Guests, and nice to see you. Thank you for joining us. Thank you. Lets check the markets now you know the story the nasdaq is where the bulk of the damage is. Down near 2 a loss of 236 points yields are very much the story today as well. Backing up yet again toward 5 there is 491 the tenyear note yield. However, i want to start with microsoft. That is the story today or certainly one of the stories at least the positive story today as your cloud Revenue Growth accelerating for the first time in a couple years because of ai, you own the stock. Give me your take. Its good we saw Cloud Services growth back up 28 which was the expectation i had on monday. That is where it needed to be. But overall the impact of what we expected from microsoft on the market, itself, its ability to stabilize the market, it obviously is not present and the reason its not present is these stocks are called the magnificent 7. Now were down to the magnificent 5. Weve lost tesla, lost alphabet. Well get into the
Into child abuse says catholic priests should no longer have to make a vow of celibacy australias Prime Minister Malcolm Turnbull calling the reports findings of institutional sexual abuse a National Tragedy. An end to Net Neutrality in the United States the government claims its cutting red tape that throttles innovation but users say this could squabble their data speeds instead. Was a special but complicated relationship as israel looks forward to its seventieth anniversary well look back at german israeli relations defined by the darkest chapter in germany as story. Welcome to the show my name sarah harmon its good to have you with us. Elaters meeting in brussels are heading for a showdown over the issue of migration European Council president donald tusk called a mandatory quota for refugees quote highly divisive and ineffective but your uncle americal whos just arrived has responded by saying Member States cant just pick and choose when it comes to burden sharing and solidarity a
Good morning, everyone. Im scott mcgrew. Hp is the birth place of a technique called management by walking around. If bill huelet and david pack around walked around im sure they theyd be surprised by what the workforce looks like now. A diverse workforce. An a perfect reflection of society to be sure, but hp is making it aer moe perfect mirror. The person in charge of the very big task is lesley slaton brown. Normally this is where im beginning to ask you questions but i have a couple of things to point out. That is i said this the last time we had a diversity officer on the show. It is my job to ask you really hard questions. And they will be about diversity. I dont want you to misconstrue that somehow im against diversity. Im also conscious that im a white anglosaxon protestant man challenging you about diversity. And it could seem awkward. So thats why i wanted to throw that out. Im not making an audition tape for fox friends. Does that make sense . Yes. Let me ask you a tough ques
Of another star, prince. Paul mccartney called him a creative giant. Do let us know what you think of our top stories. China and hong kong markets getting underway in about half an hour. A gauge of what is going on with your money today. Money going down a little today. Not a great end to the trading week. Times down,rait malaysia with a similar loss, and taiwan. Faring better than the open, down a third of 1 . The yen unchanged at the moment, although stronger in the early session. And Mitsubishi Motors are the two worst performers on the. Ikkei 225 asx 20 hit hard by the downturn. The new Zealand Market also weaker to round out the trading week, down a third of 1 . Trim back thell weekly gain we had seen on the regional index, currently down a third of 1 before china and hong kong come online. A few stocks we want to watch in up region today, iron ore 8. 8 , the secondbiggest gain ever. Atlas iron is very strong on that. It wasalysts were saying doing quite well, so a little overboug
M. We are breaking records but it is in light volume. Sth santa claus rally off to a strong start, day after christmas, a day where usually the s p finishes to the plus side 78 of the time. We want to point out groups that are leading the markets higher today. Utilities and health care, these sectors are the best performing. Leading the way, of course, they are rate sensitive. Utilities stronger throughout the year. Pull back a little bit in response to the weakness in crude prices. Retailers in the wake of numbers coming out. And then the International Council of Shopping Centers saying the growth this year for the Holiday Shopping season will be strongest in three years pretty much as expected. Those are best performing retailers. Amazon up on the news that it added 10 million prime customers. The dow just actually at its best levels of the day. Thank you very much. Lets get to Bertha Coombs where nat gas is falling today and dropping below 3. The first time in a couple of years. It