This is counting the cost of aljazeera your weekly look at the world of business and economics this week. March. March to 40. 5. Hard to track. Trade deal is china capitulates and beijing deliver tens of billions in extra trade. American sanctions no problem russias pivot to the east it opens up another pipeline via turkey into southern europe. South koreas. Spy working the struggling youth with no money and no hope of climbing the social escalate. 3 years ago president xi stood in front of the worlds Business Elite in davos defending the postwar International Liberal Order us President Trump railed against globalization well 18 months later a trade deal of sorts is been signed but has president xi wasted the Political Capital he established how brutal treatment of 13000000 wego muslims strong arm tactics against democracy protesters in hong kong and giving himself indefinite power to stay as leader the deal which ever way you brain. It down is a win for President Trump the us has used
Reporter yeah and i told the marlow family they would have done this whether it was christmas or not. That is the kind of family they are. That is why were here at the shark tank, the wife of patrick par low who reached out. We sat down here with Christina Marlow just a couple of hours ago, the family reached out after they heard that the gomez family was not only a victim of a fire when they lost everything and their car was broken into a day later. Thieves stole cash and donations. The family was sad with the string of bad luck so they called the family yesterday. Christina marlow put a plea out on twitter with a one or twobedroom Affordable Apartment they would rent out to the family. I came across an nbc articles and i read it and i thought we can do it. You cant let this family go through christmas final and have these horrible things happen and the community not rally around them. And as a parn as a parent my first thought was you dont want the daughters to be associating with th
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.
Platforms and stanley weighing in on ai well break that all down in just a moment. Plus the future of the ad space. Why amazons approach to retail media could redefine advertising. First, a check on the markets. All three indexes up slightly with the dow higher right now by. 03, thats 13 points s p higher by 5 points nasdaq moving tore way by a little down 10 points. Down big is disney after its results. Streaming showing some improvement, the companys Digital Strategy may be helping out here. Plus, telehealth plat tomorrow hims and hers higher after reporting Strong Revenue guidance. Wow and on the tech front, palantir down big after reporting weaker than expected guidance, down 15 . Well hit that name in threestock lunch further ahead. Speaking of tech, a new law aiming to hold tech firms accountable for online child abuse. Emily wilkins has more emily . Reporter hey, tyler. Yeah, President Biden is expected to sign a bill very soon that would hold Big Tech Companies more accountable
Halftime trade alert from bill baruch he does join us because he has bought crowdstrike why did you do that . Good to have you on. Tell us about this trade and why you decided now is the right time thanks for having me on we know crowdstrike had a big reaction after the Earnings Report earlier this year, and then it sold off pretty well we stayed away from traditional Cyber Security over the last year, and really missed a name like this in the bull market in 2023 not saying we have quite a bit of exposure in names like nvidia and others, but one of the reasons why i stayed away from traditional Cyber Security was a fear that the hyper scalers were going to roll out a really Competitive Edge in the securities space and useers that were already on their platforms would begin adopting such. Anecdotally, i had a conversation with dan ives earlier this year in february and addsked him how he feels abu it theres nobody better to ask his response to me was, ive been getting that question ever