Lead to care. For School Welcome to the program such a bank has long been in crisis a so far failed restructuring attempt a litany of litigation in the United States and high costs have weighed the company down now it says its on the road to recovery announcing its 3rd straight quarter of profits a bunch of bank returned over 300000000 euros for the 3rd quarter thats more than analysts estimated a boost in trading revenue and a drop in missed credit repayments helped a lot so far this year looks a lot better than 29000. 00 when it made losses in the boot billions of euros as you can see there however the full effect of the pandemic could yet be to come if Companies Fail to pay back loans that could yet damage the companys long promised return to success now. Is the financial correspondent in frankfurt. How well is Daughter Bank prepared for a potential wave of bankruptcies due to the pandemic. Its better prepared than in the past the numbers in the Balance Sheet which describe the Capi
Resorts. Should investors roll the dice it is our call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was there was monsterous call buying when it was trading in the 290s there was massive when i say massive we dont see that kind of p
Welcome to daybreak australia. I am haidi stroudwatts in sydney. I am vonnie quinn. Intel climbs on an upbeat forecast. The selloff in big tech while bonds rise, janet yellen tells bloomberg the recent you observe revise economic strife. You are seeing yields go up. This is simply a reflection of the strength of the economy. Also, the ftx founder faces prosecution as he takes the stand in the fraud trial. Lets get a quick check on wall street. S p futures tire. Nasdaq 100 futures point to a higher open in the very early going. This after the s p dropped another 1. 2 . That brings the yeartodate gains we have had very mixed earnings in particular from the tech company. Economists are only looking for rise of 1. 9 . A lot of mixed signals out of this economy. We have the 10year yield dropping for basis points. Now it is down to 8343 a barrel. Lets have a look at those after the bell earnings. We have amazon and intel. The market is reacting well to both. Intel is saying the west may be o
Stocks, erickson down 6 . The Network Equipment maker continues to suffer from the disappointing story turning out to be 5g. It is not delivering in the way a lot of people had anticipated. The nordic private equity stock down 7 . Talking about a slower fundraising environment, talking about the fact that they are thinking about novel ways to deliver on exits. Private auctions is one possibility. This is traditional exits the private equity market would normally use in the Public Market not working right now. We will talk more about this in a moment. Alix alix i am very surprised the s p is only down. 2 despite the fact that the 10 year yield is jumping higher 11 basis points and we get hot retail sales. It is not just that they missed estimates but they reaccelerated to the upside. The sox is not helping, this is the semiindex, on news the u. S. Could limit nvidia chips to china. We also has asml tomorrow. Something here does not make sense. We saw the same thing yesterday. I want to
Misinformation as elon musks x faces backlash over changes to its content Safety Policies. Caroline and well return to the trial of freed as it enters its second week with a key witness taking the stand. First, lets check in on these markets because as we see the geopolitical tensions, we also factor in what that means for macroeconomic policy here in the United States. Many are dialing back the anticipation of a fed hike coming in the next month. Nasdaq currently up. Were looking at a 10year yield after being shut yesterday, the bond market reopens with a significant move to yields to the down side. The vix also does back that volatility, that fear index, just off by one. Lets have a look at whats really some of the assets that are focused on israeli tech. This is the e. T. F. Weve shown a light on yesterday coming from arc. The arc israeli innovation e. T. F. Managing to bounce back a little bit today. But dig into the microfor us. Ed there are a few new stories and movers out there