Peering into palantir, our exclusive conversation with alex karp tells us why protesters wont stop them from doing business with the Trump Administration. First, a shakeup at hp, the ceo resigning, leaving the company to attend to a Family Health matter. He will be replaced by the current head of the printing unit of hp. He has been instrumental in improving cost structure and organization, helping profitability. To discuss, ian king and dan morgan. Dan, you have a position in hp. Ian, i will start with you. What more are they saying . I had a chat with them both. He reassured me this is personal and not a decision he took lightly. He has to go back to his native australia to deal with his family situation. If you take him at his word, there is no background story, no corporate scandal, no push out. Emily dan, shares of hp up 55 since he took over in the split with hpe. He has grown revenue, profitability. What is the impact on the company . It is interesting because we go back to meg
Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This has been the thing we started watching so closely yesterday. You did see an inversion of the yield curve with the ten year yield challenging the 2 year yield. Right nowits slightly above the 2year as it should be at least. That inverted slightly yesterday late in the session. Right now 10year is yielding 1. 581 the two year is yielding 1. 561 . Were getting close on that again. That and maybe this as well investors suffering a bit of whiplash this morning as President Trump changed his messaging o
Customers will be enticed to upgrade. , ourng into palantir exclusive conversation with alex why protesters wont stop them from doing business with the Trump Administration. Hp, the ceokeup at resigning, leaving the company to attend to a Family Health matter. By the be replaced current head of the printing unit of hp. Inhas been instrumental improving cost structure and organization, helping profitability. To discuss coming in king has been covering discussed, ian king and dan morgan. Dan, you have a position in hp. Ian, i willtart start with you. I had a chat with them both. He reassured me this is personal and not a decision he took lightly. He has to go back to his native austria to deal with his family situation. , noe is no background story corporate scandal, no push out. Of a. P. Up shares over in the took split with hp. What is the hpe. What is the impact . Whitman back to meg splitting up these companies. Everybody was putting their money on hpe. Hpit is interesting to see doi
Of a sales plunge, whose says the company has a plan b. And the cost of being cool. A former executive testifies the Company Fired thousands of workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, seeing a surge in services, which now contribute to a fifth of total sales. They also reported the iphone represented 48 of revenue, the first time it has made up half of sales in several years. In a way, this is progress towards apples less reliance on the flagship product and more on new lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages about 240,000 shares apple stock for his clients. Dan it is an interesting report. If you would have told me they would have missed on both services and revenue, i would have s
But the company says they have a plan b. And a cost of being cool, the former ibm executive testifies that workers were fired in an effort to compete with google and amazon. The latest on multiple age discrimination lawsuits facing big blue. The top story of the work the toppingple earnings analyst estimates seeing a surge in services contributing to 1 5 of total sales. They also reported that the iphone represented 48 of revenues, the first time the object has made up less than half of sales in years. In a way its progress towards their relying less on flagship products and more on s of business. New lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages apple stock for his clients. Dan it was interesting, if you would have told me they would have missed on both services and revenue, i would have said there was no way they would beat on top and bottom line. But as you mentioned, wearables, 5. 5 3 billion, that was a