Elusive. And suppose he says the house is. Transformed samsung into a global tech giant has died. Paul lets take a look at the markets right now. The asx in australia has just opened for trade at the start of the new week. We do have a staggered open. Pretty hard to get a bead on things. Pretty flat at the moment. We are waiting for cocacola to open on the news of this deal that the European Partners are moving to acquire the Company Valued at 9. 3 billion to underscore some of the consolidation going on. The aussie dollar holding a threeyear gain as the u. S. Stimulus talks continue to drag on. U. S. Futures looking a little weaker as well as nancy pelosi and mark meadows but he might accuse each other of quote, moving the goal post. Nikkei futures are pointing weaker as well. That is going to be a busy earnings week in japan. Starting off with kanaan reporting today with cannon reporting today. Lets start off with china at where the leaders are gathering in beijing to map out the fiv
Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
Business the German Government says its looking at the highest set of instruments they could use in taking action against moscow of the poisoning of russian opposition leader. Chancellor Angela Merkel spokesman has underlines that she would not rule out consequences on the multibillion euro dont stream to pipeline project if moscow fails to thoroughly investigate the case he also says the german leader is open to all sanctions. The north stream to pipeline through the baltic sea means a lot to both parties for russia its a source of solid foreign currency for germany and other e. U. Countries its a major Energy Conduit but following the poisoning of russian opposition figurehead alexei no vaal me a crime blamed on my scout the German Government has for the 1st time considered halting construction of north stream to it wouldnt be the 1st time the e. U. Has levied sanctions against russia the number of cases in which countries impose sanctions on others is climbing accelerating rapidly f
A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote followed the u. S. Election on a. First it was a long way now hes taking aim at to talk john all trump threatens to pound the chinese video in the u. S. Again hes high security concerns but well of those alleged rants and how far will trump go in his business more against china this is inside story. Hello welcome to the program. Its one of the most downloaded apps of all times and famous for its catchy videos the chinese own video sharing app ticktock has millions of years as in the u. S. Alone and many feel disappointed by President Donald Trump writes to ban it is our country now tech giant microsoft says it will continue talks to buy tick tocks operations in the u. S. Canada australia and new zealand the Corporation Says hes spoken to trump and will tackle his concerns about the social media platform washington is worried use that data could be shared with the
First it was one way now hes taking aim at 2 top journal trump threatens to pound the chinese video in the u. S. Again he signed security concerns but well of those alleged rants and how far will trump go in his business war against china this is inside story. Hello welcome to the program. Its one of the most downloaded apps of all times and famous for its catchy videos the chinese own video sharing app tick tock has billions of years in the u. S. Alone and many feel disappointed by President Donald Trump writes to ban it is our country now tech giant microsoft says it will continue talks to buy tick tocks operations in the u. S. Canada Australia New Zealand the Corporation Says spoken to. Trump and well tackle his concerns about the social media platform washington. Use that data could be shared with the Chinese Government and videos. To talk rejects that this is what the u. S. President had to say on friday well look you know we may be. We may be doing some other things or couple of