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Waste. Thats why the tech heavy nasdaq rallied when the dow tumbled 226 points and the s p 500 back slid sure, the tech titans respect crowing about it, that would be in bad form. But when you look at their numbers, versus the economy, gdp down over 9 in the Second Quarter, lets call that the worst ever, with 17 million continuing jobless claims. It feels like the old economy is lost the house of pain is the new companys gain. The house of pleasure at the very least, the cloud and communications have gotten a massive windfall here. Digitization pulled through by two, three, four, five years look at that 7. 4 billion revenue amazon reported. Theyre like the amazon mint, because people dont want to put themselves at risk bishy shoppig in person. Amazon is the answer to the pandemic every day some pundit comes out here and argues that the Federal Reserve is propping up the econ ....
7 billion flowdan to Crypto Assets last week we will discuss that with the delta plot we will discuss them in so much more throughout the hour. Lets get to markets, a hotter than expected cpi print that drove the narrative. In the equity space it was a negative reaction at first. We havent changed her mind about the idea that if a rate cut is coming from the Federal Reserve is not coming until june. We are now up by a percentage point and a lot of the legwork coming from the earnings story. Semiconductors higher. Even as you see rates creep i. The 10 year yield was creeping up and bitcoin is down 1. 36 . Just above 71,000 u. S. Dollars per token. Talking about this upside and equities is probably oracle that accounts for that. The story, 20 5 topline growth in this cloud business. If you look at the analyst known there is an ai detail went. Lets get right to the conversation ....
Oh, baby let me be the first to say, greetings from asbury park, and new jersey [cheers and applause] up and down the state, from the shore to the delaware river. On the pine barrens to the sky lands, cities, suburbs, i have campaigned on one very clear pledge. Ive got your back. I said it in june, and i am so grateful to say it today. You have always had mine. [applause] tonight, we declare the days of division are over. We will move forward together. This is exactly who we are, new jersey. We have each others backs. To believe in each of us is to believe in all of us. 18 months ago i chose to run for governor on a belief that new jerseys best days are before us. That our future is unlimited, and that we have been failed by leadership that has forgotten what it meant to dream big. For 541 days we have asked new jersey citizens to join us. First, we did a whole lot of listening. Then we asked folks to listen to our ideas and to decide for themselves if they wanted to change the directi ....
Have orbited the earth. He died in december at the age of 95. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Amazon is ready for some football. It will take over for twitter as nfls streaming thursday night headquarters. Plus, the return of mcabee. Mcafee. It spins out as a Standalone Company once more. President trump is set to host chinese president xi jinping in florida. First to our lead, in an nfl showdown off the field, amazon has scored bigtime, winning the rights to stream thursday night football. It outbid other Companies Like facebook, twitter, and google to stream 10 of the leagues thursday night games. The prize did not come cheap with amazon payi ....
Have orbited the earth. He died in december at the age of 95. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Amazon is ready for some football. It will take over for twitter as nfls streaming thursday night headquarters. Plus, the return of mcabee. Mcafee. It spins out as a Standalone Company once more. President trump is set to host chinese president xi jinping in florida. First to our lead, in an nfl showdown off the field, amazon has scored bigtime, winning the rights to stream thursday night football. It outbid other Companies Like facebook, twitter, and google to stream 10 of the leagues thursday night games. The prize did not come cheap with amazon payi ....