The next piece of evidence we look to is micron earnings thursday. If their earnings are soft, more evidence that the broader market for electronics sloweng down. An apple spokes person declined to comment for the story.
Bloomberg News West Coast Correspondent Ed Ludlow reports on Apple backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize. Bloomberg News Finance Reporter Hannah Levitt discusses how a US investigation into unauthorized texting on Wall Street is forcing many of the world’s biggest banks to create a new compliance role: the WhatsApp cop. Bloomberg News Health Care Reporter Angelica Peebles shares the details of her Businessweek Magazine story Big Pharma Chases $55 Billion Prize of Safer Blood Thinners. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital. Hosts: Carol Massar and Scarlet Fu. Producer: Paul Brennan.
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