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all. let s get to it. we kick things off from a monster move from microsoft. they are surging josh lipton is fresh off the call what s the news here we have microsoft executives talking to analysts. cfo amy hood saying commercial cloud 16.7 billion with growth accelerating calling that an overall p.c. market that was stronger than expected the ad market showing improvement of course benefitting search and linkedin. in broad strokes we re seeing a new age of digital transformation and microsoft is powering that with the cloud platform and investing to bring more customers going line by line linkedin revenue up 23% and record levels of engagement. teams 60 million daily active users on mobile alone now and gaming surpassed 5 billion in revenue for the first time the launch of the new console was the most successful. we re gaining console share. did you say 60 million daily acty users on mobile alone 6-0? he did talk about teams and gave that stat 6 0 million daily a ....
california congressman brad sherman chaired the hearing. the subcommittee will come to order. without objection, the chair is authorized to declare a recess at any time. the full committee not on the subcommittee are authorized to participate in today s hearing. members are reminded to keep their video function on at all times. members are reminded that they are responsible for muting and unmuting themselves and to mute themselves after they re finished speaking. consistent with the regulations accompanying the resolution, the staff will mute members and witnesses as appropriate when not recognized in order to avoid inadvertent background noise. members are reminded that all house rules relating to order and decorum apply to this hearing. this hearing is entitled insider trading and stock option grants, an examination of correspondent integrity in the covid-19 pandemic. we know that we have votes on the floor. we will not have any further delays of this hearing in ord ....
second highest rate of cases in the world and supply of protective gear was uncertain. some estimated supply would run out in a matter of days. use the defense protection act to leverage the equipment to keep fighting the pandemic. using the dpa is crucial in our fight against covid. however, i was just as surprised as many of us when the international development finance corporation announced they would issue their first dpa loan to kodak to produce pharmaceutical components. the dpa is finally being utilized but to a company that only just recently left bankruptcy with no proof of success of pharmaceuticals, being trusted with such an important task. frankly it s not a joke. kodak ceo purchased shares of the company, leading up to the announcement and received 1.75 billion stock options from the kodak board the day before the announcement was made. these stock options may have been worth as much 50 million just a few days later. a letter from the committee to the s.e. ....
a lot of the focus is on the tension in hong kong and what that means for european stocks. you can see a shift to the downside. pound is your time to figure out whether we will see a deal or not. the dup is pushing back on what was optimism in the markets. the u.s. 10 year yield is at 1.72. to a chiefwe speak executive. they have a new way of looking at risk, don t miss that interview at 11:30. let s get straight to first word news in new york city. ohio, joe biden defended his son against donald trump s attacks and elizabeth warren faced criticism of her how she would pay for her vast government programs. but the democratic candidates reunited on one thing, the need for an impeachment inquiry into president trump. president mounting on and kara ankara. they face sanctions and accusation of war crimes. moscow says the operations are quote unacceptable. a former pentagon chief says that recent actions could lead to a return of the islamic state in syria. surprise injec ....
treasury yields. can a speech maintain the momentum? two deutsche bank puts traders in the firing line. and a different timetable paris the opposition party attempts to outmaneuver boris johnson by pushing for a general election. reiterates hester does not want a brexit delay. of further delay? i think it is pointless. than half an hour this moment. you can t have missed the jump in yields. this is a look at 10 year yields. we are up to 1.58 percent. at one point the session before yesterday, we were down to 1.45%. in yields. the 30 year. the german 30 year, weekly turning positive. a global bonds selloff. the question is has the bubble burst? rebalancing? take a look at futures. after the gains we saw in equities in the u.s. yesterday and overnight, the question today will be, was that irrational exuberance? dax futures unchanged. of 0.2%.res let s go to the markets right now. the managing editor in singapore. there was a call on where he has tweeted, markets may be ....