WallSt TV

Baidu (NASDAQ:BIDU) reported Q2 earnings per ADS of $0.36 (excl. stock comp expense), topping consensus estimates of $0.31. Revenues rose 74% year-over-year to $282.3 million, just above consensus estimates of $276.7 million.

Apple Inc. (NASDAQ:AAPL) reports Q3 earnings today after the bell, the world waits as does the fate of the Nasdaq listed stocks on what the iEverything Powerhouse will report.

Apple Inc. (NASDAQ:AAPL) reports Q3 earnings today after the bell, the world waits as does the fate of the Nasdaq listed stocks on what the iEverything Powerhouse will report.

Del Monte Foods Company (NYSE:DLM) CEO went on record today talking up how the company is going to rake in the revenue with pet food.  Big surprise here but this did not translate to buyers loading up on DLM shares, instead its stock fell 2.3% today.

Come on Alcoa Inc. (NYSE:AA), its shares are down 60% from its 52-week high, and if the company doesn't have anything good to report, expect a new 52-week low and stocks to tank.

BP Plc (NYSE:BP) has appeared to bottom after just hitting a 52-week low of $26.75 a share and with the news today that the oil spill could finally be stopped by late July is giving traders and investors some hope to go long BP.

Netflix Inc. (NASDAQ:NFLX) trading at $108.93, up 1.73% or $1.85 thanks to a bullish rally and news of a new deal with Relativity Media.

Bill Fleckenstein, president of Fleckenstein Capital in Seattle, talks about the outlook for the stock market and the possibility that it has lost its "discounting mechanism".

Where to put your money?  Think health care and drugs, companies like Merck & Co., Inc. (NYSE:MRK) and Johnson & Johnson (NYSE:JNJ).  Should the pain continue think The Walt Disney Co.(NYSE:DIS) and other high quality stocks.

Apple Inc. (NASDAQ:AAPL) and their new iPhone 4 frenzy continues, how about paying $2,000 for the new iphone.