Page 3 - Technology Capturing News Today

Not to pursue the spinoff of the shares, roughly 15 of alibaba that it owns into a separate company. That of course is is spinoff thats been planned for the last nine months. Announced early last year. And expected to have taken place early next year. Not going to happen. In fact, now sources familiar with the situation tell me the board has directed the company to examine a spinoff of its core business likely to also include its stake in yahoo japan. A socalled almost reverse spin which would h...

Impending homes later this hour. Black friday numbers are in. Cybermonday deals are in full swing. The u. N. Climate change conference kicks off today in paris. Well take you there live for the latest. Amazon with a sneak peek of new delivery drones and taking a shot at regulators saying theyre ready to deploy when they have the regulatory support they need. First up, indications are that the Holiday Shopping season is off to a tepid start. Americans spent about 12. 1 billion over thanksgiving a...

But first we start off with a market that seems like it wont quick. The dow surging for three straight days. Materials and Energy Leading the way. Rallying 3 and 4 in todays session. Is this a rally you want to buy or fade. Guy . Some you want to fade. No question about it. Freeport macmaran, the movement over the last week. Nothing has changed whatsoever. Other than the fact the stock is up 20 . Caterpillar will be up 7. 5 to 8 . Nothing has changed there. And on the flip side, Goldman Sachs. B...

Going from here. Opportunity in the rubble. We have an Energy Analyst who says there are stocks to buy in that sector if you have the stomach for it. He will tell you what they are coming up in a little while. Plus Venture Capital allstar jim breyer, he will join us live to give us his take on the current tech environment. But we begin with todays commodities swings, Jackie Deangelis is covering the action at the nymex, bob pisani is on the floor here at the New York Stock Exchange. First we tee...

That question is driving a lot of todays action. Climbing 79 points,some p sinking 4. 6 , nasdaq dipping 4. 7 . I think disconcerting for a number of reasons, we are going to go over them. I hear that amazon might be growing sales in a doubledigit clip yearoveryear, including this one, i think about how big amazon is, i regard that as a discouraging trend for everybody else because theres simply no way that one retailer could see such an enormous uptick without it being zero sum, amazons game is...

People shopped over the holiday weekend. Almost equal numbers visited physical stores and online outlets. Well have much more with our veteran industry analyst dana telsey will join us in 20 minutes. Before we do that, lets take a quick check on the markets. U. S. Equities at this hour, dow opening up 27. 5 higher. Nasdaq up 6. 5 higher. S p 500 at 1 point. Lets tell you about global news this morning. World leaders arriving at a u. N. Sponsored summit on the outskirts of paris today. Amid heavy...

European markets following through to a certain extent largely in the green. Spain is the outlier there. Election. A little more election. 2. 18 for the tenyear yield. I hear that r word, but everybody says well hit below 2 again. If youre in other parts of the country youre talking r. Were talking recession. But we could be talking road map. Ours starts with star wars. And a rare look inside apples operations, and what ceo tim cook is calling political crap. And mark Martin Shkreli spe out afte...

Is what happened today. And the nasdaq climbed. 65 . What exactly defines crazy town . Its the worshipping of the false god of higher oil. Or even the demi god of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy. First to the crazy t...

And the havenotes. Today the dow out of nowhere ga gained 123 points. The gulf between the winners and losers. These examples will rip your eyes right open. First we had three winners on the web, alphabet, expedia, and facebook. Alphabet, formerly known as google, rejuvenated itself after amazing cfo work at morgan stanley. 2016 will be the year when they really monetize youtube which is worth a heck of a lot more money than it seems. Facebook remains a money machine. Theyre a virtual monopolist...

Market. I knew the warm weather wouldnt last forever. No, winter is finally here. Winter is coming as they say. Amazon, by the way, releasing actually some rare numbers this morning saying it was a record setting holiday for the ecommerce jiebt. We will look at whether there are any other retail winners this Holiday Season. And an ugly drop for one biotech firm, chimerix, the stock down 81 . That story is coming up on the closing bell. Never good when the change is larger than the price of the c...