Thats hoping to boost sales. The stock is on pace for what would be its seventh straight day of losses. Its down 20 in this month alone. And the house passing legislation over the weekend that could lead to a ban of tiktok in the United States. Lets begin with the markets after last weeks tech selloff. You now have 29 of the nasdaq 100 components down 20 or more below their 52week highs, more than 3 4 of the ndx falling from such highs. Friday, the equal eight s p, best day in a few years. You know, we saw something really interesting on friday, super micro, down 25 . Thats an analog to nvidia. Nvidia has much higher intellectual property. Thats because it announced when its quarter is coming and this is the first time in so many quarters they have said, hey, were doing better than expected. Its similar to what happened to broadcom. Broadcom, on april im sorry, march 8 said the same thing. They did not preannounce. Go back to that period, the unemployment number that friday, thats the
Im carl kiquintanilla and melis lee. We turn to black friday and all things retail. We might get records for the s p and the nasdaq at least at the open euro at the sixweek high against the dollar having the best run since july. Europe is up and oil is the other story, thats a two and a half year high and that opec meeting next week. Our roadmap begins with the season for shopping. Retailers have focused on the holiday shortened day. Macys hoping the post thanksgiving spending free will end a threeyear sale slump. A massive data breach made public on tuesday and now reports the new ceo has known about the hack for months. It is black friday, the official start of the Holiday Shopping season many shoppers already got a head start. By last night consumers had spend 1. 5 billion online. Consumer spending up nearly 17 year on year until 5 00 p. M. Last night according to adobe analystics which tracks Online Transactions at the top 100 retailers. I think the headline in the journal today on
Time in history. Instead it rallies to new highs dow gaining 256 points s p climbing 1 . And while that may seem crazy, theres actually some very good explanations lets start with the negatives, though first there was this mornings tweet from the president , meeting with chuck and nancy today, of course, chuck schumer, nancy pelosi about keeping government open and working. Problem is they want Illegal Immigrants flooding into your country unchecked. Are weak on crime and want to raise taxes substantially. You know at most times the story like that about a potential Government Shutdown would have sent the stock market into a complete tailspin. Government shutdowns are synonymous with lower stock prices even if the democrats hadnt canceled their meeting the rally over this could take weeks, months secret that tends to weigh on the stock market. But not this stock market. Instead we rallied on the news why . Who knows. Maybe it signals that the republicans dont need votes to keep it fund
Experts say germany is losing its tech age europes economic engine is behind in the global race today are made in germany we take a look at where the germans are in robotics currencies an Artificial Intelligence and in physical and. Robots assuming the journeys of sales personnel surgeons being offered an entirely new dimension of control in the operating Theatre Technology is on a rapid trajectory and germany is playing its pot is the first report in our new series digital germany with the w. s and matthew on hit it. How you spin pie im told is are you looking for a specific products yeah not so fast please speak after the b b. Yeah. Very says what are you looking for im looking for a t. V. May i take you to the television department. Yes please not so fast please speak after the b b. Yes you please create at this time spectacular. Careful im setting off and follow me. Paul is the new Sales Assistant here and the first robot ive ever met. Oh if youre a bit on the slow side. Come on. H
And been fizzling robots assuming the judys of sales personnel surgeons being offered an entirely new dimension of control in the operating Theatre Technology is on a rapid trajectory and germany is playing its pot is the first report in our new series digital germany with the w. s and matthew on here to. The spin pod im told are you looking for specific products yeah not so fast please speak after the b b. Yeah. Very what are you looking for im looking for a t. V. May i take you to the television department. Yes please not so fast please seek after the b b. Yes you please create at this time spectacular. Careful im setting off and follow me. Paul is the new Sales Assistant here and the first robot ive ever met. Oh if youre a bit on the slow side. When. Hes even got the small talk down his job is to make people feel more comfortable with robots. And if you must robotics are set to become a bigger part of our lives i mean if i increasingly people will be using robots there will be a law