Nasdaq up 151 points and looking to open about 31 points higher it has been a wild ride for investors all week the dow and s p are down over 2 the last three trading sessions the s p on pace for its worst twoweek performance the nasdaq has been a big mover. A lot to chew on after a tough week true, andrew. Tough in that it had been up so much we sort of glossed over september 11 19 years when you say it, dont you say, oh, my god, september 11 for you, it is about half your life for me, about a third of my life it went really quickly 19 years i remember so well mark hanes and Everything Else that happened. Year after year, constantly on september 11, it is amazing how quickly time goes. Since last year, weve seen our share of tragedy as well up until this pandemic, well see how history looks at all of this i would argue that 9 11 was the most consequential thing that happened in the past 50 years, maybe 100 years with security and how we live. You can define the world in many ways by th
That ubers expiration has taken place, they are trying to improve the Operational Performance and have been given profitability. You provide all of these things up inis is a good set terms of investors new point on the stock. You look at the Shareholder Base right now, you do not see a lot of longterm shareholders. Softbank and encz mark, benchmark is unlikely to be a longterm shareholder, they were an early investor. I think that these are all is on theand the onus company to execute and show Operational Performance. Guy on the positive and negative side of the lot of the ledger, what did kalanick bring . Mandeep he really started this company and was aggressive in terms of taking the uber brand global, and that is what helped uber expand so aggressively both on the ridesharing and the ancillary businesses, but i think they are at a point where the brand is known to everybody. Improving thet reputation. The cultural damage that took place when travis was running the Company Needs to g
Missiledefense system, China Threatens to court hurt corporate korea. Welcome to Bloomberg Markets middle east. Shery ahn joins us. Yes out of a very windy and chilly day. Out of are seeing is south korean headlines. That is the reason i am here. We have a thing called the trial of the century. Into court today. We also have the impeachment motion decision for the constitutional courts coming in tomorrow. North korean tensions are all around. That is being tested this week. Take a look at the korea won that is taking a hit because of everything that is happening. We are seeing this losing. Have moreling that pressure. The japanese yen is also weakening, we are also seeing the decline. The is still giving this topic boost. All of this happening across asia. It has been a big few hours before crude oil. It is up five. 6 . We got that data rum the eia. For show a another record their inventory. 11 out of 12 games for the week so far. Look at the chart i put together for you. We are lookin
York stock exchange. Hi, sue. Hi, ty. Were going to start with jobs in america on the eve of the jobs report. Jobless claims up 14,000 last week to a seasonally adjusted 344,000, higher than expected. The challenger report said job cut announcements were up 17 in april. But then the institute for supply managements Employment Index rose. So bob pisani is joining me right here on the floor of the new york stock exchange. Were near alltime highs on the Dow Jones Industrial average, just about to turn positive again. First, though, to senior economics reporter Steve Liesman on the jobs. Stevie, over to you. Hey, sue, thanks. Most economists out there are pretty optimistic about the friday jobs report. Well get to the forecast in just a second. Want to sew you that ism april manufacturing component that you just talked about. You can see that little winter swoon and popping back up in april. Not back to the best levels of later last year, but certainly ticking up at a good sign for manufac
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