Amazon partners with an old text stalwart. That is blackberry. How they plan to revolutionize tech. Those stories in a moment. The u. S. Stocks posting another record high amid news of new stimulus talks. They are progressing with a plan to pass by the weekend. Abigail doolittle has more on that. Also, i know you have been following the latest Earnings Results out of snowflake. Shares down after hours a bit. This is a big test for them after their blockbuster debut. Abigail it is. Lots of big movers relative to earnings after hours come snowflake being one of them. With snowflake, what you are referencing is that huge ipo, biggest ipo of the year back in september. This is their First Quarter as a publicly traded company, so they are finding out what it is about to these shares are absolutely plunging in the after hours, down 19 . This is an Application Software company, up just 37 year to date. They have struggled a little bit, and in this quarter they posted a wider loss than expecte
Road cbs and viacom finally inked a merger deal. We speak to buy comes a ceo about synergies and the road ahead. And chinese Online Retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ideas with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three Mass Shootings in the united states. Cloudflare stop providing services after el paso, texas, less than two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate, though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been some sources who were askin
About synergies and the road ahead. What slowing economy . Chinese Online Retailer alibaba defies the slowdown of missed a amidst a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ipos with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three separate Mass Shootings in the united states. Cloudflare stop providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . I discussed it with Liliana Baker and will curtain. Like many other tech ideas, ipos especially in software, it is not profitable. It has a pretty good growth rate though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been s
Emission said they will break up the tech company. Get ready for things to get messy if he tries to be u. S. Stocks suffering another the selloff in treasuries. Surging as mountain signs of an economic slowdown still fears a recession. The s p 500 has big tech driving the losses. , amazon allsoft closing deep in the red. It has gripped the index since President Trump rekindled the trade war with china at the start of august. The s p 500 has gone 1 for 11 straight sessions and is now down 6 from a july record. We are joined by our Bloomberg Cross asset reporter in new york. A lot of bond buying today. What does that mean for tech . Longerf you look at dated bond yields with 30 year sawing to a record low, we a yield curve inversion between the two year treasury yield to a 10 year treasury yields for the First Time Since 2007. We were no longer in negative territory. We should mention that. That means for tech going if you think about the high data areas of the market, tech is largely pu
What slowing economy . Chinese Online Retailer alibaba defies the slowdown amidst a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ipos with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three separate Mass Shootings in the united states. Cloudflare stop providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . I discussed it with Liliana Baker and will curtain. Like many other tech ipos, especially in software, it is not profitable. It has a pretty good growth rate though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been some sources who were asking me why cloudflare took thi