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July 16, 2024
To a weaker dollar and higher yields across the globe. Time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to start with the breaking news in the u. K. The pound is strengthening against the dollar on brexit optimism. Francine lacqua is live at westminster. Give us the lay of the land as we start trading this morning. Francine i have to say, you are absolutely r...
July 16, 2024
Brexit break through . Reports that the European Union and british negotiators are closing in on a draft deal with 16 days until the brexit deadline boosting sentiment. A trio of dow stocks out with the report card. United health, nations Largest Health insure. Neil raised profit outlook for 2019. Were looking at biggest jump in threeyears. Unitedhealth is benefiting from Medicare Advantage memberships. We talk about jpmorgan chase. That is the nations biggest bank. Solid results at both Investm...
July 16, 2024
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We...
July 16, 2024
Not yet opened the last of the cash lanes. This car will have to change lanes because that last cash lane is not yet open. Lets look over here, what has opened up is getting away from the bay bridge, the disabled vehicle off of 580 right near 980, that is cleared now. No problems coming in up from 580, 880 through oakland. A smooth drive on both sides of the bay. There is a little fire off of 680 reported in the police leas area. Well talk about that coming up sxwloop a. And here are the top hea...
July 16, 2024
Big quarter for apple, set to report tonight after the bell. Investors closely watching the companys Current Quarter sales and forwardlooking revenue forecast joining us this morning, brian white as well as krish sangar. Stocks had a great run here. How much is priced in . Theres a lot of optimism going into this report i think really whats happening is the market is saying, look, we believe the services story. Iphone 11 has been good out of the gate theres a lot of things we need to think b aab...
July 16, 2024
A few hours to go. We are lower by 2 10 of a percent. Are among and macys some of the worst performers. Home entertainment is down 2. 2 . Makers are lower today on a report that Software Sales yearoveryear are also down 12 . A warning forf them. Cocacola is a bright spot. 2. 25 . E up we have we taken the 29 level. Stocks and europe are briefly flat. On the u. S. Bouncing brokered ceasefire. Brexit is likely to dominate the agenda over the next 24 to 48 hours areas Boris Johnson is try to drum u...
July 16, 2024
Rhinos criticized his decision and called for an endless continuation of u. S. Involvement in what the president termed long bloodstained region. Sin turkey, syria and all forms of the kurds have been fighting for centuries. We have done them a Great Service and we have done a great job for all of them. And now we are getting out. Let someone else fights over this long bloodstained sand. There were some political pundits who responded to turkeys offensive in syria by calling for yet another Amer...
July 16, 2024
In that case, lets get to the news President Trump this morning attacked the impeachment inquiry tweeting, this impeachment nonsense is just the continuation of the witch hunt hoax. Okay, this is beside the point but witch hunt and hoax mean the same thing [ laughter ] calling the impeachment a witch hunt hoax is like calling you dumb donald trump. [ laughter ] you dont [ cheers and applause need both. According to a new poll, 50 of americans say theyre ready to elect an openly gay president if ...
July 16, 2024
Facing another grilling from lawmakers about the safety of the 737 max. Risks facing the stock Halftime Report starts right now. All right. Good to have you with us on this wednesday from post 9. Our Investment Committee here. Lets begin with the markets the count down to the fed. Investors expecting a cut, but it is the what comes next that matters most of all. And for that we bring in Steve Liesman, who is at the fed today. Thats what everybody wants to know, right . Everybody knows a cut is c...
July 16, 2024
Road map begins with the curse of the unicorn uber under pressure again. We have that softbank disaster after the funds wework debacle. Masa son saying his investment judgment was poor. Hp rallying ahead of the bell, the target of a potential takeover effort by xerox well start with uber. Shares facing more pressure after hitting an all time low yesterday. Company reports another billion dollars in losses as you know and the post ipo lockup period is expiring, freeing up a billion shares for tra...