John kelly has denied reports of that the white house is planning to remove Rex Tillerson and replace him with cia director mike on pao. Global news 24 hours a day powered by more than 2700 journalists and analysts. This is bloomberg. Emily i am emily chang, and this is bloomberg technology. Coming up, the bitcoin waiting game. The ceo gives his take on the volatility of the worlds most traded cryptocurrency. Shines onspotlight google. How will big tech respond . And a if i front ai at the front lines. How machines have affected social media. Inhnology stocks rebounded thursday trading from the worst drop in more than a year. While the nasdaq is recovering, the dow staged the third triple digit gain in a week. Where are we in the market cycle . Our equity strategist joins us from new york along with our guest host for the hour, david kirkpatrick. Gina, i will start with you. Where are we . You said these stocks could be subject to rotation risks at the end of the year. Is that what we
But it will buy more time for negotiation with democrats on a longerterm funding plan. Donald trump will deliver his first state of the Union Address on january 30th. Paul ryan formally invited him today. He called it an opportunity to lay out the work that needs to be done for the american people. John kelly has denied reports of that the white house is planning to remove Rex Tillerson and replace him with cia director mike on pao. Global news 24 hours a day powered by more than 2700 journalists and analysts, this is bloomberg. Mike on pao. Emily i am emily chang, and this is bloomberg technology. Coming up, the bitcoin waiting game. The ceo gives his take on the volatility of the worlds most traded cryptocurrency. Plus, the spotlight shines on google. How will big tech respond . Ai at the front lines. How machines have affected social media. Technology stocks rebounded in thursday trading from the worst drop in more than a year. While the nasdaq is recovering, the dow staged the thir
Coalition that will act together in syria. The u. S. Loses a key ally. A major setback for president obama. British lawmakers have voted against military intervention in syria. U. N. Investigators are expected to leave saturday. Without question congress should vote on this. The nfl has agreed to pay 765 million to settle a lawsuit over concussionrelated injuries. Most of it is compensation for retired players who suffered brain injuries. Everyone knew there was going to come a day of reckoning. The Justice Department announced it will not stop colorado or Washington State from implementing their laws to legalize marijuana. Marijuana consumers can really sleep a little easier tonight. Fast food workers in dozens of American Cities walked off the job. Hold the burgers, hold the fries, make our wages super sized. Wild weather striking parts of southern california. Torrential rains caused mudslides and power lines. Two kittens shut down the new york city subway system for hours. They got
India. The ruby, best day in four years. Road map begins with the markets on the heels of that strong gdp number. Futures are higher although concerns over syria weighing on investors. Telecom deal potentially worth up to 130 billion. Weve got details and what it means for the sector. Shares of one retailer on fire this morning after reporting stronger than expected guidance last night. Were going to tell you which one that is. Lets start with the mark markets. Second quarter gdp revised up. Previously estimated, thanks largely in part to an improving trade picture. And claims down 6,000 to 331, signaling a slight slowdown on the pace of layoffs and worries about military intervention in syria. A lot of places we could go, jim. What is most interesting to you . Well, im glad you see that the gdp is finally keeping pace with what has been the jobless claims. I couldnt understand why our gdp was so low given the fact the jobless claims have been best in five years. That is a positive sto
A hospital system pushed to the brink by the Covid-19 pandemic is now confronting another crisis. Senior journalist Alex Spence highlights the impact it is.