Thank you so much for joining us this morning. I am maria bartiromo. It is friday october 13. The top story 6 00 a. M. On the east coast. Today a day of rage reports hamas leaders are calling all muslims to create a global day of jihad against israel. Israel urging citizens abroad to remain alert to and avoid protest. The fbi is issuing warnings on the potential Public Safety concern in america. The war entering a new phase overnight as israel tells 1. 1 million civilians in northern gaza to move to the south within 24 hours more than 1300 israelis are dead. More than 1500 palestinians are dead including 27 americans since the hamas assault began on saturday. More on all of this retired party colonel dale buckner in florida congressman cory mills will join me later this hour along with florida senator marco rubio el camino. Then Big Bank Earnings kicking off or taking a look at the banks as thirdquarter earnings will start rolling out. J. P. Morgan, city and wells fargo coming out with
Great have you with us. How did they finally seal the deal . Yes. Great have you with us. How did they finally seal the deal . Finally seal the deal . Yes, this has been a nearly finally seal the deal . Yes, this has been a nearly twoyear finally seal the deal . Yes, this has been a nearly twoyear long been a nearly two year Long Acquisition Process which has been fierce with a lot of pushback. Cma is the last major hurdle they create. The major issue the cma had with the Activision Blizzard deal was odd to most others in the industry, their issue with the cloud Gaming Market. It is currently about i Gaming Market. It is currently about 1 of the total Global Gaming market which is 188 billion, cloud Gaming Market is about 127 billion, and the concern they had was Activision Blizzard was have a monopoly or unfair advantage with this acquisition and this is something that was a Head Scratcher for us. We are glad this has got through, Activision Blizzard got this route by making what we t
Inflation numbers are up. Sharper than expected. You are looking at yields at tenyear at 2. 6 . We have news breaking overnight. Uk watchdog giving the green light to the microsoft 69 billion takeover bid of activisionblizzard. It removes the hurdle for the deal to close. The regulators said this deal would stop microsoft from locking up competition in cloud gaming and preserve customers. In a post on x, brad smith said we are grateful for the review and decision today. We crossed the final regulatory hurdle to close the deal to benefit players in the gaming industry worldwide. This has been one for the books. Saga that i dont think anyone was anticipating would go on this long. Given all of the regulatory hurdles. Maybe the ftc. And cma. There was a question of if they would ultimately approve it. 22 months. A long time coming. A lot of questions of what this means. Just about every deal will be questioned by the doj or cma. Microsoft took the extreme steps and saying we will do whate
Can now be offered from the highest order price, and now with an average price that actually happens in the winners , they will pay that money at a very different rate from the price that the applicants are asking for. From this point of view, we can say that worry about what we want is actually a double rate. Lets face it, no, the volume of supply is low now, well, finally , it will reach its maturity in this market, well , it will definitely take some time, well, there is a market that has been active for two years , one year, and there is one that has been active in this short period of time, and it has had successful auctions. Now, we had less complaints about auctions and the infrastructure of hashem mahia, that is, meshkar, yes, mr. Shahbazi, well, a few discussions were raised. You said that there is no stock market and the width is not clear from the socalled supply side. The central bank has mandated the import of gold to the Gold Exchange center. It used to be that the gold t
Cloud market in the uk thats much more than the 55 share they have globally. Their nearest rival, google, only has between 5 10 . Lets discuss this further. Professor suzanne rab is a barrister at serle court chambers, specialising in competition and regulatory law. Lovely to see you. First of all, just talk us through what of commerce trying to achieve here. ,. ,. ,. Of commerce trying to achieve here. ,. , ,. , here. They are concerned that the market here. They are concerned that the market may here. They are concerned that the market may not here. They are concerned that the market may not be the market may not be delivering benefits to customers. Theyve identified very high combined Market Shares of the leading players as in microsoft, and they are concerned that, as a result of that, and a combination of certain Business Practices, customers of Cloud Computing Infrastructure Services may face limitations on switching supplier and getting a better deal. Supplier and getting a bett