Anything else i said a very substantial portion of the price is going to have to come into the treasury of the United States because were making it possible for this deal to happen right now they dont have the rights unless we give it to them and the Chinese Foreign ministry for their part respond to their reports early monday calling out the u. S. For hypocrisy and double standards in the move while claiming this is a violation of key principles of the World Trade Organization now for more on this lets go ahead and bring in blue bus cohost ben swan and Cyber Security expert todd shipley who also serves as president of dark intel now ben i want to start off with you here lets kind of it appears that microsoft has about 45 days to get this deal done but doesnt it seem strange for the u. S. Government to ban a company and then turn around and basically force them to sell helping an american tech giant to buy. Yeah i think the whole thing is pretty disgusting i mean as this is all playing
President donald trump announced a plan to ban the app in the United States President Trump spoke about the controversial situation monday afternoon. And so he cant be controlled for security reasons but in china too big too. Invasive and it can be and heres the deal i dont mind if theres microsoft or somebody has a big Company Secure company very very American Company buy it they set a date of around september 15th at which point its going to be out of business in the United States but of somebody whether its microsoft or somebody else buys it that will be interesting i did say that if you buy it whatever the price is that goes to whoever owns it because i guess its china essentially but more than anything else i said a very substantial portion of the price is going to have to come into the treasury of the United States because were making it possible for this deal to happen right now they dont have the rights unless we give it to them and the Chinese Foreign ministry for their part r
Restrictions in one city, but investors are brushing that off. As well, up firmly part of the Semiconductor Story, looking forward to samsung earnings. Looking at currency, the dollar story almost the weakest in terms of the bloomer dollar index, for close to two years bloomberg dollar index, for close to two years. Down for tense of 1 . Hasonshore yuan strengthened. The aussie dollar up as well. On the next board, looking at gold, futures breaking through 2000 announce. You have the likes of bank of america predicting you could get 3000 in therice next 18 months. Wti up 3 10 of 1 . The 10 year yield has edged up marginally at 62 basis points. You can see there has been a marginal rotation out of chinese 10 year as well, more risk on sentiment in the mainland. Rishaad all right, lets look at one of the biggest movers, 7 . Shares up around one at one point. We have a company that has become the worlds 10th biggest stock. Our guest from aberdeen standard investments. Thank you for joinin
This is the one business show you cant afford to miss im proud to borean washington coming up President Trump has extended the deadline for the tick tock ban in order to allow microsoft to acquire the aftermaths Chinese Parent Company while the u. S. Tech giant be able to seal the deal and how will this affect tensions between the worlds 2 largest economies plus the nasdaq has popped once again on news that apple has now claimed the title of the worlds most valuable publicly traded company will break down what lies in store for the tech giant impact show today so lets dive right in. And we lead the program with one of the biggest tech stories of the year and it appears to be playing out minute by minute microsoft confirmed monday that it is in talks to buy tick tock from Chinese Parent Company bite day its now this of course after u. S. President donald trump announced a plan to ban the app in the United States President Trump spoke about the controversial situation monday afternoon. H
Into his own hands uber road blocks and queue the countdown clock. Jobs numbers are expected this morning. Estimates are all over the map it is august 7 this is Worldwide Exchange here on cnbc we made it to friday good morning, good afternoon, good evening from wherever you are watching happy jobs friday as well. Looking at futures they are indicated lower down about 130 points. You can see the fair value slightly positive. Anything can happen. It was another big day for stocks on thursday another record close for the nasdaq the 32nd closing high. The nasdaq closing above 11,000 the First Time Ever is now up 62 from the march low if you are some genius who timed it go to sizler, if you can. Gold look at that another nominal record high. In 1980, gold hit about 1,800 an ounce. With inflation, technically higher then. The First Time Since the win streak in may up from 2006 gold is higher around the world different story. We have more in a moment the european markets are trading down not