sandra: breaking news this morning, shares of apple plunging after the tech report is disappointing to isolate cells and it lowered its forecast for the sales in the current quarter. shares of microsoft lower after the maker reported a huge loss and yahoo! shares also under pressure after rupert hoarded earnings. all of those we are watching and they are waiting on u.s. stock futures this morning. right now pointing to low growth in. dow futures up 69 points. gold prices on our radar is filed under pressure again amid concerns about higher interest rates in the u.s.

the pentagon reporting a u.s. airstrike has killed the head of the al qaeda affiliate in syria. we will have the details for you on that. good morning i am sandra smith joined by lauren simonetti and nicole petallides. welcome to "fbn:am," your first look at today's markets, latest break in a symmetric expect that they had. weaker than in sales. the smart watch could hit wall street and the open this morning. checking futures on the dow futures of 72. nasdaq futures, the leader of a full percent now 49 points. lauren has the latest on apple this morning. lauren: apple is one of the reasons for the red air as we just looking at. this is such a widely held stock in many episode. shares down about 6% in the free market. at this rate, apple will ship by 50 points in the market does

open. a decent quarter. apple made $118 million a day in the quarter. if you dig into that report, wall street has concerns. first is the iphone sales weaker than me. more than 47 sold. customers may be waiting for the new phone. already 10 months old. then you have revenue guidance. and also the watch. on the bright side the category of the watch is one thing. a million more in revenue and apple set the watch sold better than iphones or ipad when they first launched. some apple watchers are not convinced. the s&p capital i.q. estimate apple sold only 2 million watches. we will continue to figure out what to watch sales were. sure into everybody talking about that this morning. everybody on twitter. tweet. @senator smith box. the free-market trading session.

what is happening there? nicole: add another 10 or 121070 pal points. microsoft posted a net loss of $3.2 billion as it wrote down its gnocchi or phone business it bought last year. that totals a whopping $7.5 billion this comes as microsoft ceo should refocus the software. the company due to rollup windows can next week. no charge for the upgrade. yahoo! shares down nearly 2% after hours, after the internet company released to mixed results for the second quarter, yahoo! reported an adjusted roughly 16 cents per share up 15% a year ago. that jump sharply to more than

$200 million because yahoo! began paying partners including mozilla and oracle more money for the users that they have to pay out and that obviously cuts in the bottom line. sandra: thank you, nicole. starts around the globe mostly trading to the downside after yesterday's u.s. stock market losses and earnings we talk about after the bout last night into shanghai slightly to the upside otherwise the hang seng, nikkei and costly finishing lower. european markets this morning taking a cue from weakness and looking at corporate reports come a bit of a disappointment there. the ftse, cac and dax all trading ahead. dow futures up 70 points. weakness across the board led by technology. as well as here. look at the gold prices under pressure again with yellow metal down another 10 bucks. eleven dollars as the loss now

as the selling continues. we are in the heart of earnings season as investors await results from two dow components. going to report a profit of $1.37 per share on revenues of $24 billion. the company's commercial aircraft business expected to show strong underlying growth. fedex has signaled a deal to buy 50 additional 767 freighters in the biggest order after. we will hear from coca-cola before the battle at qualcomm after the bell. coca-cola to report revenue for the second quarter by the estimated at qualcomm's third quarter revenue slightly below expectations. president obama made his final year in on "the daily show" with jon stuart. they covered a range of topics including president obama said in congress as the reason for the recent irs problem.

>> the real scandal around irs right now is that it has been so poorly funded but they can't go after. >> they can't go after folks who are deliberately paying tax payments. sandra: president obama joked about an executive order preventing stuart from retiring on "the daily show" on august august 6th. sorry if i were going to a sound bite. after slamming senator mccain, donald trump targeting senator lindsey graham. fearsome sound. >> let's try it. 202228. >> just unbelievable, trump disclosed in the south carolina senator's personal cell phone number during a speech that comes after senator graham strongly criticized trump in

response to the release of the phone number the spokesman for senator graham's presidential campaign that trend continues to show that he is ill prepared to be commander-in-chief. let's confirm that was actually senator lindsey graham's phone number. fox business has confirmed the resignation of the faa director of employee relations after only six months of the job david fighter was brought out of agency to clean up his tire and contract problems. fox business obtained an e-mail announcing the resignation. they may be violating the law with the air traffic controllers association in order to appease the union. the move follows the business investigation trouble in the skies which exposed corruption and misconduct in the hiring of faa air traffic controllers. if you are flying in or out of new york tonight, you might want to plan ahead.

workers at new york's jfk and laguardia planning to walk off the job demanding higher wages and better benefits. they include security officers of the baggage handlers in wiltshire attendant spirit than 1000 workers expected to participate in a 24 hour strike. this morning federal regulators six at day two approved at&t's $49 billion purchase of direct tv. sec chairman tom will approve the deal to certain conditions. an order has been circulated to the agency's other four commissioners recommended approval of the deal. the acquisition would create the largest provider of cable or satellite tv. to computer security researchers dennis trading they could take control of the moving jeep cherokee. using the vehicle is wireless communication system. they were able to control its dashboard's theory and the brakes on that vehicle and transmission for my laptop.

this raises new concerns about the safety of internet connected cars. hackers say they are bringing attention to an issue automakers have for too long ignored. new developmedevelopme nts in the investigation into the chat negotiating, uncle of the gunman who killed five service members last week i've been in custody in jordan since the day after the shooting. attorney says computers and cell phones are taken from the man's home. abdulazeez stayed with the uncle in jordan for several months last year. a u.s. airstrike killed in the head of the al qaeda affiliate in syria we learned this morning. the pentagon says was sent on cd was killed near the turkish border on july 8th. he was involved in many attacks against u.s. targets in the region. officials say he was among the few trusted al qaeda leaders that receive advance notification of 9/11 attacks. here's a look at the headlines today in "the wall street

journal." lawmakers for u.s. firms overseas aid officials say they are in the early stages of an ambitious overhaul of how the u.s. taxes multinational firm. local rules set to start. the new restriction on that dvd. another headline. over time though some bosses scrambling. managing that powers their employees work following a proposal that would put more u.s. workers in line for overtime pay. coming up on wednesday morning in sports, new york mets pitcher jacob took from keeps batters off balance picking up where he left off in the all-star game. we'll have the latest on the story on that. apple may have more watches in nine weeks then it sold iphones and ipads when they first launched. despite that, they again hard on

train hit hard this morning. pushing u.s. stock lower. leading the losses off 1%. you watching "fbn:am," your first look at morning markets and breaking news. ♪

sandra: welcome back. let's do you let's do you cut up the global market action this morning. asian stocks finished the day mostly lower except for the shanghai which managed to eke out a small gain of two tenths of a percent for a fifth straight session. you see the trend. in and europe markets living to the downside and the weak corporate earnings coming in way nonmarket player.

start market future is looking like this at 5:14 a.m. on the east coast. dallas six to nine points, s&p have seven, checking on some key commodities this morning. we have been seeing a massive selloff across the board as far as gold and oil are concerned, gold prices up $11 within closer $2000 an ounce level. as you see some current the moving higher again that you wrote in the u.k. pound up against the u.s. dollar. 10 year treasury yield yielding 2.3% on this wednesday morning. turning to sports, met pitcher jacob degrom picking up where you left off. 10 pitches he struck out the first two national you saw last night and eighth overall on the way to a 72 when. eric campbell's two-run go-ahead symbol.

your cut washington's lead to two games in the national league east. yankees added to their lead many baltimore three to two with a tie-breaking rbi to help new york move to 10 games over 500 for the first time in almost two years. tennessee titans and rookie quarterback marcus marietta have agreed to contract terms. fox sports reports the deal worth more than 24 million over a four-year period with nearly $16 million signing bonus. the 2014 heisman trophy winner from oregon is the number two pick in the year's nfl draft. coming up, shares of apple, watching this morning getting hit hard in the trading session after the type diet reported disappointing iphone sales to the lowered third-quarter sales. we would run down the numbers

for you and if you saw something on ebay, you might want to know who can get your home address and phone number. we will tell you all about what you need to know. by the way pushing the stock market futures ahead of the opening bell this morning. nasdaq futures are 50 points. you are watching "fbn:am," your first look at morning markets and breaking news.

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♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage, all of taylor swift's music videos,

interviews, and more. xfinity is the destination for all things taylor swift. sandra: welcome back to breaking news this morning. shares of apple hit hard in the premarket trading session after the tech came and reported disappointing iphone sales. under the forecast for sales in the current order. shares of microsoft sharply lower after the software maker

reported a huge loss in law who shares after it also reported earnings. by nine u.s. stock market futures this morning pointing to another lower open on wall street. dow futures up 70 points. gold prices also lower. again amid concerns about highest interest rates in the united states. the pentagon reporting u.s. airstrike has killed head of the al qaeda affiliate in the area. we will have the details. good morning i am sandra smith joined by trans pics hamtramck eyes. welcome to "fbn:am" come your first look at today's markets and what to expect a day ahead. disappointing guidance from will and sense of weekly than expected sales that have fostered at the open this morning. stock futures off 70 points, s&p at seven, the big seller they are down 47 points. you are looking at apple.

lauren: this is why it matters. the likely of apple, as such a widely held to. you can see sharply lower. right now the free market shave about 50 points in the dow in the market opens. as for the quarter was pretty good. apple made more than 118 million bucks today. iphone sales weaker than it. more than 47 million. 1 million iphones of the period that missed analyst estimates. customers might be waiting for the upcoming takes as. then revenue guidance that did miss the target and the watch on the price tag almost a million dollars more in revenue. the watch actually sold as an iphone at the ipad when they first launched that some apple watchers are not convinced.

angeles e-mail at s&p i.q. estimates apple sold 2 million watches in the quarter and we did the estimates for as many as 5 million. sandra: interesting comments from tim cook saying the worries about china's economy and how it pertains to apple earnings were overstated. you're saying that sales are much better than analysts were predict dean. >> basically at the end of the corner with the china slowdown. he's going to keep the pedal to metal in china. nicole, you're watching microsoft this morning. nicole: will have syntax under pressure. after the company reported a record loss, net loss of $3.2 billion. pinocchio phone business last year totaled a whopping $7.5. this comes as microsoft shifts its focus to software, clouds services and windows operating systems slowing and the

companies due to roll out windows 10 next week. there'll be no charge for the upgrade would choose to cost 50 to $100. yahoo! shares down 2% in the free market after the company released mixed results for the second quarter with an adjusted profit of 16 cents per share. revenue 1.2 port billion dollars at 15% year-over-year. cost of acquiring traffic jams sharply to more than $200 million because yahoo! began paying partners including mozilla and oracle more money so they try to blue and the users. as they continue to make acquisitions to grow the company and it's interesting she launched an online gambling thing called two weeks in. this is the thing.

trained to less get caught up on global markets has received earnings reactions. looking at translating to weakness in european markets. a lot of movement having an impact on trading there. the later to the downside of this outside in london. at home data at 67 points but technology was the big seller of a full full percent as we get going this morning. a closer look at asian markets with rachel ruble standing by. good morning, rachel. reporter: good morning. i will get to that in to that in just a minute. the shanghai composite was the only major asian market to close in positive territory today. earlier in the day is going to follow the asian markets lower. they are confident the recovery momentum should be good news for investors. we didn't see the glasses for

construction banks which moved lower after the federal reserve said it needed to do more to fight money laundering. the hang seng lower by 1%. japan's nikkei snapped a six-game winning streak as investors grew nervous overnight. apple related shares and also big losses in the banking during toshiba sending the nikkei lower. the south korean cost a lo-res file and we saw the glasses heavily weighted chip stocks. that is what is happening in asia. i am rachel ruble. sandra: thank you. let's get in the future wednesday forecast. good morning. what's the next couple days. a little bit cooler than last. >> it feels a little bit cooler. just a little bit more than the last couple days. start out with the thunderstorm forecast across parts of the rockies and nevada you lookooatt

marginal severe weather across portions of the planes into the south is the case as well. the frontal boundary not making it much further than that. it will be firing up storms. a lot of humidity south of the boundary and forecasted today with potential for isolated severe weather. otherwise here's a look at the area for tomorrow in parts of the plains expected to see severe weather. bringing in some closer to average temperatures. we are expect dean triple digits with heat advisories in effect. a sandra: coming up, if you saw something on ebay, you might want to know who cannot get personal data like your home address and phone number. we will tell you about that. earnings from apple and microsoft commit big numbers this morning played on stocks. fresh numbers up for the likes of dow component boeing and

coca-cola. we will have live preview. for now, u.s. stock index futures point to a lover of phnom wall street a couple hours from now. dow futures off 68 points. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ hi my name is tom. i'm raph. my name is anne. i'm one of the real live attorneys

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sandra: let's get you caught up in global market action on this wednesday morning, asia stocks finish the day mostly to the downside except for shanghai which managed to eke out a small gain of two tenths of a percent. the fifth straight game for those markets. in europe, looking at the south side from the cacm dax although were pointing to a lower open on most trade thanks to weakness in technology shares it with a check for key commodities oil and gold moving to the downside and selling of commodities continues. gold prices off another $10 this morning. and we have the currency board is looking at global currencies reacting this morning. movement map against the greenback, the euro higher against the dollar right now. yields on the 10 year currently at 3.4%. you can find anything on ebay

including things you might rather keep to yourself. lauren: at this story surprised me. if you buy and sell stuff on ebay, but if the company did not protect your personal information. it was requested by a buyer and they gave it to them including the city and state where he lived. the seller feel that person is going to come in and saw the product. he told the consumers about his story. ebay said sharing information is how we do business. it is not responsible for any date that happens outside of the website and set called the police. call your phone company. >> what if you are selling something $20,000. sandra: good point. lauren: issues your phone number. google gives you all the other information. sandra: unbelievable video of a drone carrying a gun, firing at

as you saw. it was posted by teenager in connecticut. austin highway two is now being investigated by the faa when it's not his contraption which a college professor helped him build violated agency rules prohibiting careless or reckless op ration of the model aircraft. also being investigated by tom police. they can use them in all these military police officers. that's a pretty unbelievable invention. >> the same kid last year had a fine up to the beach and got in trouble with the woman who wanted him to go. sandra: as we know, watching martha stuart take pictures on her private use, anybody can operate these. sandra: coming up, apple isn't the only text that pictures of

microsoft to open after posting a huge loss. we will have the latest on that. to computer researchers prove they can take control of a moving sheet cherokee by hacking into the jeep's computer system. jeep owner fiat chrysler not too happy about the demonstration. the latest details and reaction to that. apple and microsoft earnings weigh in on u.s. stock market futures pointed lower open for the second day in a row. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

sandra: braking is this morning pictures of apple after the attack came reported a disappointing iphone sales and

also lowered forecast for sales in the current quarter. shares of microsoft sharply lower after the maker reported a huge loss and yahoo! shares also react to earnings. all of those watching and waiting on u.s. stock market futures pointed to a lower open right now. dow futures up 73 points. gold meanwhile also under pressure again and it concerns about higher interest rates in the u.s. the pentagon report in a u.s. airstrike has killed the head of the al qaeda affiliate in syria. we'll have the latest. good morning i am sandra smith joined by lauren simonetti entrance is. welcome to "fbn:am" can be her first look at today's markets, the latest breaking is and what to expect that they had. breaking news this morning a u.s. airstrike killed in the head of the al qaeda affiliate in iraq. the pentagon saying muhsin al-fadhli was killed while traveling in a vehicle near the turkish border on july 8th. he was involved in many attacks

against u.s. targets in the region. military officials say he was among the few trusted al qaeda leaders al qaeda leaders that receive advance notification of the 9/11 attacks. we are also watching earnings this morning. disappointing guidance from apple and signs of weaker than expected sales of its new smart watch could have bolstered at the open. looking at stock market futures right now pointing to a lower open, dow futures tilt double digits up 75 points. the big story developing there. tech is to weakness off a 4%. nicole: 5% of the doubt. apple shares now getting hit hard in the premarket. a privately held stock at this rate apple will shave about 50 points from the doubt when it does open. a good quarter in the end. apple made 118 million bucks a day. if you dig in the report come there are concerns. iphone sales weaker than expected. they sold 47 million in the

quarter. got a missed analyst estimates. the six passes 10 months old. then you have the revenue guidance for the current quarter and missed analyst targets in the watch on the bright side the category almost a million more in revenue. apple says the watch sold better than the iphone or ipod. some apple watchers just not convinced. one of those people is the s&pa keough said apple sold only $2 million in the quarter and we were looking for more than double that. sandra: the watches are not the big name. iphone cybercash co. -- cash cow for apple. some analysts come out. piper jaffray who still thinks the buying is going higher. >> is on the phone all day most

analysts say the next big thing could be the car. what a self driving car, electric car, we don't know but that might reinvigorate the stock. sandra: highlighting performance in china, all analysts have written about the concern in china. we've been reporting on the slowdown in the markets they are. a challenging environment that apple has the pedal to the metal in china despite worries about the recent drop in equities markets. microsoft another big one this morning. a mover and premarket trading after the company reported a record quarterly loss. nicole, looks like it is off a couple bucks. sandra: you may see apple shave off 50 points. microsoft did not attend. microsoft posted a net loss of $3.2 billion. they wrote down its no-caps-on business last year and that totaled a whopping $7.5 billion. this comes as microsoft ships

its focus to software plus services. the demand for windows operating has been falling in the company is due to roll out windows 10 next week. there will be no charge for the upgrade which used to cost 50 to 100 bucks. yahoo! shares down 2% in the premarket after being the company released to mixed results in the last quarter. yahoo with a profit of 16 cents share. $1.25 billion up 15% year-over-year for acquiring traffic has jumped sharply to more than $200 million because they began paying the partner including mozilla and oracle and they pay them more money to get users. obviously that cost the bottom line. they are also looking to marissa mayer back in the hot seat and she continues to make acquisitions. we talked about the fourth game with 1.3 million users.

nicole: fantasy sports is huge and online gambling. sandra: both expected to landmark is this morning. asia did see some weakness overnight. the shanghai, the lone winner of two tenths of a percent discontinued games fair. european markets, the ftse, cac and dax up a full percent. stock market future shaping up to be a lower open. a couple hours from now. we were in the heart of earnings season as investors await results from a couple of dow component. going to report a profit of $1.37 per share on revenue of $24 billion. the aircraft is in a six decade to show strong underlying growth. a sane in a deal to buy 67 war 757 freighters at her for that plane. we'll also hear hear from

coca-cola before the bell end quote, after the close. coca-cola expected to report revenue for the second quarter about the estimates that $12 billion. analysts look for third or revenue to come in slightly below estimate. president obama made his final appearance in "the daily show" with jon stuart last night. they covered a range of topics including president obama said in congress as the reason for the irs problem. >> the real scandal around the irs right now is that it has been so poorly funded that they can't go after -- they cannot go after these folks who are deliberately avoiding tax payments. sandra: president obama also chose, brighten things up about stuart retiring from "the daily show." >> you know, i can't believe you are leaving before me.

i'm issuing you an executive order. jon stuart cannot leave the show. it's being challenged in the courts. sandra: stewart's last day is august 6th. fox business confirmed the resignation of the faa to write to her as employee after six months on the job. david fedor was brought out of retirement to help the agency could never tire and contract problems. fox business obtained an e-mail announcing the resignation alleging management may be violating the law when it negotiates contract at the national air traffic controllers association in order to appease the union. the move follows the fox business investigation was brought to you on the show. travel in the sky which excludes corruption and misconduct in the hiring of faa air traffic controllers. if you are flying in or out of new york city tonight, you may want to plan ahead. workers at jfk and the party of

airport planning to walk off the job demanding higher wages and better benefits. they include security officers, baggage handlers and venture attendance. more than 1000 workers expected to participate in the 24 hour strike. to computer security researchers demonstrated they could take control of the moving jeep cherokee, using the wireless communication system. they were able to control the dashboard and steering break in transmission offered their laptops. raising new concerns about the safety of internet connected cars. hackers say they are bringing attention to initiate automakers have have for too long ignored. developments in the investigation into the chattanooga shooting. and of course the gunman who killed five service members last week has been in custody in jordan since the day after the shooting. an attorney says computers and cell phones were taken from the man's home.

mohammed yousef abdulazeez stayed with the uncle in jordan for several months last year. heisman trophy winner mike mariotti signs on the dotted line. the last first-round draft pick to finalize a deal. we will have the details in the big numbers. shares of apple getting crashed this morning. danny% in premarket trading after the company profits were below what investors have been looking for. apple is no staff in stock market futures mr. right now pointing to a lower open and for the second day in a row. you are watching "fbn:am," your first look at morning market in breaking news. ♪

sandra: good wednesday morning to you. let's get caught up on global action market this morning. in asia the shanghai market gaining two tenths of a percent. rest of the markets finishing to the downside. also looking at europe responded to some weak corporate earnings coming in. the ftse 571 points or a drop of 1%. at home stock index futures pointing to its other open with dow futures at 76. nasdaq futures things to weakness in technology off a full percent. gold prices continue to sell off another $10 this morning. inching their way towards a thousand dollars an ounce. a lot of cars out there for that to happen. meanwhile picture jacob degrom struck out the side on 10

pitches. he struck out the he struck out the first national seesaw last night. eight overall on the way to a 70 to win. eric campbell's two-run go-ahead in the seventh inning was the vacated the night. new york cut washington's lead to two games in the national league east. end quote by the tennessee titans and marcus mariana have agreed to contract terms. more than $24 million over four years but they $16 million signing bonus. the highest trophy winner from oregon with a number two pick of the nfl draft. peyton manning doing his part to help the families of servicemembers killed in the recent chattanooga shooting. senator bob corcoran announcing the news yesterday that inning was contributing to the fund. manning played his college hall in tennessee. before you head out the door this morning, get a literature wednesday forecast of fox meteorologist maria molina.

reporter: good morning, sandra. hello, everyone. parts of the south and well across portions of the rockies will see a risk for large hail and damaging winds today. otherwise parts of the northeastern and mid-atlantic a cold front came through yesterday and brought down temperatures much closer to average. parts of the south are still dealing with heat index values into the triple digits in the advisory is in effect. temperatures in the northeast are closer to average in the 70s and 80s. much more pleasant out there. otherwise further west temperatures widespread in the 90s and 80s. sandra: thank you good u.s. stock market futures sagged to a lower open on wall street for a second straight day. we will run down global market action and commodities for one time before we handed over to maria bartiromo. stay with us.

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sandra: take a look at market action this morning before we handed out. dow, s&p, nasdaq futures braynon marketeer with the nasdaq futures up a full percent. oil and gold commodities, big numbers this morning. oil moves closer to $50, both closer to $1000. in the currency markets right now some weakness in the euro against the u.s. dollars and next action as far as currencies are concerned this morning. here you have the ultimate tenure. 2.33% as we kick off this wednesday morning. time now for maria bartiromo on "mornings with maria." maria: thank you so much coming sandra appeared i am maria bartiromo. wednesday, july 22nd. with me this hour, fox business dagen mcdowell from the john seller zany and todd horowitz about the show options.

thanks for being here everybody. top story 6:00 a.m. in the east coast to apple shares falling within 6% lower after the fourth-quarter revenue guidance mix tapes that patients. third-quarter profit and revenue. part of this a lot this morning has to do with iphone sales to the company reported 47.5 million unit was sold in the quarter. dow was still lower than analyst expectations. ceo tim cook says they sell more units than i thought they would any iphone did exceptionally well. apple shares are still a lot better than 40% year-over-year. >> the media. you love them. they love you. so was your frustration sometimes with the media -- is the media, myself included, a refocused on the wrong things, demanding too much of you, too too much of government?

are we to inflammatory? what is your feeling? >> first of all, the media is a bunch of different medias. some get on my nurse more than others. maria: president obama making his final appearance on "the daily show." the president took a moment to put the blame on congress for the pirates targeting scandal. the federal communications commission improving the detail for $48.5 billion. sec wants something out of it for customers. they told the two companies to build a network 10 times the size of at&t's current network of fiber-optic cable. executives at theater and chrysler after two researchers hacked into the software they cheap suv and and controlled its feet. researchers, one of which is an nsa analysts say this is an industrywide problem they are trying to bring attention. bowing to release