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July 16, 2024
A weaker u. S. Dollar as well. 105. 38 to the japanese yen. Gold back about 2000. 003. 35 an ounce right now. Walmart benefiting from online orders but store traffic was hampered by the coronavirus. The companies cfo said comp sales growth slowed last month as the government relief waned. Lets bring in Morgan Stanleys Simeon Gutman. How did the Company Managed to get margins around 42 . Comp. they had a 9 rising tides lifts all boats, but they had gross margin in the u. S. Swing from down to 200...
July 16, 2024
Is the overall market. This is really helping. The dow industrial will open with a 500point gain. We were up 500 yesterday, youre up about 1100 points in 24 hours. The s p to the upside big time and the nasdaq up 76, it is a rally. Travel related going straight up as well, if there is a vaccine that works, people can take it and be safe on planes and cruise lines, we could get out and about more on a mass scale safely. Backtoschool might get help as well from the vaccine news. Hold on we are not...
July 16, 2024
Hotspot while infections in india rise at the fastest pace in asia. Zealandsnks new postvirus recovery. We are joined this hour by the rbnz governor, adrian or. Orr. Haidi lets take a quick look at markets. We saw that exuberance over the Moderna Vaccine progress really dissipate quickly. We saw the late session swing when it comes to trading in the u. S. As it has concerns over the efficacy data from moderna causing some concern. Take a look at the futures in asia. We are seeing downside when i...
June 29, 2024
Fatalities included haiti and the dominican republic. Maria is heading for the bahamas. Im jessica summers. This is bloomberg. Bloomberg technology is next. I am emily chang and this is bloomberg technology. New plan, asking the board to draw the proposal to create a new class of shares. A rare victory for outside investors in the battle for control of the Worlds Largest media company. What this means for shareholders, next. Londonels of ubers operation could completely fall off. We will map the...
June 29, 2024
On at least two dozen private plane trips made by tom price. Price took at least 24 flights since he joined the cabinet in february. They said his job is difficult and is working as long. The death toll in the caribbean has climbed to at least 27. With 15 deaths in dominica, and six in puerto rico confirmed. Other islands reporting fatalities included haiti and the dominican republic. Maria is heading for the bahamas. Im jessica summers. This is bloomberg. Bloomberg technology is next. Emily i a...
June 29, 2024
When an 8000 firefighters are battling blazes with additional manpower and equipment on the way. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Emily i am emily chang and this is tech. Bloomberg technology. Ton the public can expect see more than 3000 russian linked ads. My wide ranging exclusive interviews with executives. What they had to say about amazons 4 billion windfall. China officially deman...
June 23, 2024
Weve got ecb, janet yellen speaking once again. Tom will ecb unveil echo the announcement out of the press conference. All of surveillances morning, on television and radio. Lift into difficult news, starting with news in new york city. Good morning tom and caroline. The two suspects in california have been killed in a shootout with police. This happened several hours after 14 people were killed at a center for the disabled. The police chief spoke late last night. We put out we have information ...
June 19, 2024
Chinas Economic Growth will slow dramatically in less than a decade. Heres jim on china. When i wake up in the morning we keep an eye on china because i think it is the engine for global growth, whether or not you believe in the numbers or not. I think it is the largest credit bubble going on the markets the globe right now and one of the large knells history. The Chinese Government has signaled it will tolerate slower Economic Growth this year by refusing broad stimulus action. Facebook may be ...
June 19, 2024
A 20 million loss in the First Quarter after posting profits the past two quarters, but sales did rise 28 due to strong revenues from the companys videogame console business. Use the chips. Ne netflix and vodafone are talking about giving vodafone subscribers access to netflix movies and tv shows. The netflix content would be free for a time, according to people familiar with those matters. Contentdy has similar deals with spotify. Edward snowden has made an appearance on russian tv. For my vide...
June 19, 2024
A report says that their growth will slow it must than a decade. Wake up, we keep an eye on china, because it is the engine for global growth. Whether you believe the numbers are not, i think it is the largest credit bubble going on in the global right now, one of the largest in history. Strong words. The government says that it will refuse broad stimulus action. Facebook may be looking to increase influence in china. Joined the business goal. Leased spacently in beijing and plans to expand in c...