The state of your health that day . [laughter] one of the most powerful women in the Business World today is ruth porat. She started as an investment banker at Morgan Stanley and rose to be the cfo of Morgan Stanley and rose to be the cfo of google and now alphabet. In that role she has enormous influence at that company and has done a terrific job in making certain that the Balance Sheet works well and that they really are much better organized. I have no doubt she will be a power at alphabet for a long time unless the next president says i would like her to be secretary of the treasury. She would be a terrific candidate for that position. During this period of time, google and alphabet have done quite well. Your stock is up more than 20 this year and from the time you became the cfo, the stock is up over 200 and the market cap is up over 200 , so its done quite well under your leadership. Im curious, are more people looking at doing searches now during this covid19 period of time tha
Bahrain, signing an agreement between arab countries and israel, the first in a quartercentury. Donald trump will attend and that is really Prime Minister will sign with the foreign ministers. We have a lot to discuss in this halfhour. Their connection to china, lets start with the middle east though you also have comments. My first question looking at the longterm implications for the us and the region of this court. How does this structure look longerterm, into the middle east. Great to be with you. As soon as we wrap up we head to the white house for this historic opportunity for these three nations, that will recognize the reality. We begin with respect to the Trump Administrations approach to the middle east. I have prepared remarks. I will skip them for the sake of a good conversation. It began with the reality for decades, with respect to the middle east, the veto right that said they could prevent any arab nation from engaging with the most important democracy in the middle eas
[laughter] david one of the most powerful women in the Business World is ruth perez. She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now alphabet. She has a norms influence and has done a great job in making certain their Balance Sheet works well and they really are more better organized. Ive no doubt she is going to be a power to alphabet, unless the next president says, i would like her to be secretary of treasury. She will be a terrific candidate for that position. During this time google has done quite well in alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 in market cap over 200 . Done quite well under your leadership. Im curious, are more people looking at doing searches during this time than ever before or are people not spending as much time searching . Ruth people are spending a lot of time searching. We have trillions of searches e
David one of the most powerful women in the Business World today is ruth porat. She rose to be the cfo of google and now alphabet. In that role she has enormous influence at that company and has done a terrific job in making certain that the Balance Sheet works well and that they really are much better organized. I have no doubt she will be a power at alphabet for a long time unless the next president says i would like her to be secretary of the treasury. She would be a terrific candidate for that position. During this period of time, google and alphabet have done quite well. Your stock is up more than 20 this year and from the time you became the cfo, the stock is up over 200 , so its done quite well under your leadership. Im curious, are more people looking at doing searches now during this covid19 period of time than ever before, or are people not spending as much time searching . Ruth no, people are spending a lot of time searching. We have trillions of searches every year, precode
His big tech hitting two big is big tech getting too big . Shery we are seeing u. S. Futures slightly higher, up. 1 , this after we saw stocks falling in the selloff in tech intensifying in the u. S. With the fomc leaving the markets and a Little Information lot of questions about the state of the economy and the recovery. We are seeing japanese futures holdings that he at the moment. At this of course as we head for the boj decision. Really not much change expected right there. Stimuluscy to step up receiving. We have a new cabinet in japan as well with the new Prime Minister su,gaga. Right now, under a little bit of it has reached the 105 level. Key restocks gaining. 25 . We have Second Quarter gdp numbers coming in sightly better than expected, but still, the worst contraction since the great depression, down 12. 2 quarter on quarter, haiti. Haidi haidi. Haidi the Federal Reserve pInterest Rates near zero. Interest rates near zero. Ever evolving to medications strategy it unveiled l