The economy we see an improvement. French and italian manufacturing also pick up in july however concerns still loom of a second wave and President Trump reportedly gives china 45 days to celtsel sell tiktok to microsoft after the white house bans it over security concerns. Happy monday. We already heard the numbers out of italy and france as well as germany and now got the euro zone overall number. That is significantly better than 51. 1. The final manufacturing employment pmi has come in at 42. 9 so better than the flash estimate and better than the june figures still in contraction territory. So firmly in expansion territory. Now i mentioned that we have a few of the individual country numbers that already came through. In france they recovered showing the expansion at 52. 4 points this was higher than 52 points they expanded for the second month in a row rebounding from the plunge triggered by lock downs in the spring. German Manufacturing Activity saw the first expansion since 201
Billion market mystery thats how much facebook added in market cap today. The reason not entirely clear many pointing to the launch of reels, the answer to tiktok. We should point out that news was out yesterday morning. Facebook shares today surged 6 to a new alltime high so guy, whats your take on this move well, i have no idea why it moved like this. Id be lying if i said i had an answer i will give credit to karen because shes been on this something we said, you go back to the middle of june. I remember this when rei, north face, patagonia came out and said they were pulling their ads for a month. I remember saying youve got to pull the rip cord on this. Theyre the first but theyre not going to be the last that proved to be correct. On june 26th, the stock traded down to 207, cratered and then closed higher on the day something we said is and ill say it again, theres nothing about facebook i like in terms of the platform and ill continue to say that this reversal tells you all you
Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these
Big mistrust of big tech the u. S. Congress questions that heads of apple Amazon Google and facebook on anti competitive behavior have the internet giants become too powerful and is that a need for new laws to regulate them this is a side story. Hello welcome to the program on amazon apple google and facebook for companies that have changed the way we live work shop and stay in touch with our friends and family but the american tech giants have long been accused of abusing their power to drive out competition and mishandling user data the u. S. Congress has been investigating their Business Practices for years old wednesday politicians question the firms chief executives as they consider changes to Anti Trust Laws will bring in our guests in a moment but 1st this report in washington d. C. You know as the Ranking Member of fittingly the tech giants appeared virtually to face questions the subcommittee chairman making clear he sees a problem their dominance is killing the Small Business
A parallel universes going backwards. And you know if you think clearly if you meditate on it you you your consciousness dig down to is that part of the metaverse which i would call timeshare you know in if you are sailor now out there in the ocean sailing theres a thing called a wind shear or wind is blowing in 2 opposite directions and as a sailor that can be tricky to navigate they have 2 forces and when theyre blowing in opposite direction you have wind shear timeshare is the Event Horizon between this universe and the power universe where time in this universe going one way time in the other universe is going in the opposite direction so you have times year and this is what a lot of people get confused about when they are deep in a deep state of meditation they have a glimpse into the met a physical truth of the fact that nothing. Is meaningful in any way at all cancels that everything cancels each other out and everything is that 0 and that to get to a place of universal consciou