It was compromised by hackers. An aide said he almost did not deal with classified information. Global news 24 hours a day. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is Bloomberg Technology live from new york. No risk, no reward. They bolted to the top tier after being the first to bet on snap. We speak with the managing director. It is her job to make sure they play by the rules. Does the e. U. Have it in for apple, facebook, and google . You will hear our exclusive interview. Card. Sks first report how did the pivot to the cloud impact their bottom line . We will crunch the numbers with the companys interim c. E. O. First to our lead, snap continues to pop on the new york stock exchange. Shares continue to rise, ending the day up 10 . Also riding high is its investors. They were the First Institution to financially back it. It has been on a seller run in recent months. Joining me now from San Francisco, the managing directo
It was compromised by hackers. An aide said he almost did not deal with classified information. Global news 24 hours a day. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is Bloomberg Technology live from new york. No risk, no reward. They bolted to the top tier after being the first to bet on snap. We speak with the managing director. It is her job to make sure they play by the rules. Does the e. U. Have it in for apple, facebook, and google . You will hear our exclusive interview. Card. Sks first report how did the pivot to the cloud impact their bottom line . We will crunch the numbers with the companys interim c. E. O. First to our lead, snap continues to pop on the new york stock exchange. Shares continue to rise, ending the day up 10 . Also riding high is its investors. They were the First Institution to financially back it. It has been on a seller run in recent months. Joining me now from San Francisco, the managing directo
Met with the head of the naacp today. Thats after sessions suggested the Justice Department would limit federal investigations of troubled police departments. The naacp say sessions policy signals a troubling decline. Decline in the countrys commitment to civil rights. Vice president mike pence used his personal email as governor. Says theana star account last year was compromised by hackers. An aide said he almost did not deal with classified information. Global news 24 hours a day. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is Bloomberg Technology live from new york. Coming up no risk, no reward. Vc bolted to the top tier after being the first to bet on snap. We speak with the managing director. It is her job to make sure they play by the rules. Does the e. U. Have it in for apple, facebook, and google . You will hear our exclusive interview with the eu competition commissioner margrethe vestager. Autodesks first report card
Election. What do you do here . The rotation in the financials and i think you can stick with those. Yesterday i took off a lot of the financial positions, took off a few more today. Scott, when you look at whats going on now, howard ludnick was on last night talking about how regulations, if those were put down a little bit, a little bit softer, druckenmiller again said exactly the same thing. If thats the case, that means the financials have room to run and theres plenty of room. There might be even more room. The paper we have been seeing flowing in there, 95,000 bank of america calls were bought yesterday midday, scott. And then sudden ly they come in today for the xlf. Theyve been coming in for almost anything financial. E trade was just a few days ago. They continue to come in for those. When i say they, i mean those with big, big, deep pockets coming in saying the financials are going high. Is this a play out of tech into more cyclical, more value areas, if you will, industrials
Campaign promises delivered. Hooray for capitalism. Now these feelgood stories inspire even the most hardhearted cynic, and its even better news when its the result of comprehensive tax reform that drastically lores the corporate rate. But is there more to the story than meets the eye . Possibly. The state of indiana is giving United Technologies 7 million in tax breaks. Some might call that a government subsidy. And since president elect trump highlighted the carrier closure as the company sought greener guacamole in mexico, critics say hes cherry picking a winner. His supporters say, well, youve got to start somewhere. If youre lucky enough to land in the cherry pie, that is fantastic. But if these magical subsidies are rare as raw steak, it doesnt do much to change the Business Environment in this country to make it more hospitable to growth. And who knows who lands on the lucky list. Government shouldnt be in the business of picking winners and losers like so many numbers on a roul