Plenty to chew on this week. Although the big news of the morning well get to that. The ten year awfully close to the lows of the year. The 257 a lot of feds speak this we week. Europe is in the red are and dozens die in the ukraine. Fall out from the Massive Customer data breach continues. Warren buffet this morning explaining the vote around the Compensation Plan and more. First up greg steinhoffel is out. Target has named John Mulligan as ceo while the Company Searches for a new chief. But as time goes on, we are going to get down to the bottom of this. We are not going to rest until we know how that happened. But we are going to come out at the end of this a Better Company and we are going to make significant changes. Going to remain an adviser as the search going on. Im not sure he knew it was going to cost him his job. It has a good board. He has a good board and when this happened, it was surprising and very out of keeping with what we think of as target. Earnings per share boun
Peter larson, Vice President of amazon kindle, spoke at the event. What can you watch on fire tv . It has a ton of content. From amazon instant video, primates and video, hulu plus, watch espn, showtime, major league ace ball, nba, the disney channels, bloomberg tv, youtube. It is the easiest place to watch netflix. You can catch bloomberg west on there, of course. The move also escalates a rivalry with netflix and other streaming services that are developing exclusive content. Now, the big question is, who will win the battle for your living room. Cory johnson and i spoke with brad stone about what fire tv really means for amazon. Amazon has actually been thinking about a set top boxes the end of 2011. It has been a long journey. The question was always, what are the big ideas going to be . How will it raise the bar on roque who, on apple tv. Watch james bond movie and by the watch. Maybe that is coming, but version one amazon does not have it. Apparently fire tv has better search cap
Peter larson, Vice President of amazon kindle, spoke at the event. What can you watch on fire tv . It has a ton of content. From amazon instant video, prime instant video, hulu plus, watch espn, showtime, major league baseball, nba, the disney channels, bloomberg tv, youtube. It is the easiest place to watch netflix. You can catch bloomberg west on there, of course. The move also escalates a rivalry with netflix and other Video Streaming Services that are developing exclusive content. Now, the big question is, who will win the battle for your living room . Cory johnson and i spoke with brad stone about what fire tv really means for amazon. Amazon has actually been thinking about a set top boxes the end of 2011. Setup box since the end of 2011. It has been a long journey. The question was always, what are the big ideas going to be . How will it raise the bar on roku, on apple tv . Theres the casual games, bringing the games in from the app store. It is a risk. No big idea, no interactiv
It is the momentum stocks. We have seen this theme in the past several weeks where we see some selloff of these momentum stocks, ones that have really been running up for a long time. But it has been in fits and starts. There will be a selloff and then will recover a little bit. There is not really a specific individual catalyst for many of them. Take a look at facebook. This is emblematic. One of these big momentum stocks that has been performing well that has now been pulling back recently. Today, it is down 4. 5 . It is also happening with the biotech which has been big momentum stocks. If you look at the nasdaq take index, it has been up big. Then we have seen these big pullbacks. Right now, it is at its biggest oneday drop since 2011. A longer stretch since we have seen that kind of a drop. I want to mention one stock that is uptodate considerably grubhub. It is surging today. Did raise about 190 2 million in its ipo. Today, folks are buying that stock, bucking the overall market
As we come on the air tonight, a deepening disconnect between the Trump White House and president elect bidens Transition Team. An action over this pandemic has led to more than 11 million americans contracting covid19. Nearly 250,000 americans have died under President Trumps watch. And those numbers are climbing as we speak. And now another layer of danger to the American People. The Trump White House continues to withhold key briefings and intelligence from the president and Vice President elect, breaking decades of precedent, denying the American People the peaceful transfer of power that democracy demands. Now bidens Transition Team is calling on the General Services administration to help. What we really want to see this week, chuck, is the General Services Administration Issue that ascertainment, so we can start to do the kinds of things that you and i talked about a few minutes ago. Meet with these vaccine officials, kind of get the Intelligence Briefings for the president elec