Airlines are raking in money for the ancillary fees. Details on which carriers are bringing in the most cash and where that money is going. It doesnt grate me that tch much. Charge us airfare and leave the fees behind. One price for everything. I dont know. A la carte is nonsense. Hundreds of stocks experiencing a selfcorrection. Some reporting earnings this week as earnings season gets into full swing. What you guys are paying in california, i dont envy you that. Lets get to the story on greece. Bailout, deal and reaction from germany which is very important. Our chief international correspondent, we are going to refer to her as the Athens Bureau chief michelle carusocabrera. Steve liesman moved to berlin. Michelle, happy monday. Its an unwanted title. Its not a done deal yet. Alexis tsipras back in athens today has to rally the parliament, bring them together and get them to pass a key number of reforms when it comes to pensions which will raise the contributions that the people in g
Gas prices have been going up despite oils drop. Weve got Joe Petrowski telling us what he calls a potential fear premium forming in the gasoline price. Here is a question ive been asking. Is outer space big enough for along musk and Richard Branson . Well tell you about the new satellite war brewing between these two billionaires coming up in a while here. Plus, the Commission Free trading app robin hunt has done 1 billion in transactions. How lock can it keep those trades free of fees . Well ask the founders when they join us live. Lets begin with walmart and home depot and the mixed fortunes they presented this morning. Courtney reagan joins us with that story. Its been a long and short day all at once. Walmart and home depot are dow components. Some small merchandise categories cross over. The reason for guidance updates widely. Home depot, inline enings, stronger than expected samestore sales and better spending among higher income consumers and professionals. Home improvement ret
Week on wall street and the dow component pretty much responsible for keeping the blue chip index in positive territory for the week as the Company Releases its iphone 7 smart phone. We will look at whether it is worth upgrading and whether the stock can keep rallying. Twitter moving higher after streaming its first nfl game last night. It was kind of cool. Pretty cool. We will get the ratings any minute now and tell you what they mean . And the government fining Deutsche Bank over Mortgage Securities probe. How does the government determine the extent of the fines . Lets start with a look at the volatile week. Would have been quite different outcome without apples gains. Bob pisani has the story. The biggest stock has the biggest gains. It not only moves apple but the entire stock market. The bigger stocks move the indexes more. Apple is the big one in this space. How big was the movement . Let me give you an example. The s p 500 is up about ten points this week. Apple is responsible
What gelljanet yellen does. The banks fell nearly 1 . Deutsche bank leading the way lower and with the fed meeting next week and the government probe of wells fargo leading up, are financials a no touch heading into next week . Dan, what do you say . Its not just whats going on with wells fargo and Deutsche Bank. You have two fed meetings. If we get a string of bad data, maybe its jobs data, maybe its manufacturing data, they may not go 50 50 in december and these banks need higher ranks for them to continue to go up. Like you said, mel, theyre down on the year. Its one of the worst performing s p sectors. I dont see anything that compelling. I dont see Interest Rates ramping up between now and the end of the year at any time to make net interest margins that compelling and i think it will be a political hot potato. I think the question is at this point do the banks have priced in they dont have priced in a hike next week, right . Thats over. That was there was thats over. I think ther
Later, its a secret sign that energy may have found a floor and had one trader placing a very big bet. Well tell what you that is and well start off with the big moves in tech. Cisco surging and tesla misses but the stock is soaring on an upbeat outlook and amazon announcing a 5 billion buyback. Do these then to buy back the standout performance we saw in todays session in technology . Is it time more importantly to put the tech trade back on . Guy. When you talk about the tech trade, thats a pretty wide swath but in terms of cisco specifically it might be time to take a serious look at cisco. You dont have the Revenue Growth you need to v. Probably up 2. 5 , 3 and youre talking about a company thats traded seven times forward earnings, great Balance Sheet as shown by an acquisition added to a buyback. Started to make a transition are, and pete can speak to the transition microsoft did. At least they are attempting to move away from legacy businesses into businesses to make more sense