The list confirming that it is buying the music identification service. Microsoft is on the rise. Disney gaining as there is reporting and speculation about some kind of deal with 21st century fox. Gilead is on the rise along with a handful of other biotech and drug stocks after the American Society of hematology meeting over the weekend where different dark results were shown. As scarlet menton comey you have Bitcoin Futures trading. That means in the market, anything that has a secondary relationship with a bitcoin appears to be rallied her we have right block chain, one of the small cap docs associated with the technology underlying big going. Bitcoin. They are rising. Their chips are seen as powering the mining for bitcoin. Com as well with its bitcoin connection through its website. Those shares are up by 22 . Said, it is worth looking at the price of bitcoin and Bitcoin Futures themselves. We see Bitcoin Futures rallying as scarlet looked at, about 19. 5 in their first full day o
Take a look at some of the individual nasdaq winners year to date. Align technology, taketwo interactive, vertex, wynn resorts, micron. You stick with whats working. For most of those names, yes. They show growth if they can continue to show that growth absolutely most of these names fundamentally, when you look at, for instance, micron, i dont know whether or not its certainly a buy or not today, this moment, but when you look at this after it broke through 32. 5 it went straight up towards 50 i mean almost every single day yet when you look at the valuation and the Growth Prospects of this company, theyre still very, very compelling so i think there are plenty of opportunities out there, even in some of these names. Now, wynn, i love that name, absolutely love that name. And you love steve wynn. I sure do, you know why, because he led the way he was buying his own stock at 53 all the way up to 100 but can it hold up at these valuations at 170 a share im not so sure. Well talk to the
Profits. Living the stream. Comcast testing a new service, goldman upping netflix. And walmart takes on amazons prime day as amazon takes on black friday. A deal in greece after all night meetings. They have reached an agreement to keep greece in the eurozone. A lot more to still be worked out. Its up to greece to implement and exercise the austerity measures. Austerity measures that the people voted against and are now going to get even more than they thought they were going to get the first time. This is a horrible deal for greece. This is the price to pay for staying in. I dont know if you caught the Merkel Press Conference this morning. It was at 3 00 a. M. And it was bad. Why . She just told it like it was. Said were going to give them a time out. It was financial potential fiveyear exit reentrance thats not agreed to by everybody. Its just punishment. I heard theres a big stake in greece wanting to extend the terms. I listened to a leader of a country that baseically said these g
Fluctuating between small gains and losses. Investors uncertain about what is next. So much to deal with whether it is geopolitical tension, hurricanes or d. C. A bit edgy on the week. The three major averages are on. Ace, but weekly losses pa bigger moves are happening when we go across Asset Classes. The 10 year yield down six basis points. Haven bonds are rallying. Pretty extraordinary. Two months ago, we had the 10 year yield at 2. 4 , now closer to 2 . Tripping what we have seen out of the election when rates initially backed up, shot higher, now returning. The bloomberg dollar index down six days in a row. The lowest level since 2015, down about 10 on the year. The dollar index on pace for its worst year since 2003. All of this replacing the somewhat obvious dovish commentary from mario draghi, dragging the dollar. Both of these Asset Classes dragging on the banks. Look at the regional banks, down 3 come on pace for the worst day since may. This is a concern to some strategists o
Motivations. He still thinks it is a bad idea to increase the debt ceiling on a shortterm, threemonth basis. Republicans were pushing for the thing the ceiling for 18 months. Pope francis is urging colombians to come together to heal the divisions caused by five decades of armed conflict. Speaking in bogota during his address to president Juan Manuel Santos today, the pope urged the country to enact just laws to address the inequality that sparked the rebellion. Fiveday visit to colombia is aimed at solidifying last years police a peace accord between the government and leftist rebels that has bitterly divided the nation the you. Addressof opioids may the drop of 20 of men from the labor force, according to a study by princeton economist alan krueger. It links prescription peoplelers and lo primeh working. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. From the taylor live from abigail live fro