Katie welcome to bloomberg markets. Take a look and we are on the back foot, the s p 500 up by. 3 . We are still above 5000 but we will see how long we hold that line area big tech not faring any better, nasdaq currently off by. 7 , a bit of a down drop now that we are through tech earnings. We wanted to take a look at the vix. It is moving higher but that handle not too impressive, training with a 13 handout on the vix but lets get back to earnings and t. J. Maxx. Discount retailer leading Sales Estimates in the Fourth Quarter but being overshadowed. We are joined now by simone foxman. How conservative was the guide . Simone that has been the reaction from citigroup, from bloomberg intelligence. They are looking for comp sales to rise to percent to 3 , both for their first order as well as their fiscal year. Compare that to what they delivered in the Fourth Quarter, comp sales rising 5 . They have been guiding much lower, a bit about expectations. The eating expectations and seeing gr
Sentence yet for a january 6th insurrectionist, that ruling comes hours before a key hearing for donald trump himself. New details about the heavily armored train kim jong un will take to meet with Vladimir Putin in russia, taking no chances with his security, kims own bodyguards that could be serving as decoys. Amazon forcing workers back into the office, is remote work about to be a thing of the past . Lets go out front. Good evening to all. Im erin burnett. Outfront tonight the breaking news, the longest sentence yet for a january 6th insurrectionist, 22 years. That is how long the former proud boys leader, Enrique Tarrio, Will In Building Prison for his role in the riot, guilty, sentenced for Seditious Conspiracy and leading a plot to prevent the transfer of power from donald trump to joe biden. They say it was Donald Trumps words. It was his motivation. It was his anger that caused what occurred on january 6th. They want to use Enrique Tarrio as a scapegoat for donald trump and th
Lower. Stocks higher. Technology, one of the best groups today and by the way, the nasdaq right now is above a new closing high. So we need to track that over the final stretch as many of the mega cap, including nvidia, see nice gains today pretty good day, too, for discretionary stocks like decker, surging after its earnings it does take us to the talk of the tape. The road ahead for the rally lets welcome in professor Jeremy Siegel, wharton professor. Glad to have you here. Happy to be here. And we have nvidia, knocked the cover off the ball again and a turbulent day yesterday, and then a nice bounce today at least in parts of the market. Yes well, i think, you know, nvidia did so well, it almost sucked all of the oxygen out of the room so no one else could breathe yesterday. And now i think they settled down there were, i think what disturbed people yesterday was that little chatter in the fomc meeting, the minutes, about some people saying hey, are we done raising, and that, that w
In washington dc. It is one hour and 40 minutes. Good afternoon, welcome to the axios whats next summit. Being here, thank you to the team. Im might allen, cofounder and this is one of our favorite days. It is like a reunion than we have been having fun together. Amazing program today discussing ai, how policy is changing. This gives us insights on business, technology and allows us to go deeper into how we work, play and live our lives. Our whats next featured amazing speakers such as hosea andres producer tim balint timb aland, just to name a few. We will hear from another set of amazing leaders. Not one, but two cabinet officials. Ai thought leaders such as a laundry nelson. It is so fun to look around the room and see so many friends. We call this our crystal ball event. We would like you to check out the hub downstairs. We have a demonstration of Virtual Reality of electric airplane. I tried in a irobot that sorts through trash. It is called of course, oscar. And i tried out the e
In washington dc. It is one hour and 40 minutes. Good afternoon, welcome to the axios whats next summit. Being here, thank you to the team. Im might allen, cofounder and this is one of our favorite days. It is like a reunion than we have been having fun together. Amazing program today discussing ai, how policy is changing. This gives us insights on business, technology and allows us to go deeper into how we work, play and live our lives. Our whats next featured amazing speakers such as hosea andres producer tim balint timb aland, just to name a few. We will hear from another set of amazing leaders. Not one, but two cabinet officials. Ai thought leaders such as a laundry nelson. It is so fun to look around the room and see so many friends. We call this our crystal ball event. We would like you to check out the hub downstairs. We have a demonstration of Virtual Reality of electric airplane. I tried in a irobot that sorts through trash. It is called of course, oscar. And i tried out the e