The tech involving giant concrete blocks. Well talk to the ceo. Slow downfies chinas amidst a trade war with sales surpassing expectations. First to our top story fresh off offaking waves tfor cutting cloudrt to 8chan flare has vowed to go public. They called the use of its network by 8 chan a risk factor. Gunmanis where a posted messages before the attack in el paso and new zealand. It also included daily storm after the deadly 2017 protests in charlottesville. Critics say in both cases it should have happened sooner. Liana baker is in new york. Also there, cybersecurity reporter will. Walk us through the highlights of cloudflares filing. Like many other tech ipo s, especially in software, it is not profitable. It has a pretty good growth rate, the. Though. Its really trying to look at its competitor that went public earlier this year and is doing ok. There has been some sources of mine who were asking me why cloudflare took this long to get theirs point, ahd nd have filing . They had
About synergies and the road ahead. Chinese Online Retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. It was a big week for tech ideas with fleet work and cloudflare filing to go public. Cloudflare has been in the news given its relationship with hm 8chan. Three alleged gunman posted manifestoes on 8chan before three mass shootings. Cloudflare stop providing services after el paso, texas, largely take the platform offline taking the platform offline. So is now the time to go public . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate , it is really trying to look at competitors. Fastly went public earlier this year and is doing ok. There have been some sources who were asking me why cloudflare took this long to get this point. They had been preparing since the fall of last year for a public offering. Emily cloudflare is a name we of the companies that will go public soon. Tell us exactly
About synergies and the road ahead. And chinese online retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. It was a big week for tech ideas with fleet work and cloudflare filing to go public. Cloudflare has been in the news given its relationship with 8chan. Three alleged gunman posted manifestoes on 8chan before three mass shootings. Cloudflare stop providing services after el paso, texas, largely taking the platform offline. So is now the time to go public . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate, it is really trying to look at competitors. Fastly went public earlier this year and is doing ok. There have been some sources who were asking me why cloudflare took this long to get this point. They had been preparing since the fall of last year for a public offering. Emily cloudflare is a name we have heard of the companies that will go public soon. Tell us exactly what cloudflar
The Halftime Report with scott wapner starts right now. Welcome, good to have you with us on this friday, our Investment Committee at the desk today, josh brown, stephanie link, jim lebenthal, the chief Investment Officer at Boston Private Wealth is here, liz young is bny melons director of market strategy, anastasia from Jpmorgan Private Bank and lets begin with the broadcom story. Its one heck of a buzz kill today. Price targets cut across the board, lots of stocks in that space are down shortly, not jus broadcom, amd, lam research, micron, you pick it in the chips and its getting hit pretty hard the chips have two things working against them the first is theyre like one of the last true global cyclical sectors that exists that have any real market cap and any real size so you see a lot of people express their views about the Global Economy in those equities and obviously, the tariffs are an issue because of how much cross border work needs to be done in order for chips to be manufac
Because the fed has spoken, and the fed did its best to do exactly what most people want except for the bears. Hence the rally with the dow gaining 113 points, s p gaining 0. 84 , nasdaq advancing 0. 74 . You may have heard a ton of verbiage today about what the fed or didnt do. It kept in the word gradual when it talked about future rate hikes, took out the word only, forecasting two more hikes making three for the year which is not surprising. In short, the fed basically did exactly what they said they would do, and without a surprise, the market soared. Hallelujah. So why does the market rally on a nonnews event . If an tornado entity like the fed simply does what people expect, why the heck is that greeted as positive by both the stock market and in some ways more important the bond market where Interest Rates went down, down hard . Nah, thats the wrong way to look at it, people. What happened today is the fed didnt surprise anyone. There was a fear that the fed could say it needs