TheStreet Live

TheStreet Live

By JIm Cramer and TheStreet StaffBusiness
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TheStreet Live episodes

  • China GDP Matches Expectations, Yahoo Quarterly Report Card is Mixed
    China's Economy grew at 6.7%, which matched most economists expectations. It shows a steady expansion of the nation's economy and one that is on track to meet Beijing's targets for growth. Yahoo (YHOO) quarterly earnings report was a mixed bag. While the tech company beat earnings expectations, it missed on revenue. CEO Marissa Mayer traffic rose despite the massive hack revealed in September. However, Yahoo executives said nothing in the quarterly call about the hack and the overall number of users that were impacted. Tonight is the 3rd and final debate between Democrat Presidential candidate Hillary Clinton and Republican Candidate Donald Trump. The debate will be held on the campus of UNLV in Las Vegas. This debate is expected to have a lot of questions about the economy including questions on entitlement spending, U.S debt and overall growth.
    2 min
  • Netflix Subscribers Surge, Stocks Soars in Overnight Trade
    Netflix ( ) says shows like 'Stranger Things' and 'Narcos' helped it crush subscriber expectations. The streaming music company reported a surge in new subscribers, especially international. The subscriber numbers beat expectations by 50%. Netflix also says it plans to grow more internationally and will spend $6 billion on new content next year versus $5 billion this year. UnitedHealth (UNH) also says both earnings and revenue were higher than expected. The health insurer also raised its full year guidance. UnitedHealth's shares are up nearly 14% year to date. The old talk about the birds and the bees is being replaced, by the talk about money. Chase and the University of Colorado says 96% of Americans believe talking to kids about money is important. President Barack Obama meets with Italian Prime Minister Matteo Renzi today. A key gauge of inflation, consumer prices, is released today.
    2 min
  • Bank of America Beats, Tesla Delays Major Product Announcement
    Bank of America ( ) is the latest U.S. bank to beat expectations. The company beat expectations on both earnings and revenue. Earnings came in at 41 cents a share versus 34 cents a share. Revenue was $21.6 billion versus $20.9 billion expected. Tesla ( ) has postponed the unveiling of a new product today. CEO Elon Musk delayed the much promoted announcement for 2 days. He says it needs 'refinement'. There is lots of speculation about the new Tesla product. There are rumors that it could be a modified version of Tesla's Model X SUV, a vehicle many are referring to as the Model Y. Another idea is a more sophisticated camera that would make Tesla vehicles safer than before. Cowabunga! The Simpsons marked a TV milestone. It aired its 600th episode last night. The animated show premiered in 1989 and is only behind 'Gunsmoke' in terms of the most episodes for a scripted, prime time show.
    2 min

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