Also take a look at whats happening in the treasury market 10year is yielding 1. 816 counting zeros here four commons 12 zeros Google Parent Company alphabet now has 12 zeros, also four commas becoming the fourth u. S. Tech company to reach a 1 trillion valuation joining apple, microsoft and amazon, amazon has since dipped below that mark cramer last night talking about another member is microsoft. Weighing in on the controversy on apple and how much it should aid Law Enforcement by opening locked e locked iphones or maybe creating a backdoor for Law Enforcement you cannot be cool. You have to be cool on your own. You have to take pride on the digital capability you have built. No press release with us or anyone else will do it you will need to build your dig call capability and by the way trust. There is a conversation about privacy already. We have to engender the trust. You as retailers are the keepers of the most important data you have to build trust. Whether importance or privacy
Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime Minister Benjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would have a better chance of forming a government after the third election of the year come march. David thank you so much. To turn to commodities. Oil is extending its gains as u. S. Inventories decline and optimism over a partial u. S. China trade deal grows. Youre right, those are the two drivers hitting oil this morning. Broken throughe a level on trade deal optimism, partially on risk assets. The santa claus rally really helping oil out. Another big story is the inventory decline. If it is confir
Squad, 2020 hopeful Elizabeth Warren vocalizing her support for the pop singers battle with former record label, swift has been cleared to perform older music at the American Music awards, thats this sunday but warren has used the bad blood to slam all private equity firms, lets go straight to grady who has been all over the story for us, grady. Hey, david, you took all my taylor swift song intros there. It was sold earlier this year the Carlisle Group, senator Elizabeth Warren apparently is with swift chiming in on this, taylor swifts work is being threatened by privateequity firm, they are costing jobs and crushing entire industries and says its time to rein them in. Alexandria ocasiocortez chiming in as well, predatory practices actively hurt millions of americans, leverage buyouts have destroyed the lives of retail workers across the country scrapping 1 plus million jobs, in this case the private equity firm involved the Carlisle Group isnt commenting but worth noting the data from
Thank you. I appreciate the introduction. I just want to start by saying how special it is for me to be here in this space with all of you. I lived in pasadena about three blocks from here when i was in graduate school and i would come every wednesday with my mom, kathy was sitting right here and my cousin catherine. We would go see a movie and then come out and hang out here. Its special for me to be here with you tonight. Tonight i am going to talk with you about something that happened in this space february 18, 1965. Can you hear me in the back of . This space was filled with over 700 people. Every spot on the bench was taken. There were people sitting on the floor. It was in deep violation of the fire code. There were 500 more who wanted to get into this space but they couldnt because it was packed. They went to other rooms on the premise. This is the worlds oldest debating society. This student that wanted to get into the space but it was so full that they could not. Why were the
Who else but the nba star lebron james has now come out speaking about the recent nba fall out with china, reigniting that controversy that had gone down to a simmer welcome to power lunch. Ive got quite rally reports in eu and uk may be closer to a deal on brexit that s p 500 level thats up, we are less than a percent away from all time record highs and tech nearing a record high they are their best bet into earnings lets go to bob at the new york stock exchange. Its more than just optimism on trade here. Theres several fronts going on. I think the most important is earning. Jp morgan reported strong earnings the consumer side was really good this is a real sign the consumer is holding up and even jamie dimond said that second thing help in the markets, positive comments on the prospect of a brexit deal. They did sicite hard brexit as risk finally a bit of warm and fuzzy feeling from china on the trade talk the global times editor said that fridays meeting did represent a breakthrough