Out. A little bit of brinksmanship, or brinkmanship, i should say, as joe corrected me. Less is more there are a couple more brinks, a couple senators youve got to wonder about. Okay, then. What happens with Susan Collins, what happens with lee from utah, who said hes undecided lee who mike lee . Oh, mike lee. Who wanted got two first names its confusing i dont trust people with two first names. Do you yes, generally. You do . Yeah. I think its confusing. Well youve got three, youre fine. Ive got three, three names some people say andrew ross, two first names, even though no, im talking about when your last name is a first name. Chris christie . Theres a lot of them, bill george, ted david. I just made that one up. I dont really think there is a person by that name. All right, lets look at what else has been happening in the markets. The tenyear note, one weve been paying attention to, too. Earlier this week you saw the tenyear pushing above 2. 4 , but now were back below 2. 36 . A cou
Thats how i feel about this incredibly strong year and the uber bullish reaction, dow gaining another 56 points, s p up and nasdaq. Theres just not enough supply, stock to meet the demand from buyers who had to radically switch orientation to deal with a much more positive backdrop. And thats been very good for the averages and your portfolio. Whenever anybody talks about stock shortage, automatically greet them with a little skepticism there are always bankers ready to pump out stock to meet demand but its not a wholesale shortage of stocks but stocks that fit the program meaning belonging to companies that are high domestic taxpayers and got a big boost to their earnings recent performance of amazon not doing well versus walmart, on fire two largest retailers out there. Walmart, effective tax rate of 32 , soon to be cut to 21 consistently buying back stock for he years amazon has higher but dont pay much in taxes because dont have much in earnings, spending to win and aggressive issu
Moon, super big and superbright. The first time in 15 years of bloomberg has synced up with a supermoon and a total lunar eclipse. Global news, 24 hours a day, powered by more than 2700 journalists and analysts. This is bloomberg. Emily im emily chang. This is bloomberg technology. Coming up, facebook, hit and miss. Our look at fourthquarter earnings for the social media giant and the most concerning metric or wall street. For wall street. How microsofts push into the blockchain and the cloud added to its bottom line added to the its bottom line this quarter. How microsofts push into the as Travis Kalanick and larry page get ready to testified. Facebook reports its fourthquarter earnings results. Here are the highlights. Revenue coming in at nearly 13 billion, beating the highest estimates from analysts. Monthly active users totaling 2. 1 3 billion, while daily active users came in at 1. 4 billion, slightly below forecast, one of the most important metrics that wall street cares about.
And cnn reports President Trump wanted to know where special counsel russia investigation was headed and asked if Deputy Attorney Rod Rosenstein was, quote, on my team. The top doj official in the russia investigation has sought trumps support in fighting off document demands. And the moon puts on a rare cosmic show today, a red blue moon, super big and superbright. The first time in 15 years a blue moon has synced up with a supermoon and a total lunar eclipse. Global news, 24 hours a day, powered by more than 2700 journalists and analysts. This is bloomberg. Emily im emily chang. This is bloomberg technology. Coming up, facebook, hit and miss. Our look at fourthquarter earnings for the social media giant and the most concerning metric for wall street. Plus, microsoft earnings also on cap. On tap. How microsofts push into the blockchain and the cloud added to its bottom line this quarter. The court battle between uber and waymo. We will get coverage as Travis Kalanick and larry page ge
And gop president ial nominee mitt romney is fueling speculation he may step back into state politics. In a tweet today he said he will make an announcement on february 15 about the senate seat skin to be vacated by orrin hatch. Two students were shot and one wounded critically in a Los Angeles Middle School classroom. Police took a female student into custody. It happened just west of downtown los angeles. Global news 24 hours a day powered by more than 2700 journalists and analysts in 120 countries. This is bloomberg and Bloomberg Technology is next. Emily welcome to Bloomberg Technology. Apples brandnew headquarters with what else but Apple Earnings. I just got out of a meeting with tim cook i will bring you highlights. Lets dig into the numbers. Apple selling slightly below estimates. The average selling price was 796. The company hitting an all time revenue record. 88. 3 billion. I want to bring in cory johnson in new york. I want to start with a quote from tim cook, there has bee