Thats a nice beat. Alix this looks pretty good. David therefore, the premarket is down. [laughter] alix maybe it is capex . Like you mention, monetize a bull daily active users beat. Bulloks like monetize a daily activele users beat. David theyve been doing a good job getting more money in the door. They still got a ways to go. 2 3 of the rate of they look like good numbers from twitter. Alix joining us now are evan brown, ubs Asset Management head of macro, and bloombergs paul sweeney. One of the big issues for twitter really focuses on ly activea bull dai users, the people that come back every single day. Thats what advertisers want. Twitter cant really compete on t versus the facebooks versus the facebooks of the world. Thats the kind of metric twitter really taps to advertisers. Ared one thing people looking at is geography. They had really favorable numbers in japan last year. It is expected they will be under the number this year in the u. S. Paul they make so much more money off
An hour and a half. I call this public forum to order. If you would all stand with me for the pledge of allegiance. Allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. If you could silence your cell phones and electronics i would appreciate it. Im going to take the role. Good afternoon, thank you for joining us at the u. S. Election tosistence commission, examine the security challenge Election Administration faced to head of the 2020 president ial election. This little conversation will provide us with a better understanding of ways the commission can help, address a variety of Security Issues, including those that stem from aging Voting Technology. When Congress Passed the help america vote act it established the eac as the only federal entity solely focused on supporting Election Officials and the voters they serve. Part of our charges to be the nations clearinghouse of
The china trade fight is clearly escalated. The president s holding on to a very strong line. Any resolution, it seems to me, pushed down the road. More on that coming up. If you combine the jobs report with the china story, heres how the market opens today. I thought we would be down about 100 points but we are coming back. We are down about 20 points for the dow. That will be 29 minutes from now. Maybe the markets taken the Financial News to mean that the fed can lower rates in the future. 600 points down the last two days, down about nine at the open this morning. The s p down about four, nasdaq down about 44. Tempering the losses. Heres another really big financial story which i dont think gets the right exposure. Interest rates. The tenyear treasury yield all the way down to 1. 88 . Money is pouring into america. Why not . Interest rates in germany today hit a record low. You want interest on a bond, you got to come to america for that and thats exactly whats happening. What a day
Is a Major Trading partner of china where purchases have slowed and a trade war with the u. S. Is taking its toll. Still the move caught investors off guard sending the new Zealand Dollar falling 2 percent. South koreas central bank has meanwhile said it stands ready to cut rates if needed. Cutting Interest Rates makes money cheaper to borrow ideally sending more of it circulating through the economy and boosting stagnant markets. But some analysts worry that cutting rates now to curb a slowdown leave Central Banks too little space to act in the event of a real economic crisis. But nations here want to get ahead of the next recession and theyre following the lead of other Central Banks most notably the federal reserve. Looming over everything is that trade war between the us and china a conflict shows little signs of abating. Despite that trade war the us china and dozens of the nations have signed a land mediation treaty in singapore the treaty allows parties involved in International
Good afternoon. The subcommittee will come to order. Without objection the chair is authorized to declare recesses of the committee at any time. We welcome everyone to the second of our series of hearings investigating competition in the Digital Markets. This one on innovation and entrepreneurship. I now recognize myself for an opening statement. 30 years ago the First Software for the worldwide member was released into the Public Domain to create a Global Communications network. Within a few years, search and browsing services were built onto this software to give people tools to communicate, share, and explore information through decentralized platform that was designed to be open and nondiscriminatory. An internet pioneer and codesigner of the internets early architecture testified in 2006 on behalf of google that the overarches principle of the open internet was no central gatekeeper should exert control over the internet. As he noted this open and competitive environment meant ent