And other americans. Global news, 24 hours a day, powered by 27 hundred journalists and analysts in 120 countries. This is bloomberg and Bloomberg Technology is next. This is Bloomberg Technology. Hammering out details to grab a andive stake in uber seeking a discount to invest in the startup. Our conversation with meg whitman, as she prepares to leave the company. We talk about her political ambitions. 10,000 andoaches we discuss the true value of the currency. Is leading investors to buy a huge stake in uber. A billion direct investments in the start of. This would put the uber valuation at 40 billion. At the most recent valuations, it was 69 billion. Joining me now is a Management Capital partner who was the head of communications in the americas and also with us is someone who covers uber for us. Where do we stand right now . The am waiting for documents to get sent out in the next few hours. Today is the expectation and it is a little behind schedule, as has everything been in thi
Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares initially lower. A lot lower after that report. Josh lipton has the key takeaway from apples results. The big number in apples latest Earnings Report 47. 5 million. That is the number of iphones apple said it shipped in the quarter, now, that was up 35 year over year but was also basically in line with what wall street expected. Analysts had forecasted apple would ship some 47. 3 million iphones in a conversation with apples ceo tim cook. He told me that only 27 of the companys install base had move
Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares initially lower. A lot lower after that report. Josh lipton has the key takeaway from apples results. The big number in apples latest Earnings Report 47. 5 million. That is the number of iphones apple said it shipped in the quarter, now, that was up 35 year over year but was also basically in line with what wall street expected. Analysts had forecasted apple would ship some 47. 3 million iphones in a conversation with apples ceo tim cook. He told me that only 27 of the companys install base had move
Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares initially lower. A lot lower after that report. Josh lipton has the key takeaway from apples results. The big number in apples latest Earnings Report 47. 5 million. That is the number of iphones apple said it shipped in the quarter, now, that was up 35 year over year but was also basically in line with what wall street expected. Analysts had forecasted apple would ship some 47. 3 million iphones in a conversation with apples ceo tim cook. He told me that only 27 of the companys install base had move
This point. Lets tell you about the big stories were watching this morning. A First Quarter read on the First Quarter gdp at 8 30 eastern time. Forecasters say the economy likely grew at a snails pace. Also the fed wrapping up its twoday policy setting meeting in washington. Announcement set for 2 00 p. M. Eastern time. No changses expected on rates just yet. Beyond the economy theres also a busy day in earnings central. We have Companies Set to post this morning before the bell mastercard mondelez and general dynamics. Also were continuing to watch the situation in baltimore. Things were quiter there. Demonstrators for mostly peaceful. Less than a dozen arrests compared to more than 200 on monday. Curfew ended at 5 00 this morning. Go back into effect tonight and we should tell you that todays baltimore airlines game will be in the afternoon and will be closed to the public. The teams weekend series against the rays will be played in tampa instead of home in baltimore. The next five g