No one knows them better than dan tillman. Plus, working from home, bitcoin and more. And demand for electric vehicles. We hear from the ceo. We have to get back to the markets. This is the top story of the markets ending the day near the session highs. Stocks tech stocks are ending high. President elect nominate janet yellen to be treasury secretary. So much news on the day. There is more positive news around vaccine. We have this big, cyclical valley. That brings another record high for the small caps. As you are pointing out, it has taken a few years for them to get a record high. Day, hitting the alltime high. The energy index is up. It will be interesting to see what is there and what happens in the future. Some are saying that the excitement around the iphone 12 is priced in and the buyers are stepping away. Nominate is likely to janet yellen, the former fed chair for treasury secretary. The markets took a move up. There was a moment where the s p 500 dipped ever so slightly. The
How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme all morning and theres been no sellers. One of the reasons theres been no sellers are the people who are now trading stocks in early hours have tremendous conviction in the face of being wrong its rather incredible because the hubris of these people they must think dow jones has a lot of money to it and it has to come out of exxon and into salesforce david, you have been at the forefront of the network in explaining the nature of the dow and you see this, too. Arent you shocked that even after w
Possibility china might make efforts to im pose security measures on hong kong has some worried especially in asia today. My goodness, thats despite the fact that we did actually get some we started with vaccine data driving the markets. Look at the rally on monday to start the week off of the moderna news you had those positive vaccine comments from dr. Fauci saying the data looked promising, but its being overshadowed by everything playing out in china, whether its the situation with hong kong and what is essentially being seen as something of a power grab through a National Security lens or intentions between the u. S. And china more broadly and some of the policies that weve seen start to come in this week as well its interesting to see in general how this week has played out in the markets because reopening from a week to date standpoint has really led the way here it is the russell 2,000, the small caps which are seen as a proxy for the reopening efforts now that we have 50 state
Content. Section 230 of the commune cases decency act has enabled that echo system to involve by giving online companys the ability to moderate content without equating them to the publisher or speaker of that content. Weve been able the creation of millions and billions of people to come together and interact. Today, this committee will be examining that world that section 230 has enabled both the good and the bad. Id like to thank the witnesses for appearing before us today. Each of you represents important perspective related to the content and the ecosystem. Ony of you bring up concerns this complex issue. I agree this is a complex issue. Regulate y should disinformation and hate speech. Like too many communities my hometown of pittsburgh has seen what unchecked hate can lead to. Almost a year ago, our community suffered the most deadly attack on Jewish Americans in our nations history. The shooter did so after posting antisemitic comments before finally posting that he was in. A s
Statement. Online content moderation has largely enabled the internet experience that we know today. Whether looking up restaurant reviews on yelp, catching up on s l on youtuber checking on a friend or loved one on social media. These are experiences that we come to know and rely on. And the plot form that we go to to do these things have been enabled the User Generated Content as well as the ability of these companies to moderate that content in creek communities. Section 230 of the Communications Decency act has enabled that ecosystem to does all. By giving Online Companies the ability to moderate content without equating them to the publisher or speaker of the content, we have enabled the creation of Massive Online Community of millions and billions of people that come together and interact. Today, this committee will be examining that world that section 230 has enabled, the good and the bad. I would like to think the witnesses for appearing before us today. Each of you represent i