Page 10 - David Marcus News Today

Privacy concerns. And come at a claimed arrogant Silicon Valley ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We asked how it is impacting the broader crypto market. By first to our top story, it is big techs turn. Facebook, tesla, alphabet, all reporting secondquarter earnings this week. Amazon and alphabet reported thursday. For alphabet, it was all about sales and regulation. The founders weighed in. If you look at the way google gets revenue 85 of revenue i...

Here it is. Because of the faulty [ inaudible ] we have going for us at the federal reserve, we pay much more than other countries. In other words, our interest costs are much higher than other countries when they should be lower. Correct. All right. Thats where the president stands on the fed. 2020 democrat candidate liz warren going after wall street once again, this time shes also slamming private equity firms blaming them for the closures of toys r us, sears and other retailers. Hows this fo...

Banks mixed. Carmax, the worst performer. 2. 13 , crude up to oil below 65 a barrel. Trucking index, s p, best performer today, more than 8 up. That is relieving investors. European markets now. A better day in europe. The dax up a quarter of 1 , cac upup 6 10 of 1 , ftse 100 for tenths of 1 4 10 of 1 . Questions about barbary moving over. First quarter doing well in china. That stock is up 13 . Thank earnings season, j. P. Banks, wells fargo, reported earnings this morning. Lets bring in our In...

Interested forecasts ibm is betting on 5g growth and the cloud, it has a tieup with at t that is talking exclusively with jim about he got both. And president ial pressure trump saying his administration will take a look at accusations from tech investor peter thiel that google coordinated with the Chinese Government so some mixed reaction out on bank earnings. Jpmorgan chase, Goldman Sachs, wells fargo. Guys, obvious lly the reason th stock is down they lowered their nim forecast by 500 million...

Proposali think the has huge potential, and i think the challenges for the transaction of the exchange for services and so forth, today, still has lots of obstacles to be overcome, including that of security and privacy. Nonetheless, we look forward to observing and participating in this because i really do think it is the wave of the future. As senator tillis said, we are either going to be responding to it or actively involved and running from it. Thank you. Senator cortez . Senator thank you ...

Hour the hearing is still going on behind me, but already there have been several fiery moments, including some from senator sherrod brown, the ranking democrat on the committee. In his opening statement, he compared facebook to a toddler playing with matches and said that it would be delusional for anyone to trust facebook with their finances, when the company has already broken so many promises on privacy. He then tried to get david marcus, a facebook executive whos testifying to make his own ...

Platform. Some republicans on the Committee Also skeptical of facebook plans. The chairman of the committee saying he applauds facebook for trying to utilize their platform to serve underserved communities in the Digital Currency platform. The bottom line comes following a host of different hearings scheduled for this week. David marcus will testify before the House Financial Services committee tomorrow. Lets not forget Steven Mnuchin yesterday at the white house raising concerns the administrat...

The Halftime Report starts right now. Welcome, everybody. Its great to have you with us on this tuesday. We have a spectacular Investment Committee today as well. Yeah joe taranova, john and pete, kevin oleary, cnbc contributor, guitar player and youtube chef star well get to that in a minute. Bryn talkington from requisite Capital Management and Jeff Killburg of cck financial. Thank you very much. All right. Let us start now with the financials i think this is one of the sectors with Interest R...

Because he kind of got this ball rolling. Earlier on we got stocks hitting new highs as earnings season kicks off. Iting still very early. 5 of the s p 500 companies have reported. Of never less in small pool of names. They handily beat expectations. They were after cheted down. You know how they. Fbn ams lauren lawyer simonetti. Ceo jamie dimon said this, we continue to see positive mope momentum with the u. S. Consumers. Rising wages reflected in our consumer and banking results. The banks cre...

Needs more bases the route the Indo Pacific Region because of what he called chinas significant technological advancements. Meantime, china says the Iran Nuclear Deal is irreplaceable and says the agreement is the only way to resolve issues with the countrys nuclear program. The Chinese Foreign ministry blamed the United States or the tensions with iran. Last year, the u. S. Pulled out of that deal and we imposed sanctions. Reimposed sanctions. Global news 24 hours a day, onair, and tictoc on tw...