Event. Plus, we speak to a counter as a Company Announces a brandnew range of ai powered products. But first lets check in on the markets. We have a post fed feeling of optimism in the markets it feels. We dont have an awful lot of Economic Data on the table. We have an issuance with 10 year yield with the 10 year yield holding steady. The s p 500 breaking some of the Technical Levels of where we see the average trade the last 50 days so there seems to be some risk on attitude. Not in crypto with bitcoin off. When it comes to crypto related news, we will be digging into what happened with robinhood of course. The sec looking at particularly its crypto sales. Zero and 7 despite the announcing the sec might well be looking into its business. Warren buffett pulling back on the state of apple. Really loving the iphone product but we look ahead to new products new ipads with mark gurman in a moment. I want to shine a light on some of the chip makers chipmakers. Nvidia still yet to report on
The twoyear yield at 4. 22 joe. Honeywell is out with the First Quarter profit of 2. 25 a share. Revenue 9. 11 billion. The forecast was 9. 03 billion a little bit better than expected look at lets get to meta he did not change it to a. I. They are still spending more on the metaverse or part of the a. I. Spending . Who are they who are you . It is part of the metaverse shares of meta plummeted after the Company Issued a light forecast is overshadowed what was better than expected First Quarter results. I want to bring in dan flax. It was a fascinating call. In many ways, Mark Zuckerberg called it. A lot of volatility around the stock in what he calls these type of periods when they invest in this stuff. The question is whether investors and like them investing in this stuff, dan, and the market spoke last night. We have seen this movie before, perhaps. Good morning, andrew. We have seen this movie before with the transition to stories they have done well with reels in the last 24 mont
Jay powell in washington d. C. Sustained. We have to take those that macroeconomic effects into account as well. Those are some of my im not sure if i hit them all, but i ultimately, you know, youre coming into this with an economy that appears to have significant momentum,thats what we start with. But we do have this collection of risks that you mentioned. [inaudible] reporter craig torres from bloomberg news. I was a little surprised, chair powell, to hear you say that a soft landing is not a primary objective. This economy seeing added supply in a weight that could create longterm inflation stability. We have people adding skills, workers want to work, we have a boom in manufacturing construction. Weve had a decent spate of home building, and since inflations coming down with strong gdp growth, we may have higher productivity. All are good for the feds longerrun target of low inflation. And if we lose that in a recession, arent we opting for the awful history that we had in 2010 . S
Is absent. The next order of business is item 2 announcements. The next regularly scheduled meeting will be held on november 7th, 2017, at 1 00 p. M. At city hall, room 416c. The announcement of sound producing Electronic Devices during the meeting, please be advised that the ringing of and the use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any persons responsible for the ringing of or the use of the cellphone, pager or other similar soundproducing electronic device. C, announcement of time allotment for Public Comment. Please be advised a member of the public has up to 3 minutes to make pertinent Public Comments on each agenda item unless the Commission Adopts a shorter period on any item and its strongly recommended that the members of public who wish to address the commission fill out a speaker card and submit the completed card to the Commission
And i am fully bad ti vo this is the news hour live from my headquarters in doha coming up in the next sixty minutes french president Emmanuel Mccall warns the International Community time is running out to save the world from Climate Change a controversial u. S. Senate race between a man accused of Sexual Misconduct and endorsed by donald trump and a little known democratic candidate will tell you why its important. Also this hour a Vaccination Campaign to knock a day thousands of rohingya who are facing a potentially deadly respiratory disease israeli palestinians hotel guests in tel aviv against Donald Trumps official recognition of jerusalem as the capital of israel. Thank you for joining us french president emanuel micro has delivered a rallying cry to World Leaders that more must be done to fight Climate Change but he told a global summit in paris that theyre currently losing the battle the summit is promoting greater Worldwide Investment in clean energy at the has our report fro