And there are some Big Questions about whether this deal will actually be good for worker former u. S. Congressman from florida alan grayson joins us to break it down. 5 of the protocol members should no longer be considered a viable candidate or my narrow when it comes to privacy well tell you what one we thought and found out what it means for privacy and if you wish to be continues over to the wildly popular app is now pivoting to other countries weve got the report straight ahead a lot to get through today so lets get to it. And we begin with what has been a good year but really a great year for tech stocks in fact tech stocks are racing toward their best year in a decade and that means that investors are interested in Companies Offering everything really from memory chips to social media platforms tech stocks seeing their best year since 2009 demonstrates that while the broader economy may be showing signs of cooling there is a lot of confidence that. Companies will be able to con
A slightly more positive note japans lower house of parliament approved a limited trade deal with the u. S. But now there is uncertainty over progress regarding highly contentious tariffs on its cars and car parts japan and the u. S. Formally signed a limited trade deal to cut tariffs on u. S. Ag giving President Trump a moral victory but now theres fear about next steps as trump known for his flip flopping ways have not confirmed that the u. S. Would scrap tariffs on Japanese Cars and car parts despite giving jack assurances it will analysts cited these times as unfavorable as details were intentionally vague giving us leverage to win more concessions at a later date what was actually close to a trade deal with mexico and canada just last week House Speaker nancy pelosi said that a breakthrough on the new trade agreement called the u. S. In ca was this is her word imminent President Trump has been pushing for this new trade agreement but one of the groups pushing back or us labor unio
For workers is former u. S. Representative alan Grayson Allen thanks for being. Here so lets begin here with the concerns over the u. S. In ca really being nothing more than just well lets call it this nafta 2. 00 which cost American Workers millions of jobs so why should American Workers believe that the u. S. Embassy a isnt just really going to be more of the same. Well it is more of the same and theres no doubt about that if they believe that theyre right its 2 or 3 ounces of nothing if we if you reach the point where the most important element of the deal is whether 62 percent or 75 percent domestic content is required the kind of cars being made in north america youre arguing over nonsense so there is only one thing in this deal that actually matters which is the fact that it gives you a path toward repealing that if youre willing to wait 16 years to do it. So now one of the biggest concerns over the u. S. M. C. A. Is whether or not its going to be enforceable and whether it will
Shares are down in after hours trading. We will have a report. And, libra grilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the social networks controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. Snap fell as much as 10 in late trading after reporting thirdquarter earnings. The Company Reported revenue and user growth beating analyst estimates. It has been boosted by an increase in downloads to the revamped android version. But questions remain about longterm monetization. To break it down for us, i want to bring in Jitendra Waral from bloomberg intelligence. First lets talk about the third quarter, daily active users. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Jitendra q3 numbers were pretty strong. It is the q4 guidance that fell short. Looking at the backdrop here, the stock is up 154 year to date. The valuation, to sustain that valuation
All starts about 8 30 a. M. Eastern time it is the busiest day of earnings season bringing you reports of 3m, hershey and more like comcast september durable goods orders and the latest read on home sales. Tesla shares soaring. Earning 1. 86 per share versus a loss of 1. 82 per share they have reported producing 300,000 vehicles the company saying it is ahead of schedule with its new giga factory in shanghai and on the long awaited model y cross over and expects that launch by next summer what ceo elon musk said on the Conference Call for demand of electric vehicles. When flat screens came out, it was a big step in demand because now getting a flat screen was much better than having a small crt screen tv weem see the same thing instead of just buying a car because their last car wore out, theyll buy and electric car because it is fundamentally a better car. Big numbers for investors to a large degree on prediction of when this motdle y will come and when this factory will be on board.