We will have the latest on what might have caused the accident. Get ready for some crazy looking characters. Con get started today. We need to quiz Teresa Priolo once again. She is out there. And she is woefully inadequate when it comes to her knowledge of science fiction. He was doing a little eye rolling about whether i was legitimately sick on my extended vacation. We are going to everyone was doing and i roll. Juliet up by wanted to stay on longer why not just i do have that time. That is my question the judgment to understand this. All. Juliet thank you for being here, thank myself for being anniversary. Ben you leave and it is your now she wants to celebrate her anniversary. She couldnt just be making it up. Juliet start samantha has kept track, she knows all, she is a wizard. Meteorologist i marked the occasion as well and guess what . It came up on my time hop, you know what that apps is . I am thinking about it. It had a picture. No one cares about your birthday, two weeks ago
All closing at a record high on the same day for the first time in about 16 years. The big winners were energy and utility stocks. The nasdaq isnt taking part in the party at this point. If he check out the futures this morning, right now you see there are some red arrows. These are modest declines at this point. The dow futures down by 1. 5 points, dow down by 9. 5 points and the nasdaq down by 3. 5 points. Policymakers in europe are expected to stick with current plans keeps rates at record loys. But there is growing disagreement between ecb members and mario draghi. Here at home, two big economic reports to watch this morning. Both of them set to be released at 8 30 eastern time. We have weekly jobless claims seen at dipping at 285,000. Well be getting a first read on Third Quarter productivity and, andrew, ill send it over to you. Lets talk about some Corporate News this morning. Tesla posted better than expected Third Quarter results. Those results driven by record deliveries, but
Amazon Ceo Jeff Bezos has a wide variety of investments and now hes betting on home renovation. He just sunk money into a seattle startup focused on making from projects easier. First to the lead. The top of a bubble is starting to gain speed again. Some are sounding the alarm. Startups are burning through way too much cash leaving many with multibilliondollar valuations. Andreessen recently tweeted when the market turns, and it will, many hibernate companies will vaporize. Andreessen is not stopping. Tweeting up a storm. Another man wrote on his blog that valuations can be fixed and you can do a down round, three or four but earn rates are exactly that, burning cash, losing money, emphasis on losing. Bloomberg contributing editor paul kedrosky, do you agree . Its hard to disagree with math. And whenever the market turns they will be vaporized. There are high burn rate companies. They are a perennial problem with bubbles coming and going. Josh, what do you think . When they talk about
Ceo john chen says the company is already planning a Second Generation of the phone. But will the passport be enough to turn blackberry around . We hear from the ceo himself. What is next for larry ellison, now that he is not oracle ceo . Could he be the next tech mobile to buy an mba franchise . He has tried before, and might have a new target in the mba hawks. To the lead, the talk of a bubble in Silicon Valley is starting to gain steam again. Some of the most respective voices in Venture Capital are sounding the alarm. They are warning startups are burning through way too much cash as they get round after round of funding, leaving many with multibilliondollar valuations. And reese and Mark Andreessen tweeted when the market turns, we will find out who is been swimming without trunks on. Comedies will vaporize. Companies will vaporize. Valuations can be fixed, you can do a down round, but burn rates are exactly that. Earning cash, losing money, emphasis on the losing. Are they right
And there are other startups io. E spotify and rov amazon Ceo Jeff Bezos has a wide variety of investments and now hes betting on home renovation. He just sunk money into a seattle startup focused on making from projects easier. First to the lead. The top of a bubble is starting to gain speed again. Some are sounding the alarm. Burning through way too much cash leaving many with multibilliondollar valuations. Andreessen recently tweeted when the market turns, and it will, many hibernate companies will vaporize. Andreessen is not stopping. Tweeting up a storm. He rode on his blog that valuations can be fixed and you can do a down round, three or four but earn rates are exactly that, burning cash, losing money, emphasis on losing. Future bidding editor contributing editor paul kedrosky, do you agree . Its hard to disagree with math. And whenever the market turns they will be vaporized. There are high burn rate companies. There are a perennial problem with bubbles coming and going. Josh,