Welcome to squawk alley. Im Carl Quintanilla with michelle carusocabrera, john fortt. Sara eisen has the morning off we have a vote in the house on the budget elon hi guys, the house has passed the final version of the 2018 budget, clearing the way for tax reform to be completed without any help from democrats. Now, were told that they have reached that 215 marker that they needed in order to get this passed there were at least 19 republicans that voted against this doesnt appear that any democrats supported this Minority Leader Nancy Pelosi even called this budget immoral and a raw deal now, some of the republicans who voted against this, those are expected to be protest votes over the potential elimination or capping of the state and local tax deduction, so there is still going to be a lot of really tough negotiations under way over the next few weeks as republicans hammer out the details of their tax bill. But for now, a big step forward and something that can give them some crucial
Precursors of various human tissues. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Parenti. Acroline im caroline hyde. This is bloomberg technology. That, microsoft, intel all reporting after the bell. We will fill you in on the rosy outlook and the big misses. Plus, creating the biggest power couple. We will break down the secret meetings between the ceos of verizon and liberty, and the consolidation race of the industry. Private equity explosion in silicon valley, we will get the lay of the land for 2017. First, to our lead. Ultimate reporting fourthquarter profit the trailed estimates. If you look inside the bloomberg, shares dipping in extended trading go to gipa. Share fell short of expectations, perhaps due to an increase in the tax rate aftertax rate growth during the quarter. That is up from 5 last year. The Company Continues its stronghold on advertising, beating analysts expectations clips, and narrowing slightly at
Precursors of various human tissues. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Parenti. Acroline im caroline hyde. This is bloomberg technology. That, microsoft, intel all reporting after the bell. We will fill you in on the rosy outlook and the big misses. Plus, creating the biggest power couple. We will break down the secret meetings between the ceos of verizon and liberty, and the consolidation race of the industry. Private equity explosion in silicon valley, we will get the lay of the land for 2017. First, to our lead. Ultimate reporting fourthquarter profit the trailed estimates. If you look inside the bloomberg, shares dipping in extended trading go to gipa. Share fell short of expectations, perhaps due to an increase in the tax rate aftertax rate growth during the quarter. That is up from 5 last year. The Company Continues its stronghold on advertising, beating analysts expectations clips, and narrowing slightly at
Atlantic and the black sea areas of georgia and russia. Washington, the house is considering a scaledback zika bill that would provide only a third of the resources required by president obama. Debates continue late in the night in macedonia, fires burned at that border camp was the police lobbing tear gas and stun grenades. The fighting began a migrant tried to push a rail car through a police blockade. One of the teenagers kidnapped extremists was found with a baby. They responded and were adjacent to the countrys border with cameroon. Bloomberg west this up next. Emily this is bloomberg west coming up, cisco beats in extended trading will break down the networking giants future in an everchanging technological world. Plus, google sent out a wakeup call with daydream, the next generation for the tech giant in Virtual Reality. Googles vp of vr joins us. To it all in focus. And going live on twitter periscope has a new button for broadcast. The company ceo and founder speaks exclusivel
Volatility and various assets as investors try to figure out what to make of the data. Number was worse in terms of the number of jobs added but we also saw some wage growth and we have heard a little bit of mixed reaction to this number. Stocks are down at the moment but there are a number of different factors driving them. The nasdaq is the underperformer, down 6 10 of 1 . Look at the s p 500, we have had a lot of bouncing around even athlete got the number. That even after we got the number. We saw futures recover to some degree and confusion being reflected during the course of the session. We are seeing similar reaction in terms of the bouncing around in other assets. The dollar, for example, a lot of zigzagging in the wake of this report. We saw it go higher and it has been bouncing around since. Seeing aar note also lot of bouncing around between gains and losses. Saw a sharp decline in yield after the number was announced but it has since recovered. It is only up one basis poin