Day,l news 24 hours a powered by 2600 journalists and analysts, and more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology, is next. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, blair sets the time and a place to officially test its floating taxis. Wentll you how it all down. Plus, self driving if you share in phoenix. By arizonas capital is ground zero for monetizing after that alphabet. Andy nfl teams up with wearable tech. How players can cash in using their own health data. First, the rally in stocks continue. Lets go to Abigail Doolittle for more. Up 7 10 of a percent, above the important figure. Reporter we are. Another risk on day for major averages, especially the tech heavy nasdaq closing above success and. Above 6000. Alas tend a closed above a big round number for the first time, 5000, in march of 2000. It has taken 17 years for nasdaq to close above another big round number. Down, this might be a more psychological level as opposed to an indication more gains are ahead. Driving the nasdaq about 6000 today, we are looking at netflix, baidu, and biogen above. Netflix is one of the top performers having its best days since october next year last year. That has to do with the Companies Deal with baidu, helping baidu trade higher. It will help netflix enter china, the only major market netflix has not been as of yet. And biogen, a big day. Like the there really companys rare muscle disease drug, suggesting there could be more growth ahead. Relative to the overall strength we are seeing weeks ago, theres talk about whether the reflation rally was reversing. Lets go to the bloomberg and take a look at the chart. These are the three major averages out of the election. Asdaq in blue on the top, leading the dow and s p 500, of 16 . Lots of strength for stocks at the end of april. Caroline and its acrosstheboard globally. We saw asia rally, europe followed, and the u. S. Garnering highs. Talk to us about the earnings season. We are seeing a lot of the big players we will hear from also hitting new highs. Reporter its interesting you should say that, because our equity strategist at bloomberg said she thinks the reason the tech Center Sector has resumed the uptrend is the positive earnings, but relative to the Nasdaq Technology earnings to come out later this week, we are looking at lots of big names including alphabet and microsoft. Alphabet, everyone will be looking to see if the youtube ad revenue brings growth. Microsoft, it could be the best third fiscal Quarter Report ever on both cloud and server business. Lets not forget amazon. Well. Eport on thursday as the last Quarterly Report was a bit of venice, so estimates have been coming down for this report. Our Intelligence Analyst says it could lead to upside and we will be looking to see what the Cloud Business looks like. Lets go back into the bloomberg and take a look at a chart as to whether or not the strength in the next jack nasdaq can continue. This is the nasdaq relative to the 200 day moving average. 11 above that, basically the most matching over the last three years. Look at that rfi on the bottom rsi on the bottom. This one is about 70. It has not started to back down, but it may suggest around the earnings period, perhaps some of the strength of the nasdaq could consolidate a lot of it. Consolidate a little bit. Caroline bloomberg tech News ReporterAbigail Doolittle, thank you. Now, the promise of flying cars inching towards reality. Uber kicked off its conference in dallas announcing it will test flying vehicles in dallas and dubai in three years. Thats right. Their chief product officer says the public will get to live in the era of flying cars. Three years until they start testing, but this is still pretty ambitious. Reporter right. And another three years from now, they are trying to have a service filling. I think flying cars is one of the technologies that feels like its over the horizon. It will be interesting to see if they can execute on it. They are striking out of partnership s and hedging their bets on which type of takeoff vehicle, and trying to create the infrastructure and ecosystem to make it happen. Caroline also talent. They have had higher risk from they has been hiring from nasa. Reporter i think it is important. It is optically important. As a savvye Company Technology company. I think its not imminent enough to say it is key to their business. I think in a time of pr crisis, it helps motivate the company to say we are doing something exciting, we are helping convene these Different Companies to create flying cars. Caroline certainly, another moonshot helps in the valuation as well as, competition. I was speaking to brad stone earlier. We were talking about kitty hawk. Everyone wants in on the flying car. Reporter hard to believe it is a coincidence that video from kitty hawk showing their flying cars working. A came out yesterday. Ubers big announcement. Its not just self driving cars. In this case it is larry page, alphabet ceo, but this inherent competition between alphabet versus google versus uber. Caroline the videos are spectacular. None of them really look like a car to me at the moment. They look like motorbikes. Reporter thats why everyone takes that calls them vertical takeoff and landing. It is safely packaged in a small vehicle that looks nothing like a car. We are just attached to that idea. Back to the future. Reporter exactly. We are not replacing the inside city uber trip. Caroline san jose to San Francisco in 15 minutes would be a joy for some of the vc community. This is a three day event in dallas from uber. It really is the great and good from the industry trying to think forward. Reporter partnerships with the manufacturers in dallas and dubai. There are batteries so they can try and better charge cars, and even the real estate creating partnerships. The cars would literally land here. Its trying to bring a lot of people together. I think they have five different manufacturers they partner with, and there will probably be more. Uber the idea isuber the idea is uber can bring people together and have organizational powers with these players trying to build flying cars, and they benefit when they have the network at the end of the day. You call the car on their app, and they make money without doing the heavy lifting in terms of rmb. Caroline what is first, autonomous are flying . Thank you very much from Bloomberg Technology. We will be able to continue monitoring events out of the uber conference this week. Another story we are watching, thator thats out for step, testing out self driving tech. And sticking of the car tech theme, nissan has joined automated bmw self parking in allowing the driving Data Collected by mobilized chips to be used in a app. Installing the tech and sharing the data. Mobilized chairman has called the technology the missing piece of fully autonomous driving. Coming up, nfl players can sell their health data. The Technology Behind it , and the money to be made, next. All reminders of Bloomberg Technology, are Live Streaming on twitter. Check us out 5 p. M. In new york and 2 p. M. Here in San Francisco. This is bloomberg. Caroline the company is taking its tech talents to the nfl. The wearable analyzes data and helps athletes in training. This is another way for athletes to course score big. Why sell personal Health Information . Whoop ceoehind it, joins us. You are paring up with Nfl Players Association, kobani the data. Talk to us about the Business Opportunities here. Isour core mission at whoop to empower athletes. Meeting with the Nfl Players Association and understanding their needs, especially around player safety and health, we felt there was an opportunity to partner. The Nfl Players Association has become an investor in whoop. We are distributing whoop to every incoming and current player in the nfl. This is the first time a Pro Sports League has partnered with a Wearable Technology company. It will be exciting to see the data and ultimately improve player safety. Caroline player safety paramount, but talk to us about the other area the data will be used. Im imagining those who want to sleeplook at how much players are getting, how well they are recovering, and the selling of it at the end. We are going to work really close with the Nfl Players Association and the players to ultimately collect and control the data. Beyond that, to look at the commercialization. To your point, you can imagine a lot of potential buyers of this data. You think about broadcasters and the engagement they could create withstands to talk about the recovery of players before games. Youve got the offensive line peaking physically and the defensive line rundown, how can that affect the quarterbacks passer rating . Theres a lot of interesting ways a broadcaster could be talking about this information. If you think beyond that, fantasy football is becoming a really popular industry. How can the data be used to empower fantasy football and connect with fans . Beyond those industries, theres a whole host of Health Applications in terms of having the first data set of its kind continuously around professional athletes. In the process, as this data gets more personal, it also gets much more lucrative. Whats unique about this istnership with the nfl pa it will give players the opportunity to generate meaningful revenue from the value of their data. Oline they can spin springboard off of it. This is not the first time significant athletes have used whoop. It was implied at the olympics, and in baseball. Why not more commercialization or sports teams wanting to send this sort of deal . Think the nfl pa was pretty innovative and forward thinking about where the technology can go for the game. I think every league and the Players Association needs to decide for themselves what is the right process to evaluate technology. We went through a very rigorous competition with the Nfl Players Association, and they had just formed a group called one team collective. It was a Technology Advisory group. Hundreds of companies apply to ultimatelyhem and five pitched to them. We wanted to have the ability to go into partnership discussion. You will see the other Players Associations probably take notice of the deal. We are looking forward to having more conversations there, and begun. Onversations have at the lead level as well, its an opportunity to connect better with fans, an opportunity to key players in the game for a longer period of time when they can understand their health. I think everyone stands to benefit, in my opinion, from this technology and the data. Caroline what about others wanting in . And thinking of fitbit or job on. Are we going to see other wearable devices trying to offer themselves to sports teams . First and foremost, the technology has to be able to dailytand the athletes lifestyle. What makes whoop unique is the focus on recovery. We can tell an athlete how prepared their body is for strain or to perform, and we do a lot to optimize around the rate of recovery. What are you doing the other 20 hours of the day to perform better as an athlete . Thats a story that hasnt been told yet in sports. Is the real differentiator in this deal, because that data, the other 20 hours of the day when the athlete is not playing, thats the athletes data. We are collecting that data for the first time in getting the athlete the ability to monetize it. Thats whats so special. Caroline we will see what kind of opportunities arrive. Whoop ceo, thank you for having being with us. Now, president ial runoff candidate and manual micron Emmanuel Macron has been hit repeatedly by cyberattacks. Attackscro blames the on a group that has hit more than a dozen countries. No specifichas russian involvement. Coming up, weibo has run rampant in rural china, helping businesses. We will hear exclusively from a ceo, next. Can find our tv function at tv on the bloomberg. You can find interviews from our Television Coverage and dive into any of the securities are bloomberg functions we talk about. This is for subscribers only. Check it out, tv. This is bloomberg. Caroline caroline now a story we are watching for you. Remember when jack ma pledged to create one billion. One million jobs in the u. S. , trump . With president there is an update. He announced the launch of a new program to make good on the pledge. Alibaba will hold a conference in june. Lure this is the first part of a bring smallto businesses to work with alibaba. Weibo is no nest chinas twitter. The Chinese Telecom giant says there is a rapid uptake of weibo in rural areas. Our tech advisor we spoke with the ceo about what he plans to keep driving forward. Last year we grew independent venue by revenue by 110 . That is actually very big. Its continuing this year. You will see there was still be significant growth. Reporter weibo, the messaging service that provides so much of your revenue stream, youve done a very successful job in growing users. How much more have you done the strategy and where are the new markets . We will still grow faster than most competitors in user ,rowth, but our overall basis we will focus on time spent competition. We will keep increasing products and more offerings in terms of video. We have tremendous growth in terms of video uses in short video last year, and Live Streaming. We just started beta testing with video stories similar to what snapchat has. This is the area we will be focused on. Video is the key for future growth. Reporter you think theres too much money flooding into the tech sector. Are you suggesting there are bubbles in chinas tech sector, and if so, where . Its everywhere. Not just one particular area. I was talking about the internet in general. Especially in the last five or six years, we see a tremendous amount of money pouring into the market, whether from vc, foreign funds, or local funds. Theres too much money. Whenever theres a new concept emerge, for example Live Streaming, for example news app, or the socalled shared economy there areber model, hundreds of companies being treated. In theory, these companies will never be successful. But everybody, whenever theres a new concept, they think it will work. They dont want to miss it. Theres a lot of money pouring into creating new companies and businesses. The result is that in a huge competition in terms of market , you have to put in cash to get the market share to be bigger. A lot of it is irrational. Caroline Alice Charles chou, senior sina chairman. If you like Bloomberg News, check us out on the radio. You can check us out on the Bloomberg News radio app, bloomberg. Com, and in the u. S. On sirius xm this is bloomberg. Alisa im alisa parenti. You are watching Bloomberg Technology. At the u. S. Holocaust memorial Museums National day of remembrance today, President Trump that his administration will confront antisemitism and stamp out precious he also accused. Stand out prejudice. He also accused holocaust deniers. The administration also math the court of appeals to overturn the ruling. The u. S. Secretary general sense says there has been 1. 1 billion to help yemen. And add better addressing the conference crisis that has been overshadowed by syrias war. Pope francis will arrive in cairo as a friend and messenger of peace twin bombings of. 44tic christians killed people. He hopes the pilgrimage will be an embrace of consolation to christians in the middle east. The tsa says that u. S. Will not make changes to the inflight flight ban on electronics devices. The Homeland Security device says the band took place march 21 and prohibits march devices larger than a cell phone global. News powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. It is after 5 30 p. M. Here in new york. We are joined by bloombergs paul allen. He has a look at the markets. Aul good morning. Trading resumes in australia and new zealand after the holiday. It looks like it will be a good day. Asx futures pointing up half of 1 . We are keeping an eye on bhp at the open, the worlds biggest miner. Have this morning, we will Consumer Price numbers out of well. Lia as they are expected to show inflation returning to the middle of the reserve bank of band. Lias target the rba governor will be giving a speech later tonight. He may address the inflation numbers. Nikkei futures also looking positive. Keep an eye on japan post, book a 3. 6 billion writedown charge on an australian asset acquired and saysor 5 billion, it might have been too much. Im paul allen in sydney. More from Bloomberg Technology, next. Caroline this is Bloomberg Technology. Im caroline hyde. As we discussed at the top of the hour, another banner day if you are long equities. Stocks training in the best today performances. Novemberthe nasdaq closing above 6000 for the first time ever. Cory johnson has been looking at all the key move