Larry . And weighing in on the cryptocurrency. First, to our topsoil. A direct listing on thursday. Yet waiting to see what the Reference Price will be. The they find themselves in beyond meat camp with a sizzling debut or will it be more like a sizzle like uber and lyft . Product growth. It grew from half a million almost 6 million. New column out. Lets start with you. , youformer head of growth have a beloved product, but Revenue Growth is slowing down. Cannot be we accelerated . Accelerated . E slacker is really coming into the workforce. Emily you think that it could start to grow faster than it has . I cannot make predictions on how they will do, but i am excited about mistakes. Anywhere have heard from 16 to 20 billion. How does that compare . These young and fastgrowing companies are beating at what seems to historically rich valuation compared to their revenue. You mentioned the column that i wrote about this new stratosphere of multiples of revenue. Think we have seen it befor
Jay powell is also losing patience and is ready to cut. The dollar fell against most major peers. The s p 500 is near a record. Xi jinping heads for historic talks in north korea. Beijing says its influence on the divided Korean Peninsula remains significant. Kathleen we are starting on the bond market because that is where we saw the action, really saw the reaction to the Federal Reserves decidedly dovish turn. Side of your screen, you can see the big move down. We had the 12 basis point drop in yields. 1. 74 . , jim bullard,ove president of the st. Louis that, saying the fed should cut right now, today, really putting some fire into treasuries. As for stocks, your alltime high for the s p 500, these are not big gains, but these are gains, nonetheless and we have seen s p futures pointing to a. It of a decline if you look at fed funds futures, that that is they could definitely do it as early as the july meeting. How about this playing out in asian markets. The stock rally brother loo
Criticism and says he will finish the job. Jay powell is losing patience rallied for at third day while the dollar fell. Asian markets looks set to ask and the gains. Facebook aims to liberalize International Payments with a new digital coin. We hear from Sheryl Sandberg. As we look at the market close in the u. S. , the bond market is where we saw so much action. Looking to the two year treasury note, reflecting jay powell and the individual forecast showing whether they expect to hold her cut rates confirmed what markets have been betting on. The 2year note had a drop of 12 basis points. That is a big move for a piece of paper. Stocks pretty much expecting the fed would be somewhat dovish. You can see some nice gains across the board. The s p 500 near an alltime high. Futures ago the reporting a little bit negative. Look at this green, seems to be growing by the moment. Im wondering, as you look at the asian markets, are we starting to see this optimism . Sophie we are ready to track
And asking the question, where is larry . Sandberg speaks. The facebook coo weighing in on the cryptocurrency. First, to our top story. Slack is hitting the Public Markets with a direct listing on thursday. We are waiting to see what the Reference Price will be. We could get that at any moment. Will the Software Maker find itself in the beyond meat camp with a sizzling debut, or will it be more like a sizzle like uber and lyft . To discuss, i want to bring in a partner at venture partners. Before that she was the head of product growth that slack. Under her watch slack grew from half a million to almost 6 million. And, a new column out on slack. I will start with you. As a former head of growth, you have a beloved product, but Revenue Growth is slowing down. At this can that be point reaccelerated . Potentialas a lot of in front of it. A generation of people are used to communicating synchronously, using the internet, are coming into the workforce. Emily you think that it could reaccel
Nathan, and guy adami. We start off with the latest escalations between washington and beijing. Chinas Foreign Ministry responding with sharp words to the u. S. House passing a tiktok crackdown bill. A spokesman saying today that the vote, quote, lets the United States stand on the opposite side of principles of fair competition and International Trade rules. And that if socalled National Security reasons can be used to willfully is up press other countries superior companies, there would be no fairness to speak of. The comments come as Steve Mnuchin made a surprise announcement this morning that he is looking to buy tiktok. Would a deal like this would be allowed to go through . Are we on the precipice of a real blow to u. S. china relations, that the market isnt pricing in at this point . Tim, what do you think . I think theres no question weve had different points in the last couple years where it felt like tensions were escalating to, almost like, how could you not . Huawei, i thou