Why they like facebook and apple. Legal and legislative hurdles continue for technology, especially overseas apps. We hear from senator Marsha Blackburn and how much more needs to be done. We begin with tesla. Stock has been on a runaway rally. We saw shares of breach the ceos 420 of 420. An analyst joined meet to discuss whether the turnaround is working. If you look back at the last six months, it has been massively impressive what musk has been able to do in terms of turning this around from a demand and profitability perspective. Base case, 370. Is 580300. You could start to see the stock go much higher. Bull case, 580 to 600. A lot of that really rests on china. Taylor dan, ive spoken to a few neutral bearish analysts who really are concerned about demand in china. Do you have any sense of what could be a bear case if something were to happen, may be the economy starts to slow . What would need to happen for you to turn more bearish . If i look at the work we have , andin asia on
Why they like facebook and apple. Tech regulation, legal and legislative hurdles continue for technology, especially overseas apps. We hear from senator Marsha Blackburn and how much more needs to be done. We begin with tesla. Stock has been on a runaway rally. We saw shares of breach the ceos goal 420 of 420. An analyst joined meet to to discuss whether the turnaround is working. If you look back at the last six months, it has been massively impressive what musk has been able to do in terms of turning this around from a d perspective. 600. You could start to see the stock go much higher. Bull case, 580 to 600. A lot of that really rests on china. Taylor dan, ive spoken to a few neutral bearish analysts who really are concerned about demand in china. Do you have any sense of what could be a bear case if something were to happen, may be the economy starts to slow . What would need to happen for you to turn more bearish . If i look at the work we have done in asia on the ground, and over
Why they like it Companies Like facebook and apple. Tech regulation. Legal and legislative hurdles continue for technology, like overseas apps like tiktok. We hear from senator Marsha Blackburn and how much more needs to be done. We begin with tesla. Its stock has been on a runaway rally. Last week, we saw shares of breach the ceos goal of 420. An analyst joined me to discuss whether the turnaround is working. If you look back at the last six months, it has been massively impressive what musk has been able to do in terms of turning this around from a demand and profitability perspective. Base case, 370. Is 580600. You could start to see the stock go much higher. Bull case, 580 to 600. A lot of that really rests on china. Taylor dan, ive spoken to a neutral bearish analysts who really are concerned about demand in china. Do you have any sense of what could be a bear case if something were to happen, may be the economy starts to slow . What would need to happen for you to turn more beari
Security firm proofpoint. And 2019 ushered in some of the biggest tech ipos ever, as pinterest, peloton, uber, and lyft all went public. Wework, however, stumbled to debut. We will have a recap of it all. First, to our top story. Tesla shares set a new record high and reached that infamous 420 mark. You will remember 420 was the price ceo elon musk claimed tesla would go private at last year. Earlier today, musk tweeted, woah, the stock price is so high. Lol. Joining us to discuss is our Bloomberg News reporter, ed ludlow. Another day, another record high. What is driving it for tesla this time around . Reporter the momentum is all about china, taylor. Overnight, tesla secured 1. 4 billion in financing from local banks and much welcomed cash injection. That built momentum from last week, where in november, new vehicle registrations for tesla in china hit a five month high. Youll remember those vehicles are subject to a 25 import duty. The logic follows that if tesla get the plant can s
And we hear from the viagogo chairman and founder after that stubhub cash deal from ebay. First, our top story. Five years ago, alibaba pulled off its biggest ever ipo on wall street, and today, it rang up the biggest share sale in hong home in hong kong in 10 years. The listing is being seen as a triumph for a stock exchange. Stars toyears it lost u. S. Rivals. This comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you take a look at the company raising an additional 11 billion, where do you see that company in terms of that use of cash . Thank you for having me. It will be interesting to see what they do with the extra cash. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business, which is 8 of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how t