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June 25, 2024
Self driving cars, driver using autopilot in a tesla model s. Not only big for travel but the big friendly giant among movies hitting theaters, a preview of the weekends top movies. So much for the selloff in the weeks of the british vote to leave the European Union. The tao and the s p 500 have recovered nearly all the losses from that vote. Look at the action this morning, futures in the us point to a slightly lower open off one 4 , futures down 39 points. In europe we are watching markets tra...
June 25, 2024
And also at one market in san francisco, mike isaac. Good morning to all of you. We start of course with that apple story. U. S treasury secretary jack lew with some stuff tough talk about the 14. 5 billion dollar ruling that came yesterday. The decision creates an environment of uncertainty. Our concern with European Commission action is that it is using a state aid theory to make tax law and it is doing it in a way thats retroactive and overrides National Tax Law authority in our view and we t...
June 25, 2024
Three quarters of 1 . The stock market closed in china. Lauren Oil Prices Climbing 50 a barrel. Down three quarters to 1 . 48. 46 a barrel. Nicole Hurricane Matthews slams into haiti. Janice dean will track with a monster storm is heading next. Lauren google set to unleash intelligence in a connected home devices. Nicole the new york giants were no match for minnesota vikings. All the highlights from monday night football and much more. Lauren it is tuesday, october 4th. Welcome to fbn am come y...
June 23, 2024
That he is not getting answers about the controversy. Youtube adds marketing features. First though, to our lead. Ibms thirdquarter results, the company saying it turned a 3 billion profit, but revenue was down 14 . This is the 14th straight quarter of yearly decline. Big blue missing wall street estimates on the sales side as it struggles to turn the business around. To refocus on cloud, security, analytics. Ibm reduced its fullyear earnings per share guidance. Tom giles joins me. It does not l...
June 23, 2024
Thirdquarter results, the company saying it turned a 3 billion profit, but revenue was down 14 . Big blue missing wall street estimates on the sales side as it struggles to turn the business around. Ibm reduced its fullyear earnings per share guidance. Look good. Do you see something i dont . Tom there are signs of hope, evidence the transformation is happening. It is just not happening quickly enough. Emily she wants to focus on cloud, analytics, and security. Tom when you are the management of...
June 23, 2024
Features in the battle for eyeballs and online gamers. First though, to our lead. Ibms thirdquarter results, the company saying it turned a 3 billion profit, but revenue was down 14 . This is the 14th straight quarter of yearly decline. Big blue missing wall street estimates on the sales side as it struggles to turn the business around. To refocus on cloud, security, analytics. Ibm reduced its fullyear earnings per share guidance. Joining me now here in the studio is tom giles. It does not look ...
June 23, 2024
Early december. Peace at last. Microsoft and google put an end to all litigation between the two companies settling no less than 18 cases. Right. Thanks for joining us. Lets get straight to the Market Action and as you can see another very positive day for european equities. We started the month today in positive fashion as we ended the final day of last month but of course last month and last quarter as a whole very much negative. The dax was off about 6 for the month. And off nearly 12 for the...
June 23, 2024
A year earlier. Chinas Producer Price index dropped more than 6 . 43rd straight month of declines. Delaying its plan amid market volatility and four of the five companies that have gone public priced offerings below their expected range. Two ipos to watch today. First data and super market chain are both scheduled to price this afternoon but of course already starting to see cracks in the ipo market. Well see where those two go. Shares of sandisk jumping this morning. The flash Memory Company hi...
June 23, 2024
This is switzerlands number one insurer. Interim ceo guy he has been struggling to turn this around. The reality maybe coming home to roost. Anna they have been trying to equity, and other targets which were apparently thwarted. Guy lets get you the bloomberg first word. Manufacturing pmi has dropped to the lowest level in three years. In atficial reading came 49. 6 in november. Six Central Bank Interest rate cuts in your have not been enough to slow refectory manufacturing. In a historic move, ...
June 23, 2024
Territory this morning. U. K. And ireland coming back to open for trading after boxing day holiday and you can see what thats doing for the markets here. We are up about 9 points in the futures market for the s p. 83 for the dow and 74 for the nasdaq. Europe which i just mentioned, u. K. And ireland back online today. We are seeing the biggest gains though out of germany which is up 1. 5 . France is up 1. 3 . Italy is also up 1. 3 and the ftse in the u. K. Is up fractionally. Asia which had been...