Facebook shares in the red. Even though results did beat on the top and bottom line. Total revenue up 39 . Some of the decline possibly attributed to the surge in spending. With expenses up 82 . On the call, Mark Zuckerberg continued to tout progress with video. Take a listen. Video continueses to be some of the richest and most engaging content for people and publishers and since the start of the year, pages are also sharing 40 more video. We updated our news feed ranking to help people see more of the videos they care about and techting option force video monetization to help our partners build their businesses. Jon, 24 hours ago you said it would be the line item to much with and a its clearly the focus. Given the fact that facebook ran up so much over the past several weeks, this level is just about where it was trading two weeks ago. When you think about it in those terms, not necessarily that bad. But so much of what facebook had to say on the call was positive. Think about Faceb
Says he noticed cooperation at nato and the group of 20. Powered by 2600 journalists and analysts in over 120 countries, from washington, im Alisa Parenti. Bloomberg technology is next. Emily this is bloomberg technology. Cybersecurity stocks jump in the wake of the global wannacry hack attack. The next act. A former ceo joins us to talk about his new fund and where he is placing his bets in a bloomberg exclusive. Apple hits refresh with a new. Ine of macbooks first to the lead, we take a look at the evolving Threat Landscape in cyberspace. President trump discussed highly classified intelligence in a meeting with russian officials last week. The National Security adviser says the information the president shared was appropriate , and based on opensource reporting. Take a listen to general h. R. Mcmaster defending President Trump. What the president shared was appropriate. The story combined what was leaked with other information, sources anded about methods. I wanted to make clear wit
Says he noticed cooperation at nato and the group of 20. Powered by 2600 journalists and analysts in over 120 countries, from washington, im Alisa Parenti. Bloomberg technology is next. Emily this is bloomberg technology. Cybersecurity stocks jump in the wake of the global wannacry hack attack. The next act. A former ceo joins us to talk about his new fund and where he is placing his bets in a bloomberg exclusive. Apple hits refresh with a new. Ine of macbooks first to the lead, we take a look at the evolving Threat Landscape in cyberspace. President trump discussed highly classified intelligence in a meeting with russian officials last week. The National Security adviser says the information the president shared was appropriate , and based on opensource reporting. Take a listen to general h. R. Mcmaster defending President Trump. What the president shared was appropriate. The story combined what was leaked with other information, sources anded about methods. I wanted to make clear wit
In the biotech names and, again, guys, some real loops here well see if that continues as people dissect what is happening with this Senate Proposal for health care. Well send it right back down to the New York Stock Exchange and the true over at squawk alley. Good morning. Welcome to squawk alley much its 8 00 a. M. At oracle headquarters in Redwood Shores in california. 11 00 a. M. Here on wall street squawk alley is live good morning welcome to squawk alley. Carl has the morning off. Im on this side now. Youre on this side we like to switch it out a little bit joining us this morning, vanity fair special correspondent and General Motors vice chairman and cnbc cbsor bob lutz. Good morning to both of you. We want to Talk Health Care were just getting this draft legislation from the senate. Theyve been working on it in secret were starting to get the details trickling out as we make our way through 140 pages. Were seeing the markets react Health Care Stocks are surging on the back of t
Kayla tausche, to talk about the market impact. The president of the United States this morning commenting about the overall stock market. Yes. And how much people who bought in since the election have been rewarded. Your thoughts. It is true. I mean, theres no way to get around the timing of it all, but ive been sort of saying a lot had to come together, both with regard to policy and policy hopes and outside of that for the market to do what its done since the election, as many people have commented. Ah all of the leading indicators turning up, earnings pointed in the right direction and bond yields globally going up. All this fed into an idea that things were Getting Better. And then you had the overlay of there will be businessfriendly policy coming out. And i think it did keep investors focused on this story line, that yes, things are Getting Better now, but maybe we could even count on some help down the road. Now, what happened over the weekend and what happened into today is yo