Up 67 from its march low after what was a run the new high. You have sales force, youve got apple, microsoft some of the tech titans all under pressure thank you very much i like the fnew angle on the house. We have the market angles as well rick is looking at the bond market where its rebounding bob, lets start with you. Remember, we could go either way right now. Remember yesterday look at the s p. Around 11 00 we bottomed what we have is a good example of of shooting the last eight trading sessions for tesla, 400 eight days ago it goaes to 500 and back to 400 thats a complete round trip and overshoot on the downside as i mentioned before same thing with nvidia it was 500 five or six trading sessions ago goes to 580 and back down to 500 and below that. You can overshoot on the downside theres the s p there. You tend to overshoot on the downside as for the megacaps, a little perspective of whats going on its true that microsoft was down 7 to 8 this week its up 33 for the year this is
And two fairly uneventful president ial debates, uneventful on social media, that is. Twitter is out with a new label that flags tweets that break the rules. The move might even make President Donald Trump walk a fine line on the social site. Tesla, it set a new record for quarterly vehicle deliveries. On tuesday, tesla handed over 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. This all due to accelerated shipments to europe and china and u. S. Consumers rushing to buy model 3 sedans before a federal tax credit shrank in half. C. E. O. Elon musk told employees in an internal memo last week that the company was close to setting an alltime record, urging them to go all out in the last few days of june. We caught up with morningstar analyst David Winston and greg trudell on tuesday. On the model 3 side, you have to separate the lineup. On the model 3 side, this quarter was just a blowout quarter and, i think, exceeds everybodys ex
Are already baked into the market how many times did the chattering classes tell us the moves been made youd be a fool to start buy now. After another good day where the dow gained 99 points and the s p climbed 4. 64 and the new highs across the board, who looks foolish now . Baked in my derriere. Clean this up a little were all going to die look, every morning i peruse every morning i peruse the Research Published by major wall street firms you get a mixture of ten upgrades and five downgrades and most often you get a price target boost because the stock has overrun the projections. Thats about as bullish as it normally gets. Today, though, today, i counted 29 upgrades of significance and two downgrades, two baked in baked in are you kidding me baked in i am done with that i am done with hearing about baked in this is the official bakedin cake, and i am taking care of it right now. Thank you steady cam producer for my boeing knife. Why are we getting these upgrades oh, im on a diet im
Acted upon the recommendation of mr. Rosenstine and mr. Sessions with whom he had met on monday evening, who then put their recommendations in writing. He said that he had made up his mind to fire mr. Comey before those gentlemen had met, number one. And number two, that he was basically not following their recommendations. He was acting on his own, so that raises some questions. The question of turmoil in the ranks of the fbi, something that has been raised several times and the president raised right there, was knocked down today on capitol hill by acting director mccabe who said that mr. Comey had the very strong support of the majority of the rank in file at the fbi. He certainly painted a very different picture of that. Reasonable minds obviously can disagree and from where the president the attorney general and the Deputy Attorney general sat they may have come to different conclusions on that but certainly that would be another sort of series of questions that i expect youll hea
His First Official trip overseas. Global news 24 hours a day, powered by 2600 journalists in 120 countries. Im Alisa Parenti. This is bloomberg. Bloomberg technology is next. Carolyn im Caroline Hyde. This is Bloomberg Technology. The manchester terror attack brings the battle over encryption front and center. A snapchat snapshot. Why muddy waters founder says snap may be a short. Billion bets 4 on invidia. The chip makers successful entry into the automotive market. First, lets get some fresh news straight out of washington. The Congressional Budget Office is just out to claire revised plan to repeal and replace part of the Affordable Care act. It reportedly reduce the federal deficit over the next 10 years and that is 32, billion less than an earlier version of the legislation. Lets head to the white house with the reporter. Shannon, remind us how this particular legislation, the undoing of obamacare was different from the original. On people may remember we did have a Congressional