Tiktok parent byte dance as hopes for a partnership with,el can avert u. S. Sanctions soft Bank Shares Jump as they agree to share to nvidia for 14 billion. The Japanese Investment company is looking to go private japans Ruling Party Leadership race setting him up to take over as Prime Minister placing the countrys longest serving premiere shinzo abe. Thanks for joining us. Let me take you to the European Market but we havent got 6,000 points which is very difficult territory in recent months so the dax chasing almost half of a percent and looking solid. Near 5,000 points last week and holding on to that leadership with another. 7 italian stocks also in the green. We saw last week that these markets would try to hold on to some of the gains despite selling on wall street very serious patches of volatility on the u. S. Markets but european stocks did try to put a little bit of distance between themselves and the market action. Lets take a look at the better performing parts of that mark
We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a significant downgraded by moodys of turkey late last week on friday. The payments crisis is what the Payments Company is talking Credit Company is talking about and we are continuing to see stress in the system surrounding turkey. The lira fairly flat. More, kaylee, about the u. K. More insight on the debate over Boris Johnsons plan to rewrite the brexit debord divorce deal. As the market appropriately pricing and or does it need to reprice in the near future the risk of a no deal brexit . Bhanu
From pfizer and after the aresa zenica coming up, the ceo of caesars will join us exclusively to discuss that partnership and the path forward for vegas plus, shares of Advertising Software Company Trade desk are up more than 50 on the year up more than 200 from the march lows were going to talk to that companys ceo, find out what that move is all about how they managed to outperform and whether the underlying business is looking as strong as the stock. First up though, lets focus on the big stories in this final hour of trade. Mike santoli tracking the Market Action julia is covering new developments in the oracletiktok saga and josh lipton on information on nvidias deal to buy arm holdings start with the come back for tech and the overall market. A pretty broad and strong rally. You have a little psychological boost from that m a. Im not sure it would change anybodys find if you were bullish or bearish coming into the week it is operating under the level where we closed the friday be
On that. Charles, thank you. Whatever the answer, right, the markets are showing extreme optimism as we head into the final hour of trade. New vaccine hopes are adding to the mix and yes, right now, the dow is topping 28,000 by a single point. The nasdaq, back above 11,000. We are at 11,044. The s p is moving higher by 1. 33 after two straight weeks of selling. Oracle says its won its tech battle against microsoft to partner up with the chinese social media superstar tiktok but at this hour, Chinese Media saying yeah, but you didnt win the war. Top tech analyst colin gillis on whether oracle is getting snookered and Charlie Gasparino on those now crying crony capitalism. What does the latest Covid Vaccine progress mean to some of the pandemic stock superstars . The ceo and cofounder of okta is here on whether a return to work will cut into all the business hes done in the lockdown era. And the nfl is back and with it comes an explosion of gambling apps. One of the biggest digital sport
[reading names] reading names] [bell ringing] [reading names] the reading of the names this year. An audio recording with the names of those who died in 2001 with families in the plaza area. Also two moments of silence to observe the fall of the south tower in new york city anticrash of United Airlines flight 93 in shanksville, pennsylvania. A different memorial. We are looking to that final moment of silence on the north tower fell in about 20 minutes time. We do want to give you an update whats making headlines outside the Business World and over the rest of the world. For that we want to give you bloombergs first word news. Thanks, President Trump and joe biden will mark the 19th anniversary of the 9 11 attacks in the same place but not at the same time. The president intends a Memorial Service in shanksville, pennsylvania, for one of the high jacked planes crashed. Biden will go to shanks bill but not until later in the day. Pennsylvania is one of the battleground states. Poll show