Abigail the s p 500 clearly outperforming, up 23 , on pace for its best year since 2013. The Energy Sector is a positive at this point this year but up 6 . Looking at beatendown sectors to get some ketchup potential. Energy is one of them. Some traders are going that way on the day. Renita im taking a look at marble technologies, which is rising to its highest since august, upgraded to outperform from market perform at wells fargo. Gary mobley says he has seen a we exhibition in the Data Center Capital expenditures. To put it in perspective, the stock is up more than 65 so far this year. He says marble is seeing robust demand for components from 5g base stations to nokia and samsung. That the company can generate 600 million in 5g customers. Its they also expect to see this demand for 2019 and 2020. Taylor i am looking at shares of uber. Set theing enough, lyft bar pretty high last week after they had pretty tough top and bottom lines. The pressure is on now really uber as they look to
Tech companies from amazon to netflix are being targeted in a campaign from a large group of investors calling for transparency in Environmental Impact. Can corporations take the lead on stability . Facebook is launching a cryptocurrency called libra. Social media giant wants you to think of it like the u. S. Dollar but a currency you can use globally, if it is successful. Libra is known as a stable coin, a Digital Currency backed by government supported currencies and securities. It is the culmination of a yearlong effort as facebook seeks to spur growth on various platforms that count more than 2 billion users. Spotify, stripe, uber, visa, mastercard are among almost 30 Companies Supporting the project. Will this make it to the mainstream or will it be another overhyped facebook product that never quite takes off . One lawmaker has an opinion. Senator Sherrod Brown tweeted, facebook is already too big and too powerful and uses data to exploit privacy. We cannot allow facebook to run