Josh lipton joins us with a look at the incredible stock, the incredible year. Hey, josh. Reporter carl, thats right. As 2019 comes to a close, apple investors have plenty of reasons to celebrate that stock has enjoyed a remarkable run surging more than 80 this year. That means apple is on track now for its best year since 2009 another way, it added 530 billion in market cap this year. Thats the equivalent of two netflix, three teslas, with a few billion left over. The nasdaq is market cap weighted, given apples size, it helped to power the index to a record 9,000 level today, most Analysts Covering apple rate it a buy. Nearly 60 in part because they think tim cook with the current lineup of devices will be able to keep iphone revenue relatively flat the next few quarters, even as services and wearables continue to go strongly theyre betting that should be enough to drive Single Digits growth for the company what are the risks for investors to consider . I caught up with gene munster,
To pose risks quote given hong kongs position as a major Financial Center and quote certainly not a huge amount of investment by any means in fact when you look at hong kongs Monetary System that 5000000000. 00 is equivalent to 1. 25 percent of the Gross Domestic Product meanwhile dollar deposits in hong kong total almost 900000000000 and the increase between september and october according to the Hong Kong Monetary authority is a kristie lets break this down here because obviously in reality the numbers of investment kind of flowing out of hong kong is not really that high again 5 percent is a teeny tiny considering how massive investment is in hong kong and what this does kind of signal to some issues in terms of political unrest as it does because hong kong has actually entered at their core of technical recession and because of this g. D. P. Actually shrunk by of almost 3 percent and the government country contribute 2 percent of that to the unrest and this is going to be a may. Su
Mark onwhat the trumpet ministration is doing in the energy sector. Good morning. The count since the councils beginning to seen over and over time and again how technology is has transformed our lives and all these new challenges and new opportunities as we think about a new future for the United States. 2003 was such a period change. 17 years after our founding our councilmembers recognize that the nation stood at a particular inflection point. We needed significant change to enhance our innovation capacity that led to the pioneering work of our National Innovation initiative and now another 17 years later, here we are again. Once again finding ourselves at the precipice of transformational change area throughout the day as debra mentioned in her remarks are going to hear stories about these changes as they are foundational to our Flagship National commission on innovation and competitiveness. The commission cochaired by the Councils Board on this stage is a multiyear effort to reima
You told me things were very frothy a lots happened since then. The wework had just come out. We know what happened with the wework blowup theres been this sense that you saw with the wag news. Theres been these companies have raised an extraordinary amount of money and pitching themselves as Tech Companies that really went Tech Companies. Wework was not a Technology Company. Swag not really a Technology Company, and the combination of trying to get the technology valuations on companies that shouldnt be trading that way and companies that are just raising too much money and have no financial discipline. Hopefully some of that is coming to an end but i still think valuations are going to be crazy for a while. I think, if anything, this signals the beginning of the end of these shoot the moon sort of Business Plans what i mean by that is we just they dont work for two reasons. One, companies are raising a tremendous amount of money and they do that primarily to try and have some sort of
Youre watching R T International bring you your live news update from our studio here in moscow welcome to the program. A lot of reporting has spoken at the Economic Forum a russia is calling the global and National Economy sanctions and International Relations where the focus across life now to r. T. Is more if not for all of the details what has been said there. Well hijacked plane yes for almost 2 hours widely reported has been answering questions from participants of 11th annual russia call an Investment Forum they see or at the event gathered guests from 80 countries it was a very interesting conversation about what talking to call on me can hardly avoid discussing see the economic sanctions the u. S. Keeps imposing on russia and its effect on Global Economy is there any hope it can be lifted any time soon was a question from an american businessman. Is that. If we talk about sanctions in the perspectives of lifting them this is not our juicy he but it was the u. S. Administration