Worst day in a couple weeks. The nasdaq snapping an eightday winning streak if we close where we are today bob pisani now has more on the markets. Bob . Very tricky moment here, tyler, right near the 200day moving average technology has the leader whats the problem theres a number of issues the coronavirus story is the most important its not going well. We have infection just outbreaks, some threats from Governor Cuomo to close things down, tariff tensions are still out there. That moved the markets prior to the open valuations are still high. Energy stocks up and then down same with the banks here 12 to 16 honeywell, and then all way back down again. See how similar the stocks are, the inverted vs, and now theyre breaking down a bit more mcdorchlds 180 to 200 theres that v we have to figure out a way back to you theres the dow now, the tristate area closing off borders from visitors out of state. With no plans there to halt reopening. Meg tirrell has the latest details for us meg . Hi
Huawei. The s p 500 down 0. 9 . Dire Economic Data followed by confidencey good data, according to the Michigan Consumer sentiment data. But we are checking the innards of those data to see what is going on there. The 10 year yield at 63 basis 28. 53, up crude at a good 3. 5 today. Lets get to europe. Germany plunging into recession, gdp falling 2. 2 in the first quarter. Bloomberg has been speaking with executives of German Companies about the pressures caused by the pandemic. Have a listen. The times are turbulent and they are complicated. The real question everyone is asking, how quick will be recovery come . The uncertainty remains. There is still very much uncertainty, so from that point of view, we remain kind of cautious. I think it is too early to call an end to the globalized world. We assume a ushaped in area into year end. We are presuming recovery on the one side, which is important. We dont know exactly how the restart and the unraveling of the current lockdowns across the
[bleep] you, im just not gonna do it. My name is Marcus Lemonis and i fix failing businesses. You would never be able to pay off that debt. I make tough decisions. You know, youre causing strife right now. And i back them up with my own cash. Will you take a credit card . Its not always pretty. We dont like the fact that you can say no. Go stand in the corner and shut the [bleep] up. But this is business. I want you to think before you talk. Are we clear . I do it to save jobs and i do it to make money. Thanks for your business. This the profit. [upbeat music] skullduggery is a toy manufacturer located in anaheim, california. Purchased as a fossil replicamaker in 1987 by pete koehl iii, skullduggery is now run by his two sons, steve. We got to make sure we make this fast enough, okay . And peter. They wont be ready to ship till tomorrow. Who have expanded the company into more traditional toys, such as race cars, helicopters, and cast and paint kits. [laughs] although skullduggery rack
Years of trade tensions. We have his exclusive interview. And we look at the competitive space of rental kitchens. First, to our top story. Apple says it is considering bundling its Digital Services including news plus, tv plus, and digital music. Get more bid to subscribers. The tech giant is already experimenting with this kind of approach, offering free subscriptions for tv users to apple music. What are we bundling and why . Said, apple wants to bundle together different paid services. They have had apple music since 2015. They came out with four or five new services this year. They want to lower the price if you subscribe to multiple. Right now, apple music costs 10. News plus costs 10. Play payorage, i three dollars a month. To 40 or, it adds up 50 depending on how much storage you have. Imagine being able to get month. Ing for 15 a that will generate recurring revenue because people will want to subscribe to Additional Services and save money by doing so. Taylor i get that, exce
Exclusive interview with bloomberg news. Cooks in the kitchen. We will look at the now competitive space of rental kitchens. About a startup called virtual kitchen. First, to our top story. So apple is considering bundling its Digital Services including news plus, tv plus, and digital apple music. Gainis seen as a bid to more subscribers. The tech giant is already experimenting with this kind of approach, offering free apple tv plus subscriptions to student users of apple music. Through. K me what are we bundling and why . Mark thank you for having me. Like you said, apple wants to bundle together different paid services. They have had apple music since 2015. They came out with four or five new ones across 2019 this year. Cheaper too make it subscribe to them by lowering the price if you subscribe to multiple. Right now, apple music costs 10. News plus costs 10. If i have storage, i pay 3 a month. There is apple arcade for five dollars. There is apple tv plus for five dollars. Altogeth