[inaudible] cheryl what is back in the new year. No waiting until the last minute this year. Homeowners in high tax states are rushing to pay their property taxes before the new federal law goes into place january 1st. By the effort still may not pay off for them. Overnight developments we are going to talk about. Broader markets right now futures pointing to a higher open in the second to last eight trading for the u. S. Dow up by 37 in the free market. In europe after long Holiday Market from the european markets onto the downside slightly. In asia overnight by markets closed mostly higher. The kospi up over 1 . Denis katie on the market in the red. Roy is more filing a lawsuit, challenging the Alabama Senate election. His new claim of voter fraud that had. X marks the spot for tim cook this year. The apple cto with the jawdropping amount he made in 2017. Disneyland goes dark. A power outage forces the happiest place on earth to shut down dozens of riot. White tux hours to get to rid
9th, that crazy friday, our reporters are standing by breaking down the market since then Bertha Coombs and bob pisani i think the important thick is weve seen quite a recovery in the markets but not for everything let me show you a few charts jpmorgan, a big recovery remember what happened on february 1st it was like 117 then goes down to 104 on the 5thand its com back around 116 thats a roundtrip. Also boeing another big one, 357 on february 1st 317 on the 5th. Thats a 40 drop, back to where it is, roughly 356 or so. Theres a roundtrip some stuff hasnt recovered the consumer names havent recovered. Cocacola goes to 82 and its hovering around that exxon, the oil stocks have had a hard time. 89 down to 73. That hasnt recovered. Part is on the fact that oil didnt have a big bounce heres the important thing the s p on the whole has recovered a large part of its losses we lost almost 300 points from the high to the low on the s p and you can see all the numbers were looking at the importa
Day. You can see the hang seng was down by 2 the kospi in south korea, where the closest to these concerns is located, is down by 1. 7 in europe there are also concerns playing out there the dax down by 0. 4 all the other averages down by 1 or greater. Biggest declines in spain, the market there down by 1. 4 . If you check out crude oil prices, the iea releasing a new report saying that Global Oil Demand will grow more quickly than expected this year. Thats not helping prices which are still down by 37 cents. Here are the big stories were watching shares of snap are sliding after the social Media Company reported a bigger than expected loss snap lost 16 cents a share last quarter. Revenue coming in at a lighter than expected 1 181 million the company added fewer daily active users than anticipated. Ceo evan spiegel addressed concerns on the Conference Call. We have always been last to market, competing against giant companies, weve been able to grow our business in markets that are hig
Arrangement underway for the white house, who directed the National Security team to maintain a high state of diligence. It will be coverage of the inauguration at 10 00 a. M. Eastern. Caroline coming up, the chipmaker in the crosshairs. We break down the case against qualcomm as the fight over licensing heads to the court. . D will snap open up the secrecy under the spotlight, and affairs to go public. In the tangled web, Succession Plan with several companies in total disarray. Colonel charges from j wiley. And first to the lead, a bloomberg skip, u. S. Regulators filing against qualcomm for using unfair practices. Digging into the details, the federal trade Commission Said they force apple to exclusively use it facetime in return for lowering the rate charged. The World Biggest maker of semiconductors was under investigation by the fcc. A major fine was possible. Swift on the news. Shares tumbling 5. 6 at one point, down 4 , 4 billion wiped off the capitalization. Now we have cory j
Samsung says batteries were to blame for its overheating note 7 fiasco. The company has apologized and promised to tighten battery safety. Sam suns biggest business crisis killed off its flagship device with a cost projected to be 6 billion. Global news 24 hours a day powered by over 2600 journalists and analysts in over 120 countries. Youre watching bloomberg. Thats the check of the markets. We are seeing upward pressure for the regional benchmark, gaining. 3 . Japan is moving around and be composite is up. The shanghai composite up. 3 . This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all the top interviews from this week in tech. Coming up, netflixs crown jewels. The company out with a huge beat this week as new customers flock to their original content grade plus, the chipmaker in the crosshairs. We will break down the case against qualcomm as the fight over licensing heads to court. And why a judge decided not to arrest s