we're committed to helping all families stay connected. learn more at xfinity.com/education. >> welcome to bloomberg technology. u.s. stocks surging at the open but having a volatile day once again. there are some signs of hope positive vaccine development but new outbreaks continue to flare up across the united states and asia. this as tensions continue to rise between the united states and china. we are told president trump has rolled out additional sanctions

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 cure-all 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 losses on the day, that is when stocks got choppy. it is a technical nuance that is creating some of this jittery action on top of the fundamentals and the stories we have that seem more obvious but are perhaps less of an influence and this point. shareswe saw twitter fall sharply after hours. we are following what appears to be a hack of some major accounts including elon musk, bill gates. it appears to be tied to some sort of crypto scam. twitter shares have stabilized. we are about to kick off another season of tech earnings with

netflix out of the gate tomorrow. what are we expecting? abigail: this is pretty interesting because the stock has been rattled recently. investors are a little bit nervous. what we are looking for, the revenue and earnings. you hope they meet the numbers. the bigger number is the subscriber adds. his first 7.5f million -- is for 7.5 million. they need to add 10 million subscribers. the june quarter is the quarter where if they left, it is the june quarter. lots of dislocations. that is true even more so this year. it is going to be interesting to see what they do put up. 30, apple will be reporting. that stock up 30% since his last report. will be interesting to see if they can match the numbers. year-over-year declines expected. emily: we are going to be all

over that one. thank you so much. staying with apple, the tech giant won it's court fight over a record $14.9 billion irish tax bill in question blow to the european union. the competition commissioner has crime down on preferential tax treatment for various large corporations. the ruling indicates ireland's position on the issue. we spoke with the irish finance minister today. clearland has been very over many years that we do not make special tax agreements with any company, the small -- company, big, small and all taxpayers are treated equally. we value the relationship we have with companies such as apple. we do not do special deals for them. this ruling here today is a

recognition of the. -- of that. emily: joining us to discuss, our own mark gurman. what does this ruling mean for apple in the context of the other antitrust issues it is fighting around the world? mark: these are two separate issues. if anything, you could say it is clear apple has been making effective cases, their legal team has been making effective arguments to different government organizations around the world. perhaps that expertise can play into the upcoming antitrust situation. for apple, this is $15 billion in savings in 2016. the european commission road apple would have to pay those taxes, those back taxes. now, that is a big chunk of money. that is a third or fourth of quarterly revenue. that is a good savings for them

right there. emily: a huge chunk of money even for a company as cash-rich as apple. how does this play into some of the broader battles apple is fighting? in the european union but also in two weeks, we have this big antitrust hearing on capitol hill. mark: the antitrust hearing on capitol hill is going to be very interesting for apple. we will get to see tim cook speak virtually on a bunch of antitrust matters. for apple, it is pinned to the app store. lots of small and big developers are making the argument that apple cannot run the store but also have competitors on the store, which they take a 30% cut or as low as a 15% cut from. will be interesting to see apple's argument. for a long time, they have been saying there is no issue with them doing that. it is like a grocery store running the store but selling their own items. there is apple's argument that

there are lots of developers making the case. it does not appear apple is going to be in big trouble as of yet. the government is clearly focused on google. it will be interesting to see cook's comments. emily: meantime, we have apple earnings coming up. you have been closely following all of the news about store closures. . them sending retail employees back to work from home. what is the latest on apple's operations and how that is going to impact what we see in this quarter? mark: this particular quarter, apple has said it is not going to be great. the apple watch in addition to the iphone, you are going to see a $2 billion year-over-year decrease because of the situation right now. in previous quarter, they got a full month of normal operations and normal sales in the u.s.

they got a four-month of china. by the time the u.s. started to close in march, they were already reopened in china. a lot of that was offset. in the end, it was not as bad as some have anticipated. this quarter, they are missing a bunch of u.s. bails, which is one of their bigger markets. you have seen the closures in europe as well. they will be interesting to see if this is going to be a bigger year-over-year decline. it is going to be a big week for apple, the last week of july. emily: a big week for us covering it. thank you so much for giving us that update. coming up, a new partnership. and, chasing tesla. the electric car maker is busy. the founder and ceo of fisker. g.is is bloomberg sh

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emily: in an otherwise lackluster economy, stocks like tesla and nikola have surged as of late with some investors warning of a speculative bubble. fray. will soon enter the the ceo says the company is on course with brand development. -- we talked to henrik fester. your company of bills it self as the most sustainable vehicle. how do you differentiate from tesla? henrik: i think you just said it.

one thing is we are aiming to build the world's's most sustainable vehicles. also to sell our vehicle through an all good sale model. we have created a unique flexible lease where you can lease our vehicle and give it back any time whether it is after a month, two months, a year, whatever you want. we have set up preparing for the consumer of the future. our vehicles are more affordable than any of our premium competitors. that is due to our unique business model. we outsource manufacturing. we have a unique developing process that lowers the cost of vehicles. emily: let's talk about that business model. you are not reinventing the wheel. you are not putting from scratch. you are building through partnerships. you did tell investors you are in talks with volkswagen to use some of their technology.

what happens if you do not secure that deal or any deal to get the parts you need? carmakeroday, every needs to buy things from suppliers. nobody makes their own batteries. tesla is using panasonic batteries. they did not invent those. we are getting to a point in the electrification where it is not about trying to invent something new. it is about getting the pricing of what we have down so we can be competitive with gasoline vehicles and we can make profit margins on the vehicles. anil people are offered vehicle that is comparative, they are not going to buy in bulk. where the first to offer an electric vehicle that is better priced to a similar gasoline vehicle. aat is a good price for premium suv.

we are inventing quite a lot of things in the vehicle but not necessarily things we think are commodities. i do not think anyone cares who makes your electric motor. they carry about -- they care about how we treat them as customers. they care about exciting features like our california mode with all of the windows rolled down. there a lot of things you are creating like the software in the vehicle itself. emily: tesla has promised an affordable electric car for years. even the model three is out of range for a lot of people. they have been making cars. they have been at this for years. what makes you so confident you can deliver this by 2022? henrik: that is because we are using partners. if we make it on the vw platform, that means we have an extremely reliable platform that we are competitive with.

it is going to be made in the millions, which nobody makes electric vehicles in the millions right now. we get low pricing. then we spend the money on design and quality materials and interior. we do not spend money on setting up our own dealerships or building a factory for billions of dollars. we are a kind of the uber of the automotive industry. we do everything digitally. it saves a ton of money and gives people an affordable vehicle even though it is a premium, luxury vehicle. emily: you did just announced plans to go public thrice special -- through a special-purpose acquisition. it is timely given the surge in tesla shares. you range more than a billion dollars in the rivers merger -- in the reverse merger. why do you need a billion dollars? what would you use that money for? henrik: used on need to turn up all the parts we are doing --

you still need to tune up all the parts. you have to tuneup all of that. that is hundreds of millions of dollars. we own all of the tools in the factory. we have to build out our digital app, which we are building right now. we are setting up experience enters any of u.s. and europe. we are opening up the first in los angeles. that also means investments. that are a lot of areas we have to spend money in. we are still developing a car. even though you have the base platform, that is only 20% of the vehicle. the most difficult part of the vehicle is the skateboard with the craft structure. if you can get the best of the best, why not use it? it is already done in other industries. with computers where you use similar chips with similar computers. in the television industry, you're using the same screens between different brands. that is the only way you're going to get cost down. emily: speaking about the

numbers, you said you will secure double-digit margins and positive cash flow on the ocean electric suv you are developing within 12 months of production. you have a company like tesla, which has been chasing profitability for years very inconsistently. how you're going to do that? henrik: we are taking a completely different approach. we are not a vertically integrated company. we did not build down dealerships. that is really why the investors are attracted to our business model. it is a business model that is set up to make money. much higher profit margins. you can only do that if you turn this business model upside down. we have moved away from this traditional high industry model. instead of going around -- they are moving into the future. that is why we are creating a digital car company.

we do not need all this overhead. we do not need all the middlemen. we have seen from covid-19, you did not even need ill or ships. you can shift cars directly to customers. this means that are profit margins for us. it means lower prices for the consumer. emily: you also know how hard this is. you have been out it long time. their last electrical vehicle start up did not work out -- your last electrical vehicle start up did not work out. there were some lawsuits. what you tell investors to tell them this will be different? henrik: all of the other startups do not have those lessons learned. procurement do this -- parts which are common parts, which is not a different shade from the vehicle. they are high quality parts. they know what they are doing. they make the highest quality parts in the world.

i do not think anyone would ask why we do not make our own air-conditioner. it has a high volume for great pricing. manufacturing a car is extremely difficult. we can see that. title has gone through self production -- tesla has gone through self production. we do not want to -- we are going into a plan with an educated production vehicles, a plant that is already equipped. we have to put our tools into the investment. we do not take the manufacturing risk. that is the big difference. emily: we're in the middle of a pandemic. people are working from home. people are not commuting to work. what is your outlook on the future of transportation? are people going to be buying cars anymore? talk to me about private car ownership versus ridesharing versus scooters. henrik: first of all, i do think

people still like the private car. the question is, are they going to be buying it? they are negative about the leases. i think our flexible lease what you can give it back any time, we are also planning a car swapping or green ride-hailing through this app. clearly, people want a different interaction with their vehicle. i also people -- i think people do not like getting the car serviced. they are going to deliver the card home. us we cans has taught do a lot more online over and out. i think that will change. people want emotional design. bring that design into an affordable premium space. i think the cars today need to

be a lot more exciting and emotional if you want people to buy them. that is what fisker is all about. emily: i know there a lot of people looking for a more affordable electric car alternative. will be watching to see how you make it happen. the ceo and founder of fisker. thank you for taking the time to join eyes. moving onto another form of transportation. scooters. line is reporting new data that shows a shift in transportation trends. essays as people start to move around more post lockdown. i caught up with wayne ting earlier today. relaunched in 20 countries. we are seeing a surge of ridership around the world. many of our markets are hitting new records.

not only that, we are seeing different behaviors. are trips are longer. there 30% longer. people are taking -- they are 30% longer. people are taking scooters and bikes end to end. we are seeing different places where they will be more common. we see a lot more trips in downtown financial district. now, we are seeing more trips in neighborhoods where people live. all of these things are underlying data that shows there is a big shift from other modes of transportation to micro-ability. emily: we are seeing cases research across the country. schools are saying they are not going to reopen in the fall, it means people are going to keep working from home. does that increase the demand for scooters? wayne: we are seeing different cases. there are some cases that have not come back. tourism has not come back. commute is not fully back.

we are seeing people are leaving their homes. they are going to groceries. peoplef our trips are visiting local businesses. if you are worried about safety, we are in open air, single passenger mode of transportation. it is sustainable and affordable. it has allowed more people to use different cases they did not perhaps think about before. we are seeing the trend come back. not exactly the same use case, but we think this will continue re is a second wave of covid. emily: some small businesses were hanging on. now that we are seeing this second wave, they might not be able to stay in business. how does that change the game for you? wayne: one of the things we are investing time in as partnering with local -- in is partnering with local businesses. we are reaching out to local

partners so we are reminding our partners that they can use lime to visit businesses. we did a survey of our consumers. two thirds say day today, they are using lime to visit local businesses. i am hopeful that even if there is a resurgence, we are going to be able to whether this along with our small business partners. emily: new york city just legalized he scooters -- -scooters.e what does that mean? wayne: i think it is a huge opportunity. these are places we are talking about maybe 2021, 2022 before. covid has made these cities safe and they ensure affordable transportation options. we are getting record ridership in places hardest hit by covid.

korea, italy. is placeshe reason that have really felt the negative effects of covid-19, they are thinking harder about, how do i move around while observing social distancing? when we look at new york city, micro mobility is necessary. it is such a critical part of how the city can reopen safely. we are excited to partner with the city. emily: earlier in the crisis, i know things were tough for you. you had to shut down in various cities. more recently, you acquired uber's jump. you got investment from them. how does that change the game for you? does it mean no more layoffs for sure, even if things continue to go in the direction they are going? wayne: we do not expect any layoffs forthcoming. what we are seeing is ridership surging. we are seeing ridership surging

around the world. there is a lot of uncertainty coming up. we were on a path to profitability in 2020. of course, covid pushed that back several months. i expect with the new revenue coming back and dramatic improvements to our internal cost control, we are expecting to be profitable by 2021. i have no expectations we will have layoffs. if anything, will be investing more into our business the next year. ting, the ceo of lime. coming up, without adequate internet access, no use of children could be left behind as more schools decide to go online only. i'm going to speak to the ceo of jomini -- of common sense media. coming up. ♪

e back.welcom twitter shares following -- twitter shares following after hours after the parent hag of many profile accounts including elon musk and jeff bezos. out close to identical tweets with an address linked to an apparent bitcoins camp. both to its promised to double the money to anyone sending money through bitcoin. tweets. apple's

hacked ass account well as well as mike bloomberg, the founder of the parent of any of this network. twitter says it is investigating. we will continue to see how this develops. some of the accounts, it appears the tweets have been taken down. some of the tweets are still up. we will continue to follow. is to how the covid pandemic continuing to unfold across the country and impact school districts. school district from l.a. to atlanta have decided to go online only and starting in the fall. this as cases continue to surge across the country. to thes without access internet or digital advice -- digital devices, online learning could be a massive learning lost. i talked about it with jim stier, the ceo of common sense media. jim: we still have a huge

digital divide. able toon kids are not do distance learning in the united states because they either do not have the connectivity at home or the device or both. nearly 400,000 teachers cannot do distance learning because they do not have the devices or connectivity. we are facing this national digital divide issue, which impacts low income communities, committees of color and the kids who need it the most. it is a huge challenge for all of us right now. emily: i know you have been pushing congress to make progress on this issue. what progress have you made? jim: we have metis if he can progress at the state level so far. , new york and texas, we are working to see if we can close much of the divide. congress has done nothing so far. there is going to be another stimulus in couple of weeks we thank. if so, we need literally over a

year. six to $10 billion to close the device. the issue is, well congress do another stimulus? well they care -- well what congress -- when will congress do another stimulus? emily: here is my question. is this going to be another year of learning lost for my children? jim: this is a tough issue. there is no question that your kids learn better when they are in school. they are emotionally and socially happier. there is so much you get from that in school experience. as the father of four, i understand what a big deal it is. that said, you end -- you are concerned about their health and safety. you are in this major dilemma as a parent, as a principal. have allenge is, we

hybrid model. los angeles and san diego announced all kids are going to be doing distance learning. that is the big question. distance learning is not as good as in person, but it is what we are stuck with. emily: it also involves if you have the resources, a lot of access to technology, a lot of zoom calls. how concerned should we be about the long-term impacts of that exposure to technology on our children? it is like a loss of digital innocence. we would not have given them this access to technology for years. jim: this is a loss of digital innocence. all of the common sense guidelines we have had for years about screen time have gone out the window. you want your kids to be able to o distance learning.

you also need them to get outside and play and be normal healthy kids. all of that loss of digital innocence is weighing on parents. it is a big challenge. that said, it is the most important challenge our country is facing. we need real leadership at the national level and also the state and local level. emily: do you think this exposure to technology earlier than we would have liked is going to harm them in any way and hold back their learning over the longer-term? exposure to the technology is a challenge, but i think we can get through that. we sort of have to under the covid-19 circumstances. the bigger issue is learning loss, particularly in lower income school districts that have fewer resources and where the parents re: central workers who are not able -- where the essentiale

workers. you are going into the fall where many kids are going to be working only in distance learning environment. there's also the social and emotional challenge. you're not getting pe. you're not getting art class. we are facing a big challenge. all of us need to pitch in. the private sector has a huge role to play. the big telephone providers like verizon, at&t and t-mobile have to step up with connectivity. google and apple who provide devices also have to step up. everyone needs to do their best to help america's kids. i think there are several things a parent can do. first about, establish and have normal routines for your kids. they understand what the routine is going to be if they are doing distance learning from him.

the second is, be involved in your kids's learning -- your kids' learning. help withow you can homework if they are older. if the kids are younger and through kindergarten and third grade, that is a tough time for them to be in front of a screen for that long. find a way to toe to tote your kid about that. the third one is, help find extracurricular activities. you not getting sports. you're not going to have music and art. try to be creative in that way. ed a massive platform. a lot of the activities and information we have is designed for when you are not doing your school work. you need to stay engaged. this is a huge challenge as a parent. i am feeling it. my wife is feeling it. i am sure you are feeling as a mom. these are tough times. emily: you have been hugely

influential in this campaign. and ongoing facebook like cut. you have -- an ongoing facebook boycott. how much longer do you think is going to last? jim: this has been an enormous success. exceeding even my wildest expectations. that is saying quite a bit. we think it is going to go on for the foreseeable future. we asked them to make major changes on the platform that would prevent the amplification of hate speech and racism and misinformation, which helps undermine our civic discourse. quite honestly, it fell on deaf ears. we expect -- there are now more than 1000 advertisers -- will stay with us. the campaign first paid for profit is going global -- the campaign for stop hate is going

global. it is about the best interest of our society. the response from advertisers and the general public has been extraordinarily gratifying. stop hate for profit is going to go on until we seep on the metal changes on the facebook and instagram platforms. emily: are advertisers saying they going to do this the on july? jim: we are talking to advertisers about extending the pause in their advertising on facebook. some have agreed to do it through the end of the year. others are at different points of the discussion. we are basically about three weeks away from the end of july. we are asking facebook to make major changes they have been unwilling to do. with expect a lot of the advertisers will stay with us. we also think the broader public pressure that has supported stop hate for profit will be with us. at the end of the day, it is our democracy and our civic -- and our civic discourse that is at state. we need the support of

everybody. emily: have you talked to mark zuckerberg or sheryl sandberg personally? jim: i have not had a personal conversation with them in the past few weeks. i have talked with them about these issues in the past. it is not a personal attack on them. this is an attack -- this is a campaign against the company and their practices. we have tried not to make it a personal attack. we are insisting the folks at the top of that company make these changes in the best interests of our kids, our families and our democracy. emily: the recent post by president trump, threatening violence on the american people is at the center of this controversy. how much does this campaign have to do with facebook's stance on that versus everything else? is it about trump or is it about something else? jim:jim: we have been very clear this is a nonpartisan campaign. by the reason common sense media has been successful is because

we are genuinely nonpartisan. this is not about donald trump or one party or the other. this is about a healthy, respectable civic discourse. about eliminating the amplification of hate speech and white supremacy in our society and restoring democratic norms. if that impacts one politician or another, then so be it. is a non-partisan campaign. put honestly, the best interest -- quite honestly, it is about the best interest of our kids' future. the people who will benefit the most are our kids. emily: do you want facebook to take down those trump posts? what are the changes you want facebook to make? jim: we are very clear with facebook they should not be putting up hate speech or conspiracy theories or misinformation that comes out of the words of any organization or individual. if that is the president of the united states, they should be taking them down as well or they

can clearly label them as false are defamatory or whatever -- false or defamatory or whatever. emily: will be continuing to follow that boycott and how it continues to play out. coming up, facebook continuing to struggle to hire black employees, especially in technical roles. our conversation about the lack of diversity in tech is next. this is bloomberg. ♪

emily: facebook's latest deborah's reveals the company has been unable to increase black representation in technical roles.

joining us now to discuss, why this is happening and how to promote more diversity is aniyia williams. thank you for joining us. facebook has tracking the data for many years. on this one measure, they are not making progress. why not? aniyia: not moving the needle. this is a question we have been asking for a long time in the tech industry. there all of these sophisticated answers. in an attempt to typify it into something really small, i'm going to say it boils down to choices. there were active choices these companies and the leadership these companies are continuing to make, which are going to move the direction in one way or another way or keep it the same. if people are not changing what their positions are and how they are approaching the work and their processes, things are not going to change. emily: you have been looking

closely at how we can make real change. is your answer also simple to make this a choice? make this a first priority? change from the systems level, it is about how we bring a large group of people to come together under a shared set of values and morals and start to work toward a shared goal. representationof across the industry and how we look at what kinds of things people are advancing. i think the ra -- there is a lot of tension right now between them more ethical and moral behaviors people would love to see more present in the tech industry, where people are really going after a culture of belonging and pluralism and understanding there is a robust ness and economic growth they can be unlocked by figuring out

how we make space for lots of different ways for people to show up in the industry. the reality is the status quo is very much homogenous and it shares a mindset that is oriented towards growth. the growth comes at any cost. emily: absolutely. this is not just the right thing to do. it as a smart thing to do. it makes complete sense. building a diverse team means you can build a product that serves a diverse group of people. facebook is in the middle of this ad boycott and under a lot of pressure from civil rights leaders and about not being able to do enough to stop hate. you think facebook -- do you think if facebook had more black employees, they would be struggling? like to say the answer is yes, that i do not know the answer is yes. it would be great if any tech company had more black and brown

employees. people benefit from those perspectives. i've also seen this dynamic that happens where people -- if they do successfully put more people of color or more diverse perspectives into the environment, it is a toxic environment. culturally, it is not set up to have them be successful. they end up being harmed by the environment they are in. i think what this boils down to is leadership. if i'm generalizing here, i would say there is a scourge on society today where we have so many terrible leaders in many important decision-making roles. everyone is feeling the pain of it. goes all the way to the top of our government all over the world. to bring it back to facebook, at the end of the day and to tie that in with what i was saying about choices, their is it -- there is a series of choices

that mark zuckerberg and the leadership at facebook get to make everyday. either by allowing certain things to continue or by trying something that is maybe what they think is incremental but is still not enough. a lot of that boils down to what is a conflict of their business model. the business at the end of the day is there to serve its shareholders and return profits. the business model is built off of visibility and optimizing that visibility and selling it to the highest bidder with little moderation on who gets that visibility. we are seeing the really sad aspects of that. that is something that accelerates and amplifies what seems to be the worst part of humanity. this is a very -- i think there's very hands-off approach facebook tends to take is doing everyone a disservice right now. emily: all right. thank you so much for your

passionate analysis. we will have you back to talk about this issue more. andia williams of black brown founders. appreciate the work you are doing. we are going to get back to this breaking news, the twitter hack that is continuing to get hold. an apparent cryptocurrency scam. the accounts of president barack obama, vice president joe biden, jeff bezos all hacked. this is bloomberg. ♪

emily: we are continuing to follow this developing story. a number of twitter accounts appear to be hacked including bill gates, elon musk, jeff bezos, barack obama, vice president joe biden. twitter has released a statement saying they are aware of a security incident impacting accounts on twitter. we are taking steps to fix it.

it appears to be tied to some sort of bitcoin are cryptocurrency scam. sarah has been digging into this. what is happening here? hack: it is a very strange because unlike other hacks on twitter, which have targeted third-party services that link with accounts, all of these tweets seem to be coming from people's web app. a lot of these victims say they have two factor authentication. these are people with the most stringent security systems. -- youto be something might say something internal with twitter. they have not said anything yet. they said they are investigating the issue. they are going to have to solve this quickly because money is currently transferring. people are falling for this and transferring money to the link. emily: ok, so, what should other

twitter users be doing? should we be scrambling to change our passwords or is this out of our control if it is something internal? sarah: it might not help to change your password. that is always good internet hygiene. i just looked at where i am logged into twitter around all these devices. i was logged in on six devices. -- i cut all of those off all of those points of access. how oura reminder of public profiles are vulnerable and open to sabotage. well, it appears the skimmers may have been somewhat success -- the scammers may have been successful because the bit -- the bitcoin account has supposedly racked up tens of thousands of dollars. what do you make of the bitcoin and crypto tie in?

sarah: that money is already being transferred out of the account. this is probably -- at least in my time covering the company, i have never seen a more successful widespread scam like this. it is really quite striking that somebody was able to do this. i wonder how much of it has to do with the fact that employees are working from home. there may be less security than there normally is. we have had a lot of questions about twitter security given some of the high profile hacks earlier this year and last year. jack dorsey was hacked. card got hacked -- his sim card got hacked. the company is consciously trying to address owner abilities like these. they are going to come under a lot more scrutiny after this

recent event. twitter shares did fall sharply. still down slightly. i do want to point out the president trump's twitter account does not appear to have been hacked. does that give you any more clues? sarah: his account was not hacked, but we have seen obama and biden post the same scam. a lot of people in the bitcoin community and people who are particularly wealthy including warren buffett, mike bloomberg, others have had their accounts hacked. i think they are trying to very broadly get the most eyeballs. emily: mike bloomberg of course, the founder of bloomberg lp, the parent company of this network. we are going to continue to follow this story. elon musk just tweeting hi. it appears the tweets that did

not belong to him are removed. we will continue to follow this. stay to bloomberg television. bloomberg daybreak australia is next. this is bloomberg. ♪

>> good evening from bloomberg world headquarters. counting down to major market opens. i'm shery ahn in new york. haidi: i'm haidi stroud-watts. welcome to "bloomberg daybreak: australia." u.s. stocks hit a one-month high on optimism about a virus vaccine. shares dragged on u.s.-china trade tensions but the s&p hot 500 briefly ends in positive territory. the pandemic rages on with the