But is the custom sound System Company showing trademarks of a takeover . We will talk about the survivability of upstarts in the big tech era . Breaking news. U. S. Treasury has named no currency manipulators in its fx report, effectively taking china off of being a currency manipulator. Again, the u. S. Treasury has named no currency manipulators in its foreignexchange report. We know that china was put on that designation list in august, being removed today. I want to get back to our top story. It is all about earnings season here. The big banks set to report earnings this week after having spent billions on technology in 2019. That could be bringing a big change to the bonus culture as traders are being forced to unlearn some of their most basic assumptions about making money. Joining us, our Bloomberg Finance reporter. What are we learning about unlearning the bonus culture on wall street . What we are unlearning is that bonuses or maybe a thing of the past. In the past, traders w
We will be asking if the company can find a way back. Sophie and economists say we may be entering a period of peak dovishness. Posse shares opening flat after following the most on wednesday. We are keeping an eye on a weak Earnings Report as well as Oil Companies with brent extending declines and opec not pushing for deeper supply cuts. The chairman spoke of caution in the short term with capex below 8 million u. S. Dollars for 2020 and 2021. Checking on the aussie dollar, treading water near a oneweek low while aussie bonds are gaining ground on a possible delay to a u. S. China trade pact being signed. Futures pointing lower after japanese shares ended wednesday flat amid signs of overheating. Breaking news crossing the bloomberg on google, google said to be mulling changes to political ad policy, this coming on the back of twitter saying it is voluntarily suspending political adverts on its platform. Facebook on the other hand really more embracing it. Google now said to be mullin
We hear from an essential figure in that period. Tesla owners are talking in part to a bloomberg expansive study, thousands of model three owners. We examine whether parts and to parts. Re up Twitter Announces it will stop all political as on their platform, with the ceo saying it is not about free speech, it is about paying for reach. The sentiment was not echoed by facebook. They reported earnings and reassured their stance when it comes to political ads. Brandcebook ceo stayed on during the Earnings Call. I expect this will be a very tough year. We try to do what we think is right, but we will not get everything right. This is complex stuff. Anyone who says the answers are simple has knocked out long enough about has not thought long enough about the nuances and challenges. I get that some people are going to disagree with our decisions and think they may have a negative impact on things they really care about. But i dont think anyone can say that we are not doing what we believe or
Reach. And the u. S. Government says russia, china, and iran will seek to meddle in elections going forward. How vulnerable are we . We get to opinions from ethical hackers. It was a week of reckoning for uber. They posed selling restrictions for early investors lifted wednesday, making it one of the most actively traded stocks shares some record lows, not a good look. The stock is down 40 from its debut. For some perspective, i caught up with guests. A lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think soft
Service becomes available. In the u. S. Government says russia, china and iran will seek to meddle in elections going forward. Ethicalpinions from two hackers. Company selling restrictions for early for early investors. It is not a good look for the largest ipo. With up a lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think softbank, who owns about 2 million or so of the shares, are selling any time show soon. They are pretty bullish on rideshare and have a number of investments. But the founders of the compan