Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays losses on the deal around amd. Durable goods orders coming in better than expected. Lets see how things are shaping up for the asian markets. Here is Sophie Kamaruddin in hong kong. Sophie we are seeing losses continue here in asia. Chip stocks very much a focus after amds deal to buy. Earnings. We have results from sony, zte, as well as budweiser asia to name a few. And a straley or, we have had
Dorsey, and alphabets sundar pichai, are set to testify virtually tomorrow. Section 230hange could have longterm ramifications on free speech on the internet. Banned news political ads. We will ask Cambridge Analytica whistleblower as part of our special electioneering series. First, lets get a read on stocks and microsoft results. Abigail doolittle with us from new york. Big beats out of the gate. Abigail in the after hours, they are trading higher. Although i think what we are about to look at could be all over the map at the moment. They are talking about the idea that further lockdowns could hurt demands. Their Cloud Business was weak. Microsoft Cloud Business very strong. That was a piece of the beat. Maybe part of the business that could have gone to microsoft. Again, after hours, this stock is trading higher on the year. Valuation is rich, but the theter is good enough that stock is doing just fine. The s p 500 index and the dow down once again. The nasdaq climbed sharply higher
Preps for more restrictions. Plus microsoft beats estimates on booming cloud demand. Another big earnings day in europe. Numbers fall from Deutsche Bank in just a moment. We speak to the cfo. Saving at Deutsche Bank, swinging around. 182 Million Euros of profit. Fic up 47 . Fic out wall street banks up 25 . Deutsche bank, good volatility for them. Even though you have repressed volatility in the market, beating the United States wall street average of 25 percent, swinging to a profit, confirming fullyear credit losses provision. Let me just to give you some of those details. They are confirming that for the overall year. The cost goal is going to be 17 billion euros. That is what they are telling us. Of 19. 5 target goal billion, the net income, the numbers come so hard and so fast. Let me refresh my screen. They arethe reaffirming. I need to get this number. They are reaffirming positions for credit losses. That is coming through. 2. 6 2 billion, that is interesting. The estimate was
The Republican National convention, politico talked with mark meadows, discussing the confluence of the Trump Administration and the campaign as well as negotiations to that covid economic responsible. Lets get started. Lets give a warm welcome to white house chief of staff, mark meadows. Think you for joining us. Thank you for joining us. It is great to be with you this morning. It is 69 days until election day. Ing isesidents poll lagging in every swing state that we see. Give us a sense, if the president wins on november 3, it will be because he did what over the next 69 days . I think it is not just what he does over the next 69 days. Let me just be clear. I am going to talk in my personal capacity as we talk about some of these things so that we dont get everybody tweeting at me that i am hatch act. He from a political standpoint, if i put on my political hat, here is what i see. Its not just what he does the next 69 days, but building on the years prior to that, but taking the ne
Announcer tonight on late night with seth meyers. Russell crowe. From a. P. Bio, actor and comedian, Patton Oswalt. Music from the lemon twigs featuring the 8g band with thomas land. And now seth meyers. Seth welcome to late night. Hows everybody doing . The sea captain just found out im leaving after this week and now he is not speaking to me or as my family keeps trying to tell me, hes never been speaking to me well, last night was the first night of the Democratic National Convention Republican edition seriously, what was going on last night you couldnt gather that many republicans if you were giving away golf pants at the marina. During her speech at last nights Democratic National convention, former First Lady Michelle Obama said, quote, let me be as honest and clear as i possibly can. Which was then followed by extensive bleeping donald trump is the [ bleep ][ bleep ] for [ bleep ][ bleep ] seth during her speech at last nights Democratic National convention, former First Lady Mi