David she started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has enormous influence at that company and has done a terrific job of making certain their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would really like her to be secretary of treasury. She would be a terrific candidate for the position. David so during this period of time, google has done quite well and alphabet has done well. Your stock is a more than 20 this year and i should say, from the time you became cfo, the stock is up over 200 and market cap is up over 200 . They have done quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 period of time more than ever before or are people not sp
Women in the Business World is ruth porat. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now the cfo of alphabet. In that role, she has enormous influence at that company and has done a terrific job of making certain their Balance Sheet works well and that they are much better organized in the financial sense. I have no doubt she will be a power at alphabet for some time unless the next president of the United States says i would , really like her to be secretary of treasury. She would be a terrific candidate for the position. So during this period of time, google has done quite well and alphabet has done well. Your stock is up more than 20 this year and i should say, from the time you became cfo, the stock is up over 200 and market cap is up over 200 . They have done quite well under your leadership. But i am curious, are more people looking at doing searches now during this covid19 period of time more tha
Was up 41. The dow is up 43. It had been up 331, if that tells you anything. We have this developing news. President trump about to possibly address the media ahead of his trip to North Carolina where hes expected to lay out his vision for health care if he is elected to a second term. We are going to take you live to the white house as soon as we get the tape if he does stop to speak to the press. It all comes as a new wrinkle develops in oryacleorac deal to take over the popular chineseowned video app tiktok. Breaking news in just the last hour. A federal judge has just inserted himself into this battle. The deadline to ban tiktok, this is the extended one, supposed to be sunday night. But now all bets are off. Republican senator roger wicker of mississippi, he did not like this plan to have oryacle take Partnership Structure with tiktok. He sent a letter to the president along with several of his republican colleagues saying outright they oppose the deal as it currently looks. We wi
In the morning and know that 30 million americans want to know the state of your health that day . [laughter] david ruth porat started as an investment banker at Morgan Stanley then was recruited away to be this cfo of google, now the cfo of alphabet. She has enormous influence at that company and has done a tremendous job at making sure their Balance Sheet she will be a power at alphabet for quite some time unless the next president of the United States says he wants her to be the secretary of the treasury. Google has done quite well. Your stock is up i more than 20 and i should say from the time that you became cfo, the stock is up over 200 . It has done quite well under your leadership, but i am curious, are more people doing searches now than ever before or are people not spending as much time . Ruth people are spending a lot of time searching. We have trillions of searches every year precovid, post covid. It is the nature of searching. Crisis, people shifted to searching for infor
Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the markets to see what else we were expecting. A lot of central bank action. At these newg zealand assets right now. We a