Road cbs and viacom finally inked a merger deal. We speak to buy comes a ceo about synergies and the road ahead. And chinese Online Retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ideas with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three Mass Shootings in the united states. Cloudflare stop providing services after el paso, texas, less than two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate, though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been some sources who were askin
The American Economy slowing, but not as bad as expected will it affect the feds next move and have stocks already priced in a friendly fed plus a big upgrade on the big banks, buffett making a play too. Is it time to get bullish on the financials the Halftime Report starts right now. It is good to have you with us on this friday. Not as hot a friday as it was last weekend our Investment Committee today, joe, stephanie, zarod, josh brown and ron. I havent this many friends around me in a long, long time. Since high school thats good. Yeah. The s p 500 record highs nasdaq and nasdaq 100 hitting new alltime highs as well with the fang trade front and center. Lets start with amazon versus alphabet who wants to talk alphabet sure. Go. I mean, i own it. It was a very good quarter i think that google sites growing 21 , Constant Currency up from 19 from last quarter shows you last quarter was the aberration you didnt see this massive deceleration that was lasting. Thats good to see a resell r
Exports after withdrawing from the landmark 2015 nuclear deal between iran and several world powers. Overall deaths in the United States likely fell last year for the first time in three decades. New preliminary statistics from the centers for Disease Control been Overdose Deaths have falling each year since 1990, topping 70,000 in 2017. Still, the overdose death rate higher than it was a generation ago. Global news, 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton, this is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Amber and live from toronto, im amber kammer, in for amanda lang. Shery here are the stories we are following from around the world. Low rates claim another bank victim. Mrs. , following its pr squeeze by a flat yield curve. Now netflix set to report earnings after the bell. How about company will grapple with losing some of its most popular sho
Thank you, bill, for coming. For about 20 years, you have been the wealthiest man in the world. Because you have given away so much money recently, jeff bezoss became wealthier. Do think if you had stayed in college [laughter] you dont feel an adequate, inadequate, right . Bill i havent given the money away fast enough to drop out of the top 10. And the market has been strong. Host microsoft is up 35 this year. To what do you attribute that . Bill the company is doing well. We have a great ceo. The importance of software has really come true. The five most valuable companies are Technology Companies. I get to spend 1 6 of my time at microsoft. Host you said the biggest mistake you made professionally was that microsoft should have the android technology. Bill we were in the field of doing operating systems for personal computers. Mobile phones were very popular. We were doing windows mobile. We missed being the dominant mobile operator by a tiny amount. We didnt assign the best people
Technological innovation and philanthropy. This is just under an hour. Thank you. So, we have bill gates. Thank you very much for coming. [laughter] [applause] you have years or so, been the wealthiest man in the world. Because you have given so much money away recently, jeff bezos became wealthier. D think if you had stayed in college and gotten your college degree, you dont feel inadequate now, is that right . It is a sign that i have not given the money away fast enough to drop out of the top 10. The market has been strong. Year. Oft is up 35 this to what do you attribute that . Bill the company is doing well. We have a great ceo. The importance of software has really come true. The five most valuable companies are technology companies. Microsoft has a good share of that. I get to spend 1 6 of my time at microsoft. Host you said the biggest mistake you made professionally was that microsoft should have the android technology. Why was that the biggest mistake . Bill when you are in a