hackers out number cyber personnel, at least 50 to one. and inching toward disaster, growing concerns across the midwest as people watch flood waters inch closer and closer to their homes and businesses. our nbc news reporters are following all the latest developments for you. we re going to begin with major flooding tormenting the midwest now as the national weather service says we are still days away from the mississippi river cresting. let s go to maggie vespa, joining us from davenport, iowa. we can see evidence of the mess behind you, maggie. the usda is reporting that barge traffic, that has been halted across the upper mississippi river for likely weeks, and this flooding is only expected to get worse, so how are folks there preparing? reporter: first and foremost, what you highlighted, that is a rare move. it s unclear at this point how and or if that might trickle down to consumers but definitely something to watch and something officials say to be worried about. a
a happier new year: after months of covid chaos, can china s economy pull a rabbit out of the hat? hello there. we start in the swiss ski resort of davos, you know what, stay. stay with me. sometimes, this happens. just to prove it is live. chuckles. we will talk about what keir starmer is talking about. the opposition labour party leader. he has very much been sweet talking the elite, the top bankers at the world economic forum. he has been reassuring the financial elite that labour is pro business and pledging to do more to attract foreign investment into the uk if they win power next year. labour points to un figures, showing the uk s share of world foreign direct investment has declined since the conservatives came into government in 2010 from 8% tojust1.7% the lowest since records began. that s according to the un figures. the bbc s economics editor faisal islam reports. at the world economic forum, some of europe s top bankers and ceos assembled to meet the leader o
I rarely read news articles on me. Even alter isaacsons book, i asked walter should i read the book and he said no so i did not read the book on myself. I actually dont quite know what the Public Perception is. Except that the nature of news is that it is going to be salacious. It is going to be somewhat of a caricature because the more crazy something sounds, the more clicks it will get. When you think about a news story about something you know well and say, how accurate is that new story about something you know well, i think you will find it is not very accurate to that is true for everything. There is sort of a desperate quest for clicks. The more crazy the headline is, the more clicks it will get. This is not to suggest there are not true things by the media. It is best thought of the medias best thought of as a click maximizing machine and not as a truth maximizing machine. I think it is best to look at the words someone says themselves as opposed to what is written about them.
S. A. P. Out performs thanks to double digit cloud revenue growth. The u. S. Says egypt will open the rafah crassiossing to w aid into gaza. Coinbase picks ireland as the base and washington is preferring to pick fights than resolutions. It is perhaps they take advantage of the tragedies that occur to focus on sectors or industries. Good morning. Welcome to street signs. Tesla and netflix have kicked off the tech earnings with both reporting after the bell yesterday. Netflix is up a whopping 13 . Tesla in contrast down 4. 5 . Lets detail what we learned. Tesla has posted the first top and bottom line miss since the Second Quarter of 2019. Vehicle price cuts drove margins down 16. 3 excluding credits and marking a fourth straight quarter of decline. Shares initially rose in trade, but dipped as ceo elon musk said he is concerned about high rates weighing on consumers and emphasized the need to make its cars more affordable. Im not saying things are bad, im saying they might be. I think
Sold the qs which i find interesting. And last week you said that you are longer now than i you can remember so why did you trim alphabet i add significantly to alphabet in the 130s when all the genesis and noise came out and i thought it was a Short Term Impact and there was no there there. So i took the opportunity to really super ssize the position and now cutting it back to normal size. It is still one of high larger positions. But i dont think that it was prudent. So really risk manager and in terms of the qs, im short the qs as a heenlg because i have no idea what the Inflation Numbers will be. So i sold the position i had after eight days of market straight up, i would have sold them anyway. Because they are always a trade. They are just to express a near term view. So my near term view is just risk management. I have so much beta in the portfolio through the big names that i thought it was prudent to put a little hedge on it im thinking like you look at meta month to date, up 8