38 Burst results for "Wall"

Fresh update on "wall" discussed on Wisconsin's Afternoon News with John Mercure

Wisconsin's Afternoon News with John Mercure

00:49 min | 21.3503753 sec ago

Fresh update on "wall" discussed on Wisconsin's Afternoon News with John Mercure

"Limited WTMJ news time. It is 3 26 on this Tuesday. How about some news about your money? It's Wendy Peppercorn with the WTMJ, Drake and Associates. Market Update. US. Stocks traded mostly higher on Tuesday. After a March inflation report turned out not as bad as some traders had feared. The Dow Jones industrial average fell 68.13 points while the S and P 500 rose 5000.33%. The NASDAQ in 146.1 points. Re opening trades came under pressure Tuesday morning after the U. S. Food and Drug Administration recommended a pause in the Johnson and Johnson Covert 19 vaccine after reported cases of blood clotting. Additionally, the Consumer Price index, one of Wall Street's most popular inflation gauges, rose 10.6% in March and increased 2.6% from the same period a year ago. Economists polled by Dow Jones were projecting the index to rise by 0.5% month over month. The bond market was also subdued on Tuesday, with the 10 Year Treasury yield edging lower to just above 1.65%. For drinking associates and Wendy Peppercorn certified financial planner for news radio WTMJ. Hey, John, We're here. Here your vehicles worth more right now A griffin Chevrolet than it ever has been. As matter of fact, I'll buy your vehicle outright. No need to buy from them A griffin. No need to trade anything in. They just want to buy your vehicle. They're loading up that pre owned vehicle lot. And they have outstanding news Chevy SUV selections on the ground ready to take home 50 in stock right now, as matter of fact, not that long ago we bought an SUV A Griffin Chevrolet. Best service. Best selection..

2.6% 146.1 Points 5000.33% 10.6% 68.13 Points U. S. Food And Drug Administra Tuesday Morning Johnson And Johnson John March A Year Ago Chevy United States Drake And Associates Wendy Peppercorn 0.5% Month Above 1.65% 50 In Nasdaq 10 Year Treasury
NCAA Backs Transgender Athletes, Says Events Will Be in Places 'Free of Discrimination'

WBZ Morning News

00:31 sec | 6 hrs ago

NCAA Backs Transgender Athletes, Says Events Will Be in Places 'Free of Discrimination'

"Limits on transgender athletes have been put on notice. CBS News correspondent Jim Priscilla has more the NC double. A board of governors has warned state lawmakers that putting limits on transgender athletes and sports could result in the loss of championship games and events. 30 States are considering legislation banning transgender girls from participating in sports consistent with their gender identity. The Republican governors of Mississippi, Arkansas and Tennessee have signed such measures into law. How we doing on Wall

Jim Priscilla Cbs News Mississippi Arkansas Tennessee
Fresh "Wall" from News and Perspective with Taylor Van Cise

News and Perspective with Taylor Van Cise

01:17 min | 5 min ago

Fresh "Wall" from News and Perspective with Taylor Van Cise

"News at 20 and 50 past the hour. Here's Jim Tesco, one of the best performing stocks among the S and P 500 is Tesla. Shares. The electric carmaker, which rose 3.7% yesterday are sharply higher again today up another 5.8%. Tesla's stock up more than 10% now here in April. Sales of computers picked up significantly last year during the pandemic on that boom seems to be continuing here in 2021. New estimates from Gardner Show. The PC shipments to retailers and other vendors were up 32% from the year earlier quarter, the research firm says that is the highest annual PC growth rate has track since 2000. That's your money now, the closing numbers on Wall Street. Well, it was Ah, mixed day and it ends mixed with the Dow. Closing down by about 1/5 of 1%. Not a lot 68 points to end a 6 33,077, the S and P 500 going in the opposite direction up by a third of a percent Sor 13 points higher the NASDAQ up by more than 1% 146 points in positive territory that closed the day at 9 13,096 just shy of 14,000 again. We check your money news, A 2050 passed every hour and camo Traffic update with Marina is next. In the White House to the Statehouse and politics affecting your neighborhood. Listen to comb Owes politic Cast podcast with Jeff Coachella. Stay connected. Stay informed.

Jeff Coachella Tesla 2021 3.7% April 14,000 13 Points 5.8% Yesterday Today Last Year 32% 68 Points More Than 1% 2000 More Than 10% 9 13,096 Gardner Show S 6 33,077
Coinbase Going Public Is the Bitcoin Bull Market's First Big Test

The Breakdown with NLW

01:02 min | 18 hrs ago

Coinbase Going Public Is the Bitcoin Bull Market's First Big Test

"This week on wednesday april fourteenth coin based will go public via direct listing on nasdaq under the ticker coin. The public listing is incredibly highly anticipated. By the crypto industry of course but also by wall street coin basis q one numbers were absolutely monster and saw some analysts revise their predictions for shares anywhere from hundred ninety five to four hundred forty a share even before the cuban numbers came out somewhere anticipating a one hundred billion dollar valuation. Now that number has crept up f. T. x has listed pre ipo contracts. And say the current trading implies evaluation of around one hundred forty billion to be fair the has been insane as low as nineteen billion to as high as over two hundred billion. I think however in many ways this event is taking on an even greater significance than just a high number and it certainly a bigger deal than just for shareholders of coin. Base in my estimation the coin based direct listing is this bull markets. First big test.

Fresh update on "wall" discussed on Mark Belling

Mark Belling

00:27 min | 16 min ago

Fresh update on "wall" discussed on Mark Belling

"Aaron spits in there with her afternoon business report. Sox traded mixed today after U. S Federal health officials called for a pause in the rollout of Johnson and Johnson's Cove in 19 vaccine amid concerns over blood clots, and today, a key inflation report showed consumer prices rose at a faster pace than economists had expected. In March alone, Consumer prices climbed 0.6%, the largest monthly increase since August. 2012 higher inflation is a good sign for the economic recovery, but investors worry that sudden price spikes Will force the Federal Reserve to increase rates faster than expected, which could be bad news for the stock market. At the close, the Dow was down 66 points. The 33,679 the S and P is up 13 and the NASDAQ is up 146 points. I'm the cool Wall Investment group, The retirement specialist. I'm Erin spits ner. You know? I figured out what my job is. But before I tell you what my job is, I have to introduce the programs. You know what you're listening to. For those of you who think that you stumbled onto W P. M P, and you're listening to Joe Dorsey or some other dated reference to Joe ever work it W E M P seems to be those old guys all worked everywhere, didn't they? I don't know. He worked it okay. Why? And he was that.

Joe Dorsey March 66 Points JOE 0.6% 33,679 SOX Nasdaq August. 2012 13 146 Points Federal Reserve Johnson And Johnson's Cove Erin Spits Today U. S Federal W P. M P Wall Investment Group Aaron Spits DOW
Secrets To Recording Flawless Audio from Your Home

The Podcast Domination Show | Grow your audience, make money and have fun doing it

02:12 min | 1 d ago

Secrets To Recording Flawless Audio from Your Home

"First off the first and most important thing i tell everyone of our clients when they start to record their podcasts. That it's not the microphone that makes the biggest deal against the mike is important. Don't get me wrong. However it is your environment and your background noise that is going to determine the quality of your podcasts audio and the biggest issue that is we launch a podcast. When we get into the stuff get so fixated on the best mike Or the best equipment yada yada yada however we failed to really recognize that things like having glass all around you. Having tile thin walls metal Maybe a metal desk or metal walls or metal you know Furniture around High ceilings children construction loud neighbors. You you name it. All of those things are going to bleed into your recordings even more like for example right now. I had the window open in this room. And i know there's dogs barking outside But because i've got some pillows things blocking it you probably can't hear it at all so quiet background number one most important thing if you can get to a quiet background and of some of those an and hopefully the chuckles just named off here. will help you. Make sure you're in the right kind of background. That's the biggest thing. Okay so this means getting to a place. Obviously that is going to be the least distracting for you. Maybe that is not your desk right now. Maybe that is your closet. Is your bedroom. Maybe that is your kid's room. That is the number one thing that is funny. Because even if you are like someone who's doing six seven eight figures on. I still have questions from these from really high high achievers about this very thing so don't think that You know this is something that you know most people who have money. You're have the resources to to Invest in a studio donna. These questions because i think this is something. I get from people all across the board but to answer your question. The most important thing is a quiet background. Okay doesn't matter about your mic doesn't matter if you have a pressure studio of its noisiest hell or there's some issues with it. Then it's gonna bleed into your recordings is going to be a problem. Okay

Mike
How To Think Like a Breadwinner with Jennifer Barrett

How to Money

02:09 min | 1 d ago

How To Think Like a Breadwinner with Jennifer Barrett

"We are excited for conversation today. With jennifer barrett's jennifer is a long time financial journalist and she has written for publications like the new york times Wall street journal money as well as newsweek. She is she's prolific as she seemingly everywhere. She's hosted popular personal finance video. Course on mutiny. Talk on the importance of wealth-building she's also appeared on many tv shows as well and as impressive as all that is she also has a new book that just came out That's titled think like a breadwinner which is all about empowering women who want to earn more money so this is going to be a helpful episode for everybody but especially for the working woman so jennifer. Thank you for joining us on the podcast today. Thanks so much for having excited to be here. I really love your podcast. Thanks jennifer and we're glad to have you here with us. And matt we were talking with jennifer before we began the show and jennifer mentioned that she loved crappier. So yeah. we're we're drinking a banana cream pie style. Bureau the show right now while we what we have this combo but matinee. We always drink a craft beer on our episodes. Because it's something that we love is something that we splurge on also being intentional and trying to save well for the future so we want to know from you. What's your craft beer equivalent. Oh it is craft beer. I love it is one one exact same thing. Yes i was just thinking that we could spend an entire episode is geeking out on beers. I am total beer geek. In fact i am looking. I'm not drinking just yet today. But i just splurge on a four pack of mckellar limited series. Yes very good and brewed with beer. Love them we're also very close to which my gosh dangerous because you're in brooklyn urging walking distance from other half and they have some amazing beers. I probably don't need to tell you. I was just thinking they have on called banana pandemic which you might like as part of their pastry series anyway. It's very easy to drop twenty twenty five dollars on a four pack to ease. It's worse than four beers

Jennifer Jennifer Barrett The New York Times Wall Street Newsweek Matt Brooklyn
Volkswagen's Name Change Joke Didn't Land

Business Wars Daily

03:48 min | 1 d ago

Volkswagen's Name Change Joke Didn't Land

"From brown and business wars daily on this monday april twelfth. Happy started the week. Everyone you know. Who's been having a tough april volkswagen matsue and as you may have that's mostly because they started the month with an april fools joke that fell flatter than a busted tire is started in the last days of march when the automaker quote accidentally unquote released a very serious sounding statement announcing that they'd be changing their name to volts wagon that's volts as in electricity. Now volkswagen's id for is the company's only electric model in the us market so far but the company is planning to build more and said that all future electric models would come emblazoned with their new name volts wagon now in eighty-three rolled company. Suddenly changing. Its moniker is suspicious right. But the name change announcement was so deadpan that it got picked up by the likes of cnbc. The bbc and the verge and all that publicity had an impact on the company's stocks. Volkswagen stock prices rose nearly five percent on the day the statement was released the ap reported but only hours later. A company spokesman confirmed that the name change was an early april. Fool's joke a joke. I should say that didn't quite land sea. Volkswagen isn't exactly held up as a model of corporate transparency. You may remember that in two thousand fifteen. The company installed deceptive software in its vehicles to cheat on government emissions tests that move launched a five-year fiasco. That cost volkswagen thirty. Five billion dollars led to the recall of millions of vehicles so volkswagen's been trying to dust off. Its image since then which makes this joke. Well puzzling to say the least and the us securities and exchange commission doesn't seem to have that much of a sense of humor. Manipulating the stock market is of course illegal. An even though it's not certain that manipulation was the intent behind volkswagen statement. The joke certainly swelled stock prices which could bring regulators knocking. But there's another automaker who's been there done that and is thriving that would be tesla which has in the past straight up to see the public in two thousand eighteen founder elon. Musk tweeted that. He had the funding to take tesla. Private stock prices surged ten percent. But it was later revealed that actually there was no such funding. Musket has company each over twenty million dollars in penalties to the sec. But today it seems like things are working out for tesla their social media the spotlight and their electric models are in last month. Wall street journal columnist dan. Neil took volkswagen the new. Id four for a spin and said tesla has nothing to worry about the id. Four is five years behind the comparable tesla you'll wrote and the engineering betrays a premature rush to market harsh words for volkswagen. Which of course has been angling of late to compete directly with tesla. Both automakers plan to open new european factories for their electric vehicles and volkswagen group

Volkswagen Matsue Tesla Cnbc Brown SEC BBC AP Elon United States Musk Musket Wall Street Journal Neil DAN Volkswagen Group
Business leaders gather to discuss voting law changes

The NashVegas Cafe

00:21 sec | 1 d ago

Business leaders gather to discuss voting law changes

"Over 100, Top corporate execs and business leaders from major airlines, retailers, manufacturers and NFL owner met online today to talk about how they can show their opposition to new voting laws considered in some states and enacted in Georgia. But critics say are designed to restrict voting, especially by minorities. This is, according to various sources, including The Washington Post in Wall Street

NFL Georgia The Washington Post
Over 100 Corporate Leaders Meet to Discuss State Voting Laws

Rush Limbaugh

00:29 sec | 1 d ago

Over 100 Corporate Leaders Meet to Discuss State Voting Laws

"And corporate leaders have gathered online this weekend to discuss what to do in response to changes to some state voting laws, According to various news reports by the Washington Post, Wall Street Journal and others. The leaders numbered more than 100. Including executives from major airlines, retailers and manufacturers, plus at least one NFL owner talking about potential ways to show they oppose the legislation, which has already been signed into law in Georgia and is being considered elsewhere.

Major Airlines Washington Post Wall Street Journal NFL Georgia
Is a Two State Solution Possible in Israel/Palestine?

Jewish History Matters

02:00 min | 2 d ago

Is a Two State Solution Possible in Israel/Palestine?

"The idea that a two state resolution to the israel palestine conflict is no longer possible is not really a new one. It has been after all a quarter century. Since the oslo agreements and pessimism seems to rain but lustick offers too powerful but potentially controversial ideas about the failure of the two state solution. I he places the blame directly on israel's settlement project and its territorial maximalism which has its roots in the history of the entire twentieth century conflict. For instance he points to zev. Jabotinsky is notion of the iron wall. The idea that would only negotiate with jews after they had been defeated which has had the paradoxical outcome that the repeated israeli victories over the decades have emboldened the israeli leadership so they have been less likely to come to the negotiating table. He also emphasizes the collective memory of the holocaust as a profound factor in israeli society. And the pro israel lobby in the us both of which emboldened israel's hawkish parties and make the israelis less likely to negotiate a two state solution. And secondly lustick who once was a proponent of the two state solution now says that it's a distraction from reality. He argues that there is and has long been just one st between the jordan river and the mediterranean sea the pursuit of a two state solution. He posits is an unrealizable dream when the real need is to push for rights and citizenship for all people living in this territory which is effectively one. St

Lustick Israel Jabotinsky Palestine Oslo ZEV Jordan River Mediterranean Sea United States
Texas mayor says things are 'worse' as crisis continues at the border

WBAP Morning News

00:30 sec | 3 d ago

Texas mayor says things are 'worse' as crisis continues at the border

"Of you've all day. Texas Mayor Don McLoughlin says crimes gotten worse since the border crisis, and ever since the Biden administration pause construction on former President Trump's border wall. We have car chases on a daily basis. We have immigrants jumping off trains. We have him coming to town, bellowing out in our schools. It is nonstop over 170,000 migrants came through the U. S southern border the month of March.

Mayor Don Mcloughlin Biden Administration President Trump Texas U.
Britain's Prince Philip Dies at Age 99

Bloomberg Wall Street Week

00:30 sec | 3 d ago

Britain's Prince Philip Dies at Age 99

"Is remembering the late Prince Philip Tired ministrations. Send our condolences to Her Majesty. Queen Elizabeth, the second Loss of Prince Philip. He was a heck of a guy. Husband of Britain's Queen Elizabeth has died at the age of 99 police nationwide are on alert for possible far right. White lives matter Marches this weekend, reports say white supremacist rallies are being talked about and planned online for Sunday in cities that include New York, Fort Worth, Texas and Chicago. In

Prince Philip Queen Elizabeth Britain Fort Worth New York Texas Chicago
China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

Bloomberg Wall Street Week

00:18 sec | 3 d ago

China slaps Alibaba with $2.8 billion fine in anti-monopoly probe

"Slapped a record $2.8 billion fine on Alibaba Group holding and this is after an anti monopoly probe found Alibaba abused its market dominance. Beijing remains intent on reining in its Internet and Fintech giants. It's said to be scrutinizing other parts of billionaire founder Jack Moss empire.

Alibaba Beijing Jack Moss
Amazon workers in Alabama vote not to form a union

Rush Limbaugh

00:13 sec | 4 d ago

Amazon workers in Alabama vote not to form a union

"Forming a union. With 72% of the ballots counted, 71% of the voters voted against joining the retail wholesale in department store union, according to the Wall Street Journal. On Wall Street this afternoon Stocks remained

Wall Street Journal
Northern Ireland leaders seek calm after violence escalates

THE NEWS with Anthony Davis

01:15 min | 4 d ago

Northern Ireland leaders seek calm after violence escalates

"Authorities in northern ireland sought to restore calm on thursday after protestant and catholic. Youths in belfast. Hold bricks fireworks gasoline bombs at police and each other. It was the worst mayhem in a week of street. Violence in the region where britain's exit from the european union has unsettled and uneasy political balance crowds including children as young as twelve or thirteen clashed across a concrete peace wall. In west belfast that separates a british loyalist. Protestant neighborhood from an irish nationalist catholic area. Police fired rubber bullets at the crowd. A nearby city bus was hijacked and set on fire northern ireland to seen sporadic outbreaks of street violence since the nineteen ninety eight. Good friday peace accord ended the troubles decades of catholic-protestant bloodshed over the status of the region. In which more than three thousand people died but police service of northern ireland. Assistant chief constable. Jonathan roberts said the mayhem was at a scale. We have not seen in recent years. He said fifty five police officers had been injured over several nights of disorder. And it was lucky. No one had been seriously hurt or

Ireland West Belfast Belfast European Union Britain Jonathan Roberts
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

03:26 min | 4 d ago

"wall" Discussed on Wall Street Breakfast

"Busters inflation risks recede and tax warning leading. Today is news. The first major unionization drive at an amazon warehouse in the. Us looks set to fail. as results. continue to be tallied at a fulfillment center located in bessemer alabama. With about half of the three thousand. Two hundred. Fifteen ballots counted so far by the national labor relations. Board about seventy percent of amazon employees at vh one have cited against unionization which is will ahead of estimates that forecast somewhat a close race officials will resume counting today when a final outcome could become clear. Bigger picture over the past. Few weeks amazon has pulled out all the stops to try and convince the workers at one that unionization would not be in their favor. It seems like the efforts paid off with included aggressive advertising. Mandatory anti union meetings and sending workers multiple texts per day. Not only did the firm attract new workers to vote against the effort but it also appears to have changed the mindset of workers who were planning to back the union based on the early signs of support needed to trigger the vote in the first place once. The results have been formerly certified by the national labor relations board. There will likely be an appeal from the retail wholesale and department store union the are. Wd issue is already saying that some of amazon's tactics against the union were illegal. For example a dropbox that was placed in the parking lot of the facility could have intimidated workers into thinking that amazon was monitoring the votes and was a direct effort to influence the ballot. Others have pointed to amazon's push to have the county changed the timing of a traffic light leaving the warehouse. Parking lot which the company says was meant to alleviate congestion though union organizers say deprived him of a venue for canvassing workers. What's next some labor experts. Think the union has a pretty strong case with local regulators. Having the power to overturn the vote entirely and grit the union victory. If that were to happen the case could go to washington where amazon could appeal on a national level to the nfl. Or don't expect that easy outcome. The entire process could take another few months in other news. Stocks closed higher on thursday as inflation fears continue to fade as lower bond yields lifted gains for big tech companies. While the ten year treasury rate surged to one point seven seventy six percent at the end of march following a string of strong. Us economic data stoking expectations. The fed could be forced to raise interest rates. Sooner than anticipated. Jay powell appears to be getting as much as across to the population yesterday. The fed chair repeated his view that any upward pressure on prices is transitory was price increases resulting from supply. Chain bottlenecks should eventually resolve themselves bigger. Picture in remarks to the international monetary fund. Powell stated a number of factors. We're putting the nation on track to allow a full reopening of the economy fairly soon. He also expressed concern over long-term labor market scarring and assured continued support for those out of work due to the pandemic an unexpected rise in the number of americans filing new claims for unemployment benefits kept a lid on the wall street buying enthusiasm on thursday but also let investors to.

amazon Jay powell Two hundred Fifteen ballots Powell today bessemer washington Today yesterday thursday first ten year about seventy percent end of march one point first place seven seventy six percent national labor relations board Few weeks
Professor Tom Eisman: The Real Reason Why Startups Fail Now

The Small Business Radio Show

02:11 min | 5 d ago

Professor Tom Eisman: The Real Reason Why Startups Fail Now

"One of the eternal questions in entrepreneurship is why do so many startups fail here with some answers. Is tom eisman. Who's the howard h stevenson professor of business administration the harvard business school and faculty co chair of the arthur rock center for entrepreneurship thomas. Authored more than one hundred s case studies and his writing has appeared in the wall street journal. Harvard business review in forbes. He's the author of a new book called. Why startups failed tom. Welcome to the show area. Thanks for having me well. How have you been surviving through the pandemic. just great it's A great time to write a book and it turns out. I know i'm ready to yeah plenty of quiet time. So why do startups fail. That's the first question we gotta start with sure Startups fail because they run out of money and they can't raise more Which i guess isn't very helpful. It's like the coroner saying This this person died from loss of blood and so it is because i always say that every business fails because they run out of money and i think that's important because so many entrepreneurs don't value cash flow. They keep looking at sales. So i think it is instructive especially protect startups. Where where there's a tolerance for For losing money under the expectation that if you can big enough you're to make some money but but boy If you get in trouble along the way and you can't raise the next round when you when you're burning through cash you you're on the way failure or you don't listen to customers actually help fund your business in those smaller things that perhaps just a service oriented company exactly so do starts fail also because not. Everyone is meant to be an entrepreneur. I think that over the last. I guess since the internet bubble of the early two thousands. We've kind of romanticized. Starting a business as a get rich. Quick scheme i mean we know we think of mark zuckerberg and elon. Musk is it because sometimes the wrong people start businesses yeah. I don't think there's there's no doubt about that. I think some some sizable fraction of of new businesses fail. Because people aren't cut out for it.

Tom Eisman Howard H Stevenson Arthur Rock Center For Entrepr Professor Of Business Administ Harvard Business School The Wall Street Journal TOM Mark Zuckerberg Elon Musk
The Real Reason Why Startups Fail

The Small Business Radio Show

01:41 min | 5 d ago

The Real Reason Why Startups Fail

"Well one of the eternal questions in entrepreneurship is why do so many startups fail here with some answers. Is tom eisman. Who's the howard h stevenson professor of business administration the harvard business school and faculty co chair of the arthur rock center for entrepreneurship thomas. Authored more than one hundred s case studies and his writing has appeared in the wall street journal. Harvard business review in forbes. He's the author of a new book called. Why startups failed tom. Welcome to the show area. Thanks for having me well. How have you been surviving through the pandemic. just great it's A great time to write a book and it turns out. I know i'm ready to yeah plenty of quiet time. So why do startups fail. That's the first question we gotta start with sure Startups fail because they run out of money and they can't raise more Which i guess isn't very helpful. It's like the coroner saying This this person died from loss of blood and so it is because i always say that every business fails because they run out of money and i think that's important because so many entrepreneurs don't value cash flow. They keep looking at sales. So i think it is instructive especially protect startups. Where where there's a tolerance for For losing money under the expectation that if you can big enough you're to make some money but but boy If you get in trouble along the way and you can't raise the next round when you when you're burning through cash you you're on the way failure or you don't listen to customers actually help fund your business in those smaller things that perhaps just a service oriented company exactly

Tom Eisman Howard H Stevenson Arthur Rock Center For Entrepr Professor Of Business Administ Harvard Business School The Wall Street Journal TOM
Coinbase Experiences Brisk User Growth Ahead of IPO

The Breakdown with NLW

01:51 min | 5 d ago

Coinbase Experiences Brisk User Growth Ahead of IPO

"Have to take a minute to go over coin basis. Insane q one numbers. We've always even spending a lot of time here this week. On coin base. They announced the date of their ipo last week. And it is slated for april fourteenth. Now part of the reason they delayed their ipo until q two was so that they could release their q. One numbers and boy were they. Monster in total coin base has over fifty six million verified users. Compare that for example to robin hood's thirteen million active users went from two point. Eight million in q four two thousand twenty to six point one million in q one twenty twenty one trading volume in q one was three hundred and thirty five billion compared to one hundred ninety three billion for all of two thousand twenty and total assets on coin base went from ninety billion to two hundred twenty three billion a one hundred and fifty percent jump quarter over. Quarter the craziest part of that one. And certainly validation of the institutional narrative was that one hundred and twenty two million of that two hundred and twenty three billion overall came from institutions. Now the number that people were most focused on was revenue. Revenue was one point eight billion for the quarter compared to one point three billion for all of last year and something that will be absolutely shocking to wall street. The company actually had a net income of seven hundred and thirty million to eight hundred million. Basically this is exactly what the crypto kids knew was coming but still caught. Many wall street analysts off guard. Da davidson raised their price. Target from one hundred ninety five dollars a share to four hundred forty that price target is a twenty x multiple on twenty twenty one revenue. They had previously estimated six hundred and fourteen million in q one revenue which was obviously about a billion dollars off this price target would put coin bases valuation at a whopping. One hundred and forty-four billion dollars

Robin Hood Da Davidson
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

07:17 min | 2 weeks ago

"wall" Discussed on Wall Street Breakfast

"As the fallout from a hedge fund implosion that rural the stock market on friday moves to its second trading day. Traders will be glued to their screens. One portfolio manager told bloomberg news are k. Goes capital the family office. Run by bill wong that was pushed to liquidate was forced to sell more than twenty billion dollars worth of stocks on friday after margin calls are goes is a biblical word that means prince and it off led to a tumble in viacom. Cbs discovery and chinese internet stocks after a margin call. Bill wong formerly ran tiger asia management. A spin off. From hedge fund legend julian robertson's tiger management financials way on futures. The drop in bank stocks is weighing on stock futures which point to a lower open on wall street. The snp financial sector etf excel f is down one point. Four percent in pre-market trading goldman sachs and morgan stanley moved quickly to exit positions on friday. But others weren't so quick off the mark quote it is unclear why nomura sat on their hands and racked up these large losses and quote an executive at a wall street bank told the financial times crates sweeps warns on profits. Credit suisse shares are down ten percent in swiss trading after the bank said it was forced to exit positions after the arcade capital. Fire sale quote while at this time it is premature to quantify the exact size of the loss resulting from this exit. It could be highly significant and material to our first quarter results notwithstanding the positive trends announced in our trading statement earlier this month according to a statement from credit suisse. It is said that other banks are also in positions. The wall street journal is reporting thirty billion dollars worth of stock sales and adds that deutsche bank was also selling large blocks of stock goldman sachs and morgan. Stanley have also been reported as offering block traits suez canal. Progress be ever given the ship. That has been stranded. In sweats canal for almost a week has been partially refloated. According to shipping officials maritime services provider inchcape shipping services said that the vessel had been refloated at about four thirty am local time in egypt and was being secured. Ten tugboats participated in the refloating operation. Be swiss canal authorities said earlier the breakthrough in the rescue opposed came after diggers removed. Twenty seven thousand cubic meters of sand going deep into the banks of the canal to do so be shipped became stranded in the canal on march twenty third after running aground entering the suez from the red sea bringing one of the world's busiest shipping lanes to a standstill and sparking fears of disruption to world trade. Oil prices have retreated on this news with us crude down zero point eight percent to around sixty dollars and fifty cents a barrel facebook ad rates bounce back. The rates facebook draws from its advertising took a hit in twenty twenty buffeted by headwinds ranging from an industry slump alongside the covid nineteen pandemic to the quote. Stop hate for profit campaign which led hundreds of advertisers to boycott the platform last summer but those rates measured in cost per thousand depression or cpm have returned to pre pandemic levels and are showing continued growth. Back to business as it were the cost of facebook. Advertising is up thirty percent compared to mid march twenty twenty data from. I'll rocket shows. What else is happening. Ten cent music entertainment's board has approved a share buyback program heavily. Shorted g. s. x. Chengdu stock symbol g. s. x. Which sank forty. Two percent on friday may be seen as a victory for shorts who have been critical of the chinese online tutoring company. The past year. Spac see 'em like scientists to backed by activists keith meisters. Corvettes management and life sciences investor cast in capital is reportedly nearing transaction to take protein analysis company. Soma logic public newscorp is reportedly near an agreement to buy consumer arm of educational publisher huffington methylene harcourt for an unspecified sum which could be announced as soon as tomorrow turning to today's markets in asia. The nikkei in japan is seven tenths of one percent higher. We hang sang in. Hong kong is down about zero point. One percent stock markets in china. The shanghai is up about zero point. Five percent in india. Stock markets are closed. Today in europe at midday be footsie in london is down about three tenths of one percent. The cac in paris and dax in frankfurt are both up about zero point two percent futures as of seven thirty a m s and p futures are down about three tenths of one percent. Same as dow futures nasdaq futures are about equal. Gold is down three tenths of one percent. Silver is down. Almost one percent and crude oil has actually rallied back a bit and is up. Eight tenths of one percent to sixty one dollars and forty four cents of barrel. Bitcoin is up one point. Seven percent to fifty seven thousand three hundred and twelve. The ten year treasury yield is up about four basis points to one point six six four percent not much on today's economic calendar we have the dallas fed manufacturing survey at ten thirty and waller of the fed speaks at eleven. Am if you enjoy. Today's podcast. please. Be sure to rate it and review it. Your feedback is greatly appreciated..

julian robertson china Seven percent india Five percent Bill wong Two percent bill wong One percent Eight tenths Ten tugboats japan Four percent ten percent Twenty seven thousand cubic me europe facebook Ten cent london thirty billion dollars
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:12 min | 2 months ago

"wall" Discussed on Wall Street Breakfast

"Bets turns its attention to the sector chemists stocks. Were already having a party. Since the beginning of february given jazz pharmaceuticals seven point. Two billion dollar deal for medical cannabinoid formed. Gw pharma until raise pack to distribute medical cannabis products in the uk canopy growth fiscal q. Three revenue beat also helped boost sentiment while senate majority leader. Chuck schumer unveiled. Plans to forward advance comprehensive cannabis reform legislation latest movement. Premarket tillery ahead. By ten percent. Following a fifty one percent surge on wednesday others are tacking on more big gains like organic graham holdings up fifteen percent adviser. Shares peer cannabis. Etf up thirteen percent aurora cannabis up eleven percent. Cronos group up ten percent. A free up nine percent global x. cannabis etf up nine percent and heck so up. Five percent analysts commentary. It seems that institutional investors are finding pathways to access the us cannabis opportunity despite us operators shares being traded on the esa and us otc markets with relatively limited liquidity wrote stiffle gnp analyst. Andrew partha new. In addition it seems the perceived risk profile stemming from the conflict between federal and state laws which is also narrow the availability of custodians that deal in the industry has not deterred investor enthusiasm as of six twenty pm today. Us futures are all set to open in the green with crude oil gold and bitcoin slightly down on the economic calendar initial jobless claims her out at eight thirty a. m. eastern time. If you enjoyed today's podcast please be sure to rate and review it below. Your feedback is deeply appreciated. That concludes today's wall street breakfast. Thank you for listening for the best. Investment analysis news on the web dot com. Subscribe to this. Podcast on apple podcasts. Google podcasts spotify. Stitcher can sign up for our other podcasts. Behind the idea.

"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:34 min | 2 months ago

"wall" Discussed on Wall Street Breakfast

"Dan ives in our opinion. This is a very bullish signal for the av sector domestically and we believe it is a shot across the ballot tesla and other. Ev players that gm will be aggressively going after these. And it's not just talking the talk with this latest news with the biden green agenda on the horizon we believe other automakers could follow. Gm's lead domestically with tesla continuing to run away with market share in the arms race. In a move that can turn into a publicly traded company more than a year after its. Ipo fail the office. Leasing company is in talks combined with a s pack. The wall street journal reports a deal could value the firm at ten billion. What is not known whether that amount includes deep bill ackman who's pershing square taunting holdings raised. Four billion. last year has pointed out that failed. Ipo is like we work is the reason he chose to form a pack but the company is also received offers for private investment rounds and could choose to stay private instead backdrop after filing ipo paperwork back in august twenty nineteen. We work faced intense scrutiny of its finances and leadership from investors in the media a month later the firm put its ipo on ice ceo and co founder. Adam newman resigned while softbank we works biggest investor took control of the company. The office space providers valuation was then cut to his lowest ten billion from forty seven billion. However in the last year we work as made changes to its corporate governance announced the largest staff cuts and instituted a massive cost cutting drive as it targets positive cash flow in two thousand and twenty one outlook as companies keenly await kobe nineteen vaccines that promised to return staff to the office. A recent survey from the pew research center suggests that won't be so easy more than half of us employees currently working for poem. Say they'd like to keep the remote arrangements beyond the pandemic and one third of those surveyed said they want the option to telework at least sometimes. The transition to remote work could increase the appeal of we works pitched to companies that want satellite offices for their workers or won't space available just a few days per week as of six twenty. Am today us. Futures are also to open in the red with gold crude oil and bitcoin slightly up. on today's economic calendar. Consumer sentiment is out at ten a. m. eastern time. If you enjoyed today's podcast please be sure to rate and review it below. Your feedback is.

Dan ives ten billion Four billion today last year august twenty nineteen two thousand nineteen vaccines ten a. m. eastern time forty seven billion a month later Ipo Adam newman one third twenty one gm softbank Gm than half of us pew
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:10 min | 4 months ago

"wall" Discussed on Wall Street Breakfast

"The two issues that have kept republicans and democrats at an impasse for months. Amazon warehouse workers in alabama. Who want to unionize. We'll be allowed to vote on the matter. The national labor relations board said last month retail wholesale and department store union filed paperwork for an election that would represent fifteen hundred warehouse workers in bessemer alabama amazon though said in its documents filed with the nfl. Rb that the action would actually represent more than five thousand seven hundred employees which means the union likely had fewer than thirty percent of the workers signatures needed for the regulator to oversee the election. The no rb disagreed saying it was administratively satisfied that the threshold was met if the workers vote in favor of the union bessemer would be the first us-based amazon facility with a union adidas plans to invest again in brick and mortar stores even after seeing a booming e-commerce sales during the pandemic and stay at home trends work in its favor. There's no doubt that online has accelerated two to three years into the future. But i actually think if you ask most people there's a big social element about going out and shopping and just seeing and feeling the products again stated. Ceo casper worsted in a cnbc interview. The german company plans to announce connects march details on where it will add stores at how many there are some hints that the stores could be aligned closely with the ecommerce business. Adidas is coming off a fifty one percent increase in online sales in q. Three and a ninety three percent pop in q two for further year. Adidas forecast churning up to four point nine billion of online sales bark box. A startup offering a monthly subscription for dogs will go public the merger with special purpose acquisition company northern star acquisitions core the wall street journal reports. The deal is valued at one point. Six billion including debt and northern star is expected to raise four hundred fifty. four million. The move is not only the latest in the pet world where pandemic spending on pets has led to recent success for petco returning.

department store union amazon alabama national labor relations board Adidas bessemer Ceo casper worsted nfl cnbc northern star acquisitions us the wall street journal petco
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

01:42 min | 4 months ago

"wall" Discussed on Wall Street Breakfast

"Us in a youth authorities are also reviewing the vaccine alongside rival products developed barbara derna and a collaboration between oxford university and drugmaker astrazeneca in other news. Over in the us hospitals are rushing to firm up plans for deciding which high priority groups can receive the covid nineteen vaccine. I with initial supplies widely expected to fall short december vaccine deliveries are forecast to be for about twenty million people. According to federal officials slightly less than twenty four million needed to vaccinate all frontline medical professionals and long-term care residents president trump is meanwhile expected to sign on america first executive order today designed to ensure that us efforts to assist other countries in vaccinating their populations against covid nineteen take on a lower priority than domestic inaugurations. The vaccine summit at the white house will also feature talks with administration officials and drug distributors. Who will discuss the process of reviewing vaccine candidates and distributing them just days before the fda's expected to authorize a promising vaccine made by pfizer. Can your boss fire you. If you refuse to get a kobe vaccine. Yes but there may be a few exceptions medical reasons. If the workforce is unionized or taking it as against a sincerely held religious belief. Roughly four in ten americans say they would definitely or probably not get a vaccine. According to a recent survey by pew research to achieve herd immunity experts. Say that about seventy percent of the population needs to be vaccinated or have natural antibodies. What do increasing service disruptions on trading platforms like robin hood.

barbara derna drugmaker astrazeneca us oxford university trump white house pfizer fda kobe pew research robin hood
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

03:56 min | 4 months ago

"wall" Discussed on Wall Street Breakfast

"Thirtieth. And i'm your host. Steve brown our top stories today. Mammoth merger on tap as snp global. Deers forty four. Billion dollar deal with ihs market shop sets record for its black friday sales topping two point. Four billion and airbnb endured target higher than expected valuations ahead of ipo's leading today's news. Snp global is in advanced talks to acquire ihs market for about forty four billion and a landmark deal that could be announced as soon as according to a wall street journal report. Financial data has been a boom business over the past couple of decades with sap global rising to an eighty two billion dollar market cap and ihs market to thirty seven billion s and p's acquisition of ihs market would be the largest of the year topping in videos approximately forty billion dollar purchase of arm holdings and the approximately forty billion dollar deal between nippon telegraph and telephone and a subsidiary in other news shop of i announced saturday. That black friday sales were up seventy five percent year over year hitting two point four billion from its independent and direct to consumer brands in just a single day merchants around the world produce more than eighty percent of the sales of the entire holiday shopping weekend last year said chiappa vice president finkelstein who a few days earlier had also said that the company was gearing up for a busy weekend as sales remained. Red hot chef. I said the top categories including apparel and accessories health and beauty and home and garden stocks to watch central garden and pet ulta lowe's home depot and l. brands airbnb endured. S are both set to begin. Roadshow's this week and are planning for. Ipo valuations that exceed previous estimates. The wall street journal reports airbnb is targeting as much as thirty three billion versus a previous thirty billion while door dash is hoping for up to twenty eight billion versus twenty five billion previously. Both companies are on track to list their shares in mid december which is usually a quiet month for offerings the to. Ipo's would top off a year in which a record amount of money was raised from new issues on us. Exchanges as booming tech valuations lured away of private companies to public markets. More than one hundred and forty billion has been raised year to date in three hundred eighty three. Ipo's on us exchanges exceeding the previous full year record set during the dotcom. Boom nineteen ninety nine according to d. logic data dating back to nineteen ninety-five door dash and airbnb has not just survived but thrived during the pandemic as more people have ordered meals to be delivered rather than go to restaurants and people preferred printing houses for vacations on longer term stays rather than staying in hotels. Chinese regulators have granted tesla the okay to sell its shanghai made bottle wise sport utility vehicle in china reuters reports. That's permission tesla was reported earlier this month to be seeking and it had expanded production capacity accordingly at the shanghai factory which it makes its model three sedans. The ministry of industry and information technology granted its approval on monday. According to the report the trump administration is about to add china's biggest chipmaker semiconductor manufacturing international and oil and gas producer. Cnooc to a blacklist that charges the companies have military ties reuters reports a trump. Executive order means the. Us investors would be prevented from buying securities of the blacklisted companies. Starting late next year the list has grown to thirty five names with the addition of these two and china construction technology and china international engineering consulting corp. but reuters says the administration is closer to declaring eighty nine..

ihs market airbnb nippon telegraph chiappa vice president finkelstein wall street journal Steve brown central garden ulta lowe tesla Ipo ministry of industry and infor trump administration reuters china
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:51 min | 7 months ago

"wall" Discussed on Wall Street Breakfast

"Was dance favorite in two thousand nineteen but has drawn heavy criticism for those saying it's sexualize young girls. The company had apologized over a cuties poster back in August but says, the show is a social commentary against the sexualization of young children. While Netflix, shares fell nearly four percent on Thursday. The trajectory generally mirrored the broader Nasdaq market and the stock is up one point four percent in pre-market trade. In other news. Dogged by political controversies and negative reviews. Disney's two hundred, million dollar live action. Remake of lawn is headed for a week premiere in China Today. pre-sales for tickets stood at about eight point, two, million yuan or one point two billion dollars according to my own entertainment, which is less than one six of the opening day local box office collections for tenant by Warner Brothers. Disney partly created Moulana to woo audiences in China, but the film has now become a magnet for political attacks. The studio film some of the will be in Jinjiang where China is accused of committing rights abuses against billions of we are. Muslims while lead actress. Louis fee has publicly supported the police crackdown in Hong Kong. The NFL regular season kicked off last night with the defending super bowl champions, Kansas City chiefs beating the Houston Texas thirty. Four, twenty. National Audience Impressions might be even higher this year according to Moffett Nathanson which cited the relative lack of competing programming and changes in viewing habits not to mention a public starved of live sports and twenty twenty. A look at the networks broadcast schedule suggests Fox may benefit from the best matchups followed by NBC and CBS while Espn trails badly on that count. Futures are trading higher once again with the Dow up two hundred, sixteen points and s and p five hundred and Nasdaq ahead by one percent and one point four percent respectively following abolish. On Thursday that saw the recent tech selloff resume. Market liquidity remains thin and this can leave stocks vulnerable to exaggerated moves around big options trades according to j. p. Morgan Chase, and company investors also remained worried that valuations may have been stretched too far. On the economic calendar today, the US labor. Department. is expected to report that consumer prices increase point three percent in August following point six percent rise in July. It'll either be closed up or sell it. President Trump told reporters there will be no extension of the tick tock deadline. There isn't much time before the September fifteenth cutoff date meaning deal would have to be announced in the next few days to prevent shutdown. Suitors including Oracle and a team of Microsoft and Walmart have reportedly been discussing four ways to structure an acquisition from parent.

China Disney twenty twenty Netflix Moffett Nathanson Warner Brothers President Trump Jinjiang Hong Kong Oracle NFL Espn Morgan Chase US Walmart Texas Louis
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01:13 min | 10 months ago

Expand 2 - 10:23 - Episode 2 - 16:00 07-07-2020 16:00 - burst 1

"All of the world twenty-four hours a day and bloomberg.com on the Bloomberg business app and Bloomberg quick take is Bloomberg Radio losing Bell. Wrong with the world headquarters on Charlotte, There was a down day on Wall Street Stock slumped Airlines and hotels particularly hard hit amid signs at World economy has a long way to go get back on track down for the closing bell at the New York Stock Exchange almost four shares fell on the S&P 500 index for everyone the gained the tech-heavy NASDAQ gauges dropped off a record intraday high in the afternoon a losing session there at or near session lows has some peace about 34 points down 1.1% NASDAQ retreating from yesterday the record down eighty nine point to drop of nine tenths of 1% the downtown 396 points down one and a half percent lot of those losses really coming in the past fifteen minutes of trading the year of 12 30 seconds with the yield of .63% gold of twelve dollars an ounce of $0.07 1% $17.90 an ounce and West Texas intermediate crude down to 7:10 to 1% off.

Bloomberg Radio Losing Bell Bloomberg New York Stock Exchange Charlotte West Texas
Expand 3 - 10:23 - Episode 2 - 16:00 07-07-2020 16:00 - burst 1

Test RSS - 1

00:52 sec | 10 months ago

Expand 3 - 10:23 - Episode 2 - 16:00 07-07-2020 16:00 - burst 1

"All of the world twenty-four hours a day and bloomberg.com on the Bloomberg business app and Bloomberg quick take is Bloomberg Radio losing Bell. Wrong with the world headquarters on Charlotte, There was a down day on Wall Street Stock slumped Airlines and hotels particularly hard hit amid signs at World economy has a long way to go get back on track down for the closing bell at the New York Stock Exchange almost four shares fell on the S&P 500 index for everyone the gained the tech-heavy NASDAQ gauges dropped off a record intraday high in the afternoon a losing session there at or near session lows has some peace about 34 points down 1.1% NASDAQ retreating from yesterday the record down eighty nine point to drop of nine tenths of 1% the downtown

Bloomberg Radio Losing Bell Bloomberg Charlotte New York Stock Exchange
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

03:28 min | 11 months ago

"wall" Discussed on Wall Street Breakfast

"Space. Faring nation Boeing begins laughs and Wall Street. Looking to continue Tuesday's rally leading today's news. Us ambitions to reclaim independence as a space. Faring nation will be on display this afternoon as astronauts Douglas Hurley and Robert Benkin are set into space from American soil for the first time since two thousand and eleven space x Crew Dragon beat Boeing Star liner to the finish line for today's four thirty three. Pm Liftoff in a chance to become the first private company to fly humans into orbit. All the teams are go said Nastase Kathy. Looters as odds of acceptable launch weather improved to sixty percent besides NASA's commercial crew program the mission to the ISS could herald an upcoming era of space travel in which private businesses ferry humans to low earth orbit and beyond in other market news while airline stocks soared as much as sixteen percent on Tuesday as restrictions were eased. Unsocial activity and travel. The positivity is not stopping some s layoffs. In the industry Boeing is set to announce about twenty five hundred voluntary laughs at Seattle area commercial. Airplanes division in the first phase of broader cuts triggered by the coronavirus pandemic company executives said last month that the US planemaker planned to shed about ten percent of its one hundred and sixty thousand. Strong global workforce this year. Wall Street is looking continue. Tuesday's rally as US Stock Index Futures. Point gains of more than one percent at the open stocks surged yesterday an optimism about economies reopening and the potential development of Corona Virus. Vaccine while sentiment also got a boost from the reopening of the New York Stock Exchanges Famed Trading Floor Senate Majority Leader Mitch. Mcconnell further said Congress will probably have to pass another corona virus relief. Bill and will decide whether to do so in the coming weeks. The Treasury Department could impose controls on transactions and freeze assets of Chinese officials and businesses for implementing a new National Security Law that brings into question one country two systems other measures under consideration include visa restrictions for Chinese Communist Party officials sources told Bloomberg the Hang Seng Index slipped point six percent overnight as president trump said. He believes Hong Kong will lose. Its status as Asia's financial hub if the new law proceeds Spain is expediting the first nationwide basic income project. A pre-electoral promised that's been accelerated. Due to the coronavirus pandemic with one of the highest levels of unemployment in the eurozone the basic income is meant to reach eight hundred and fifty thousand households and two and a half million poorer citizens. Details are being ironed out in parliament this week. But government officials have said. The minimum amount and adult will receive. We'll be about half the minimum wage which is just over a thousand euro per month. Amazon is in advanced. Talks to acquire Zouk in a move that would expand the company's reach in a Thomas Vehicle Technology The Wall Street Journal reports. The companies are discussing a deal that would values oops at less than the three point. Two billion achieved in a funding round in two thousand eighteen. According to that report Zouk has been working to develop the hardware and software needed to create electric powered robot taxes that would be summoned by a smartphone APP. Starting this year via a partnership with clothing and accessories reseller threat up Walmart will offer nearly.

Us Boeing Zouk Wall Street Journal Boeing Star Douglas Hurley trump Nastase Kathy NASA Chinese Communist Party Asia Trading Floor Senate Majority Walmart New York Seattle Amazon Robert Benkin Congress ISS Bill
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

05:48 min | 11 months ago

"wall" Discussed on Wall Street Breakfast

"Top story following the pro democracy protests that rocked Hong Kong Twenty nineteen China detailed new national security legislation on the city that would clamp down on dissent with opposition lawmakers warning the territory status as an international financial center would be in jeopardy any effort to impose national security legislation. That does not reflect. The will of the people of Hong Kong would be highly stabilizing the US State Department declared stocks in Hong Kong split. Five point six percent overnight. The law is expected to pass. China's National People's Congress before the end of its annual session on May twenty second in a sign of the uncertainty facing its economy China scrapped. Its annual growth target for the first time since it began the practice in nineteen ninety four due to the global epidemic situation in economic in trade situation. The country's economy shrank six point. Eight percent in q one. The first contraction in decades setting a a somber tone to this year's annual parlementary meeting remarks from Premier Li Ki Kong also addressed dealings abroad. We will work with the United States to implement the phase one China. Us economic and Trade Agreement as five hundred futures are down another point. Five percents ahead of Memorial Day weekend with the latest tensions between the US and China on display Beijing detailed new national security legislation for Hong Kong as mentioned before prompting American lawmakers to propose a bill that would essentially sanctioned any Chinese officials that enforce such a lot stocks closed lower on Thursday but initially posting. Broad gains is president trump announced. The economy would not shut again. If a second wave of coronavirus hits while Treasury Secretary Steven Mnuchin said there was a strong likelihood of another stimulus package emergency rules from the FDA March it loosely approved many corona virus antibody tests as the covid nineteen pandemic spread in the US the agency now following up on those regulations twenty seven serological tests have been removed from the FDA list and while more than half were from China attest by Becton Dickinson distributed with partner Bio Madama. Domic's also got the boot by Mavericks has completed development of second generation of the tests and intends to submit a new you a application to the FDA wants the second generation has successfully completed. All validation testing Becton Dickinson said in a statement. Ibm is not disclosing. The scale of expected layoffs the Wall Street Journal sources say they could affect several thousand people including it's Global Technology Services Division which offers it outsourcing. It's the first major staff reduction under new. Ceo Arvind Krishna. Who's trying to revive growth of the company last month? Ibm took a nine hundred million dollar charge against earnings largely to cover restructuring costs linked to GTS. Facebook is shifting permanently toward more remote work as it looks to recover from covid. Nineteen pandemic. Ceo Mark Zuckerberg told employees on Thursday that Markson expansion of a previous stance that employees could work from home at least for the rest of twenty twenty a move topped by twitter which granted the option indefinitely. Facebook plans building. Three NEW HUBS IN ATLANTA DALLAS DENVER. Where remote workers in those areas could've convene to foster community marking its biggest investment in Asia today K. R. is putting one point five billion dollars in Reliance Industries Gio platforms bring? The amount of new fund raised by the ladder over the past month to ten billion dollars combined stake of just over seventeen percent was raised five fundraising deals by facebook with other recent investors including General Atlantic Silver Lake in Vista Equity Partners. The deal highlights geos potential to become the dominant player in. India's digital economy via movies music APPS and telecoms venture. Jio Infocomm hurts is at loggerheads with a key group of creditors before a deadline today to cut a deal over miss debt payments Bloomberg reports. The car rental company is running out of time to either extend a forbearance agreement or make around four hundred million dollars of lease payments. And if no deal is reached hurts may need to seek bankruptcy protection. There's also a chance top shareholder Carl icahn could swoop in at the last minute to protect one point. Six billion dollar investment now worth about one hundred seventy million dollars Argentina set for its ninth sovereign debt default today talks with creditors to restructure sixty five billion dollars in foreign debt. Took a positive course. That's according to Economy Minister Martine Guzman. Who declined to comment on whether the government would make around five hundred million dollars in bond payments? They're still important distance to cover. He added but all sides are at the table trying to find a solution in other news. You can read about on seeking Alpha today. Federal Reserve Balance Sheet Grows to seven point. Oh four trillion dollars. Us Oil Fund is told by a broker to stop buying oil futures macy's forecasts a one billion dollar operating loss for twenty twenty pretty much. No one is going to Macau Amazon plans to hire fifty thousand temp workers in India to meet a surge in demand Heineken. Ceo Leaves for the Chairman Role at Vodafone. Nissan is reported to be considering twenty thousand job. Cuts and General Motors starts to reopen plants in Mexico in earnings best buy closed down four point four percent on lower sales levels while teach companies closed up nearly seven percent yesterday after saying seeing strong sales in its reopenings as six twenty m today. Gold is up nearly percent while overseas markets and US futures are all down that concludes..

China Hong Kong United States Facebook Ibm Ceo US State Department FDA Premier Li Ki Kong India Ceo Mark Zuckerberg Becton Dickinson Us Oil Fund Congress Wall Street Journal Carl icahn Nissan
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

06:24 min | 1 year ago

"wall" Discussed on Wall Street Breakfast

"Morning today is March thirteenth. I'm Dan Schwartzman Interest Brown and this is Wall Street breakfast volatilities. Returning to Wall Street. After the major averages suffered their worst sessions since the Black. Monday market crash in nineteen eighty seven yesterday. Dow Futures started the night indicating a further opening loss of seven hundred points at the. Lowes but are now pointing to gain of nine hundred points while S. and P. Five Hundred. Nasdaq futures are ahead by four point. Three four point seven percent respectively corona virus uncertainty quickly morphed into panic on Thursday as the S&P five hundred plummeted nine point five percent joining the Dow which fell twenty three hundred points in a bear market. The plunge also highlighted the diminishing ability stimulus to dampen shock waves as the Fed announced over one trillion dollars in repo operations on ECB expanded its asset purchase program by one hundred twenty billion euros circuit breakers were triggered in many exchanges across Asia overnight following the worst day for Wall Street since nineteen eighty seven though thing settled out somewhat by the end of the session. The Nikkei closed six percent lower after falling as much as ten percent. The KOSPI was off three point. Four percent every hitting a low of eight point four percent in Australia's asx two hundred reverse course to gain four point four percent after sinking more than eight percent. European stocks jumped four percent of the open Friday amid temporary short selling bans and pledges from France to support state-backed firms though the gains still paled in comparison to the record-setting declines in the previous session despite a five percent rise this morning to thirty three dollars a barrel crude oil is set to record a nearly twenty one percent. Drop this week Martin. Worst week since the financial crisis oil is down almost fifty percent year to date justice. Travel bans canceled events in other coronas disruptions demand Russian. The Saudis are also digging deeper in their oil price war even safe haven assets such as gold and bonds were ditch to cover losses in yesterday's wipeout while Bitcoin fell as much as fifty percent in two days. Traders expect the Fed to cut rates by one hundred basis points at its March meeting. Which would bring the Federal Funds Target Range? Two zero two point two five percent from one to one point two five percent. Currently the CME Fed watch tool puts the probability of a one percentage point rate cut at eighty six point seven percent verse fifty point two percent a day ago and zero percent a week ago. Bank stocks reflected that expectation trading on Thursday with the financial select sector spider. Etf sinking eleven percent. New York City has declared a state of emergency choosing to ban events over five hundred people including closing Broadway theaters. The Supreme Court building is now closed to the public major league. Baseball has delayed the regular season by at least two weeks and the NCAA has cancelled march madness. Canadian Prime Minister Justin Trudeau will also remain in isolation for two weeks after his wife Sophie tested positive for the virus in some better news. All of Apple's forty two stores in China reopened today without a lifeline from governments. We will have a sectoral financial crisis. According to the International Air Transport Association which called for extending lines of credit to airlines reducing infrastructure costs and cutting taxes. The last week estimated that the crisis could wipe out some one hundred thirteen billion dollars of industry revenue forecast that did not include the US clamp down on European travel quote. There's a heightened concern. There will be increased airline bankruptcies in twenty twenty given the fallout from the corona virus at Cowan analyst Helene. Becker we expect some governments to step in to help some airlines but ultimately we expect more airlines to fail this year than last year. Millions more Americans are expected to work from home as employers increasingly issued telecommute directives due to the corona virus as a result. At and T. Is Waving data over fees for all home Internet users who are not currently on unlimited data plans while comcast said it would up the data speeds on the Internet Service? It offers too low income customers verizon similarly announced it would boost its capital guidance range from seventeen to eighteen billion dollars to seventy point five to eighteen point five billion dollars in twenty twenty two accelerate its quote transition to five G and help support the economy during this period of disruption new Disney. Ceo Bob Shape. Pack is facing his first major challenge as follow from the corona virus affects many areas of the company and announced Thursday. The closure of Disneyland Disney California adventure from March fourteenth through the end of the month. A Walt Disneyworld is shuttering until April. The firm is also likely to take a hit at the box office Milan. The new mutants and antlers have been pulled off Disney's film scheduled for now impacting. Eighteen ships carnival is halting all ship operations for Princess cruises for sixty days due to the corona virus while this is a difficult business decision. We firmly believe it is the right one and his in alignment with our company's core values. Ceo John Schwartz declared rest assured the long-serving dedicated professionals at our company will make best use of this time to prepare Princess Cruises Fleet cruise ships for successful return to operations in other news. Amazon tells all of its employees to work from home if they can walgreens and kroger limit some product purchases. The Pentagon asked for time to reconsider the jet cloud contract decision. Washington State repeals a Boeing tax break L. Brands appoints a new board chair to replace Leslie. Wexner Altria sees jewel co-founder exit. The board a Microsoft cancels its in-person build conference. There were some key earnings reports yesterday. Broadcom dropped nearly ten percent after reporting a rare profit. Miss Oracle rose four point four percent after hours on strong cloud demand and work from home play favorite slack. Technologies dropped nearly twenty percent despite beating estimates as of six twenty am. Today the Nikkei is down six percent but European markets in US futures as well as crude. Oil Are.

Fed Disney US Dow Futures Dan Schwartzman Interest Brown Broadcom Princess cruises Disneyland Disney California Australia Ceo John Schwartz Baseball New York City Lowes France Asia
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:43 min | 1 year ago

"wall" Discussed on Wall Street Breakfast

"The Central Bank has only another percentage point or one hundred basis points left to ease until it hits zero triggering some speculation of quantitative easing. Meanwhile there was huge demand in the repo market with the New York Fed's overnight and fourteen day operations totaling one hundred and twenty billion it had hoped to reduce its bill purchases and Q. Two but certainty over the corona virus could require the Fed to prolong its balance sheet expansion. The European Central Bank and the Bank of England are likely to announce stimulus measures in the coming days after the. Us Fed surprised with the large emergency rate cut. The could introduce special puts targeting small and medium enterprises hit by the crisis with looser terms and conditions than other open market operations added. Frederick Dirk Rosette senior economist at Pictet wealth management the ECB is also providing other types of stimulus to the euro zone via an open ended bond purchase program and cheaper funding for banks companies ranging from Google and twitter to indeed J. P. Morgan have asked many of their employees to work from home to help. Prevent the spread of the corona virus Italy seventy-nine disc two thousand five hundred and two cases is now the worst affected country from the corona virus outside Asia overtaking in terms of the number of fatalities and infections from the virus who added that the corona virus death rate is three point four percent globally higher than previously thought and compared to the one percent affected by seasonal flu but it doesn't spread as efficiently as influenza with about forty employees working on the project. Takeda Pharmaceutical is joining Gilead Sciences and abby as the latest drugmaker to work on developing a corona virus vaccine the experimental drug would be derived from the blood of Corona virus patients who have recovered from the respiratory disease. While we don't know for sure that it will work we think it's definitely a relevant asset. That could help here said Dr Rajiv Venkaiah President of Takeda's Vaccines Business in a move to appease regulators facebook has decided on a scaled back approach to its libra digital currency. The information reports the company would offer digital versions of government backed currencies notably the US dollar and euro alongside. It's libra token which would be a sized. Even though Lieber we'll be supported in its wallet and while facebook will still launch digital wallet allowing purchases and transfers. It will delay that timetable by several months. Target share slipped three percent on Tuesday after comparable sales rose one point five percent in q four to fall short of the consensus expectation..

New York Fed European Central Bank facebook Takeda Pharmaceutical US Bank of England Frederick Dirk Rosette Dr Rajiv Venkaiah Pictet Takeda Italy Lieber Gilead Sciences senior economist J. P. Morgan Asia Google twitter
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:41 min | 1 year ago

"wall" Discussed on Wall Street Breakfast

"Eleventh hour bailout from Softbank Bank after three weeks into the job. ECB President Christine lagarde called for governments to invest more in a new European policy. Mix Monetary on a ferry policy. Should be the only game in town. She added stating the Central Bank will undertake strategic review in the near future uncertainties impacting euro-zone growth have also proven to be he more persistent than expected. An increasing trade. Seeing during decades of globalization is no longer an absolute certainty following three days of slight losses his US stock index futures are up two percent hoping to break out of the recent trend amid whip sawing expectations overreaching phase one of a trade deal China's China's president. Gee said overnight. He wants to resolve core concerns but is not afraid to fight back while the Wall Street Journal reported that Beijing extended an invite to. US officials for a new round face to face talks mixed PMI readings out of Europe. Further suggested the reason slowdown may have stabilized. Though it's unlikely to pick up significantly in the near term with little time to spare before a midnight deadline president trump signed a short-term spending bill into law funding the government through December twentieth that gives lawmakers makers more time to strike a long-term appropriations deal Congress already passed a two year agreement to set budget levels and suspend the US debt ceiling but lawmakers still need to approve where and how the money gets spent House Democrats in the trump administration failed to reach an agreement on US MCA during a meeting on Thursday House Ways and Means Committee Committee chairman. Richard Neal said the two sides may progress however and it's still possible. Congress could vote on the trade agreement by the end of the year. Mexico has already ratified the deal while Canada's it's waiting to move in tandem with the US institutional trench and retail subscriptions to the Saudi Aramco IPO have reached nearly nineteen point five billion million in less than a week according to Samba capital this demonstrates the confidence of Investors Vice-chairman radio declared adding that the levels are unprecedented scale. They also suggest about ninety percent of the institutional part of the deal is covered and forty six percent of the retail trench. Boeing has subtle more than half of the hundred and eighteen claims related to the fatal lion aircrash involving a seven thirty seven. Max Aircraft Crashes that ultimately grounded. The jet earlier cases in September were settled for at least one point. Two million claim sources told Reuters at the time Clifford Law offices which represents families of victims from the second Ethiopian. aircrash Said said one hundred. Three lawsuits have been filed against Boeing. So far with thirty more cases expected to be filed soon as of six twenty. Am today us. Futures futures.

US President Christine lagarde Boeing Congress Gee ECB Softbank Bank Wall Street Journal Richard Neal Beijing China Means Committee Committee Europe Reuters trump Mexico Saudi Aramco
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

04:28 min | 1 year ago

"wall" Discussed on Wall Street Breakfast

"US stock indexes as reports suggest the trump administration is weighing whether to drop existing tariffs on one hundred twelve billion dollars of Chinese imports that introduced at a fifteen percent rate on September. First the DOW S and P five hundred and Nasdaq are ahead by point. Four percent as the concession is seen as pausing using the U. S. China trade war phase one of the pact would include Chinese purchases of American farm goods rules to deter currency manipulation and some provisions is to protect intellectual property and open up Chinese industries to US firms in other news China's yuan has strengthened past the seven per dollar mark for the first time since August as the US ways rolling back tariffs on one hundred twelve billion of Chinese imports. The move if confirmed can be regarded as a turning point in the U. S. China trade war according to Ken Chung a Mizuho Currency Strategist many had feared the troubled past the psychologically important level of seven even threatened to unleash a whole new front in trade hostilities. A currency war with roughly two point four trillion imprison bills outstanding standing and daily turnover over around ninety five billion dollars. The bill market has substantial capacity to support our activity and we expect to be able to maintain the current pace of treasury treasury bill purchases for some time said Lord Logan who is the acting leader of the markets desk at the New York Fed so far reserved management purchase operations. It's have proceeded smoothly. She added noting that the Fed is prepared to adjust the pace and other parameters of the reserve management purchases as necessary uber. Shares tumbled nearly six percent late Monday after reporting another mega one point two billion dollar loss though. CEO Derek Carr's Rochon. He expects the company will be it I D- Ta Profitable in two thousand twenty one as it improves. Global scale and efficiency through technology and automation next up as Peleton which will release its. It's first quarterly report since going public before the opening bell path the profitability while analysts are expecting the exercise equipment maker to post a loss of forty eighty cents per share. The street is still bullish on the stock. The we work debacle is leading Softbank to adopt tougher governance standards as the Japanese. His group aims to reduce the outside control of startup founders and restore competence in the companies. It backs under consideration are restrictions on dual class share structures board Lord seats and voting rights. Softbank is also set to write down at least five billion today. Due to a slump in the value of we work as well as some other top holdings bringing it into their fifty seven year old joint venture Xerox has agreed to sell its twenty five percent stake in the Business Fuji Film as part of a deal that will bring the company any total proceeds of two point three billion dollars it will also dismiss a lawsuit filed by Fujifilm against Xerox and comes more than a year and a half after the two agreed to combine in a complex transaction that was sunk by shareholders. Carl ICAHN and Darwin Diesen the breakup of the JV and the dismissing of the suit could free both companies in east to make needed strategic shifts. Xerox is up three point. Eight percent pre-market. Everything seemed to be going well at the thirty fifth. ASEA THE IN summit after seven years of talks to conclude the regional comprehensive economic partnership until India announced its withdrawal from the trade deal. This reflects both our assessment of the current global situation as well as the fairness and balance of the agreement said. Vj takur seeing a diplomat in charge of East Asian relations for India movie gone the remaining fifteen countries will continue working towards the pack that would cover nearly a third of the world's GDP while China announced that. India is welcome to join the ourselves whenever it's ready. The outlook for global growth at least in the short and medium-term has been revised down repeatedly over the past year as US tight oil shale in particular again outperformed expectations OPEC wrote in its closely-watched annual world oil outlook as a result the fourteen remember rip lowered. Its outlook numbers for global oil demand. Growth Two hundred four point eight million barrels per day by two thousand twenty four and one hundred ten point. Six million bpd by twenty forty OPEC's production of crude oil and other liquids is also expected to decline to thirty two point. Eight million. Bpd By twenty twenty four compared with thirty five billion VP.

"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

02:42 min | 1 year ago

"wall" Discussed on Wall Street Breakfast

"And welcome to Health Wall Street breakfast your daily source of market news. GM's bottom line leading today's news the financial markets have priced in basis point rate cut by the federal route January thirty first two thousand twenty reports the BBC EU Council President Donald Tusk tweeted that the block is allowing for flex tension which means that the UK can leave before most of which will show up this quarter production at thirty plants will ramp back up as soon as possible in order to recoup the lost production of three hundred thousand cars and no Sir of the movie to outside investors during development now that the film is the number one rated R. movie of all time with a seven hundred eight million dollar gross and counting it wishes weakness in the manufacturing sector for a weary global economy and the US China trade war may not be likes to worry about at least in the near term reports the Wall Street Journal forecasting firm manufacturing represents about eleven percent of domestic output.

Wall Street Journal President Donald Tusk BBC EU Council GM UK China seven hundred eight million do eleven percent
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

06:49 min | 1 year ago

"wall" Discussed on Wall Street Breakfast

"Welcome to seek him off his Wall Street breakfast. Your daily source of market news and analysis subscribe to this podcast on apple podcast Google podcasts spotify stitcher good morning today is Thursday September Twelfth Year listening to seeking out the leader in market news and analysis. I'M MARINA SHERYL IN FOR Steve Brown and this is Wall Street breakfast first our top stories today another wave of easiness ahead starting with the CB Dow Jones Industrial Average is primed for a seven day winning streak and jewel is entering China amid a US crackdown on vaping leading today's news. The Fun Begins Today with E. C. Then shifts to a likely fed rate cut next Wednesday as well as additional stimulus from the Bank of Japan and Swiss National Bank in the coming week. Today also marks the final stand for Mario Draghi who had hoped to close at his eight-year your term. ECB president with a modest increase investors are instead pricing impossible restart of the Central Banks Q. Program and deeper negative interest rates in a final attempt to ignite growth and inflation across the euro zone in recent years. The region has been plagued by a myriad of political challenges brexit uncertainty and the ongoing in trade war between Washington and Beijing in other market news the Dow Jones Industrial Average is primed for a seven day winning streak as president trump offered it goodwill gesture to China on tariffs suggesting potential progress in October talks. US futures gained on the move which will delay increase tariffs from twenty five percent to thirty eighty percent on two hundred and fifty billion worth of goods by two weeks. Caution is still in the air while such de-escalation intentions between the two countries is welcomed. It's it's still difficult to see both sides reaching any real resolution anytime soon so said Fitch's James McCormack oil paired in earlier earlier slump as the US postponed China tariff increases by two weeks while traders continue to watch the World Energy Congress in Abu Dhabi for any headlines that could move prices OPEC plus is scheduled to hold its ministerial monitoring committee meeting on the sidelines of the conference that includes Saudi Arabia's new oil minister to achieve market stability. It's important we sustain a high level of cohesiveness so said Prince Abdulaziz Bin Salman ahead of the gathering the set in its closely-watched monthly report whom Shell production has allowed the US to close in on and briefly overtake Saudi Arabia as the world's top oil exporter it comes at a time when the US is actively pursuing energy dominance putting downward pressure on prices at a time when the market is already struggling to cope with too much supply the installation elation of the necessary pipelines and terminals is continuing pace which will ensure that the trend continues rising food and fuel prices and disruption option of cross-border financial services are among the possible consequences of no deal brexit according to a secret file the UK government was forced to publish on Wednesday evening. The content of the five page document code-named Operation Yellowhammer is similar to the plan leaked last month to the Sunday Times but was dismissed by the government as out of date eight where that paper was described as a base case the new file claims to be quote a worst case scenario turning out to stops six the trump administration is prepping a ban and flavored e cigarettes as federal agencies probe an outbreak of a lung problem that killed at least six people and reportedly led to the sickness of hundreds of others amid a crackdown on vaping in the US Julius entering China with online storefronts on e commerce sites owned by Alibaba and JD COM more trouble in the smokes fear British American Tobacco is axion over two thousand employees globally by January in a move that will impact over twenty percent of its senior roles purdue Pharma has secured support from twenty three states and thousands of local governments for a multi-billion dollar deal that could enable the drugmaker to resolve much of the opioid we litigated faces through plan bankruptcy restructuring the Wall Street Journal reported resolving the entirety of litigation at once has proved challenging and the settlement it's still faces strong opposition the deal would see produce owners the sackler family contribute three billion over several years and potentially another one and a half billion or more as well as exiting the company which would emerge from bankruptcy run by trustees tasked with paint the claims anheuser Busch is continuing to explore an IPO in Hong Hong Kong of its Asia Pacific Unit Budweiser Brewing Company eight-pack two months after pulled the plan listing the world's largest brewer was aiming to sell as much as nine point in a billion in budweiser stock then offloaded its Australian subsidiary for eleven point three billion to seek relief from heavy debt burden an aggressive spending spree in recent years. I left the Belgium brewer with more than one hundred billion in debt at a time when beer sales are slowing worldwide losing majority control of the oil and gas company General Electric will reduce its ownership in Baker Hughes to thirty eight point four percent from just over fifty percent by June aiming to score two point seven billion in the process. It's raising the amount through a public offering of one hundred and fifteen million Baker Hughes Class A shares priced at twenty one fifty each and through a private sale of two two hundred fifty million clasby Baker shares. Ge expects to continue divesting the remainder of the oilfield services provider olding over time other market headlines Watch for on seeking Alpha groupon pursuing purchase that could include yelp Walmart unlimited grocery delivery goes nationwide Toyota biota testing solar powered press smile direct clubs said to price IPO above range blackstone closes biggest ever twenty and a half billion real estate funds funds Yahoo Japan takes three point seven billion stake in fashion etailers Gozo and Aramco taking careful steps over IPO legal risk risk as of six twenty am today stock futures gold and Bitcoin are all up while crude is down in key earnings news Aurora Cannabis's is down over ten percent after posting weak earnings guidance yesterday and on the Economic Calendar Watch for initial jobless claims at eight thirty that that concludes today's Wall Street breakfast thanks so much for listening for the best investment analysis and news on the web go seeking dot com subscribe to this podcast Google play apple podcast soundcloud spotify or stitcher. You can sign up for

US China apple Google president Saudi Arabia Mario Draghi Prince Abdulaziz Bin Salman ECB Bank of Japan Wall Street Journal Baker Hughes Abu Dhabi Swiss National Bank groupon Japan Toyota Washington
"wall" Discussed on Wall Street Breakfast

Wall Street Breakfast

01:50 min | 2 years ago

"wall" Discussed on Wall Street Breakfast

"Gains in store for Wall Street with Dow futures up by one hundred and twenty points and the s&p five hundred and NASDAQ ahead by over point five percent. The advanced comes despite the latest trade war comments from President Trump, who said that Chinese president Xi Jinping did not attend the g twenty meeting later this month, there would quote the mmediately be additional duties levied on Chinese goods, will the China deal is going to work out, you know why because of tariffs he told CNBC quote right now. China is getting absolutely decimated by companies that are leaving China going to other countries including our own because they don't wanna pay the tariffs. In other news, congress will begin its scrutiny of America's tech giants this afternoon amid growing discomfort in Washington over the power that the company's wheeled over the industry and public life, an inaugural hearing by the House Judiciary committee will analyze anti-competitive practices among silicon valley's biggest names, starting with a look at the impact of their platforms on news, content the media, and the spread of misinformation online. The committee has already put Amazon, Google Facebook, and apple on alert, and members made clear that the tech giant's will go under the microscope. Tesla is gearing up for its annual shareholder meeting set to kick off today at five thirty PM eastern time amid recent wild stock fluctuations, driven by sudden sentiment changes on Wall Street, this year shareholders will consider the reelection of two board members new equity incentive and an employee stock purchase plan as well as recertification of the companies outside accounting firm, a public policy committee and a proposed simple majority rule to replace the current supermajority after swinging to a loss in key one Elon Musk insisted that the company will return to profitability in the second half of twenty nineteen meaning investors.

House Judiciary committee China Xi Jinping President Elon Musk CNBC Tesla Trump Amazon Washington Facebook congress apple Google America five percent