we will hear from qualcomm ceo steve mollenkopf on the race to 5g. first, nasdaq climbing to a record even as the dow sank following disappointing reports from retailers. some big tech names leading the way on nasdaq were facebook, broadcom, and tesla. reports that u.s. and chinese negotiators may link the size of tariff rollbacks to terms set during talks in may. i went head over to new york where bloomberg cross asset reporter sarah ponczek is standing by. are we ignoring the trade headlines? sarah: i don t know if we are completely ignoring the trade headlines, at least the good ones. that the u.s. is softening its stance, that did engage in negative outlook. take a day like yesterday, a bureau chief from cnbc noted that the tone in china is pessimistic. they were unfortunately seeing that the u.s. was not going to rollback those tariffs. focused on stimulating their economy. the s&p 500 information technology index hit a new high, apple hit a new high. the bad news, as yo
considers a doordash considers a listing instead of an ipo. we will hear from qualcomm ceo steve mollenkopf on the race to 5g. climbing to a record even as the dow sank following disappointing reports from retailers. some big tech names leading the way on nasdaq were facebook, broadcom, and tesla. reports that u.s. and chinese negotiators may link the size of tariff rollbacks to terms set during talks in may. i went head over to new york where bloomberg cross asset reporter sarah ponczek is standing by. are we ignoring the trade headlines? sarah: i don t know if we are completely ignoring the trade headlines, at least the good ones. that the u.s. is softening its stance, that did engage in negative outlook. , ae a day like yesterday bureau chief from cnbc noted that the tone in china is pessimistic. they were unfortunately seeing that the u.s. was not going to rollback those tariffs. focused on stimulating their economy. 500 information technology index hit a new high, ap
shares are down in after hours trading. we will have a report. and, libra grilling. facebook ceo mark zuckerberg is anticipated to face lawmaker questions on the social network s controversial cryptocurrency on wednesday. we cover what to expect. first, our top story. snap fell as much as 10% in late trading after reporting third-quarter earnings. the company reported revenue and user growth beating analyst estimates. it has been boosted by an increase in downloads to the revamped android version. but questions remain about long-term monetization. to break it down for us, i want to bring in jitendra waral from bloomberg intelligence. first let s talk about the third quarter, daily active users. i have a chart here that i am showing in my terminal. seems like those daily active users knocked it out of the park. jitendra: q3 numbers were pretty strong. it is the q4 guidance that fell short. looking at the backdrop here, the stock is up 154% year to date. the valuation, to susta
and, libra drilling. facebook ceo mark zuckerberg is anticipated to face lawmaker questions on the controversial cryptocurrency on wednesday. we cover what to expect. first, our top story. in latel as much as 10% trading after reporting third-quarter earnings. revenue and user growth beat analyst estimates. it has been boosted by an increase in downloads to the revamped android version. questions remain about long-term monetization. someone fromng in bloomberg intelligence. i have a chart here that i am showing in my terminal. seems like those daily active users knocked it out of the park. were prettys strong. q4 guidance fell short. the stock is up 154% year to date. evaluation, to sustain that valuation level, it fell short. the user number is the hardest one to really beat. everything else is in their control. monetization, cut costs if they want, but the user growth is the harder metric. the fact that they are projecting better than expected user growth in 4q as well, it
google doesn t want employees talking about politics, but federal regulators that you can prevent that. , we talked to two innovators changing the fertility and baby tech industries. but first, our top story. the trump administration is considering a new tactic in its trade war with china that would be a limited trade deal. on the u.s. side, that would be delaying or rolling back tariffs, and in return, commitments from beijing on ip and agricultural purchases. ,o discuss, is sarah mcgregor covering all things trade war for us. the markets on thursday seem to like the idea of a limited trade deal. what does it involve? mark one of the biggest breakthroughs in the impasse since may when the two sides had a deal in the u.s. accused china that reneging on those agreements. the u.s. would stop the escalation or rollback tariffs if china agrees to some fundamental reforms on ip, buying more u.s. farming goods. ,his could meet china s needs because their number one demand is the u.