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BLOOMBERG Market Makers June 22, 2024

Of its creditors, including the imf and the European Central bank did greece got a alone last week after parliament agreed on new austerity measures. In the meantime, great thanks reopened for the first time in three weeks,. There are still limits on withdrawals overseas. Merkel is suggesting that greece cant get limited debt relief. She ruled out a haircut on greek debt. A classic haircut of Debt Forgiveness of 30 cannot happen in the currency union. It may happen outside, but not within. Erik ...
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BLOOMBERG Countdown June 22, 2024

Anna welcome to countdown. Ryan we will be talking to the ceo of this swiss drugmaker later in the day. Just missing sales the estimate on sales coming in at just over one billion swiss francs. The expectation from analysts was 1. 3 billion. Anna the swiss drugs giant considering reporting what they call a good Second Quarter. That number is for the Second Quarter and that is actually 12. 69 billion compared to 12. 7 2 billion that was the forecast. A touch shy or broadly in line with analyst es...
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BLOOMBERG On The Move June 22, 2024

Lower in terms of gold. Why . Down goes gold. Down goes commodities. The u. S. Economy is back on track. We have the opportunity of a rate rise. That means the dollar is back involved. We are seeing a selloff across the commodities space. We are seeing borrowing costs coming down across the board. We have italy down 2 10 of a percent. The banks are starting to let the market know they are looking to sell debt. They are raising about five billion euros. Companies want to get hold of the optimism ...
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BLOOMBERG Bloomberg West June 22, 2024

Should be able to buy directv. All of that ahead on bloomberg west. First though, we are talking about amazon, out with a much better than expected quarterly report, revenue jumping 20 and returned a surprise gain of . 19 per share. Analysts were expecting a loss of . 14 per share. They have efforts to lure more customers with amazon video. Right now, shares a rub 17 . With us from new york the senior equity strategist for amazon and the Vice President of Media Ventures and from seattle, our gue...
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CNBC Power Lunch June 22, 2024

Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Ye...
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CNBC Closing Bell June 22, 2024

Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure w...
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BLOOMBERG Bloomberg West June 22, 2024

Youtube would have been crushed without google. I bring you highlights from my studio 1. 0 interview. All of that ahead on bloomberg west. First though, we are talking about amazon, out with a much better than expected quarterly report, revenue jumping 20 and returned a surprise gain of . 19 per share. Analysts were expecting a loss of . 14 per share. They have efforts to lure more customers with amazon video. Right now, shares a rub 17 . With us from new york, the senior equity strategist for a...
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BLOOMBERG Bloomberg West June 22, 2024

Youtube would have been crushed without google. I bring you highlights from my studio 1. 0 cofounder chad hurley. All of that ahead on bloomberg west. First though, we are talking about amazon, out with a much better than expected quarterly report. Shares surgery surging. Revenue jumping 20 and returned a surprise gain of . 19 per share. Analysts were expecting a loss of . 14 per share. Amazons secondquarter sales also got a lift from its Cloud Computing business and efforts to lure more custome...
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BLOOMBERG Countdown June 22, 2024

Lets catch up on what the market has done overnight. The big issue is oil, back in the bear market. It is currently down 20 off its highback in june, when we reached the high. Clearly, china is weighing into that once more with concerns about too much supply and where demand goes when you have the pmi coming out of china. If missed every single economists forecast. We saw doing even worse than had been expected. I will also bring you uptodate with some of the market moves we saw in terms of clos...
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BLOOMBERG On The Move June 22, 2024

We are at one dollar. 099 1. 099 dollar. There are your numbers. Manufacturing in france falling. As a price contraction. Euro off by 1 . Today is all about commodities. Copper lower. Goldman sachs says it has further to go. Oil, a little bit of a rebound. We are seeing it continue to decline, up by 4. 2 . Lets get back to how the you how the euro is responding. Continually lower, contraction for pmi is a surprise. Lets take on some of the equities. We did get a number of earnings. Terrible prof...
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