A new document released from the trumpet ministration is drawing criticism from china the white house publishing a National Strategy for critical and emerging technologies the plan claims to be a path for the u. S. To protect what it calls its Technology Advantage including Artificial Intelligence to quantum information from other countries in the document the white house says china is not only dedicating large amounts of resources in its pursuit to become the Global Leader in science and technology it is also targeting sources every United States and allied strength in 2017 china released a plan amy to be the world leader in ai by 2030 hoping to catch up to the u. S. By this year and now sweden and other u. S. Allies are backing away from by walk by products u. S. Has alleged the company poses security risks potentially being a tool in which beijing uses for spying but sweden is also home to ericsson one of wall weighs largest rivals Chinas Ministry of foreign. An affair spokesperson
Revenue the u. S. Is reportedly giving brazil incentives to block wildly from the country officials from the Export Import Bank of the United States signed a memorandum for financing up to 1000000000. 00 analysts say while wall way is exploding in china its International Hurdles will make it difficult for the Smartphone Company to remain number one its still them in the 2nd quarter being up there as one of the leaders on a global basis in phone sales but outside of china its become very difficult not only because of the fact that there are sanctions in place but because of the fact that people are losing confidence in the huawei brand over the weekend china adds export restrictions to its set of laws the legislation is set to go in effect december 1st aims to protect National Security the lot may impact Foreign Companies doing research in Mainland China this includes alphabet which has a Google Research lab in beijing on the heels of releasing this new. From thursday some analysts say
With a lot of money and left others pulling the bag but we did not pound the table on the network for either of those people. Somebody else did though. Always. Very enlightening. At the moment we are looking at stocks mixed in this final 59 minutes of trade, we are going to get to the markets we are getting breaking news on the maui wildfires right now. Thats evacuations of the Hawaiian Islands in kenya in the last 24 hours alone, 15000 people flooded the airport to flee for major wildfires that have been raging since tuesday. Hawaiian airlines on southwest out of place to help evacuate both residents and tourists. Southwest dropping prices as low as 19 a ticket on its oneway flights departing now is airport for honolulu we should let you know the latest death toll jumped to 55 now but it includes bodies found only outdoors. 80 of buyers have been contained the risk of wind reigniting. Authorities have not been able to safely search Building Structures for victims so the death toll cou
Macro picture is not looking good today. You get the costs of labor the moment coming in higherthanexpected and overall confidence from the consumer plunging. Meaning that we are not looking pretty heading into a Federal Reserve meeting that its tomorrow. The 10year yield is pushing higher, of course, with borrowing costs rising. Thats usually the trend. The dollar, stronger versus the yen, a complete verse from yesterday, it looks as though japan indeed had intervention into the markets to try to prop up again. Weaker against the dollar, bitcoin along with other risk assets on the downside, 60 1000 wrapping up to be a poor month of april, the worst since the ftx scandal, down some 16 and seeing a pretty poor month for stocks overall, nasdaq having its worst month since october. What do you think of the micro . Ed a lot going on, real quick, tesla is down. Mondays session, biggest jump since march of 2021 on fsd. We will dig into that later. Amd after the bell, how well above or below
Thanks ge aside, its rally on, garth the dow and s p up again today what correction . Because at session hides, the nasdaq wiping the 7 a 5point loss from the february 1st close to the february 9th low . Off the books. Stocks may be being po receding a bit today as many of you listen on this sirius xm, this is for you, shares up after more than a decades. The barrons article, this is cooler than the lithium channel. Bobbi sani is on on the floor of the New York Stock Exchange hey, bob. Hello, contessa we are seeing some nice moves up, near the highs of the day. I just want to point out this is the second day in a row we moved up. This is opposite of earlier last week when we went down in the middle of the day. So s p is sitting near the highs second day in a row. Theres three things that are happening. First, we are healing fast we moved down 10 . That second circle there is the bottom on the ninth we havent seen this in a while about amazon, netflix, adobe, and jpmorgan with a 52week