Close, the dow down 57 points and the s p 500 down 2 and the nasdaq snapping a sevenday win streak so whats the take on the Market Action guy adami, made it in like under the wire, your box slid in there, appeared, bam, there you are. Sweet hi, mels hi, guy how are you so we talked about books we read in college last night. This is going somewhere, by the way, and last night i mentioned 100 years of solitude. I had to read the moby dick you might herman melville, remember that one . Yeah, of course its about 570 pages and someone like me you sort of skim it, but every once in a while you get to a page that seems important so you bookmark it, you know what im talking about . Someone like you that has the highlighters no, i didnt defile the books. Fair enough i defiled, but todays one of the days you want to bookmark and its for a number of reasons and i have no idea yet market reversed today, but the market reversed today and look at three stocks in particular look at the move in apple
A call for unity chinas president xi jinping says the u. S. And his country must Work Together to fight the Global Pandemic. And in sports germanys top 4 football teams pledged more than 20000000. 00 to help of the club sleep process a quarter of a 1000000 jobs are at stake due to the football shutdown. It is a little after 1 pm in london where the developing news is that the u. K. s Prime Minister has confirmed hes tested positive for the code 19 coronavirus bars johnson says he has mild symptoms he is now self isolating in his residence at number 10 downing street but that from there he will continue to lead the u. K. And its efforts to fight the virus British Health secretary has also just tested positive. And its also self isolating i developed model symptoms oh the corona virus thats to say a temperature and a persistent cough and on the advice of the chief medical officer ive taken a test that has come out positive so i am working from home im so far isolating and thats entirely
Softbank vision fund. What is going on . Of new reports. And 2019, the year in review. ,he plans for Cryptocurrency Facebook felted all. What is the strategy going into 2020 . First and the top story, shares of micron up after they reported betterthanexpected top and bottom line numbers for their fiscal firstquarter and the forecast strong numbers for the current quarter. Gross margin is something i have been eyeballing all day. They are coming in more than 27 . At the ludlow ed ludlow is here to break down the numbers. What is your key takeaway from this report . Reporter with these numbers, that is the optimism across wall street. The memory chip market will rebound probably at some point in the second half here. When we talk about dynamic random access memory, we are referring to the memory change that goes into computers, pcs. You look at the chart, prices trade like a commodity. They have been trickling as new Technology Comes into the market and capacity comes into the market. Th
System as it ditches ups and fedex. The year that was. We check out how Big Tech Companies apple and facebook fared in 2019 and how each is set up for the new year. We begin with a look at tech in the markets, most notably, semiconductors. We see that chipmakers bottomed out nearly a year ago and have been on a riproaring rally since then. Micron adding to that sentiment, as the Company Reported firstquarter earnings wednesday. Micron impressed wall street with a strong outlook of between 4. 5 4. 8 billion dollars in revenue. Shortly after the Company Reported, i got insight from Wedbush Securities analyst matt bryson, who joined me on the phone after the analyst call. Matt they are seeing tightness in certain areas. Also, they are calling the bottom for memory in general. They think this Current Quarter is going to be the bottom of the cycle. That fits with the tightness in certain areas. And very much parallels the guidance they gave for gross flat margins, which suggests that prices
Logistics partners ups and fedex. Tech out how big Cap Companies apple and facebook fared in 2019 and how each is set up for the new year. A look at tech in the markets most notably semiconductors, taking a look at the stock index, we see that chipmakers a bottomed out nearly a year ago and have been on a rally since then. Chipmaker micron adding to that they reported firstquarter earnings this week. Have a strong outlook between four and a half and 4. 8 million in revenue. Shortly after the Company Reported i got insight from the whorities and analyst joined me on the phone. They are seeing tightness in certain areas. Also they are calling the bottom for memory in general. They think this Current Quarter will be the bottom of the cycle. That fits with the tightness. It fits with the fact that they it also very much parallels the guidance they gave for flat gross margins, which again suggests that pricing is normalizing finally. Does this have any implications for an expansion of capac