So a fantastic quarter for Hermes, but it wasn't thanks to perfume or beauty or anything like that. It was really all thanks to the Birkin bag, Deborah. And my first question would be, is this because people are buying and investments or is it genuinely that they have dollars to spend on luxury items.Because they would be very different reads of the US and and foreign consumer. Hi. Yeah, it's it's very much domestic driven and it is by those individuals who generally own more than one of the product within ...

Julian Emanuel of Evercore writing. Although valuations remain extended, the market leadership is in flux. The hallmarks of the end of a bull market are not present.Julian joins us now for more. Julian, good morning. Good morning.What are the ingredients needed for the end of a bull market. So the first is signs of a recession. That is the most typical top.And, you know, as choppy as the data is and as much of the negative as you can unpack, you know, the fact is we had a strong jobs report and then the oth ...

To the survivors in the room. If you are willing, please stand. And if you are willing, please raise your hands if you have still not been able to meet with this Department of Justice.Attorney General Bondi. You apologize to the survivors in your opening statement for what they went through at the hands of Jeffrey Epstein. Will you turn to them now and apologize for what your Department of Justice has put them through with the UN.Absolutely unacceptable release. Of the Epstein Files and their information. M ...

It is jobs day and an especially consequential one because we got data on hiring and firing from January 2026 and a benchmark revision of last year's numbers. What's the headline. The headline is the labor market appears to be stabilizing.that it seems that J. Powell got it right last month. And there were some worrying signs of was he being a little too generous that some people are like, "Oh, well, there was some really not so good data last week that we keep seeing these huge uh job cut announcements com ...

We're here in Venezuela traveling with Secretary Wright, the highest ranking US official to visit the country after Nicholas Maduro was captured by US forces at the start of the year. And it's almost surreal to be here at the presidential palace to see an American flag hanging outside the presidential palace in a place like Venezuela. The US suspended all diplomatic overtures, closed its embassy in 2019, and right now you have individuals on the ground trying to once again bring the embassy back up.And they ...

And successor has been made a Russian public safety threats and other priorities since the search operation began, as well as the unprecedented levels of coordination we have obtained from state officials and local law enforcement. I have proposed and President Trump has concurred, that this search operation conclude. Now significant drawdown has already been underway this week and will continue through the next week. ...

Rep. Pete Aguilar (D-CA) discusses if he expects any Republican members of the House to vote no on supporting tariffs on Canada. When talking about if the government will shut down, he mentions that there is language out to fund FEMA and TSA so workers in those agencies can still be paid while ICE funding negotiations continue. Representative Aguilar also shares his thoughts on US AG Pam Bondi testifying on Capitol Hill, and what Democrats would do with the Epstein files if they win the House during the Mid ...

The value part of this. I mean, the company's CEO was quick to point out like the first sentence in the press release was about value. This is a return to value for McDonald's. Is McDonald's been successful in actually providing that value to U.S. consumers in the most recent quarter.It does appear to be that way. And I think there really had been a focus you know, there's been a focus with McDonald's for a while on the value piece of it. But I think they also fine tuned the value offering with the extra va ...

Ty Cobb, former Special Counsel to President Trump during the First Administration, reacts to US Attorney General Pam Bondi's testimony on Capitol Hill stating she's reprehensible and covering up for perpetrators in the Epstein Files. He also calls for the resignation of Secretary of Commerce Howard Lutnick following Lutnick's testimony on Capitol Hill, and gives his response to a direct callout from President Trump on the president's social media platform. Ty Cobb speaks with Kailey Leinz and Joe Mathieu o ...

TOM: IT IS THURSDAY THE 12TH. A TRUMP TARIFF TANTRUM AND ANOTHER MEGA EARNINGS DAY. GUY: IN MACRO LAND NOTHING IS HAPPENING AND THAT IS INTERESTING.EURO-DOLLAR TRADING AT 11862. WHY ISN'T THE DOLLAR STRONGER ON YESTERDAY'S PAYROLL NUMBER. REALLY FASCINATING.EQUITIES WENT NOWHERE YESTERDAY. BELOW THE SURFACE, HUGE, INTERESTING MOVES. EVERYBODY HAS TO BE A BOTTOM-UP ANALYST.LENOVO THIS MORNING DOWN BY 5.2% PERCENT BECAUSE MEMORY PRICES ARE UP. IT'S MARGINS ARE GETTING SQUEEZED. SIMILAR FOR CISCO OVERNIGHT AND ...