Up 67 from its march low after what was a run the new high. You have sales force, youve got apple, microsoft some of the tech titans all under pressure thank you very much i like the fnew angle on the house. We have the market angles as well rick is looking at the bond market where its rebounding bob, lets start with you. Remember, we could go either way right now. Remember yesterday look at the s p. Around 11 00 we bottomed what we have is a good example of of shooting the last eight trading sessions for tesla, 400 eight days ago it goaes to 500 and back to 400 thats a complete round trip and overshoot on the downside as i mentioned before same thing with nvidia it was 500 five or six trading sessions ago goes to 580 and back down to 500 and below that. You can overshoot on the downside theres the s p there. You tend to overshoot on the downside as for the megacaps, a little perspective of whats going on its true that microsoft was down 7 to 8 this week its up 33 for the year this is
Continuing to be all about tech. Surging since the best monthly performance since 2000 u. S. Equity futures, youll see at this point you are looking at some green arrows across the board. Nasdaq indicated up. Dow is up, so is the s p 500 well talk about zoom. It is those Technology Stocks leading the way. Looking here to date, they are up more than expected. Looking at the treasury market, it looks like the 10year is yielding around the same amount of 0. 726 . Zoom, huge news. Right now, top single stock of the day is zoom the stock is on fire that may be the least impressive thing. Jumped over 300 year over year. Free cash flow up 2,000 year over year. New customer subscriptions delivered 81 of the Revenue Growth and less customer churn than expected. Kelly will join us to dig through the quarter at 8 30 eastern time stock up 80 right now how would you like to be in a business where your Free Cash Flow was up 2,000 it sounds like a kids lemonade stand. Thats what has happened to zoom
Many of you know doctor parry was the nineteenth secretary of defense in the clinton administration, a world renowned expert on us foreign policy, National Security, defense policy, arms control and long and distinguished history at stanford. A senior fellow at fsi and the Hoover Institution and codirector of National Security cooperation from 19881993 and bachelors and masters degrees in mathematics at stanford which is impressive to me because i didnt get through as a graduate student. Michael and barbara, Professor Emeritus at stanford, great to reconnect with you, and we also are thrilled to have doctor parrys coauthor here, tom z. Collina. He has 30 years of washington dc experience in nonproliferation issues and senior position at the arms Patrol Association and institute for science and interNational Security. And nuclear testing, with the new start treaty and a degree in International Relations from cornell but we wont hold that against you. I am pleased to introduce my colleag
Thanks for joining us today. I am tom called, director of the center for International Security and cooperation at stanford and am also a senior fellow at the institute for International Studies at stanford and we are honored to have William Perry and tom collina to discusstheir brandnew book. You can see the title on the slide at your screen. The button the new Nuclear Arms Race and president ial power which puts readers at the front row and offers policy descriptions for a safer future. As many know doctor perry served as the 19th us secretary of defense in the Clinton Administration and is a worldrenowned expert on national security, defense policy, arms control and has a long history here at stanford. He is a senior fellow at fsi and the Hoover Institution and was codirector of fsis center for International Security and cooperation from 1988 to 93 and completed his bachelors and masters degree at stanford which is impressive to me because i didnt get into stanford as an undergradua
What is affecting the markets, especially when it comes to economic concerns. Lets see how markets are shaping up for the asian session. We are joined from hong kong. Isshery, the spreading japan off for the long weekend, which was to mark the start of the tokyo olympics. We are seeing futures for asia pointing to losses. We will be watching to see if those concerns around the u. S. Tech rally will weigh in the region, what the nasdaq looking bubbly. We are also looking to the aussie dollar, holding declines below 71. Is trading atlar the highest level since april 2019 throughout this choppy week. Pulling up the terminal, the asiana is tracking towards 77 after a four month decline, but it has not been able to track to that level yet. Increased option activity this week could lead the way for more gains for this currency pair. In hong kong dollar and offshore yuan options. Yuane seeing offshore taking a breather after a twoday advance. Traders dont seem to be expecting too much Materia