Board, again, trying to challenge the tesla hold on the market. Wm has a factory in shanghai. Lets check the markets. Risk off on the u. S. , falling 2 on wall street on the back of concerns about u. S. Jobless claims. The virus, above 4 million cases now in the United States. And as we said, concern that the economy in the u. S. Is in trouble. Screen, read on the broadly across the msci asiapacific, down. 6 . On the mainland would just talked about the proposed ipo by wm motors, small caps setting off more than 2 as we get for the end of the week. Ong kong looking attractive to investors, it seems, down. 2 percent, up despite concerns highlighted earlier. Weakened byyuan. 1 , currently around seven in terms of the offshore yuan. The aussie dollar and the japanese yen, looking at that as well, the 10year basis point, 58 for the 10 year as a result of the risk off we had at the end of the day on wall street. Chinese, 2. 91. Gold at 1. 46 in terms of the goldsilver index, and philadelphi
Youre watching Worldwide Exchange on cnbc top of the morning to you in for Brian Sullivan today kicking off this monday morning with stock futures indicating declines. The nasdaq up about 48 points as you can see but the nasdaq composite overall over the last two days has seen some of that positivity posting a 1. 5 gain with the help of blowout quarterly numbers from amazon. Com, facebook as well the latter coming off of a gain of 10 peculiar on friday for the best one day performance since march 13th of 2020 you can see apple shares over the last couple of days in the green. The major averages coming off their fourth straight months of gains. The s p 500 seeing its best july since 2010. You can see here 20 gains for the dow industrials. 26 gains for the s p and the nasdaq up 40 just over that span alone now in yields they continue to hover near historic lows ticking slightly higher to 54 basis points or. 54 ten year note yields around 11 basis points and the 30 yearlong bond on that t
Yelp is a website and Popular Consumer applications it allows both connect with great local businesses. Its a service that empowers and protects consumers, allows people to discover great local gyms in a way for consumers to warn fellow consumers about not so great businesses. So how many visitors a month you have . Depending on how you want to break it out, this people who access it via mobile web, the website, be of the app, its north of the 100 Million People and we have over 200 million reviews that have been submitted. So so how do you make money . Yelp, not unlike Services Like google, Search Engines its a vertical Search Engine if i do a search for a dentist in san diego, there are a handful of dentists who are paying to basically have a sponsored, clearly labeled as such link to get study of business and patients coming through the door. google physically demoted non google results even if they contained information with Higher Quality scores than the information. What does tha
Suspending production in South Carolina green arrows across the board. The dow will open about 600 points also looking at the green on the nasdaq and s p 500 if you take a look at what is happening in the treasury as well s p indicated up 72 points in the treasury, youll also see what is happening on the yield in that front. It is the 10year that is yielding closely at 7. 04 . Lets get everybody updated on the latest on the pandemic numbers. Nearly 11,000 people in the u. S. Have died from covid19. The country has more than 361,000 cases. New york has 131,000 of those cases. New jersey reaching a grim milestone with more than 1,000 deaths in the state. Overseas, we have positive numbers from italy that reports its lowest daily number of new cases since march 17 spain reporting its lowest number since march 22nd. The second time since january, china reported no new coronavirus deaths reporting 30 new asymptomatic cases and two with symptoms. President trump has struck a deal to buy mill
Less attainabletoday the later , Pulitzer Prize winning journalist Nicholas Kristof and sheryl wu dont report on the issues facing the working class in rural america. An enjoyable tv now and over the weekend on cspan2. Great to sit down with you and your book, dont be evil is contained plenty on a timely subject given the political times we are in , given the heights that the stocks of apple, amazon, google and facebook and others have reached but you normally have a pretty broad scope to your coverage. Why is this book, why now mark. At you for having me by the way. I started this book i guess it was in 2017. And i had just taken a job as a columnist for the Financial Times and my mandate was to figure out are the worlds biggest business and economic stories and cover them in opinion form is a rather large mandate and in order for the to narrow the funnel i started looking through wealth figures and i thought i saw an amazing numbers in terms of how well to transition to the technolog