Celebrities like lynn arctic caprio and Kim Kardashian. Newly Public Companies newly Public Tech Companies roaring out of the gate. Frog closing j with huge gains and ceos join us. President trump is expected to give a press conference any moment at the white house and we will bring you headlines from that event. News tumbling out by the minute with oracles bid for tiktok. Moments ago bloomberg learned the following about the terms of the deal. That oracle would happen all of tiktoks u. S. User data in this scenario and oversee all of tiktoks u. S. Technical operations. Oracle would be able to check source code to prevent backdoors. Tiktoks u. S. Board would be approved by the u. S. Government and oracle would create, they say, 20,000 new jobs through tiktok operations. Joining us to talk about how it has impacted markets, we have bloombergs sarah ponczek. Lets start with the fed decision and how it rippled across the markets today . Sarah we have a lot of moving parts but when it come
Some ople asking if amazon is a monopoly. The question for the democracy is, are we okay with one company essentially winning capitali . How do you and jeff think about the call to break you guys up . Simply because the companys beenes suul doesnt mean its somehow too big. Narrator now on frontline. Domination was very much the idea. Narrator amazon empire. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporationor public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. T and Ford Foundation working with visionaries on the frontlines of social change worldwide. Additional support is provided by the abrams foundation, committed to excellence in journalism. The park foundation, dedicated to heighteublic awareness of critical issues. The john and helen glener family trust. Supporting trustworthy journalism that informs
Battle tested. Some people asking if amazon is a monopoly. The question for the widemocracy is, are we okath wione company essentially ingca talism . How do you and jeff think about the call to break yoguys up . Simply because the companys been successful doesnt mean its somehow too bi narrator now on frontline. Domination was very much the idea. Narrator amazon empire. Frontline is madeble by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a re jus verdant and peaceful world. And by the Ford Foundation g workth visionaries on the frontlines of social change worldwide. On addi support is provided by the abrams foundation, committed to excelle journalism. The park foundation, dedicated to heightening Public Awareness of critical issues. H the john aen glessner family trust. Supporting trustworthy journalism that informs
Softbank vision fund. What is going on . Of new reports. And 2019, the year in review. ,he plans for Cryptocurrency Facebook felted all. What is the strategy going into 2020 . First and the top story, shares of micron up after they reported betterthanexpected top and bottom line numbers for their fiscal firstquarter and the forecast strong numbers for the current quarter. Gross margin is something i have been eyeballing all day. They are coming in more than 27 . At the ludlow ed ludlow is here to break down the numbers. What is your key takeaway from this report . Reporter with these numbers, that is the optimism across wall street. The memory chip market will rebound probably at some point in the second half here. When we talk about dynamic random access memory, we are referring to the memory change that goes into computers, pcs. You look at the chart, prices trade like a commodity. They have been trickling as new Technology Comes into the market and capacity comes into the market. Th
System as it ditches ups and fedex. The year that was. We check out how Big Tech Companies apple and facebook fared in 2019 and how each is set up for the new year. We begin with a look at tech in the markets, most notably, semiconductors. We see that chipmakers bottomed out nearly a year ago and have been on a riproaring rally since then. Micron adding to that sentiment, as the Company Reported firstquarter earnings wednesday. Micron impressed wall street with a strong outlook of between 4. 5 4. 8 billion dollars in revenue. Shortly after the Company Reported, i got insight from Wedbush Securities analyst matt bryson, who joined me on the phone after the analyst call. Matt they are seeing tightness in certain areas. Also, they are calling the bottom for memory in general. They think this Current Quarter is going to be the bottom of the cycle. That fits with the tightness in certain areas. And very much parallels the guidance they gave for gross flat margins, which suggests that prices