Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were on our way. If you look at the exponential trends, a curve increasing at an increasing rate that characterized the 1920s bull market. It characterized the 1990s this one has been more linear and it doesnt have the upward sloping curve since the 2009 low. So i find it hard to believe that weve seen the top because we have not entered that parabolic move how would you know when were close . Well, youll see the parabolic move that will be the first thing euphoria, a lot less doubt in the market i h
Apple introduced the 16 inch macbook pro, starting at 2400. Well rate its function and design. Disney was the big winner of the week, signing up 10 million customers in one day for its service. Despite technical glitches upon launch. Disney plus became available on tuesday in the u. S. And canada. The original goal was 90 million subscribers in five years. It is poised to reach that goal sooner. I got the latest from chris palmeri. To put this in perspective, hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. Disney did it in a day. Go back to 1974, this is peak disney. Taylor we can see the technical glitches. We can shrug those off. That is what disney was saying. If we knew how many people were trying to sign up, we could not plan this. They had an incredible deal with Verizon Communications where 19 million customers could access the service for a year for free. Even the free customers, disney is getting pa
Fray of gentrified accusations against goldman. We will bring you goldmans quick response. Return of the mac. Apple introduced the 16 inch macbook pro, starting at 2400. Disney was the big winner of the week, signing up 10 million customers in one day for its service. Despite technical glitches upon launch. Disney plus became available on tuesday in the u. S. And canada. The original goal was 90 million subscribers in five years. It is poised to reach that goal sooner. I got the latest from chris palmeri. To put this in perspective, hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. Disney did it in a day. Go back to 1974, this is peak disney. Taylor we can see the technical glitches. We can shrug those off. That is what disney was saying. If we knew how many people were trying to sign up, we could not plan this. They had an incredible deal with Verizon Communications where 19 million customers could access the
Investors are not so sure. A Virtual Reality platform picked up for oculus. We are live in san francisco. Lets get to sophie forecheck on markets. Sophie aussie shares are unchanged after a threeday gain. Kiwi shares building on gains after topping 11,000 on tuesday. Nikkei and cost be futures kospi are lower. Slide despite the enthusiasm we saw for alibaba shares, which closed about its issuance price. Lets check on housing bonds, which are gaining ground after the rba governor the move tracking treasuries. Aussie yields falling 35 basis points across the curve. The three years left below the rba cash rate. A bond rally expected to push the 10 year to 50 basis points with unconventional easing expected in the second half as the australian economy slows. The kiwi holding its threeday gain. This morning, we heard from the rb governor. Mentioned rbnzso is working with westpac after the findings in australia. Paul thanks very much. Lets check in with first word news. Chinaly indicators sh
Response. And return of the mac. Apple introduces its 16 inch macbook pro at 2400. We will rate function and design. Disney was the big winner of the week, signing up 10 million customers in one day for disney plus despite some technical glitches upon launch. Disney plus became available tuesday in the u. S. And canada. The media giants original goal was 60 to 90 million subscribers in 10 years. It is posed to reach that goal sooner. Put this in perspective, hbo now, cbs all access, the World Wrestling network, these guys have been in business for a few years. None of them have hit 10 million. Disney did it in a day. It is an incredible feat. Thats why you are seeing a record high. Go back to 1974. All the technical glitches yesterday, we can brush those off . If you only knew how many people were trying to sign up, we cannot plan for this. The big question remains, they had this incredible deal with verizon that took in 19 million customers for free. Disney is not saying how many peop