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Thank Anthony Townsend for keeping the conversation aloft at a town hall and a sunday night. The presentation will run about 30 minutes followed by the q a and it can be viewed on native habitat on the crowd cast as well as our facebook and youtube pages. To wash the cloves caption go over to youtuber you can enable close captioning by clicking on the cc button in the right corner. They will also be available for re watching them eat of the following the broadcast. I know is you have to submit your questions by using ask the question button on crowd cast. Although we cannot guarantee we will get to every question we will try to get to his many as possible. Town halls adding new events and podcasts everyday upcoming programs include Science Society included attorney general bob ferguson, tom wheeler and Tom Carpenter di ....
Thats leading the dow right now. Jpmorgan chase, rough week overall. The cardholders, mx, visa down this week, doing better. Exxonmobil also on the upside. And the laggards, and this is like perfect, the symmetry here, all the stuff thats been the Market Leader is down. Walmart, a 52week high, new high, Procter Gamble raised their dividend, merck is up on the week, health care is up on the week, united health, apple had a good week. Its down. Weve been telling you how goldman has downgraded apple, maybe a surprise, but talked about lingering low sales and margins a possible delay, possible in the 5g phone everybody is anticipating towards the end of the year, and i think this is the most important thing, a shallower recovery hard thing to call at this point. Everybody is all over the map on that shallow recovery apple has regained almost 65 of the losses weve had, a little bet ....
Good wednesday morning, welcome to squawk alley. Im carl quintanilla, obviously a big day for earnings were watching the hill, the ftc and facebook is the big news a News Conference on that 5 billion fine over data privacy issues is going to start in awe if moments. Were going to take you to washington when that begins, but the swirl of agencies circling the company, ftc, who knows what the doj has in mind and well get a clearer picture of what the quarter looks like tonight. I dont know why it feels like something shocking is happening. Weve known this fine is coming for a long time, a big fine, but somehow to see 5 billion written down then more interesting to me, the restrictions and the oversight, the committee within facebook that looks like maybe its been structured in a way where Mark Zuckerberg doesnt have total control over this piece, you know, the ftc making the ....
Now its time for click. This week, we have a ringside seat for a tussle in toronto. Tablets versus teachers in malawi, and its a tech tko down the gym. We all love a smart city. So around 18 months ago, when we heard that google offshoot Sidewalk Labs was to take over an area of toronto to build, from scratch, an entirely tech first neighbourhood, well, we hightailed it over there to find out more and excitement was in the air. The streets will come alive with the vitality that we expect from the greatest urban environments, in a way that has never actually been seen before. Ever since, its fair to say that things have not gone entirely to plan. Marc cieslak has been back to toronto to get the latest on the project. Toronto, canadas largest city. Its waterfront is undergoing redevelopment. Sidewalk labs, a subsidiary of alphabet, the Sister Company to tech giant google, has pa ....