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Far, but the lowest number of daily deaths for some time, Governor Cuomo saying 474 people died in new york in the last 24 hours. We have cases surging in italy, singapore, ireland. Treasuryetary of Steven Mnuchin says most of the u. S. Economy will be open by august. I want to bring in our markets reporters taylor riggs. Taylor, what is driving the rebound in particular today . Taylor markets are breathing a sigh of relief. We are waiting for the 480 4 billion stimulus package to go in front of the house. There will be signs of the flattening of the health curve we have been talking about, as well as earnings. Were getting back some of the fundamentals, and Oil Rebounding after six Straight Days of losses, so mark is taking a sigh of relief. Look at the stocks withi ....
The twitter ceo is set to spend half the year in africa. Plus, we speak to the u. S. Deputy assistant secretary of state for cyber munications and communication policy for an insiders view of the u. S. Versus huawei. First, major changes happening at alphabet. N are page and sergey bri both said to be stepping down with Google Ceo Sundar Pichai set to take over that position. The ceo ofai will be google and alphabet. Page and brin will remain on the board. How big of a surprise was this . Aickly pretty bigs up pretty big surprise. There were questions of how much longer sundar might want to be ceo of google. Google is under a massive amount of scrutiny. He has a lot of things to juggle. There have been internal protests. This really was a surprise where basically he is able he has had to deal with all these things and he will be back dealing with all of the other things happening under the alphabet umbrella which include ....
What this means for his role at the social network as well as square. Plus, we speak to the u. S. Deputy assistant secretary of state for cyber munications and communication policy for an insiders view of the u. S. Versus huawei. First, major changes happening at alphabet. Larry page and sergey brin are both said to be stepping down with Google Ceo Sundar Pichai set to take over that position. Sundar pichai will be the ceo of google and alphabet. Page and brin will remain on the board. How big of a surprise was this . A pretty big surprise. There were questions of how much longer sundar might want to be ceo of google. Google is under a massive amount of scrutiny. He has a lot of things to juggle. There have been internal protests. This really was a surprise where basically he has had to deal with all these things and he will be back dealing with all of the other things happening under the alphabet umbrella which includes ....
An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. John we are playing the long game. We see this as building millions and millions of subscribers around the globe in the coming years. Now we have the money to do that. We are fully funded after todays primary, so we are feeling confident. Jason when you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Or if there was one ....
First time in 15 months. Is the latest bitcoin bump here to stay or just another bubble . The clock is ticking on President Trumps next round of china tariffs. A proposed new wave of tariffs set to go into effect as early as next month end half of those and half of the 300 billion of targeted goods are tech related. A new article details how chinas Tech Industry is mostly insulated but there is one area where it is still dependent, very dependent. The semiconductor chip. Over the last decadeplus, china has seen a surge of chip imports that surpasses 300 billion. To further breakdown the effects on tech in both countries, we have bloomberg techs ian king, who covers the chip industry and the coauthor of the aforementioned article. Also with us, global Senior Editor brad stone. Chinas greatest reliance is on semiconductors. ....