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The coronavirus outbreak. This is a group of experts are outbreak could go on for another two years and wont be contained until 2 3 of population is immune. Joining us to break down the day wall as at least on street, taylor riggs has been digs into the markets for us. Tailor, a rough day, there were so many signs of hope this week . Felt like a mood shift this morning, emily, we woke up, a sentiment had been negative. As you remember, 30 after we bottomed out on the lows on 23. H there could have been some rofit taking here as well as some concerns continuing about the economy. We got news in the past few days overnights that trump was considering floating around some ideas of how to punish china for for the handle of the virus, for shutting down a lot of the doctors back in december who were really trying to warn this. Some of those renewed tensions some of the ng debt, thats very far stretched according to some of the to, ysts that im speaking but another option to be tariffs. Now t ....
Reported. New york state reported its highly daily death toll highest daily death toll yet. President s briefing will start at about 5 30. U. K. Prime minister Boris Johnson remains in the icu in the british hospital for the third day in a row. And nasdaq are climbing today. I want to bring in keith. One day is up, one is down. The only thing we know for sure is the daily case counts. What indicators are you watching to determine what kind of day its going to be . Keith its amazing, the daytoday swings and the volatility. Weve seen since chutess are some green shoots. We are watching search interest in real time to see if there any indication of that picking up, and weve seen that come down week over week. Has positive development come against Monetary Policy that is just quite extraordinary, where the feds increase in Balanc ....
Billion fine on facebook. Trumps topjob as spy. What that could mean for National Security. Xecutive shakeup at lyft chief Operations Officer jon mcneill is leaving after joining last year from tesla. Founders say they wont hire a replacement. Why is he leaving . Mark that is a very good question that we dont quite have the answer to yet. It is an intriguing situation. He didnt even last two years. Wheres also a situation you are a very experienced executive coming in with a mandate to oversee operations but you also have two founders of the company and you have ideas of how the company should be operating. We note in the story that his , came from and coo amazon, didnt last three years. There are questions about whether they could sustain somebody in that role. It may be telling that they dont plan to hire another coo. Emily lyft shares are down. What is the plan . Th ....
Silicon valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get ou ....
Congresswoman Maxine Waters called for the social network to stop development immediately. Says narrow link has successfully in place wires into its brain and enabled a control a computer. First, netflix tumbling after the streaming giant reported a loss of u. S. Customers for the second quarter. Netflix that it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael luca, who ofs course covers the company. Michael, this is the first time the company has lost subscribers since they split the dvd and streaming business. What is the type line here . Michael you know, i hate for poor luca, because he actually tweeted that he is tired of talking about this, but i think poor growth probably leads to su ....