Ceo of Electronic Arts, Andrew Wilson as we talk to him about the world of gaming and a lot more john, retrospective of apples event. Were bringing the east and west coast together. Apple unveiling its longawaited 5g iphone 12, but we have been questioning whether the 5g networks, especially here in the u. S. , are ready to drive demand. Josh covers apple for us i didnt see tim cook hedge at all in his 5g pitch yesterday. He was full steam ahead. Thats right, john. Not one bit. Experts are right, they have questioned whether 5g is really ready, but tim cook doubling down on that bet with his new iphone 12. The generation of technology that provides a step change in what we can do with our iphones, the next generation is here. Today is the beginning of a new era for iphone 5g promises faster everything, from movies to games, to all kinds of downloads, and that sounds exciting, but its still just a promise of what could be the reality right now is that 5g coverage here in the u. S. Is st
The coronavirus outbreak. This is a group of experts are outbreak could go on for another two years and wont be contained until 2 3 of population is immune. Joining us to break down the day wall as at least on street, taylor riggs has been digs into the markets for us. Tailor, a rough day, there were so many signs of hope this week . Felt like a mood shift this morning, emily, we woke up, a sentiment had been negative. As you remember, 30 after we bottomed out on the lows on 23. H there could have been some rofit taking here as well as some concerns continuing about the economy. We got news in the past few days overnights that trump was considering floating around some ideas of how to punish china for for the handle of the virus, for shutting down a lot of the doctors back in december who were really trying to warn this. Some of those renewed tensions some of the ng debt, thats very far stretched according to some of the to, ysts that im speaking but another option to be tariffs. Now t
Julia . Thats right. Disney cfo christine mckarther announced disney will be sustaining the dividend which will preserve 1. 6 billion in cash and this comes as the Company Announces that covid19 cost disney 1. 4 billion to its bottom line in the quarter and that includes a hit to advertising, movie delays and think, most of all, the closure of disneys parks. The disney parks alone had an operating income loss of 1 billion in the quarter due to covid driving a 58 drop in operating income now heres what the new ceo says about the plan that he Just Announced to reopen disney shanghai on may 11th take a listen. The approach we take may include implementation of density control measures as well as health and prevention procedures that comply with state and federal guidelines we are seeing encouraging signs of a gradual return for some semblance of normalcy in china the company talking about how before it began to close its domestic parks in midmarch they had been seeing an increase in both
We are rising to the highs. Down,hich is taken a leg has not taken a bite out of stocks. That has been unusual in recent days. Its been all over the map today and trading has not had a lot of rhyme or reason. There has been a lot of talk about russias saying its going to talk with other opec producers with opec producers about cutting production. Then some holes are poked and that. That happened earlier in an oil went back up again and then it went down again. Take a look at my terminal to compare what happened intraday between stocks and oil in yellow. Stocks taking a leg up. That is really different from what we have seen of late for u. S. Markets. I want to take a look at the groups on the move. Energy is the worstperforming group. Today,ogy is really back up better than 2. 5 . It is not just tech. Notable that stocks are holding up despite that oil downturn. Scarlet we are ending the month on a strong note. In terms of january it has been pretty ugly. Julie it has. The rally we hav
Officials may have known about the tainted water long before they acknowledged it. Offeredwere often bottled water. Residents were not told the water was unsafe until last fall. Global news 24 hours a day on bloomberg. Im emily chang and this is bloomberg west. Is apple going wireless . Plan to make phones that can charge without a cable insight. Ibm seals its deal with the weather channel. Another week of monster stock swings, which means a lot of executive fortunes in flux. The biggest risers and followers, we will ask our billionaires team. First, to our lead. Wall street is feeling woozy after a volatile week in tech earnings. Investors seem to be particularly nc this quarter given the rocky economic climate we have seen in 2016. How long can big tex deliver on shareholders inflated expectations. . The johnson is live in studio, and Paul Kedrosky joining us from san diego. Thank you for joining us on the wild week that was. Corey, i want to start up with apple versus alphabet. A ye