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Catalysts for investors on the horizon. With fed meetings this week and new tariffs set to go into effect this weekend. Joining us, ian winemore weve been paying close attention to these big trade headlines. How much is this influencing what were seeing on wall street these days i think its overstated as to how much its actually influencing wall street. I think theres two things at this point the first is that theres so much liquidity being pumped into the marketplace by central banks. They Just Announced another round of qe, even though theyre not calling it that. And youve got positioning, which is a very big deal a lot of hedge funds and active managers are lagging again some for the last ten years, and because of that, they cant afford to miss a rally you see this synthetic short base, where people are long cash, and thats why selloffs like today, youre not seeing a whole lot of followthrough, because need to hold until the en ....
Closing alley, you could call it im thinking about the lyrics in the song, g4 pilots on a firstname basis did you catch any of that . I did, dont ask me to explain it joining us this morning, raul sudd, ceo and founder of unicorn and ed lee, managing editor of recode welcome to both of you on this first trading day of the year, we asked you both to come with your 2018 tech predictions, from deals, ipos, and, yes, bitcoin and cryptocurrencies lets start with you you have some predictions in media. Media, tech and media thats my favorite topic, because i feel like tech has been sort of dipping their toes in the media water for years media, by the way, they see this threat coming for a long time and they are acting much more quickly and decisively, more dramatically with the tieups. You have at t and time warner, disney and fox whats coming next . Heres the thing, i think the next big step is for amazon in particular and possibly facebook and apple to take a deeper look at, you know what, ....
Do with Reuben Foster . You can join the discussion on our facebook page. We want to give you a live look at the olympic caldron as some super stars are set to stake center stage in pyeongchang. It is day five of competition. And it is off and running. A Northern California olympian is once again bringing home the gold. Recognize her . Thats Jamie Anderson who antoine gold medal yesterday in the snowboard slope style. It is the second straight olympics anderson earned gold. Theres a little bit of controversy surrounding the event she won. Contradicts say it should have been canceled because of strong winds. 41 of the runs had a crash. She said she was fine with the conditions adding that the nature of snowboarding means adapting to the weather. Chloe kim is making her olympic debate. She would have qualified for the ....
Facebook shares in the red. Even though results did beat on the top and bottom line. Total revenue up 39 . Some of the decline possibly attributed to the surge in spending. With expenses up 82 . On the call, Mark Zuckerberg continued to tout progress with video. Take a listen. Video continueses to be some of the richest and most engaging content for people and publishers and since the start of the year, pages are also sharing 40 more video. We updated our news feed ranking to help people see more of the videos they care about and techting option force video monetization to help our partners build their businesses. Jon, 24 hours ago you said it would be the line item to much with and a its clearly the focus. Given the fact that facebook ran up so much over the past several weeks, this level is just about where it was trading two weeks ago. When you think about it in those terms, not necessarily that bad. But so much of what facebo ....
Now the first report of shots fired came in at 11 45 this morning. Police say residents and businesses were put on lockdown as they looked for the gunman. All this happens where the recent woifrlds destroyed more than 150 homes. We know if its related. The photo of the suspect, allen ash more is accused of killing two and wounding three. Including the chp officer we mentioned. No word on a motive. It was just boom, boom, boom. All of a sudden the cops came in. It was a gut wrenching feeling. It went on for about two hours in various locations. The chp officer is expected to survive. We are waiting for updates on the other two people. The other top story this evening the start of the kate steinle murder trial not just a bay area tragedy but a National Debate about immigration. Karata faces a murder charge and today there were opening statements. Some brock joins us live from San F ....