More local economies continue to reopen across the nation, and etf has risen more than 10 off march lows but there may only be a handful of names who have all the ingredients. The secret sauce, carter, have you been crafting something for us exactly how clever, crafting and clever and here we go before we look at acouple charts, this has been a disaster of a stock what we know, of course, is it peaked almost four years ago at basically 98 and bottomed this year at 20 youre talking about a 79 decline. Its not loved only two analysts considered a buy. And, yet, two people hold almost 50 of the stock warren buffet, of course, and 3g global but, anyway, a few charts. So here is the first chart and what we see is that it has all the characteristics of a bottoming out formation, a bearish to bullish reversal. You can see the 150day moving average starting to flatten and actually rise. The second chart is the same time frame but its just showing you another way, the trend line meaning kraft p
York stock exchange. Very monday morning and its going to be a very busy week were going to start with some talk about technology and antitrust. Our next guests latest column says, are we finally getting serious about big tech monopolies is it too late cnbc contributor kara swisher joins us this morning. Good morning, kara good to see you. Hi. Good to see you. You ask, are we finally getting serious about mo monopolies and then you go on to say, youre not holding your breath and no one in Silicon Valley is holding their breath no, were not theres been so much suggestion about the ftc and the justice department, i just wanted to point out some information for them about how much of a cheap date consumers have been to these Tech Companies and whether we need morecompetition. Its something ive been talking about the idea that we should have a new social network, that we should be able to have a new Search Engine and have some choice and theres very little choice in many, many too many sec
Hong kong fell, led by 10 . Desolate by tencent. Led by tencent. Chinese regulators are not spending. Approval of mutual funds plan to allocate 80 of other portfolios in hong kong. Global news, 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. Bloomberg. We are looking at markets. Have a look at hong kong. Hang seng down. Down. 9 . This is bloomberg. Emily this is bloomberg technology. This is the Biggest Online spend day of the year. How will cyber monday sales stack up . Where our Consumer Spending . Bitcoin hitting new milestones at a record pace. We will discuss their value. The Koch Brothers back meredith corporation. Will the deal help revive the Digital Strategy . To our lead. It is the big stay for Online Shopping in the u. S. This year. Cyber monday sales are expected to break new records as giants like amazon role at all the deals. Online spending totaled 3. 3 billion. Emma chandra covers the retail industry. Walk us through the trends. You
Township schools. Meanwhile students will continue to make their voices heard until their teacher is back in the classroom. They want to show that mr. Lock, you know, he has his own voice and that he can share his opinions. Im not saying wrong or right but he was just trying to show his opinion about, you know, the shootings. Reporter and the police chief has also spoken out recommend that the board of education have Armed Police Officers at the school as a part of any plan that they would like to implement again that meeting starts at 7 00 oclock well have the very latest coming up later tonight. Lucy. Well talk then, thank you much shawnette. In parkland, florida, tomorrow students return to class in Marjory Stoneman douglas high school. It is the first day of classes since a gunman killed 17 people on valentines day. This weekend many students returned to the building to pick up what they had left behind during the shooting. The debate over begun control is heating up i in as lawmak
61 points. Whats happening across the pond in the european markets, and its a mostly lower day as you can see. The ftse bucking the trend up one third of one percent see where Interest Rates are heading today and theres 236 on the 10year and crude is holding there. The road map starts with the largest proxy fight ever Procter Gamble shareholders deciding whether nelson peltz should get a seat on the board plus, the e commerce play, walmart remodeling stores andaging digital experiences and betting online sales will grow by 40 honnywell, shares rising after they spin off the home and transportation units front and center, Procter Gambles annual meeting getting under way. Shareholders whether to give nelson peltz a seat on the board. He has been seeking changes and p g officials are opposing saying their Growth Strategy is on track of the lobbying on both sides has been intense sara eisen will have exclusive interviews with nelson peltz and Procter Gamble ceo, david taylor first, jim cra