It will cost a consumer about five dollars a month. How the price and content stacks up against other streaming content companies. And the hits keep coming. Mutual fund giant fidelity reduced its wework valuation by 34 in march, adding to the Office Rental companys preipo woes. But first to our top story, it was a big day for apple as the tech giant launched its newest hardware at its annual Product Launch in cupertino, california. Among the new items, a new apple watch and a lowcost ipad, not to mention announcements tied to its new services, apple tv plus and apple arcade. But as always, all eyes were focused on the freshest versions of the iphone. This is the iphone 11 pro, and these are the most powerful and most advanced iphones we have ever built in a stunning new design. Taylor apple unveiled the iphone 11, the iphone 11 pro, and the iphone 11 promax. The iphone 11 is about 50 cheaper than the iphone xr, coming in at around 700. The iphone 11 pro will still hit the same 1100 mar
And three cameras. Details on those devices and more like the apple watch series five. And we get an exclusive check in with linkedin ceo. His thoughts on the Company Three years after microsoft acquired the website. We begin with one of our top stories this week. Wednesday thatd the ceo is taking a leave of absence for health reasons. Move alongse the with Quarterly Earnings a day earlier than results were scheduled to be released. Whatompany did not specify issues he faces or how long believe will be, but the executive chairman released a statement saying quote oracle an extremely capable ceo cfo and a deep team of executives with long tenure. We will cover marks responsibilities during his absence with support from the rest of our strong management team. Discuss, i spoke with a Bloomberg Intelligence Senior Analyst and our Global Executive editor tom giles. As far as believe, there have been signs that he may not be unwell. What was not expected was the announcement to come today. A
More like the apple watch series five. And linking up. We get an exclusive check in with linkedin ceo. His thoughts on the Company Three years after microsoft acquired the website. We begin with one of our top stories this week. Oracle announced wednesday that the ceo is taking a leave of absence for health reasons. They disclose the move along disclosed the move along with Quarterly Earnings a day earlier than results were scheduled to be released. The company did not specify what issues he faces or how long hes leave will be, but the executive chairman released a statement saying quote oracle has an extremely capable cfo and a deep team of executives with long tenure. We will cover marks responsibilities during his absence with support from the rest of our strong management team. To discuss, i spoke with a Bloomberg Intelligence Senior Analyst and our Global Executive editor tom giles. As far as his leave, there have been signs that he may not be unwell. What was not expected was the
Denny, welcome good to see you. Thank you for having me appreciate it. Weve got about a hundred s p names on the tape so far for the quarter and in tech, at least, if you strip out netflix, what has there been to complain about, really . There really hasnt so far. You know, the numbers, particularly if youre focused on companies with Long Duration competitive advantage and you would highlight over the last couple of weeks, weve seen microsoft, for example, put up exceptional numbers, as the cloud transition continues and azure continues to ramp and you know, its just amazing, if we think about the numbers there of their commercial Cloud Business, which is effectively the size of Amazon Web Services. Its a different kpocomposition, mix of business. But both of those businesses are growing 40 at 40 billion annualized its pretty remarkable numbers so, you know, a great area to continue to be in. Microsoft, you know, still trades at, you know, an evaluated but reasonable valuation. Asml pu
That key 3000 level again. Joining us for the entire hour nancy tangler from tangler wealth management, welcome, nancy. Thank you, sara. We are seeing a nice rally on wall street. What are you doing right now what are you buying . Still focused on the consumer the china news is good but i dont expect us to get a deal soon u. S. Consumer. Yes, thank you. Although china did pretty well according to coke. Yeah, great interview by the way. Thank you mcdonalds, home depot, starbucks, those are some of the names we like in the consumer space as well as coke, one of our largest holdings. Who do you think likes the bachelor more i didnt know tyler was a fan. Im a super fan. Anyway lucky were getting that show on cnbc. Theyre one of the best couples. The new show. Oh, theyre from the bachelor. Im lost. Kayla tausche and seema mody has United Technologies and josh lipton has details on potential app de apple deal in the works and diana olick. Kayla, lets start with you. Wilf, theyre expected to