Plus, infamous short seller andrew has a new target. Why he thinks the bitcoin is one of the most dangerous trades in the market apple making it official sending out invites for the big iphone 8 unveiling with the stock up 10 just in the last month, will it be a news event we start off with drugs and money. Health care, the best forming record, now the second biggest sector of the s p 500. Big pharma, and big biotech, check out moves in the names like pfizer, bristolmyers, eli lily, plus gilead continue their run. So is health care where you want to be right now . Which is the better bet . Big pharma or big biotech . I got myself in trouble last time no, no, i permit you to answer the question open its a is it a plug . Yes i think we sell. Biotech over regular tech. Its proven to be right at least for 24 hours but weve got to whittle it down ill play the whittle it down game with you. At this point in the cycle, i would go big cap pharma. Not to suggest that biotech is done by any stre
Recognizable names in the Tech Industry. For decades. We will bring you an exclusive interview with michael dell. First to our lead, the worlds most valuable startup may be going public sooner than we think. The new boss at uber met his new employees and he outlined some of his Top Priorities at the job including coming up with a new set of Core Principles and bringing in a new chairman to help implement the agenda. The of the calm some of com team and tweeted out remarks. In his own words, the company has to change. What got us here is not going to take us to the next level. In the meantime, Travis Kalanick has already expressed interest in returning to a more active role in the company which could create a potentially awkward dynamic that the new boss will have to manage. In the meantime, it was all smiles at the new board meeting. As Arianna Huffington shared this. We spoke with our bloomberg tech reporter, eric newcomer, and our global head of technology to find out what else happe
We will bring you an exclusive interview with michael dell. First to our lead, the worlds most valuable startup may be going public sooner than we think. The new boss at uber met his new employees and he outlined some of his Top Priorities at the job including coming up with a new set of Core Principles and bringing in a new chairman to help implement the agenda. Some of the com team and tweeted out remarks. In his own words, the company has to change. What got us here is not going to take us to the next level. In the meantime, Travis Kalanick has already expressed interest in returning to a more active role in the company which could create a potentially awkward dynamic that the new boss will have to manage. In the meantime, it was all smiles at the new board meeting. As Arianna Huffington shared this. We spoke with our bloomberg tech reporter, eric newcomer, and our global head of technology to find out what else happened at that meeting. There were jokes celebrating travis role at t
Over the Iran Nuclear Deal. Fox news reporting President Trump will not recertify that deal later this week. Blake burman live from the white house. Were going to ask also dick cheneys former middle east adviser whether no deal is really better than a bad deal . And tax reform, well, we knew that would be complicated. But rumbling inside the beltway at this hour that reform might be too complicated. Will congress simply resort to simple tax cuts . Forget the reforms . Really . Representative tom reed, republican of new york on whether the gop will cry uncle on real reform. On wall street, as carly simon would say, anticipation. Here comes Third Quarter he didnt season. Were less than an hour to the closing bell on this 10th anniversary of the launch of the fox business network. Lets start the countdown. Liz and we do have this breaking news. At any moment, were expecting President Trump to welcome stanley cup champions Pittsburgh Penguins. The team about to be honored at the white hous
David lets get an update from outside of the Business World with emma. Emma in spain, the government may begin the process of suspending catalonia within rules. Spain rejected the president s response to demands he clarifying his position on independence. Earlier today, he told the Prime Minister he has a mandate to declare independence but wants to have negotiations first. In austria, voters have turned to the right for 31yearold foreign minister to become the world east youngest leader of a government. He claimed campaign after a victory after the campaign took on migration. It may make austria a more prickly ally for germany. And in iraq, troops have moved over to take over oil fields from kurdish forces. It sees the refineries. And the Regional Government last month the kurds held a referendum that backs independence. Global needs, 24 hours a day, powered by more than 2700 journalists in more than 127 countries. Im emmanuel macron. This is bloomberg. Emma chanda. This is bloomberg.