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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promo...
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BLOOMBERG Bloomberg Markets Asia July 14, 2024

Not thethe process trigger. It says the protests are not the trigger. Tom more mixed messages on trade china says on trade. Trump says he wants to hold a phone call with president xi jinping soon. Signs of some positivity, at least when it comes to the earnings. Alibaba beating the street. David something to take advantage of. The data has been bad. Singapore and we have hong kong, worstcase scenario growth is at zero. Why yields are where they are and why the boj might need to step in. Yvonne a...
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BLOOMBERG Bloomberg Daybreak Europe July 14, 2024

Most since 2008 after accusations of fraud. Matt good friday morning. A historic week in markets. One in which bank of america says we have seen traders rage for safe havens like we have never seen before. Part of the reason why we have seen yields plummet to alltime lows. Nejra what a week it has been. Whipsaw in yesterdays session. We are stabilizing a little bit. Haveabove 1. 5 but we dropped more than 20 basis points on the 10 year yield this week. The curve in birding for the First Time Sin...
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BLOOMBERG Bloomberg Technology July 14, 2024

If need be, but get ready for things to get messy if he tries to. First, our top story, u. S. Another deepng selloff, surging as massive signs of an economic global slowdown stoke fears of a recession. And be tech driving the losses. Amazon and microsoft deep into the red. President trump rekindled the trade war with china at the start of august. The s p 500 down 1 intraday for 11 straight sessions and is now down six are sent from the july record. 6 from the july record. We are joined by an exp...
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BLOOMBERG Bloomberg BusinessWeek July 14, 2024

Our global cover story, hiding from silicon valley. Here is joel weber on tech lash. What it is and why he put it on the cover. Joel there in the zeitgeist right now, tech lash, one of the words of the week. There is this overarching theme of people outraged at tech and the privacy issues. When we thought about that, this image resonated more than any other with us. It was this image that a company, joel steins story, he experimented with how to take back privacy in his own life and disable tech...
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FBC Varney Company July 14, 2024

We will ask. Bear in mind its a volatile market. Who knows how we will close today. Now, heres the really big reversal. Yesterday, that key interest rate, the tenyear yield, had dropped to 1. 59 . It was a massive move. Now its 1. 73 . A massive move in the opposite direction. Heres the question. If that bond was a safe haven yesterday, why is it not today . We will ask. Breaking overnight. I. C. E. Raided Food Processing plants in mississippi, apprehending 680 people believed to be illegals. Th...
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FBC Bulls Bears July 14, 2024

Joining me on the panel today, gary b. Smith, christina partsinevelos, john layfield, and mr. Steve forbes. Sparking the sell off today, the two and tenyear treasury yield, their curve inverting for the first time today since 2007. I know its a lot of gobbley goock but this move has been a flashing red light ahead of almost all the last recessions for the past 50 years. Heres former Federal Reserve chair janet yellen in a fox business exclusive. Listen. Are we going into a recession so i think t...
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FBC Lou Dobbs Tonight July 14, 2024

Today . Well take it up. Much of the leftist media and Business Press were a agog overs inversion of the yield curb. Today, they seems declaring a recession in immediate offing despite more than 70s of country Biggest Companies quarterly earnings, higher than wall street has been expecting. And revenue of the companies in s p up almost 5 over a year ago. So what is the problem . The market sole off, and sole sold off, and sold off big, with us, jackie deangeles, what a day. It was, the worst ste...
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FBC Lou Dobbs Tonight July 14, 2024

Petition demanding Technology Giant not bid on contracts with customs and border protection, immigration and customs enforcement. And office of refugees resettlement. We turn to jackie deangeles. This is an interesting story, google employees signing this petition, asking search giant to not bid on the contracts, specifically Cloud Service contract with u. S. Customs, Border Patrol and i. C. E. Ethere are more than 500 employee at that company to signed this particular petition, saying it perpet...
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BLOOMBERG Bloomberg Markets European Close July 14, 2024

On china stabilizing the yuan. We are being influenced by europe and germany headlines. The s p 500 right now 2915. The nasdaq is up 1. 5 . The 10 year yield is well higher than it was yesterday. A little bit of selling in the treasury market today. A couple of individual stories to look at, kraft heinz a sadly said, we need a plan. The street said yes, you do, and in the meantime we are going to sell your stock. Down 40 . Symantec up on a proposed deal with broadcom. Guy lets talk about what is...
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