Halfway through 2019 its the last trading day of the first half how has tech performed what about all of these recent ipos bob pisani has some of those answers and joins us on set. You know what i love . I love how wrong the consensus is humans are terrible at predicting the future and nobody is worse than wall street at it, so remember when we started in 2000, back in january, everybody said, the ipo market, oh, theres going to be 200 of them. Everybodys going to go public no one will want all of this stuff. Theyll price this stuff too high and the only thing anybody wants is uber and lyft are they sure they want those . Everything was wrong. Look at the numbers. Were at the first half of the year with. 62 in the Second Quarter, 25 billion. It was the most active quarter by deal count in four years. It was the most capital raised in five years. And look at the 30 the average return on ipo. Thats twice what it historically has been. So the answer was, oh, it turns out theres people dyi
Just to complete the question is, what does it mean to be human . What are the things always to be proud to offer shows because its that i find this moment extremely profound because it gets really forced us to think to exactly what pushes. This is what makes humans human scale to see if theres a whole lot at stake here. Careers unbelievable amounts of money and who gets to shape the future calls the and its already become a global race for supremacy in the age of Artificial Intelligence. China, the United States and the European Union of buying for economic growth, political influence and power. So other be Tech Companies and style shops, a horse on the hills, for those who lose go be no 2nd chances. Jonas andrew was founded one of the most influential European Companies with his health, the European Union, could catch up with the worlds i. Lead is become independent from the us and china, secure press, press future, reduce it. Sorry. This is a watershed moment. Are you are allied for
Explode. Speaking of ai thats been powering tech, but dont go with the high flyers. We have some under the radar names, and one sector and a name thats a bail. Thats coming up lets start with the markets with some recovery, we hope. Dom chu has the numbers. Its a recovery, modest for what happened yesterday, but we are seeing green, fractionally so to kellys point, the dow at 39,133, up about 68 points about 0. 2 of a gain there the s p 500 is now just above 5300, back to that level, 5304, up 36 points, 2 3 of 1 gain there. And it has been generally a positive day, because even at the lows of the session, we were up roughly 11 points and up about 44 points towards the highs of the session, so tilting a little more towards the higher end of that range. The nasdaq composite, the ted cruz heavier index, show up about 180 points, 16,969. Now, well move from stocks to the more macro commodity side of things because what we have seen over the course of this past week is some really decent hi
Judiciary subcommittee on privacy, technology and the law is about 2 hours and 20 minutes. The hearing of our subcommittee on privacy, technology, and the law will come to order. I want to welcome our witnesses, the audience who are here, and say a particular thanks to senator schumer who has been very supportive and interested in what we are doing here and also to chairman durbin whose support has been invaluable in encouraging us to go forward here. I have been grateful to my partner in this effort, senator hawley and i produced a framework basically, a blueprint for a path forward to achieve legislation. Our interest is in legislation. This hearing along with the two previous ones has to be seen as a means to that end. We are very result oriented. I know you are from your testimony. I have been enormously encouraged and emboldened by the response so far, just in the past few days and my conversations with leaders in the industry like mr. Smith, there is a deep appetite, hunger for r
Information about hunter biden. I agree with dan your last guest there is not a strong connection at this point. Between the evidence on hunter biden and any evidence you can watch all of our programs on our website c span. Org. We take you live to capitol hill where microsoft president is expected to be joined by a law professor and a scientist to testify about proposed legislation that wrigleys Artificial Intelligence. Live coverage on cspan 3. And also to chairman durbin who supports has been invaluable in encouraging us to go forward here. I have been grateful especially to my partner in this effort senator holly the Ranking Member. He and i as you know have produced a framework. Basically a blueprint for a path forward to achieve legislation. Our interest is in legislation. In this hearing along with the two previous ones has to be seen as a means to that end. We are very resolved oriented. I know you are from your testimony. And i have been enormously encouraged. And emboldened b