Wednesday. Feels like a friday on after the bell. Lets look at the news thats happening at this hour. Team coverage with more on the markets. Hillary vaughn, covering the president elect. Lets start with you, the day before thanksgiving. What are we seeing . We are seeing a retreat partially for the s p. The dow transports, all retreating from record highs but the dow closing at 29872 on track for november since 1928. Youve got to go back really far. The nasdaq, first, record close september. 12,000 94. The first force was this rotation weve seen for the week out of tech to cyclicals that reversed today. Energy was your worst performer and tech was your second best performer. The second we noticed is the Economic Data that poured in this morning. That was a reality for many investors. Jobless claims rose for two weeks in a row. The First Time Since july, 778,000 americans filing for firsttime unemployment benefits. Claims rose the most in states where infections also rose the most. Min
So as we await those developments, weve got the dow, lets check it here, up 52 points. The s p better by 15. The nasdaq, up 58. All three of these indexes were down double to triple digits earlier. Right now, the nasdaq has been on fire. Now, since the march lows, its been the winner, right . The home of apple, facebook, microsoft and so many of the tech blue chips is a stock that is up. Nasdaq ceo is here to tell us where she sees big tech and all the other sectors in the nasdaq heading in the near future. And what might happen after the november 3rd election. Plus the zillow cofounder is not house hunting, hes Company Hunting. Hes here to tell us what hes looking for for his blank check company, his spac called super nova which just blasted off. Selfdriving cars, speaking of blasting off, roaring into the future and the present, hitting the streets of San Francisco without a backup driver for the first time. Gms cruz ceo here with how its going and should he convince you guys to get
And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention the republicans attacked the biden harris ticket as a looming disaster. Dynamic speeches from tim scott and nikki haley and the president as surprise appearance and a vocal audience preview will see it. Day two, melania speaks tonight, rand paul, eric and tiffany trump, you will see that too. I gotta say this, our heart goes out to louisiana, mississippi, texas and neighboring states. Marco faded but here comes laura. Landfall probably tomorrow, could be a cat two or three storm the people of ga
In 2018, a group of female Venture Capitalists banded together to found all raise with the goal to change the face of those investing in Tech Startups and the people who build them. It is the industry thats changing the world faster than any other, yet it is also one of the most dominated by men. Joining me today on bloomberg , aileen lee, founder of Cowboy Ventures, kirsten green Founding Partner of forerunner ventures, and maha ibrahim, general partner at ataan ventures, all partners all raise. Emily in april of 2018, you all were on the cover of forbes magazine. This is space normally reserved for men, normally reserved for male billionaires, and this is the first time, as i understand it, that a group of women was on the cover. When you saw this, how did it make you feel . We were all in awe. This was the culmination of months of work, and frankly, at this point, in decades in the background conversations, and wondering whether or not our industry was finally going to be as diverse
A piece over the weekend diving into the tech giants Cloud Computing arm saying its quote snuffing out the competition. Joining us now to discuss with us on set. Happy monday. Good to have you. The central question i think here is when is this sort of behavior selling your house brand not okay Grocery Stores do it. Best buy does it. You know, they got best buy internal brand tvs and what not. Is amazon so powerful and got good market share that this becomes kind of a soul crushing and anticompetitive activity. This is one of the Biggest Companies in america inside one of the Biggest Companies in america. If you spun it off it would be massive within amazon which has been accused of this kind of thing around retail, around all kinds of services it offers, its not a great look for it. Actually, this company even though google and others have gotten into the business, it still dominates and keeps it rating feature after feature after feature. If youre a Small Software player, youve got to