Was slowing down old devices what theyre doing to win back favor and what it means for the stock. First, stocks rallying to kick off the new year. The nasdaq and s p 500 both closing at record highs with nasdaq closing above 7k for the first time ever. It does feel a bit like 2017, when tech crushed the competition, soaring 37 what do you do in this new year . Do you stick with what was working, namely technology, guy . I think you do, mel, and happy new year i think you do stay the course people want to play the laggards, but stay with what works and what has worked. Dan nathan has been on this. Intel, big move to the upside, valuation is reasonable. Micron had that huge move from basically the low 30s up to 50, retraced back to 40, had a decent day today valuation of micron makes sense, dram pricing is still heavy. Texas instruments, great story, theyre in great places, but now 24 times forward earnings, i think its gotten expensive. Technology works, just be aware of what youre buyi
Guest i was trying to come up with a label for the peculiar variety of libertarianism that says if you get sick and cannot pay for it, that issue are a tough lockett is unjust for government to tax somebody else to pay for your health care isnt there was a revealing moment in the oracle oral argument argued on behalf of the mandate that it is fair to require people to buy Health Insurance because if they get sick and they cannot afford to pay for it were obligated to give them health care and Justice Scalia said then dont obligate yourself. That is extraordinary thing to say and it shows the moral culdesac the conservatives got themselves into because it was driven by politics once the bill was passed the only hope to shut it down was the constitutional challenge to the on the constitutional theories that were out there was extreme libertarian theories that were morally repellent for those people who dont believe this stuff i dont think scalia really believes it is okay to withhold hea
Guest i was trying to come up with a label for the peculiar variety of libertarianism that says if you get sick and cannot pay for it, that issue are a tough lockett is unjust for government to tax somebody else to pay for your health care isnt there was a revealing moment in the oracle oral argument argued on behalf of the mandate that it is fair to require people to buy Health Insurance because if they get sick and they cannot afford to pay for it were obligated to give them health care and Justice Scalia said then dont obligate yourself. That is extraordinary thing to say and it shows the moral culdesac the conservatives got themselves into because it was driven by politics once the bill was passed the only hope to shut it down was the constitutional challenge to the on the constitutional theories that were out there was extreme libertarian theories that were morally repellent for those people who dont believe this stuff i dont think scalia really believes it is okay to withhold hea
The polaroid photo bar, turning the virtual into reality. All of that and more over the next hour but first, headlines from carol massar. Ceooldman sachs awarded Lloyd Blankfein a 6 million cash bonus to be paid out in three years. This comes on top of 23 million in 2013 compensation. The award can shrink or grow depending on whether the firm achieves return on equity. Grubhub surging in its trading debut after raising higherthanexpected 192 million in its initial public offering. Share assing to 34 a the company and its shareholders started at 26 apiece. The surge pales in comparison to what happened to the nasdaq today. The index falling the most in two months, dropping 2. 6 for the friday session. And the owner of travelocity is seeking as much as 895 million in an ipo of its own. The company backed by tpg capital and silver lake plans to offer 45 million shares firm 18 to 20 apiece. Back over to you. Thanks, carol massar. Payrolls in the United States boosted hiring in march, up on
Republicans . That is a good way of putting it. This is the fourth time we have passed a budget like this. We said, this is how we planned on hang off the debt. We should say what we believe in. Technically, we do not have to do a budget this year. The agreement that we reached if we think that that is what we should be doing. We owe the country and alternative. About theask you particulars that have been criticized for top you cut problems programs and wanted to expand opportunities. How does cutting this is about growth. The president does the same thing. We keep held grants funded. They turned it into an entitlement. We think that it needs to stay under Discretionary Spending so that Congress Continues to do oversight. Heres is the big concern we have. We are worried that it is leading to tuition inflation. We do not cut back on the awards. Only in washington is an increase in spending considered a massive cut. The research is inconclusive. Good economist from Ohio University has do