Yahoo Finance Google wants you to fire your cable company but is hitting a snag
Stocks (^DJI, ^GSPC, ^IXIC) are rallying midday, with energy (XLE) and industrials (XLI) leading, and with utilities (XLU) in the red. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance’s Dan Roberts.
Google Fiber problems
Google’s parent company, Alphabet (GOOGL), is having problems delivering a big promise. Alphabet is rethinking its high-speed internet business altogether. Unfortunately, it’s spending a lot more than it initially anticipated. How is the company looking to reduce costs of Google Fiber?
Investing in infrastructure
Here’s something you don’t hear often. Hillary Clinton and Donald Trump have one thing in common. Each of them want to invest massively in infrastructure. Clinton wants to invest $275 billion over the next five years, and Trump wants to spend twice as much. Andy, you’re writing a piece on this. Where would the money come from on such a massive project?
Realization over blockchain
When it comes to the oft-misunderstood blockchain, regulators are now taking the Hippocratic oath. A CFTC commissioner is telling her colleagues to “do no harm to the blockchain” because “American jobs depend on it.” How did this revolution come about, and how are companies using the blockchain?
