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July 16, 2024
Gene munster is gearing up for both of the calls. We kick things off with apple which is now negative after a brief pop after the release and josh lipton spoke with tim cook. Josh, whats the latest . Melissa, one question i had for tim cook is what hes seeing in china obviously, so important for apple as a key link in that cups supply chain and also as an important end market. I asked him what his iphone demand looked like in china and whether you can extrapolate for that and china is the leadin...
July 16, 2024
Cutting back production of the 737 max. Could announce a decision as soon as today. The board began a regularlyscheduled meeting yesterday that is set to continue today just last week the head of the faa told us right here on squawk box that the 737 max wouldnt be cleared to fly before the end of the year u. S. Regulars then warned boeing that it had been setting Unrealistic Expectations for the jet to return to service further Production Cuts would inflate boeings costs and take a toll on Finan...
July 16, 2024
Goldman sachs talking up a Strong Economy for 2020. Jpmorgan talking up another market rally next year. And our longterm guest is again talking about a market melt up. Look what we have right now. We will open the dow slightly lower, maybe 40 points down, but the s p is going to go up a fraction and the nasdaq is going to go up about a quarter of 1 percent. Now this, the down side of Americas Energy independence. We are producing so much oil and gas that chevron has had to write down its shale a...
July 16, 2024
Good Tuesday Morning welcome to squawk alley im Carl Quintanilla with morgan brennan. The market is down about 100 points starting with the apple special event set to kick off from the steve jobs theater in cupertino in just under two hours. Josh lipton is there live and joins us with what analysts and investors and reviewers are expecting. Hey, josh. Reporter so, carl, apples biggest day of the year just about to kick off here right behind me at the steve jobs theater. As you mentioned, analyst...
July 16, 2024
Currency with benign neglect in order to function as the reserve currency properly. And this is something we really have to take seriously in this particular environment trump can say whatever he wants politically. Mnuchin can say whatever he wants politically, but getting into intervention has always been a failed tool its never worked. And the concept that the Federal Reserve would cause it not to work by sterilizing is probably incorrect. Its not going to work in and of itself because nobody ...
July 16, 2024
Probably going to be the biggest mistake in history. Artificial intelligence is now spreading through our society ai will experts be able to agree on ethical guidelines or will this Technology Create deadly new autonomous weapon systems. Types of robot collapse starts aug 14th on d w. I phone sales continue to slide apple reports sales of its smartphone fell 12 percent in the recent quarter says it Services Revenue is making up for it. Also on the show chinese tech giant huawei points to strong ...
July 16, 2024
That will top expectations. Tim cook says he is thrilled to the return to growth. Shery later in Bloomberg Technology global link, we will break down apples earnings with bloomberg intelligence. First, a quick check of how the markets closed tuesdays session. Another day of losses for u. S. Stocks. A mixed bag of corporate earnings. Procter gamble rising on earnings. This coming at a time as the fed starts its meeting. President trump did not help Market Sentiment when he lashed out at china say...
July 16, 2024
Watching we start the show with a mixed bag of Apple Earnings results the i phone maker saw its profits slide 13 percent to 10000000000. 00 in the last quarter but it appears that the companys attempts to grow its Services Business are bearing Fruit Services revenue grew to a new record of close to 12000000000. 00 the figures beat analyst expectations. And for more on this lets check in now with our financial correspondent in new york jose luis to haro was a nice as always to see you so whats th...
July 16, 2024
A Police Station where dozens of demonstrators were charged with writing on tuesday. Officials in the democratic republic of congo say a 2nd case of ebola has been confirmed in goma. The city of more than 2000000 people is a major transport hub and Health Officials are worried that a major epidemic could spread from there at least 1700 people have died in a yearlong outbreak in the country. A Memorial Service has been held in frankfurt for a young boy who died when a man pushed him in front of a...
July 16, 2024
Telecom giant huawei says there has been a dramatic slowdown in sales growth in the midst of the trade war. In exclusive interview, he hints at even tougher days ahead. Capital one shares drop after a data breach. The company saying data on 100 million customers hacked. All of it stored on Amazon Web Services. A former amazon employee has been charged. But first to our top story, apple shares spiking after hours after reporting thirdquarter results. Revenue topped analyst estimates. Apple saying...