100 bucks perhaps in the cards instacart readying its wall street debut pricing at 30, thats the first of five listings this week it is amongst the first of the tech unicorns the last few years to go public thats almost two years, in fact, since weve seen one go public lets begin with the markets and the fed kicking off a twoday policy meeting yields got a little pop here, jim, on canadas cpi, reaccelerating for the second straight month. What a bummer the fed must find itself in were not building enough homes. Lennar said last week a lot of brokerage houses raised numbers. Lennar today almost a de laid reaction we just dont have enough homes. We have this huge millennial bulge, and theres just no doubt about it they will not be deterred by these rates. That doesnt mean they wont be deterred by higher rates these rates, according to Stuart Miller who i think is the dean of the group and executive chairman of lennar arent detouring anybody. You have fewer homes you have the one thing th
That does it for whatd you miss . Now to Bloomberg Technology with emily chang. This is bloomberg. Emily im emily chang. This is Bloomberg Technology. Zuckerbergs politicking. Why he is handing over information to congress on political ads bought by russians ahead of the u. S. President ial election. Plus, google bets bigger on hardware. We break down the reasoning and the timing behind the billion dollar venture. And nest refreshes its product line with a focus on the Home Security market. Our exclusive conversation with the ceo. Lede, Facebook Says it will cooperate with congress and handover information on the political ads that were paid for by russians ahead of the u. S. President ial election last year. Mark zuckerberg took the Facebook Live to address the companys next step to protect the integrity of the democratic process. Mark not only will you have to disclose which page paid for an ad, but we will also make it so you can visit an advertisers page and see the ads they are cu
The white house released details of President Trumps position on sanctions for north korea. Chooseal firms must between the u. S. And he targets the trade network, an 180 ban on vessels that have visited north korea. Russia is warning the u. S. It will retaliate against fighters in syria. It accuses them of firing alongside assads army. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am jessica summers. This is bloomberg. Bloomberg technology is next. Emily im emily chang. This is Bloomberg Technology. Zuckerbergs politicking. Why the facebook chief is handing over information to congress on political ads bought by russians ahead of the u. S. President ial election. Plus, google bets bigger on hardware. A deal to buy top engineering talent from former smartphone giant htc. We break down the reasoning and the timing behind the billion dollar venture. And nest refreshes its product line with a focus on the Home Security market.
Agenda targeting what they call corporate monopolies and apple and the rock, what that Partnership Means for the future of content well start with earnings. The heaviest week of earnings season begins this week. 13 dow components. 180 companies are set to report. You can see the list right there beginning with google but all week long, mcdonalds, caterpillar, three of the fang names are this week alone. This is a week where it is one of those where i urge people to understand, its going to happen so fast you cant keep track of them. There are some, tomorrow morning, caterpillar, mcdonalds, wednesday night facebook is going to be gigantic because people have been buying that stock endlessly were coming into a week where the large cap stocks have almost all been up. Talking about united health. They were terrific if you get the same thing youll break out here you will break out only wednesday when the fed announces its bond disposal it stands in the way of what i think could be pretty fo
The most in six weeks. Day closed above the 200 moving average. Brazil was killing it. European stocks also rallied. A lot of followthrough that we saw which can be constructive. Outlier, downe the most since january. All of these folks bidding for you and your stock is down. It hurts. Scarlet it does hurt. But it is a tracker stock for alibaba. The weakness. Lets get to those stocks you mentioned. The rally followed gains overseas. That is the biggest back to back advance since february. It also is above the trendline with 19 Industry Groups up over the today. A concentrated broadbased advance. 13. 8, 13. 9. The average is 18. Clearly we are far below the average. Amazing. In terms of the bond market a big story had to do with greece. 10 year yield falling below 7 , last july thes yield was 19 . Here in the u. S. The story is the yield curve continues to flatten. It has flattened around the lows of the year. The fed will hike in the short term. Longterm investors are worried about gro