Million fine to settle privacy concerns. The proclaimed arrogance of callingvalley, a ceo the facebook pitch to lawmakers on libra by facebook uncomfortable. First our top story. Facebook, tesla, amazon all reporting secondquarter earnings. Amazon and alphabet reported thursday. Alphabet was all about sales and regulation. Our analysts weigh in. How google gets revenue, 85 of revenue is from the ad business. Competitionen the that they will be facing, you do not want to be in a spot where you have north of 80 of your revenue coming from advertising. I think they will place a bigger emphasis on the Cloud Business Going Forward. How much success they are going to have is hard to say. They have not been able to get out of the third slot. They are facing massive competition against microsoft of amazon who have had a lot success and put significant dollars behind that business. It will be something that will be hard to get out of that third slot but still a significant part of their busines
Settle privacy concerns. And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who h
And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who have had a lot of success
Concerns. And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat sumptuous presumptuous. We asked how it is impacting the broader Crypto Market. To our top story, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported thursday. For atbat, it was about sales and regulation. Two guests waited. Weighed in. 85 of revenue in google is from the ad business. I think that given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think they will place a bigger emphasis on the cloud. Usiness how much successful they have . They ared to say facing massive competition against microsoft and amazon who have had a lot of success and put significant dollars so i think it will be something that is hard to get out of there but still out of. But still a significant part. Emily they did by look or earlier this year and i ask
At the News Conference today steve. Thanks very much, melissa the Federal Reserve left Interest Rates unchanged at the june meeting but made a major change in the outlook, suggesting maybe a cut ahead, maybe in the next months meeting in july. Effectively ended the policy of patience as it was born, actually signalled where it wouldnt do anything for several months, instead it is now emphasizing uncertainties in the Economic Outlook and, quote, it would act as appropriate in economic expansion. Remember back in march no federal official forecast a rate cut in 2019. Now eight are on board with rate cuts, at least one this year, and seven of those forecast two cuts, and the fed chair saying even though they arent forecasting cuts, well, theyre leaning that way. The number of those that wrote down a flat race pass agree that the case for additional accommodation has strengthened since our may meeting. Uncertainty surrounding the baseline outlook have clearly risen since our last meeting i