Trim apple and sold off paramount at a loss. Speaking of paramount, the company is, or its special committee is opening up negotiations with sony and apollo. Theyre also talking with skydance as well about their bid for the overall company. From here at the Milken Institute global conference in los angeles, the next two hours, were going to be joined by marc rowan, David Solomon, and darren woods. So, nice lineup ahead, guys. Lets begin, david, with buffett and apple after that stocks friday rally. Berkshire says it did trim its stake by about 13 to just over 135 billion in q1. Didnt stop buffett from praising apple at the meeting over the weekend. Take a listen. At the end of the year, i would think it extremely likely that apple is the largest common Stock Holding we have now. When we look at cocacola and American Express and apple, we look at them as businesses. Now, theres differences in tax factors, managerial responsibilities, all sorts of things, but in terms of pulling your mon
A bank money. For speaking the truth global news that matters. Made for minds. Its all happening. Pretty. Sure linked to news from africa and the world. Is your link to exceptional stories and discussions can you and will come to deduce after Getting Program tonight from born in germany from the news of these eat our website d w two it comes to much afrikaans join us on facebook at g. W. Africa. At a. Very unusual Congress Gets under way in lights it does germanys digital activists in the Chaos Computer Club that annual get together in a very. Also coming up in our series following the new silk road this week why china is so interested in building billion dollar trade links with africa and that christmas consumption binge is over again but many are returning items they were unhappy with and retailers are starting to take stock of their a. Im daniel winter and this is your Business Update its europes largest association of hackers and its holding its annual congress this week and the Ch
Mixed picture w m go, a mixed picture with the cac 40 and to 10 and the dax is up sub 1 and the ftse 100 in the u. K. Up 5 10 of 1 and the ibex in spain one of the worst performers. Asset on a across headline level with european equities unchanged. Space, a little bit of Dollar Strength which means cable off by 1 10 of a percent. Interesting dynamics around sterling with employment and wage data with mark carney testifying and news about brexit geared brexit. And the u. K. And their view on the transitional deal. We ceos move lower we see yield move lower in the core and periphery. Thematic chart that i got from Marcus Ashworth. Spain and the u. S. s 30 year yields rapidly diverging. Front and. At the end. The final chart, i mentioned the euro, after flash pmi data on the eurozone coming in weaker than expected. The euro off slightly and approaching its trendline since middecember as momentum appears to be favoring losses. We like to watch the technical charts. In the u. S. , the major
Ends up control gun sales if washington wont power lunch starts right now welcome back, melissa. Its been a volatile section the dow was done, its not just getting hit by walmart, though thats a big chunk most of the consumers staples space getting taken down today bitcoin breaking through 11,000. Theres a lot of news out on bitcoin. Were going to break it down for you. Rates rising again yields for the twoyear hitting the highest level, and the financial crisis, and by the way, results of the twoyear note auction are moments ago. Guess what normal boring tyler, but this one could certainly by a market mover. Qualcomm raising is price for purchase of nxp. And reports that the super market chain winndixie will file for bankruptcy and plans to close at least 100 stores. General electric reportedly exploring the sale of its gas engine business. I am Michelle Carusocabrera lets get straight to the traden action this morning. Seema has more dow was down as much as 230 points, but we are off
Rocks off his tall. Thats lebron james squares off at the nba allstar game, it was a similar fergie stole the show. Starspangled dinner yet waves dagen that is like me trying to imitate Barbra Streisand alone in the privacy of my home. The latest in twitter reps following her interesting rendition of the National Anthem. All of that coming up this morning and so much more, Fox News Contributor Jessica Turner love, nature shell, former fbi joint Terror Task Force member, steve rogers. Welcome wanda noll. Thank you for working. We are here. In honor of the president and all the president s before him. Dagen i dont want anyone to tweet me. I say it all the time of quiet just because im a business show. Because she is a phd from the London School of economics. You say it every time that it makes a difference. Dagen you can debate us on the merits but dont tell us things that are wrong and pick up which are laid down. Coming up this morning, attorney general Jeff Sessions sat down with Mari