need to see that dprogrowth cone to warrant that valuation. the other thing in the tech space, you have interest rates going up. what s the connection, we think interest rates affecting companies that are sort of older and dependent on borrowing money or people who spend with interest rates. what s the connection with tech? okay, so that s the traditional way of thinking of it and most people don t think about it unless you re really digging into the market. the reason higher interest rates is impacting tech is valuations are based on your future cash flow, your future earnings. if your future earnings, if you have higher interest rates, those future earnings have to be discounted back to the current day at higher rate. that means it s worth less. today your dollar is worth less than it will be tomorrow when rates are rising. does it worry you in terms of investments in technology is, or is this just an adjustment after a long bull run? i think this is an adjustment. valuation
looking out for now is reporting on apple. a lot of sentiment moving forward will likely be determined on the back of these results. keeping in the tech space, one interesting bit of niece is related to netflix. netflix is going to launch three of their movies in cinemas before they actually hit their streaming service. this marks a big pivot in netflix s willingness to adapt and change their model. people say these movies are oscar contenders. we may start to see netflix in with the big dogs in oscars very soon. lewis. all right. it will be a big day for google as employees worldwide will be staging a protest today in the company s handling of sexual misconduct following a bombshell
weakness and tech dot, conned about policy. president trump tweeting over the weekend that amazon was scamming the poe stall service and usps was losing thousands of dollars. he tweeted out amazon should pay these costs. yesterday, amazon down by 5% and broader techs followed suit, bernie sanders and warren has questioned the site of amazon. tech dot has been up over the last companies like facebook of course has been under fire over concerns of how they handle the data of the people who use their plat forms leading only some regulations may be heading into the tech space. facebook, amazon, netflix and google own global tech has
in the tech space, different types of tactics bad actors are using to take advantage of those platforms. it s a constant race. what mark said to me with security, sometimes you re playing catchup. you ve got to really be proactive as opposed to reactive which i think is what has gotten facebook in trouble. that answer was very interesting. to me watching it, it looked as if mark zuckerberg was rerersed, practiced, knew exactly what he wanted to say in most cases. but there were moments when you seemed to catch him off guard, particularly when you asked if facebook affected the outcome of the 2016 election. yeah. he doesn t do a lot of press. he did have these talking points. i do think there are moments where you see him really kind of he s grappling with this. i asked him point-blank did facebook impact the 2016 election. listen to what he said? do you believe facebook impacted the results of the 2016 election? oh, that is hard. i think that it is it s
treasury department. we have over 100 people working often this and it will be a completely trance parent process. let s turn to business where the run continues with the dow and s&p 500 both kicking off the trading week cloegz at new record highs. what do you think helped the markets to those higher points yesterday? reporter: good morning, louis, it seems to be the case every day the jones group is moved by the energy and tech se sect tore. it helped crudes and brents with new highs trading near $58 a barrel. and in tech space, advances pushed the nasdaq higher with some of the major stocks like apple, for example, leading the move up. let me bring your attention to