Page 23 - Tech Bubble News Today

I am Katie Greifeld in new york. Welcome to Bloomberg Markets. It is a down day in markets right now. Take a look at the s p 500, down about. 4 . Even more so if you take a look at big tech. April was the worst month of 2024 and 30 minutes into the trading session, it does not look too high. I put bitcoin up just for fun because digital gold is not doing so hot right now. We are below 60,000 but we do want to get to some breaking data crossing the terminal right now. Mike mckee has all the detai...

Yesterdays gains related to treasury yields tapering off. Coming back down after really watching them march higher. Above 4. 6 . 4. 54 is the yield for the tenyear treasury. We have seen calming down at this point of yields. We will see where that continues. Late last night in washington, lets talk what happened. Republicans passed three of four spending bills in the house and a push to avoid the Government Shutdown. Lets go to Emily Wilkins in d. C. With more on it. Good morning. Reporter good ...

Shery you are watching daybreak asia live from new york, sydney, and hong kong. Annabelle we are counting down to asias major market opens. Haidi risk off mood in asia. Treasury yields higher along with the dollar. U. S. Crude prices hitting a fresh one year high with shrinking stockpiles in the larger storage hub spilling demand for physical barrels. In battled Country Gardens takes a step towards restructuring its debt after narrowly avoiding default. Shery how u. S. Futures are trading early ...

Target is looking to shut stores. Costco said its not a major problem. President biden urges uaw workers to stick with the strike while elon musk says the demands are a sure way to bankrupt the big three. We will get to costco in a minute. Lets start with the markets looking to rebound from yesterdays selloff. Jim, you have said this morning be careful, dont bite too soon. Thank you. Because you come in, now i have to tell you that when i was watching Frank Holland this morning, looked like we w...

Secretary yellen later this morning. Auto strikes, day four with both sides digging in. The uaw rejecting the latest wage hike proposals while both ford and gm announce temporary layoffs due to the ongoing walkout. Plus apple reportedly seeing strong iphone 15 demand in china, and tim cook says the vision pro remains on track. Lets begin with the markets as we do kick off a new week. Jim, we didnt get to check in with you on friday. Any degradation, do you think, in this idea of a soft landing ....

Down 70 points. The nasdaq was the standout yesterday adding 1. 6 to close at the alltime high. Apple was up 4 on reports that it could be overhauling the mac line. We have more coming up in a bit. To the treasury market, lets look at what is happening with yields. This is a wild week for yields. The tenyear yield is lower. Still well above 4. 5 . 4. 53 right now. The twoyear note at 4. 92 . Lets also look at crude oil prices. The prices are moving higher on rising tensions in the middle east. I...

Ready for the listing later this week. First horizon ceo, brian jordan, with the pulse check on regional banks post prices and the state of lending as rates continue to rise. Off the opening highs, pretty good breath and among the dow, 30 components. We brace ourselves for a busy week with earnings from giants like adobe, microdata cpi incorporate events and southside conferences. The European Central bank meeting and we have an armed ipo and whats interesting, and we heard from our friend about...

Saying World Leaders are treating america would longlost respect. With longlost respect. They are going to be unveiling their first piece of hardware. An aipowered device. More details into their push into driverless vehicles. Good evening. Blowout numbers. A quick chance to put this in context. How theshowing companys topline Growth Continues to be its rivals. 10 zen is in red. Google in blue. Yellow is facebook. White is alibaba. Growing gradually this topline growth the highest. Apple but wen...

Evasion. Big numbers and equally big questions. Critics say the recordbreaking da vinci is too good to be true. Yvonne just when we thought we got over this big hurdle on tax reform in the house, clouds looming in the Trump Administration when it comes to russia. A wall street journal report just breaking special counsel Robert Muellers team last month had issued a subpoena to president Trumps Campaign requesting some of these russia related documents. We are seeing some moves in the market on t...

The last quarter, we will discuss the secret to the companies continued success in asia, and u. S. Ambitions fortencent. Wilbur has set the stage for one of the biggest writing services softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 billion in shares 9 million in shares. I caught up with cory johnson and eric newcomer. Basically everything except the price, which is key. Who the sellers are, we dont know that for sure and therefore we dont know ...