Page 22 - Tech Bubble News Today

Out what inning it is in. What inning are we with the weight loss drugs or electric vehicles . We are clearing the final inning of the nelson proxy fight for board seat. It is dizzy because he did not get the votes but he could pick up a full million in profit. That inning game that bothers me the most is, what inning are we in the Artificial Intelligence whom . For the last few days weve seen everybody coming down in the ai space. People arguing because the declining stock prices we are in the ...

Strong session. That sector going for its seventh straight day of gains. The only other areas with some green on the board kind of feels a little suspect as this last hour begins, well keep our eyes focused there as well. It takes us to our talk of the tape. Is the markets uncanny resiliency throughout much of 2023 a sign of whats to come in the months ahead or just too much to maintain. Lets ask eric johnston, hes made his case on this show that stocks are due for a big drop, and on the other s...

Wenzler in the gb newsroom. Your top story this hour. The Prime Minister has admitted flights carrying migrants to rwanda will not take off before the general election in july. But he says the scheme will continue if hes re elected. It comes as Political Party leaders begin six weeks of trying to win votes after it was announced polls will open on the 4th of july, kicking off the Conservatives Campaign this morning, rishi sunak claimed labour would do absolutely nothing to stop the boats. Everyo...

Geopolitics and what is happening in gaza and israel and what is happening in ukraine and russia and the economy as so much more. We will bring you all of that conversation ahead over the next three hours. Well be showing you pieces of that interview all morning long. Andrew, your biggest take away the biggest thing you think will be most important for the markets or investors watching with us . You know, we got into the conversation which we will show you in the 7 00 hour with the euro it is li...

Not stand as a candidate. A blow for richard tice awesome incompetence and uselessness of this concert of government and the lib dem leader, sir ed davey isnt making much sense, but with this election, we have the chance to win the change our country so desperately needs. Yeah, theres a longer clip of that. The net migration numbers are out and the spin is on immigration figures and they are down by 10. Its actually been around a 50 increase in work migration. 50 increase in work migration. And ...

Cloud revenue is pressuring the stock. Top gainer on the s p. It is the rise of generative ai. A wider than expected stop. Lets get to the tech giants in the battle over ai. Despite the top and bottom line, the low consensus, they are optimizing their spend. When i first got in the business, there were grants that i thought should be terrible. It never rained on the target site. David, they were not optimizing. Is because they are ai offerings. I want to make sure that i understand it as well. T...

A new high earlier today for jpmorgan, holding its investor day today, Ceo Jamie Dimon says no buy backs at these levels and the stock didnt like that and said he was, quote, cautiously pessimistic about the state of the world right now. Well discuss coming up. It takes us to our talk of the tape, all that continues to rally and if its a sign that more gains are on the way. Welcome in pimcos erin brown. Nice to sea you on the east coast. Nice to see you as well. This everything rally pretty amaz...

Front war because has bola is pushing itself in. Something we been watching here which is remarkable, the yield on a 10 year bond has been collapsing. It comes down every time someone buys a lot of people have been buying. This is all the skittishness about the israeli war and investors are drawn to us treasury notes and bonds and thats pushing down bonds but as our stock editor and allaround genius came out with this during the commercial break, the 10 year treasury is down 20 basis points. Mon...

Santoli. The initial shock has given way to, oh, wages didnt rise as fast. Thats what the fed really cares about. Absolutely. Offsets within the data as well as i think that initial reflex Market Action tested the bounds of where weve been in stocks and bonds over the course of the week. 488ish on the 10year yield, touched it and came back. 4216 on the s p. The intraday pinball, that was a successful test. Beyond that, i do think that, you know, the markets unwilling to extrapolate this pace of ...

Senior markets commentator mike santoli taking a look at that question. Doesnt feel very settled. No, and not persuasively so. We did get a bit of pressure taken off that surge in bond yields yesterday. This morning it seems a bittentive ahead of the jobs number tomorrow. Its unclear to me youre going to get a lot of decisive moves. The scene is set for potentially some nearterm reversals in both fixed income and in equities. Of course, as youve been saying for days, it always gets this way when...