Univision so much to get to on this very busy day so lets get started and we begin where else but with the very latest on the coronavirus as that surge of new cases is rising outside of china were also seeing markets react very strongly kristie is the latest on that coming up in just a 2nd but right now lets take a look at the boom of new cases in south korea as well as iran lets start in south korea where virtually all of the new cases are connected to a mega church about 200000 people in fact about 60 percent of all south koreas cases of the coronavirus or link to the church of jesus where it apparently a 61 year old woman began transmitting the virus its not clear how she became infected but now south korean officials have announced that they will test all 215000 members of that church south koreas number of confirmed infections has risen to 893 the largest number outside of china meanwhile iran is claiming that only 12 people have died from the virus. In that country that claim tho
Since 97. The apple surge on track for what will be the best yearly stock rally in a decade. The company is in talks to buy japans displays primary smartphone screen factory. And tesla on a tear shares climb to above 430. The automaker expecting a rollout the first china made model 3s on monday there seems to be no stopping the year end rally stocks are on track to hit new record highs nasdaq as we said in the midst of the longest daily win streak since 09 after closing above 9,000 for First Time Ever. Watching 3249 as we said but 3259 would give you 30 for the year we only had two years in the past three decades with a 30 gain. Yeah, i mean the pace in the last i would say past couple of weeks has been relentless, sellers staying out of the way that has created this incremental move day by day. I do think we have this unusual situation where the year to date numbers are i dont want to say skewed, they are what they are, but it gives a little bit of a different impression if you look a
Is a big reason why, bouncing back, 6 today, more than 6 as this rally picks up. Its about 15 to drop off in the last month or so. We will have more on that in a moment. Started the big deal if u. S. Steel sewing 30 , even though it rejected the takeover offer from cleveland cliff. Its unusual to see that kind of move. Whether this deal or a different one could be on the horizon for the original x, tyler. Stocks have been falling across asia. This is about real estate in china. Lets bring our friend dennis. He works with u. S. Companies doing business in china and has been warning about the troubled state of chinas economy, and this does nothing to improve that, does it, dennis . In part because real estate is such a huge percentage of the chinese economy. Tyler, 25 to 30 of chinas economy is real estate, so when you think about it, you take 25 to 30 of our economy, it went down, and how much that would be . You spoke about last week chinas really poor Economic Performance in q2. Ever
Island. President trump says it is the earliest he can visit without disrupting recovery operations. Hillary clinton says there is more than meets the eye regarding the relationship between president s trump and Vladimir Putin. Ms. Clinton i believe he has something on donald trump, or trump thinks that putin helped him so much that he is not going to turn on putin. Either is horrifying. Alisa you can watch the charlie rose interview at 10 00 p. M. Eastern. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang. This is Bloomberg Technology, live from new york. Coming up, google searches its search and shop playbook with less than 24 hours before the e. U. Deadline. The tech giant faces an ultimatum to level the Playing Field for rivals or risk fines with 5 of revenue every day. We will discuss the big decision. Plus, the massive data breach at
The thing that integrated into my life and the life of my peers was something i really didnt understand particularly well. I, you know, a lot of us have that moment, i think, when we are abruptly and suddenly forced to go without it. I lost it in this case; left it in a cab. When i was retrieving the phone i was standing in line at the dmv and of course, i immediately put off the meetings at work and any other obligation. You just get your gone back. That is what you do when you lose your phone. It started gelling in my head. What is it about this one device that gives it this power . There is very little else i can imagine being forced to do such a thing. And as i sort of resolved the kind of digging into this and pealing off screen and seeing it more as just a Consumer Product i sort of started to realize there were there stories. There was the history of the phone and how it was developed at apple. That was carefully guarded by apple and the corporation. The other side of the story