Page 19 - Financial Engineering News Today

Memorial day. Katie and Katie Greifeld in new york. Welcome to Bloomberg Markets. Look at markets on this friday, green on the screen after a disappointing day on thursday. S p 500 higher by. 4 . It felt by. 7 yesterday. We are marginally lower for the week. A look at the nasdaq 100, higher by half a percent. But russell 2000 current the higher by. 6 or so. Lets drill down into eli lilly, boosting its weight loss drug supply. The farmer giant was meant 5. 3 billion will spend 5. 3 billion to mak...

Also tonight, donald trump is wasting his time in the bronx, following a Head Spinning week as a criminal defendant. Purveyor of nazi rhetoric, and bald faced liar that he was a target for assassination. Plus, how ron desantis fresh from his humiliating president ial campaign, is coopting the Civil Rights Era term Freedom Summer, to push his hateful agenda. We begin tonight with a very stark reality in america. Elections have consequences. And because this country elected donald trump in 2016, w...

Reporter good morning, maria. Thats right, the crossexamination of the prosecutions star witness disbarred Attorney Michael Cohen is set to continue this morning and we expect this is going to be the prosecutions last and final witness so well soon see whether the defense is going to put up its own case and call any witnesses. Of the witnesses that are possible, one possibility is attorney robert costello, costello offered advice to cohen after cohens home and office were raided in 2018. Costell...

Said that the historic move is pressuring commercial loan demand. Lets get a check on the markets, which continue to move lower, the dow down 278 points, nearly 1 . A greater decline for the s p 500. And the nasdaq down 1. 3 , similar for the russell 2000. And here in some ways, here is the big culprit. Treasury yields keep moving higher, and its across the board. Yesterday, the twoyear popped up to its highest level since 2006. 5216 is the latest. The fiveyear joining that at a level we havent ...

Of technology. Were worried about it inflation, no doubt about it but were hopeful about how Artificial Intelligence can bring all costs down we dont like housing prices staying stubbornly high. But we see how amazon can bring down the prices of drugs and groceries. Thats how ive come to view this market. We get the crucial price index tomorrows game and. The dow dipping 81 points. The nasdaq advancing 0. 9 . We did break the dows winning streak, though the last down day was april 30th thats pre...

Turn it off, please. Lets see what happened here this weekend. This is the first time this meeting took place without Charlie Munger being here. Before Warren Buffett took to the stage, this was a stage where there was a lot of emotion that came into this here with a standing ovation for charlie at the top. Roll that back down, please. A standing ovation for charlie right at the top of the meeting after a movie that played a halfhour movie, that played his highlights over the years and funny ski...

Down, major averages higher. There is the rate picture today. 450 on the tenyear. Apple helping too. That stock having its best week since december of 2021. Results less bad than feared, and the announcement of a massive buyback the main catalyst there. It takes us to our talk of the tape. Is this the week that apple found its footing. Le i look at your notes today, you say, quote, it is hard to not be more bullish on apple here. Why so . Sure, so i think the risk ultimately coming into earnings...

And the yen finds its footing. Im melissa lee here with you tonight. We start with a human move last night on appear 8 after the tech titan announced a monster buyback, the largest in history across all companies. Apple is no strange tore giant repurposes, reducing share count over the last year buying nearly 85 billion worth of stock. Yesterdays announcement brings the total to nearly 700 billion. Is not all just a bit of Financial Engineering. After all, overshadowed, it was a 4 drop in overal...

Mornings, thanks for joining us this morning. I am maria bartiromo. I hope you are having a good friday morning friday, may 3, 8 00 a. M. On the east coast, after 10 days without an on camera statement about nationwide college riots President Biden decided to dress chaos had some jewish students afraid to show up for class. Moments like this always, rush to score political points this suspect a moment for politics there should be no place in any campus, no place in america, for antisemitism or t...

Later on in the session. Will have more on what jay powells comments mean treasury yields here with tenyear yield at 4. 16 . Lets go to lindsey and talk at the same time fed chair jay powell said bringing down inflation will take longer than previously expected he cast doubt at the next policy move could be a hike. Its unlikely that the next policy rate move would be a hike i say unlikely you know, our policy focus is what i mentioned which is how long to keep policy restrictive. Thats all fine ...