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
The twoyear yield is hanging out at 481 on the day. The twoyear got below 480 last week, it has been hovering around these levels, barely changed on the day. 10year yield, similarly a one basis point move. We will talk about it later in the show, but there is some interesting news this week on the issuance front when you look at the auctions from the treasury and the 10 year will be tested. Data movers on the equity side, shares of micron higher after it was upgraded by baird to outperform. Spirit airlines, lets talk about that, hitting a record intraday low after issuing a revenue outlook low analyst estimates. The company noting overcapacity in several key markets like latin america and florida. Down 10 on the day. We want to note a huge move for the bitcoin world, marathon digital chairs climbing now on news that the company is pursuing a strategic organization, overt 70 . The Company Reports after the bell on thursday. Ellen hayes enjoins us to talk about all that is going on in th
Recovers. No one knows why. The question is was it all the algos . Emma chandra is here with first word news. Vladimir putin will have one less opponent in march. Russian officials formerly formally barred the Opposition Leader from running because of a conviction in a fraud case which has been viewed as political retribution. He could have run if his conviction had been canceled. A Spokesman Says the kremlin is concerned about the possibility the u. S. Might extend sanctions against russia. That took effect in august calls for the treasury to compile a list of business asders of the Companies Seen close to the kremlin as potential targets for sanctions. Last week the u. S. Added the names of several prominent russians to the list. Almost a year into Donald Trumps presidency the border wall he passionately promoted throughout his campaign amounts to eight prototypes. No more than 30 feet long each in the desert outside san diego. No funding has been appropriate by congress to advance t
And ive always said this. Its nice to have kids because you need to live to watch them grow up, right i guess time is passing, they cant grow up. Did you have a nice day we did. I i dont know, i thought i had a free rain ein to imbibe. You cant tell what youre doing until its too late. So i have a picture we had a cake when we got home. I was laying on the couch and they took a picture of me because i wouldnt sit up to eat the cake you need those glasses that we had stounounds like a good birth we went in the big city it was fun. Happy belated birthday. Thank you. Folks, lets check out the u. S. Equity futures. The second trading week of the year green arrows dow was up by 577 points gain of 2. 3 nasdaq up by even more 3. 4 just in the first four trading days looks like there are green arrows across the board. Dow futures up comes after big gains up tonight in asia. Nikkei up by. 9. Hang seng up by a quarter of a percent. Shanghai up. Early trading in europe this morning you will see t
Time, unless its their stocks were talking about. Theyre interacting in ways i didnt think possible, going up in tandem. How positive is that every night now, i keep highlighting the bizarrely bullish ways that stocks are trading. Sometimes theyre totally in your face. Like this simultaneous move in the price of oil and Airline Stock which ive never seen in almost 40 years in this business its the type of thing that can really get the markets animal spirits roaring as it did once again today. Dow gained 206 points. S p climbing, and nasdaq falling. 081 . Look at this oddity. Lucrative set of circumstances because i want you in. Not excited because thats not rigorous i want you to understand how rare things are that are happening right now. Airline stocks surged because of terrific numbers out of delta. Many thought delta was doing poorly surging up nearly 5 Airline Stocks gone from nearly most expensive because of endless losses to nearly cheapest save the autos because investors cant