State of ai and the regulation with the cochair of the government ai review. All of that and more coming up. We will check on the markets, macro dictated. Flipping between gains and losses. Seems to be being moved by this market, the bond market, yields backup for basis points. Look for the decadelong highs, 4. 5 seven on the 10 year at the moment, about 5 on a twoyear, worried about the direction of travel for the Federal Reserve and a potential Government Shutdown in the red states. Interesting that we see the dollar pushing higher. We expect the fed to have to push back on where some of the inflation pressures have been. The dollar index for the sixth straight day, the longest winning streak. In the face of a stronger dollar, bitcoin higher,. 5 . About of buying in your trading. To get back to the micro today. Ed there are themes, weighing out in the new cycle markets as well. Theyre shuttering the unit of their business that does augmented reality, 170 jobs going with the jobs bein
Blockchain is shaking things up at oldschool giants. Inis now creating new life the stalwarts like ibm and oracle. Betty david, bitcoin was up, apple down, right . You saw some of that in asia yesterday, the apple suppliers getting hit on speculation about the numbers coming in far short of forecasts, in fact to 10 million shorter than what some analysts had predicted. I want to pull up a chart that you are familiar with. This is a 254. It shows you the Revenue Breakdown 8254. It shows you the Revenue Breakdown by segment and shows you how important the iphone revenue is to apple, but that decline we have seen a bit worrisome. This replenishment cycle really going to turn out to be the way apple believes it will be with the iphone x come or is 1000 the breaking point . David that is a lot of money for a handset. Betty yeah. David you look at these numbers and forecasts, you mentioned 10 million short. Coming out, may be shipping 35 million handsets in the First Quarter, still a big num
Micron, qualcomm, all following. These have been some of the hottest trades of the year is this the beginning of a bigger pullback or should you buy this dip dan . Its a tough one. Obviously we had microns earnings a week and a half ago they beat and got higher they were talking about nand pricing and dram this is a headwind for apples margins, theyre a big customer of apple for me, you have to think about this apple announcement, we see this every quarter whether its hush hush, whisper whisper, theyre not going to have the builds they did on this high end phone thats going to possibly affect their asps. Last quarter expectations were not particularly high because people knew the iphone x would be pushed out later into the calendar q4 and all of a sudden they gave this massive guide for units in this quarter, 85 million. I think at the end of the day you have a stock trading at 170, i think back then it was 160 if they were to come in line and guide, you know, down a little bit, i dont
An hour or two off makes a difference . Its like a new jet lag every week think about that the three day weekends yesterday kaley was up early. That kept me on track. If you go to bed early ben franklin. 7 to 8 hours, instead of getting fancy i thought you were going with the early to bed, early to rise. It sounds like youre getting a little bit too how does this guy know . If you get 7 or 8, youre great. God bless you if youre getting 7 to 8 now youre saying it has to be this time i can call you early on weekends if youd like lets look at u. S. Equity futures. Its been a huge year already, just two trading weeks in. Look at this this morning, futures are surging, dow indicated up by 267 points s p futures up by 17 nasdaq up by 14. This comes after last week where the dow was up 507 points. Nasdaq up by 1. 7 . Gains across the board with the dow, nasdaq, s p 500 and many other indices result ending at alltime highs its continuing again this morning. Hard to try to get your arms around
And welcome to power lunch. Eye melissa lee, your money carving out some small money today, and russell 2000 at rosh highs. Its a global rally. Lets check out bitcoin is bouncing back after falling below 10,000, Goldman Sachs say its a bubble bigger than the dotcom era and famous tulip bulb mania, and p g was down travelers rallying by almostsh topping expectations tyler . Thank you very much, melissa. Welcome, everybody we begin with a major decision from the white house the administration saying it will slap tariffs on solar panels and washing machines. If youve got a solar powered washing machine, you are not, kayla, going to have whiter whites Kayla Tausche is at the very white house with more. Reporter those tariffs are steep and final. For companies outside the United States empowereding washing machines into the United States theyll sue new tariffing between 20 and 50 , depending on the number of washing machines they are importing. For components that 50 . For solar part manufa