Today. It seems a guy quietly, but here we are at these record levels. The dow and the s p are there. The nasdaq is the outperform her, but it is not at a record. It does not take much for the dollar and the s p to get to record status. Today, tack is driving the indices. You can see that the nasdaq outperformance today, and also by the fact the S P Information Technology index is at its highest in about 15, 16 years. Microsoft is helping lead the gains thereafter earnings Beat Estimates on the strength of its cloud business. The company, like many legacy tech firms, has been trying to migrate in that direction. Ciscos chain at its highest and him us a decade, and facebook is also trading higher and at a record as well today. A lot of records to go around. It is not just limited to, sort of, software and social media. We are seeing gains in chipmakers as well. Intel reports after the close of trading. Mermel technology reported after the close yesterday and Beat Estimates. Micron is ge
Were comments made by the mayor of london, Boris Johnson we will have to interrupt you. President obama and british Prime Minister David Cameron David Cameron live from london. Barack has been president more than seven years. I have been Prime Minister nearly 60 years. Our countries have been working together through some of the most troubled global times. We faced the aftermath of the banking crisis, they need to create jobs and our economies, new threats to our security from russia to the rise of islamist terrorists. And huge global challenges like climate change. Through it all, the partnership between the nations has never been more important. When 70 years ago last month Winston Churchill first described the special relationship, it was not merely an expression of friendship, it was a way of working together. It was about Kindred Spirits who share the same values and so often the same approaches to the many issues we face. Ist as our predecessors, it true for barak and me, whether
And president obama and netanyahu clashing over Irans Nuclear ambitions ahead of netanyahus highly criticized speech happening today to congress. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone im seema mody live from barcelona and its all about the survival of the fittest. We have coming up on the show ceo of blackberry, john chen talking about how he plans to keep the Company Relevant as it shifts focus from hardware to software. Plus the cofounder of htc joining me in around 30 minutes to talk about the latest Flagship Smartphone and the move into Virtual Reality hardware. Where will the next google or facebook come from . Europe . Ill be getting more from phillipe. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everybody. Officially good morning. Welcome to two hours we have together. We have a lot going on. We do indeed. Good to be back on the show. Lots of coverage coming. Were manning the f
Session today. Manile sectors are down today. Technology has been the highlight. Biotech once again. The very volatile Biotech Sector starting to move lower again today. We have a lot to cover over the next couple of hours. We also have a lot coming up. Were just hours away from teslas battery announcement. The stock pulling back in todays trade along with the rest of the session. Should you be buying before tonights big event. If you think movies like furious 7 are the only movie makers for i max, think again. The ceo will join us to give you the details on unexpected blockbusters and the country thats bringing in more Box Office Revenue than the u. S. Any guesses . Imax finally has movies people want to watch other a lot of movies look really good in imax. Kelly never backs down from a fight. I can vouch for that. Shell go toetotoe with the man himself, manny pacqaoi, ahead of this weekends big event in vegas. You tower over him. You could take him. I definitely could not take him. I
U. S. But europe playing catch up to yesterdays rally. The gains over there, about 1 . Pmis looked pretty good too. Oil settling back after rising 9 of the past 11 days. Tip years around 1. 91. The first rate hike shouldnt come until the second half of next year. The deal in delivery space. Fedex buying tnt express for 4. 8 billion. Thats a deal that u. P. S. Failed at just two years ago. We do have the ceo of fedex coming up in a couple of minutes. Speaking of deals, also the largest lbo of the year informatica taken private, 5. 3 billion. Samsung sees profits plunging 30 but still better than what the street was expecting, as apple ramps up the release of the apple watch coming in the next few weeks. First up fedex make ago move to boost its presence in europe. The company agreeing to acquire dutch Package Delivery firm tnt express for 4. 8. The deal comes two years after u. P. S. attempt was blocked by european regulators. Well talk with fedex chairman and ceo fred smith this hour.