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RT Boom Bust July 14, 2024

Mexico just cut its rays on friday and initial data suggest that brazil just slipped into recession in the 2nd quarter and finally Hong Kong Hong kong where the protests have now gone on for 11 straight weeks disrupting businesses and sending real estate prices plunging as critical Global Financial hub the protests are now wrecking havoc on the local economies as well as having rippling effects across multiple markets option traders are now ramping up bets against the hong kong dollar they got p...
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CNBC Fast Money July 14, 2024

Chicago for what is moving this stock. Phil reporter melissa it is not just that the q2 loss was greater than expected, tesla losing 1. 12 per share. The estimate was for a loss of 1. 40 a share the estimates were all over the map, a wide range there. Revenue coming in at 6. 35 billion, a little shy of expectations it is the automotive Gross Margins that will get a lot of attention here they came in at 18. 9 . Remember, the concern was those margins were going to be squeezed as they were pushing...
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CNBC Squawk On The Street July 14, 2024

Pace for the Third Straight weekly loss, could a friday rally turn it around and great debate, recession or slowdown. Two wall street titans weighing in this morning. And ges ceo wants investors to know he believes in his company as the stock suffers its worst day in over a decade so we do not need to tell you were heading into the final trading day of this volatile market week. The three major indices, each down 2. 4 week to date the s p and the nasdaq still posting double digit gains for the y...
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BLOOMBERG Bloomberg Daybreak Europe July 14, 2024

Propaganda,o speak but to talk about their leadership and how it has harmed iran. Matt from the german capital berlin, good morning. Nejra i want to quickly go through numbers out of renault, the french carmaker. Linyear revenue, the top e, close to last years level. Previously it saw a rise, so Renault Joins the slew of carmakers cutting back on the forecast, the outlook for the year, with slowing auto demand in europe, down 1 , down 7 in china last month. We see a global slowdown of autos, and...
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BLOOMBERG Whatd You Miss July 14, 2024

Than a fewp more percentage points. When you look at the s p 500, we are not close to oversold conditions. We are not elevated but when you look on an aggregate basis, we are below that line where people start to get worried about a potential for things being too overenthusiastic. The major indexes have recovered, the s p gaining 1. 7 . Last week, it had declined. Were back on the slow glide higher. What are you watching . Asked fed next wednesday and i am thinking about bonds, 10 year yields in...
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CNBC Fast Money July 14, 2024

Beyond meat down big lets get more on beyonds quarter. Beyond meat shares taking a dive as you mentioned after the Company Announced a secondary Share Offering shares slip more than 11 after the company made that announcement a secondary offering of 3. 25 million shares which increases its float. That could boost short seller interest in the stock which prior to earnings was a 16 of the float. Keep in mind that number itself was a bit inflated because the company is still in its lockup period th...
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CNBC Squawk Box July 14, 2024

Overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s p 500 and the dow coming off some highs yesterday. Overnight in asia, we had some interesting news out of japan. Theyre changing the way theyre buying maturities across the yield curve. We have the nikkei higher by 0. 4 we have red arrows on the hang seng and shanghai. New china data overnight that showed food prices surging 9 ...
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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

Silicon valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad ...
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BLOOMBERG Bloomberg Markets European Open July 14, 2024

Stronger level than expected hours after the u. S. Tax beijing and fx manipulator. Stocks shaken. Chinas intervention helps asian equities reduce losses and wall street higher after the worst drop in ae date year. And cutting the session in the u. S. Could the 50 point fed cut come in midseptember . Good morning. Matt where less than half an hour away from the start of european trading. We are less than half an hour away from the start of european trading. Coming down to the the lowest election....
United States Hong Kong Czech Republic City Of United Kingdom Matt Miller

CNBC Squawk Box July 14, 2024

S p up by a point. Nasdaq down by about 4 points. Overnight in asia, the nikkei up 0. 2 the hang seng up by a quarter percent. The shanghai up by a half percent. This is all ahead of those talks expected to resume next week between china and the United States when it comes to trade. This morning on the continent, in europe we will see equities for the major averages, the dax is flat. The cac is up by 0. 6 . The ftse is up by a quarter percent. In the treasury market, you can see at this point th...
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