Page 4 - First Fund News Today

We start with amazon, because the Online Retail giant has revealed another set of mind boggling sales figures. Ceo jeff bezos says efforts to make one day delivery the norm for prime customers are paying off with accelerating sales growth. Shares have fallen though as investors were disappointed with how little profit amazon is making on all that business. Lets show you the details. Amazon made revenues of 63. 4 billion in the three months to the end ofjune. That was up 20 on the same period las...

Earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. Came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards. Rofitability we see nearterm drivers in the form of reducing driver and rider promotio...

Before the open this morning along with twitter overnight in asia, you will see what was happening there the nikkei ended down by almost half a percentage point. Hang seng was down by 0. 7 shanghai in china, you did see stocks higher. Up by a quarter percentage point. In europe, the three major averages had all been in the green. The dax up by 0. 3 the cac up by 0. 4 the ftse up by more than that. Italy and spain stocks there weaker spain down by 0. 7 in the treasury market, again with the gdp n...

And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promo...

Welcome to squawk alley. Im Carl Quintanilla Morgan Brennan has the morning off. What a morning it is too beginning with major tech earnings four big one, twitter, amazon, alphabet and intel and intels ceo bob swan will sit down with us as we look at potential datacenter recovery, pcs and unbelievable characterization of what china was like last quarter. Yeah, surprising mix, the pull in from people freaked out about tariffs actually had some benefit, sounds like, for the pc business, of course,...

Perfunctory. Now it is done. Tmobile, sprint, theyre coming together. Charlie gasparino has the breaking details on sprint tmobile, what happens now. The concessions that were made, what it could mean for industry. Will we go to blake, guys . Blake is available. First you were missing in action now youre doing your job. You are doing your job. The white house come out to say essentially we have had much stronger, you know, gdp read, paraphrasing here, if not for the Federal Reserve spoiling the ...

And double digits, softbank announced its second vision fun after its wildly popular first tech fund. How it is changing up the landscape. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Sales, bookings, and monthly users all missing estimates. Shares down to the lowest level since may. Here to crunch the numbers and break down uber eats an active users is Mandeep Singh of bloomberg intelligence. Payment fairly disappointing, what is your biggest take awa...

Biggest tech companies. Soared to a record high, with tmobile, netflix all adding fuel to the rally. Alphabet posting its oneday percentage gains since july for death july 2015. Joining us to discuss, senior markets editor mike regan. Facebook, twitter, all reporting results. Where do we see the biggest result biggest move . It was a major week for companies. Very tech centric. Theabet is the star of show, rising 10 . All seem to be firing on cylinders. Announcing that major 25 billion share buy...

Mario draghi made it clear the European Central bank has one way to go and that is lower when it comes to rates. Earnings reports continue to roll out fast and furious. We have been successful with pricing. The revenue pressure is not sustaining in the industry. It is the teflon company. From Central Banks to brexit, the weeks top interviews. There is a certain small probability this could be dangerous. What is happening to the u. K. Economy is not entirely driven by brexit. Juliette it is all s...

Talks on again, but the path to a deal remains elusive. Joe officials have been cautioning not to expect a whole lot. Juliette police and protesters clash again in hong kong. U. S. Authorities plan an antitrust as growth in the eurozone shows signs of further shrinking, the ecb makes a key decision on stimulus. Mario draghi made it clear the European Central bank has one way to go, and that is lower when it comes to rates. Juliette earnings reports continue to roll out fast and furious. Frank we...