Thinks peloton is not just a fad. That bullish sentiment coming up. First, we begin with a continued dominance of tech in the u. S. Market. Stocks upadmit, the 1. 7 , nasdaq up more than 1 . Is something bigger going on . It feels like 2019. This unstoppable rally keeps going. It does not feel like a relief rally, because yesterday after the signing of the trade deal, it was just the stocks that trumped 1 . The other averages posted average highs, s p 500 and dow. Typically a relief rally would come after a big selloff from the major averages. It feels a little bit more like perhaps the early stages of euphoria within the bubble paradigm. That starts with capitulation, then with dislocation into the economic face and then phase and then euphoria. Does that match the fundamentals . Trading at ant, greater than 20 times forward pe. As you note last year, earnings fell by double digits. They are expected to fall for the Fourth Quarter and the First Quarter of 2020. By the end of the year,
Will the tesla turnaround continue . And price targets for apple raised to 300 per share. Rbc and bank of america. We will discuss the optimism of iphone sales in the holiday quarter. But first, to our top stories. A u. S. Air strike that killed one of irans top military officials. In the wake of the attack, the director of the u. S. Cybersecurity and infrastructure security agency, heeded warning urging the public to brush up on iranian tactics in order to Pay Attention to critical systems. To discuss, we are joined from boulder colorado by tom telemann and in studio bloomberg reporter. Want to start with you. Thank you for joining us. I often read that iran will respond to our sanctions and sometimes it has been the in and increasingly, it looks like it is cybersecurity. Do you see increasing Cyber Security threats as you have been covering them . I think there has been persistent threats. I think most organizations are constantly being bombarded by iranian actors, russian actors, ch
Retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. They are not allowing a license, the reason im a rider safety. The mood in london is that uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. As long as an appeal is ongoing, they are allowed to continue. Wilbur said that they will appeal the wilbur said they it willsaid today appeal the uber said they will appeal the decision. As long as that appeal carries on through the courts, then it can stay on the ground. The question will be whether the company can make the changes in its software to allow tfl to feel comfortable that it is worthy and whether it is fit and proper, as they say. Uber said it has already fixed one of the main problems that tfl had with the app in the first place. But we will probably have to wait until the spring to get any answer fro
We will have details. Going global. Amazon joins forces with chinese retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. Not allowing a license, the reason im a rider safety. Thate mood in london is uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. Ongoing,s an appeal is they are allowed to continue. Wilbur said that they will appeal the wilbur said they will appeal the uber said they will appeal the decision. As long as that appeal carries on through the courts, then it can stay on the ground. The question will be whether the company can make the changes in its software to allow tfl to feel comfortable that it is worthy and whether it is fit and proper, as they say. Fixedaid it has already one of the main problems that tfl had with the app in the first place. But we will probably have to wait until the s
Down on account sharing. And, antitrust allegations. An online merchant accuses amazon of using expensive the just six to move good, a tactic that could be driving up consumer prices, but first to our top story. One of teslas detractors just got twitter burned by elon musk. After he lashed out, the tesla chief offered him to take a tour on the companys facilities. To discuss, dana hull joins us. Give us a little of the backstory. This has been a longrunning attle. Every quarter he puts out an investor letter and e line loves this, looks for this and sent a tweet expressing sympathies. Teslas stock is on a tear, 40 over the last month. They have to explain to investors how they got the thirdquarter wrong. Tesla stunned everybody with a rofit. Now theyve got Upcoming Product launches. Maybe im remembering something that happened earlier, but didnt elon musk signoff twitter . Like monday or tuesday . Last friday he said he was taking a break. It is important to know that einhorn has clapp