Points s p sitting at 60 or so points above its low. Were watching a whole bunch of Different Levels today notwithstanding the bottom right hand corner, thats the yield on the tenyear note, 2. 85. Its been higher than that today. That, joe, seems to be the focus of attention that level about a fouryear high as it creeps apparently ever closer to 3 . Yes and i think the market right now has this paradigm shift where we are going from remember the new normal, everyone was talking about the new normal were going back to the normal and i think thats exactly what the markets right now are trying to understand. Were not really going to get any insight on fed chair powells feelings about the market until he goes before guess and the senate i think he does that february 28th and march 1st we need some certainty what is he fighting is he fighting what other fed chairs over the last couple of years have wanted to fight, which is deflation, or is he now fighting inflation we dont know what hes fi
Performing restorations. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Parenti. Sa this is bloomberg. Bloomberg technology is next. Emily im emily chang, and this is bloomberg technology. Coming up, twitters ceo makes his exit. While the top job at sophia. Ceo plans to put ahead. Ehailing giant s, countries ushering in companies ushering in the next tech breakthrough. Twitter Cielo Anthony Noto has resigned to the ceo position at social finance, or so fi. Hes played a leading role at the company and has his work cut out for him at sofi when he takes over in march. He will fill a Leadership Void after fallout from accusations of sexual harassment. For more on how this all went down, we are joined by Bloomberg News tech reporter selina wang. How did this all play out . How big a loss is this for twitter . Reporter they certainly delivers a blow for twitter, especially at the beginnings of their early turnaround strategy. They a
Package for elon musk if he hits some key benchmark netflix is opening at an all time high. Hastin hastings last night on the earnings call. As long as we are able to continue which we can measure in viewing hours and things like that and asking our customers to help us fund that at higher levels as reasonable if we want to gain relative values for the customers then we would not be changing prices domestic better, q 1 guidance is better. Margin growth, they give it to the critics who gave bright the hard time that was the best part of the call Pay Attention to google trends and rotten tomatoes. It was all about notion of commercials verses statistics. They use a nice blend of algorithm deciding whether you like it and decide whether it appeals to you and not to the mask concer towards the Conference Call, theyre talking about 5 millions to the max mere. One of the things thats incredible was they talked about bright. It did well in the u. S. But it is the rest of the world they have a
A shakeup for the Leadership Team at twitter. The ceo has resigned from the company to take the ceo position at a fintech startup. He has his work cut out for him. He will fill a Leadership Void that has existed since the cofounder resigned as ceo last year, amid accusations of Sexual Harassment. We got all the details from selina wang. That delivers a blow to twitter, especially just at the very early beginnings of their turnaround strategy. Several analysts upgraded their company. They are finally showing revenue and user growth. Noto did put in place much of the structure they needed to continue this turnaround. Some sources have said that this could provide a Good Opportunity for jackson. He and noto havent always agreed on product division. This could be a way for him to pursue other paths that havent been possible. Emily there was a tweet. One of my favorite commentaries is that twitter now has three interns and a parttime ceo. Lets lets talk about the logistics. Do they keep the
Panels effective february 7th, the result of a months long investigation by the bipartisan trade commission on washing machines, nonu. S. Importers will be charged 20 to 50 per unit depending on the volume of the products they are importing. Goldman sachs estimates the price tag a shopper will see will raise anywhere between 8 to 20 in the absence of these highvolume cheap products from overseas the administration on solar panels is adding a 30 levy. It declines over time and it will benefit u. S. Manufacturers. But companies that install solar panels will see their prices increase that led South Carolina congressman mark sanford to call the tariffs shortsighted and said his state would lose over 7,000 jobs in the Solar Industry as a direct result of these tariffs. This afternoon at the white house, President Trump said he expected the move would create jobs our companies will not be taken advantage of anymore and our workers are going to have lots of really great jobs with products th