Wednesday and this morning, dow indicated down about 170 right now. S p down 21 and nasdaq down by 58 just 4. 5 from its alltime high more about what it has been doing well the nasdaq 4, 6 or whatever you dont call it the nasdaq 100. It is concentrated i heard Brian Sullivan saying early that of the nasdaq 100, that 35 of those companies are trading 10 higher or more for year to date not the full year but year to date what weve seen this year broadening out a little bit there is the big chetech and the big tech that seems to be well suited for what we are all doing. Not a total surprise oil hasnt hurt either remember, it was the may contract when it expired at the end of may something theyve never seen us before wti back up to 34. 07. That tells you what people are anticipating it has rallied 70 and only at 34. Right tells you a little about what is happening here also take a look at treasury yields we are around 21 for the 10year. 10year at 0. 664 . Andrew thank you, becky lets bring
16. It is not letting up with the cycloned bomb getting ready to hit the east coast with snow and high winds. More than 2000 flights have already been canceled. This is bloomberg. Im Alisa Parenti. Bloomberg technology is next. And thism emily chang, is bloomberg technology. Tesla struggles to manufacture for the masses, pushing back a crucial Production Target. Plus, blackberry Ceo John Chen joins us to talk about the companys partnership with baidu and its push into self driving cars. Hasssaging app used in iran been blocked as a wave of antigovernment protests sweeps through the country. How social media is shaping the sentiment. Tesla has pushed back a Production Target for its allimportant model 3 yet again, after shipping fewer cars than expected last quarter, shedding more light on elon musks production hell. They expect to hit 5000 cars per week to the second quarter, delaying the goal by three months. Tesla trailed analysts estimates of just over 2900 units. Max, why are these
Is charged with Money Laundering and other counts. Authorities in ireland say an 18yearold Egyptian National is in custody after the stabbing death of a japanese man and two others. The attacks occurred just south of the border with northern ireland. Police believe the suspect had been seeking asylum in the republic of ireland in recent days. The death toll from the freezing temperatures across most of the country has risen to at least 16. It is not letting up with the socalled bomb cyclone getting ready to hit the east coast with snow and high winds. More than 2000 flights have already been canceled. This is bloomberg. Im alisa parenti. Bloomberg technology is next. Emily im emily chang, and this is bloomberg technology. Tesla struggles to manufacture for the masses, pushing back a crucial Production Target. Plus, blackberry Ceo John Chen joins us to talk about the companys partnership with baidu and its push into self driving cars. A messaging app used in iran has been blocked as a w
Intel discloses this week that most of the processes running the World Computers and smartphones have a feature that makes them vulnerable to attacks. As the largest chip acre in the world, the impact is farreaching. The next coming over few weeks and it sees no Material Impact to its business. Google says the issue affects other Semi Conductor firms. Microsoft, apple, and google says what we need to know. Outoogle researchers found that this might be a problem going back to the middle of last year. The idea was we get together, find a fix for this, then we put that fix in place, then we go and say, look, this is what happened. We sorted it out. Dont worry. Unfortunately, news intervened. People found up. They are now in a scramble mode. Found out. They are now in scramble mode. We dont know the impact they will have on computers. Are there any legal issues . Regulators might look at this and say, hold on, you have one or two companies where everything depends upon. Why are we giving t
Is there really investor demand . Intel discloses this week that most of the processes running the World Computers and smartphones have a feature that makes them vulnerable to attacks. As the largest chip acre in the world, the impact is farreaching. Fixes are coming over the next few weeks and it sees no Material Impact to its business. Google says the issue affects other Semi Conductor firms. Microsoft, apple, and google says what we need to know. Google researchers found out that this might be a problem going back to the middle of last year. The idea was we get together, find a fix for this, then we put that fix in place, then we go and say, look, this is what happened. We sorted it out. Dont worry. Unfortunately, news intervened. People found out. They are now in scramble mode. We dont know the impact they will have on computers. Emily are there any legal issues . Regulators might look at this and say, hold on, you have one or two companies where everything depends upon. Why are we