As 10,000 to customers who voluntarily give up their seats on overbooked flights. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, big tech declares the first quarter. We will crunch the numbers. Alphabet survives its ad platform backlash and unleashes a banner first quarter. We will highlight the numbers across the board. Microsoft concerns bubble to the surface. Shares drop from record highs after the thirdquarter report. We explain why. Popping inon shares extended trading. I want to bring you up where we are currently performing, up about 4 in trading after record highs hit on thursday. 3. 6 , the ecommerce giant reported a 23 increase in sales and a profit of 724 million in its quarterly report. The Cloud Services arm reported 43 increase in sales. Founder and Ceo Jeff Bezos highlighted the
As 10,000 to customers who voluntarily give up their seats on overbooked flights. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, big tech declares the first quarter. We will crunch the numbers. Alphabet survives its ad platform backlash and unleashes a banner first quarter. We will highlight the numbers across the board. Microsoft concerns bubble to the surface. Shares drop from record highs after the thirdquarter report. We explain why. Popping inon shares extended trading. I want to bring you up where we are currently performing, up about 4 in trading after record highs hit on thursday. 3. 6 , the ecommerce giant reported a 23 increase in sales and a profit of 724 million in its quarterly report. The Cloud Services arm reported 43 increase in sales. Founder and Ceo Jeff Bezos highlighted the
Alphabet parent to google up better than 4 right now. Set the action right here and the nasdaq composite is up a fraction as the s p 500 and the Dow Jones Industrial average. I would have expected a bigger move there so we will take a look at markets coming up. In Europe Markets are mixed right now, the cac quarante and dax index up fractionally. In asia overnight, markets closed like this as you see, shanghai composite scweaked out a gain. The airline settling with that person and his lawyer is now praising United Airlines, we will tell you why. Airlines comes into fire, southwest is getting proactive, it will no longer overbook flights. Populist site was down for several hours, what caused that crash coming up and mobile ordering a boom for starbucks, nearly onethird of sales were made online but popularity actually backfired, we will bring you the stories and joining me to talk about independent voice and president heather is with us the king of College Professor Brian Brendberg is
Plan to replace doddfrank. Punishing sanctuary cities and one border state is taking matters into their own hands. I will talk to greg abbot, governor of texas. President trump marking 100th day with rally in pennsylvania putting pressure on capitol hill, republicans to get a win on the board with a measure to repeal and replace obamacare and even calling out two pennsylvania lawmakers by name. We are going to give americans the freedom to purchase the Health Care Plans they want, not the health care forced on them by the government. And i will be so angry at congressman kelly and congressman moreno and all of the congress in this room if we dont get that damn thing passed quickly. [cheers and applause] theyll get it done. We know them, theyll get it done. Maria lets talk about that right now with Washington State congresswoman, rogers, the chairwoman of the House Republican caucus. Thank you so much for joining us once again. Thank you, great to be with you. Maria what happened last w
The stock market, you would want the Labor Departments monthly nonfarm payroll number. If the number is strong, you want to buy stocks if its weak, you want to sell today we got a barn burner of a number, 222,000 new jobs hallelujah with every area of the economy generating, which is why the dow rallied 94 points and the nasdaq and s p both advanced. When i wrote this book, i spent a tremendous amount of time trying to figure out what mattered to the market over the years running by Charitable Trust. Again and again, over those 15 years, the answer has been one single number. Growth is king theres been so much gloom lately that this number is busted, making me feel like a good reason stocks have rally sod hard lately. Employment growth means money to buy a car or a house heres why the housing stocks were taking a ride do i need to explain how hiring helps the banks and techs and industrials. The Labor Department gives you a very good report right now its health care and these stocks ha