It is down 20 again. The s p is down 26. The nasdaq is thinking onto a onepoint game. Qualcomm is down 9 after a disappointing Fourth Quarter. There is a slowdown in smartphone demand. Expedia had bookings falling short of high expectations. And we are watching the yield. The 10 year is up 4. 19. It is starting to get back near those october highs, which Rick Santelli warned us about. Lets get back to mr. Santelli. It is the chatter today, rick . The chatter is that there are some issues. Whether it is how much the markets move. Consider this. The fed raised rates a quarter point on the 26th. On the 27th, we had the gdp much smarts stronger. It is virtually unchanged, but it moved about 30 points. The spread has gone from 100 to now under 70. This is huge. Many say, what is going on with the higher rates . Well, the biggest curve trade in history was the twos to tens spread. Now, youre looking at the other side of the mountain. If you look at tens, 4 1 4 on the 24th of october, high yi
From the bay areas local news station. Youre watching kron. 4 news at 6. Now at 6 we are feeling it warm weather, much of the bay area right now as high in the mid 80s area. That trend set to continue into mothers day weekend. And folks are definitely taking advantage of the nice weather. Heres a look at alameda beach today where lots of people got out to soak up the sunshine and relax a little bit. Thank you for joining us here. Maybe youre a taking a breather from the heat and watching us this evening. Im noelle bellow and im ken wayne. Join alongside our chief meteorologist lawrence summer officially here. Feels like about to 90s today and some of the valleys. I mean, we really watch these temperatures warming up outside. Now. High pressure sitting over head now and that ridge strengthen. But right along the coastline, we had enough of a seabreeze. We had actually couple patches of fog along the coast this morning, but weve got changes coming our way as we head into the holiday week
Cap names in the green today, including nvidia, back above 900 a share, 920 to be exact. Apple puts a touch lower after be Berkshire Hathaway cut for tax purposes, and strong day for uber, after the Company Holds its annual meeting. Weve given you highlights on this day, it does take us to our talk of the tape, the rebound, and whether you can trust it. Lets ask our panel, dan greenhouse with asset management, stephanie link, and steph and court are both cnbc contributors, everybody at post nine, having a little party over here. Steph, can you trust this bounceback . Its been pretty darn strong from the april intraday lows, s p up 4 , russell 2000 up 6. 5, nasdaq up almost 7. Earnings are coming through better than expected. Growth rate year over year is 7. 1 . If you exclude Bristol Meyers 12 billion charge that was 10 . No one was talking about 10 growth, why, because youre going to see the growth, because the growth is coming through. I know everybodys focused on inflation. I am too
Back it up, spending hundreds of millions of dollars on infrastructure around the world. Global news powered by 2600 journalists and analysts in more than 20 600 countries. From washington, im Alisa Parenti, and this is bloomberg. Emily this is bloomberg echnology. Bloomberg television and radio have been on the ground in boston showcasing diversity and power of the regional tech economy. Were joined now by Caroline Hyde at mass robotics live from boston. Take it away. Caroline great to see you, as ever. To wrap up our coverage in boston, we are focusing on the emerging Robotics Industry in the area. Massachusetts is home to more than 120 Robotics Companies in the area. The industry is growing, and so are its resources. E are here at mass robotics the nonprofit is dedicated to fostering young bostonbased robotics startups and keeping the talent in town. Is autonomous drone belongs to a american robotics. One full of it one of a handful of startups based here in mass robotics. Has a mai
Back it up, spending hundreds of millions of dollars on infrastructure around the world. Global news powered by 2600 journalists and analysts in more than 20 600 countries. From washington, im Alisa Parenti, and this is bloomberg. Emily this is bloomberg echnology. Bloomberg television and radio have been on the ground in boston showcasing diversity and power of the regional tech economy. Were joined now by Caroline Hyde at mass robotics live from boston. Take it away. Caroline great to see you, as ever. To wrap up our coverage in boston, we are focusing on the emerging Robotics Industry in the area. Massachusetts is home to more than 120 Robotics Companies in the area. The industry is growing, and so are its resources. E are here at mass robotics the nonprofit is dedicated to fostering young bostonbased robotics startups and keeping the talent in town. Is autonomous drone belongs to a american robotics. One full of it one of a handful of startups based here in mass robotics. Has a mai