Economic data. We have the Chinese Industrial province. This dovetails into what is happening with the story in the morning and what it will mean, phenomenal gdp. Matching statistics, they are profitg in november and growth is expected to edge down to 25 year on year in october from 27. 7 in september and we have continued to eke slightly in november but lets see where we come from. We were seeing profits under some pressure. At the moment, it is that at the moment. Growth in the pipeline. Some more movement. , as those numbers are out look at what is going on elsewhere. We have markets back online today following the christmas break and taking a look at what is going on with shares in singapore. Recovering from tuesdays drop. ,hey are resuming gains marginally higher this wednesday and following the text want. That is in focus and snapping a. 1 of thep gaining open. Lets check in on the supplier in taipei. In that stock under pressure and falling for a second day. That forecast being
Rishaad going to bring you up some history. Another record for the s p 500 recordht good 2017s year does not necessarily mean that 2018 is going to be a bad one. Lets bring up for two to three. Ityou have a great year, means quite often that you will get not a good year the following. Thats the synopsis we have going back to 1938 todays game, not tomorrow spain. The s p 500 on track for a 20 increase last year. It was matched 20 times in the last 80 years. Higherck market was three quarters of the time averaging 89 return here in averaging a 9 return. Haidi what is incredible is that we are not seeing a rotation. Were seeing a continuation of the tremendous tech rally. Here in asia, we are picking up on that positive energy. Not just for the s p, but also records for the nasdaq. Depressing 7000 points. Tokyo still off until thursday. Asia markets feeling this positive start to the year. Japanese investors can enjoy their holiday a little bit longer. We do have docs continuing to gain a
Jeremy hunt will stay on after refusing a new role. The education secretary resigned. Global news 24 hours a day powered by more than 2700 journalists and analysts. Im a Alisa Parenti and this is bloomberg. Emily im emily chang and this is Bloomberg Technology. Coming up, gopro takes a dive. We speak with ceo Nicholas Woodman after the Company Slashes jobs. Cryptocurrencies opsware rocky start in 2018. Bitcoin slumping as much as 27 , helping drag and smaller rivals. Dissenting on las vegas for the Consumer Electronics show where driverless and electric cars are dominating the buzz. , our lead. Gopro missed its fourthquarter sales guide and signaling revamped cameras and price increases are not sparking revenue growth. Shares tumbled more than 10 , its worst performance in a year. Gopro ceo Nicholas Woodman spoke to selina wang and denied earlier reports that they hired jpmorgan for a potential sale. Take a listen. Nicholas jpmorgan is in fact our banker, but we have not engaged them t
Spacex says only that the falcon nine booster rocket performed phenomenally. The second stage of the rocket failed and the satellite was lost. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Ets take a look at the market australia closing out tuesdays session at a fresh decade high. India looking quite good as well. Not as many gains on the shanghai, about. 1 . This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, gopro takes a dive. We speak with Ceo Nick Woodman after the company cuts its forecast and slashes jobs. Cryptocurrencies opsware rocky start in 2018. Bitcoin slumping as much as 27 , helping drag down smaller rivals. Tech firms are dissenting on las vegas for the Consumer Electronics show where driverless and electric cars are dominating the buzz. First, our lead. Gopro missed its fourthquarter sales guide and signaling that revamped cameras and price increases are no
First, to our lead. The continued fallout over the microchip security flaw affecting nearly all of the worlds devices. This week, microsoft said fixes for the vulnerabilities may significantly slow down servers and personal computers. In a blog post on tuesday, the company suggested they could be more substantial than intel previously indicated. Microsoft is also temporarily suspending some updates to windows operating systems that use chips that are freezing or not putting up from amd as a result of the fix. Monday night at ces, the intel ceo tried to reassure people that their data would be safe. The security is job number one for intel and the industry. So the primary focus of our decisions and discussions have been to keep our customers data safe. As of now, we have not received any information that these exploits have been used to obtain customer data. Emily we broke it down with ian king, who covers the chip industry. Ian to start off with, intel was very much, we are all in this