Including Broadband Access during coronavirus expanding broadband to rural areas telehealth funding and president trumps executive order on social Media Companies. Three hours 25 minutes. Good morning this hearing will come to order todays hearing on the oversight of the fcc. And they are here today and a special welcome to our a distinguished panel for appearing today we will hear from sec chairman pai commissioners. The sec is the nations primary regulator interstate and International Communications networks a core part of the agencys mission is to ensure all People United states have access to rapid and efficient nationwide Communications Services at reasonable prices never before has the responsibility to achieve this mission have been more important covid19 spotlight on the Communications Networks in the American Peoples access to Broadband Service since march there has been a dramatic and sustained a surge in Internet Usage us networks have performed well and we are much better t
You do you reach for the stock equivalent of comfort food something that tastes just like the great bull markets of thats right you reach forfang, my acronym for facebook, amazon, netflix and google this session its more like fang because microsoft has become red hot. Netflix suffered a rare decline. The tech stocks led us higher. With the s p rising 1. 67 , and the nasdaq zoom being 2. 80 , it was a matter of time before we return to the tried and true this market has been going through groups like theres no tomorrow first we had the rally in the defensive Consumer Staples during the work from home nuclear winner the stocks rebounded we started reopening hospitals for nonessential medicine a run up in the big box retailers. That group seems a tad exhausted. Weve seen a surge in the Semiconductor Stocks as demand picks up from china and 5 g. Build out looks good continue with analog devices, amdi a decent quarter. A run in industrials as people bet the economy might be coming back as a
That ubers expiration has taken place, they are trying to improve the Operational Performance and have been given profitability. You provide all of these things up inis is a good set terms of investors new point on the stock. You look at the Shareholder Base right now, you do not see a lot of longterm shareholders. Softbank and encz mark, benchmark is unlikely to be a longterm shareholder, they were an early investor. I think that these are all is on theand the onus company to execute and show Operational Performance. Guy on the positive and negative side of the lot of the ledger, what did kalanick bring . Mandeep he really started this company and was aggressive in terms of taking the uber brand global, and that is what helped uber expand so aggressively both on the ridesharing and the ancillary businesses, but i think they are at a point where the brand is known to everybody. Improving thet reputation. The cultural damage that took place when travis was running the Company Needs to g
In the Auto Industry, carlos ghosn expected to be fired today amid allegations of Financial Abuse and covering up some compensation he was reportedly arrested just a short time ago phil lebeau joins us on the squawk line with details phil andrew, this is huge news obviously stating what everybody can deduce for themselves. Carlos ghosn is the chairman of the Nissan Renault group to put it in context, in terms of his influence, keep in mind that Nissan Renault is carlos ghosn and they are his company they march to his drum beat. The report that he has been arrested, that japanese authorities are investigating whether or not he misreported or underreported his compensation, those are details that were still trying to determine this morning. There are reports that he has been fired or will be fired, the implications are enormous. He is not only the person who was the architect of putting together nissan and renault. If you go back to the early 90s, he is the man who served for a number of
Spire Wealth Management lifted its holdings in TE Connectivity Ltd. (NYSE:TEL – Free Report) by 17.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,544 shares of the electronics maker’s stock after buying an additional 5,434 shares during the quarter. Spire Wealth […]