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July 16, 2024
Softbank continues to design a plan for wework despite signs that the startup prefers jpmorgan. Afterflix shares jumping investors concerns are called about a concern back home. We are seeing u. S. Futures unchanged this is after u. S. Stocks fell in the regular session. We had tech and Energy Leading the declines on the s p 500. We also had treasury yields declining today. We have u. S. Retail Sales Numbers that came in and contracted missing expectations. Up the sentiment for potential rate cu...
July 16, 2024
London and various european capitals on whether or not Boris Johnsons deal will fly. The lira trading lower by around a percent today. I suspect that has to do more with Interest Rates than what is potentially happening in syria. Vonnie hsbc looking to cut 10,000 jobs, dropping its french Retail Business entirely. The interim ceo looking to potentially take the reins on a permanent basis. Banks begin reporting next week. We are with mike mayo, wells fargo managing director and head of u. S. Larg...
July 16, 2024
About the pg e power shut off in the south bay and we will bring it to you live. The time is 7 01 and lets get to breaking news weve been telling about all morning with a wildfire in moraga forcing evacuations overnight. Its called the barrel fire and appears to be knocked down. The all clear was issued for the Sanders Ranch neighborhood of moraga, great news and the fire started just before 1 00 this morning and burned 40 acres. It was burning near merrills star colonel north and sanders road s...
July 16, 2024
No more work for wework boss adam neumann, he is quitting a ceo saying it is in everyones best interest. Kathleen lets get a quick reminder of how u. S. Stocks ended the day. It was all about politics. Geopolitics. The dow jones losing a half percent. S p 500, nearly a full percent. Drop pointl, the 10 in Consumer Confidence in the u. S. Our people worried about the trade war . Yes. Donald trump increasing the downward pressure on stocks when he gave his speech at the u. N. General assembly and ...
July 16, 2024
Many many markets in a decade but it falls short. , saudier the attack arabia attempt to move beyond the worst oil shortage of bloomberghe ceo tells will be back online soon. Ofas i said, by the end september, we will be a capacity. Manus it is daybreak europe. We had an irruption in overnight funding. We touched on it yesterday, nejra. Up she went, double bang. Back inpean market came and quelled the market. Was it all to do in paying taxes are paying the auction, or is there a tightness in the...
July 16, 2024
The indonesian president speaks exclusively to bloomberg saying no one wins in a trade war, and he is refusing to take sides. Later, tesla says delivery records still fall short of elon musks target. For now, lets get you a quick check of the markets. We are seeing u. S. Futures higher by. 1 , but this after major indices lost more than one point 5 . The s p 500 fell the most since august 23. Remember, august 23rd was when President Trump announced those two sets of tariffs on chinese goods. Eve...
July 16, 2024
Holding. Quarters of 1 on the 10 year. Ago,about nine days trading at 1. 16 . To basis points higher. Crude oil and others deeming a breakthrough. We do have a fall coming with iran. That is because of john boltons departure. Crude oil moving to 9 10 of 1 . We already we await mario drahgi. Moving things along and looking at new york. Su keenan is there with first word news. Su we start with the u. K. Government. Chaoswarning of soybean with this russian that trade and financial services, and th...
July 16, 2024
Official approval. Speaksstanleys boss exclusively to bloomberg, warning the fed against cutting rates. Ive supported the latest fed rate cut and i suspect they will do one or two more. But then it is time for a pause. Shery more from that exclusive interview with james gorman ahead. Plus in Bloomberg Technology global link, aps incremental tweaks to the iphone lineup. We will ask if that is enough to lure buyers. Thats get you a quick check of how the markets closed in the u. S. A bit of a rock...
July 16, 2024
Hurting the economy. Retail sales and Hotel Offices tumble. Tourism from china sliding more than 40 . Shery later on Bloomberg Technology global link, we will talk about airbnb charting an unconventional path to the Public Market and how vcs are looking to disrupt the ipo business. Lets get you started with a quick check of the markets. U. S. Futures gaining 1 10 of 1 but this after we saw the s p 500 fall the most in about a month. We have the s p 500 finishing below its 50 Day Moving Average o...
July 16, 2024
Stolen by greed and arrogance. Growing concern about containing shortterm rates for Balance Sheets. We hear exclusively from bill dudley. Kathleen later in Bloomberg Technology global link, a new report says juul is the target of a criminal investigation. Another major setback for the ecigarette giant. Now a quick reminder on how u. S. Stocks ended on this monday. You can see nearly mixed. We have to say flat but it was a bit of a recovery after fridays a slump. Volume about 28 below average. 0....