Mines the best. Known. As the Venice Film Festival draws to a close the movie industry is hailing a pandemic for global cinema. Welcome to the program. Dozens of women have been detained in belarus as capital minsk after mass Security Officials moved against protesters there demanding longtime president Alexander Lukashenko to step down many of the women were forced into unmarked vans or beaten by Security Officials following their call for jailed opposition leaders to be freed belarus has been swept by antigovernment protests following last months president ial election which saw a reelected in an election that the opposition says was raked. Afresh a show of determination and defiance thousands of women braved heavy security and an official warning to raise their voices against the government once more. Theyre demanding that president nixon shank step down and that jailed opposition fakers be freed. After more than a month of protests this rally is just the latest evidence that the ru
Record high today, up more than 17 this year. Check out the big tech names hitting fresh alltime highs in todays session, apple, microsoft, facebook, amazon, netflix all marking new highs. Is this headed straight for a giant iceberg, guy [ laughter ] when you read that, you hesitated reading that this is the bubble in my head literally said should i read this or should i skip over it, titanic tech run headed straight for a giant iceberg. I went with it lets go with the metaphor. I am a fan of leo i know you might find this propostrous but leo is a huge fast money fan we should collectively give a shoutout so i was talking to the great dan nathan earlier today and we were just talking about the move in amazon. Amazon is up 3 today. Amazon has added this month which i think today is the 9th of july. Just this month its added almost a quarter of a trillion dollars to its market cap. I think there are only 22 companies in the s p 500 that have a market cap of a quarter of a trillion dollar
By market. Indonesia coming online. You are seeing a marginal gain. Although when it comes to the virus, the deadliest day yet in indonesia. The story is chinese stocks. The csi 300, we are up another 3 , extending the fiveyear highs. All four of the major benchmarks in china in overbought territory. Is it the case of foam a of fomo . The topix up by 1 . We expect the earnings season to kick off with consumer stocks. The market has underperformed as of late. We are also watching currencies. We mentioned the dollar, posting the drop. Across asia fx, a strong renminbi. Risk on move today. Brent crude, hovering around the 43 mark here. Commodities gaining ground in the second half. Copper futures slightly lower today, but up last week for the seventh straight week. Lets get context with our reporter. There seems to be a very clear upward trend when it comes to virus infections in the u. S. Several other economies have reopened. How do you see that affecting markets right now . Reporter ri
Amount of money that are able to attract the best challenge because of the best food, the have the relationships of the universities, it does not mean that there arent other Companies Like salesforce or ingber are doing amazing things, its through these Nine Companies that Everything Else flows, the entire a. I. Ecosystem in some way or another touches these nine. In addition to the things that i mentioned, they are building the framework and the custom silicone chips, they have the code basis, all roads lead to these Nine Companies and the challenge that i have, if it is the case Artificial Intelligence is not just being built to create a better microwave although that is cool, instead to optimize our lives using data as currency, what does it mean when we relegate that to a handful of companies and a handful of people looking at these companies who probably dont look like us and have the same worldviews as us, what are the longerterm downstream implications of that look like . Three
Programs from our archives that focus on technology. Watch them in their entirety by visiting our website, book tv. Org and use the search function at the top of the major. First from march 2019, nyu Stearns School of business professor argues that Artificial Intelligence is giving too much power to big corporations. My job is to model risk for a living and i primarily focus on technology and i over and over come back to the same companies that control the lions share of patents, that have an extraordinary amount of money, that are able to attract the best talent because they have the best food. That much have the relationships with universities, and it doesnt mean that there arent other Companies Like salesforce or nvidia or uber that arent doing amazing things, but its three the Nine Companies that this throws. And it touches all of these nine. In addition theyre building the frameworks and custom silicon chips and the code basis, all roads lead to these Nine Companies and the challe