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July 16, 2024
I was a hostage. He is very keen to clear his name. Party on, elon. Tesla celebrates a milestone of its push into china. Huawei braces for another challenging year under u. S. Sanctions. We hope restrictions do not get worse, but if they do we have a plan b. Sebastian Alan Greenspan says the only way to curb deficits is to pull back benefits. We are trying to spend more than we have. Sebastian thats all straight ahead on bloomberg best. Sebastian hello and welcome. Im Sebastian Salek and this is...
July 16, 2024
I hope that you send him a dozen roses today because he will not be there to receive them. And you have the armani story. Everyone on global wall street must be focused this weekend on the soap opera going on. Banking is think left, right, and center. And i have a chart looking at the swiss franc. What it means for the further negative. But first, lets get straight to the bloomberg first word news with viviana hurtado. Begin with the coronavirus outbreak. It is getting tougher to gauge the true ...
July 16, 2024
Earths atmosphere. We will get details from microsoft president and chief legal august legal officer. We will look at what an internet pioneer sees in the decade to come. Now, after three years in the making, the u. S. And china signed phase one of the trade deal on wednesday. President trump and chinese vice premier put pen to paper for a deal that the president claims will have a Significant Impact on the tech world. Pres. Trump china has made enforceable commitments regarding the protection o...
July 16, 2024
These annual letters are going to be Agenda Setting for wall street. Earnings season kicks off with the biggest banks in the spotlight. Numbers we saw this morning in fixed income are staggering. Top executives from health care and Drug Companies spot key issues facing their industry. Biosimilars are an important part of the health care system. Technology is an enabler of innovation, accelerator of innovation. We are trying to bring down outofpocket costs for consumers. Even as equities climb to...
July 16, 2024
Our top story, jp morgan setting records. Tuesday, reporting the best year for any bank in u. S. History. Shares jumped in the fourth quarter, ruled by a rebound in trading. Joining us to discuss, bloombergs sonali bostic. It seems like humans at least stand another chance against the robots that had been threatening so much of the trading business. Sonali even though there are humans involved, remember that jp morgan among other banks are working very hard to make these businesses much more ele...
July 16, 2024
Successful launch, the apple card issued by Goldman Sachs hit some snags in 2019. First, our top story. Tech continues to be the outperformer in 2019 with the nasdaq on track for its best year since 2013. The tech index is up 35 , just 3 shy of 2013s banner year. It is largely due to apple and the chipmakers. Joining us is abigail doolittle. I am showing on my terminal a chart about divergence, winners and losers. What is your take away from the divergence . Abigail the clear winners, apple and ...
July 16, 2024
Two people were arrested in fremont, where the shooting happened. Our reporter joins us from the San Mateo Police department with the lucky breaks that helped police. Tonight there are suspects in custody here, a man and a woman , San Mateo Police were here an through all of it. It was very dramatic they are tracking down the suspects, they tracked him down within a matter of hours. It was very loud. Yes. San mateo Police Arrived to find shell casings. They flagged down police a quarter block aw...
July 16, 2024
From wall street. Turning season kicks off with the biggest banks in the spotlight. Numbers we saw this morning in fixed income are staggering. Top executives from health spot keyDrug Companies issues facing their industry. Clicking bio similars are an important part. Technology is an enabler of innovation, accelerator of innovation. We are trying to bring down outofpocket costs for consumers. Even at us equities climbed to alltime highs, howard marks thinks it is not a great moment to be in the...
July 16, 2024
And retail and return. The making of making the return of a merchandise a more customerfriendly experience. Thats the return of friendly. Ell talk to the creo. Four potential competitors are demanding that Mark Zuckerberg be forced to give up control of facebook. In a lawsuit they accused facebook of anticompetitive behavior. They want the social network to sell its whats app and facebook asset. Facebook says the claims are without merit. We are joined by the colead council in the case. Great to...
July 16, 2024
They want to go to france, they want to go to germany, they want to go to these countries where they came from. That is their home. The u. S. Is not their home. It is not fair we are holding these people and that other countries are not taking them because we are bearing the cost. I think nato should be expanded and we should include the middle east, absolutely. We paper a big percent of nato. We pay for a big percent of nato. If you speak to the secretarygeneral, who is doing a terrific job, he...