Authorities have cleared the last holdout from the protest camp in north dakota. There is tons of debris to be cleared. A highway bridge remains closed and a court battle hundreds of protesters remain in the area. Democrats invited immigrants to president trumps first address to congress in an effort to put a face on people potentially hurt by the administrations policies. They include an iraqi american doctor who discovered elevated levels of lead in children and a pakistaniborn doctor that delivers critical care. Global news 24 hours a day. Powered by more than 2600 journalists and analysts. This is bloomberg. Cory i am cory johnson and this is Bloomberg Technology. Ubers bad week takes an ugly turn. The company accused of stealing intellectual property from google. It all unraveled with an email. We will tell you that story. Peter rawlinson has a next act, inventing a new electric car. Youve got to see this cool ride. Amazon goes where no other streaming service has been before. An
Embassies in africa. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Cory i am cory johnson and this is Bloomberg Technology. Befores its final stop the big ipo planned for later this week. Investors question its growth. Warren buffett takes a bigger bite. He has purchased more than 100 million shares of apple. Spacex shoots for the moon. Two a name to citizens have put money down for a lunar mission. As wall street prepares for the first tech ipo of the year, snapchats Management Team make s its final roadshow in San Francisco. Investors are pitching the company to investors. Million users but growth has slowed to 3 . Joining us now, sarah frier. This user growth issue to me is one of the biggest issues with this company. When you look at the sequential user growth, is slowing down. Sarah it has been a top question for snap executives at the roadshow. And in new york, a lot of people we talked to who went to the roadshow expressed skepticism. Their answer to the u
Story . A major brexit, the former minister the former Prime Minister is setting expectations too high. We will talk about death you will find out when we speak to the head of the chambers of commerce. A halfhour from the open of trading. Oner 12 consecutive highs the Dow Jones Industrial average we have futures pointing higher. Asian markets rallied overnight and gave up the ghost into the close. You could see little change at the open. As far as the bond trade is going in germany, we are seeing yields rise as traders sell off the debts. This is a to depart, the yield 0. 203. Int yields rising a little bit and get have been up as traders complacent ahead of the speech. Absolutely be critical. The dollar is down versus the end, down versus the swiss franc. And if bit of litmus paper. The british pound is softer. We watch and see how that reads into the sterling story. Top. Ntioned this at the Interest Rates possibilities going with a march contract. We have seen a significant meeting.
First to our lead. Snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 24. 28. Fore closing at the maker of the disappearing photo app ended a long tech ipo drought. We caught up with our Bloomberg Technology reporter alex barinka and sarah frier, who covers snap. If you think about the range, typical ipo, 20 to 30 . This one will have more buzz baked in. If you look at twitter, it was, what . 70plus percent on day one . Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the ipo for investors. It has almost tripled its ipo value, facebook down 31 after one year. Twitter, down 10 , now down 65 . Talk us through the managing of expectation. The roadshow was not all smooth. Many questioning the user growth. Absolutely. This is a company tryi
First to our lead. Snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 24. 28. Fore closing at the maker of the disappearing photo app ended a long tech ipo drought. We caught up with our Bloomberg Technology reporter alex barinka and sarah frier, who covers snap. If you think about the range, typical ipo, 20 to 30 . This one will have more buzz baked in. If you look at twitter, it was, what . 70plus percent on day one . Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the ipo for investors. It has almost tripled its ipo value, facebook down 31 after one year. Twitter, down 10 , now down 65 . Talk us through the managing of expectation. The roadshow was not all smooth. Many questioning the user growth. Absolutely. This is a company tryi