Autonomous systems within the next two years. Ms. Hicks spoke about the program and other emerging technologies in defense at a National Defense Industrial Association conference in washington, dc. [applause] ha thank you. The job of the deputy secretary of defense is widely known to be one of the most difficult in government. It is, after all, the chief operating officer for largest employer in the world. Beginning her Government Service as a president ial management intern and spending time both in and out of government, doctor Kathleen Hicks was quite familiar with the demands of the job before she was sworn in and she was well prepared to take the my. Just prior to her current position, she was the Senior Vice President , Henry Kissinger chair and director of International Security at csi. At least her current title is a little shorter than that. She was sworn in as the 35th deputy secretary of defense february 9, 2021. I think it is interesting that the title of her dissertation a
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Clawing back. And nvidia is bouncing after lossing 13 last week. Theres the stock up nearly 5 right now. Meta, microsoft, alphabet all higher as well as we enter the final stretch. The first of the megacap names to report. Yields are steady. Thats been the case of late. Looking at the ten year, 4. 62. The pce report coming on friday and thats looming especially large given the backup in Interest Rates. It takes us to our talk of the tape. Where is the next move for psps stocks likely to be after the end of the week. Lets ask gabrielle santos. What do you think about this week, last week was rough. Do you think the worse is behind us . I think there are two separate things going on. The first was the initial macro driven correction we saw in stocks that affected a multitude of sectors related to Interest Rate volatility related to inflation, expectations overshooting. Related to the move higher in oil and the dollar. I think early signs that that one has run its course if you look at fe
Enterprise and cloud business. Take a listen to his first public message. Software is still a very valuable, malleable research to create it as experiences and i think that is where we will be focused on. Think about how everything we do will be digitally mediated. That means that experiences such as online meetings or how i connect and communicate with my friends and family or how i view entertainment will all be changed by software. Those are the places where microsoft is squarely focused in bringing our innovation. In addition to nadella taking the top job, bill gates has stepped down. Gates will remain very involved as a technology advisor. We have a roundtable to discuss now. Michael pim joins us via skype from seattle. Joining us from l. A. And our editor at large, cory johnson joining me. What do you think about what you heard from Satya Nadella and that address . I think he is right. I think in a number of these markets. In a number of cases, i think microsoft is its own worst