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The expenses are by 18 in the quarter. We are very much investing in r rand d. Nestle posts a sales miss in the First Quarter with prices weighing on the consumer. And meta shares sink in the trade despite the beat on earnings as Mark Zuckerberg rekindles fears of a. I. Spending. We have shown we can build leading models and be a leading a. I. Company in the world. Welcome to street signs. We start todays show with the acquisition news bhp confirmed it made an offer to buy london listed Anglo Am...

Listing day. 14 billion goes to micron from the chips act to boost americas memory chip prowess. There is only one story that matters right now and it is meta. You see the share reaction to mosque zuckerberg outlining billions of dollars to building out Ai Infrastructure. Expenses, arrange raised, capex raised. The focus of the call was on the product cycle. How many years will it take for this investment to would materialize in sales growth. Thats the question on the stock is on track for bigge...

Approaching 96. Look at shares of meta, the owner of facebook. They have gained 150 so far in 2023. But over the past two months, shares of come under pressure, falling about 4 . They are about to begin the connect event where we expect Mark Zuckerberg to speak. For more on this event and the longterm outlook, lets bring in the roth and kim senior analyst, thank you for joining us. What do you expect to hear from zuckerberg and what are you can for . The most widely expected thing from todays co...

Caroline im Caroline Hyde. Ed im ed ludlow. Caroline the president joins uaw workers on strike to discuss what it means for the ev industry. Ed the latest on the antitrust battles and the google trial continues. Caroline apples biggest start of the year. More on the product misfire. Breaking news around one Certain Company with regulatory requirements and ftc crackdowns. This the nasdaq is down one point 27 . Twoyear yields pushing up by two basis points. There is movement on the dollar. The vix...

Note at 4. 57 . Take a look at bitcoin we have been talking about it. It is at 61,645 it has not moved after the down swing. Somewhat steady this week pulling back from the highs. Lets talk about oil Biden Administration will not renew the license to ease venezuelan sanctions the Treasury Department issued a rehe he replacement license tody u. S. Says president maduro failed to compromise with the sanctions last year. We will discuss this on the Energy Market and crude prices backing off again. ...

Ivy zelman is here to talk about that. Instacart raising its price after the successful arm ipo. On stocks, we are weaker and the losses are accelerating in the last few moments. Were down a percent on the s p, putting in jeopardy the gains for the week. The nasdaqs down about 1. 4 . Whats working today is a little more defensive. Its the health care and Utilities Group which is bucking the overall trend, higher stocks, on the back of a little better Economic Data. What we got this morning, Indu...

The worlds most Important Technology companies had one of the biggest sale of shares in years. A proper us welcome for the crown jewel of years. A proper us welcome for the Crownjewel Of Uk the crown jewel of uk technology. Arm holdings was born and raised in cambridge, england. You may not have heard of arm holdings but i guarantee you own something with Arm Technology inside it. The chips are 99 in all of the smartphones in the world. 70 of the global population are estimated to have something...

Technology companies had one of the biggest sale of shares in years. A proper us welcome for the crown jewel of uk technology. Arm holdings was born and raised in cambridge, england. You may not have heard of arm holdings but i guarantee you own something with Arm Technology inside it. The chips are 99 in all of the smartphones in the world. 70 of the global population are estimated to have something, phone, tablet, Gaming Console with arm stuff inside it and 30 billion arm design chip sold worl...

High, a little bit lower than what weve seen in the last few days. But, again, all of these markets kind of waiting to see what the cpi signals today if inflations getting worse or not. The first couple of years, were in that seasonal oneoff situation or youre in a situation where you have higher prices moving their way through the line once again. Check out precious metals. Commodities across the board have been higher. Gold at another alltime high. You also had silver hitting its highest level...

20 hour clock will run out on debate. The senate could vote sometime tonight. Senator has been involved in all of the wheeling and dealing. We will ask where the wiggle room might be when it merges with the house plan. Would he go for Corporate Tax rate of not 20 but maybe 22 . There is a lot of chatter at the hour inside the beltway. We will get the lay of the land live from capitol hill coming up. Its not just 24000, bit coin is on a roller coaster ride of epic portions losing one fifth of its...