Thus, sam beckman freeds testimony is the latest mustsee moment. We will look at the thorny issues over technology between the u. S. And china as President Biden plans to meet with the foreign minister. First, lets get a check on the markets with abigail. Abigail we are looking at a bit of a bearish day. Two down days in a row for the major indexes. What makes it so interesting, these quarters on the surface are not so bad. Metawas pretty good but it is the disappointing for alphabet. Right now in a correction territory, bringing the nasdaq 100 into a correction territory. Meta, the color around the ad spent weighing on shares. You can see the nasdaq 100 since jp morgan reported, it is down pretty sharply. We have another down day and another down month for the nasdaq 100. Big tech getting hit on some of these earnings. Amazon after the bell. The last two weeks, take a look at the losses for some of these names. Alphabet and meta down double digits. Apple is next week. When we put this
Chatgpt but with chatgpt boom with a stake in openai. Publicly traded markets from the macro context, this is one where we see a search for safety. Iran, israel, geopolitical risks heightened, and a squaring away of certain volatility that weve seen throughout the week when it comes to concerns about cpi, ppi as we move towards the weekend. Equities for once are moving the opposite way of the bond market, even though the bond market has been selling off it managed to ride higher. Today is the opposite paired we have seen money move into the havens that are the 10 year yield off by 8, 9 basis points. Money moving there. Money moving into the bloomberg dollar index, the highest weve seen since 2024. Money coming out of equities as we worry about geopolitical tensions off by one point 1. 4 on the nasdaq. Moving on, having a look at what is happening at another key risk asset, actually surprisingly flat for bitcoin over the course of a week. No volatility on a daytoday basis, we have just
California, May 1 (MExN): The founder of NagaEd, Kevisato Sanyu, is set to represent the Northeast at the prestigious TiEcon 2024 in Silicon Valley, California. Hosted by TiE Silicon Valley, this event is renowned as the largest and most prestigious entre