There it is with the gains now approaching for netflix 5 lets get to bob for more on this big market rally. Bob. Its hard to believe but we have retraced 50 of the losses in the s p 500 from those numbers about towards the end of february towards the end of march 23rd that was the lows. We traced 50 of those lows. The biggest ones out there microsoft, apple, amazon, google, facebook this is more than 20 of the s p, these five. Apple shipped 2. 5 million phones into china last month. That was much higher amazon is sitting at a historic high when these five stocks move like this, everything will move everybody is looking for good news today roku suspended their guidance. Thats not good news they also had good number on their earnings and highlighted new account growth the stock is trading up. Thats a path people are looking at suspending guidance reserve building moves could be meaningfully higher in aggregate over the road we took. I think thats a welcome bit of reality about what the f
Despite fears that continue to permit. The bait in the bond market continues. Down five basis points from the 10 year. Out, 47. Ly wiping you will have a lot of paper from banks that lend to producers. We will bring you the latest market moving news from all over the world, from hong kong to washington to new york, our bloomberg voices are on the ground with this morning stop stories. We begin with asia. The death toll is climbing, cases worldwide are above 82,000. Saudi arabia halting religious visits, well japan asks for all schools to shut from march 2. Stephen engle joins us from asia. Stephen it is significant because it is the first time we have had more new confirmed cases outside of china that inside of china. It could be because china has a great, on this or, more sinister, that the virus is spreading faster than the who and others are expecting elsewhere in places like south korea, japan, in the middle east. As you mentioned, saudi arabia does not have confirmed cases, but th
Over brexit. Australia, brazil and new zealand are asking for trade compensation from the uk and the eu over brexit disruption. Plus running rings around the competition. Well be taking a look at the essential sport item that managed to become an every day fashion must have. From your phone to a postbox, well find out why Old Fashioned postcards still seem to have a future in the digital age and why that could be good for our Mental Health. And a new Study Suggests those long meetings at work are more about therapy than solutions, so we want to know, do you think meetings are meaningless or play an important part of work life . Let us know, just use the hashtag bbcworklife. Hello and welcome to worklife. A warm welcome to our new business show, and we start today in sydney, where we could be seeing the dawn of a new era of ultra long haul commercial flights. I think we can cross straight to luuka jones, if he is still awake you have been awake Something Like i9 you have been awake Some
Thank you for being here. Pretty remarkable i never thought id stand in front of this many cameras but thank you for being here. I want to thank my fellow ags we have 50 attorney generals from across the nation who are involved in this investigation that we are leading from texas and i cant tell you how much i appreciate their support and interests its been an important issue for our time. What we have all learned is that we are many consumers believe the internet is free certainly we know from googles products that the internet is not free. This is a company that dominates all aspects of advertising on the internet and searching on the internet as they dominate the buyer side, seller side of the auction site and even the video side with youtube. This investigation is not a lawsuit but its investigation to determine the facts and right now were looking at advertising but the facts will lead to where the facts lead. Even as we speak there will be 3. 8 million searches and a lot of adver
Good afternoon. Thank you for coming. As i told you the order for this afternoon general paxton and the general racine will offer opening remarks by the following 80s who have assembled and we will open it up for a brief time of questions and answer and then i will stay around after at the ags have to leave to try to help the best i can do. General paxton from texas. Thank you for being here. Pretty remarkable i never thought id stand in front of this many cameras but thank you for being here. I want to thank my fellow ags. We have 50 attorney generals from across the nation who are involved in this investigation that we are leading from texas , and i cannot tell you how much i appreciate their support and interests its been an important issue for our time. What we have all learned is that we are many consumers believe the internet is free. Certainly we know from googles profits that the internet is not free. This is a company that dominates all aspects of advertising on the internet a