And a 2020 launch. Facebooks Cryptocurrency Libra is set to debut next year. We will hear how the head of libra and the facebook coo touted this big promise. But first our top story. Recordbreaking sales for amazon. The ecommerce giant posted its largest advance on the s p 500 index on thursday. Amazon didnt release specific sales figures, but the statement backs up broader reports that Online Shopping picked up this year. I want to bring in spencer and darren baker. Spencer, talk to me about what we learned from amazon this holiday season. Spencer in terms of their statement, we didnt learn much. Every year is another record for amazon and ecommerce. What we did see was that this was the first year, one that they rolled out their oneday shipping pledge on millions of items, and that they handled so much of their own delivery on their own. I think a little bit of the boost is that amazon got through christmas without any disasters. Everyone was wondering how they would do this year. Ta
Libre is set to debut next year. We will hear how the head of libre and the facebook coo touted this big promise. But first our top story. Recordbreaking sales for amazon. Posted itsrce giant largest advance on thursday. Amazon didnt release specific sales figures, but they say it backs up broader reports that Online Shopping picked up this year. I want to bring in spencer and darren baker. Spenser, talk to me about what we learned from amazon this holiday season. In terms of their statement, we didnt learn much. Every year is another record for amazon. What we did see was that this was the first year, one that they rolled out their oneday shipping pledge on millions of items, and that they handled so much of their own delivery on their own. I think a little bit of the boost is that amazon got through christmas without any disasters. Everyone was wondering how they would do this year. And darren, every year is a record year. Is amazon just riding the wave of ecommerce or are they doing
Negotiations with china. Mixed Economic Data as Consumer Confidence falls, but Housing Market remains mostly steady and disney rallying on two positive notes, which has helped them propel the dow higher. We are on record high watch once again for the major indices. Joining us for the hour, Barbara Duran from bd8 capital partners. Barbara, how do you feel as we sit at these record highs. Can we hold this momentum through the rest of the year i actually think we can normally, ive been very skeptical. I really thought we would just be in a trading range and unlikely to see new highs. But i think weve got one or two new highs left and its not just optimism over the china trade partially being resolved i think its also, unlike last year where people were rushing for the exits, i think this year, theyre rushing to get in, because youve got the performance issue. The market is up so strongly and i would suspect most active managers are underperforming here barbara is with us for the full firs
The dow has been up seven sessions in a row. S p is up six out of the last seven sessions you are talking the highest closes since late july overnight in asia, the sang high deposit was closed for a public holiday. The hang seng up almost 1 in europe, it looks like now most of those markets are in the green, one exception is the ftse down by about. 1 . If you check out treasury yields in the united states, another big story is what happens to the yields some of that movement started after treasury secretary told us that Treasury Department is looking seriously at the idea of a 50year bond for some time next year. Right now, the 30 year is yielding 2. 28 i saw him later in washington and he started talking about 100year bond for the next consideration. Did you prepare for seeing him by watching the interview we conducted . I did thats why i decided to take the 50 and up theante and ask him about 100. To beat the record, he would have to serve 13 years see, i knew it were you talking abo
Month. Stacks price and content up against other streaming content companies. The hits keep coming. Mutual fund giant fidelity review states wework evaluation in march, adding the Office Rental companies preipo woes. It was a big day for apple as the tech giant launched its newest hardware at its annual Product Launch in cupertino. Among the new items, a new apple watch and a lowcost ipad, not to mention announcements tied to its new services, apple tv plus and apple arcade. As always, all eyes were focused on the freshest versions of the iphone. This is the iphone 11 pro and these are the most powerful and most advanced iphones we have ever built in a stunning new design. Taylor apple unveiled the iphone 11, iphone 11 pro, and iphone 11 promax. The iphone 11 is about 50 r,eaper than the iphone x 700. The ipo the iphone pro will still hit the same 1100 mark. I am joined by ryan reith and mark gurman. Mark, you have been covering these for years. How did today feel relative to years pas