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A big upgrade. We will find out what makes it stick out in that big social media space. Plus, petes got a fast pitch on one medical device maker he says could be a home run. We will tell you what it is as he lays out the big case thats medical miracle mystery chart. In a special bonus hour of fast money at 6 00 p. M. Eastern time, we are taking your burning trading questions. Tweet us cbs fast money and you might get them answered here live on the show in the next hour we start with that monster rally on wall street today the s p up more than 1. 5 and the dow jumping over 400 points as you can see there the nasdaq also up nearly 2 leading those markets Higher Energy stocks, financialis and the small caps as well investors appearing hopeful a new deal for stimulus is town the pike markets still down significantly for the month. Does todays action give you a reason to perhaps be more optimistic and for that perhaps, guy, i will turn ....
Administrations tax cut dreams a reality. Lets get straight to ylan mui in d. C. With the latest. Reporter melissa, two big hurdles for tax reform are now out of the way the house passed its budget for 2018 just about an hour ago the Senate Passed its version out of committee. This is important, because once they reach a final agreement on the budget, republicans will unlock the special rules that allow them to get tax reform done without any help from democrats. House Speaker Paul Ryan trying to keep that momentum going this afternoon with a visit to a maryland factory he said tax reform is critical to helping american businesses build more, grow more, and do more get the rates down so were on par with the rest of the world. And encourage businesses to invest in their businesses in america. Reporter ryan was referring there to the move toward full expensing in a tax framew ....
Later the analyst is here to make a bold case on why they will go as high as 500 a share. Will you not want to miss. That first we start off with breaking news. This hour to repeal obamacare. Hi, elon. Reporter hi, mellissa. The president says the vote in the house for obamacare was a sign of unity and show they can get things done and tax reform is coming up next. Were going to get this finished. Then we are going. As you know, we put our tax plan in. Its a massive tax cut. The biggest tax cut in the history of our country. I used to say the biggest since ronald reagan. Now, its bigger than that. Also, pure tax reform. So we will get that done next. This really helps him. Before we can get to all that, there are still a lot of pieces that need to fall in place t. Senate needs 51 votes to pass through the Upper Chamber using a process known as reconciliation. The bill thats expected to undergo major changes along the way. Majority ....
Particular she didnt break instagrams revenue, but she said that they now have over 15 million businesses using business profiles and instagram joining the 70 million facebook business pages. I asked sandberg about concerns that the company would no longer be able to rely on higher ad load to drive growth and heres what she said. Our goal is for the ads to be really high of qualiquality. When you see a post from a friend, you want the ads to be as high quality as those posts and so weve been carefully tracking the exact of ads on the User Experience over the last several years. Ad loads up from a few years ago and weve been able to do this by improving the quality and the el are advance of the ads. And weve done it without significantly impacting peoples facebook experience. More relevant the ads, the higher the revenue for facebook, and the better experience for consumers. Now, i also asked sandberg about the companys projection ....
Vicki liviakis they found no blood on the san mateo bridge Haaziq Madyun all the way back here to cesar chavez on the one who won in San Francisco and major track the backed up on eastbound 92 calls to buy another bid rigging incident this one called on file california Highway Patrol describe what happened lanes were blocked traffic moving like 0 mi. Per hour some drivers said forget it in build at 92 and cut back on to sow about 101 of us got out of the vehicles to Smoke Cigarettes or content get out os once started moving and came across a pair of stalled vehicles and a car vs. Big rig accident slowing down drivers even more Haaziq Madyun the driver was able to jump out of the cab before it was engulfed in fla ....