Good morning, what a friday morning. No lack of news today. Home sales, the biggest quarterly jump in history. Management changing for some of jeff bezoss and it is a 4 gain today. They added nearly half a trillion in the market cap this month. It is staggering, because apple right now is about 62 billion plus above the 2 princip trillion mark. That is like adding vm wear. That is your oef raj over the two tril mark. I dont know how history will judge that when skail has taken on new meaning im crashing my ahead because im not wrong, right it is remarkable but it raises questions about the breadth of this rally, right . We continue to see the big tech mega cap names push higher and investors saying can it continue, youre leaving a lot of names in the s p especially behind, karl. Thats right, something to watch as more and more people are looking for signs of a bubble now we have a piece that just crossed regarding facebook laying out contingency plans should the president try to delegi
With dw business beyond the theyre all on the f, b is most wanted list murderers. Human traffickers, 1000000 air fraudsters, drug lords, terrorist and this man. Hes a threat to world peace and a key figure in the struggle between super powers. His name is lee some way, but he also calls himself carl lee and uses several other aliases. Theres no criminal on the list with a higher bounty, 5000000. 00. The c i a massage, the german b, n. D and others by agencies have been pursuing him for 2nd one. You as president even intervened personally to no avail. There still is this air of mystery around this karl, he reminded me of through likes to columbia and drug alone. So, you know, like pablo escobar, i would say that in all likelihood, he is an individual who exists the hes a hunter, focused on a particular prey, the most unscrupulous arms dealer on the planet. My names aaron arnold. I was a Intelligence Analyst at the f. B, i the carly case was the most unique case that i ever participated
Push to the big names ahead. Ed plus we sit down with the head of kkrs Tech Growth Fund does see where his firm Sees Opportunities after they raised 3 million. Caroline we will wrap up coverage from new york tech weekend here from two venture capitalists on what they are choosing to invest. At that is the private side of the market, lets go to the public because we have a clear flight to safety as we had to wear the weekend. Geopolitics the main noise we are currently having to digest and see and witness. We are currently seeing the nasdaq up by more than one percentage point as we worry about conflict expanding in the middle east. 10 year yields see money move into the bond market, eight basis points to the downside on the tenure and crude pushing on the higher side, 90 in terms of oil so a key signal to some of these volatile times. Lets have a look at what is happening in terms of volatility of the key tech asset class. It is crypto, 29,000, at one point again we jumped over that 30
Living large in so many ways. Welcome to the 9. Hope youre having a great start to your wednesday. If you were remembered for one food after your passing you would be remembered for the is there Something Like a signature mike mibach favorite. No. I like my steak and my try tip. That is what i was thinking. I love to eat it. I dont know if i can narrow it down to one. Can you . I would like to think that i would be remembered 40 years after i pass, somebody talking about the shish kabob. He was 42 years old. So many great musicians die too young. I didnt follow his career. Not a huge fan. But im a fan. I forgot that he was only 42 years old. In the prime of his life. We will talk about elvis more in the 9. A grim milestone were working. The 100th freeway shooting in the bay area in the past year and a half. Highway patrol is looking for whoever shot at an suv last night on 880 in hayward. Alex savidge is live in hayward. Alex, there were two teenagers inside of that vehicle. Reporter y
Nasdaq, it has been a commodity that rally and that is still the case but outside of commodity related stocks we are not seeing the gains he saw earlier in the session. Up considerably, 1. 9 , off their highs of the session, up 2. 25 at one point, industrials and financials up but everything falling back from where it was earlier in the session. More red on the wheel, health care and Consumer Discretionary stocks are down. Oil is coming down off its highs of the day though still up considerably, 6 off a little bit from the highs this session. That is contributing to some extent to becoming off of the highs for overall in stocks. Likely not the whole story. The yen getting relief off the huge rally. Julie a little relief that changing. Point , the yen came came down to unchanged and now it is very little changed, the fiveday rally we had seen in the yen the bounceback is dissipating to some extent for the u. S. Dollar. Gold prices, it has been having a big week. It is positive on the da