Close today . You can take microsoft first, and whether its a referendum on tech itself . I think microsoft could be. I believe that one of the things we have accepted is a way from apple i listened to the great report on jamf, the new ipo from carl and jon. You have apple news that its doing very well, and that was, and then microsoft, and then we have this chasm before a lot of other companies. We feel that kind of covers everything microsoft does a lot of stayathome microsoft has the lawsuit filed against thoem against slack but most important, microsofts azure has been growing endlessly and fabulously a lot of people think faster than Microsoft Web services. If that continues, i think the stock goes higher. Pete, if this report comes in well, people will say thats why all that money had flown into tech to begin with thats why the mark is where it is if this number doesnt come up to snuff, people will say i told you, these stocks went too far too fast, and microsoft is case study nu
In march and april. Yeah, and, you know, the market if you want to talk about it being the index certainly is doing that its been steady naturally the most heavily weighted stocks also happen to be the ones that are in th strongest trends they are covering up for a lot of, i think, softness under the surface. Youre not seeing this latest push higher really have the participation of the airlines and all the kind of socalled epicenter sectors that now are under a little more question about a stutter step in the reopening process. I do think the market is trying to be rational about it. Its unclear what would stop these trends, why would apple and microsoft stop going up today when they havent stopped until now except the fact that the nasdaq does look really stretched once again compared to the rest of the market there does seem to be a little bit of frothy speculation happening in some pockets of this market but thats been the case periodically for the last several weeks i guess you wou
Crown prince discussed ways from prevent the war from escalating as the you and a best of demands secretarygeneral resign for saying the october 7 attack did not happen in a vacuum. Microsoft jumping in late u. S. Trading after the cloud unit is worth picks up steam. Rival alphabet sinking as they are offering lags. Bank earnings continued rollout. Deutsche bank meeting estimates where they spent finish pumping santander some better than expected thirdquarter net income. We will speak exclusively to the cfo later this hour. I want to get a recap on the numbers which is important when we look at Deutsche Bank. We are seeing estimates and they are kind of being met but you are not seeing much outperformance. This is stark contrast to what you saw with unicredit but thirdquarter net revenue is 7. 1 3 billion in the estimate was 7. 1 one billion. Pretax profit is 1. 7 billion euros. The estimate was 1. 6 billion. There 2023 Net Litigation charges are exceeding their 2022 levels as well. I
Guest well, its a great question and be incredibly topical given the wanna cry Ransomware Attack that is really zipping around the world over the last few days. The ftc is a generalized Consumer Protection enforcer and has also taken on the role of protecting consumer Data Security. And in that context, weve actually brought about 60 cases in the last few years involving whether security practices of companies are adequate to protect the consumer data that theyre holding. So weve been very active in crafting an approach to the security of consumer data that includes our start with Security Initiative and a process that we like to Call Security by design which is building the security principles all along the way. And as you can imagine, a very important part of that is making sure that youre updating software, making sure that you are continuing to maintain and protect against vulnerabilities once theyre disclosed and remediating when situations arise. Now, unfortunately, this Ransomwa
This week on the communicators we want to produce you terrel mcsweeny, the only democrat on the trade commission what is the charge of the ftc . The federal trade commission is the nations top Consumer Protection Enforcement Agency. We have a general mandate to protect consumers from unfair deceptive acts and practices from anticompetitive practices. Mandate is realtivelily broad. We cover many sectors of the economy but as im sure well discuss we have limitations to our jurisdiction, including around issues of common carriage. So were at a moment in time where the ftcs jurisdiction fccs sure disk is a source of conversation in this area as well. So, i would say the ftcs role is a generalized Consumer Protection enforcer but we need to have some jurisdiction when it comes to telecommunications clarified. Host commissioner mcsweeney, we had on chairman o the Top Republican in fact the only republican on the commission at this time. A fivemember commission. Why are we down to two . Well,