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Weakness this morning as we get set for the open tim cook wants to quote yell out and scream about ai. Well fill you in. And the king of snapchat just went platinum. Dj khaled is ringing the bell here first up, we mentioned the downgrade, how much of this is digestion of this new fed . Well, im the one to ask that thats a dj. Heres the deal. I think that the many people are ascribing way too much to the fed. I think the fed did business as usual. Theres a vicious rotation going on its a continuation of what we saw on friday. If you look at the last 20 minutes of trading yesterday you saw the r...

Tenyear yield did fall below 2. 3 on the third miss in a row largely better than expected from jpmc and wells and earn,s season kicks off. A big week for retail walmart gets an upgrade from goalsm Goldman Sachs. Financials are driving, but is the real consumer economy primed for a rebound Jpmorgan Chase falling despite posting better than expected Quarterly Results the bank got a boost from lending but hurt by weakness in trading. Jamie dimon says, the u. S. Consumer remains healthy, evidenced in our strong underlying performance in consumer and Community Banking wells fargo with an earnings b...

Century, Procter Gamble. We begin tonight with netflix and the earnings story that broke after the closing bell. Millions more people than expected subscribed to the streaming service in the latest quarter. New shows helped attract those new viewers at a time when competition in original content is intensifying. Here are the numbers. For the second quarter, netflix earned 15 cents a share. That was a penny below expectations, but revenue was more than 30 higher than a year ago, beating forecasts at rou roughly 2. 8 bil and the stock took off as you see there. Rising initially in afterhours tra...

Invidia are focused. Our road map begin with stocks having the worst day in months as tensions over north korea rise the president tweeting that military solutions are locked and load. Dispinting earnings despite the fact that it added 7 million daily users in the quarter well dig through the report plus awkward moments on the Conference Call. Shares of jcpenney said to open at a record low well take a look at the future of that company and of course retail at large. Straight to the markets coming off the worst day for the dowt s p, the nasdaq since may 17th the rising tension between the Unit...

Your money as power lunch starts right now welcome to power lunch. Im michelle carusocabrera. Todays gains pushing the dow positive for the month all s p 500 sectors, 11 of them now, are up. Tech financials leading the way. Energy, utilities, they are lagging. The chip space is a notable rally. Nvidia, micron, advanced micro they are up. Im tyler mathisen. We begin with the fallout in charlottesville. President trump speaking a few moments ago condemning the violence and specifically describing hate groups like neonazis, White Supremacists and the kkk, quote, repugnant to everything we hold de...