Counts of the indictment against the menendez. Toy have the opportunity retry the men. The Trump Administration is considering having Mick Mulvaney serve as interim head of the Consumer Financial protection bureau. That is according to people familiar with the matter. Would stepced he down from the post later this month under a federal vacancies law. The president can replace an outgoing director temporarily from another person who has already won senate approval. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti, this is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is bloomberg technology. Coming up, u. S. Tax reform clears a big hurdle as the house passes its version of the bill. We will discuss what comes next and what it means for tech from big caps the startups. Plus, inside googles fake news fight. How they are combating the rise of fake stories during breaking news. And, what
Investors, waiting, chomping at the bit after the feds announcement on Interest Rates a little later. An Interest Rate hike is forecast. 2018 the expectation for and 2019 that will be in focus. The bloomberg dollar index, in the wake of the Alabama Senate election, falling today. Down by about 0. 2 . Crude rising ahead of key stockpile data. Marketsp, we will talk with christian nolting. With lapos elkann and Dennis Gartman. Sebastian the European Union againsted the u. K. Rollback on the agreement they have made last week. Michel barnier says britain cannot try to unpick the deals they made on friday. Still, europes leaders are planning to hand the u. K. A carrot for future relations. Former french president Francois Hollande says hes is a possibility for britain to strike a trade deal, but speaking exclusively to manus cranny, he cautioned that there are certain red lines. Eresident hollande a trad agreement is always possible, but it needs to be clear that it cant happen at any cost
Highs on the s p 500. We do not want to count that out just yet. Made one 2575 level we friday. The nasdaq up more than 2 , the nasdaq 100 up almost 3 . Amazon, microsoft, facebook, google, apple all the names we know that are driving it higher. Lets dig into a few of these. I want to focus on microsoft and amazon. Microsoft serving to a record after a quarter beat on revenue. Dumping jumping by doubledigit. About the pivot to Cloud Computing and ai. Similar with amazon. Doubledigit revenue, 34 in this quarter. A smooth transition with that whole foods business. Like scarlet said, going into some of the pharmaceuticals, getting a license there in 12 states. We are watching that. Lets put this into perspective here. We have been talking a lot about techech sectors sectors outperformance. It is outperforming by about 15 here next to the number two, the health care index. Spreads there are certainly widening today as the Health Care Sector is down again, and the tech sector higher and hig
An official ceasefire had not been declared. Theions continue between kurdistan region and baghdad as the kurds held an independence referendum last month. In the u. K. , more reaction to the harassment revelations about u. S. A movie mogul harvey weinstein. Prime minister theresa may urged harassed employees to come forward after a report that women in parliament had set up a whats at group to discuss their experience a Whatsapp Group to discuss their interactions with male politicians. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Abigail live from bloomberg World Headquarters in new york, im Abigail Doolittle i am Abigail Doolittle. Scarlet i am scarlet fu. And i am joe weisenthal. Julia chatterley is off today. The question is whatd you miss . Shares amtech sore for amazon and out that. Shares in tech soar for amazon and ill bet. Dissolves the Catalan Parliament and calls for Regiona
Technology investors with these kinds of gains after stellar earnings last night . It was unbelievable. Weve got a story on that coming up in just a moment here. You guys had your hands full. It was a rollicking hour, i hear it was. Meantime, a rollicking deal through the health care space. Cvs is pursuing a major deal to buy aetna and former aetna ceo john rowe will join us in a cnbc exclusive to discuss what that bid could mean. What a fascinating story that is cant wait to talk to john about is. Also look at oil today, trading higher, brent is back to 60 a barrel and wti is at an eightmonth high however, chevron is falling. Whats behind the move and whether this is a buying opportunity or not well talk about that coming up in a little bit later. Is pretty sharp moves in oil today. Lets go back to the big rally in tech stocks, thanks to strong earnings from a trio of tech giants. Deirdre bosa is all over amazons results for us. Josh lipton covering alphabet. Jon fortt is covering mic