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Theirx joins us to share answer to the new competition. And, the bitcoin rarely continues but for how long . But first, tech shares leading the market higher as more covid Restrictions Mean more staying at home for the foreseeable future. Scientists are making to make advances on the vaccine front but there is still a long winter ahead. Joining us now, Abigail Doolittle taking a look at the Market Movers of the day. Lots of conflicting strands here. How did at up did add up . We had the bearish news yesterday about Public Schools in new york city closing server restrictions on the biggest schools in the u. S. Stocks yesterday sold off. Today . Not so much. They were basically flat on the day. At the end of the day, the nasdaq 100 climbing by three quarters of 1 ....
Thank you had Industrial Production numbers as well and investment rose faster than expected. Oil demand is suffering a fresh blow from a resurgent of the pandemic keeping frustration on opec members as they prepared to meet this week. It is 8 00 a. M. Across the emirates. Got quite a rally. Futures. E, u. S. Equity not a lot of Economic Data expected in the coming days. A lot of the focus is going to be on the raging impact of the coronavirus not just in the United States but beyond. Percent higher. Morgan stanley joining Goldman Sachs in pinning a positive outlook for equities. Their base case for it to reach 3900 by the end of 2021. 10yearyearolds yields at a dip it gave it a few goes. Fews going to go be a pesky trading sessions. Bowe bergdahl are down. 25 p ....
Market share, buyers trade in bmws and toyotas for teslas model 3. More on bloomberg surveys. More on elon musk had car. First, to our top story. The launch of disneys streaming was streaming service was met with some technical glitches and crashes, but still, disney plus generated excitement and buzz all over social media. Adding to the continued streaming wars. For more, we are joined by Rick Springfield and bloombergs lucas shaw. Who covers the streaming wars for us. Are the technical glitches perhaps a good sign, showing that demand exceeded expectation . Rick honestly, i have no idea. The reality is that technical glitches are sort of commonplace in big launches. You have seen it with hbo and game of thrones. You never like to see these things, its unfortunate for disney. Maybe it was demand driven. Who really knows. It is irrelevant in the scheme of this is disneys longterm strategy. Bob iger has thrown down the gauntlet. ....
The ceo says it is part of the plan. He tells wall street to look for the long game. And, many state and local elections are taking place tuesday. In our electioneering series, we examine free speech versus falsehoods when it comes to political ads. To ban or allow . It is pitting facebook against twitter. First, uber tanked on tuesday after failing to prove itself to wall street. While the ridehailing app is projecting profitability by 2021, it did just not seem to be enough. Shares hitting a record intraday loss. The reported a rocky quarter on for more, i want to bring in an monday. Mkm partners executive director. Walk me through the share price action tuesday. What is your take . Thank you for having me. I think that what uber did was, i had of its ipo lockups ahead of its three ipo lockups, they should have reported a good quarter but they reported a mixed quarter. They had higher take rates which led to a beat in revenue. It was a mixed quarter. Ahead of lockups, investors are n ....
President joins me. His new venture. Lets Consumer Shop at home. And, the head of colibra, david marcus, joins us for an exclusive interview. We will hear from him live. First, our top story. Wework continues to captivate wall street and investors. Exploring options for easing weworks cash crunch. News trickled out that the Coworking Company lost its comedic asians officer who resigned last week. With more on the continued turmoil at wework is bloombergs leona baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the wework situation. We have two new ones hired today. Softbank is working with houlihan lokey, restructuring specialists. Invested 10 billion in we work over the ....