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A bike shop. Thousands of antigovernment protesters are gathering in bangkok for the 4th day despite the shutdown of major roads and public transport the protesters demanding new elections and reforms to the monarchy tony chang reports from bangkok. Weve seen an interesting game of cat and mouse there with the protesters announcing this morning there would be more protests today were not specifying where the police in turn have tried to look down the center of bangkok and in characteristic style the protesters have started 3 different protest sites outside of that just on the edge of the suburbs i should say they came about it 2 hours ago in very large numbers were one of those sites large crowd in the north of bangkok there are still lots of students around turkey has reportedly tested its russian made Missile Defense system drawing criticism from the u. S. Washington has repeatedly warned ankara against purchasing the s 400 sys ....
Were learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1. 27 . A lot of people call into question what theyre doing paying such high prices. We saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. Dont get me wrong, snowflake should not be about making money, it should be losing money. It makes sense for management to spend fortunes to dominate the cloud Data Management business you want to win, youve got to spend. Snowflake is not the issue, though the ceo will do everything in his power to deliver for shareholders hes got an amazing track record i totally understand why people are willing to pay for the nose for his stock. I liked it even as high as 125 but i jumd ....