Interview with a ceo, three years after microsoft acquired the job listing site. Disruption, robots, supply chains, and Data Technology changing health care. We explore big changes coming to medical technology and how to invest in it. But first, to our top story. Up aneys general opened broad investigation into whether googles search and advertising practices violate antitrust and harm consumers. States attorneys general, led by texas, say they are investigating whether the search giants Business Practices are consumers. Harming anthis is not a lawsuit but investigation to look at facts. The facts will lead to where the facts lead. Taylor mondays announcement was closely followed by one that facebooks look into market dominance on friday. I am joined by a guest. She served as an assistant attorney general in the antitrust bureau of new york , ate, and in new york reporter who covers google for us, so lets just start with you. How big of a deal was this . Reporter it was pretty impressi
Evolve, and heres how policy evolved should occur, but you have to maintain this ready position. Teslas stock hitting a reverse, losing around 30 billion in market value. This is after deliveries declined for the first time in nearly four years. Disney reports it secures enough votes to defeat nelson peltz. Its set to meet with the gm later today. And the swiss re ceo will hands over the reigns later aspergeas b b b berger is sets to take over in july. Lets start with the big board and show you whats going on with the european markets. Lets bring up the board. Weve got the ftse 100 down at a downside of half a percent and the ibex in spain. The citi sitting there as well as switzerland. The u. S. Futures saw quite the soggy day with the dow posting their worst day since the 5th of ma march. Also backtoback losses. You can probably point to whats happening with yields as the culprit here with the 10year hitting the highest since november. Weve got more data coming out overnight in the f
In other words, no matter how much you may love a stock, if the rules say sell sell, sell, sell you sell it. One thing ive learned from my investing crew, no matter how much you might believe in something, you violate the rules of the road at your own peril. Thats why we obey them religiously with the charitable trust, and theyve become our core guide for the cnbc investing club, which i want you to be in. Where the heck do the rules come from . Its not like they were hand down from high. The five commandments from the history of the world part one. Theyre not like the laws of physics, the way markets works, that you can induce gravity. No. The rules come from my experience. Thats right. From my experience. I spent over 40 years in this business. And in that time you Better Believe ive learned some powerful lessons. In many cases i did have to learn them the hard way. And because i dont want you to repeat my mistakes, because i want you to have the benefit of my whole career, tonight i
Market is positive by 0. 2 percent on the s p 500. Hours away from chairman powell and the News Conference. Tom it is a different it is changed outlook to the press conference that it was 48 hours boko ago. Jon it is not seven, it is six. It is not seven. The bad news, it is 6 inflation in the u. K. Lisa this is a positive but how much of a positive. The key distinction is the core measure came in much more than expected so stripping out food and energy, how much will we be talking about the difference between core and what you feel when you go to the store . Tom we are there when we are slicing and dicey like David Rosenberg. What you do with inflation and disinflation but the Central Banks torah centralbank story with me jon the highs going into this bad decision, crude we are right their own crude so the headline versus core conversation, how do they navigate that in the News Conference . Lisa at a certain point, oil feeds into that, the question is how much is this driven by demand