Moments about why they might be. Restarting qe and continuing it until necessary. Now for thetiers pointsand further basis into negative territory in terms of the key interest rate. In the United States, we are up three points for the s p 500. N activist story is doing well value act getting in on carport stocks, up about 8 now. The 10 year yield at 1. 70 . Crude is lower. We will be examining why later on. Just want to point to a strengthening china renminbi as well. There are marginal headlines on china. China is trying to tier talks and negotiations into two tracks. Google is up 0. 75 . We have a settlement in europe, 500 million on the part of google. We will talk about what that means for the company. Right now, investors rewarding the company. Coming up, Marathon Asset Management chair and ceo Bruce Richards will join me. An exclusive conversation coming up in one hour. The European Central bank cutting Interest Rates tend more basis points below zero to 50 now, announcing plans
We look at new financial options. Plus, is it has . Is it tesla . Bigticket acquisitions. And how much is riding on moonshot . Is significantly extending life even possible . All of that i had on this special bloomberg west. First, let me tell you about the Holding Company under which google is just another branch. Alphabet is what we once thought as google, but separated into more clear units. There is fiber, the internet calico, theer, biotech firm trying to cheat death, and x, home of the moonshot. The court moneymaking business still lives at google. Some are calling it classic google. It includes search, android, youtube, maps, and is being led by larry pages chosen one. Chai launched chrome who took over android operations and recently almost all of consumer google products. Joining me to discuss how we can accomplish big things is brad stone, and then leg. Ben leg. What can larry and sergey do that they couldnt do before . Arguably nothing that they havent already been doing. Ev
Driving car. In a blog post on monday, larry page wrote, quote, we like the name alphabet because it means a collection of letters that represent language, one of humanitys most important innovations, and is the core of how we indexed with google search. ,oining me from San Francisco the coceo and executive editor. Redstone is a Senior Writer for bloomberg businessweek. The cofounder, ceo, and editor in business insider. Im pleased to have them all here. Let me begin with henry in the studio. Why did they do this . Henry this is something a lot of people thought was long in coming. Google has been making massive investments in a lot of unrelated projects you mention, Life Sciences, self driving cars, things a lot of wall Street Investors look at as a huge waste of money with an uncertain payoff it looks like they are wasting capital. Wall street was eager to see real capital discipline. That is one. We are going to get to see what googles business looks like on its own and we will have
In a blog post on monday, larry page wrote, quote, we like the name alphabet because it means a collection of letters that represent language, one of humanitys most important innovations, and is the core of how we indexed with google search. Joining me from san francisco, the coceo and executive editor. Brad stone is a Senior Writer for bloomberg businessweek. The cofounder, ceo, and editor in business insider. Im pleased to have them all here. Let me begin with henry in the studio. Why did they do this . Henry this is something a lot of people thought was long in coming. Google has been making massive investments in a lot of unrelated projects you mention, Life Sciences, self driving cars, things a lot of wall Street Investors look at as a huge waste of money with an uncertain payoff it looks like they are wasting capital. So wall street was eager to see real capital discipline. That is one. We are going to get to see what googles business looks like on its own and we will have a bett
This is in keeping with the lob passing 1992 for full pertaining to the 1963 assassination of your global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti, and this is bloomberg. Emily i am emily chang. This is Bloomberg Technology. Coming up, amazons triumphant third quarter. Beat across the board and shredded estimates and expectations. Alphabet putting up the thirdquarter numbers and driving to an alltime high. We will look at todays earnings reports. Snapchat make fake news disappear. It is the only prominent social network that has not been negatively affected by the russian scandal. To our lead amazon tops analysts estimates, showing investors it can run grocery stores. And invest in markets all while selling Products Online and managing and expenses. For the first time, amazon is incorporating whole foods into the mix. Chainocery store generates 27 million in operating income in a period which includes about a