New data and uncertainty over tomorrows opec meeting. Well be leave in vienna with the latest porsche is unveiling a new model today. Ceo will be joining us in a first on cnbc interview coming up but while the dow and s p started off the session with alltime highs yet again, the nasdaq has been falling all day and Companies Like netflix, apple, amazon, theyre seeing big declines bertha combs has the news. So are the big tech cap stocks, investors calling it the great rotation today theyre taking profits on names that have run up so fast look at autodesk thats a case in point today, trading at alltime highs yesterday, tumbling on an earnings missed also announcing a 13 work force layoff, thats sending some jitters as well in tech. The biggest source of pain though overall is the sector now the Semiconductor Index has been leading the charge to alltime highs here at the nasdaq the index closing at a record high led by micron and invidia, both doubled this year invidia today seeing a chal
Businessweek megan murphy. Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way really changed the way you , think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave rose mcgowan and ashley , judd. Of course we are talking about Harvey Weinstein. A third woman, too, that chan
Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way, really changed the way you think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave, rose mcgowan and ashley judd. Of course we are talking about Harvey Weinstein. A third woman, too, that changed the landscape in media, a
Rallies weve tried to mount lately. Dow only 220 points s p pole vaulting 2 or 3 . Nasdaq rocketing 1. 53 . And roll over at the bell. But now the hard part begins. We know the Chinese Government has put through a whole bunch of measures to stabilize the market. We seem to be well, i never want to say we are at the curtain closing part of the greek tragedy with the lesser of two evils at least for the stock market might prevail. Still one more bailout that could be destined to bailout a year or two from now. Doesnt matter. In the shortterm a resolution any resolution is positive especially when it comes to the dollar which is selling off for once against rejuvenated euro. No doubt because an end to the uncertainty could send europes single currency soaring. The dollar really matters. Something thats going to become obvious as we go through the next weeks game plan. Mondays going to be dominated by foreign affairs, greece and china. In greece we need to hear what the left wing governmen
Rival, bill ackman. Not the best return on a short position. Julie irelands Prime Minister wonders exactly what Great Britain is looking for in brexit talks . Where we are confused and puzzled, what does the United Kingdom want with the European Union . Julie central bankers take center stage at jackson hole, and we sit down oneonone with two fed president s. I think you have to be careful on the estimates as opposed to the broader trends. I think we should be removing the accommodation, but it should be Done Gradually. Julie plus, a roundup of the weeks most intriguing earnings report. We had a very high quality set of results. We have to be patient, we know what our businesses are worth. Julie it is all straight ahead on bloomberg best. Julie hello, and welcome. Im julie hyman. This is bloomberg best. Your weekly review of important analysis from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began with the major deal involving