Good jobs number, decent ism bob pisani has more. We are starting to break the new narrative out there that were going to have a slowdown in 2020. Remember, the recession narrative have gone away, worries of three, four, five months ago, no more. Gdp is 1 to 2 now economic numbers are starting to suggest maybe the slowdown narrative is not a good narrative any more were taking the edge off the slowdown narrative thats why things are moving up. We not only have a strong jobs market, markedly strong revisions people werent anticipating then weak manufacturing. But new orders were generally good still 49, above expectations thats what youre looking for, new orders stock market is a discounting mechanism for future stream of earnings represented by the new orders ism not getting worse, thats the key. Heres what you need to think about. What will it take to move the market higher, another 5 to 10 . Three things very important. First off, see bond yields move up more. Good sign of modest ref
Details on those devices and more like the apple watch series five. And linking up. We get an exclusive check in with linkedin ceo jeff weiner. His thoughts on the Company Three years after microsoft acquired the website. We begin with one of our top stories this week. Oracle announced wednesday that the ceo is taking a leave of absence for health reasons. They disclosed the move along with Quarterly Earnings a day earlier than results were scheduled to be released. The company did not specify what issues hurd faces or how long hes leave will be, but the executive chairman Larry Ellison released a statement saying quote oracle has an extremely capable cfo and a deep team of executives with long tenure. We will cover marks responsibilities during his absence with support from the rest of our strong management team. To discuss, i spoke with a Bloomberg Intelligence Senior Analyst and our Global Executive editor tom giles. As far as his leave, there have been signs that he may not be unwe
It will cost a consumer about five dollars a month. How the price and content stacks up against other streaming content companies. And the hits keep coming. Mutual fund giant fidelity reduced its wework valuation by 34 in march, adding to the Office Rental companys preipo woes. But first to our top story, it was a big day for apple as the tech giant launched its newest hardware at its annual Product Launch in cupertino, california. Among the new items, a new apple watch and a lowcost ipad, not to mention announcements tied to its new services, apple tv plus and apple arcade. But as always, all eyes were focused on the freshest versions of the iphone. This is the iphone 11 pro, and these are the most powerful and most advanced iphones we have ever built in a stunning new design. Taylor apple unveiled the iphone 11, the iphone 11 pro, and the iphone 11 promax. The iphone 11 is about 50 cheaper than the iphone xr, coming in at around 700. The iphone 11 pro will still hit the same 1100 mar
Until next year before they get their new car. Check out this quote from ceo elon musk. Ceo of tesla. It says we can accepted april roaster to the asteroid belt, we can probably solve model 3 production. Tesla announced in report at one point they had 500,000 customers on a waiting libs for the electric car that starts at 35,000 before incentives. Last night some of the people have taken to twitter complaining tesla has notified them delivery might be delayed nine months. Even until 2019. Musk didnt say whether the company will meet its goal in making 10,000 model 3s per week at some point. Reservations remain stable despite the delays. From the start of this year. Well see what happens today when the markets open at 6 30 this morning. Reporting live in san jose, matt keller, abc 7 news. Its 6 03 now. Napa county plans to sue pg e to recover costs linked to the north bay wildfires. According to the napa valley register, the suit has not been filed. Attorneys have speculated that downed
Mrk blockbuster breaking records before it even hits the big screen with soaring reviews, exciting kids across the country. Will it be one of the biggest blockbusters ever . And we do say good morning, america. Great to have everybody with us this thursday morning and you know whos going to be really having a great time . The people of philadelphia. Theyre already gearing up for their super bowl parade. That right there is a live look. Thousands of people already packing in to celebrate the eagles. They expect 2 Million People to be there so schools and the government are shut down. So they can celebrate together, the first ever super bowl win. They deserve it. We have a lot more on that coming up. Extra long weekend in philly. Thats right. We start out with the firestorm in the white house. One of president trumps top aides has resigned after two exwives have come forward with abuse allegations. Staff secretary rob porter is denying their claims and now Big Questions. Why was he allow