With the nasdaq sitting just points away from the an alltime high, the five largest publicly traded companies today are all in the tech sector. Apple, which is worth more than 600 billion, alphabet, parent of google, microsoft, amazon and facebook valued at more than 360 billion are the companies with theiggest market capitalizations. List looks a lot different than it did just a handful of years ago. When industrial names like exxonmobil, General Electric and tech name ibm held the title of worlds most valuable. So what does this shift to Tech Companies being the most valuable publicly traded companies, and what does it suggest for the economy . Particularly since Tech Companies hire less workers . Kathryn rampell, columnist at the Washington Post joins us tonight where she focuses on economic and public policy. Nice to have you with us, kathryn. Welcome. Good to be here. Lets start with what you think this does mean for the economy. Obviously, you know, technology has been the drivin
With the nasdaq sitting just points away from the an alltime high, the five largest publicly traded companies today are all in the tech sector. Apple, which is worth more than 600 billion, alphabet, parent of google, microsoft, amazon and facebook valued at more than 360 billion are the companies with theiggest market capitalizations. List looks a lot different than it did just a handful of years ago. When industrial names like exxonmobil, General Electric and tech name ibm held the title of worlds most valuable. So what does this shift to Tech Companies being the most valuable publicly traded companies, and what does it suggest for the economy . Particularly since Tech Companies hire less workers . Kathryn rampell, columnist at the Washington Post joins us tonight where she focuses on economic and public policy. Nice to have you with us, kathryn. Welcome. Good to be here. Lets start with what you think this does mean for the economy. Obviously, you know, technology has been the drivin
Points away from the an alltime high, the five largest publicly traded companies today are all in the tech sector. Apple, which is worth more than 600 billion, alphabet, parent of google, microsoft, amazon and facebook valued at more than 360 billion are the companies with theiggest market capitalizations. List looks a lot different than it did just a handful of years ago. When industrial names like exxonmobil, General Electric and tech name ibm held the title of worlds most valuable. So what does this shift to Tech Companies being the most valuable publicly traded companies, and what does it suggest for the economy . Particularly since Tech Companies hire less workers . Kathryn rampell, columnist at the Washington Post joins us tonight where she focuses on economic and public policy. Nice to have you with us, kathryn. Welcome. Good to be here. Lets start with what you think this does mean for the economy. Obviously, you know, technology has been the driving force of Economic Growth fo
Hershey. Two economic reports today. Weekly jobless claims at 8 30 eastern time and december pending home sales at 10 00. And eu Foreign Ministers are meeting in brussels. The rouble weakening today on the threat. Andrew. Well talk about the big changes happening with mcdonalds in a minute but first a quick snapshot of other stocks this morning. Facebook beating the street on the top and bottom lines but Revenue Growth was the weakest since the start of 2014 and it rose faster. The Company Plans to cut spending by 15 billion over three years as Lower Oil Prices take a toll and qualcomm lowering its outlook for the year. They warn the newest mobile chip will not be used in Major Customer flag ship smartphones. Is that an app . Apple is selling all of these phones. Citrix with better than expected growth. The company is also cutting about 900 jobs. Also salix pharmaceutical will restate financial statements. First three quarters of 2014. Earlier this month the company said it was explori
Youre starting to get a litigate cautious here . A little cautious. Im not seeing the steam i saw two weeks ago. Theres some indications its not as strong right now. We have pointed out, all the attentions gone to the dow, the s p is what traders keep an eye on. Its getting closer to that alltime high of 15. 65. Could that be a resistance level as they like to say for traders . I would think so. I think a lot of people will be ol sell side at that level. Theres nothing in the horizon i see to force it to go much higher than that. But theres always something that could pop. Right now thats probably where we want to go. Ill let you go, get a 32ounce slurpee, it will be legal even tomorrow. A judge just canceled all of that, invalidated all that. Oh i can go to the Movie Theater and get what i want. Happy peter costa. Well see you tomorrow. The dow strengthening into the close, a game of 50 points all of a sudden, and the s p about 9 points away from its alltime high. Thats it for the fir