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Todays action dow gaining 140 and nasdaq surging 1. 71 the market reflected everything going right, but totally obscured everything going wrong. Its a tale of two cities. It was the best at times and worst at times but on up days, we focus d on the best and ignoe the rest what do i mean lets start by going over the winners today to see what they are trying to say. You have to define them. They speak to you. The stars of reteail tell the story. The most important winner is amazon this morning, analysts who missed nearly the whole rally here took the recent pull back as an opportunity to upgrade it was very significant. I liked everything in the support from approval to the patience you see, he waited for a double digit decline before he pounced. Most people were flying. Not him. I like that. In recognition of the incredible strength with rapid delivery and the fly wheel approach he says buy amazon is there anything in this note actually, yes. You can make the same arguments about amazon ....
Fundamentally open source we are going to try to find we are trying to find alternatives to that platform and the support we get from google would prefer to work with google as the 2nd number 2 manufacturer in the world behind Samsung Samsung and while we are major users of the enjoyed platform we think its a Good Platform we think it provides trust were not sure exactly how things are going to work out but weve sold weve shipped over 240000000. 00 smartphones this year about 26 percent over last year so while there may be an impact on our growth in revenues perhaps as much as a 10000000000 dollar reduction in growth were going to make more money and were going to do fine the question of whether the American Companies are going to do fine if they can no longer sell the waterway is another question how were you able t ....
Everyone. Indeed, im Ashley Webster in for stuart today the. The of course, inflation in the spotlight. The Consumer Price index coming in hotter than expected, 3. 2 or yearoveryear, on the plus side. Markets initially dropped on those numbers but now recovering quite nicely, thank you very much. In the premarket the dow, s p and nasdaq all moving higher. The nasdaq up nearly 100 points. Meantime, bitcoin takes just a little bit of breather after another record run yesterday. Down about 500 but still above 7 2,000. 72,194. Lets take a look at the enter rates. The 10year yield. We always, of course, like to keep an eye on this. Moving up ever so slightly, just a little more than 2 bay basis points, 4. 11 on the 10year. Lets take a look at the 2year which i believe is also, or was earlier, edging up slightly, and it is up, 4. 55 . All right. A lot happening today on the politic ....