Celebrities like lynn arctic caprio and Kim Kardashian. Newly Public Companies newly Public Tech Companies roaring out of the gate. Frog closing j with huge gains and ceos join us. President trump is expected to give a press conference any moment at the white house and we will bring you headlines from that event. News tumbling out by the minute with oracles bid for tiktok. Moments ago bloomberg learned the following about the terms of the deal. That oracle would happen all of tiktoks u. S. User data in this scenario and oversee all of tiktoks u. S. Technical operations. Oracle would be able to check source code to prevent backdoors. Tiktoks u. S. Board would be approved by the u. S. Government and oracle would create, they say, 20,000 new jobs through tiktok operations. Joining us to talk about how it has impacted markets, we have bloombergs sarah ponczek. Lets start with the fed decision and how it rippled across the markets today . Sarah we have a lot of moving parts but when it come
A stimulus plan to offset the pandemic and another big week for earnings. Results from sap as europes largest tech companys speak year ceo speaks with us and ryanairs cfo. Speaking of ryanair, weve got numbers coming through from the airline. Tax, quarter loss after 185. 1 Million Euros. The estimated loss was 276. 9. That is a smaller firstquarter loss after tax than was expected. What we are hearing from ryanair in terms of commentary is the biggest fear is the virus second wave and fears are already swirling around that in terms of the news over the weekend with u. K. Imposing quarantine from spain. We will no doubt get comments from my ryanair. Losses are mounting. Basically, First Quarter customers, zero point 5 million versus 41. 9 million, the estimate was 96 , theor, 61 versus estimate was 57. 8 but the main number to look at is the first and basically ryanair said it will continue losing money through the summer. It is concerned a second wave could push back to recovery into n
Panel today. Discussing the topic of social media content moderation. I want to begin by thanking our cosponsors the session on [indiscernible] i will also announce that this is being recorded. Additionally, we welcome our Live Audience on cspan. We will allow for audience questions at the end of our session. 20 minutes of time i will invite you up to the microphone if you have any questions for our panelists. Additionally, a business meeting will follow. If youre interested you can come speak with us at the end of this panel. I would love to introduce to you our distinguished panelists today. Immediately to my left is kate. An assistant professor of law at st. Johns University School of law. She is a fellow at the yale law school. Her research a Network Freedom of expression and private government have appeared in and [indiscernible] in popular press. Then we have an assistant professor of law at drexel university. She is also a fellow at the center for democracy and technology. Her w
A trillion Dollar Company again. There is your round number. Romaine real estate and consumer staples. Youre going to bet on that or on apple . Littleht, lets dive a deeper with our markets reporters. Abigail, what are you watching . Wacky you called it earlier. I would agree. This is slightly risk off. This is a quarterly chart. Yellow is gold, white treasury futures, and those are bonds, and then in purple, we are looking at emini futures, and the main diversions point when the fed lowered rates back on july 31, old shot higher, treasuries took off. That is pretty much in play. Old is higher. Treasuries higher, outperforming the nasdaq 100 gold is higher, treasuries higher, outperforming the nasdaq 100. The First Quarter of the year when you have divergence like that among risk assets, you really want to think about it, especially considering last september, saira, with the nasdaq with its first monthly down quarter ahead of all of that volatility. The went to continue with quarter,
We reach midnight there. China is ready to retaliate again in the trade work. What a rehearing . Trump saying today that any deal with china has to be on our terms after china threatened today to retaliate washington coaster. Promising to take necessary Counter Measures of trump follow through on plans to impose a 10 tax on additional 300 billion in chinese imports, this could lead talks in limbo. This morning, chief of staff mark said this morning that they are looking forward to plan talks between the two countries that fall. I think secretary nguyen continues to have open communication with china and we are hopeful there will be additional talks this fall. I think they are pretty consistent in needing to change the past. Spokesperson telling reporters today they hope the u. S. Works through a deal and builds on term agreed to sing, we help the u. S. Can work with china to work out a mutually acceptable solution for the dialogue into consultation with mutual respect. Donna is not jus