Public. Deciding that the scrutiny directed toward him had become too much of a distraction. The resiliency of facebook, despite the backlash over big tech. I get that. Im not the ideal messenger for this right now. We have work to do to build trust. What does the future hold as we head into 2020 . A special edition of Halftime Report in San Francisco, begins right now. And we welcome you to 1 market we have a great lineup today were going to be joined exclusively in a little while by snowflake chairman and ceo Frank Slootman as he prepares to take the Company Public in the year ahead. Frederick kerrest, the cofounder of okta, that stock up more than 90 this year were joined by Brad Gerstner who helped us take stock of whats happening in the valley throughout the year. Deirdre bosa is with us, covered the ipo and Venture Capital markets closely as anybody its great to have both of you here so brad, interesting year to say the least. Uber, lyft, they go public wework blows up. What do y
Economy. Contrasting fortunes. Jp morgan cuts its fullyear forecast. Goldman sachs revenue bucks wall street trend. Shery later in Bloomberg Technology global link, we will be talking about the showdowns in washington facing Silicon Valley. Lets get a quick check of how the markets closed in the u. S. Regulatory scrutiny in congress being felt across the market as tech stocks underperformed in todays session with the s p 500 now holding the fiveday rally. We had President Trumps comments on tariffs dampening sentiments as well. Tech giants took a hit. We had Energy Producers leading some of those declines as we continue to see the selloff in oil markets. We had u. S. Bank earnings. They little bit mixed. Goldman sachs managed to jump after beating the unit. We had some strong data out of the u. S. When it came to retail sales. That sent yields higher but at the same time, chair powell speaking in france about taking appropriate measures to deal with the economy. That led to the yield l
Drone, intentions pick up in the gulf. Kathleen we have to take a look now at how u. S. Stocks ended. Look at the numbers on the stock s p 500, a record. Hit an alltime high in april and now was at another alltime high. Close. At the it was up a full percent at the end of the day. Almost a point as well. The dow across the board looking pretty good. We can see the futures pointing a little lower. Hard to say why. A big rally started yesterday at the fed decision at the Powell Press Conference where he made it clear the fed is tilting definitely toward cutting rates, so maybe a little bit of give back while markets wait for asia to open. Lets go on to the bond market because again, a rally kicked off yesterday in the bond market. It continued around the clock. At this point, the 10year note is around 2. 02 . Got down to 1. 96 percent. Is not surprising they take a little bit of a pause to see what the future data is. A vice chair of the Federal Reserve on blue on blooper television on B
What if its the coolest year of the next 100 . Carl sagan said years ago that we live in a highly scientific and Technological Society were very few people understand the science of technology. Thats kind of where we are today with climate change. Climate is always warming, the major cooling periods like the ice ages were triggered by mass you can is watching this program on our cspan now video app. Homeland security secretary Alejandro Mayorkas and General Services Administration Administrator Robin Carnahan cohost a News Conference on using Inflation Reduction Act funds to better equip the Homeland Security department. We are thrilled you could join us today as we share exciting news including the announcement of additional funding made possible by the signing of Inflation Reduction Act and a new memorandum of understanding on sustainability and Building Construction and decarbonization by the local utility. Todays program will begin with remarks by Robin Carnahan, secretary mayorkas
Unfiltered, unbiased, word for word. From the Nations Capital, to wherever you are. This is what democracy looks like. Now, Homeland Security secretary mayorkas speaks at a News Conference as part of the inflation act signed into law. Sec. Mayorkas announced eight 300 million project. Alejandro mayorkas and General Services Administration Administrator Robin Carnahan cohost a News Conference on using Inflation Reduction Act funds to better equip the Homeland Security department. We are thrilled you could join us today as we share exciting news including the announcement of additional funding made possible by the signing of Inflation Reduction Act and a new memorandum of understanding on sustainability and Building Construction and decarbonization by the local utility. Todays program will begin with remarks by Robin Carnahan, secretary mayorkas, and others. I would like to thank the executive latrine owens. We will take a quick pause then have the signing of the mou. Administrator carna