Who says all unicorn ipos current magical . And, the genetic code of ethics. In our medical technology series, we sit down with the coinventor of crisper to discuss Gene Editing Technologies and the future of fighting disease. But first our top story. Nasdaq as theked venue for its listing. The startup is making changes to its Corporate Governance to address investor concerns. No member of the cofounders family will sit on the board. At one point wework was valued at 47 billion. Now it is expected to be worth 15 billion. We were joined by the ceo. Has beenrk, jillian covering the story for us. Let me start with you. How shocked where you that they are doing this ipo . If you read bloomberg, you shouldnt be shocked. Im losing track of days. This week is crazy, but we broke this week that the company was weighing Corporate Governance changes because tepid demand from investors had caused investors to rethink how they could improve things. Not shocked this morning. Were maybe more drastic
Towards the close. The s p is below the daily average, so there may be headlines that wont matter to the market because you have to look past it, but maybe they were all transfixed in watching it on tv. That is your close on that for the day. Thinking about that shuffle near record highs. Is bigger than one year. Range. The volatility there is that horrible volatility to the downside. Welp into oversold territory. We go into somewhat overbought territory. Uout. The s p 500 stalling that rsi is on its third point of a lower high, suggesting the bulls are getting weaker. This chart may suggest stocks could cool off a little bit in the weeks ahead. Im looking at mcdonalds and t. They are testing a new plantbased burger in canada. Beyond rising 10 , recouping losses. Target ofn a major shortsellers, 40 of float being used to short the company. S3 partnersrding to head of research. They are calling this burger the t, plant, lettuce, tomato. Bullsron earnings, a win. Topline revenue beats. A
Oil saying washington tramples on basic norms, and from mining to the oceans. In a billionaire tells us his waste andt plastic see the future. And the Global Semiconductor market is not in the clear yet. How global trade tensions are impacting microns future, but first, lets get you started with a quick check of how markets close on this thursday session. We had stocks down, treasuries advancing. We started lower in the session, given that whistleblower complaint at the center of the impeachment drama in washington was released and that was not helped by the fact that we heard from a u. S. Official that potentially the u. S. Could not be extending that temporary wally suppliers to two huawei. The dow lost about two points. The nasdaq also down. 6 . The Energy Sector was also the biggest loser, despite the fact that throughout the session, we did see crude gain back some of those earlier losses after we heard that the u. S. Could be military equipment to saudi arabia. U. S. Futures at t
Is fundamentally committed to the realization of human rights and human freedom around the world, and im so very pleased to be in new york working to advance that noble mission. A longtimes republican activist who previously served as u. S. Ambassador to canada. She expressed again extraordinary gratitude for the bold leadership of president trump. The president has no plans to meet with his iranian counterpart while in new york for the yuan General Assembly later this month. Treasury secretary Steven Mnuchin said today that the departure of john bolton as National Security advisor will not dramatically change the administrations position on iran. President trump says he would meet with president rouhani with no conditions to discuss Irans Nuclear program. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im she
Current magical . And, the genetic code of ethics. In our medical technology series, we sit down with the coinventor of crisper to discuss Gene Editing Technologies and the future of fighting disease. But first our top story. Wework has picked nasdaq as the venue for its listing. The startup is making changes to its Corporate Governance to address investor concerns. No member of the cofounders family will sit on the board. At one point wework was valued at 47 billion. Now it is expected to be worth 15 billion. We were joined by the ceo. In new york, jillian has been covering the story for us. Let me start with you. How shocked where you that they are doing this ipo . If you read bloomberg, you shouldnt be shocked. Im losing track of days. This week is crazy, but we broke this week that the company was weighing Corporate Governance changes because tepid demand from investors had caused investors to rethink how they could improve things. Not shocked this morning. The changes were maybe m