Meant to undermine hong kong protests. What the company says they are doing about it. And our exclusive conversation with the ceo of one of techs most secretive and hundreds of companies. Tells us why protesters wont stop them from doing business with the Trump Administration. Announced ahe u. S. Limited set of exemptions that have protected Rural Networks and other customers from doing. Usiness this comes as the trade war rages on. One ceo is taking his concerns about the ceo straight to the top, apples tim cook. A move that has impressed President Trump. He is the one that calls, thats why hes a great executive. Others go out and hire very extensive expensive consultants but tim cook calls donald trump directly. I would take your calls, but the only one who calls me his tim cook. Whenever there is a problem, he will call. Emily we spoke to an investor across the tech sector. Wantshink this president to u. S. Companies to succeed, so i think at the end of the day, this is part of nego
Meme madness goes beyond the gamestops of the world. And the ceo of a Bio Tech Company disrupting the health care space. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, guy adami, and katie stockton. And we start off with a market that may have gotten a little too complacent in the face of rising uncertainty. The nasdaq closing at a record for the first time in over a month today. Volatility across a variety of Asset Classes somewhat surprisingly low. The vix Index Trading near its lows of the year. Bank of americas move index is down 8 this year. Even crude oil vol at depressed levels. All that, despite uncertainty over the consumer and rates, a potential trade war with china, and a war in the mideast. But two big data points could cause ripples. Cpi tomorrow,nvidia earnings next week. So, is this just the calm before the storm . Guy . I would have said that month ago, ill say yes again today. Listen, this is what i think is
Today. Caroline and we sit down with the buy now pay later ipo. But first, whats trading in the Public Markets . Maybe a bit of a reprieve and spirits, even with the ppi number that produced a price index that came in hotter than anticipated with a sign of ling in the key areas the fed will be focusing on here in the u. S. , pulling up in the nasdaq, notably even though we saw initial kneejerk selloff it is back to rallying on the twoyear yield. Shining light on whats happening in the highly shorted names like stop, amc, an extraordinary rally for no fundamental reason with high Short Interest stocks, bet against in the rocks market. Moving on to have a look at whats happening on the world of bitcoin, no move or read across from the meme frenzy to the crypto frenzy. Bitcoin, selling off a bit. We heard from key players within the crypto severe saying look, we will be range bound, currently at 62,000. What are you watching . Ed theres a lot of technology to fit to today. Lets go to chin
Look at the 10 year. Down two points. Adam celeb ski is stepping down. Aws account for most of amazons profit and the new ceo is that the units top sales and Marketing Executive ventures of oracle are rising after information was reported x ai has been talking to oracle executives about spending 10 billion to run cloud servers from the company. At the deal would make x i x ai one of oracles largest customers. Lets bring in ed ludlow. Lets start with aws and changes in the csuite. What we know about matt garman . Ed matt garvin is a long time or at aws. He started in 2005, fulltime in 2006. He went from being a product guy in the early days of aws, particularly on the compute side. Andy jaffe task tim moore with demand on the lead generation side, being Vice President for sales and marketing around the world. Selipsky stepping down as a bit of a surprise but he leaves aws and a pretty rude health. The annual revenue run rate is starting to show signs they are starting to make money, sal