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July 16, 2024
Social media reports to track spreading disease. Money toward a self driving startup. The race to bring self driving cars to the masses. Spotty recoveries but still a down day in the u. S. What are you looking at before the markets open up over there . Paul the virus inspired selloff does seem to be abating. New zealand is up, a reasonable balance after days of sustained selling. Futures in australia pointed toward another down day in the open. Keep rio tinto at the open. The worlds secondlarges...
July 16, 2024
And our extended conversation , with the ceo of qualcomm. Why he thinks 5g will change the way we do business forever. It is starting to feel like the Holiday Season. Americans got out their wallets over the holiday weekend, spending more than 70 billion on shopping over that fourday period. Amazon is gearing up for the heavy spending month by heading back to basics, testing cheap warehouses. That will let merchants to store resources near amazon delivery locations. It will let merchants avoid s...
July 16, 2024
Of it. Shanghai comp, for tens of 1 lower. A relatively good week for the asx. Other Asset Classes making themselves felt. Taking a look at what is going on with that. The 10 year japanese yield continues to trade below the zero level, which is the preferred boj level. We have a bond Program Announced att 5 00 p. M. Announced 5 00 p. M. Tokyo time. Reflective of it being near six month lows. Gold is pretty much stable. Nymex crude oil is up again. Bute down in the session, over the last 24 hours...
July 16, 2024
Are feeling the pressure. Our extended conversation with the ceo of qualcomm. Why he thinks 5g will change the we forever. Americans got out their wallets over the holiday weekend, spending more than 70 billion on shopping over that fourday period. Basics, testing cheap warehouses which will storemerchants to resources near amazon delivery locations. It will let merchants avoid storing their goods in amazons warehouse base where they pay premium prices. We are joined by spencer. What do we know ...
July 16, 2024
And President Trump reits troops in afghanistan and says the taliban is talking about is talking again. Breaking data from south korea breaking data from south korea, industrial reduction from october not good, down 1. 7 percent and seasonally adjusted month on month numbers. The estimate was for a fall of just 3 10 of 1 , certainly a negative territory fall after the 2 hit in september. The numbers were in line in what economists were expecting of a fall of 2. 5 . Looking dire when it comes to ...
July 16, 2024
The Investment Committee is ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this friday our Investment Committee here today joe terranova, john levanthal, josh brown, and marc lasry is here. Lets fwin with the markets. Stocks extending gains, more trade optimism marc, good to see you again. Thanks for being here. Ill turn to you first were looking at the major averages dow is about 70 points from 28,000 what do you make of the markets in the here and now ....
July 16, 2024
Week price premier will lead negotiations for china is telling dignitaries his offer to the u. S. Will not include commitments on reforming chinas industrial policy. These are some of the big demands the Trump Administration has been making in the trade talks. Update now on the crisis in hong kong. The city is struggling to recover after a night of violent clashes. Protesters defied government threats with Wearing Masks and were met with tear gas they were threatened with a year in prison for hi...
July 16, 2024
But the bank is hoping to close the deal by year end. U. S. Sends additional troops to the gulf. Iran threats are absurd. Its not the first time he said something ridiculous and laughable. The United States is our allies. The attack was against the whole world, not just saudi arabia good morning welcome to the program. We are closely watching the survey data this morning pmi after a weak read in on Germany Economy and france the numbers crossing for the eurozone, 50. 4 that is 50. 4 the flash pm...
July 16, 2024
Lower on concerns about the health of the u. S. Economy and a number of new bearish notes from new wall street firms hurts the sentiment further. Lets check in on the biggest losers in the dow, which as morgan just said, is down sharply, near session lows, which were 462 points. Its currently down 410 points, as you can see, pfizer down 4 Goldman Sachs down 2. 7 cat down healthily 2. 56. The 30year just hit a yeartodate low of 2. 117 t the. Joining us for the full hour, victoria fernandez at cro...
July 16, 2024
Good morning, everyone. Just gone 6 00 a. M. , lots of earnings coming through from the european banks. Let me recap ubs to start with. The key number is Second Quarter net at 1. 4 billion. The estimate was my hundred 57 million. Was 957 million. In terms of the Second Quarter profit pretax is up 3 year on year. Ubs Global Wealth management posting to billion dollars of outflows in the Second Quarter. Global Wealth Management nets new money, but overall the Second Quarter net beating. Sergio erm...