Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into the price theres Everything Else is just sexy brand, elon cult personality who of course deserves all the credit in the world he adm
Coming after yesterdays euphoria that is part of the momentum growth trade materials and industrials are the only sectors in the green. We have a few more ipos and awaiting more news on tiktok and oracle it will be busy coming up on todays show, mohammed elerian will join us on the on going stimulus stalemate and well speak with Jim Fitterling and shares of Cybersecurity Firm Palo Alto Networks up 80 from the march lows as companies boost protections for employees working from from home the ceo will join us to discuss that trend and much more lets focus first of all on the big stories youre watching. Mike santoli is tracking to days volatile Market Action we have the latest on stimulus in washington and sara has new reporting on the oracletiktok sag yachlt mi saga mike, markets down 1. 4 . The ive been heavy tape all day. We continue this process of sort of undoing that august overshoot to the upside. Ive been focused on levels that we saw back on august 11th thats about 3333 we closed
Colombo the celebrations and concerns for the future. And in iran traffic francois hope in the capital tehran and people there protest at 50 percent hike in fuel prices irans Supreme Leader says he backs the decision despite rest. Im Rebecca Ritters welcome to the program we begin in hong kong where theyve been fresh clashes between prodemocracy demonstrators and Police Chinese troops have been deployed for the 1st time since they protests began in june activists have dug into hong kongs Polytechnic University and value to defend it from police is part of a week Long Campaign aimed at disrupting traffic and hitting the local economy. Another assault on the voices of protest Police Fire Tear gas at protesters occupying hong kongs Polytechnic University and blocking nearby roads mass demonstrators hurl molotov cocktails in response the street battle pits water cannon against fire bombs and armored trucks against umbrellas and police claim protesters shot arrows at them injuring one offic
C cut. Iran accuses israel of an air strike on the embassy in syria with several revolutionary guards killed. And xiaomi shares surging in hong kong as the tech giant enters the ev space. With byd sales jumping it over 300,000 in march with expectations for tesla later on today. Start the show with the breaking news with the pmi. Manufacturing activity in the eurozone took a turn for the worse in march with a steeper pace than february. This looks like demand is continuing to fall. This is, of course, according to the pmi data. It did show a bit of an uptick in optimism. In terms of the actual numbers, the final eurozone pmi dipped to 46. 1 in march from februarys 46. 5. That did beat the preliminary estimate of 45. 7. We all know if you watch the show, that the below 50 mark denotes growth is not exact. If we are below 50, we dont have growth. If we are above want to get ba mark. We are seeing comments on that over the last eight months. The Manufacturing Industry is climbing. Nonethe
Heavy tenstracts of Iranol Oil Company and 500 heavy tenstracts of amir kabir petrochemical are on the physical supply board. Also, the Electrical Panel of the indoor hall hosts 10,000 kilowatt hours of electricity produced by parandeh power company. The International Hall is also a witness the supply of 20,000 tons of natural gas by Persian Gulf Star Oil Company and 3,000 tons of raffinate by two petrochemical companies, shimi baftand. Is. The head of the securities and Exchange Organization announced that 2 million transactions are carried out daily in the Capital Market. Mr. Eshghi said that it is not possible to monitor the market without Artificial Intelligence. At the National Accounting conference in tabriz, mr. Eshghi added that currently, 300 or 400 thousand people trade in the market on a daily basis , and on peak days the number of traders reaches 700 thousand. With the traditional method it is not possible and the use of Artificial Intelligence is a serious and practical is