CVS, Aetna could reshape health care

All three markets are on track to end the week on a positive note. Especially the Nasdaq, following stellar earnings reports from a number of tech giants. Yahoo Finance’s Myles Udland, Justine Underhill, Jared Blikre, Seana Smith and Rick Newman discuss the big stories of the day.

Today’s topics:

  • CVS makes a $66B bid for Aetna: RPTS
  • Amazon has won approval to ship drugs in 12 states: RPT
  • Amazon sales surge on Whole Foods deal, Prime Day
  • Amazon, Alphabet, Microsoft and Intel all beat on profits and revenue
  • JCPenney slashed its full-year guidance and comparable sales outlook
  • GDP for the third quarter came in at 3%
  • Mattel tanks on sales miss, cites Toys ‘R’ Us bankruptcy
  • Major Apple iPhone X delays after pre-orders sell-out abroad
  • Tesla cuts 40% of Hota parts order after ‘bottleneck’ prod: RPT
  • Expedia plunges on earnings miss, Britain investigates deal claims
  • Call of the week: GE shares sink on rare ‘sell’ rating
  • Stranger Things returns with merchandise onslaught
  • Robots coming to 50 Walmart stores in CA and AK by January

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