People. Information. We want to express. On facebook and Twitter Facebook today in touch follow us on. The clock is ticking to American Companies are now in the running to buy chinese social media giant to take talk theyre hoping to seal a deal before u. S. President donald trump follows through on a threat to bomb the company but could microsoft size prove too much of a challenge to a rival bit from twitter. Also coming up there billionaire boss gets richer while they toil during a contract make amazon employees toss on presents take to the streets to demand their. Pays more time. This is the business im paid for it isnt thanks for joining me u. S. President donald trump has threatened to banus 2 american tech giants want to buy it as chinese own video sharing platform tiktaalik faces increasing scrutiny in the United States u. S. Tech conglomerate microsoft remains the front runner to acquire its american operations but not twitter has entered the game to holding talks with tech talk
Good morning, what a friday morning. No lack of news today. Home sales, the biggest quarterly jump in history. Management changing for some of jeff bezoss and it is a 4 gain today. They added nearly half a trillion in the market cap this month. It is staggering, because apple right now is about 62 billion plus above the 2 princip trillion mark. That is like adding vm wear. That is your oef raj over the two tril mark. I dont know how history will judge that when skail has taken on new meaning im crashing my ahead because im not wrong, right it is remarkable but it raises questions about the breadth of this rally, right . We continue to see the big tech mega cap names push higher and investors saying can it continue, youre leaving a lot of names in the s p especially behind, karl. Thats right, something to watch as more and more people are looking for signs of a bubble now we have a piece that just crossed regarding facebook laying out contingency plans should the president try to delegi
While they toil during a palm down to take out loans on employees cost on pricing to take to the streets to demand their ball pays more time. This is the business im paid ferguson thanks for joining me u. S. President donald trump has threatened to bomb it to american tech giants want to buy it as chinese own video sharing pop for talk faces increasing scrutiny in the United States u. S. Tech conglomerate microsoft remains the front runner to acquire its american operations but not twitter has entered the game to holding talks with tech talk with a view to the same sale its unclear if twitter could bid microsoft but some analysts say the company could face less right to tree examination for more im joined now by Alison Stewart allen from International Marketing partners in london alison good to talk to you does twitter have a chance of getting microsoft for to talk to us operations. Well believe it or not i think twitter actually does have a good chance i think one of the things that t
Critics say he failed to deliver on most of his promises. One of chinas biggest conglomerate says it is optimistic despite divisions with the u. S. From the boss involved. Shery we are getting Industrial Production numbers from the month of july in south korea falling. Missing estimates it would only fall by around 2 . We also have the month on month numbers. A gain of 1. 6 . That is missing estimates it would rise more than 2 . This is also a deceleration in gains when it comes to those numbers from the previous month. We do have the outbreak in south korea worsening. Virus pandemice within south korea and overseas. The numbers are not that surprising. Improvingn numbers and the slump easing for the past three months. When it came to the numbers in august, we saw the number starting to deteriorate. We are seeing those Industrial Production numbers missing estimates. Contracting 2. 5 year on year. We do get tomorrow, south koreas Second Quarter final gdp numbers. We will be watching th
Index climbing sharply higher. In the month of august, the cyclicals are leading the way on the year. It is all about tax. It is all about tech. Interesting to see how the month of august plays out. Right now a sleepy summer day. Taylor it does not look like it will be sleepily for much longer. August goes quickly. It is a volatile month. We are in an election year. Abigail it is interesting because there are lots of reasons to think we could have a volatility spike, including the fact we are in the seasonally higher volatility time, august, september, october. The vix curve speaks to a big spike in october. The panic index is at levels close to where it was prior to the selloff in february and the selloff in 2018. The fundamental backdrop for this is despite the fact we have a better initial jobless claim today, which is excellent, but it is still extraordinarily high. It is not even put the financial crisis you cannot see the numbers around the financial crisis relative to where we a