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June 30, 2024
Blaming uk Consumer Confidence and pulling the rug from kingfisher in the sector. And your move, senators. A u. S. Golf. Shutdown a imminent address lawmakers try to round up enough votes to avoid it. The pressure is on the senate after the house passes a shortterm spending bill the iea is forecasting a big increase in nonopec crude production over the course of the next year. It expects the pick up in oil prices to spur higher levels of shale production in the United States but the iea says the...
June 30, 2024
Components, which will drop the dow 53 points. The market opens well, im not going to say strong but flat to higher, despite all the talk of a government shut down. They will be playing the blame game today all day long. The shutdown deadline is midnight tonight. Investors dont appear to care. Dont forget this and dont ignore it. America is now the dominant energy power. We call the shots. Boston, three to one favorite to get amazon headquarters. We had to get the bookies somewhere, we did your ...
June 30, 2024
The east coast. The clock is ticking, the house doing its part to avoid a Government Shutdown last night. The house passed shortterm spending bill late last night that will keep the government funded through february 16th, now it is on to the senate where passage remains anything but certain. In the House Republicans did their job. They made sure government stayed open. We are where we are for one reason and one reason only within a day of Government Shutdown and thats insistence of our friends ...
June 30, 2024
Did quite well. About weve been talking the investors worrying the last few days with yields continuing to march higher in anticipation of higher interest rates, itever the month of january, looked like a pretty good month for the bulls. I want to bring in this chart, as we round out the month. You can see s p stocks the best performance since march of 2016. President trump will take a look at take credit for this. The market is still doing well. If you look at that chart, investors are optimist...
June 30, 2024
Moon, super big and superbright. The first time in 15 years of bloomberg has synced up with a supermoon and a total lunar eclipse. Global news, 24 hours a day, powered by more than 2700 journalists and analysts. This is bloomberg. Emily im emily chang. This is bloomberg technology. Coming up, facebook, hit and miss. Our look at fourthquarter earnings for the social media giant and the most concerning metric or wall street. For wall street. How microsofts push into the blockchain and the cloud ad...
June 30, 2024
Facility at Sanford Underground Research facility. This experiment watch governor daugaards state of the state address with many on line. Were looking at a meeting for free trade and benefits of u. S. Economy. This panel looking at free trade and the internet, just getting underway here live on cspan2. First off with any project of this side could not taken place without support of an Incredible Team from the school from georgetown, from the Mccourt School of Public Policy and faculty and studen...
June 30, 2024
[indistinct conversations] what do you do for a living . I am the chief marketing officer of topbots, focused on Machine Learning. We help executives figure out what this Artificial Intelligence is and how to actually use it and apply it within their businesses. I have been asking everybody, how do you define Artificial Intelligence . We define Artificial Intelligence as using computers or technology to reach human or beyond human levels of ability, whether that is automating different processes...
June 30, 2024
Potatoes. This is Bloomberg Markets asia. Haidi small potatoes. Investors have been caught on the wrong side of the bed. A blogger saying it is like a horror movie that you just have to keep watching even though you know exactly what will happen. Lets look at the steepening declines when it comes to japanese equities. Korea taking the brunt of the selling. We are seeing selling across the board. The nikkei 225 down 0. 7 . Lower. Ix 4. 4 the s p as you said, entering true correction territory. Da...
June 30, 2024
First, to our lead. We had a slew of big tech earnings this week, and getting the attention was apple. I traveled to their new headquarters in california on thursday to sit down with tim cook after earnings were released. We went through some of the main takeaways. It sounds solid to me. When you look at a device like this, it is incredibly sophisticated. It is at a higher price point. When you consider the replacement cycles for consumers are slowing, i think it is a very strong number. While p...
June 30, 2024
Euro lower, bond higher as well. The bottom of the european benchmark. Ahead of the ecb news conference. The euro is up by. 1 . Borrowing costs are expected to stay at present level until the end of the purchases. European volatility needs monitoring. There is no concern about the level of the euro. Ecb does not target Exchange Rates. Exchange rates are important for growth. The euro rising for the fourth day above the highest level since december 2014. The median forecast by the end 1. 23. E ye...