The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President Trumps relationship and xi jinping. Protests in atlanta to report. Meanwhile an Capitol Hill Senate republicans unveiled Police Reform bill as House Democrats call for more action. Coming up at 7 00 a. M. Eastern this morning new york city mayor Rudy Giuliani will join me with his valuable insight on policing in america, the former mayor today telling us his reaction to all of this. Then cracking down on big tech, Justice Department looks to limit protections enjoyed by Technology Companies as c
Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, we were watching the futures and up as much as 250 in the morning. Weve been keeping an eye what is happening with the treadsry markets. Right now, it looks like that 10year yield is just at 0. 71 andrew good morning. Thank you. United states pulling out of talks with europe to tax tech giants Steven Mnuchin saying international talks have hit an impasse and there wasnt even room for an interim deal it threatened retaliation if they move ahead with plans of their home a number of European Compan
New york city, blake burman with the latest from the president and Lauren Simonetti is watching the markets. Lets kick it off with kristina. Reporter ive been all across the city. Now we stopped in the diamond district. Iconic, on west 47th. What we can see pretty much sound looks like a construction site as many businesses with the exception of this one here are clearing out all of their goods, boarding it up with wood. This comes at a time when new york city has enact ad curfew, a much, much earlier curfew 8 00 p. M. Tonight. Many shops, trader joes are closing much earlier. Signs are closing at five to 6 00 p. M. So store clerks get home as safely as well. You have almost 2,000 arrests just over the past five days in new york, primarily a lot of these looters, just over the past 48 hours, targeting stores all across the city. 700 arrests just within the last 24 hours alone. One store, rolex, talking about the diamond district, got to mention rolex, they lost roughly almost 2 1 2 Mil
Companies, the same companies that control the lions share of patterns, that have an extra amount of my comp that are able to attract the best talent because that the best food, you know, that have the relationships with universities and it doesnt mean there are not other Companies Like salesforce or nvidia uber that are not doing Amazing Things but its through these nine compass Everything Else flows. The entire ai ecosystem in some way or another patches of these nine. In addition to all of the things i just mentioned they also building the frameworks and the custom silicone chips and they have the code bases. All roads lead to these nine companies, and the challenge that i have is that if its the case that Artificial Intelligence is not just been built to create a better microwave, although thats cool, but instead to optimize our lives come using data as currency, what does it mean when we relegate that to just a handful of companies and handful of people working at these companies
Next on book tv, programs from our archives the focus on technology. Even watch them in their entirety by visiting our website booktv. Org. Use the search function at the top of the page. First of march 2019, nyu school of business professor amy webb, Artificial Intelligence and giving too much power to big corporations. My job is to lower risk for a living. I primarily focus on technology. Over and over i kept going back to the same Nine Companies pretty he sang companies, a controlling share patents. That have extraordinary amounts of money. Theyre able to attract the best talent because they have the best food. They have the relationships with the universities buried and does not mean that there arent other Companies Like salesforce or uber that are doing amazing things, but it is these are through the sign companies and Everything Else flows. The entire ai ecosystem in some way or another touches the sign. In addition to all of the things, there also building the frameworks in the