Just 5 days ago. We had a 50 basis point move in that two year yield seven days, so tremendous volatility in some people data still ahead. The 10 year yield hanging out now below that 4. 60 level. Send midday movers on the equity side, that shows you a little bit of the exuberant under the surface. Qualcomm suggesting that demand for smartphones is increasing after two year swap. The company has been trying to decrease reliance on phone chips by pushing its personal computers, vehicles and other markets. Qualcomm shares rising the most in more than two years. In Apollo Global rose 26 in the first quarter, just shied estimates, but the firm has launched the best performance among of publicly traded peers this year. You see a polish shares up more than 4 . And take a look at peloton also because the ceo announced lance to step down at the Company Looks to another restructuring to reduce annual expenses by more than 200 million. They plan to reduce headcount by 50 . Have a ton shares down
Positive by 0. 5 . It is all about the calendar this week, all about the tech earnings. Tuesday, tomorrow, tesla. Wednesday, meta. Thursday, google and microsoft. Lisa its going to be interesting to see whether even a beat is a disappointment to market because so far that has been the tone. Weve gotten the biggest selloff going back to late 2022. Have we already priced out that potential disappointment set out for a positive upside surprise, or is this a pivot point at a time and a lot of uncertainty . Jonathan lets talk about tesla. Downline 2. 4 this morning. More than 40 yeartodate and we start this week with another round of price cuts. Annmarie a string of bad news is coming to tesla and some tomorrow they are supposed report first revenue decline in four years. A challenging Earnings Call for elon musk. Not just the cuts. Across the board, china, europe and the u. S. , but also the job cuts. The fact that they are trying to basically pin the future on this robotaxi that remains a