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BBCNEWS World July 3, 2024

Rattled wall street with disappointing forecasts, making it clear that the billions its spending on Artificial Intelligence could take years to pay off. Well, in the last few hours weve had news from two more tech giants that has certainly calmed those nerves. Microsoft, now the worlds most valuable company, and alphabet, which owns google, have both seen their profits jump thanks to demand for al. Lets show you the details. In the three months to the end of march, microsoft made almost 22 billi...
Technology Company Bbc News What Ways Is Al Being Inflation Jumps Double Whammy Interest Rate Cuts

BLOOMBERG Bloomberg July 3, 2024

The yen hits a fresh 34 your low reaching 156 after the boj colds rates steady and tweaks its language on the bond buying. We bring you the latest reaction at head of the Governors Press conference. Wall street higher thanks to a boost from big tech, alphabet and microsoft shares surge on earnings beats as fuels demand. Hopes of dampened as the u. S. Economy slows well price pressures move higher, traders pare rate cut bets as the focus shifts to bce data out today. You put from the tech story c...
Governors Press Rate Cut Share Buyback Companies Investments Basis Points Big Tech

BLOOMBERG Bloomberg July 3, 2024

Ferro, Lisa Abramowicz and annmarie hordern. Lets get you to the weekend. Live from new york city this morning, good morning. This is bloomberg surveillance. Amh has started social be back on monday. Equity futures positive by 0. 7 . Alphabet and microsoft, they do not need rate cuts from the Federal Reserve. Alphabet we are talking about beats on the top and bottom line. Throwing a dividend an extra 70 billion Share Buyback. Lisa i was trying to put this into perspective because its one thing t...
Lisa Abramowicz New York York City Artificial Intelligence Cloud Services Services Increasing

CNBC Street July 3, 2024

Five barrier. Uk gdp revised higher for the first and Second Quarters with the countrys stats office boosting the first and Second Quarter stronger for germany and france. And the senate tries to fast track shortterm Spending Plans before the potential Government Shutdown on sunday. House speaker Kevin Mccarthy tells cnbc theres still time. The fund raising trail and lets get together and we have been able to do it before when we sat down. We can solve this problem. This is an actual opportunity...
First Second Stats Office Second Quarter Spending Plans Government Shutdown Kevin Mccarthy

CSPAN3 Alex July 3, 2024

Been waiting for. To hear from alex tapscott, the bestselling author himself. Im pleased to introduce him. Alex is an entrepreneur, a business author, a seasoned Capital Markets professional, focused the impact of emerging technologies such as blockchain and cryptocurrency, business, government and, society. Alex has been also the coauthor of, critically acclaimed nonfiction bestseller blockchain revolution, which i mentioned earlier. It was really a life book for me that changed the trajectory....
Capital Markets Life Book Digital Assets Wall Street New York Harvard Business

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BLOOMBERG Bloomberg July 3, 2024

Australia. Im paul allen in sydney. Counting down to asias major market opens. Big u. S. Tech jumping after the bell as earnings mostly beat expectations. A sigh of relief from investors worried about lofty valuations. Elite rebound coming after markets were rattled by data showing starved inflation and slowing growth in the u. S. Economy. It is decision day for the bank of japan. Market players scrutinized for hawkish signals. Plenty on the docket today. Lets look at how markets are setting up ...
Paul Allen Major Market Day Bank Central Bank Morgan Stanley Morgan Stanley Mufg

FBC Varney July 3, 2024

Good morning, im david asman in for stuart the varney today. Meta is bleeding cash. The companys lost 200 billion, thereabouts, in market value since their report after the bell yesterday. Now, Mark Zuckerberg says he plans to spend billions more on artificial intelligence. That had investors a little concerned. Meanwhile, gdp for the First Quarter coming in well below expectations. That accelerated selling. The dow is now down 447 points. The nasdaq is down 276 points, so its going to be a wild...
David Asman Stuart Varney Market Value Mark Zuckerberg First Quarter Much Movement

BLOOMBERG Bloomberg July 3, 2024

Battle for dominance ahead. Lets check in on the markets. Caroline the nasdaq is coming off of its highs. The mood dips a little bit with the strikes being protracted when it comes to the auto sector. When you look at the inflationary pressures, its easing off of bit so we are up by. 62 . On the twoyear at 5. 04 and the bloomberg dollar is down by 1. 3 . Lets look at us i the dollar and bitcoin is slower. 26,870. Going into the mic removes when it comes to stocks. Ed there is no hyperbolic mover...
Us Dollar Court Testimony Apple Second Technology Still Recession Risk Monetary Policy

IRINN July 3, 2024

In the name of allah, the most merciful, the most merciful. News sources tell about the unprecedented suppression of antizionist student gatherings at the university of texas, usa, and the students clash with the police, who arrested at least 20 propalestinian students. Student protests in the United States in support of the people of gaza and the end of the israeli war have reached the university of texas after Harvard Brown and Southern California universities, and the campus of the university...
Gatherings University United States Israeli War University Texas Harvard Brown Southern California

BBCNEWS Verified July 3, 2024

Just had the latest reading on the economy there for the first three months of the year. Official figures revealed the economy expanded at an annualised rate of 1. 6 , far below expectations and also less than the growth seen in the final months of 2023. Meanwhile, inflation, which measures the pace of price rises, has increased. At the start of the year, experts had been forecasting a series of Interest Rate cuts in the us so how do these figures play into that crucial decision . Lets talk to o...
Bbc News Harvey Weinstein New York Military Operation Day Trippers Southern Gaza

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