Oil, though, now down more than 16 yeartodate, spencer. What looked like a bounce last week we know now is potentially not a bottom. You know, it just goes to show how confusing the difference in the divide is between wall street and main street. Most regular americans think the price is oil is down, i get to save money at the gas pump and yet were telling them thats really bad for everybody and thats why stocks are down. Clearly investors have rediscovered risk. They are caring about valuations for the first time in a long time and it starts in the Public Markets and certainly trickling upstream to the private markets. I see this in my Angel Investments and in the Venture Capital community for sure. We seem to have this reliance again, mike, on rhetoric as they kick off the twoday meeting this week. I think the muscle memory is very strong. And there was a lot of anxiety going into the december fed rate increase. So i feel like the backdrop is, okay, it seems like theyre kind of takin
Next lets take a look at the markets. Here is how they are trading in the morning before the lunch break. In singapore, tokyo, mumbai. We saw a gain, a rally. Im back in half an hour. Emily i am emily chang. This is bloomberg west. Another record quarter for facebook as it rakes it in for mobile video and instagram. Share surpassed 100 in afterhours trading. Ebay shares tank. Wall street weighs in on apple, who is cutting their price target and why . Facebook crushing fourthquarter earnings as the Company Continues to rake in ad revenue from video, mobile, and instagram. Overall revenue was 5. 8 billion, up 57 year over year. Shares spiking after hours, as much as 9 . Sheryl sandberg talked about a shift on a conference call. If they want to reach their customers where they are, mobile is essential. Our conversations with clients have shifted from when to how. Emily here with me to break it all down is our next guest and cory johnson. I heard you refer to facebook earnings with a word
This is part of the starbuck strategy to increase u. S. Sales growth and the Ceo Howard Schultz describes it as ecommerce on steroids. Overseeing development of the Android Software using more than 70 of the world smartphones is leaving the company. Andy rubin will be creating an incubator. I spoke with a Silicon Valley recruiter about the shift. Is a lot of action at a startup level. A lot of companies doing really interesting things with relatively small amounts of capital. You dont need to be at google anymore to be at the cutting edge of innovation. Hiring steve schnell, the former Vice President of operations at rival lyft. Schnell left uber with two other executives. They said they left after disagreements with cofounders over how the company was being run. Now to the lead, a spacecraft for sir Richard Bransons Virgin Galactic tourism operator crashed during a test flight in california Mojave Desert killing the copilot and injuring the pilot. An faa spokesperson says Ground Contr
Strategy to increase u. S. Sales growth and the Ceo Howard Schultz describes it as ecommerce on steroids. Theseeing development of Android Software using more than 70 of the world smartphones is leaving the company. Andy rubin will be creating an incubator. I spoke with a Silicon Valley recruiter about the shift. At a a lot of action startup level. A lot of companies doing really interesting things with relatively small amounts of capital. You dont need to be at google anymore to be at the cutting edge of innovation. Hiring steve schnell, the former Vice President of operations at rival lyft. Uber with two other executives. They said they left after disagreements with cofounders over how the company was being run. Lead, a spacecraft for sir Richard Bransons Virgin Galactic tourism operator crashed during a test flight in california Mojave Desert killing the copilot and injuring the pilot. An faa spokesperson says Ground Control lost contact just after 10 00 a. M. Local time. Following
Spoke with Bloomberg Intelligence analyst anand srinivasan, and starting by asking if apple should be worried about the ipad. The ipad were meant to be weaker than expected theres a product refresh coming. Been getting sale. So tablet growth has been slowing. People are starting to figure it out. Theres a phone with larger screen, pc that can do a lot. And this stuck in between. The pad refresh. Sort of helps reinvigorate that trend. I think that there are a lot of things interesting. The quarter really strong for the Biggest Company in the world like weve never seen great Big Companies grow. Ahead of the Holiday Quarter. They would have had every excuse to say we only had the new iphone for one of the 12 weeks or for one of the 13 weeks of the quarter for products. And the old product was old because the consumers knew it was going to be old but we saw a slowdown in sales. They showed you, 56 of sales. Not only the largest percentage of sales of the things they sell. Its most of the c