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July 16, 2024
Chips. And, Microsoft Online Game Services hitby by an outage. Dropping amid a tuesday. N big tech the ecommerce giant amazon facing an antitrust complaint from the eu abigail, walk us through the factors dragging stocks down today. Abigail another mix today. Another down day for tech and the nasdaq 100 in particular having the worst two days and months. On the others, other sex is and indexes doing well such as the russell 2000 and other cyclically minded sectors. 4 . Worst slide, down about in...
July 16, 2024
Tech and bond trades play out. Lets dig a little deeper into the virus story in the u. S. U. S. Infectious disease official Anthony Fauci says it wont be a pandemic a lot longer because of vaccine progress. Joining us now with more is bloomberg Senior Editor drew armstrong. We all want to have the monday where we were very happy about the Pfizer Biontech results. What if the state of play in the u. S. . Drew the state of play in the u. S. Is brutal. We are sitting case records because of uncontr...
July 16, 2024
A glitchy start. Microsofts Online Game Service is hit by an outage on the same day it introduces its newest xbox gaming console. We talked to the head of xbox this hour. U. S. Stocks dropping amid a selloff in big tech tuesday. Amazon among those caught up in it, falling as the ecommerce giant facing an antitrust complaint from the eu. I want to get to Abigail Doolittle in new york. Walk us through the factors dragging stocks down today. Abigail another mixed today. Another down day for tech an...
July 16, 2024
Salesforce also up higher. A lot of those secondtier tech names also did well. 10, 15 or more. They are looking for what they think will be the next leg up in this market. Taylor we do a lot of analysis here that abd traditional models dont work anymore. But over the weekend, i was reading about the fed model, ifating around an idea that you use the fed model, equities could march higher than where they are right now. That is a note in the midst of some of the optimism, that catches my attention...
July 16, 2024
And inflation hopes are fading fast. Then President Trump steps up his attack on his potential election rival joe biden, calling on china to launch an investigation. Later, apple made a pricey gamble on the iphone 11 camera as more people get their hands on the device, we will ask if the gamble has paid off, but first, lets get you a quick check of how markets are trading at the moment. We are seeing u. S. Futures currently unchanged at the moment. It is still early in the session, but this, of ...
July 16, 2024
Its Australian Business to asahi to 10 billion euros. And Oil Prices Climb after the u. S. Navy takes down an iranian drone in the strait of hormuz ratcheting up tensions between washington and tehran. Good morning, everybody. One of the names were very much focused on, a big mover is publicics in france, down 7. 5 the french Advertising Group has actually announced that it will be we will be getting more information on that. You can see that the stock is down about 7. 5 . Down about 15 over the...
July 3, 2024
And after yesterdays selloff where we saw bond market selloff and the yields higher and the pressure on the tech stocks, we have a reverse. Some of the big tech heavyweight on doing a lefty doing the lifting on the day. The adp number showing that there is softening in the labor market and maybe the Federal Reserve and maybe the Federal Reserve isnt going to have to go so hard so fast. We are seeing big going flat on the day as the dollar comes down from what has been a rapid run up. Lets look a...
June 28, 2024
Oceans has opened on an ominous note. Secretarygeneral Antonio Guterress the planets oceans are under threat as never before. He said plastic garbage in the waters could outweigh fish by 2050 if nothing is done. Environmentalists and representatives from 200 countries are attending that fiveday conference. Global news 24 hours a day powered by more than 2700 and analysts in over 120 countries. Im mark crumpton, this is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia...
June 28, 2024
Good morning, welcome to squawk alley. Were at post 9 of the New York Stock Exchange joining us this morning, re ric executive editor kara swisher joins us a lot to talk about including Apple Earnings after the close tim cook tempering expectations especially when it comes to iphone sales as more Customers Put off buying new devices in anticipation of the tenth anniversary iphone which may arrive as late as apples december quarter kara, a lot has been written about this particular cycle. Both th...
June 26, 2024
9. Terry is here joining us. We tackle samsung first this hour. Warning about thirdquarter profits, slashing them by a third as the production eats into their bottom line. Apple, meanwhile, is up 20 over the last month and up several days in a row. Cole windergart hasnote on apple called evidence on iphone strength. Good to have you back. Hi, how are you . How much strength are you assigning to samsungs difficulties . We already thought the iphone 7 would do quite well. In addition to this, the ...