Them director of medications and society program. We look at the impact of network and Information Technologies on Democratic Institutions and values. Business,ogether government, and the nonprofit sector. We are very pleased to welcome you today to our, with our speaker. Some housekeeping items. I want to welcome our audiences on cspan and the aspen channel on youtube and for those who want to tweet about it, futurefcc is the hashtag. We are happy to welcome the 31st chairman of the fcc, who was appointed by president obama in 2013 and unanimously confirmed by the senate. He is wellknown to the Communications World in the past in the cable and Wireless Industries and, i think, is the only person selected to both the Cable Television hall of fame and wireless hall of fame. He is the author of take Untold Stories of the civil war. He shepherded many important policies at the federal Communications Commission over the last four years, including strong Net Neutrality rules, the first ince
Is up a buck. Our roadmap begins with historic highs for stocks, and the worst plays at these levels and where it may go next. It is amazon prime day, and now the company hoping for a big boost to its bottom line from new amazon prime members, the real driver behind the massive craze. And pokemon driving nin tete stocks up high, and stocks looking to make more history, a day after the s p set those record highs since may of last year. Alltime internet high now 2143, the closing high, 2137. Nasdaq poised to open in positive territory, which it has not done, unlike the other two, all year long. Your point this morning, jim s, not enough people care at this point . No, too many people ordering shoe dog for you on amazon prime day right now. Right . Here we go. Im ordering shoe dog. Nick nike has yet to confirm, starbucks has yet to confirm. If we can get amazon to get going, we get cisco, say through 30, intel positive note, we take microsoft and shoehorn nintendo, we could get them. This
Renegotiations of the broke off last week. Global news, 24 hours a day, powered by our 2400 journalists news bureaus150 around the world. For your first word, i am mark crumpton. Emily i am emily chang and this is bloomberg west. Coming up, jack dorsey in the spotlight with Quarterly Results showing it user declines for the first time ever. Despite a huge earning miss, investors focused on strong numbers. And delivery amazon also enjoying an afterhours rally on word of billiondollar Share Buyback. We will have the latest. Emily first, to our lead twitter fourthquarter earnings. Shares dropping and then rebounding. The last quarter, monthly active users remained flat. Monthly active users excluding active service messenger platforms actually declined from 307 million to 305 million in q4. Moments ago, jack dorsey added an extra detail that twitter users ticked back up in january, sending the stock back up. Still, revenue numbers fell short of estimates. To adrop from 595 million lower n
U. S. Says they being crashed in china could be four times worst then the u. S. Received 3. 5 trillion in equity and that would have implications for the rest of the world. There was a bad lines from Bloomberg News powered by over 2400 journalists in 150 euros. Hong kong closed for lunch but here is how they are trading in the morning session. A start to the Lunar New Year for hong kong since 1994. This is the picture we are seeing. Selloff is continuing. Time now for bloomberg west. Emily this is bloomberg west. Jack dorsey in the spotlight showing decline for the first time ever. Know ahares popping even huge earnings. And amazon also enjoying an afterhours rally on word of billiondollar Share Buyback. We break down the numbers. Emily first, to our lead twitter fourthquarter earnings. Shares dropping and then rebounding. The last quarter, monthly active users remained flat. Monthly active users excluding active service messenger platforms actually declined from 307 million to 305 mil
Just remarkable. Take a look at the markets across the region, all advancing on this latest stimulus measures from the pboc. A lot of questions about the health of the chinese economy given the fact they have taken the Interest Rate cuts. Investors are seeing an opportunity to buy. Stimulus continues around the world. The hang seng index advancing. 3 . You are seeing some casino names, gaming stocks moving to the front of the boards. We are seeing a nice move from property related shares. Checking in on the city market, the asx 200 advancing a quarter of 1 . Markets. Driving the a lot of action in the commodities space. The pboc says the latest stimulus measures were not an act of quantitative easing. Policymakers stepped on the gas again friday. Cutting Interest Rates for the sixth time this year. Some clarification this morning from the pboc. How are they spinning this . This is traditional Monetary Policy, not quantitative easing. The pboc cutting Interest Rates for the sixth time t