Page 21 - Developers Conference News Today

Is mornings on two. Well good morning to you. Thank you for joining us. Welcomec to mornings on two. Im dave clark. Good morning im pam cook monday morning march 18th. Pretty nice and warm over the weekend. And lets check in with Steve Paulson for the forecast. Hows it look today steve . Almost like a summer pattern here. But well still be nice inland but cooler coast and bay side 40s 50s. Pretty good. Fog bank is making its push here. So temperatures inland still some 70s coast and bay though b...

The real departure point for normalization is july but later prayed the fed will be slow to lower Interest Rates. We are seeing the market fundamentally reassess the outlook for fed cuts for this year. This is bloomberg surveillance with jonathan ferro, Lisa Abramowicz and annmarie hordern. The first message i received in the commercial break, im going back to bed. Which i had a feeling some people would have that feeling. And massive week ahead. A recipe for a big week. Nvidia, the investors co...

S p up over half a percent the nasdaq tipping between negative and positive in the last few hours, and right now its fractional lehigher, and the dow fractionally higher. Its a larger conversation this is about mega caps as well, because tesla is down 9 over the course of the last five days and apple down over the last five days. The way the strategy owns apple and tesla, i like it were equal weighted we dont have the significant exposure i think thats an important question for investors right n...

September, and if you havent paid attention tesla shares are down 10 this week alone only two trading days. If they had gotten ai from oh. Well talk about that, a war of words, openai is firing back at elon musk. Theres 1 chance well talk about it. Publishing emails appear no show the tesla cofounder did support creating a for profit entity. Lets begin with the markets and the testimony from the fed chair today. Jim, got some news on what he will say in terms of written words. Yeah. Look, i kind...

And later, chinas auto boom why cars made by the countrys manufacturers are in such high demand around the world. And what that could mean for American Companies trying to compete. Im melissa lee coming to you live from studio b at the nasdaq and we start off with the last of the three major averages to set a record close this year the nasdaq making the most of this extra day of february and leaping nearly a percent it was the first time the index closed at a record since way back in november of...

Right now are hunting high and low for a catalyst to push the markets to maybe a new record. Right now not having much success. The dow, which lost 96 points at the closing bell yesterday, is down another 85 after squeezing out ap an 8point gain yesterday, the s p 500 losing 10. The nasdaq at the moment down 81. The russell, both of these also saw points added on the board tuesday, but now theyre looking at goose eggs or worse. Nasdaq down 80 points, the russell 2000 down 10 points. Now, the bul...

Ma mac, possibly some custom chips and well bring you key headline throughout this hour our own steve kovac is live on the ground at wwdc while rosenblats martin croquette and msnbc contributor are with me to discuss what the product means for apples bottom line with the event kick off as we speak lets get back to steve kovac out there in cupertino steve, people would be forgiven for thinking this whole thing is a headset unveil, but this is a developer conference which is paving the way for the...

President biden. In it they describe biden as being sharp, fit and having striking stamina. Okay. Were going to take that one on. Meanwhile, former twitter Ceo Jack Dorsey endorsed robert f. Kennedy jr. And he wants to see primary debates and guess what hes predicting that kennedy will win the race. Well talk about that. Former fbi director james comey bashing President Trump and proving people are right to be concerned about partnership in our government agencies. Comey claims trump could be we...

Summer. We have United Refining Company chairman John Catsimatidis here, only here how we need to boost our energy independence. Plus the ceo of yet another American Company set to join the beeline to shanghai. Corporate ties to china are getting stronger as government ties get more tense a big week for 2024 players. The gop field expanding. Weve got breaking news on that with mike pence just filing the paperwork for his run for the white house. Plus rfk, jr. Get as big Silicon Valley endorsemen...

On the desk, mike khouw, carter worth and brian stetland the markets with a much better than expected employment data. The nasdaq leading the way notching its sixth straight winning week it wasnt just the megacaps this week the russell 2000 logged the best day of the year closing above the 200 Day Moving Average for the First Time Since march, but an internal indicator well talk more about in a moment, the vix, hitting its lowest level since july of 2021 carter, you were taking a look at this ma...