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Im katie greifeld, in new york. Welcome to bloomberg markets. Looking at markets so far this monday, there is a lot of green behind me. The s p 500 is up. 9 . Taking a look at tech, it gets even better. The nasdaq 100 is up 1. 3 at a lot of that is thanks to what we are seeing in alphabet, currently up 6 on the heels of a Bloomberg News scoop that apple and alphabet are considering a deal to allow the gemini ai to power new iphone features, sources telling bloomberg that the tech giants are acti...

February 2024 google, quote, utilized its power to help push to electoral victory the most liberal candidate while targeting their opponents for censorship. Google pushing back, saying it has business incentive to keep both sides happy and safe guardeds ensure nonbiased and accurate search results. Nonbiased and accurate search results, joe. Your reaction . You really have to be in a hole or a cave to think that social media companies, tech platforms arent biased towards the left. We saw this ha...

Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed gro...

You hit . Julius, hit. Get a car up here now that deputy suffered a shrapnel wound to her hand. Santa rosa police are investigating the shooting. They say the suspect was armed with this ak 47 style rifle. The suspect shot more than 50 times using an ak 47 style rifle at the deputies. Several deputies were injured from ricochets or from shrap metal associated with that gunfire as well. Wheres he at . Following a chase, police say the suspect appeared to crash his car into a deputys vehicle and t...

Officially lock in their nominations. The u. S. Fight against tiktok escalates the apps ceo meeting with senators later today, while the house is set to vote on a bill that could ban tiktok in the u. S. Completely. Airbnb now banning all indoor cameras from listings when you can expect those changes to go into place royal damage control the princess of wales now saying shes the one who edited a muchscrutinized photo of her family and apologizing for the confusion it may have caused what the pala...

Rink. Rivian revved up after its big reveal. Tim seymour, dan nathan and guy adami with us. President biden expected to announce a slew of policy proposals on the agenda, a call to increase the minimum Corporate Tax rate to 28 and the rate and taxes on buybacks and crackdown on junk fees from credit cards to airline and shrinkflation. A proposed 10,000 tax credit for firsttime home buyers in an attempt to boost the Housing Market. Could that actually heat up that market . Lets bring in diana oli...

Maker of oxycontin. What happens in vegas, hacking, the white house telling thousands of hackers to try to do their worst against chatgpt. Cnn this morning starts right now. The tragedy in hawaii is getting worse by the hour. Overnight, the increase in the death toll up to now 55, and most people we speak with expect its going to go even higher. And very concerned about a lack of warning that were hearing from some of the residents there. Hawaiis governor says that number of dead likely to incre...

Bringing down the sector with results from quarlcomm overnigh. And bank of england is looking for a 25basis point hike or 50 ill speak with Andrew Bailey at 4 00 ap. M. And wall street futures are coming down with the results from apple and amazon and investors are looking to see how the Performance Division is doing. We have been following Economic Data this morning particularly on the pmi front. Earlier on, we had german and french pmi numbers and now eurozone numbers for july. The figure comi...

Before we talk about markets. Ecigarette maker juul, which, pardon the pun, almost went up in smoke last year, bankruptcy. Were hearing the company is seeking to raise about 1 billion here and it is working with jeffries to do that fundraising effort. The company had a bite had about 800 million in revenue in 2022. The hot headline is they are looking for about 1 billion in funding there. We will get you more details later in the show. That aside, and smoking is not good for you just in case, ma...

Surprise profit and Record Services revenue, but says weakness in pc and ipad could continue to drag down sales. And amazon shares rallying after reporting blowout profits beating on sales and the company issuing optimistic guidance as well interesting internals in the jobs report this morning 187,000. Unemployment, 3. 5 average Hourly Earnings, a touch hot, but the workweek shrank, mike, so total weekly pay, below expectations i think it all nets out to consistent with a slowing but still tight...