Page 9 - Case Amazon News Today

We will talk about that over the rest of the hour. 10 year yields are up about four basis points to just under 466. Lets talk about assets. Tremendous volatility on other Asset Classes as well. New york crude down to 81 on the day, just under 82. 8 lower. The dollar is still getting some strength along with yields. The yen is weakening to 157 on the day. Remember, there have been accounts by the Japanese Central bank, reviewed by bloomberg, show and likely intervened in the market monday. You sa...

I am Katie Greifeld in new york. Welcome to bloomberg markets. We are charging to the finish line this friday. The s p 500 is higher by. 9 . Matching my shirt. If you look at the nasdaq 100, big tech is up 1. 4 . We got some earnings last night, and they were pretty good. Look at the bond market. It is interesting. You have the 10 year yield lower rate by six basis points, even though the core pce price index, the feds preferred gauge of underlying u. S. Inflation, was rising at the quickest pac...

If you want to look at what is happening in the u. S. Equities this morning, you will see green arrows dow up 25 points right now you have the nasdaq up 1 the s p is up 4 points it is a complicated month. You have most of the major averages on track for the worst. Dow down the last six of seven sessions a lot of questions about what comes next and comes from the fed. Is a recession coming . Will they land softly . It is an interesting use of the word interesting above 4 6 the inversion widened a...

We will air excerpts from the debate and speak to former president ial candidate ralph nader about trump and the race. One thing about trump being a serial law invader evader, he does it day after day, brazenly. Here is a person who said in july 2019, then i have article two when i have the right to do anything i want as president. He later insisted that the constitution should be terminated. Amy and we speak to david dayen of the american prospect about the lawsuit against amazon and the growin...

Alleging it operates as an illegal monopoly. A federal lawsuit filed today as you coos the ecommerce giant of strong arming Small Businesses and harming consumers. Cbss jo ling kent has the det details. Reporter the federal trade commission is taking major legal action against amazon, calling it a monopoly power. The agency, along with 17 state attorneys general, filed a landmark lawsui in Seattle Federal Court today, alleging the Online Shopping giant exploits its monopolies in ways that enrich...

Frasiers left hook. He connected. Feet off the ground, flying through the air, left hook, boom. Really hit him hard. Before we even got to a trial. He said we know fraud when we see it. Weve looked at all the evidence, this is fraud. There will be a version of the trial maybe starting next week. Well get more details in a minute. The judge could not have been more clear in his ruling yesterday that what donald trump and the organization perpetrated over many, many years, in his eyes, is fraud. Y...

Shery youre watching daybreak a show live from new york, sydney and hong kong. Haidi the top stories, asian stocks are lower as volatility ratchets up. The dollar is extending gains. Tesla in the crosshairs as a beneficiary of subsidies. The ftc is accusing the ecommerce giant of monopolizing services in challenging sellers. Shery take a look at futures. Muted moves after the s p 500 fell to the lowest level since early june. We are on track for the worse month this year. The fear gauge is climb...

Caroline im Caroline Hyde. Ed im ed ludlow. Caroline the president joins uaw workers on strike to discuss what it means for the ev industry. Ed the latest on the antitrust battles and the google trial continues. Caroline apples biggest start of the year. More on the product misfire. Breaking news around one Certain Company with regulatory requirements and ftc crackdowns. This the nasdaq is down one point 27 . Twoyear yields pushing up by two basis points. There is movement on the dollar. The vix...

That was the trigger point i pointed out last year the tenyear yield was up 10 or 11 basis points and the stock market was down 3 that shows you there was a little catchup. I dont think tech is where we have to look at the epicenter. Its about can the economy handle rates its about consumer cyclicals giving up their advantage. If you look back to the beginning of the quarter when we were at 3. 8 on the tenyear treasury, were now up to 4. 5, the nasdaq 100 hasnt underperformed the rest of the mar...

By 17 state attorneys general to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, and stifle innovation the suit represents one of the biden administrations most sweeping and aggressive moves to break up what it sees as consolidated power in the hands of the tech giants the administration hopes this will both lower prices new competition and spark new innovations that will help the economy. The ftc says amazons alleged schemes impact hundreds of bil...