Has found political ad spending linked to fake accounts from russia in the runup to the u. S. President ial election. But first to our lead, dell completed the biggest Tech Acquisition in history of emc one year ago. The Historic Deal created the new dell technology. Which included the likes of dell, dell emc, vmware, and secure works. Dell faced several major legal and regulatory hurdles along with emc and zmware stockholder skepticism. I sat down with michael dell and asked him for the oneyear report card. Michael i am very pleased with how its going. Reaction from partners and customers has been very strong and positive. Our teams are very engaged. Our customer nps scores have continued to improve. Our Employee Engagement scores, our record high levels of synergies are coming bigger and faster than we thought. We are paying down debt at an aggressive pace. A lot of things that could go wrong did not go wrong. And i think the big surprise is we have not had a lot of surprises. And ce
Pick amid tensions. Rishaad there we go. Talking about apple. Nasdaq,ows how the which hit another record high has been powered up by apple to some extent. You can see that with apple included in nasdaqs total , but if you growth remove apple, just shy of 160 . Important apple is as a retains its status as the worlds most valuable company. You have been taking a look at the yen, i believe. Haidi thats right. The two stories, apple and the , not much in terms of reaction on the equitys story. Equity story. Japanese markets not getting a chance to react to this yen weakness. , technicalsat this when it comes to where they again is at now, still above that 112 level. The dollar is at a shortterm peak. We do have a call from rbc saying it should be easy to get but japanese markets are off until monday, some not getting a chance to get the boost from a weaker yen. We are 30 minutes away from the open. Singapore, taiwan, and malaysia rey. Ing the trading fo sophie not much in the way of dire
Good tuesday morning, welcome to squawk alley. We are at post nine on an incredibly busy news day. First it was tech ceo, then law marks, now wrapping up a meeting with pharma executives. Meg has the latest from that meeting. Pharma stocks are in the green after this meeting. Trump strikes a more balanced done. He said that prices need to be brought down, be he also talked about streamlining approval. U. S. Drug companies have produced Extraordinary Results for our country but the pricing as been astronomical for our country. We need to do better. New drugs have lead to longer and healthier lives, but we have to do better accelerating cures. Were forced and accelerating approvals. Trump talked a lot about accelerating the fda process. All of the leaders at this meeting today are all in the green. Trump also saying he is close to appointing an fda commissioner who he is very happy about. A lot of the companies around the table are trying to stabilize the investment theyre making in the
We will get their takes on all the news of the day in just a second. First lets begin with the deal of the day. That is maybe the deal of the year, really. Microsoft buying linkedin. Jon fortt joins us with more. Hey, jon. We spoke to Satya Nadella in the last hour. I asked him specifically about the value that he saw in this deal, what are the crown jewels that linkedin has to offer in this acquisition. Heres what he had to say. These professionals are using office 365 on one side and linkedin on the other side. So thats one massive opportunity for us to increase engagement in both. Think about the other side of linkedin. It is about higher market sell and learn. Thats all business process. Thats a huge opportunity for us to integrate and expand into business processes with dynamics so those are the two sides that are both crown jewels of linkedin, but really, its about putting them together with the crown jewels of microsoft, that is office 365 and our cloud, and thats whats sort of
Building on the brexit. We speak to the ceo of a Company Following the vote to leave the European Union. Caroline half an hour until the european open. Great to be back with you. Sunny skies in germany. Looks like the sun is shining slightly on risk assets. Oil trade is higher pushing higher the risk appetite. The aussie dollar on the move following the decision by the reserve bank to leave things on hold. It is up around 0. 6 . There may be a role in the contract in wti and brent. Brent is up around 0. 5 and of uti up around 2 . In terms of where the equity markets they are broadly positive. Asian markets hitting one year highs. Here is the bloomberg first word news. The bank of japan should wait until after the u. S. Federal reserve decides on Interest Rates before acting up writing to an economic adviser to the Prime Minister in japan. The boj risks having its efforts overshadowed if it expands monetary stimulus at a policy meeting this month and then the fat hours later decides to