Amazon, microsoft, and starbucks. Lets kick it off now with my exclusive interview with amazon Vice President of alexa devices. She told us that they would not rule out partnerships with major rivals like apple and google if it means improving their voice activated technology. I am focused on trying to reduce friction for customers and drive towards what we call our Customer Experience north star. Really the idea there is that alexa is more humanlike. So, it is conversational. So we can shorten the path from where the customer is starting and where they want to be with less and less work on their part. Emily is alexa be responding with the uhhuhs like in the snl skit . May be. I joke that that is Something Like a human would do. Emily when it comes to understanding human language, whether it is an adult talking or a child talking, or are we there when it comes to how much improvement can be made . We are definitely not there. It is day one, super early stages. We like to say we are on
Power lunch starts right now and welcome to power lunch, im Michelle Carusocabrera despite ges drag, although were watching to see if it goes positive, major averages are hitting record highs again dow, s p 500 on track for their sixth straight week of gains check out some of the movers the Home Builders are higher, the etf that tracks them, itb, trading at a more than tenyear high on pace for its eighth consecutive weekly gain. P mp p g down 8 . Paypal rallying on its earnings beat brian . Thank you very much big day for the markets, big day for the markets really they say everything is bigger in texas including todays power lunch because guess what, were back in houston and with the billion dollar buyer, himself, hanging out with his new toeam, the houston rockets. 2 billion buyer of the rockets. Going to join us for the next couple hours we have great guests we got the mayor on, might get a visit from cp iii and james harden, and the man many consider to be the best Hedge Fund Trade
Hours time, lets get a check on where stocks are trading with taylor riggs. We were having some technical difficulties. Taylor we will blame it on record highs. Lets take a look at the dow of almost 200 points, 20 , a record on the dow on friday was at 23. By 2575, nonetheless of broadbased again. The nasdaq up about. 3 . Lets talk about that. If you things i want to mention. Mazon is not is aup. Apple is rushing that off. Are getting an update from jpmorgan, 1180 is a number were looking at for here. Come into my terminal. Btv 10. You are seeing an uptick here, about. 8 on some of these things. Days ofr five straight the biggest losses weve seen so far this year. A lot of the things are making full recoveries as we head into earnings on thursday. Julia lets move on. Ofs week, no shortage catalysts for investors. Tax reform, President Donald Trump spoke about the impending legislation. President trump tax cuts will restore americas Competitive Edge and lower the crushing tax burden on
Advisory against the carrier setting disturbing incident reported by africanamerican passengers. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. On the alisa parenti. This is bloomberg. Bloomberg technology is next. Emily coming up, apples most advanced handset hits stores next week. What the success of the iphone x could rise in fall on its ambitious key feature. The new facial Recognition Technology set the Gold Standard for the industry . Well explore. Amazon gets a spare key. A new delivery feature that lets couriers income even when there is nobody home. A new price system in the pipeline to better navigate the highs and lows of the u. S. Box office. How Regal Entertainment plans to rip the script on how viewers pay. First, to our lead. Interest continues to grow over the iphone x as the countdown to his november 3 release begins. This is one of the most ambitious devices apple has ever brought to market. The technology posed se
Whether they can deliver that momentum still. The atmosphere is electric at the tokyo motor show as they present their vision of the future. Betty speaking about electric, breaking news on south koreas preliminary thirdquarter numbers. Ier on south korean gdp, up 1. 4 , quarter on quarter. Much bigger than economists had expected at 0. 9 . More than double what we saw in the second quarter. Ofr on year, a healthy rise 3. 6 . That is also above the estimate of our rise or expansion of 3 . Well above what we saw in the prior quarter. Helped likely by the continued export of electronic parts, particularly for smartphones. It is interesting, the markets have continued to rise. Maybe that is adding to Consumer Sentiment in south korea, despite geopolitical tensions with north korea. That is the risk, as always, with south korea. Yvonne have not seen the numbers yet, but 3. 6 is a threeyear high for south korea. We have a chart that says it all. Is the bok going to be the First Asian Bank to