Pretty hot space survey monkey is in this space as well being able to collect data not just from the world at large, but customers, btoc, part of this whole transformation we keep talking about leslie picker will have the ceo later on in the hour got to start with microsoft, though, this morning, obviously beating the street on the top and the bottom line, upping its guidance and widening its lead jon, you know the Company Really better than anyone are you impressed at this point, at least with growth in cloud . I am, carl, because cloud has become at once so important and then nonsensical at the same time it used to be, you said cloud, you sort of knew what people were talking about oh, its those servers that are out there that are storing enough now cloud has become such a mainstream enterprise story. You have to ask questions two, three layers deep to figure out exactly what is the company talking about when they talk about cloud . Do they really have a fundamental technology are th
Law. Japans United Nations Ambassador Says his government opposes any unilateral measures. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Parenti. This is bloomberg and Bloomberg Technology is next. Emily chang, and this is Bloomberg Technology. Up, bitcoin mania. We look at its wild week and a major milestone coming up. Plus, nintendo continues a very successful year. We will hear from the companys head of americas about what they have planned for the Holiday Season and 2018. And notable investor tim draper talks about his new fund and weighs in on bitcoin. First, another wild week for bitcoin, the worlds most valuable cryptocurrency. It has been flirting with 17,000 this week, but that has prompted debate over if it is the real deal or not. I could care less how it trades, why it trades, who trades it. If you are stupid enough to buy, you will pay the price one day. Im afraid this is irrational greenspansto use famous phrase.
President trump was aware of his decision to recognize jerusalem as israels Capital Raise it tons, but he did advance peace in the middle east. The Trump Administration has been working on a new peace plan. Ambassador haley gave no details. Allies in the Un Security Council are criticizing president trumps decision on this. Britains ambassador called it unhelpful to bees. Siuweden and japans ambassadors opposed unilateral measures. Local news 24 hours a day, powered more than 27 hundred journalists in more than 120 countries. M alisa parenti, and Bloomberg Technology is next. Emily this is Bloomberg Technology. Bitcoin mania. The battle is not cooling down. A look at its wild week and a major milestone coming up. Plus, nintendo continues its successful year. We will hear from the company about its plans for the Holiday Season and 2018. Hisdraper talks about position on bitcoin. This later on the show. ,nother wild week for bitcoin the worlds most valuable cryptocurrency. 17,000an flirt
South african politics members of the governing anc begin to vote on a new leader who will likely become president in next years election. A very positive morning across europe so far when we look at equity training. The stocks at 600 up nearly 1 right now a lot of green across the board. Lets take a look at the specific markets action across the continent. The foots see up 1. 5 . The cac ka rant in paris up and lets take a look at the specific sectors that are driving that positive movement this morning we can see from across the entire country the sectors, lets take a look at the numbers as they come through coming very shortly. Waiting for that foots see action there very slightlyup more than half a percent. Lets talk about whats going on in the United States so talking of taxes, President Trump has defended the 1. 5 trillion expected in cuts that could stem from the new tax reform bill. He said the economy, meanwhile, is going to, quote, start to rock the bill will create jobs and
Good morning, welcome to squawk alley. With me here at post 9, Kayla Tausche back again all three major averages hitting record highs the dow at one point within 150 points of 25,000 its backed away from that a bit, but were still keeping an eye on it. For more, philip swagle and jim paulson, chief investment strategist welcome to both of you jim, we keep hearing simultaneously that the market is rising on tax reform optimism and also that tax reform is priced in. Which is it . Well, its hard to argue that its priced in when it keeps going up every day thats for sure. I dont know what has not been vetted by the market as far as this tax policy is concerned the news has been out there for some time. People got a very good idea exactly what its going to be and already have adjusted their earnings estimates and so forth, so i sort of lean in the camp, too, that even though theyll probably pass it this week, most of that is included in the market here, but its hard to get in front of a one