For killing black parishioners in 2015. The deal will not save him from possible execution. Global news 24 is a day powered by more than 26 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Brad i am brad stone. This is bloomberg technology. Up, u. S. Stocks close out a stellar First Quarter surging to alltime highs this week. We will focus on the biggest winners. As iterry turns a profit reinvents itself as a software firm. Will hear from c. E. O. John chen and bring you the top tech headlines of the week, including the latest on the spacex landmark rocket launch. We close on the books on the first quarr of the year ended is the best quarter for your stocks since 2015. Abigail doolittle joins us from new york. Break down this bullish quarter. Abigail it was a great quarter for your stocks. The dow and s p 500 both have their sixth orderly gain in a row, the longest quarterly winning streak for the dow since 2006. Speak about bullish,
Early to discuss a deal. Congress is investigating russias meddling in the election. U. S. Secretary of state Rex Tillerson and james mattis are overseas and stressed the importance of nato. Tillerson called nato the bedrock for transatlantic security. Convicted South Carolina Church Shooter dylann roof will plead guilty to murder charges to avoid a second death sentence. He has been awaiting state trial for killing black parishioners in 2015. The deal will not save him from possible execution. Global news 24 is a day powered by more than 26 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Brad i am brad stone. This is bloomberg technology. Coming up, u. S. Stocks close out a stellar First Quarter surging to alltime highs this week. We will focus on the biggest winners. Blackberry turns a profit as it reinvents itself as a software firm. We will hear from c. E. O. John chen and bring you the top tech headlines of the week, including
Let us know which you think about todays top stories by following me on twitter at rishaadtv, use trendingbusiness as well. Another 30 minutes to go before the chinese session kicks off. David here is david. A lot of data coming through. We had the gdp numbers out of reaction onjerk dollaryen. Japann lows of the moment under a little pressure, asia mixed. The has erased kospi has erased most of its gains. We are watching for the apple effect. Three,re apples big these guys need apple as much as apple needs these three. Has 850,000 employees, roughly speaking. These are the guys that make the iphone. The taiwan dollar has been driven up. When you talk about the companies that need apple the most. Herea look at this graphic. As you make your way down the list, you have the likes of , andron, japan displays others that get a lot of Software Revenue from apple. Debate iphone, a big whether it is something new and will help the trend in china, but a lot of companies depend on what happens t
Push things up. Joe Consumer Discretionary is leading the way. Overall it was a pretty quiet direction less day. Scarlett scarlet alix turkish stocks surprisingly posting their longest rally in a must for years despite the terrorist bombing we have seen over the weekend. Muddling along but a lot of action happening overseas. Fairly quiet day in the bond market. The two year yield and the flat on the day. 10 year yield and it down a little bit. Not much happening in the u. S. Curve today. Scarlet the market drifted higher, paring some of its losses for the last two weeks. Egypt valuedank of its currency by a must 13 . There is the dramatic move. To conserveas foreigncurrency reserves and to boost its competitiveness. We are in a competitive devaluation world. At one point oil sells the most is the beginning of february, it is surprising stocks do not sell up as much. You name it it was down. Gold was down, iron ore was down. All the previous winter suffering quite a loss today. One comm
Particular, where Reed Hastings has to answer questions about new competition from amazon. Amazon announcing it will offer prime video as a Standalone Service for 8. 99 a month. Before this the only way to get Amazon Prime Video was with an amazon prime membership for 99 a year. Lets talk earnings first, because there seem to be this rotation into the ibms and intels of the world, what we have been calling gray chips, some of the formerly out of favor value names. What is the proposition for growth for these companies . I wouldnt call ibm a value name. When Warren Buffett bought Burlington Northern he was making a bet on the American Economy. We knew i. T. Spending was going to go down, ibm trying to refashion as a cognitive play. How much does that play into the messaging it gives to investors . A lot of people have been saying they are struggling because of the cloud and all this kind of different names of whats happening. Really, whats happening is ibm is not able to compete with th