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June 29, 2024
Im sue herera. Home depot has a lot working in its favor. General electric, right now anyway, does not. Lets begin tonight with home depot. The Home Improvement retailer not only beat earnings and revenue estimates. It also saw same store sales blow past expectations and raised its outlook. The stock rose on the report, adding to its 25 gain so far this year. Courtney reagan star reporter while many areas of retail are at best inconsistent right now, Home Improvement retail remains robust, espec...
June 29, 2024
Concerns. They stopped short of a fullscale breakup, leaving estors questioning how big how quickly she can recover. Thats your Bloomberg Business flash. Matt thanks for a much for that. The president of zimbabwe is said to be step down. After a week of confrontation with the government, the forces have said action was needed to stave off a violent conflict. He is 93 years old. Whats the latest . It seems the situation is extremely fluid. Himself planning to step down. Theres a lot of secrecy. N...
June 28, 2024
Then actually our revenues are slightly up versus the First Quarter of last year. The Analyst Community was looking for was a sign that you had client balances back to levels we would have seen last year,. Especially your prime brokerage have you got that . Our prime workers business, we have recovered 50 of the bells we lost in the Fourth Quarter of last year. Not yet fully back. We see this in all businesses. When we need to be mindful of the fact that when clients come say, lets reengage, it ...
June 28, 2024
Fields in just a few minutes about exactly what it tells about where they are in the First Quarter and with the rest of the year is going to look like. You the ecb bring a. M. Y decision at 7 45 eastern time. Futures be stable out there. S p 500 futures up marginally. Weve pulled further back from se highs alix time for the morning brief. Weekly initial jobless claims in the wholesale inventory the durable goods and the trade balance from march. The treasury will auction 20 billion in sevenyear ...
June 28, 2024
Amazon, microsoft, and alphabet are still to come. We will break down the key numbers to look out for and we have an interview with the ups cfo. Mark lets have a look at where european equities are trading right now. 30 minutes until the end of the session. Stocks falling for the first day in seven, highest close since august 2015. Today is all about the ecb. And actually rose during the ecb meeting. They kept policy unchanged, rates at present or lower levels. Qe can be increased in size and du...
June 28, 2024
Promises and his administrations performance so far. We have world coverage on daybreak asia, live in tokyo for japans latest inflation data and a breakdown on nintendos results. Betty here in new york we will look at big earnings from Technology Companies and talk to a former u. S. Ambassador to china, from montana. President trump is set to mark his first 100 days in office on saturday. This is daybreak asia live from bloombergs u. S. And asian headquarters. I am betty liu in new york where it...
June 28, 2024
Busiest earnings day of quarter. The treasury secretary on the tax rollout. And the ceos of dow chemical and Southwest Airlines in the next 60 minutes. First up, the white house is pushing what it calls the largest tax cut and reform in history. This morning on the today show, the treasury secretary was grilled about how the plan will be paid for. And mr. Secretary, would you be willing to raise your right hand and look at the American People and say, i Steven Mnuchin promise you that this will ...
June 28, 2024
Target, prices refusing to budget in march. Haidi chinas oil giants benefit from cruise gradual recovery. Opec says producers are unified in rebalancing the market. Rishaad the regions banks are starting to report earnings, so far reflecting a general upturn in the economy. Right, lets have a look at what has been going on today, dominated by currency markets to some extent with mario draghi beast. D as an elusive doing nothing to cement a vision that tapering will start when it comes to the Mon...
June 28, 2024
Told anna. He says barclays is becoming the bank he wants it to be. Boosting pressure on north korea, Rex Tillerson echoes trumps warnings, but says to is ready tona impose further sanctions. Is the market paying attention . Alphabet beats sales projections in the First Quarter and amazon continues its 20year streak of doubledigit revenue growth. Will it continue to fuel the nasdaq streak. Less than an hour away from the end of the month in trading when it comes to european equities. We start th...
June 28, 2024
Im wilfred frost. Very good morning to you from me as well. Welcome back. Thank you. Its been a crazy, long week. Exciting day to be on closing bell with all the earnings. Thats coming up later today. New music friday. Well listen to the latest from katy perry featuring migos. Probably saying that wrong. Also wanted to send my congratulations and thanks to Louisa Bojesen after her final show on street signs. My very first day on air was with louisa. Wishing her thanks, because i wouldnt be here ...