Alan, let me begin with you a little bit. The uh tariff situation and the surprise that it's not just that August 1st is a tariff deadline, but also a new rate to contend with and maybe six more days to get adjusted to that. What's your take.I think right now it's a bit of groundhog day in terms of you wake up, you get a new set of circumstances and the market tries to react and work through it. Our hope is that we will see something akin to what we saw with Japan, the Euro zone and South Korea in the comin ...

Oh my god. Not only is it Friday, not only is it Friday, >> your turn is >> I get to do the five things. I get to do the five things to know ahead of the opening bell.>> Oh my. >> Shares of Coinbase are tumbling. Second quarter earnings beat estimates, but revenue fell short.Retail trading volume grew 16%, but that was below expectation. Despite uh today's decline, the stock is still up more than 50% uh over the past year. I looked I saw someone raise their price target um earlier and I just happened to loo ...

One Republican congressman ventured beyond the beltway and went back to his district in Wisconsin where he was met with consistent booze and jeers during a town hall last night in his home district over his support for President Trump's policies. Congressman Brian Style began his town hall in the town of Elhorn with the pledge of allegiance during which the crowd emphasized the last words and justice for all. [Applause] Striking moment there.Later, several attendees expressed their disappointment with the c ...

Okay, we told you just a few minutes ago about Apple's banner third quarter. The sales are the shares are higher this morning, up by about 1.6% right now. Joining us to talk more about it is Wamsy Mohan, who is Bank of America Securities senior equity research analyst.In a new note this morning, he is maintaining his buy rating on the stock. He's raising his price objective to $240 from $235. The stock right now is at $211.Wamzy, what did you see last night. what made you rise raise your price objective. >> ...

with my most recent experience with uh Gemini deep think. The answer was spectacular. This is a mathematical conjecture that was made by some people some years ago.They didn't manage to prove it back then. They checked many cases and then they just left it as a conjecture. I asked the statement of the conjecture to Gemini deep think and it seems like it proved it right away with a completely different method.When I was thinking about solving that question, I was thinking about maybe three different things, ...

The second quarter results now out from Exxon Mobile. Earnings came in at $164 a share. That was better than estimates of $1.54%.Revenue came in at 81.5% billion dollars. Cash from operations of 11.5% billion came in below estimates, but the uh earnings were higher than expectations because again you saw higher production. This was the same story that we just saw with Chevron where higher production made up for low oil lower oil prices particularly in a position where a lot of those are high margin barrels. ...

President Trump demanding that major drug makers lower the prices that they charge Americans in the next 60 days. In a series of letters sent yesterday, President told companies to offer the full portfolio of their drugs uh to Medicaid patients at the same prices paid abroad. This is what's known as most favored uh nation rule.Trump also told drug makers to guarantee that Medicare, Medicaid, and private insurance patients get the same lower overseas prices for all newly approved medicines, and he demanded c ...

All right, let me tell you about some breaking news right now. We've got second quarter results that are just out from Chevron. Earnings came in at a $1.77% a share on an adjusted basis.That's better than the 170 that the street was looking for. Revenue also came in uh better than expected, $44.8% billion versus 43.8% billion. Lots of other metrics that are in here that came in above estimates as well, including nut production.They set worldwide and uh US record levels that they'd seen on this for the periu ...

Take a look at shares of software design developer Figma soaring. And when I say soaring, that's probably an understatement. Uh in their public debut yesterday, the company pricing its IPO $33 uh a share. That was originally open for trading yesterday at $85, then closed at more than $115. At that point, Fig's market cap was close to $70 billion. As you remember, and we've talked about it, um Adobe agreed to buy that company back in 2022 for $20 billion, but that deal had fallen apart over concerns from Bri ...

Meanwhile, uh, President Trump ratcheting up tariffs on countries around the world, uh, with a new rate set to kick in within days. I should say new rates because there's a lot of them. And we want to get the very, very latest this morning from Megan Cassella.Good morning to you. >> Good morning, Andrew. So, with one executive order overnight, the president, as you said, increasing tariffs and adjusting them on dozens of countries across the world.All of these new rates set to take effect within 6 days from ...