Barrier. Softbank is said to be planning deep cuts at the vision fund which could affect 10 global staff, souring bets on tech are takingke their toll. Haidi a mixed start to a politically driven status when it comes to the markets today as we get that precedent being set with that security bill as well as greater considerations over what kind of reopening and second wave issues we are seeing across the rest of the regions. We are seeing new zealand markets starting off the day with tepid gains. The session looks a little bit more muted for the rest of asia. We are seeing japanese futures as well as Australian Futures pointed a little bit higher. Those in hong kong seeing retreats. The npc is being i to be passing the Hong Kong Security eyed to be passing that Hong Kong Security bill. The u. S. Sees 100,000 deaths. We are watching the oil story, seeing whether this pause in the rally will continue given concerns about renewed production out of the likes of russia. Shery to our top stor
Threat it imposes to the United States. Held at the conservative conference in National Harbor maryland which is right outside of washington, d. C. The United States and china are involved in a cold tech war. The winner dominates the 21st century. A decade ago, beijing was not considered a tech contender, but now it is a leader. The United States is behind in critical areas. Today we will talk about big data, ai, 5 g and chinas big challenge to the world. Congressman rogers, many people say that there needs to be a whole society mobilization on tech. The question is, is it that serious . Do we need to do this . We absolutely need to win the future and winning the future future means winning this race. This race with china right now, we need to approach at the same white Ronald Reagan did when we beat the ussr. Free market and with a Strong National defense. It is all related. You have to be a military power. You have to be an economic power. Winning this race is critical to our future
In the United States and china are involved in a cold tech war and the winner dominates the 21st century. A decade ago beijing was not considered a contender but now it is a leader. The United States is behind in critical areas. Today we will talk about big data, ai, 5g and chinas challenge to the world. Congressman Cathy Mcmorris rodgers many people say there needs to be a whole of society mobilization on tax. The question is, isnt that serious . Do we need to do this . We absolutely need to win the future and winning the future means winning this race, this race with china right now. I would submit that we need to approach it the same way Ronald Reagan did when we seize the ussr and that is what with free markets and a Strong National defense. It is all related. In order for us to be a diplomatic power we have to be a military power and the military power you have to be an economic power so winning this race is critical to our future and to American Leadership and freedom loving peop
Ng this race with china right now i would submit what Ronald Reagan did when we beat the ussr with free markets and a Strong National defense because it is all related. In order for us to be a diplomatic to be military powerr and economic power so winning this race is critical to our future and American Leadership and freedom loving people all over the world. People talk a whole of society and mobilization of the question is who will be involved of course but what is the proper role of government versus private sector . We are talking about socialism in one a socialist response but where do we divide the line with private sector . Right now we haveob the left from taking an entire takeover of our economy looking at the polls and the Green New Deal and medicare for all. What we need is the approach donald trump is taking that he laid out in american approach laying out the principles around freedom and individual rights and liberties and to layout the principles that encourage the innov
Intelligence. The asset arm is planning to invest in Machine Learning hedge funds. Tesla shares are climbing in after hours trading. Looking at the largest gain this year after they set a new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. This is all due to accelerated shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an internal memo last week that the company was close to setting an alltime record, urging them to go all out in the last few days of june. Joining me to discuss is bloombergs max chafkin in san francisco. Onset, craig trudell. From my perspective, it seems like across the board. Are we finally in the all clear . Max on the model three side, this quarter was a blowout quarter and i think exceeds everyones expectations. He sort of had this up and down quarter where we had a trough of everyone getting