We will bring you the latest on the showdown in the house of mouse. Im Katie Greifeld in new york, welcome to bloomberg markets. There is a lot of red on the screen behind me. You can see the s p 500 off by 1 . It does not help tesla absolutely dropping like a stone this morning which we will get to. Even worse if you look at the nasdaq 100. Your big tech benchmark off by 1. 4 . All the while you have a selloff in the bond market as well. You can see the 10 year treasury up eight basis points. We are just about at 440, the highest level of 2024. We have some breaking Employment Data in the form of jolt. Mike mckee is here to break it down. Michael if you want support for the idea the fed will be on hold longer. This is february data. The number of job openings actually rose in february according to the bls in part because the number in january was revised down so what we end up with is 8 million, 756,000 job openings in february compared with 8,748,000 in january. The initial report wa
Plus alphabet and meta are in talks with Hollywood Studios. Canva takes on adobe users. Lets get a check on the markets. Lots of green on the screen. A nice way to end the week. The nasdaq tech heavy, the semiconductor index, both rebounding, moving higher after inflations expert patient Inflation Expectations data made us feel more comfortable with rate cuts. We are going to talk about this throughout the program. It is down one percentage point but on track to have its best week in a year. Lots to discuss with the potential of spot etfs with sonali basak. Lets go to the private markets. Bloomberg is reporting spacex is considering an offer that would value the company at 200 million. That is where a company allows staff, employees, and some early investors to sell the shares they already own, existing shares, to outside investors. The price is set by elon musk, the cfo, and a lead outside investor. We are hearing the price could be up to 110. You do the math and that would be a jump
This is bloomberg surveillance with Jonathan Ferro Annmarie Hordern and lisa abramowitz. Jonathan this is your equity market at alltime highs coming in on thursday and the nasdaq closing at record highs. Lisa fueled by what . The market could hang in there because rates were rising for the right reason and now rates are going to go lower because were in the goldilocks sweet spot. We are dancing at the head of the pen with the idea of strength versus weakness. Jonathan 8 30 we get job less claims. Right now for walmart. The stock is up 2 premarket. Lisa they gain market share there. The idea that the beat across the board, how much is this about consumers feeling stronger and how much is walmart consolidating market share . Sams club 4. 4 versus 4. 3 . Jonathan if its good for walmart is a good for the economy . This is the commentary from the cfo. We are seeing customers historically thought for file you and now its value, quality and convenience. Lisa they are looking for a better pri
Businessweek megan murphy. Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way really changed the way you , think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave rose mcgowan and ashley , judd. Of course we are talking about Harvey Weinstein. A third woman, too, that chan
Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way, really changed the way you think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave, rose mcgowan and ashley judd. Of course we are talking about Harvey Weinstein. A third woman, too, that changed the landscape in media, a