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July 16, 2024
Is it a u . Maybe its an l. Or perhaps its a z. Or maybe its a w. Or a nike swish. We keep hearing people argue about the shape of the recovery. But this whole debate misses the point. The defining question of this market is very simple. Will we have a depression . Anything that makes a depression less likely causes stocks to explode higher thats what yesterdays rally was about. Even though we gave up some of the gains today, im calling it a consolidation day no matter what dow sinking, nasdaq d...
July 16, 2024
Teams and teams and delivery of cars for 2020 and so forth. Were starting to get a clearer picture on whats happening in technology as well. This is a big earnings week in general but we got the alphabet earnings last night. And one of the stark things was the difference between direct response advertising and general brand advertising. We heard direct response is doing better we heard it from snap. Heres the general idea from alphabet, gives you a read through whats going to happen with faceboo...
July 16, 2024
Videoconferencing service that has taken the world by storm. That is zoom. This is a service that has been a lifeline keeping families and businesses together, but he has also been dogged by security issues, privacy issues, zoombombing. Ceo aboutth the zoom what he is doing to combat all of this. Lets take a listen to that conversation. Beautiful. Time, they do not have an i. T. Team. We give them a very strict security. Password. Emily i want to give you a sense that i want to get a sense of wh...
July 16, 2024
A move like we saw yesterday doesnt typically begin the recovery from a dow turn the likes of which weve had, does it no this is one of the greatest oneday bull markets ive seen. You had to come in at the darkest hour, if you didnt, youre coming in on total quicksand. We had a move that was so accentuated by the machines, algorithmic. They exacerbate which ever direction it is. I hate it as much when it goes up as when it goes down, it brings in a lot of people who think maybe its all clear its ...
July 16, 2024
Facing. Really reminiscent of that merce outbreak in 2015. We saw that 10 billion extra stimulus package back then. Because of this, we are seeing the markets under pressure, but one exchange that im watching is small caps in china. Actually at the highest level since october 2016. We have seen those pboc Monetary Policy measures. Not to mention more news that china could be taking over a hardhit industry. Lets get a broader check of the markets with Sarah Ponczek. Pretty much Everything Else is...
July 16, 2024
This is not a drill. Gwyneth paltrow will join us after announcing her new show with netflix power lunch starts right now and welcome to power lunch. Lets take a look at the markets now. The dow well off the lows of the day. Still just barely in negative territory but earlier, down more than 200 points. The s p and nasdaq have now turned positive and check out shares of alphabet up 2 jumping to a high after Pivotal Research calls the tech giant a buy. Lets get started with bob pisani at the New ...
July 16, 2024
Here in u. K. , there was a general election. We are in a blackout period until the polls close at 10 00 p. M. Pound at 1. 3020. 2 . Toxx europe 600 gained day two of trading. It is above 2 trillion in terms of valuation. Plus oil supply cuts will not prevent a surplus in 2020. That is according to the ia. We speak to the president of the Swiss National bank. That interview, 10 30 a. M. U. K. Time. Lets get to bloomberg first word news. Today, the u. K. Goes to the polls. It is the nations first...
July 16, 2024
Digital affairs. Fcc for greater access, the latest attempt to fight sanctions, but does that have legs . Our top story. Back to amazon. Bloomberg has learned investigators are looking into its massive Cloud Computing business. Sources say the agency has been asking Software Companies about practices around aws. The unit is one of the backbones of the internet and has a Cloud Computing market share of 50 . Rival microsoft is 16 . Anning us to discuss is analyst from rbc capital markets, and in w...
July 16, 2024
Digital tax when we talk to the countrys minister of digital affairs. Tech giant huawei sues the fcc for greater access, the latest attempt to fight sanctions, but does the case have legs . Our top story. Crackdownovernments on big tech and back to amazon. Bloomberg has learned investigators are looking into its massive Cloud Computing business. Sources say the agency has been asking Software Companies about practices around Amazon Web Services. The unit is one of the backbones of the internet a...
July 16, 2024
Manus it is all about the oil markets down here. We have had cracking conversations. They reckon it will be tough for the market to get above 64 a barrel. It is great to be back with you. On that trade discussion we are taking a look at the optimism around trade, catching a bid for safe havens as well as the reemergence of geopolitical risk with tensions rising in hong kong and the shooting of a protester. Manus we will get into the be hardoves, going to to get above 64. You have got the daily p...