P Information Technology News Today

Contracting by 5 this year and within the s p headlines like those punishing reopening trades, punishing pretty much everything as you can see behind me particularly the likes of norwegian cruises, winn resorts, banks, airlines sliding significantly. Some of those names down as much as 10 sara. Weve got a huge lineup of guests to help make sense of this selloff today for you air yell investments john rogers saw a onceinalifetime buying opportunity. His take and where we stand now. Plus well disc...

Market meltdown. Hang on, everyone, this is the final hour of trade. Good afternoon. Lets have a look at whats driving the action the lack of a Production Cut deal from opec coupled with a saudi price cut sending prices tumbling down 17 on the day alone. Coronavirus fears remain front and center as global cases top 111,000 and italy locks down a quarter of its population. And the bull market chaos rages on as yields on the tenyear at a low of 0. 31 and remain at the moment below 0. 5 . Joining u...

To daybreak europe. Lets get to the top stories. Chinese shares gain after industrial profits surge for the first time in over a year. Chinas property crisis rolls on. The founder of evergrande is put under Police Control. Amazon taken a hit setting president for tech relation and the entire country. The ftc accusing the ecommerce giant of monopolizing online Marketplace Services in a landmark antitrust case. Right here is europe, the ecb hawk telling bloomberg it is unclear whether European Cen...

The first person tried on charges of rigging the libor interest rate. Former ubss a trader. The panel deliberated a week and concluded he schemed with other traders to fix the libor, the london interbank offered rate. We will have more on this story coming up later in the hour. And for the first time in five ks, the greeks talk market the Greek Stock Market is open for business and prices quickly collapsed. Banks fellwo major 30 , that is the maximum allowed daily loss. June. Trading halted late...

It hit its highest level since the election here in the u. S. It is calm. The dollaryen pretty much goes nowhere. The vix is down by over 1 . Gold, which you would think is a real safe haven bid, is going nowhere. Jonathan and just a moment, the Prime Minister of the u. K. Will be heading over to Buckingham Palace to meet with Queen Elizabeth ii. This is largely seen as a formality. Its historical theater. She does need to form a government. She will have to reach out and she has done that with ...

Flanneryw ceo jeff as the new ceo. I love the job, the company. Andink today is confusing, on the other hand so interesting. Iran gen 2008. I ran ge in 2008. It was bad every day. David joining us now is a bloomberg as dus analyst for intelligence. Why now . Jeff immelt had been getting pressure from all sides. Theystepped it up when initially bought into the stock. Would be passive investors, and when the numbers did not come through, they stepped up the heat. That was part of it, but it had be...

Chemical weapons in syria. Thewife of the gunman in orlando nightclub shooting has pled not guilty. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more in over 120 countries. Bloomberg technology is next. Caroline im caroline hyde. This is Bloomberg Technology. Ising up, earnings season just around the corner as volatility is picking back up in the market. At what to expect as tech giants begin to report results. The next frontier for hackers could be outer spa...

Chemical weapons in syria. Thewife of the gunman in orlando nightclub shooting has pled not guilty. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more in over 120 countries. Bloomberg technology is next. Caroline im caroline hyde. This is Bloomberg Technology. Ising up, earnings season just around the corner as volatility is picking back up in the market. At what to expect as tech giants begin to report results. The next frontier for hackers could be outer spa...

Today. It seems a guy quietly, but here we are at these record levels. The dow and the s p are there. The nasdaq is the outperform her, but it is not at a record. It does not take much for the dollar and the s p to get to record status. Today, tack is driving the indices. You can see that the nasdaq outperformance today, and also by the fact the S P Information Technology index is at its highest in about 15, 16 years. Microsoft is helping lead the gains thereafter earnings Beat Estimates on the ...