After todays magnificent run the dow gaining and s p gaining and nasdaq 1. 5 maybe we shouldnt lend so much credence next time some indicator flashes red when tenyear treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid thats no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual Large Companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic and sold everything, you got burned thats the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. Ups delivers hundreds of amazon boxes every day and tell it to the geeks at visa and mastercard or apple where the Service Revenue stream keeps growing the companies are seeing a sign
Applico liquidations as prices fall. We look at what is behind bitcoins volatile moves. Gearing up to be the biggest ipo of the year. Chipmaker arm is set to line up 28 banks for Public Offering. We will bring you the latest on the company and who else is arguing the ipo. Its been a volatile week for markets. Abigail doolittle, you do it so well. Abigail we have had stocks all over the map. Apple flipping to the upside, down earlier sharply, weighing on major indexes when they were down across the board more than. 5 . At this point, apple is up slightly. We have heaviness on the market from other big tech names like nvidia, microsoft, and metaplatforms. Nvidia will be reporting next week. Will the stock that is up more than 190 on the week, will the results really deliver what investors are looking for relative to ai. The week is certainly risk off. Stocks down for a third week in a row. The nasdaq 100 is down 2. 4 . Its off of the lows at the lows we were heading to the worst week sin
Okay, i think we will end on this is all the time we have for the session. I want to thank nerve the and, of course, our wonderful panelists for we heard a lot about drug prices and very different opinions which i alwaysru appreciate andi want to welcome kevin barren back to the stage to introduce our next conversation. [applause] afternoon, everyone. My name is ben leonard and im a healthcare reporte im really excited to sit down with representative kelly from illinois today. Thank you so much to everyone for coming today. We have a ton to dig into and we just heard from a group of panelists about a lot of the innovation thats happening in terms of science and medicine and representative kelly, great to speak to you about that. Recently launched the caucus, cochairs that and she serves on the energy and commerce subcommittee and she also chairs the correctional black caucus. Into from Artificial Intelligence to weight loss drugs to Maternal Health so lets jump right in. Abouaucus you
The long run. Is that a fair argument . Mr. Rains it is fair to say that. It is not just a health care system, it is the workplace, it is a lot of other areas of our economy that it could impact. I wish there was an economical way to do that, to where the state budget could be introduced reimbursed and all those fun things we like to talk about. But that is not necessarily reality. But we definitely see the benefits. Ms. Schumaker that is all the time that we have for the session. Audience, online, and our wonderful panelists. We have heard a lot about drug pricing ends so very different opinions, which i always appreciate. And i want to welcome kevin back to the stage to introduce our our next conversation. [applause] good afternoon, everyone. My name is ben leonard and im a healthcare reporter. Im really excited to sit down with representative kelly from illinois today. Thank you so much to e coming t. We have a ton to dig into and we just heard from a group of panelists about a lot
The eighth. Are you ready for a really nice friday . I am hoping for one. Lets just do a repeat of yesterday. Lets do that. Well, steves right here. Its cold, but itll be nicee weekend, thats for sure. A lot of 30 showing up here. Have it n good authority. Its 36 and palo alto 37. There are many. I mean, i think the coldest i saw was orinda and Boulder Creek at 35. Maybe youre backyard thermometers. Cold. Enjoy today. Get out and do what you have to ride the bike. Play tennis, pickleball, golf, whatever because that system will swing in tomorrow for increasing clouds. But you can cover me in sunshine today because thats what well have only a few patches of fog. Pretty good breeze in the hills, but it will be sunny for all 60s on the temps, a few pushing the mid upper 60s. All right. I dont think he the desk, but maybe he could. Friday lights still or something new. It is friday light and i think after some of the commutes we had this week, steve, some oe more day because it looks great