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July 16, 2024
Silicon valley chiefs head to the white house for talks that may lead to the easing of the sales blockade on huawei. Shery we will have more on that big tech meeting in washington and what this could mean for the huawei been later on Bloomberg Technology global link. First, that get you started with a quick check of how the markets closed the market session. A positive session for u. S. Stocks. We saw the s p 500 gain ground, up 3 10 of 1 . A couple of analysts calls, including one on apple, wit...
July 16, 2024
Hong kong activists call on the g20 to back there protests their protests against the extradition bill. They want World Leaders to use their influence on beijing. Shery and getting around the huawei blacklisting. U. S. Chipmakers have figured out a way to do it. 14 . N of as much as lets look at the broader markets because we have seen the strength in tech shares. We have seen the nasdaq gained. 3 . We saw equity markets higher in the beginning of the session, but in the afternoon, they started ...
July 16, 2024
Ban on huawei. Grounding may have serious implications for boeings future credit worthiness. Shery lets get you started with a quick check on how markets closed in the monday session in the u. S. 3 , as we rallied had tech shares leading the gains. The Philadelphia Semiconductor index up 2 . We had some positive trade news on the u. S. China front, not to mention a time of earnings and analyst calls. Apple being the biggest win on the nasdaq, up. 7 , with Morgan Stanley boosting its price target...
July 16, 2024
Shows like Stranger Things. Elon musk claims his new technology can redirect mind, announcing his latest startup has successfully implanting wires into brains and enabling a monkey to control the computer. The next goal, human trials. We begin with the hearings on capitol hill. Facebook, amazon, apple, google all appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first to be raked over the coals, facebook, as the Senate Banking Committee Fire...
July 16, 2024
The United States has basically shot itself in the foot. Conversations about the Global Economy from the g7 finance meeting. I think we need to be thinking about what happens, if there is more than a showdown. You need a country that had fiscal space to simulate stimulate their economies. Welcome im abigail doolittle. Your weekly review of the most important Business News, analysis and interviews from , Bloomberg Television around the world. Lets start with a day by day look at the top headlines...
July 16, 2024
The cover figure on this week. Fed chairman jay powell. Joel jay powell is probably the most important person in the world of finance. He has the Financial Institution that is probably the most important whenever institution anywhere in the world. For a year now, he has been the target of trumps twitter either. Trump just once lower rates, lower rates, lower rates. Wants lower rates, lower rates, lower rates. Carol they have been an agency for so long. We are wondering if they will remain that w...
July 16, 2024
Swing of 70. 5 points, the lowest in at least three months. Caroline down 12 on the dow. Romaine lets dive into the action with our markets reporters. Abigail, get us started. Abigail i am on amazon watch because it is the first day of the annual prime day sale event for amazon. Im watching the 1 trillion mark with amazon almost there, similar to earlier last week when it be fluent above 1 trillion. Same thing last september. This year, a huge run up. Now about 7 billion away. It will be interes...
July 16, 2024
The u. S. Team may ahead to beijing for new facetoface negotiations if talks over the phone go well this week. Shery later in Bloomberg Technology global link, we take a look at all the concerns around the facebook crypto push. Why analysts say libra is fanning the flames for critics. First, lets get you started with a first check of how markets closed on monday the u. S. We have equity markets fluctuating between gains and losses, just the finish slightly higher. Investors pretty much focused o...
July 16, 2024
Intelligence. The asset arm is planning to invest in Machine Learning hedge funds. Tesla shares are climbing in after hours trading. Looking at the largest gain this year after they set a new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. This is all due to accelerated shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an i...
July 16, 2024
Chipmaker is writing the demand for cuttingedge semiconductors. We set we had asset mark, a that is your business flash update. Romaine if you are looking to chinese asset company, up 23 . Buy a maximum security vault in singapore to store all your you also had iheart radio, which precious blue diamonds, you in dropped 3 . Luck. The freeport, considered asias fort knox, is looking for cloud strikes and some some recent ipos. Potential buyers looking to spend 74 million on ewald. Lets dive into o...