The Investment Committee is ready to go. Halftime report starts right now. Good to have you with us on this monday. Our Investment Committee, joe, josh, steve, jon, shannon is here, the chief Investment Officer at Boston Private Wealth begin with the markets stocks modestly lower. Now some key questions about whether there is enough momentum to carry stocks higher between now and the end of the year. Weiss, optimism is rising and has been and you can see it in a number of different ways, interest rate, 10year pushing 2 there are socalled unloved assets that have joined the rally according to some which is another bullish sign justified . Enough momentum to carry us higher i think there is. The seasonal trade is difficult to bet against, however i took off a little exposure and sold some of the smh. I kept adding to it and added through earnings, because i thought the semis would have good quarters and they did now that that fundamental part is over, im more in the Market Movement trade
Good monday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt we start with a win for microsoft, beating amazon, oracle, ibm in that 10 billion defense contract with the pentagon known as jedi. Morgan has been covering this story from the beginning a lot of news over the weekend. A lot of news over the weekend on this. This was a downright dog fight between microsoft and amazon two years, laden with controversy. What is the joint enterprise defense structure. Theyll unite the u. S. Military within a single data framework, an umbrella cloud for all of the militarys current clouds. Up to 10 Year Contract with ceiling value of 10 billion amazon, microsoft, and earlier in the competition, ibm oracle, even google vying for this microsoft saying we look forward to expanding our Longstanding Partnership with dod, support our men and women in uniform at home and abroad. With our latest unique and differentiated azure cloud capabilities amazon saying were
Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and joining us for the hour is stephanie link fr stephanie, it looks like today is kind of steady as she goes, it seems like we have a deescalation of the trade war and fundamentals of earnings actually moving some stocks. You hit it perfectly, actually good start to the week trade tensions seem to be easing a bit. Earnings so far, 50 of the s p 500 have reported. Theyre beating by 2 , i know against a
Who says all unicorn ipos current magical . And, the genetic code of ethics. In our medical technology series, we sit down with the coinventor of crisper to discuss Gene Editing Technologies and the future of fighting disease. But first our top story. Nasdaq as theked venue for its listing. The startup is making changes to its Corporate Governance to address investor concerns. No member of the cofounders family will sit on the board. At one point wework was valued at 47 billion. Now it is expected to be worth 15 billion. We were joined by the ceo. Has beenrk, jillian covering the story for us. Let me start with you. How shocked where you that they are doing this ipo . If you read bloomberg, you shouldnt be shocked. Im losing track of days. This week is crazy, but we broke this week that the company was weighing Corporate Governance changes because tepid demand from investors had caused investors to rethink how they could improve things. Not shocked this morning. Were maybe more drastic
Current magical . And, the genetic code of ethics. In our medical technology series, we sit down with the coinventor of crisper to discuss Gene Editing Technologies and the future of fighting disease. But first our top story. Wework has picked nasdaq as the venue for its listing. The startup is making changes to its Corporate Governance to address investor concerns. No member of the cofounders family will sit on the board. At one point wework was valued at 47 billion. Now it is expected to be worth 15 billion. We were joined by the ceo. In new york, jillian has been covering the story for us. Let me start with you. How shocked where you that they are doing this ipo . If you read bloomberg, you shouldnt be shocked. Im losing track of days. This week is crazy, but we broke this week that the company was weighing Corporate Governance changes because tepid demand from investors had caused investors to rethink how they could improve things. Not shocked this morning. The changes were maybe m