Died. Her publicist says she died with her husband and friends nearby. She was 80. Global news 24 hours a day, powered by more than 2600 reporters and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Caroline this is Bloomberg Technology. Up, the tech season heats up with qualcomm, at t, and even they are reporting or it result ahead as the dow clocks and above 20,000. Plus, cisco ceo tells us how its 3. 7 billion acquisition permeated the first major tech ipo of 2017. Finally, lucky money turns digital. With the help of . 10 messaging app we chat, we take you to chens and to show you how the chinese tech giant is gearing up for the Lunar New Year. First, to our lead the earnings parade continues at qualcomm, at t, ebay reporting results after the close. Qualcomm reporting sales that came in just shy of estimates, giving guidance it may miss sales and profit estimates in the current period. As you can see on the bloomberg trading, just slightly lower in after
Died. Her publicist says she died with her husband and friends nearby. She was 80. Global news 24 hours a day, powered by more than 2600 reporters and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Caroline this is Bloomberg Technology. Up, the tech season heats up with qualcomm, at t, and even they are reporting or it result ahead as the dow clocks and above 20,000. Plus, cisco ceo tells us how its 3. 7 billion acquisition permeated the first major tech ipo of 2017. Finally, lucky money turns digital. With the help of . 10 messaging app we chat, we take you to chens and to show you how the chinese tech giant is gearing up for the Lunar New Year. First, to our lead the earnings parade continues at qualcomm, at t, ebay reporting results after the close. Qualcomm reporting sales that came in just shy of estimates, giving guidance it may miss sales and profit estimates in the current period. As you can see on the bloomberg trading, just slightly lower in after
With me, as always, jon fortt and Kayla Tausche at post 9 as the dows down about 20 points. Busy day for poll kicks and business. One week since the inauguration. The president front and center on the world stage, moving one step closer, some say, to a trade war with mexico, ramping up rhetoric this morning, as the president welcomes his first foreign leader to the white house today. Our john harwood is at the white house with all the latest. Good morning, john. Reporter good morning, carl. You know, President Trump did not back away from what happened yesterday when the mexican president canceled their visit next week. He came before the republican retreat and said we have mutually decided to put off this meeting, unless we are treated properly and with respect, there is no point to it. Today he sent out a tweet underscoring that complaint, saying that mexico has been taking advantage of us for years on securing the border and on trade, and that has to change now, in all capital lette
Billion acquisition terminates the first major tech ipo of 2017. First, a huge week for tech earnings. This of course in a week where the dow average marched beyond 20,000 for the first time. Lets kick things off with after that reporting on thursday. Take a listen. You have to take a step back. Here is a company that makes massive amounts of money, has massive levels of growth and yet people are finding those little areas. The problem is always about expectations. The ad click numbers are clearly a challenge for them. Whats good is we are seeing them spending money on other bets that i think will pay off. In the short term, there is extra money being spent, but they have very interesting opportunities. Google recognizes they have to extend alphabet has to extend beyond the advertising business model. These bets will start to pay off. We are starting to see spending in those areas where we will see growth later. Caroline im seeing cost per click falling 15 . But they are still managing
Good friday morning. Welcome to squawk alley. Jon fortt, sara eisen and me at post 9 on a very busy friday as the market stumbles a bit for the first time in about a week, taking a pause in their historic rally as the president goes to South Carolina for that meeting with boeing. Investors seemingly undeterred this week through headlines and fake news and cabinet changes. The question is, will that confidence continue as the president s policies move closer to implementation . Were joined by richard clarendon at pimco and mike ryans, global strategist at ubs. Good to see both of you. What a week weve had. Its not just been potus. Its been yellen, philly fed, cpi. What can we say this after week weve had . Weve had strong data for several weeks. We had yellen on the hill for Humphrey Hawkins stem. She leaves her options open, didnt show her hand for the march meeting, but strong data. One question, mike, is do you sense there is any rise in complacency, underestimation of the risks, you