That put this in perspective, the United States remain the largest market for chinese product of any country Around The World and our own Trade Relationship remains very significant, in fact, Trade Relationship remains very significant, infact, china is our Third Largest Trading Partner and after mexico and after american businesses and investors in shanghai there remains very strong interest in working in this market, provided that we a level Playing Field and a fair shot. When we do, we do very well. But when we are looking at the question of tariffs, measures etc, what were focused on its practices engaged in by china that are unfair and undermine our businesses and our workers and this question of overcapacity is the one that is front and centre. China is responsible for one third of Global Production but one tenth of global demand. So there is a clear mismatch and when you have products that are produced here and producing a way thatis produced here and producing a way that is hea
Would have sold immediately and you wouldve been entirely wrong. Thats because metas billionaire rival reported two of the best quarters ive ever seen in ages. Bedding like mad on Artificial Intelligence and the cloud and search just like meta but theres enough business for all of them. Throw in some tepid inflation data that helps with the rate cut and the market just roared. The dow gained 155 points. S p jumped 1. 02 and the nasdaq searching 2. 03 . I like that. This was a good set up. May be one of the toughest weeks we have seen in ages. That is because it is loaded with earnings and we have a fed meeting and a report on friday. Im already exhausted next week. Lets take the week. Starting with sunday night. I dont usually do this but Bill Whitaker from 60 minutes interviews jensen long, the ceo of nvidia. Normally we dont care about that but i bet it could have impact on the stock. So many people are invested in nvidia. I say maybe be prepared for a monday bump from 60 minutes. Mo
Earnings on thursday, alphabet and microsoft took centre stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in artificial intelligence, One Stand Out spot for alphabet was google cloud revenue whichjumped 28 in 01. A lot of Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced some good news for investors, its first ever dividend of 20 cents per share, and an additional 70 billion buy back. That sent shares into double digits after the bill. For microsofts part, its Intelligent Cloud Division delivered greater revenue than expected thanks to Microsoft Partnership but with openai, the creator of chat gbd. Chatg pt. And together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after metas stock fell after its own Earnings Report and the market was rattled by slowing us gdp and stubborn inflation. Intel also announced its results but it was its outlook for the Second Q
Stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in no small part to investments in artificial intelligence, One Stand Out spot for alphabet was google cloud revenue which jumped 28 in quarter one. A lot of Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced good news for investors, its first ever dividend of 20 cents per share, and first ever dividend of 20 cents pershare, and an first ever dividend of 20 cents per share, and an additional 70 billion buy back. That sent shares into double digits after the bill. For microsofts part, its Intelligent Cloud Division delivered greater revenue than expected thanks to Microsoft Partnership but with openai, the creator of chat gbd. And together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after medas stock fell after its Earnings Report and the market was rattled by slowing us gdp and stubborn inflation. Lets stay
No i dont mean the decade where our party only have a political party, im talking about this week of thanksgiving where the buyers pay up. Buy buy buy buy buy buy and the sellers walk away sell sell sell. T almost as if theres a selling ban. The dow down today, s p up, nasdaq falling fresh alltime highs across the board. We have to go and resort to the tape i want to give you some examples so you foe how to spot this kind of behavior. Lets start with the stock of apple. Its soring. Why . This is how you know its good you go and check out the news fold we have a half dozen articles about apples home pod is way behind amazons machine and how the devices lay for the holidays negative, negative, negative, negative the stock rallies 3 bucks. Why . Because the sellers are on strike how bad facebook you check the news flow. Buzz feed has a negative piece about how facebook may be kicked out of russia. As cuban explained, you can see the worse for at t challenging the justise department but ta