Public. Deciding that the scrutiny directed toward him had become too much of a distraction. The resiliency of facebook, despite the backlash over big tech. I get that. Im not the ideal messenger for this right now. We have work to do to build trust. What does the future hold as we head into 2020 . A special edition of Halftime Report in San Francisco, begins right now. And we welcome you to 1 market we have a great lineup today were going to be joined exclusively in a little while by snowflake chairman and ceo Frank Slootman as he prepares to take the Company Public in the year ahead. Frederick kerrest, the cofounder of okta, that stock up more than 90 this year were joined by Brad Gerstner who helped us take stock of whats happening in the valley throughout the year. Deirdre bosa is with us, covered the ipo and Venture Capital markets closely as anybody its great to have both of you here so brad, interesting year to say the least. Uber, lyft, they go public wework blows up. What do y
Will we had that 2 as we continue to get a trade deal . Time now for global exchange, where we bring you todays market moving news from all around the world. From hong kong to beijing, london and washington, our bloomberg voices are on the ground with todays top stories. In asia, chinese economy is showing signs of stabilization and regaining some kind of growth momentum in november. Chinas Industrial Production and retail sales both meeting estimates. Joining me on the phone is in an. Current is enda curr give me some of the details in the data dump we saw overnight. Enda these clearly signal that the economy is ending the year on a better note. 8 . Il sales climbed Industrial Production rose 6. 2 . Theres some caution around the fixed Asset Investment number, which only grew 5. 2 , but nonetheless, the take away among economists was it showed that the stimulus the government is rolling out is having some traction. There were some seasonal effects as well. But when you have a trade ag
Retail earnings over the next couple of days. Thirdquarter earnings better than estimated at 1. 13. They see their fullyear adjusted earnings raised from what they saw before on the 5. 91. D, looking at. It looks like on first blush, a beat and a raise for the rest. Global exchange for the rest of the year. Time now for global exchange, where we bring you the news from all around the world. Our bloomberg voices are underground with the latest. China and the u. S. Agreed to stay in touch on remaining issues to get to a phase i trade deal after a phone call earlier, in which topic a shooters top negotiators from both sides discussed core concerns. They agreed to maintain communication on the remaining issues for the first phase of negotiations. Enda curran joins me from hong kong. It is a long, convoluted way of saying they are still just talking . Is all about the mood music. It is another day of incremental news that seems to bes adjusting that governments are on track for some kind of
With beijing and washington talks. We are waiting for had for that. The hang seng raising some of the losses we have seen. Mckay up three quarters of 1 . Asx, which has had a rough time of it. Up 6 10 of 1 . A bad day for manila. David yesterday, we were down 1 that is standing on the screens. Rishaad lets have a look at some of the other asset classes. This is a position we have had. Nickel has had a torrid time should it has entered a bear market. 20 down since the beginning part of september. Prices may snap back next year if the conditions start to reemerge. A bit of a loose side of things that has driven things downward. Investors have continued to grapple with the uncertainty of trade. Lets have a look at what is going with the australian dollar. Just up a fraction at the moment. We had the commonwealth of australias pi numbers. Inwed manufacturing contractor he services. Picture,t the crude . 25 toks at 20 the barrel. The 10 year yield on the japanese bonds. The are yielding eig
Kind of an ugly day, dow shed 113. The nasdaq declined 0. 15 i wont hammer you on the trade talks but highlight an opportunity that works regardless of how things play out with china for all we know the trade tussle could be with us for ages. I dont want you missing out on amazing opportunities that we see out here that arent bound by the narrow confines of the prc versus the United States so let me lay it all out for you. Thousands of companies are in trouble right now because they dont know how to deal with technology they dont understand the sales force or cybersecurity or pagerdutys always on mentality. If you want to compete having the right tech gives you an enormous edge. Thats the thesis that bind so many of them thats why target i think reported a blowout quarter, not just this morning and by the way a lot was Brian Cornell knowing how to use technology and kohls reported a hideous shortfall yesterday. Target has the right kind of tech kohls hasnt spent enough on it more later