Did the ecommerce giants 800 Million Investment into one day delivery pay off in the latest Earnings Report . Details, ahead. And twitter misses thirdquarter revenue estimates. We find out why new user growth did not translate into ad sales. Facebook dominated the week in tech with Ceo Mark Zuckerberg defending his social network before u. S. Congress on wednesday. What was scheduled as a hearing on the Cryptocurrency Libra also included issues like antitrust and privacy. Is it a currency . Are you a bank . What is this association . It is a very complex project. And as you say, it is risky. Do you consider libra to be money . I consider libra to be a Payment System. So its like me having my money in wells fargo bank. You could think about it that way. Although, the we are not a bank, we are not applying for a bank charter. But that is the problem. That is the problem. Thats what were facing here. We are not going to launch the libra Payment System here or anywhere else around the worl
President and trails everything single one of them between 3 and 10 points, stu. Shes not looking like a savior. We shouldnt be surprised when our government tells us things that are not accurate that they try to hide documents. That shouldnt surprise us. Judge granting a verdict and effectively throwing the case out. Donald trump is talking to the average american thats been forgotten for so long and going to order them. Stuart the thunderstorm has passed and a drop of rain on want lens of new york city. 11 00 eastern, thursday, may 23rd. To the markets, please. The dow is down 275 points. Very few winners amongst the dow 30. Mostly theyre losers. Boeing, who else is down . Boeing, travelers, mcdonalds, theyre all down quite sharply. Show me big tech. We have nvidia at the top of the list doing extremely well. Its up 90, 9. 5 after a stellar Earnings Report late yesterday and microsoft at 431 up a fraction, 58cents and alphabet, apple, amazon on the downside. The 10year treasury yield
Lets not talk about markets. Lets talk about single stocks we are basically focused on the single stock and of the spectrum. Look at the stoxx 600. Going nowhere in a hurry certainly. Deutsche bank delivers. Deutsches is up by 7 . The Software Company during very well. The single stock stories is really where the action is right now. Is there anything that joins them together . Can we derive a narrative for what we see in the screen in front of us . Alix the divergence between google and microsoft in the Stock Performance is striking. Google is down 8 , almost 9 . It is bringing down the s p, worst performing stock within the s p. You have the underlying earnings as a specific google thing that is moving. The indices is getting hit pretty hard. Microsoft and tmobile makeup from it for it on the tech side. Yields are already up by five basis points. It is probably not helping the macro sentiment. What is them to read through . Then what . What is our take away from that . Guy i am start
Questions being asked at this weeks Global Ai Safety Summit in south korea. The second of its kind, it is co hosted with britain after the inaugural event in november last year at Bletchley Park near london. Francine bennett is interim director at the Ada Lovelace Institute an independent Research Institute specialising in al and is in south korea for this summit. A very warm welcome to the programme. So first of all, what will be achieved in seoul, do you think . Do you think . Well, thats a aood do you think . Well, thats a good question. Do you think . Well, thats a good question. I do you think . Well, thats a good question. I hope do you think . Well, thats a good question. I hope what| do you think . Well, thats a good question. I hope what will be achieved in seoul is moving on from the conversation from the Bletchley Summit Last year. So we had some really good initial conversations there, and i think what wasnt to see is shaping the development of this, potentially very new te
Neighbour, azerbaijan. The Iranian Foreign minister was also killed, along with everyone else on board. The cause of the crash has not yet been established. Lets speak to our bbc persian reporter, Bahman Kalbassi in new york. Hejoins us now he joins us now from hejoins us now from new he joins us now from new york. Good to see you. Talk us through then today, whats happening and when . The through then today, whats happening and when . The body of mr president happening and when . The body of mr president raisi happening and when . The body of mr president raisi and happening and when . The body of mr president raisi and foreign mr president raisi and Foreign Minister and others in the team are first inter breeze, in North Western iran and going to take iran and then to the city of gone, religious city and then to the northeast of iran where he will finally be buried, we had been established his power before entering the office of presidency. So, so its a sort of central religious city