And the nasdaq pole volting 9. 5 , it was the fang stocks that led the charge higher. Yeah, facebook Amazon Google and now alpha bet. Weve got a marvel there is still one more rotation going on. This time back into the nasdaq. What gives . How did these stocks suddenly get their groove back . First as we put out last week tech never really goes out of style. If its really good it just simmers and waits and then pounces. This is an ageold pattern yi urged to you buy these tech stocks while they were down rather than abandoning them. How is it that this doesnt always seem to work. For one thing these fang stocks truly have no flies in them. They have a good story to tell. When we have a major move into the industrials and they are stretched as they have been these uber tech stocks dont seem as expensive as the rest of the market. Take facebook. We know we need to analyze this stock based on what we call the out years. By some estimates facebook is trading at a slight premium to the avera
Necessary deemed the delay his chargescause for hate crimes are ongoing. Im courtney collins, this is bloomberg. Caroline this is Bloomberg Technology. Backingp, the u. S. Not off allegations that russia was behind the data breach at the dnc. Details from the senate Cyber Security hearing. Plus, time warnerat t megamerger back on the brink. Why President Trump might get in the way of the deal. And titans from tech hold court at the ces in las vegas. From the future of cable tv to the surging home sharing market. The first two are lead. Security is emerging as a major tech concern for 2017, and it came to attention today at a u. S. Cyber security hearing where russia was front and center. Officials confirmed that russia was behind attacks during the president ial election. Intelligence officials said only russias most senior officials could have authorized the data theft. One day beforet president elect donald trump, who had previously cast doubt on the findings, is to be briefed on the
Necessary deemed the delay his chargescause for hate crimes are ongoing. Im courtney collins, this is bloomberg. Caroline this is Bloomberg Technology. Backingp, the u. S. Not off allegations that russia was behind the data breach at the dnc. Details from the senate Cyber Security hearing. Plus, time warnerat t megamerger back on the brink. Why President Trump might get in the way of the deal. And titans from tech hold court at the ces in las vegas. From the future of cable tv to the surging home sharing market. The first two are lead. Security is emerging as a major tech concern for 2017, and it came to attention today at a u. S. Cyber security hearing where russia was front and center. Officials confirmed that russia was behind attacks during the president ial election. Intelligence officials said only russias most senior officials could have authorized the data theft. One day beforet president elect donald trump, who had previously cast doubt on the findings, is to be briefed on the
Its going to be dropping right back down into the 20s. The feels like temperature in the teens right now. Hour by hour into the night, right back down into the low 20s by late evening. Now to the president ial transition. Nbc news has confirmed what a lot of people suspected. Donald trumps soninlaw will be taking a job at the white house. That may be just one of the staffing controversies we see play out this week. Steve handelsman is on capitol hill to break it all down. Jfk named his brother bobby as us attorney general. Soon after that, congress banned that kind of nepotism. Now donald trump will test that ban. A top aide confirmed the president elect is giving a top job to his soninlaw, hiring Jared Kushner ae as trump today hailed fiat for hiring u. S. Workers. Yes. We had a great meeting. Its jobs. You just saw what happened with fi fiat. Not all the nominees who have hearings tomorrow and wednesday have passed background checks. Many have vast hold gings in stocks and very few h
The impact of the catholic vote posted by catholic universitys institute for policy research. It is live at 9 00 a. M. Eastern. Were live with technical and policy experts looking at the implications of the militarys use of artificial intelligence. Watch both on cspan2. Tonight on the communicators, scott walton, resident in senior fellow at the policy institute and the Senior Vice President at Public Knowledge talk about their opposing views of the at t time warner merger and what that means for telling communications. They are interviewed by bloomberg. Content. Er he is right. That is the way the vertical merger could be competitive. If they treat their own that is going to be the Biggest Issue that the Justice Department will want to look at. Concedes what you get out of your breakfast out of your smart refrigerator, when you go to work in the morning, when youre walking by mcdonalds on the way to work, and can combine that with content that you get from this to dissect every elemen