Page 2 - Senior Tech News Today

Do we ask everyone to turn on their cameras . Were getting ready to get started. The hearing will come to order. I welcome everybody to this hybrid hearing. Both ranks member mr. Hysse and myself have wanted to have hearings resume in person especially when we are in session. I made a promise that i would fight for that, and today is the fruit of that effort. I believe when were in session protecting everybody, those who are not comfortable or physically cannot join us in the hearings room, are ...

Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july...

Did as well in terms of market cap. You can really move if you give the market a beat. Romaine you saw apache rally fall by and conoco about the same amount. This split between Companies Still invested in shale and companies that have more offshore resources. Taylor i still think we should have bought oil at 30 per barrel and stored it in your swimming pool. Romaine right next to the gold. We are waiting for a lot of earnings today. Apple, amazon, facebook, shake shack, yum brands. One of the bu...

Look particularly at the nasdaq, its up 16 year to date but the wait is what you have to think about. Facebook, apple, amazon, microsoft google are up 13 year to date. So youre seeing overweight in terms of really big companies. Any meaningful downward movement along them is going to result in broader index. Im not optimistic particularly nasdaq because i think its overinflated liquidation there is it too glib to say if vaccine hopes are met with real positive data that technology suffers from a...

Several u. S. States report record numbers of cases. States reconsider plans to open. To data inadds australia. Shery lets get started with how u. S. Futures are kicking off trading. We are seeing them down. 1 after u. S. Stocks ended in positive territory but off session highs. We have speculation congress will seek additional stimulus. We also have some positive manufacturing data, although not in expansion territory as of yet. The s p 500 finished at the highest level in almost two weeks. Con...

Housing market the Housing Market has been a strong part of the economy and also boeings 737 max test flight looked like it went pretty well. That stock is up nearly 10 . 59 minutes left if trade. Yeah, helping the dow outperform today coming up on todays show, etsy is major winner at stay at home trade. Shares doubling this year. Well ask Josh Silverman, sooce how theyre using the platform and well talk to larry kudlow about the rise of cases in the United States and the Economic Impact some st...

In the early part of the session, not just the yield curve that dom mentioned but suspensions of dividends from very large european banks this morning as well. And you have the great interview with michael as well talking about that bank and everything hes seeing through that lens, too the other thing in focus, real estate, worst performing sector in the s p today in what is a down day across the board for the major averages coming off the worst First Quarter for the dow and s p ever the other t...

Dennis muilenburg, replacing him will be the former chair, technically chair, will step out of chair, become president and ceo, David Calhoun he becomes president and ceo effective january 13th what was the final straw that broke the camels back in large part, the relationship between boeing and the faa which is completely broken down over the last several months. I learned from sources that this morning David Calhoun called the head of the faa, steve dixon it was a short but amicable phone call...

And joining us now to see what 2020 has in store is managing director, victor anthony, and Portfolio Manager at needham growth fund, Chris Retzler good morning. I look at the tech stocks that did the best this year, a lot of them were kind of underdogs, roku, top of the list coming into the year, people talked about netflix would beat up on them this year, the narrative seems to have shifted. Apple is another one people thought apple would have a bad year not only trend wise in tech whats import...

A piece over the weekend diving into the tech giants Cloud Computing arm saying its quote snuffing out the competition. Joining us now to discuss with us on set. Happy monday. Good to have you. The central question i think here is when is this sort of behavior selling your house brand not okay Grocery Stores do it. Best buy does it. You know, they got best buy internal brand tvs and what not. Is amazon so powerful and got good market share that this becomes kind of a soul crushing and anticompet...