Locking down its deliveries the keyes are drones to amazon locking down its deliveries . Shares tumbled at the start of the week after news broke these companies could be the target of antitrust probes. Are les case, they the department of justice is mulling an antitrust probe and has restriction over a potential apple pro. Meanwhile probe. Meanwhile, the ftc is looking at whether apple practices harm competition. Google makes up over half of digital ad revenue and their closest competitor amazon has 9 of the market. The digitaldominate ad market but does own up to half of ecommerce. We also learned a potential amazon probe fall under the ftc. The director of the enforcement policy and bloombergs Senior Editor for global tech join us for reaction. What we have is a political reality, not get a legal one. The tech environment is big, complex, and intimidating. So our two antitrust agencies have met to divvy up the playing. Ield, so to speak emily does this mean that they will or that an
We take a look at the ecommerce giants plan. Of top story, shares alphabet, facebook, apple, and amazon tumbled at the start of the week after news broke these companies could be the target of antitrust probes. In googles case, they are the department of justice is mulling an antitrust probe and has restriction over a potential apple probe. They now reportedly have jurisdiction over a potential apple probe. Meanwhile, the ftc is looking at whether apple practices harm competition in the digital market. Google and facebook make up over half of digital ad revenue and their closest competitor amazon has 9 of the market. Amazon does not dominate the digital ad market, but does own up to half of the ecommerce market. We also learned a potential amazon probe fall under the ftc. The director of the enforcement policy and bloombergs Senior Editor for global tech join us for reaction. Brad what we have is a political reality, not get a legal one. The tech environment is big, complex, and intimi
For nvidia long my favorite stock one i always say to own, dont trade. Yet i keep hearing about how to trade nvidia should you go long or short . The greatest avl intelligence play of our time one thats already changing the world with its borderline miraculous semiconductors. Should we declare victory, sell the darn thingup here . Maybe buy some more. And then it hit me why dont i just tell a dad joke so here goes [ rimshot yeah that is why my sisters names rose because your mother loves roses. Thanks, dad. No problem nvidia hallelujah plunging 606 points. Nasdaq tumbling. Nasdaq losing. 39 prs. We have to recognize there was one stock of one truly Great Company that frankly has nothing to do with the dow or the nasdaq or the fed for that matter that stock is nvidia it is quite simply much bigger than a Semiconductor Company much bigger than a can p, much bigger than the platform i owned my late rescue dog after because i didnt think enough people owned the stock. Who is nvidia, what i
Job in january. The 81yearold republican senator returned home to arizona after being treated for a viral infection that walter reed medical center. On thess a crucial vote republican tax ill next week. Victims of a ponzi scheme are set to have 600 million at the start of 2018. The trustee in charge of thanering funds said more half of madoffs customers who submitted approved claims will have gained their loss investment in full. Have been total recovered so far. He expects to recover the entire 17. 5 billion dollars in question and perhaps more. Global news 24 hours a day powered by more than death global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. Julia joe i am joe weisenthal. Nasdaq, p 500 and the fresh eyes today. Joe the question is what did you miss . The republican tax bill may make it to the president s desk i friday. Planning to vote on landmark changes as early as tomorrow. Theinto
Washington futures are down both fell more than 1 overnight. Europe is down by as much or more ten year yield falls below 222 thats a six week low and well get oil inventories. Our road map begin with saber rattling futures in the premarket have been rising con sering con sern. North korea threatening preemptive strikes against the u. S. President trump threatening fire and fury. Disney anoungs its own streaming plans for espn and other content. The United States and north korea sending Global Markets lower. Kim jong un threatening to order a missile strike on guam now as the president warns north korea it would face fire and fury if it continued to make threats to the United States. Stocks did fall snapping the dows ten day win streak this is not like crossing a parallel in the early 50s. The natural thing to do is to raise cash and thats what people are doing theyre selling stocks that i think across the board so it really doesnt matter what theyre selling. Its not like theyre on any