Of the New York Stock Exchange carl and morgan have the morning off. And were going to begin with tech bracing for tariffs now just days away from going into effect on september 1st trade tensions between the u. S. And china not slowing down, as the wall street journal reports that u. S. Prosecutors investigate new allegations of Technology Theft against huawei. Acme capitals heene nada and kevin dilanian, of course, both join us here at post 9 happy preLabor Day Weekend. Good morning. Heenne, you were a protough stance gen china when it comes to ips and other things. When it comes to these tariffs, september 1st, december 15th, are you pro this approach . Does it depend if it gets nearterm results . I think the tariffs are going to do some harm in the nearterm. I think youll see pricing increases in the u. S i think youll see trade tensions worldwide globally. But i think the longer term impact is actually much more detrimental to china than it is to us. Whats happening is Tech Compan
Good afternoon. The subcommittee will come to order. Without objection the chair is authorized to declare recesses of the committee at any time. We welcome everyone to the second of our series of hearings investigating competition in the Digital Markets. This one on innovation and entrepreneurship. I now recognize myself for an opening statement. 30 years ago the First Software for the worldwide member was released into the Public Domain to create a Global Communications network. Within a few years, search and browsing services were built onto this software to give people tools to communicate, share, and explore information through decentralized platform that was designed to be open and nondiscriminatory. An internet pioneer and codesigner of the internets early architecture testified in 2006 on behalf of google that the overarches principle of the open internet was no central gatekeeper should exert control over the internet. As he noted this open and competitive environment meant ent
Lows. Almost 2 3 of the indices loss is boeing. S p 500, nasdaq ening in the red yesterday after hitting record highs. Connell a little bit of a pullback. We look at big names we brought you after the bell are closing out today. Tesla plummeting following big quarterly loss. The stock is down more than 13 1 2 . Lauren look at ford down 8 . Disappointing earnings results. Facebook erasing earlier gains despite a earnings beat. We told you yesterday a rise in daily active users. Connell at the white house the president holding an event celebrating the Administration Commitment to help American Workers. Well bring you headlines at this hour as well. Lauren were waiting with bait the brett with latest earnings from amazon and parent alphabet. Todays panel, adam lashinsky, Fortune Magazine editor. Youre alphabet spouse. Which means your wife works at google. That is exactly right. Lauren hitha herzog, chief research officer. Thanks for joining us, as we await on the results start with you.
To the west coast, where the earth continues to shake in Southern California. We pose this question. This is the precursor to the big one we have all been warned about . Varney company starts right now. Looking, cutting, shooting, scores ashley that was a beautiful goal. The u. S. Winning 2nil, celebrating their fourth world cup victory. By the way, aoc tweeting this. At this point, we shouldnt even be asking for equal pay for the United States Womens National team. We should demand they be paid at least twice as much. There you go. Here is President Trump on the victory. Were [ inaudible ]. We have to see whos taking in what. I dont know what those numbers are. I would like to see that. But again, you have to look at the great stars of the mens soccer, the great stars of the womens soccer. Ashley that is a question, equal pay, lets face it, the womens team so much more successful than the mens team. Do they bring in the money . Susan well, i mean, if you think about it, theyre number
Airstrikes on facilities used by iranianbacked forces in Eastern Syria. S the a correct clash it is a direct clash. Two drones aim at israel launched from yemen. They landed in egypt, injuring six. Iranbacked Houthi Rebels launched those drones. Rockets launched from gaza hit tel aviv, three injured, thousands in bomb shelters. Another tank incursion into gaza. Action on all fronts. And there is movement on the political front too. Look at this, a new poll shows President Bidens Approval Rating among democrats has dropped 11 points in a month. Why in the president s support of us radioreel is popular with the israel is not popular with the left. Not hutch of a bounce for not much of a bounce for stocks, this week was a big tech slaughter e. The dow industrials might open with 157point 17 point game, but look at the nasdaq, thats a nice bounce. Not bad. The two stocks doing well this morning, both in technology, look at em go. Amazon up 6, intel up 2, whats that, 5 up for amazon and 7 u