Good morning. Welcome to the subcommittee on communication and technologies. Well, good morning, everyone. And welcome to the subcommittee on communication and technologies hearing on accountability and oversight of the federal communications commission. I am glad to welcome our witnesses back before the subcommittee. I know it has been serve months since we had you before us and i know that you have all missed the warm welcoming atmosphere of our hearing room. But despite that passage of time, many issues that were of concern to us then still remain unresolved today. For example, i asked about the investigation into phone carriers selling the realtime location of nearly every american. Mr. Chairman, you told me that even after more than a year had passed, we still couldnt tell whether this practice had stopped. Couldnt say whether the impacted individuals had been notified. Couldnt tell us if members of congress and Law Enforcement had their locations sold or tracked. In june of this
Welcome to squawk alley. Im Carl Quintanilla Morgan Brennan has the morning off. What a morning it is too beginning with major tech earnings four big one, twitter, amazon, alphabet and intel and intels ceo bob swan will sit down with us as we look at potential datacenter recovery, pcs and unbelievable characterization of what china was like last quarter. Yeah, surprising mix, the pull in from people freaked out about tariffs actually had some benefit, sounds like, for the pc business, of course, there were some problems there as well but interesting stock action this morning. Intel actually a bit in the red this morning it had been up as much as 4 , i believe, at the open and near there. Up kit a bit afterhours and amd higher than intel which is an interesting dynamic that ill want to dig into but, you know, beyond just intel, you have lots of different earnings story, people surprised. Google, alphabet had been in the doghouse compared to peers and a lot of people got surprised by the
Of cool down in the upper 40s right now. Later on today, we are going to see some of those low 80s for the first time. This forecast, but certainly not the last day of seeing them. Ill get some more details as we go. All right, john, thank you for that. Well, as get yearold on wednesday morning, if youre making your way. Into the city right now, not seeing major delays. Traffic is starting to build just a little bit. 11 minutes traveling into the city right to that fremont street exit san mateo bridge just s 14, accidents or hazards to start. Richmond center fell bridge around 8 minutes. Golden gate bridge just short of 20 check your highways are seeing a lot of greenville highway for a long, 80 as youre traveling reveal. Things are starting to pick up just a little bit. There are days back to a hundreds of students gathering there at sproul plaza at u c berkeley calling for an end to the war. In the middle east, this big demonstration as israeli troops seized the palestinian side of t
Seeing broadbased gains here. The cac 40 in france up 4 10 of a percent. The dax in the green as well. The ftse 100 up higher by 6 10 of a percent. Italys ftse underperforming slightly. It is pretty much flat. Overall you are seeing a lot of green on the screen. Assetshave a look across at how this is shaking out. A lot of green with the equity space. Space, we were seeing dollar weakness earlier, but it has recouped some of those losses. What that means is that sterling is on the back foot having gained earlier. The euro has also given up some of the games from earlier, trading flat at 12288. It has not moved much despite the fact that mario draghi have been speaking before the european parliament, answering questions as well. He did say that the fx market did warned some attention, but overall he has been treading a neutral stance when it comes to growth and inflation in the eurozone. Lowerlds generally move in italy outperforming more than the corporate in the metal space more than
Economy. At 9 00, mario draghi speaks to the European Parliament. At 10 00, will get the data for new home sales. Alix we will take you through the top three stories. Xi forever. Also we have a bond bear, bond cold situation. Morgan stanley says by. David to go over it all, we are joined by lisa abramowicz. Xiant to go into thisx forever. The committee announced that it proposed that is limited the president to two terms. This is in vance of a parliament meeting. This is in advance of a parliament meeting. That is growth not that growth of gdp but the rate of growth of gdp. Blue line is the shanghai composite. That is level. He hasnt done to better job. Lisa they love him and he is trying to cement his putin like status. He is in a second fiveyear term. He is in his mid60s. There are a lot of questions. He has a heart attack ahead of him last month a lot of he has a heart attack ahead of them right now. Stocks and bonds in china are rallying because of Political Uncertainty is viewed a