Celebrities like lynn arctic caprio and Kim Kardashian. Newly Public Companies newly Public Tech Companies roaring out of the gate. Frog closing j with huge gains and ceos join us. President trump is expected to give a press conference any moment at the white house and we will bring you headlines from that event. News tumbling out by the minute with oracles bid for tiktok. Moments ago bloomberg learned the following about the terms of the deal. That oracle would happen all of tiktoks u. S. User data in this scenario and oversee all of tiktoks u. S. Technical operations. Oracle would be able to check source code to prevent backdoors. Tiktoks u. S. Board would be approved by the u. S. Government and oracle would create, they say, 20,000 new jobs through tiktok operations. Joining us to talk about how it has impacted markets, we have bloombergs sarah ponczek. Lets start with the fed decision and how it rippled across the markets today . Sarah we have a lot of moving parts but when it come
The bottom of the hour. He is traveling today in wisconsin, talking about the economy and jobs. For now, the Postal Service in the spotlight as we inch toward an election where voters where a significant number of voters will be mailing in their balance. Joining us, abigail doolittle, who has been watching the backandforth of the day. No records today. But what were the main drivers . Abigail everybody waiting for that potential record for the s p 500. Stocks really climbing this wall of worry. The s p 500 hitting this area of resistance. The polls fallen short of being able to take out those old levels. S p 500 up about euro. 3 . Nasdaq once again closing at a record high, up 1. 1 , really being helped out by some of those mega cap tech stocks. China, so muchs, for investors to worry about. They are going again toward this years defense of technology. The vix down a little bit today but still relatively elevated. Couldxperts say that we see some sort of pullback after this huge rally
Only in credit, investment grade, high yield. That you go to the dow, which has typically been the laggard. Some of the big winners, caterpillar, home depot, boeing, classic industrial procyclical trade that our guest was referring to earlier. To more, i want to go back our guest from market field asset management. How do you make days like today when everything is positive, it seems like we are in the all clear, yet we know that might not be the case. Curious on days like today how much of this comes from a procyclical trade overseas in china relative to perhaps any optimism here in the u. S. Chinas stock has been on a tear. Ish of that you think filtering back through sentiment here in the u. S. Not that much. Today came after yesterday. We started off in the morning and fell like a rock in the afternoon. I dont actually think people are paying that much attention to china yet. I think they will be. I think the easy money to be made this year has been on technology, on stayathome, wo
In hong kong, how news and rumors are playing a part in protests. And, market share, buyers turn teslas toyotas for model 3. First, to our top story. The launch of disneys streaming technicalt with some glitches and crashes, but still, buzzy plus generated across social media. Rickore, we are joined by springfield and bloombergs lucas shaw. Are the technical glitches perhaps a good sign, showing that demand exceeded expectation . Rick i have no idea. The reality is that technical glitches are sort of commonplace in big launches. You side with hbo and game of thrones. Maybe it was demand driven. Who really knows. It is irrelevant in the scheme of this is disneys longterm strategy. Bob iger has thrown down the gauntlet. It is not even just about disney plus. Fx content. As long as these technical issues are not ongoing, as long as you are not still hearing about technical issues 2, 3 weeks from now, no one will hear about the issues this morning. Taylor did disney cement itself as a clea
Market share, buyers trade in bmws and toyotas for teslas model 3. More on bloomberg surveys. More on elon musk had car. First, to our top story. The launch of disneys streaming was streaming service was met with some technical glitches and crashes, but still, disney plus generated excitement and buzz all over social media. Adding to the continued streaming wars. For more, we are joined by Rick Springfield and bloombergs lucas shaw. Who covers the streaming wars for us. Are the technical glitches perhaps a good sign, showing that demand exceeded expectation . Rick honestly, i have no idea. The reality is that technical glitches are sort of commonplace in big launches. You have seen it with hbo and game of thrones. You never like to see these things, its unfortunate for disney. Maybe it was demand driven. Who really knows. It is irrelevant in the scheme of this is disneys longterm strategy. Bob iger has thrown down the gauntlet. This is the future of the company. Its streaming. It is no