59 minutes left to trade, kayla. And that green screen is not something we have seen in a while. We have a big show ahead today on closing bell. A big deal for big steel well talk to the ceo from Cleveland Cliffs and his outlook on the economy later, sneaker startup all birds scoring 100 million in fresh funding. Valuing the company at 1. 7 billion the coceo will join us to tell us how his Company Plans to spend that cash and well have that later on in the show. Lets focus in on the big show were tracking to days rally. Theyre covering the latest tensions in the tech cold war with china start us off on the Broader Market and what youre seeing behind the scenes today. Yeah. Market making the case that last weeks lows and got some traction near the levels its not Something Else tachlt a look at the s p 500 year to date all the indices have a similar look with different mag any tudz we were talking about this level for a long time. This is where we hit the lows a few times last week aroun
So what is becoming the infrastructure of the 21st century . These mammoth buildings, more than 20 filled with electrical generators, hundreds of thousands of batteries that are Server Computers and everything we do almost every day is accessing or storing data in the cloud for a data center. You have 100 of these and 20 countries . More than 20 countries more than 100 data centers. Microsoft is one of the largest google amazon facebook and apple we all build more and more of these data centers its where we store their data so they become the Largest Consumer of electricity in the world. Host if i send an email from outlook to the office does it have to go to the data center . It doesnt have to you can still use our software in the form to store it on your own laptop or on your own server computer in your office. But the world has moved to the cloud over the last decade. It is far cheaper, secure, you have the latest technology and not upgrade yourself and rely on microsoft Cybersecuri
Southeast asia, gdp out of fullyear growth for 2019, philippines not playing ball the first trading session and dollaryen, gold, oil and treasury futures looming, looking at where we go moving forward as well. Dollaryen 108. 66 and gold futures pulling back slightly, by a futures contract. That is the markets. Uneventful. Here is the first word news. Kim jongun says he is no longer bound by a pledge not to willmissile tests and debut a new weapon. He says u. S. Sanctions leave him no choice but to reconsider commitments that underpinned his meetings with President Trump. Trumps reaction was muted, repeating that kim agreed to denuclearize. Hong kong kicked off the new year with renewed protests, vandalism and tear gas. Demonstrators and Police Clashed into the night after tens of thousands of mostly Peaceful Protesters took part in a march. Protesters vowed to maintain their fight for more democracy and less chinese control. Willdent trump says he finalize the first phase of a trade de
Protects access to new medicines and cures and lowers out of pocket spending and strengthens transparency and accountability and champions competition. H. R. 19 acts in the interest of hardworking americans. I urge my colleagues to support this bipartisan, commonsense amendment. I yield back. The chair the gentlewoman from california is recognized. Ms. Porter claims that h. R. 3 ill stop cures is fear mongering. H. R. 3 makes substantial more ment to help create cures and most importantly will make sure those cures can actually help people in their lives. Fair that the government, elected by the taxpayers, and the appointed by , elected officials, should get to negotiate drug prices, and it not come at the expense of innovation. I reserve the balance of my time. He chair the gentlewoman reserves. The gentleman from oregon. Mr. Walden i reserve. The chair the gentleman reserves. California man from is recognized. Speaker, how r. Much time remains . The chair the gentlewoman has 30 secon
Meeting with, and of course better known as the new nafta. And the s and p and the nasdaq hitting new highs. Lets bring in our investment committee. Joe, stephanie and john, marg reet reed, union bank private bank, and rob of ubs private wealth management. So stocks, joe, pushing to new highs. Youve got the president who is probably going to tout a strong economy, high gdp, low unemployment is he going to give the market another leg up i think you and i used the phrase coiled spring here we are, we are springing higher, with very good reason. I think when youre looking at the steepening of the yield curve, the uninversion, if i could create a word, the uninversion of the yield curve, theres been a significant rebound in yields. And then earnings, and steph talks about earnings all the time eps gross was expected to be negative, 3 to 4 we came in down only 1 . So i think there is a lot to present a very fertile environment for the capital markets. Every asset class is higher. Where is t