And leaving more People Holding the bag. Speaking of those meme stocks, gamestop, up more than 20 off its highs of the session, amc up more than 30 . Also off the highs. Additionally, names with high short interests, nova, virgin galactic, plug power on a move as a result of the meme return. Now on the Broader Market front, the dow given up its Early Morning gains. Lower by 19 points. S p up 4 points. And the nasdaq up a third of a percent. Chinese tech on the move. Alibaba down 7 posting an 86 profit drop, kelly. And google, holding a major developer event announcing a new version of gemini ai. The stock only up fractionally today. But well have a lot more on that in a minute. First, an update on the bid for paramount and david faber has the details. Hi, david. Hey, tyler. As you guys well know, ive been following this closely as i did 30 years ago. Another saga perhaps worthy of its own movie is the battle for paramount. Some things to add to the mix today because we have been very m
Mulvaney says the administration will send congress a disaster aid package. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Cory im cory johnson. This is Bloomberg Technology. Coming up, facebook, twitter, and google all under the spotlight as the Senate Continues to probe russias influence in the election. What changes could be underway for tech giants. Plus, google unveiling a generation a Second Generation of its most popular devices along with new gadgets, but can they catch up to apple . And a Speaker Company rolls out a voicecontrolled the voice voicecontrolled device. Members ofr lede, the Senate Intelligence Committee Said they will not be releasing russian finance ads financed ads turned over to them by facebook. They issued a stark warning as well. The russian measures did not and on election day, did not end on election day, 2016. They were not only
Why are you advocating for that . I always advocated for title vi i only advocated for title iii because it would prevent the people from puerto rico suffering freiggreat losses the title iii proceedings are going to a mediation type effort when rational people can discuss things, we can get to good outcomes reporter retailers across the world look for the holiday season, black friday, to get them into the black. When i think about puerto rico, i think about that same period of time, starting november, december, january, where the influx of tourism and cash comes through. If that doesnt happen, how do you prove out your thesis that a reorganization of the debt is even something that you can service . Well, heres the thing. Tourism is an important part of our economy. But we were really underutilizing tourism in general. It only represents 7 of our economy. When we look at, you know, pharmaceuticals and so forth, that represents about 46 of our economy. So that is really what were makin
Election and has not reached a conclusion. That is according to the Committee Chair and the vice chair. They also warn tougher measures needed to be taken ahead of the 2018 election. White house budget director mick they also warn tougher measures mulvaney says there will not be a federal bailout for puerto rico, even after President Trump mentioned wiping out that red ink as part of hurricane recovery. Mulvaney says the administration will send congress a disaster aid package. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Cory im cory johnson. This is bloomberg technology. Coming up, facebook, twitter, and google all under the spotlight as the Senate Continues to probe russias influence in the election. What changes could be underway for tech giants. Plus, google unveiling a Second Generation of its most popular devices along with new gadgets, but can they c
Here. Solo vehicle crash around bird avenue on 280 past the split there, and somebody lost control and are blocking the left lane. No delay at this point but i will keep my eye on that. Another problem off the shoulder, 101 near mckey road, and thats not blocking, but maybe onlooker delay in that area. We will take a look at drive times coming up in less than ten. Happening today, u2 is coming to the bay area, and 50,000 people going to levi stadium at rush hour. And Amy Hollyfield is live with how Public Transit will be put to the test. Reporter they are telling people they need to be aware its going to be congested around here and they still arent sure who is going to pay for this. As you can see from the view of sky 7, 50,000 people expected to be here to watch them perform and the show is sold out, and it starts at 6 30, so thousands of people will be trying to get here as evening commuters hit the street. Vta decided to add eight trains tonight so fans wont be stranded and they ar