Some positive tech earnings reported today, and for once the tech sector outperformed the overall market, Dow ended down almost 100 points while Nasdaq ended up 0.35%. Dow was actually up as much as 187 points today, only to sell off again. Crude oil price today dropped again by 1.75%, settling at $27.45.
Other financial news today:
- Amazon announced a $5B buyback
- Cisco earnings: 57c/ share actual vs 54c/share expected
- Whole Food earnings: 46c/share vs 40c/share expected
- Tesla earnings: -0.87/share vs 0.10/share expected
- Twitter earnings: 0.16/share vs 0.12/share expected
CNBC FAST MONEY FINAL TRADES 02/10/2016
Pete Najarian – Buy Cisco (CSCO), great earnings numbers today
Steve Grasso – Buy Disney (DIS), don’t buy before it closes above $90
Karen Finerman – Buy FitBit (FIT)
Guy Adami – Buy Microsoft (MSFT)