Live Breaking News & Updates on Early Stage Technology
Stay updated with breaking news from Early stage technology. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Individual stocks literally minutes from now. All right. Watch out, google. Peter thiel is coming after you and so is the president. Thiel appeared with Tucker Carlson last night. He wants the fbi and cia to investigate. He implies google is a National Security threat. He thinks china wants to infiltrate googles Artificial Intelligence operation. He offered no evidence of that infiltration. Now, thiel is a very powerful man and the president has been listening. About investigating the company, the president tweeted the administration will take a look. Googles stock this morning, this tuesday morning, premarket, down eight bucks at 1142. Watch out facebook and its libra currency. The treasury secretary has quote, very serious concerns about its use by terrorist financiers and drug dealers. Theres a hearing abo ....
The company is not giving up a fight. We look at the intersection of politics and big money. And breaking records on the fourth largest economy, putting the stocks rally at risk. Later in the show, the boeing stock wipeout continues as the growing concerns grow for investors and wouldbe hires. Its march 13th, 2024, wednesday, and youre watching Worldwide Exchange right here on cnbc. Good wednesday morning. Welcome to Worldwide Exchange. Thank you so much for being here with us. Were going to get you ready for the trading day ahead. We kick off the hour. After a solid day for stocks yesterday, we saw the s p close at the 17th recordhigh of the year. A bit of a mixed picture. The dow opens up 25 points higher. The nasdaq a little hdown. And take a look at yields. The benchmark moving just about four or five basis poimtss from the level we saw it at yesterday. Were looki ....
Welcome back to crossfire where all Things Considered im peter remind you were discussing bitcoin. Here let me go back to you in cambridge while it is a fascinating concept these cryptocurrency if there is the concern of accountability Illegal Drugs arms and other kinds of illegal activity can stay under the radar of the authorities i mean i think thats a kind of a downside also you know when people talk about it is being a newfie out currency one day i mean you know people are buying big ticket items because they are avoiding taxation and things like that so i mean it kind of cuts both ways here i guess really the most important question will be if this kind of crypto currencies are successful what is the temptation of governments to step in to regulate it and would regulation kill it go ahead. Right now its been very interesting to watch the migration of regulatory intere ....
A big point its really just an investment its not really. A mechanism to buy and sell it is to park your money somewhere and leave it there because you dont trust the banks i mean it for it to be really universal you have to be able to be able to use your wallet as they call it and buy things and sell things its not that easy to do its not widely accepted you know many more innovative people do say they accept the go ahead midge. Its part of you know its part of a diversification strategy where youd have some big going to just sit on it not worry about what your basis was and whatever losses are youre going to eat the losses and if you get a profit out of it fine but you know it when you have that much volatility you know i disagree that the big hedge funds will get involved in this when you have a thirty percent volatility swing each direction so from peak to trough and back up again down and up again i mean no investor wants to tolerate that kind of volatility and how can you manage ....