Pretty hot space survey monkey is in this space as well being able to collect data not just from the world at large, but customers, btoc, part of this whole transformation we keep talking about leslie picker will have the ceo later on in the hour got to start with microsoft, though, this morning, obviously beating the street on the top and the bottom line, upping its guidance and widening its lead jon, you know the Company Really better than anyone are you impressed at this point, at least with growth in cloud . I am, carl, because cloud has become at once so important and then nonsensical at the same time it used to be, you said cloud, you sort of knew what people were talking about oh, its those servers that are out there that are storing enough now cloud has become such a mainstream enterprise story. You have to ask questions two, three layers deep to figure out exactly what is the company talking about when they talk about cloud . Do they really have a fundamental technology are th
Quiet morning as far as weather goes so far abundant sunshine you saw at the bay bridge and you can see it over as well. Looking out at the horizon, not really a cloud in the sky to be seen. So skies are going to remain nice and clear throughout much of the day today as we work our way through the forecast we are going to see winds picking up into the afternoon. Thats really good going to be the only thing that interrupts what is otherwise going to be a pretty pleasant. One ahead of us. Some 60s for your highs in San Francisco 70s and oakland well, san jose in the 80s, im talking more about some cooler temperatures in the next couple of days still to come james. Thank you john new this morning. A new report finds that Violent Crime on barges up more than a 115 over the last 5 years including robberies. And aggravated assaults, a grand jury report finds the agencies also facing some Serious Problems when it comes to keeping its ridership the report shows bar last 8 of its ridership sinc
Chinas exports fall for a Third Straight month because of slower Global Demand while imports plunge in a new blow to the nations economic recovery. Moodys lowers Credit Ratings for 10 regional u. S. Banks and says it may downgrade major lenders. Plus, the bears are not hitting up yet. Marko kolanovic is still avoiding stocks while mike wilson says it is to risk too risky to look past a downturn. It is not sending people into 30 year yield. The selloff has continued. Video 30 year yield climbed seven basis points. Germany saw the same thing happen. We are avoiding duration but will we come back into it . Goldman sachs says it is overdone and based off information that we already know. It is based off of Credit Ratings. We knew the deficit situation in the u. S. And we knew the auction would be bigger than the u. S. And will come this week. The 30 year option happens on thursday but even so, yields are moving higher. The bond selloff is easy a little this morning. Even so, the yield curv
Tell those guys, there may people. Before we get to the markets take a look at yellow truck down about 25 . It has been gyrated wildly since last week on news that it would file for bankruptcy and today that happened, the stock is at 2. 67 but it morphed into a mean stock that Retail Investors are playing very heavily. This month alone is pop 55 with jawdropping selloffs and quarter to date it has soared 283 , Charlie Gasparino is looking at the funds he is back he has some news on who needs to stand to lose and when. Even if you dont own the stock. Lets get to the market after the worst week of march, the flipping the script and given the role of protagonist to the bulls at this hour as we kick off the final 59 minutes of trade, Dow Jones Industrial of 405 points. The dow lost 393 points total last week driven by the fitch downgrade of the credit worthiness from aaa to aa plus. Along with investors with the Quarterly Report those losses and raced we are up we are not down like we were
First of all, that a. I. Fueled boom, dell shares surging. Nasdaq coming off its First Closing high in more than two years. And ray dalio down plays talk of a tech bubble. Plus new York Community bank corp. Is warning of Material Weakness in its accounting, and its dragging down a number of other Regional Banks. That bank stock is also down sharply. Suboptimal situation. And in the land of lawsuits, elon musk, suing openai, accusing it of putting profit before humanity. Didnt you ask him about this . I did. I did. And well cover that. But first, lets get to the markets. Obviously, a new month. Happy march. Yes. February, obviously, we had a nice run of things. Jeff marks, my partner for the investing club, happy birthday. Happy birthday. Not mine this time. What do you want to talk about as we look ahead to the month of march . Whats in your mind . I want to obviously get to the dell earnings in a minute, but just give me your overall take on where we are and where were headed. Sure. I