Police in brazil say the search is on for 99 inmates who escaped during a prison riot. Nine inmates are dead, 14 are injured. Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. , isbloomberg technology next. Im emily chang. This is bloomberg technology. Could the Biggest Company on the planet go on a buying spree. We look at apples billions of dollars of cash on hand and possible ma and a targets here it plus, bitcoins hangover. Can the currency regain its peak . We will talk about the likely ,uzz around the the first there were about 2. 7 billion dollars of mergers last year, the lowest tally in four years. Will 2018 see a new rush of merger mania . Anotherill buy yet major brickandmortar business in 2018 on top of its recent purchase of whole foods and he says that is target. The timing on this is difficult. We think it is 2018, but seeing the combination of value is easy. This is not just a revenue grab, but a demographic grab. Om d
Year. They see it as an ideal retail combination. Happy new year to you, elon. Speaking of speculation, we had a wanted for the Market Participants saying that speculation will likely cause a correction this year. One comment he made in his surprises for 2018, he said the u. S. Economy lets pull this up, the u. S. Economy has a better you than 2017 with speculation reaching an extreme. All i can do is look at the chart here, g btv 1241 showing closing for nine months straight, that hasnt happened since 1950, it makes you think where we make history again with something unprecedented . You might sound scary but have to wonder how tax reform will play into it, how much has really been priced in, the big russian is this 2018 going to continue giving the sequel that we saw for bull markets that we saw last year as well, given the fact that the returns were quite incredible, it will be really hard to maintain that for the rest of the year. Indeed, it will be very difficult, just really quic
Against the rogue States Development of a nuclear arsenal. We will never accept a nuclear north korea. Alisa when asked about possible pyongyang andn south korea ahead of the winter olympics, haley said north korea can talk with anyone they want, but the u. S. Will not acknowledge it until they agree to ban the Nuclear Weapons they have. Police in brazil say the search is on for 99 inmates who escaped during a prison riot. Left nineur uprising inmates dead and another 14 injured. Global news 24 hours a day powered by more than 2700 journalists and analysts. This is bloomberg and Bloomberg Technology is next. Emily im emily chang. This is Bloomberg Technology. Coming up, the Biggest Company on the planet go on a buying spree in 2018 . We look at apples billions of dollars of cash on hand and possible m a targets. Plus, bitcoins hangover. Can the currency regain its peak . And the Consumer Electronics show is just around the corner. We will talk about who is going and the likely buzz, bu
Former friends fallout badly. Steve bannon attacking his former boss. The president saying he lost his job and his money. His mind. Betty another day, another twitter fight, it seems. In the meantime, no fighting along the fed numbers members. We saw the minutes come out. Continueeve they will on this gradual rate increase. Now, the debate is how many times . Several of the members said two, maybe less. Others said at least four. That will be the crux of the debate around the fed in 2018. Yvonne what could be driving that is this continued debate on inflation. There is still uncertainty on why we are seeing not seeing higher inflation. Also, there wasnt a lot of concern about the flattening yield curve. Betty thats right. Here in the equity markets in the u. S. , continuing to rally forward and hitting records, as you can see here with the s p 500. The dow is adding on almost 100 points. Way,asdaq also leading the up almost 1 . The s p 500 navigating above the 2700 point level. Again,
Aforementioned yahoo . They were just talking about it. Well get you ahead of all of the trades. Mandy has gone down to the heart of the action at the New York Stock Exchange. Hi mandy. Its a down day, as you said but being driven by a few stocks as you mentioned. Ibm and United Technologies for more than 100 points of the dows drop. Bob pisani joins us here on the floor of the stock exchange. We did not color coordinate ourselves. But it looks good. A happy coincidence. The important thing is if you look at ibm and United Technologies, put them up for me, they are about 120 points to the drop in the dow that were seeing today so very very unusual action, and thats why the dow is much weaker, for example, than the s p 500. We are having a problem, again. So in the First Quarter, put up whats going on with United Technology and ill show you this. In the First Quarter the big problem for Multinational Companies was number one. Week Global Growth particularly china and secondly the strong