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Like it is getting down through thursday lows. We are seeing pressure. I love covering the markets. Europe is a snooze fest from an equity market point of view. There is nothing happening. Light volumes. Market trapped in a tight rein from an equity point of view curate we are going nowhere in a hurry. The Energy Sector is reasonably well bid but not spectacularly. The euro is back towards the middle of its risk range. Brent catching a bigger bed. We have the opec note coming out later this week. Reports worth paying attention to. Overnight, we do not see much out of china. You are seeing a little bit in terms of the nasdaq. Alix yes. That is a good point. He saw mike wilsons note at morgan stanley. He came out in the note last week talking about it was a pull forward of demand for tech where sustained acceleration. If there is a pull forward, how much earnings estimates increase can you see in 2021 . You also wonder moving into cy ....
Opponents of trying to organize a massacre as voting begins in what could be his toughest election in years. On the hummus with all the sporting glue it is raining us open champion rafael nadal pulls out of this years tournament citing concerns over the corner virus pandemic. To begin with our breaking news from lebanon and the massive explosion that shaken the capital beirut 70 people have been confirmed dead and the Lebanese HealthMinistry Says around 3700 people have been injured Security Officials say the blast happened in a warehouse at the port which had been housing 2750. 00 tons of Ammonium Nitrate the 6 years lebanons president has branded that unacceptable the cabinet is expected to declare a state of emergency in beirut when it holds an emergency m ....
On top chinese officials for now. Joining us to break down the day that was, abigail doolittle. She has been following all the market action. Curious what you make of the whiplash today and why investors were not more optimistic about the vaccine news. Abigail another volatile day. Today, a bit jittery. There was a point in time where it felt like you were going to see a bearish reversal. It did happen for the nasdaq 100 and the new york faang index. The tech stocks and stayed home stocks did go lower. At the beginning of the day as you were mentioning, we had the surge and optimism around the moderna vaccine, that perhaps it is going to be the cureall and could come earlier. But, that is far off. When you put that together with the fact that the dollar and this is boring in a way because the dollar has been one of the big drivers for stocks and raise gaskets risk assets. The overnight, the dollar had been down 6 10 of 1 . On the open, down have a percent. When the dollar paired its lo ....
Companies, the same companies that control the lions share of patterns, that have an extra amount of my comp that are able to attract the best talent because that the best food, you know, that have the relationships with universities and it doesnt mean there are not other Companies Like salesforce or nvidia uber that are not doing Amazing Things but its through these nine compass Everything Else flows. The entire ai ecosystem in some way or another patches of these nine. In addition to all of the things i just mentioned they also building the frameworks and the custom silicone chips and they have the code bases. All roads lead to these nine companies, and the challenge that i have is that if its the case that Artificial Intelligence is not just been built ....
Next on book tv, programs from our archives the focus on technology. Even watch them in their entirety by visiting our website booktv. Org. Use the search function at the top of the page. First of march 2019, nyu school of business professor amy webb, Artificial Intelligence and giving too much power to big corporations. My job is to lower risk for a living. I primarily focus on technology. Over and over i kept going back to the same Nine Companies pretty he sang companies, a controlling share patents. That have extraordinary amounts of money. Theyre able to attract the best talent because they have the best food. They have the relationships with the universities buried and does not mean that there arent other Companies Like salesforce or uber that are doing amazing things, but it is these are through the sign c ....