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On capitol hill. This morning, Maxine Waters goes right at Facebooks Libra. Finally, bitcoin comes back down to earth. So there you have bitcoin at 9,400. So question, hows the market doing . As in the stock market . Look at this. No selloff. Still holding right at record highs. The dow well above 27,300 and the s p stays right there at 3,000. You want some action . Wait until you see the latest tweets from mr. Trump and wait until you see joe bidens polling numbers. The latest. Varney company is about to begin. Stuart hes not letting up. The president piling on with this tweet. Hammering away...

Transaction valued at 1 billion. Romaine we are going to get intels earnings, after the bell here. Muchan see apple, not after hours, but we will get more from intel with regards to earnings. Still with us is chad morganlander. Atrlet Second Quarter eps 522. Missing the estimate of 556. Net sales, higher than anticipated, which was 62. 4 billion. Amazon web services, net sales 8 billion. Less than anticipated. Outlook, net sales for Third Quarter, 70 billion. Looking for 67. 2 billion. Third quarter net sales is important, because it encompasses the prime day sales, which according to amazon, ...

Record sales for the most valuable company. And boeings billions, it is taking a 5 billion hit in the Second Quarter due to the worldwide grounding of what was its bestselling plane ever. And rate cut optimism. Stocks on track to open higher but on pace for worst week since may. Microsoft on track to open at a record high, market cap above a trillion dollars Quarterly Results beat expectations on cloud strength here is nadella on last nights Conference Call. Our commercial Cloud Business is the largest in the world, surpassing 38 billion in revenue for the year with growth margin expanding to ...

Weak in the session. Joining us is josh brown welcome back. Good to be here are you also in celebration mode after jay powell . Im also in celebration mode. We got all but a promise of a rate cut i think in july. Theyre going to do it. I said earlier, he foamed the runway for what ithink the market knew he was going to do the thing is, i dont think its necessary, but i also dont think its harmful a 25 basis point rate cut most likely, the best example of Something Like this, that i can think of from recent history is 1995 you had a new alltime high in the stock market the day they did the cut,...

Closing down by 0. 4 the hang seng was off by 1. 1 . Then the shanghai was down by almost 0. 9 . In europe it looks like, again, a modest decline dax and the cac are relatively flat ftse down by 0. 2 . Italy and spain down by 0. 3 and 0. 4 if you check out the treasury market, you will see the tenyear right now looks to be yielding about 2. 019 . We do have breaking news on Warren Buffett he is denying reports of tensions between him and 3g capital and kraft heinz. Buffett said 3gs cofounder is a good friend and he plans to see lemann next month. He also plans to attend lemanns 80th Birthday P...