Good morning. Welcome to Worldwide Exchange here on cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Its throw back thursday, in honor of st. Patricks day coming up tomorrow, were throwing it back to music from irish artists, u2 a great one to start with. I agree. Lets check in on the Global Markets this morning. After a powerful rally we got after the dovish hike by the Federal Reserve is how some of the investors and strategists are deeming it. It looks like the rally continues after a more than 100point gain for the dow. S p 500 awfully close to a record high. The surprise with the Federal Reserve came in the fact that not that they hiked, everybody expected that, but they left the word gradual in when it came to the Interest Rate increases from here. And didnt get overly aggressive when it came to forecasting more hikes. Sort of a goldilocks scenario, where stock investors like it. The fed is in no hurry to raise Interest Rates, seems to be on the ball wh
Ofk may have a paper loss 86 billion in fiscal 2021 as it starts to exit qe. It is estimated it will continue until 2029. The governor has so far brushed whathe need for details of will happen when his Program Comes to an end. Bloomberg. Now lets take a look at the markets,fter at the afternoon trading just getting underway here in china. Hang seng up about 3 10 of 1 . Nge in up 3 10 of one for 1 . Zhen up 1 10 of caroline im caroline hyde. This is Bloomberg Technology. Coming up, waymo editor battle it out. The latest on the five that may prove to be a roadblock to ubers Autonomous Car dreams. Plus, tesla returns to wall street asking for more cash. Why do investors think that is a good thing . And visas are in the spotlight again. A new study supports trumps claim that visas hurt the american tech workforce. First, to our lead, the alert of Autonomous Cars has two Silicon Valley giants facing off. A lawyer for uber told a federal judge the Company Plans to go to private arbitration w
There have been over 100 million close toiled comment 80 filed for refunds. Global news 24 hours a day powered i more than 2600 journalists. Im Alisa Parenti and this is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, ibm revenue sinks for 20 straight quarters, dragging the stock lower. Plus, the iphone is getting an overhaul just in time for its 10th birthday. The highend features on the new model. And we bring you the latest from facebooks sh conference, including Mark Zuckerbergs big nsfer augmented reality plans for augmented reality. First, ibm reporting firstquarter refill results. They are down more than 2 . Expectations. Nder Gross Margins also trailed analyst predictions. As a result, shares trading lower afterhours. We are down 3. 9 in afterhours trading, more than 5 billion in the market cap. Lets get a little more analysis for you. We are joined with more reaction. Is there any upside here . Revenue falling, profit margin falling as well. Ligh
There have been over 100 million close toiled comment 80 filed for refunds. Global news 24 hours a day powered i more than 2600 journalists. Im Alisa Parenti and this is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, ibm revenue sinks for 20 straight quarters, dragging the stock lower. Plus, the iphone is getting an overhaul just in time for its 10th birthday. The highend features on the new model. And we bring you the latest from facebooks sh conference, including Mark Zuckerbergs big nsfer augmented reality plans for augmented reality. First, ibm reporting firstquarter refill results. They are down more than 2 . Expectations. Nder Gross Margins also trailed analyst predictions. As a result, shares trading lower afterhours. We are down 3. 9 in afterhours trading, more than 5 billion in the market cap. Lets get a little more analysis for you. We are joined with more reaction. Is there any upside here . Revenue falling, profit margin falling as well. Ligh
Says its another liberal takeover at the white house. Later, Mark Zuckerberg taking the stage at the tech giants development conference, he addressed the tech killer for the first time. First we start off with a selloff on wall street. Check out the dow falling as much as 1 forepoints at the lows before recovering those losses ending the day down 113 points. In the sea of red, thanks to Goldman Sachs down 5 , continuing the pressure we have seen on the entire Financial Sector in the last month. So the decline in goldman today, it has given up nearly half of its gains from highs made just last month. The ten year getting its low since november. Slightly above that 2 level. Guy. I got to be consistent. Goldman sachs, karen as well, correctly so. I sort of got on board right after the election, goldman was mid1 80s and my argument was, you know, with all the trump agenda, all the rhetoric going on, people are waiting to see if it happens, they will get ahead of the stock. It traded well,