Potentially coming close to price later tonight. This could be the biggest ipo of the year but we are getting word that that also could be coming in at the lower range. It will be interesting to see what Risk Appetite is like or if it can be measured through what has been going on with these ipos. Taylor we are awaiting some earnings and starting to see Western Digital and a few others start to trickle out. I wanted to pose a question to dennis. You were talking about real rates being low and what that just your equity markets. Do you believe rates should be the slow and if so, what is that doing to an inflated discount rate and how does that translate into what should be effectively higher valuations or can you not use 50 basis points as a discount rate because it is not feel appropriate . How are you thinking about that . Points i think 50 basis is a fair discount rate if you have a global savings. There seems to be a desire for Institutional Investors around hold risk. O that is bec
Unstable conditions brought record rainfall to the prefececture on tuesday. The river overflowed its banks late tuesday and early wednesday. The a agency and the land mininy are calling o on residents to exercise maximum cauaution a an stay up too datee on lococal evacuation information. The risk of flooding is extremely high in other places along the river where water levels may stillll be rising. If flooding has already begun, people are advised to seek shelter in sturdy buildings nearby or on the upper floors of their home. Unstable conditions are forecast for wide areas of the country on wednesday. Eastern japan and northern kyushu could see localizeded downpours. The Meteorological Agency is urging people to stay on the alert for mud slides, landslides, and gusting winds. The coronavirus continues to spread a across japan. Nearly 1,000 cases were reported on tuesdsday with several prefectures reporting new daily records. Translator weve confirmed 155 infections. The number shows t
Denny, welcome good to see you. Thank you for having me appreciate it. Weve got about a hundred s p names on the tape so far for the quarter and in tech, at least, if you strip out netflix, what has there been to complain about, really . There really hasnt so far. You know, the numbers, particularly if youre focused on companies with Long Duration competitive advantage and you would highlight over the last couple of weeks, weve seen microsoft, for example, put up exceptional numbers, as the cloud transition continues and azure continues to ramp and you know, its just amazing, if we think about the numbers there of their commercial Cloud Business, which is effectively the size of Amazon Web Services. Its a different kpocomposition, mix of business. But both of those businesses are growing 40 at 40 billion annualized its pretty remarkable numbers so, you know, a great area to continue to be in. Microsoft, you know, still trades at, you know, an evaluated but reasonable valuation. Asml pu
Your life, your future now becky quick. We begin with the Summer Travel season. Its in high gear. And americas roads and bridges are at a low point but when theyre fixed, they may be a lot smarter than they are now and that will make them safer, too as we found out in our cover story. Our roads getting a d on the most recent report card our Transportation Network is slowing in some ways, our economy and making it less efficient. The estimated impact by 2025, more than 2. 3 trillion in Business Sales lost. More than 1. 2 trillion in lost gdp. The nation eas bridges gettingc plus the study estimated there will be a funding gap of more than 1 trillion by 2025 half the money needed to fix our roads and bridges. And taxpayers will likely pay for problems one way or another. Motorists on average send 600 a year on additional maintenance on their cars because of poor road conditions. Reporter drivers are expected and preparing byline the the roadway fiber optics and building a wifi highway th
Watch out. Euro stress tests out this weekend. Information starting to trickle out. This could have a big Market Impact later today and into monday. First to sue at the nyse. As you mentioned we start with ebola coming to new york city. Meg terrell is at Bellevue Hospital where the patient, dr. Craig spencer, a doctor who returned from treating patients in africa is being cared for. We want you to weigh in. Should rules be stricter for people coming into the u. S. Who have had contact with ebola . You can go to cnbc. Com vote. Reporter hi, sue. We are just getting details from a News Conference going on with mayor bill deblasio now. We learned dr. Spencer is in stable condition and is talking on the cell phone. That is all we know about him right now. Health officials are reemphasizing that there is little risk to new yorkers. Out of an abundance of caution they are tracking everywhere dr. Spencer went since he started to feel sluggish. Yesterday morning he began to feel feverish. We k