Giving a lot of insight well be bringing you results apple, amazon, alphabet and facebook all report their earnings coincidence those four Companies Make up about 16 of the s p 500. Worth about 5 trillion combined and come a day after the heated antitrust hearing. Wolf, this is a good read in for you. For sure. There was meant to be three of those. Facebook got moved from yesterday to today after that hearing. After the close, we are waiting for two economic reports it is thursday, that means weekly jobless claims. Another 1. 4 million filed for the first time last week the first read on Second Quarter gdp. The economy likely contracted by 34. 7 . Both jobless and gdp due at 8 30 eastern time you look at those numbers down 34. 7 from the estimate we know it, weve been hearing from companies and what has been happening. Thats a lot of news to digest ahead of all of these reports. You are watching futures under a little pressure. Lets look at where things stand now. Dow down 206 points,
Petroleum output by nearly. 1. And the imf and the world bank prepare to meet amid the worst downturn since the 1930s. The new reality of economies, collapsing train and mounting unemployment. Shery lets get you started with the markets. U. S. Futures are higher after u. S. Stocks posted the biggest weekly gains since 1974. Nikkei futures higher half a percent as we had a closeout a twoweek high. Take a look at crude. We have the historic opecplus decision, finalizing record cuts of 9. 7 Million Barrels per day, the single largest in history. Wti is gaining ground. Mexico alsoafter joined the conversation and agreed to cut 100,000 barrels per day. We will have more coming up. That is right. After several days of the virtual talks, global diplomacy finally ended in a Historic Deal to cut oil output by nearly. 1 . Destroyed oil prices. President. Great to have you. Can we breathe a sigh of relief . The cuts that have been announced, if there is adherence to those, and we have additional
The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession since the 1930s. India is set to extend its current 21 date lockdown to the end of the months to allow more time to evaluate the spread of the infection. The Prime Minister said the government has adequate supplies of medicine and protective gear for frontline workers, adding that the next four weeks will be critical. The virus is ad social emergency. In hong kongals are facing a pay cut. Announced new stimulus. The additional spending accounts for double the projected government budget. The ph
Its the day that will define the democratic race for the white house and. 14 states get to make a better choice for who should challenge donald trump in the president ial election join us for americas super tuesday special coverage in my own aljazeera. There is a huge group of people at work behind our screens they called behavior architects persuasive designers or User Experience specialists and the power they have is massive that urge to keep swiping through a twitter feed thats designed the way we all click i agree to the terms and conditions that says im swiping left or right on tinder thats designed to. We live in an online world of someone elses making and most of us never even give it a 2nd thought and actually thats designed as well. San francisco its the mecca for tech designers Silicon Valley this place pioneered the art of constructing optimizing and enhancing a lot of the technology we use every day its turbo charge the speed at which we use the internet and made navigating
Paradise there is a glimmer of hope but the truth might finally see the light of day there is a huge group of people at work behind our screens their cold behavior architects persuasive designers or User Experience specialists and the power they have is massive that urge to keep swiping through a twitter feed thats designed the way we all click i agree to the terms and conditions thats designed swiping left or right on tinder thats designed to. We live in an online world of someone elses making and most of us never even give it a 2nd. And actually thats design is what. San francisco its the mecca for tech designers Silicon Valley this place pioneered the art of constructing optimizing and enhancing a lot of the technology we use every day its turbo charge the speed at which we use the internet and made navigating the way more ensuring but its also given us a full sense of security. But. Ive lost count of the number of times ive clicked i agree to get into a website we all have to do it