Stocks went up 225 billion. Were up 10. 1 trillion since the election of donald trump. This monday morning, the dows going to be up about 50, modest gain for the s p, but look at that nasdaq. Up about onethird of 1 , 24 points up. Big tech looks like its rallying today. Earnings season has begun. Good numbers from citi this morning. Its goldman tomorrow, ibm wednesday, microsoft thursday. How about this from peter teal. Google, he says, is treasonous, his word. He asks three questions. Has googles Artificial Intelligence project been infiltrated by foreign secret agents . Does googles leadership believe it has been infiltrated and number three, is that infiltration the reason for googles treasonous decision to work with the Chinese Military and not the pentagon . Well connected and influential. Here we go. New week, record highs, profit reports and wilbur ross, out at commerce . Varney company is about to begin. Stuart if this doesnt cause outrage, what will . Shocking videos, antii. C
Thats the point where we see intervention. Some saying that 160 could be the in the sand. Certainly its the question of how meaningful and house of santa, how effective would any sort of Government Intervention be when youve got that ongoing cap between the fed and the boj . What we are seeing here for equities at the start of the day is a little bit of pressure, following what happened on wall street overnight because we had the s p 500 on its longest losing streak in several months. Really big tech bearing the brunt of that. Earnings and focus, given we have a number of big tech names reporting over the coming days. That could leave clues on the health of the u. S. Economy. Also whether we will see any sort of big ai led rally sustaining the momentum. Lets chains on. Take a look at whats happening in korea to start the day here. The korean won firm are here against the greenback. Six tense of 1 . Broadly, equities just modestly in positive territory. Fx has been a big talking point.
The last quarter, we will discuss the secret to the companies continued success in asia, and u. S. Ambitions fortencent. Wilbur has set the stage for one of the biggest writing services softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 billion in shares 9 million in shares. I caught up with cory johnson and eric newcomer. Basically everything except the price, which is key. Who the sellers are, we dont know that for sure and therefore we dont know the total amount that is up to be bought. We have sort of a slate of governance reforms and we have softbank and a number of other potential buyers. The thing we have been negotiating over for the last many weeks now is those governance reforms and the process by which softbank would buy the shares. Emily talk to us about some of the governance reforms. There was some contentions. Steve made some compromises, benchmarks made some compromises. Tell us about those. Eric travis wanted benchmark to
The last quarter. We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest deals ever. The service has approved buy a 1s offer to billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 million in shares. I caught up with cory johnson and eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank and a number of other potential buyers. But the thing we have been negotiating for the last many weeks now if those governance reforms, and the process by which softbank would buy the shares. Emily so, talk to us about some of the governance reforms. There were some contentions over Travis Kalanicks role. They made some compromises and benchmarks mad
Tencents blowout earnings. Sales jumped more than 60 in the last quarter. We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest private startup deals ever. The service has approved softbanks offer to buy a 1 billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out up to 9 million in shares. I caught up with cory johnson and Bloomberg Technologys eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank, dragon year and a , number of other potential buyers. But the thing we have been negotiating over for the last many weeks now if those governance reforms and also sort of the process by which softbank would buy the shares. Emily so, talk to us ab