Were at post nine morgan and john have the morning off. Interesting setup here were approaching nasdaq 9 k very quickly tech, the best performing sector for the year hitting a fresh record high this morning joining us to day with his top picks in the sector for 2020 is our lead internet analyst. Mark, happy holidays good to see you. Good to see you, too. I want to get right to the large cap longs for next year. Uber is number one then you have two, three, four talk about it. Yeah. Im going to pitch it. Uber is the facebook its our facebook for 2020 it turned out of all the stocks, facebook is the best performer in 2019 because it whats so dislocated at the end of 2018. A lot of controversy around it i think thats exactly the setup or similar to the setup on uber now. We like it we think well see a clear path to profitability i think well see sustained growth in the ride sharing business and if they can fix that eats business, thats going to surge the outperformance and cause the outper
He is not banning politicians from lying in as. They are banning political ads of all ties. Tristan harris talks about the sooner than you think event in new york. His thoughts about humanity and ai. Apple shares are rising after reporting its fourthquarter earnings. Apple has be across the board. Is a Significant Development for apple despite some sputtering iphone sales. To break down the report, i am joined by our analysts. Let me start with lee. What is your take away with this . Lee weve seene have seen this upward movement. It is not a surprise. De, this wasces si a really large beat. Obviously, the guidance for the Holiday Quarter was really good. I want to put that in context. When you look at the i phone numbers and when you look at the expected revenue numbers, the midpoint of that guidance number for the Holiday Quarter is about 5 billion below the alltime high. Business,f apples they will be a smaller business. The financial is asian has led financialization has led to this
Zuckerberg would not. Twitter is banning political ads of all types. We have details. Googles former head of design ethics talks to bloomberg from the event in new york. His thoughts on to knology, apple has beati across the board, topping estimates from both last quarter and next quarter. This is a significant accomplishment for apple despite some sputtering iphone sales. To break down the report, i am joined by our analysts. Let me start with lee. Broadbased beat, what is your take away with this . Thatit is not a surprise the stock had performed pretty well coming into the report. Especially on the Services Side of of this was a pretty large beat. That and the Gross Services number was pretty unexpected. That and the guidance for the Holiday Quarter was pretty good. Look at the expected revenue numbers, the midpoint for the Holiday Quarter is about 5 million below the alltime high, which was last year. In terms of apples business, they will be a smaller business. The financializatio
Point gain in the dow jones industrials, which puts that not too far away from record territory. We can do that like this in this kind of market. Blake burman at the white house to sort out rumors, everything here. Bottom line, markets propelled own the belief, were closer to something, setting a framework for something. I give it to you. Reporter neil, this is one of those days where you have to separate, put in one bin, what weigh know. You have to separate, put in the other bin, what is out there being reported in the trade spaces, maybe potentially a possibility. Lets start with what we know, which is the act of goodwill, as it has been seen by china and what the u. S. Is describing it as, delaying tariffs increase from october 1st, to october 15th and apparently an ag buy from china, will come with it as well. This is what a spokesperson for the Commerce Ministry said today. Quote we welcome the goodwill by the u. S. So far as i know Chinese Companies have begun to make inquiries
Commissioner chow helped with improving the health of asianamerican Asian American Pacific Islanders were honored to have among us and acknowledge the contributions this month and with that, Vice President guillermo will read the land acknowledgement. Thank you four ad litem the Asian American Pacific Islanders Asian American Pacific Islanders heritage month. Unceded ancestral homeland of the ramaytush rahmytoosh ohlone olonee who are the original inhabitants of the San Francisco peninsula. Responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. Elders, and relatives of the Ramaytush Ohlone community and by affirming their sovereign rights as first peoples. Thank you so excited the apa Hydrogen Month i forgot to ask you to call the roll. I was going to do that. Commissioner christian present and commissioner giraudo present. Vice president guillermo and commissioner chow 2. Approval of the minutes of the Health Commission