But the e. U. May challenges deal with china. Up ad Morgan Stanley wraps big earnings week for u. S. Banks , with a beat. We are live from the Morgan Stanley global Alpha Investment conference in hong kong. Us trillion markets just open for trade. Sophie. Sophie asx us trillion marketst open for 600 the top smock the top stock market so far this year. Broadly speaking, asian futures are pointing higher and regional stocks are headed to a seventh weekly gain. We will see if the u. S. Tech rally feeds into asia, given bullish guidance. We did have alphabet joining the 1 trillion market cap club. Fed expected to stand pat on rates. Looking ahead to the chinese gdp report, futures in singapore closing higher after a three day drop was posted and the offshore yuan is headed for an eighth weekly rise. Thea top forecaster says yuan will in the year is one of asias worstperforming currencies. Shery lets go to first word news with jessica summers. Jessica the Senate Begins the formal impeachmen
Rebound. We finally found some direction given that we are spending most of the day stuck in neutral. Its interesting we had a steady climb in the last area 40 minutes of trade today. Im thinking about bitcoin. Sharplybeen going down and it seems to be libre related. Zuckerberg testified before the House Finance panel yesterday. He said it libre would not be launched without government approval. That probably put the fear into frequent and cryptocurrency users everywhere. Heres the big uptrend earlier this year. After the announcement of labor, libra, were seeing that again today. It decline is now confirmed to go ballistic thousand after earlier those two points confirm each other it looks like bitcoin may continue to drop i am looking at shares of tesla. We know that they missed their delivery numbers. We didnt get the 100,000 mark. We got 95,000. It now we are going to wait the hell we can analysts want to see if we can get some headwind in china. The seem to think that market is sa
Again. The california democrat taking to social media to say she is running for a fifth full term. Global news 24 hours a day, pourd by more than 2,700 journalists and analysts in more than 120 countries. This is bloomberg. Corey this is Bloomberg Technology. Coming up, russias google connection and googles russia connection. The Big Tech Company saying they took money from the kremlins hackers. Well discuss googles role in fake news. Plus, tech and taxes. Apple c. E. O. Meets with french p. M. In paris as they waive sweeping overhauls of digital platforms across europe. And a wide ranging interview with the former microsoft c. E. O. Steve ballmer. His thoughts on twitter, trump, immigration and his enduring legacy. But first, to our lead russia linked accounts used google to influence the 2016 u. S. President ial election. Google investigators found that nearly 5,000 dollars, theyre also investigating another 53,000 in ads spending coming from russia at large. First reported in the Wa
Are seriously injured in more than a dozen fast spreading wildfires in a north California Wine country. A fire official says at least 1500 structures are destroyed. And turkeys president says the washingtonspute that is having is very saddening. The dispute started after turkey arrested a national that worked in a u. S. Consulate. And senator feinstein is throwing her hat into the ring toin, the democrat taking social media to say she is running for a fifth term. Global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries around the world. This is bloomberg. Cory im cory johnson, in for emily chang. This is Bloomberg Technology. Coming up, russias google connection and googles russia connection. The Big Tech Company saying they took money from the kremlins sponsored hackers during last years president ial election. Well discuss googles role in fake news. Plus, tech and taxes. Apple ceo tim cook meets with macron in. Emmanuel paris as they waive sweep
One dozen now at valley wineries are damaged. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Isoomberg technology next. Emily im emily chang at the geekwire summit summit in seattle. Is is Bloomberg Technology coming up with google, facebook, and twitter are smelling to hold washington regulation and they as a result of the russian political ad scandal. For thethe game plan tech giants ahead of being called to Congress Next month . Also, we will cover how seattle has transformed into a tech hub and one of the centers of innovation. One of seattles biggest players is microsoft. We will sit down with the list was of interview with the companys president , brad smith. But first, to our lead. Tech giants are bracing themselves in the face of congressional regulation coming their way. Paid velation thatds the revelation that adds paid for by russia on their platforms to influence the 2016 president ial election ha