Retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. They are not allowing a license, the reason im a rider safety. The mood in london is that uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. As long as an appeal is ongoing, they are allowed to continue. Wilbur said that they will appeal the wilbur said they it willsaid today appeal the uber said they will appeal the decision. As long as that appeal carries on through the courts, then it can stay on the ground. The question will be whether the company can make the changes in its software to allow tfl to feel comfortable that it is worthy and whether it is fit and proper, as they say. Uber said it has already fixed one of the main problems that tfl had with the app in the first place. But we will probably have to wait until the spring to get any answer fro
Road map begins with teslas truck rollout, unveiling first all electric pickup. The cybertruck and it is nothing like youve ever seen before. Wall street looking to snap a threeday losing streak. Stocks seem to be set for a positive open as chinese president xi jinping says beijing wants to work for a trade deal and a roller coaster week for retail today it is gap, nordstrom, williams and sonoma and foot locker were going to start with tesla, unveiling first ever pickup truck last night elon musk says it will have a starting price of just under 40k. Production set it begin in late 2021 musk touts the futuristic design, the armored glass. As you might know by now, a demonstration to show how bulletproof the glass was did not go according to plan try to break the glass, please yeah sure . Yeah. Well, maybe that was a little too hard man, this is getting talked about a lot this morning stocks down, bernstein says it looks weird. Like really weird. What do we think well, i mean, since they
Service surpassed 10 million sign ups in one day. That news adding more than 18 billion in market cap to the entertainment giant today alone. And get this since disney announced pricing for disney plus in april its gained 58 billion in value. Do the magical math, 58 billion in market cap. 10 million subscribers makes each disney plus user worth about 6,000 is the magic too good to be true . Guy, thats one way to do the math i think the market is saying is going to be its far more than 10 million at a point. I guess the moep is at some point i want 60 if you do the math thats the ultimate hope with that said here is the stock that traded about six times normal volume, made an alltime high, up 50 ish since announcing legalized me andreaering to me that was the first life lines in the sec can you wrap your head around the valuation . Karen and i spoke about it last night. Spending money to make money i get it how long does it take and moug are you willing to wait . And how long should you
For sirera iara eisen. What recession a better than expected jobs report started the morning with an optimistic tone china says it has reached a consensus with the u. S. In this weeks trade talks and exxon ticking higher along with industrials and financials. And in just a few minutes, the actor who plays logan roy on hbos secession will join us on the cutthroat world of media competition. Hes going to be right here at post 9 joining us for the hour is kara fineman. Here we are sitting basically at the highs of the session i found it really interesting that yesterday the markets got pretty derailed by worries that the trade talks werent going so well today we have an agreement of principle and we really didnt move so much we have that other data out today, so its hard to really parse what to me, this kind of day seemed pretty goldilocks. You had a really good jobs number in the morning, right you had progress on china. Although ive got to say, im skeptical on every update that we get a
Wednesday. Closing the day up by 123 points still on track for major indices to see the third week in a row looking at dow futures s p 500 down by 10, nasdaq down by 25. What happened . Stocks took a dive it was more a product of the percentages were going up for powell to have another cut all but factored in. Bad news has become good news. Good news has become good news if you look at the december percentage cut, it doubled 30 to 60 . October, yes december, yes. Sort of. The market took that as a positive well see what happens today the jobs report is the all important one that hits in 2. 5 hours time. Looking at what happened overnight in asia. The nikkei ended up by about a third a percentage point the hang seng is up just over 1 you are looking at a mixed picture. Not Much Movement for the dax or the ftse a little weakness in italy and spain. Looking at treasury yields coming under pressure on this data in terms of the ism manufacturing numbers and the nonmanufacturing ism we got y