Too. Tenyear well above 1. 8 and 1. 822. A developing story from china with big implications for u. S. Companies the Financial Times reporting that the communist party now ordered all state offices to remove foreign hardware and software within three years. This could hit firms like microsoft and dell, hp, especially hard. Now analysts estimate 20 to 30 million pieces of foreign equipment would need to be ultimately replaced. The order is not yet public yet but was described to the ft by two Cyber Security firms so this is going to this is like the fallout from huawei this is the fallout from huawei everybody out of the pool at one time think about microsoft and by the way one of the names not on the list, apple. Interesting where is apple . Apple doesnt do a lot of enterprise work in terms of corporate maybe not government. Maybe not government work but. More of a consumer play i dont know. I was thinking about that this morning. Where apple plays in that. Apple is obviously threaded
Where i was over the weekend among the headlines and there were a lot, a warning about potential risk for the u. S. If Tech Companies decide not to do business with the pentagon. My view is if big tech is going to turn their backs on department of defense, this country is in trouble. That just cant happen so we have to, it is up to the Senior Leadership to say i understand these are emotional issues, we dont have to agree on everything, but this is how were going to do it we are going to support the department of defense. This country is important. Meantime, heavily redacted 103 page document that was just made public a short while ago, amazon says President Trump launched, behind the scenes attacks against the company, which led to it losing out on the major jedi contract for Cloud Services that we have been covering so closely. Guys, in general the bottom line from jeff bezos at the event this weekend is amazon, you could make the argument origin, the Space Company looking for Nation
Afraid to take your issue seriously. You are never too young to have an opinion so that your voice be heard now. For more information go to our website, studentcam. Org. Welcome to todays conference on Intelligence Surveillance reconnaissance and targeting. This part of the series conducted by Hudson Institution for american seapower. Im seth cropsey, senior fellow here at hudson, and also director of the center for american seapower. I hope that you have monograph the subject of our discussion today, and if you do not, i believe that we still have copies out at the front desk, so by all means pick up a copy on your way out. We are very fortunate to have with us today bryan mcgrath, this man, my friend and coauthor of the monograph was also a retired naval officer, formerly Deputy Director of hudson sector for american seapower, a prolific writer and also managing director of the Ferrybridge Group which is National Security and defense consultancy. Its also a pleasure to welcome david
Billion in Box Office Sales this year and one of the most anticipated movies doesnt hit theaters until next week Worldwide Exchange begins right now. Good morning and welcome im Courtney Reagan in for Brian Sullivan you know its me because you have Country Music playing its my favorite here is how your money and Global Markets are looking this monday morning stock futures indicating the dow will open just slightly lower at this point and this, of course, you can see the Dow Jones Industrial is down by just 31 right now, the indication but this is as the dow comes off the best day since october 4th, surging more than 330 points after that breakout jobs number on friday morning. And hitting those 50year lows for unemployment lets get a quick check on whats going on in fixed income and look at the bond market this morning. The yield on the tenyear is 1. 822 and the twoyear note 1. 611. Lets check what happened around the world perhaps while you were sleeping here in the United States, the
Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with jon fortt at post nine of the new york stock exchange. Morgan brennan is in simi valley at the Reagan National library we start with jobs numbers, sending stocks surging, near session highs, up 303 on the dow, flirting with 1 gains in the session. Joining us to morning, mike santoli covering the up swing in the best of both worlds. The market was craving a good number, good news is good news no implications for the fed trying to restrain things. It is interesting, you look at the week, we did a v in psychology and the stock market, a week ago yesterday hit the alltime high, 3150 in the s p 500. We ran into ism numbers that challenged the rally u. S. Growth close to 2 . Weaver an overbought market, little shakeout. Now it seems like numbers since then restored that premise that things are Getting Better or never got that bad as we thought late summer. The question now, we return to the highs. Still have valuation r