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June 24, 2024
This is bloomberg surveillance. Day week nextour da week. Tom do a victory lap on what you learned in your Credit Suisse interview yesterday. It looks like they had a trading error of some type . Francine the ceo in the great, exclusive interview yesterday was telling me that there were too many large positions. Tom yeah. [laughter] francine that he did not know about. 90 billion of this stuff has to be unwound by the end of the year. I dont think weve seen the end of the repercussions. Tom exac...
June 24, 2024
It is interesting because facebook, which has been keeping the nasdaq afloat earlier, is no longer doing so. It is doing more poorly than the s p 500 at this point. The dow has to stand up to the downside today. You look over the course of the session. You saw it unchanged around midday and it has come back down toward the low. The company dragging it down has nothing to do with earnings. Of theaccounting for 50 one indexs lost today, ibm, hope depot, and apple. Falling more sharply after carl i...
June 24, 2024
Islamic state to carry out attacks in rome. Authorities arrested the man and his wife. They were of the allegedly planning to move from their home in iran to i sold territory. To isil territory. Im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Up, amazon shares surge after sales topped estimates. Jeff bezos is showing investors he can deliver profits and keep his side projects. Less, linkedin surprised the industry with the earnings be. Shares popping of...
June 24, 2024
Table seat at hillarys fund raising. An obscene amount of money say supporters who threw money at her mode cade. And the host George Clooney agrees its obscene. Wow, its a big day. Varney company is about to begin. To ecuador, over 200 killed from a quake along the coast. And the magnitude 7. 3. Nine dead from 6. 5 in the same area thursday night. 1500 people injured in those two quakes. How, toyota says its going to suspend much of its production of plants across japan this week and honda and s...
June 24, 2024
Exchange. David faber is in los angeles. More from david in a moment. Meanwhile premarket steady ahead of busy week of earnings. Nikkei takes a spill overnight catching up to the yen and Oil Steady Near 46. Our road map begins with Warren Buffett speaking out in omaha. Were going to bring you highlights, no deal for halliburton and hughes calling off their 28 billion merger. And simon hobbs live from cuba on a Carnival Cruise ship. First up buffett weighing in on the markets, fed and earlier thi...
June 23, 2024
Warning. We speak first to the ceo later on the show. And a surge in Chinese Tourists to europe offsets weaker demand sending shares in kering to the top of the european market. We also have lots of earnings coming from state side. Head in the clouds. Microsoft shares spike in after hours on a solid revenue beat and optimistic outlook for its cloud products. Out of the jungle for amazon. Shares are soaring on a surprise profit as the ecommerce giant gets a boost and the alphabet, investors are l...
June 23, 2024
We will hear from one asset manage who are says now is the time to buy into this beaten down industry. Where is the Broader Market heading as we wind down here. Were winding down the year . Its only october. Christmas is around the corner. Morgan stanleys adam parker and David Rosenberg will weigh in with their view of what happens as we make our way through the Fourth Quarter. Uber seek to go raise another billion dollars and you wont believe how much that could put the company in terms of valu...
June 23, 2024
At the same time. Within about 2030 seconds, i can have access to the inventories about 40,000 book dealers worldwide and i can usually have an answer for a customer while theyre still on the phone because independent book sellers create their own selection. You will have a different selection in each different store. Barnsbarnes noble stores are created by someone at the office. If you walk into a barnes noble in green bay or San Francisco or new york, if that matter, you will find the same col...
June 23, 2024
Quarter guidance on china concer concerns. Nordstrom shares lose a fifth of their value with the u. S. Retailer cutting guidance after earnings missed expectations. Markets not lending themselves to an ipo for loandepot as the California Firm holds its plans to price its listing. It is gdp day here in the euro zone. Im looking at 0. 3 on the quarter. Thats a touch below the forecast which was 0. 4 on the year on year figure. Were bang in line with expectations, 1. 6 . Now the euro zone economy g...
June 23, 2024
A fleet of police cars was waiting when they arrived. Abcs david kerley with the details. Reporter the southweststet was only 1 1minutes into its flight when the pipit calls the a. Tower. Hey, flight a aendant just cacaed. Evidently we got two passengers that are in a a ysical altercation, so we need to get turned around and back to l. A. Flight 2010, declare agajs. Reporter inside the jet, an escalativg situation according to southwest. A fight between two passengers. Those on board say it was ...