Page 4 - Bloomberg Technology News Today

They should spend money on the Green Economy. California governor gavin newsom announcing he will says out sales of gasoline powered cars by 2035. To replace them, significant investment will be needed. We saw tesla and volkswagen making announcements in electric vehicles. Sell green eu will bonds as part of its recovery. The ecb will start buying bonds leading to environmental goals as part of its stimulus. It helps the climate and economy. As more job losses potentially become permanent, new g...

Another bipartisan spending bill. The battle to replace Justice Ruth Bader ginsburg will be anything but bipartisan. The president said he will announce his pick on saturday. Joining us to talk about how the markets are digesting this news, bloombergs abigail doolittle. This is not what investors to hear. We got that big 200,000 number in the united states. 200,000 americans have died due to covid19. Talk to us about how investors are handling these continued mixed signals. Abigail that is a tra...

Regeneron pharmaceuticals. Something that we were looking for as i hope to get over the covid crisis, but now it appears President Trump is effectively getting a dose for himself. Of course an extraordinary day ready much sense two or one bang in the morning withhicks being diagnosed the coronavirus, but one of the more extraordinary days in a tog time in d. C. , adding that the news with the job report which is a disappointment, stimulus talks accelerating. Mostin general, one of the event driv...

Poweris more left promises. Longerterm there is uncertainty. And how these actions will affect real people and real purchases and real jobs. Bornhe new economy is from the crisis but it could leave some markers behind. Moreneed to think creatively about inclusion in the workforce. There is a discussion from the decisions made during the crisis and the longerterm ramifications. Get a lot of this can theoretical the connection between the fed approach and the framework and what actually happens in...

Zealand is set for a shallower recession than previous years. The pandemic may have a lingering impact when it comes to government expenses. We bring you the numbers breaking this hour. Lets get you started with our lets get you started with a quick check of our markets trading at this hour. We had a mixed finish. Stocks, in fact, fell, erasing earlier gains after that selloff intensified. Tech fed chair powell not sure if this economic recovery will continue, that really dampening the moon. Tec...

Investors are back on and betting that stimulus is off and their favorite trade is back in. They, amazon, facebook, are all helping the s p 500 higher today, having held it back earlier this month. Stimulus is not just key to the Value Investor right now. Fed chair jay powell and treasury secretary Steven Mnuchin making the case today for more stimulus. It looks as though the base case is no additional fiscal support. That is why we are suddenly seeing the rotation back into big tech and byebye ...

For the drop. The nasdaq 100 extended its 2020 rally. More now with abigail doolittle, our Bloomberg Markets reporter. L ofe been following al the action. What do you make of stocks rallying at the close . Abigail what an exhausting week. A mixed close on the week between different indexes, making it just as exhausting. All of the volatility tells you what we were talking about yesterday. The uncertainty out there. Theres the nasdaq 100 on the week. You can see the huge ups and downs. This tells...

Third straight week. For more on wall streets move, we are joined by scarlett fu. Lets talk about how this happened. Ett we had quadruple witching. Options tied to indexes and stocks, that led to a pick up in volume. Then you had it falling below the trendline, where the average price over the past two and half months. The theme for today, as it has been for the rest of the week is the lingering disappointment that the fed did not give investors a prize that they have been positioning for. Recen...

Prices,ngs, equity asset prices and risktaking. It is not without its consequences. You have to think about what the cost of building has become. Have soared, adding thousands of dollars to the price of any new home. Tech valuations, volatility. Joe, these record low borrowing costs mean you can also lever up. A. T is why we are seeing m seeing know why we are these pictures when we are talking about market exuberance. Extraordinary morning. We were on our news call and news kept breaking. When ...

It is showing how much power these businesses have to move the index in one direction or another, outweighing technology. As we look at the valuations 2000, the big underperformer today, relative to the median forward valuation on the s p 500, the ratio looks ugly, we are back down to the lowest we have been. I dont know if that is the denominator of the s p 500 continuing to decline. It could be both of those. It has been a downward trajectory, and we have yet to see it. Calls forwe have got qu...