Page 2 - Tech Holding News Today

Well, tech is holding up well given it has high multiples coming into this part of the reason tech is the answer to some of the issues particularly working from home, things like krits tricks, zoom, microsoft, amazon, have outperformed it appears this is going to be somewhat of a permanent change theres a spike but even coming out they could benefit we would like to see more breadth within tech. Its been big and focused. Last week was interesting. As we started to get a rally in tech we got a se...

A fairly strong currency move this week. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london, frankfurt and new york come our bloomberg voices are on the ground with this mornings top stories. In asia, the coronavirus continues to spread, with south africa reporting a surge in was also inand that south korea. Joining us is stephen engle. Give us the latest. Stephen you have another revision out of china as they get previously u...

From beijing to new york, jersey and south carolina. We have the top stories. We begin in asia, where the spread of the coronavirus is feeling concerns it is widening the pandemic. The cdc issuing a stark warning for the u. S. It is not so much a question of if this will happen anymore, but rather a russian of exactly when this will happen but rather a question of exactly when this will happen . Me is selena. Walk me through the latest. In china, the rate of infections continue to stabilize. Few...

Something i know its something we didnt see as an ideal tool in our institutional context. And i think, you know, different Central Banks around the world did Different Things and we can observe how those things work, but i dont think we regard that as a firstorder tool or something we would be likely to use. There are other things that we need to look at. And i would say yield curve control, sort of shortterm yield curve control is something thats worth looking at. Not at all something that we ...

Hedge. Our next guest says that apple, netflix, and facebook are recession resistant. Were joined by steve malonovich first. Its been up and down m micron had a tough number. But tech is holding in yeah. I wonder i mean, where do you think how would you characterize sentiment right now if not on tech than on faang alone . We actually did a survey earlier in the week. And on tech overall, investors are moderately bullish for the quarter and next year. However, theyre much more balanced on faang. ...

Yvonne this is after Boris Johnson seemed to double down on the fact that the eu, he will not start to brexit talks unless they reopened the previous deal they reached with theresa may. That santa the pound dropping like a rock, at 1. 21, as we mentioned. Whether the boj can actually whether the latest meeting, and tamp down expectations, the yen will strengthen and the dollar will wink it weaken if the fed does cut. Here,interesting to note we always talked about the average time to make a poli...

Continues to look dicey ahead of critical Earnings Report next week well discuss what is riding on that during this final stretch of trading elsewhere, chevron, a huge drag on the dow today after its earnings and concerns about its planned deal with hess j j, amgen, look at them also weak them, weak spots, de health care putting in a tough week we are watching jpmorgan, too, you heard the news yet again a moment ago, down near 4 jamie dimon will share some shares for the first time as that compa...

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...

Target is looking to shut stores. Costco said its not a major problem. President biden urges uaw workers to stick with the strike while elon musk says the demands are a sure way to bankrupt the big three. We will get to costco in a minute. Lets start with the markets looking to rebound from yesterdays selloff. Jim, you have said this morning be careful, dont bite too soon. Thank you. Because you come in, now i have to tell you that when i was watching Frank Holland this morning, looked like we w...

First Lady Michelle obama. The current first lady, melania trump, garnered 1 of the vote. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Cory this is Bloomberg Technology. Successp, big tech, big in 2017. The headwinds in the coming year. We will discuss. Among the top cryptocurrencies of the year, it is breaking out from bitcoin. The ceo, brad garlinghouse. A look back at tech leaders who helped shape 2017. Satya nadella, Sheryl Sandb...