The s p down 2. 5 and the dow 2. 7 the s p dropping 4. 4 last week and lets take a look at some of the specific names in all of this falling 7. 4 netflix 6. 6 and then the one everybody is talking about tesla. That stock plunging 10. 9 . Whenever we can talk about algorithms, do you know what im saying i like it as the secret sauce, wow, i wish, you know, i wish i took a little bit more calculus or math or whatever. Do you know lets talk about it because theres so much. Youre all fired up youre tweeting about it and i dont follow you belief it or not because i like to enjoy my weekend, but someone retweeted your stuff to me and im like oh, geez anyway, youre mad because trump said he wouldnt do a partnership ever when it was microsoft and now he likes oracle i figure its because well talk all about it all right make it i know. Do you know what im going to do im going to read this and say andrew take it away. Making headlines, sources telling cnbc that oracle is set to be announced as t
Comes to an understanding. In china, we see focusing more on the industrial internet, without going to the industrial applications and Factory Automation the control on machines. And first World Problems for wear are Warren Buffett, the billionaire investors has 116 million to fund but cant find anything to buy. Hear from him at 12 00 on cnbc today. Good morning, everyone and happy monday lets check in out markets are faring on this very first trading day of the week. And it looks though in line with the index in europe, the stocxx 600 is happening up 0. 6 or so you can see that, distributions roughly 8 in the green, versus 20 or so in the red in underperforming. So, it looks as though the week is starting off well in line with the end of last week. And its less on the Economic Funds and more going to be focused on some of the political events that will be taking place. Specifically, expecting to get a little bit more detail later on, when it comes to the Customs Union and made as well
Very good morning, everybody. Warm welcome to daybreak europe. Lets check out the markets. Picking up where we left off. The mse i asiapacific eating out further gains. We touched alltime highs in the United States in fridays session. We did have some action to talk about. , a yen is steadier now little bit weaker against the u. S. Dollar. We have seen a move higher in the japanese currency. Had the bank of japans governor corona guided the market higher, when he was at demos, apparently not. He was not changing his stance, changing his forecast. Busy one. It will be a we have a dollar a little bit stronger, which makes a change after seven weeks of losses. It will be a busy week. Yellen is in her last week of the fed. Lots of data including jobs data and a state of the Union Address i President Trump. The metal price for you, this is zinc. We could have shown you others, the zinc is up 2. 3 . Because of the weeks dollar affect, lme inventories coming down and thats something that is f
The recordbreaking rainfall that flooded houston is expected to wind down today. But the trouble is far from over. Parts of Southeast Texas are still getting hammered with heavy rain, floodwaters continue to rise, and the destruction and misery are spreading. This morning, east of houston, port arthur, texas, is getting hit hard. The mayor says the entire city is under water. People are trapped in their homes and residents are being told to go into survival mode. And there are reports of an apartment fire. Tropical storm harvey makes its second landfall sometime this morning near the texas Louisiana State line. Harvey is tinue and so far more than 13,000 people have been pulled from the floodwaters. Don champion is in houston. Good morning. Reporter good morning, annemarie. Some people here in houston finally got a glimpse of the sun before it set last night as those rescues of stranded residents continue, the need in this region is only growing. Harvey slammed the beaumont area in sou
Games in my life. President obama is in a study of his morning on his way to a nato summit that will focus on the confrontation with russia. The meeting comes after a day of confusion in ukraine as the government there announced a ceasefire with russia backed insurgents and the east but the separatists said there was no deal and the government seems to retract his earlier statement. Here is president obama this morning in fact, russia is financingo stop , in many casesg joining of Russian Troops activities in ukraine and is series about a political settlement, that is something we all hope for. I have said consistently our strong,ce is a productive, cooperative russia. What is really going on . Our chief washington correspondent peter cook is with us in new york and Ryan Chilcote is on the phone from wales, the site of the nato summit. Help me dissect this. What is going on . There was quite a bit of confusion this morning. President ukrainian said weve got a permanent ceasefire agreed