Scarlet lets check in with our reporters. Abigail, what are you watching . Abigail i am thinking about the s p 500 that did move up. This chart doesnt show a little bit of the panic. We looked at it many times. There is the tail end of last years big selloff. This years big rebound. We were talking about the range between 2800 and 3000. It looked like the range was going to break down. In october, we had a higher low. The entire range fulfilled the target of 3200. We are now above that level. Above look at how far we are the average. History repeats itself. It looks as though we will have consolidation ahead. The rsi at 76. Once it starts to turn down, it could suggest the men some is going to come back off. Today, and this year, very bullish for stocks. Taylor so often in San Francisco and new york, we talk about how often tech is outperforming the s p 500. Up just under 35 . Top four companies in the s p 500 are accounting for the rally. Apple alone amounts to 9 of the rally. The iph
And our extended conversation , with the ceo of qualcomm. Why he thinks 5g will change the way we do business forever. It is starting to feel like the Holiday Season. Americans got out their wallets over the holiday weekend, spending more than 70 billion on shopping over that fourday period. Amazon is gearing up for the heavy spending month by heading back to basics, testing cheap warehouses. That will let merchants to store resources near amazon delivery locations. It will let merchants avoid storing their goods in amazons warehouse base where they pay premium prices. To discuss, we are joined by ysomberg technolog spencer. What do we know about the new Service Called storage and replenish . Spencer we know they are giving this a try in southern california. Highlighted it nicely. The problem with amazon this time of year is it is always a race to create capacity. It has these expensive automated facilities with conveyor belts, robots shuffling things around. Those facilities are expen
Are feeling the pressure. Our extended conversation with the ceo of qualcomm. Why he thinks 5g will change the we forever. Americans got out their wallets over the holiday weekend, spending more than 70 billion on shopping over that fourday period. Basics, testing cheap warehouses which will storemerchants to resources near amazon delivery locations. It will let merchants avoid storing their goods in amazons warehouse base where they pay premium prices. We are joined by spencer. What do we know about the new Service Called storage and replenish . Know they are giving ins a try and a try southern california. Ontario, california. With amazon this time of year, it is always a race to create capacity. It has these expensive automated facilities with conveyor belts, robots. Those facilities are expensive so it is not smart to use them for storage. Amazon needs to supplement the Storage Capacity for those facilities with cheap, plain old warehouse is nearby. They are kind of scouring the cou
We look at the opportunity that awaits. Vcs and executives will meet in Silicon Valley this week to discuss whether the system for ipos is working. Could there be an easier solution . But first, to our top story. Facebook Ceo Mark Zuckerberg is ready to take on the u. S. Government if Elizabeth Warren wins the presidency. This is from leaked audio obtained from beverage about zuckerberg during a july meeting with employees. Mark if Elizabeth Warren wants to break up the company, i would bet we will have a legal challenge and i will bet we would win the legal challenge. So basically, does that suck for us . Yeah, i mean, i dont want to have a major lawsuit against our own government. That is not the position you want to be in. You know, its like we care , about our country and want to work with our government and do good things, but at the end of the day, if someone is going to try to threaten Something Like that existential you go to the , mat and fight. Taylor zuckerberg also spoke on
That awaits. Executives andv. Executives and v. C. s will meet to discuss whether the system for ipos is working. Could there be an easier solution . But first, to our top story. Facebook Ceo Mark Zuckerberg is willing to take on the government if Elizabeth Warren wins the presidency. About a july verge meeting with employees. Toif Elizabeth Warren wants break up the company, i expect we will win the legal challenge, does that suck for us . Yes, i do not want the have a major lawsuit against our own government. That is not the position you want to be in. We care about our country and went to work with our government and do good things, but at the end of the day, if someone is going to try to threaten Something Like that, you go to the mat and fight. Taylor zuckerberg also spoke on other topics, including their cryptocurrency, libra, and the competition with the chinese social app tiktok. And there is a lobbying group that represents Big Tech Companies like facebook and google, a guest,