. But now over to you tyler, thank you so much the other big name, nike down 6 , almost 7 now after an ugly quarter. They missed estimates by a long shot revenue dropped 38 . Setting off a key debate on wall street we could be in for an earnings season of pain as Companies Struggle to get back to business we will continue to backstop any marke ....
We get answers and love, exciting and new its in the air this valentines day. But wall street is sweet on a couple of stocks. Nice. Will they be lasting romances or are investors flirting with disaster we are doing a like or not, or hot or not like a would you rather. Swipe. Left or right, whatever it might be we dont care. All that ahead but we start with some big breaking news on the biggest name in investing. Who else but Warren Buffett. The latest filing from Berkshire Hathaway showing outsize moves from omaha her here is the rundown to berkshire started new positions. Kroger getting a pop 18 million new share stake over the quarter. Biogen over the new stake. And berk shir bought the spy and the voop ber berkshire remember it it could be warren, todd combs, doesnt mean warren himself. Berk shir raised stakes in general motors, occidental petroleum. Resortation hardwa ....