Ceo of Electronic Arts, Andrew Wilson as we talk to him about the world of gaming and a lot more john, retrospective of apples event. Were bringing the east and west coast together. Apple unveiling its longawaited 5g iphone 12, but we have been questioning whether the 5g networks, especially here in the u. S. , are ready to drive demand. Josh covers apple for us i didnt see tim cook hedge at all in his 5g pitch yesterday. He was full steam ahead. Thats right, john. Not one bit. Experts are right, they have questioned whether 5g is really ready, but tim cook doubling down on that bet with his new iphone 12. The generation of technology that provides a step change in what we can do with our iphones, the next generation is here. Today is the beginning of a new era for iphone 5g promises faster everything, from movies to games, to all kinds of downloads, and that sounds exciting, but its still just a promise of what could be the reality right now is that 5g coverage here in the u. S. Is st
Companies that have that exposure to huawei. There was some concern that huawei wasnt considered part of this trade deal and there was that reuters report saying that Trump Administration might double down. Scarlet nevertheless, record highs for major indices. Lets check in with our reporters to see what they have been monetary as the closing bell rang. Abigail not a huge reaction to the signing of the phase one trade deal but where we have more reaction, romaine was just talking about it, tech. Down 1. 2 . Apple is off, down for a second day in a row. One analyst says the reason the stock is up, this particular sector because the First Quarter typically is seasonally weaker. Plus, you also have the fact that valuation is sky high. Some chips off the table especially with some of those tariffs in place until perhaps after the election. Apple also lower on the day. You can say some of the china sensitive stocks are lower. Over the last decade the story for apple has been up. A beautiful
Why they like facebook and apple. Legal and legislative hurdles continue for technology, especially overseas apps. We hear from senator Marsha Blackburn and how much more needs to be done. We begin with tesla. Stock has been on a runaway rally. We saw shares of breach the ceos 420 of 420. An analyst joined meet to discuss whether the turnaround is working. If you look back at the last six months, it has been massively impressive what musk has been able to do in terms of turning this around from a demand and profitability perspective. Base case, 370. Is 580300. You could start to see the stock go much higher. Bull case, 580 to 600. A lot of that really rests on china. Taylor dan, ive spoken to a few neutral bearish analysts who really are concerned about demand in china. Do you have any sense of what could be a bear case if something were to happen, may be the economy starts to slow . What would need to happen for you to turn more bearish . If i look at the work we have , andin asia on
What is next for him in the company . Text regulation, legal and legislative hurdles continue, especially for overseas apps. We will hear on how much more needs to be done. Action,arket specifically in the tech sector. The nasdaq closed above 9000. It has returned more than 35 this year and is on track for its best year since 2013. One of the best performers has been apple. It is one of the best performers in the s p 500 on a point basis. On as outperformed percentage basis. Another high, another day, another record at tesla, 430 a share. Tesla and elon musk have defied the shorts. We will have more on the record coming up. First, i want to look at the 2019 story of uber. The company went public in the spring, but has faced legal hurdles. Some battles were over its International Expansion plans, with london stripping the company of its license. Another issue, whether drivers are employees or contract workers. This week, we covered the man who cofounded the company, Travis Kalanick, and
Selling the rest of his shares. What is next for him and the company . Regulation, legal and legislative hurdles continue, especially for overseas apps. We will hear from senator Marsha Blackburn on how much more needs to be done. First, our top story, and a lot of Market Action on thursday, specifically in the tech sector. The nasdaq closed above 9000. It has returned more than 35 the tech sector has now returned more than 35 this year and is on track for its best year since 2013. One of the best performers has been apple. On a point basis, apple is one of the best performers in the s p 500. It has outperformed on a percentage basis. Another high, another day, another record at tesla, 430 a closing out at 430 a share. Tesla and elon musk have defied the shorts in the last few months and we will have more on teslas record coming up. First, i want to look at the 2019 story of uber. The Ridesharing Company went public in the spring, but has faced a barrage of legal hurdles. Some battles