vegas sands, still mourning the loss of sheldon adelson, and now naming a new ceo that will be robert goldstein, incoming chairman and ceo. patrick dumont will be named president and coo and a new cfo is named. romaine: will be talking about this for quite some time. remember the old days, they have ng up. will have a voice from ubs joining us in just a moment to break down what to expect from the fed. this is bloomberg. ♪ romaine: all this talk about gamestop and all these other penny stocks, people forget about jay powell. do you think will see a 200% jump in stocks? joe: i hope the first question is what is he going to do about this outrageous speculation going on. people are wondering about the future of balance sheet policy, people wondering about another taper tantrum and how they're going to stop that before the eventual normalization of policy. who knows, when it could be something more and more people are thinking about, but still more action is expected here. joining us is our guest, thank you so much for joining us. what is the most likely way the fed could make news tomorrow? >> i t

the likelihood in our view is robert goldstein, the acting ceo and chairman and recent coo and presidente a likely successor. .e is well respected bm: what is the political ent, if you are looking to the pacific, of the gaming business? what does las vegas sands have to do to do better in china after the trump years sheldon adelson so supported? brian: the key thing for macau will be recovering from covid-19. that is true for las vegas in nevada. as a side note in nevada and the u.s., one possible development that has not occurred under sheldon adelson's previous watch was a move into online sports betting, something he had not been in favor of. tom: is there a joe biden view on that? brian: i do not know if there is because of theut popularity of online betting and sports betting and the extent to which other gaming companies have pursued it, the las vegas sands was notably absent. it is possible that direction might change under new leadership. tom: whether it is warren beatty dashing across the screen of hollywood cinema, their take on las vegas, or the giants blake shelton abelson, t

robert goldstein will take up duties as acting chairman and ceo. that's your business flash.: thank you. coming up, discussing what democrat control of the house and senate will mean. we will talk with a chief economist. that's coming up next. this is bloomberg. ♪ alix: from new york, this is "bloomberg markets." here is a statistic, elon musk has overtaken jeff to become the richest person in the world. this comes on the same day when is saying they are well below where the stock is trading. guy: it has been a rally that has extended out of 2020, tech seems to have still quite a lot of momentum. that is interesting given what is going on. and if you think back to yesterday, how big a factor is that -- the rich keep getting richer, everybody knows not -- does not feel the same way. alix: it was staggering yesterday to see the markets blink and move it from the staggering, unprecedented pictures out of d.c. let's dig in deeper. providers accelerating in december. gains in business activity and new orders helped with unemployment. here is michael mckee. mike: congress has now c

this could allow every american to be vaccinated by the end of summer and robert goldstein, the perm the death of sell don a -- sheldon adelson. they remain in control of the company with a 57% stake don't miss ceo rob goldstein on cnbc live at 2:00 p.m. eastern skp >>> walmart is making a bigger bet on the online grocery service, expanding the use of automated systems to pick and pack shoppers orders and will convert dozens of stores into local fulfillment center. >>> investors seem to be pretty pleased with microsoft's second quarter results. very pleased revenues rising 17%, beating forecasts, and the company reporting a jump in its intelligent cloud use, a business that analysts think is critical investors may be hoping microsoft and solid numbers are a sign of similar success. coming up at least for apple, facebook and tesla which report their earnings after the close today. let's talk a whole lot more about this now, with cyrus, head of investment research at global data cyrus, thanks for being here. >> thanks, frank, for inviting me let's get into this, tech, media and telecom

the chief operating officer robert goldstein will take the reins at las vegas sands and sands china fore.s. chipmaker macron in trade after issuing a bullish forecast indicating improving demands for its products. it says revenue will be about $5.8 million in the fiscal second-quarter, about $300 million higher than the average analyst estimate. the market is upgrading its view on tesla saying it misjudged its call. an analyst admits there is no graceful way to say it but our bc had this completely wrong. the broker has maintained a cell underperform rating during which time the stock surged more than 1200%. haidi: sticking with autos, hyundai is moving the most since 1988 with shares up as much as 24%. transport reporter is on the line. what about this tie up with apple? >> at this moment, we don't know much. both sides are checking on the report. this is something that both companies have been focusing on going forward as their future business going forward. it is an important part of the but whether there will be any collaboration, we will have to wait and see. haidi: in terms of the