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June 28, 2024
Welcome to bloomberg daybreak the flagship morning show. Anna lets get to the details. A beat in terms of the First Quarter net profit coming in at 1. 27 swiss francs. A comfortable beat for ubs. They are saying that wellplaced to benefit from any market improvement, but they are saying they have yet to see a sustained increase in client activity. This is something they have been struggling with recently. The rich to amongst put their money to work him a political and economic uncertainty. Well ...
June 28, 2024
Will his spending help boost Economic Growth . Mark 30 minutes until the end of the friday session, the long weekend commences. Stocks are down today. Equity indices are higher, but overall, the stoxx 600 down for the day. The best week since december though. Sweden, iceland, greece, and sovereign bonds commodities, but its been a fascinating week dominated by the results of the french first round of the president ial elections. Next round is next sunday. Ubs, big news today of course, earnings ...
June 28, 2024
Through the last seven days, we can even relax as the weak gdp number. Im ready to put this week to bed and move on our game plan for the next one. Monday we hear from advanced microdevices, amd, a stock that was picked very high up in yesterdays very fun seemingly fit draft. And just like the markets like of new tech stocks, i dont know how this one will react even in the best of quarters. Intels numbers were widely panned last night. As i have repeatedly said theres nothing wrong with the comp...
June 28, 2024
Good morning, everyone. Im scott mcgrew. I have some video for you that is just so northern california. Its the morning meditation meeting taking place at a San Francisco Company Called calm. Sales are up and flows are downward dog. The company is led by a fellow named michael ack ton smith. Michael is serial entrepreneur from creating computer magazines as a kid to venting the popular childrens Online Social Network call emotion chicamoshi monster little child there says he hasnt got anything o...
June 28, 2024
Health care in this country. Its a first on cnbc interview. Well talk about this ongoing battle on capitol hill, and how it could impact his business. Might see a vote this week. Always get a good read of whats going on in the industry when mark joins us. Looking forward to that very much. You saw muvaney giving a firey defense of the government funding deal reached in congress, and President Trumps tweet that the nation needs a good shutdown as he put it, we got the highlights on all of that co...
June 28, 2024
Axa announces plans to float a Minority Stake in its u. S. Operations, as the french insurer reports First Quarter revenue shy of analyst estimates. Ings First Quarter underlying pretax results exceed expectations, but the companys cfo tells this program demand is still soft. Demand is still quite low. So you have to work really hard in order to get your lending volume in. Thats why we are so flash and happy with the 5. 7 billion. Good morning. Glad youre with us on wednesday. We have a lot to g...
June 28, 2024
Theresa may says a cyber attack that is crippled some u. K. Hospitals is part of a wider international attack. May said there is no evidence patient data has been compromised. Hospitals have been hit by a socalled ran somewhere attack that shuts wards and closes emergency rooms, bringing treatment to a halt. Demanding payment for the data to be released. Similar attacks were thwarted in spain and in other countries. Alking about expanding the laptop ban on planes headed to america. That restrict...
June 28, 2024
Equities are trading, 30 minutes until the end of the monday session. Stocks mixed day for stocks. Declines in belgium and italy today. Gains for currencies against the euro. Merkel, the german chancellor, so the euro is to week. It is up to september high. Core yields rise, as you can see in finland, ireland, france, and austria come and of course come in the oil market, it is all about the opec meeting taking place later this week. Will production cuts be extended . Will they be deepened . Let...
June 28, 2024
Nobel winner, jails robert shi yales Robert Shiller. I didnt mean to cause jaws to drop. Why this call . Well, its not that different. Stocks have generally outperformed other investments through history. Theyre highly priced now, which means i dont expect them to outperform so much, but for a longterm investor, and most people are, i think there should be a place for stocks in the portfolio, and they could go up a lot from where they are now. They could also go down a lot. Thats the problem, bu...
June 28, 2024
You want a competitive role. My number one job is to rebuild trust with all of our stakeholders. Jonathan plus the easy be ecb prepares to unwind qe. It is only fair if you leave the club, you settle the accounts. They seem to be fully and in command. They are in a position where they will be surprised by what we do. Jonathan that is all straight ahead on bloomberg best. Jonathan hello, and welcome. Im jonathan ferro. This is bloomberg best your weekly review of the most business important news,...