9 after reporting yesterday afternoon. Lets take a dive deeper into snaps quarter stifels john eggbert and Lloyd Wamsley of Deutsche Bank joins us now gentlemen, you both have buys on this stock, and there was interesting commentary from snap about how theyre expecting lower user growth in the Third Quarter, and theyre also anticipating there will be significant revenue headwinds, even though the first 19 days of the quarter they showed 32 Revenue Growth so jon, tell me, why are you so bullish . Well, im bullish because of the longterm story. And i think that the underlying trends are still intact. On the short term, it sounds like the Third Quarter will have some complications were not exactly sure how much sports well have. Back to school may be limited in parts of the country feature films wont be launching like they normally do, and those are big areas of brand advertising spend that snap and other Digital Media players benefit from in the short term but in the long term, the direc
Subcommittee and communities and technology will not come to order. The chair recognizes himself for five minutes for an Opening Statement. Good morning and welcome to the subcommittee on communications and technology legislative hearing on legislating to secure americas a wireless future. Today, the subcommittee will consider a number of legislative proposals that address challenges from Spectrum Management to securing our nations team of communications destruction. The proposals before the committee today are h. R. 40 for 62 and the study of how to harness the act over the share act which i introduced with my friend Ranking Member latta. This will require and cia with strategy and advanced technology such as Artificial Intelligence and how frequency coordination and environmental sensing to facilitate more spectrum sharing induced by the federal government. They also require the fcc of the feasible of the existing technologies by the spectrum bench. It was necessary for every more ef
Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This has been the thing we started watching so closely yesterday. You did see an inversion of the yield curve with the ten year yield challenging the 2 year yield. Right nowits slightly above the 2year as it should be at least. That inverted slightly yesterday late in the session. Right now 10year is yielding 1. 581 the two year is yielding 1. 561 . Were getting close on that again. That and maybe this as well investors suffering a bit of whiplash this morning as President Trump changed his messaging o
Congratulations on that. Thank you. You have an incredible story about how you even began to think about this, so tell us about that. Yeah, well, i was adopted, and when i was 35 so 15, 16 years ago i was contacted by my biological parents, who actually had stayed married. And one of the reasons that they contacted me was to give me this medical information. My mother had had Breast Cancer twice, and she found out that it was caused by the brca mutation, which meant that i had a 50 chance of inheriting that mutation. Wow. And so when you heard that, what did you think . What did you do . Well, you know, i knew that it most seriously affected women, and i had a daughter who was two, and that it would be something that potentially she would have to deal with later in life, but i assumed like Silicon Valley people, i was very optimistic. I figured theyd have this bug fixed in the version of humanity 25 years from now, so i didnt really think that much of it at first. But later it became m
Arabia says it will lift its ban on women drive us is not a sign of wanting to reform in this notoriously conservative kingdom. On the European Commission office new proposals to fix the a use migrant crisis but the bloc remains thus divided as africa. Plus well bring you an exclusive report on the fight against al shabaab in somalia civilians are paying a heavy price in the struggle to defeat the jihad ists thats on top of the hardships of first teen years of civil war. And name on code take home as they get champions munich a professor face big spending power resounds among the highly anticipated Champions League clash. Im phil gayle welcome to the program. An overwhelming majority of iraqi kurds have voted in favor of independence from iraq announcing the results of mondays referendum the Kurdish Election Commission said that the vote to secede had been backed by more than ninety two percent of the referendum took place in iraqs autonomous kurdistan region as well as disputed areas