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A Top Hedge Fund manager says theres a clear consensus that we are in a tech bubble. In his letter to clients, David Einhorn says companies he is betting against may fall at least 90 if and when the market applies traditional valuation. He writes certain cool kid companies and analysts are pretending that compensation paid in equity isnt an expense because it is noncash. At ts profit dropped slightly in the first quarter. Revenue was up 4 thanks to a growing wireless business. The company added ...

In a tech bubble. David einhorn says companies he is betting against may fall at least 90 if and when the market applies traditional about uh and traditional valuation. Ime was are pretending intention paid in equity is an expense because it is noncash. At ts profit dropped slightly in the fourth quarter. Undermpany added six 25,000 monthly subscribers, up from 296,000 from a year ago. The next program which allows customers to pay on phones rather than having a contract. Amazon is apparently ta...

Headlines. Nokia Handset Division will be renamed microsoft mobile once the sale closes friday according. O a leaked memo obtained the memo states the existing agreements with partners will remain in place. Agreed to lease an entire building under construction in San Francisco neighborhood. The 26 Story Building is scheduled to be finished in 2017 according to people with knowledge of the deal who say linkedin is expanding to attract talent for those that want to live in the city. This after sal...

Programm welcome to the it is just 6 00 year from london. We are ready to deliver the stories. He breaks down the latest china manufacturing data. David is in berlin and he is in berlin any of the latest on the escalation in ukraine. Caroline hyde talks tech today. She is covering the earnings of our molding arm holding. Ceoe will be talking to the following the companys earnings release. Int is the first interview the second hour. Begin with chinas Manufacturing Activity. Away thetech takeaway ...

Dow chemical posted first warnings First Quarter earnings. By results were driven bigger margins. And also by stronger sales in china. The company has not been very bullish on chinas Economic Growth. With us is the dow chemical chairman and ceo. Great to have you back. Nice to be with you. What happened with topline growth . America, as you know, we had a very cold winter in the month of march with lots of transportation and warehouse carrier issues. Our north american revenues were not robust b...

Moderating a speech by former u. K. Prime minister tony blair right here at bloomberg headquarters in london. It live in the studio shortly for an interview. Arm posted slower sales growth. It is another weakening sign for smartphones. Point isice unsubsidized. In some places, below 50. That means more and more people will access smartphones. That will drive these services and products. We think smartphones have a lot of growth ahead of it. Smartphones have a high degree of arm content. Apple re...

Glitz and glamour of the likes of apple or samsung. More thanompany 4 Million People in the world touch something that has an holding chip in it every single day. Arm holdings gave us numbers ay, slowing in terms of the licenses are picking up. That bodes well for the future. Many analysts say they are a bit more positive for the second half of the year. Speaking of key concerns in tact, we have numbers from facebook and apple. The glitz and the glamour. It is remarkable. We could have a Second ...

Empire state building that you have never seen before, trust me. First, we are kicking it off with what everyone is talking about. Two big headlines in tech. We will start with the worlds biggest company. Apple reporting a huge quarter, its best ever. Second quarter revenue was more than 45 billion, up by one percent, profit up seven percent, and 43. 7 million iphones were sold in the quarter, a new record. The company boosted a Share Buyback program. I do not know where to begin. Investors and ...

Big miss. Well speak to the cnbc. Ukraines government says it will act to eliminate militant groups in the east of the country in the coming days. Youre watching worldwide exchange, bringing you Business News from around the globe. Thanks for joining us today. Let me just dive in to some eurozone flash pmi numbers just crossing currently. The flash number is at 53. 3 in the month of april. This is slightly higher than forecast. The markets expectation about 53. 1. This is also slightly firmer th...

Empire state building that you have never seen before, trust me. First, we are kicking it off with what everyone is talking about. Two big headlines in tech. We will start with the worlds biggest company. Apple reporting a huge quarter, its best ever. Second quarter revenue was more than 45 billion, up by one percent, profit up seven percent , and 43. 7 million iphones were sold in the quarter, a new record. The company boosted a share. Uyback program i do not know where to begin. Investors and ...