Alphabet. Well explain. A surprised evaluation of chinas wand sending it to new multiyear lows against the dollar. And shake shack, the company Beat Estimates and boosted guidance. First google creating a new Holding Company called alphabet which will become the parent of google. The google unit will include youtube, android and ad sense while nest, and Google Ventures will be the other ventures within alphabet. Alphabet will replace google as a publicly traded entity. Ticker symbols will remain goog l g oog. The Washington Post is calling this almost unprecedented, a General Electric for the digital age. People at home are going to be confused. It does matter. The price to earnings multiple has been controlled by a mishmash of company. If you could see the profitability broken out, you might want to pay up for google. Thats what people are doing. Ive heard a lot of analogies to these holding companies. Id like to analogize to am don. When they broke out web services you said holy cow.
For the next leg of the market, up or down on days like today, dow advanced, s p inched out gain and nasdaq declined, i have to ask how bullish are people adding money into the stock market pulling money out . The case for years and years interest rekindled by the snorting bull . Let me start out saying that sentiment is incredibly important. You dont want overexuberance, froth, people to be too excited. That means everyone would be in the pool already and youre late to the rally however sentiment is extremely hard to gauge. Theres some ways that people try to cut and dry it. Services that tell you how bullish or bearish news lr writers are every week but there are fewer and fewer newsletter writers enthusiasm or lack thereof no longer means much to me. Used to mean a great deal. Material, stock inflows. Dismal, more going out than coming in, isnt that counterintuitive many weeks produce good outlays from stocks. Call that negative sentiment certain, no sign of the dreaded froth there.
Join book tv for the miami book fair, live from miamidade ook college on cspan 2. Equifax hters that reported a drop. Recently, lawmakers heard from current and former c. E. O. s to talk about ways they are trying to protect consumers. This hearing is more than two hours. Good morning. Now that our executive session is complete, we turn to the issue of data breach. It is not a new issue to explore. Usedommittee has been folk on this. September 2004 choice point breach what many consider to be the data breach prompted investigations from this committee. For those who dont remember, choice point was a Company Originally created by equifax. N terms of the trajectory of inquiry, we have come full circle. We have paid attention. The committee has entertained to strengthen requirmements and impose requirements to notify their companies. Sadly, we are truly in the era of major data breaches and this is at equifax and yahoo . The equifax is potentially much more severe given the nature of the
D. C. , as well. Reporter one person told me today that he took the news of this as a good thing, as a sign that what Law Enforcement is doing is working and that they are finding things like this. Live in center city, im lauren mayk, nbc 10 news. To this now you have a week to brush up on your spanish. Pope francis plans to give almost all of his 18 speeches in spanish next week. His native language. Only four of them will be in english, the one in philadelphia, which will be private to benefactors, the rest are in spanish. Today the vatican said the 78yearold argentine pope finds it easier to express himself in spanish, so this means its even more important to get close to a jumbotron either near Independence Hall or on the parkway. There will be english captions on the jumbotrons. Take a look at the stages pope francis will use next week, this one on the ben franklin parkway, the Production Company putting together the visit unveiled these renderings of the stages today. The pope wi
Hello everyone. Im glad to see all of you here tonight. What an impressive audience we are hosting to hear worldrenowned authority on the serious topic that affects all of us to matter what industry you are in, cyber crime. I am barry moskowitz. Before introducing our speaker i would like to invite our moderator. He anchors for National News channels in new york. Prior to the current broadcast television she worked for Deutsche Bank cibc and ernst young. She is a cpa and a graduate of Harvard Business school. Welcome. Now our featured speaker for the evening mr. Marc goodman. Marc is a global strategist author and consultant focused on the disruptive impact of advancing technologies on security, business and international affairs. In addition marc founded the future Crimes Institute to inspire and educate others on the security and risk implications of newly emerging technologies. Since 1999 mark his work extensively with enter poll where he is a Senior Adviser to the Steering Committe