Ahead of the open. Cloud sales growth accelerates the company also aims for spending more on a. I shares of starbucks under pressure theyre down after a decline in samestore sales it also slashed its forecast were going to be joined exclusive by starbucks ceo just a few minutes from now lets begin this new month for markets after ending a rough april with that selloff. Worst day since january 31st worst month since september 23. Some of it was because theres a belief that really, this happened in the last few hours yesterday that if the fed chief is asked the question, do you think that the next move should be increasing rates or decreasing rates, it puts him in a horrible bind . H what is he going to say . This was literally the narrative i heard yesterday as Interest Rates ticked up. You know that people are going to try to trap the chairman, but hes not easily trapped. No, hes not. Although youre not necessarily in favor of the press conferences, as i recall no, because these people
Internet education foundation. It is three and a half hours. [chatter] hello. Alright, lets get going. He has a long day ahead of us. Welcome everybody. So, i am the executive director of the internet a dictation foundation which coordinates the state of the net conference. Welcome to the 20th annual date of the net which seemed to need to be insane because i didnt think we would get to the second annual. But there is a totally different story. I would like to make a profound Statement Today about what 20 years needs, where we are at what point in time, internet policy we are in time now looking back over the 20 years of internet policy, the ebb and flow. Something certainly new. We are we talk of internet policy because we feel like something is happening in the next 20 years will be even more exciting than the last 20 years. That said, a lot of the issues we dealt with 20 years ago are still in play today. We are at an incredibly important Inflection Point in history when it comes to
And stocks went nuts, all three major indices closing at record highs in spite of north korea firing another missile that caused an 80point drop in the dow for 13 seconds there is also concern about a government shutdown, whatever. Since the election, the stock market has added 4. 6 trillion in market cap. Is today proof that taxes are not priced into the market, do you drown out the noise and just keep buying . I think taxes have been priced in, tax reform has. Thats the slow rampup youve seen i would suggest the russells outperforming the market are in anticipation of this we addressed this last night, i still think theyre going to ram something through. Obviously a lot closer to that happening than we were 24 hours ago. I think thats what the market is reacting to is there bad news out there . 100 but you mentioned, north korea fires a missile, we dont bat an eye, President Trump makes a comment that we will handle it, somewhat cryptic and somewhat ominous, the market doesnt care, f
November 30th, 24,000. 25,000 this week, well, we are very close. The latest gains are all about tax cuts, the house votes today, it will be a yes. The senate votes later today or tomorrow, yes, looks almost certain. The president could sign it into law on or before christmas eve. Yes, this has been a remarkable story. Weve had a frontrow seat to financial history. What a ride . Get ready for another big day, we are running right at 25,000 and Varney Company is about to begin. We are moments away, literally from white House Homeland Security adviser tom bosset holding a briefing. He is going to publicly blame north korea for the wanna cry cyberattack that crippled Computer Systems around the world. We are going to watch this to see if calls it act of war, important, ashley. Ashley very important. This virus that link back to north korea went out on may 12th, computer worm with ransom ware. More than 200,000 and ep crypted the encrypted the data and the ransom part, you pay us money and
There will be no washer drilling around florida appeared governor rick scott and republican senator congressman didnt want it. Its not going to happen. In florida. A judge in San Francisco the president plan to an protection for, so yet again a California Court tested in the way of mr. Trumps immigration plan. The liveaction presidency later this morning. Will it be open to the cam is like yesterdays meeting on immigration . Weve never seen anything like that before. The president showed the world how he negotiates. Will he do it again today . Later he greets norways greater it will open up to questions from the media that will be more liveaction. Ive got to tell you, you still cant get over mr. Trumps visit to dallas. Im a change come income inequality and open borders. Give them, mr. President. Varney company is about to begin. Stuart well, fires, then storms in a deadly mudslides in california. This is the golden state taking it on the chin recently. Ashley yeah, we now have the dea