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BLOOMBERG Bloomberg Technology July 13, 2024

Any moment. I want to bring in our Bloomberg Markets reporter, taylor riggs. Walk us through the equity markets. Pricing seemed to deteriorate toward the close. Taylor so much volatility today, on days you would typically see from earnings. Companies reporting like caterpillar, 3m, really thinking that the worst is not as bad as it seems. All of that, like you mentioned, really deteriorating into the close. A lot of that had to do with Consumer Confidence data, showing that levels are down to th...
United States New Jersey Bloomberg Emily Sundar Pichai Emily Chang Lucas Shaw

BLOOMBERG Bloomberg Markets European Close July 13, 2024

Suddenly very risk off, with the s p 500 and dow down. The nasdaq is down one point 25 for the worst performance. , dow jones news reporting it is facing criminal and civil scrutiny into years of 77 max Quality Control lapses. Once again, reporting that boeing is facing criminal and civil scrutiny into years of 737 max Quality Control lapses. As we know, boeing plays a part in many of these indices, so it is definitely weighing on those in the last few minutes, erasing most, if not all of its ga...
New York United States City Of United Kingdom Matt Hancock Linda Mcmahon

FBC The Claman Countdown July 13, 2024

Announces he has canceled his Airline Investments and thats not all. Warren buffett revealed this weekend, which was nothing like you are seeing on the screen, it was a virtual Berkshire Hathaway Shareholder Meeting with just buffett and one other person on the stage. Our expert buffett panel is here to read between the lines of what buffett really said. Wall street, as we look at this, it has happened. A National Store chain has succumbed to the coronavirus. J. Crew filed for bankruptcy protect...
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FBC Lou Dobbs Tonight July 13, 2024

And today President Trump said this about his predecessor. Theres more to understand, e going to be far greater than what youve seen so far, and what youve seen so far is incredible especially as it relates to president obama. If anyone thinks that he and Sleepy Joe Biden didnt know what was going on, they have another thing coming. Lou President Trump teeing up possibly what could be the release of even more documents that would shed light on the doj, fbi and and perhaps other members of the co...
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FBC The Claman Countdown July 13, 2024

Clients. Got to hear mohammed, one of the smartest in the business. What if there were a tool, work with me here, that identified where in the air around your town coronavirus might be hovering . Drone Company Dragon fly says its drones can now just do that. The ceo is here on how they work, but also on the privacy controversy now swirling around his wildlooking aircraft right there on the screen. In this work from home world, theres a real lifeline between millions of employees, their coworkers...
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FBC Lou Dobbs Tonight July 13, 2024

Fbi and the Justice Department in actions against general flynn. In the motion to dismiss, the department of justice said they were not persuaded that a january 2017 interview of flynn by two fbi agents, quote, was conducted with a legitimate investigative basis and, therefore, does not believe mr. Flynns statements were material, even if untrue. Moreover, we do not believe the government can prove if either the relevant false statements or their materiality beyond a reasonable doubt. That motio...
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FBC Varney Company July 13, 2024

That. A modest down trend. Tomorrow, though, thats the big jobs report. Almost certainly the worst in history. Okay. But look at this. A rotten economy and a Big Stock Market rally. We get a lot of inquiries as to why is this happening and the short answer is well, the market looks to the future and its clearly seeing an economic recovery, and the trillions pumped into the economy are very much appreciated. Put it like that. The dow is going to be up over 300 points at the opening bell. Thats be...
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BLOOMBERG Bloomberg Technology July 13, 2024

The coronavirus outbreak. This is a group of experts are outbreak could go on for another two years and wont be contained until 2 3 of population is immune. Joining us to break down the day wall as at least on street, taylor riggs has been digs into the markets for us. Tailor, a rough day, there were so many signs of hope this week . Felt like a mood shift this morning, emily, we woke up, a sentiment had been negative. As you remember, 30 after we bottomed out on the lows on 23. H there could ha...
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BLOOMBERG Bloomberg Technology July 13, 2024

Justh to reopen california today taking smaller steps to ease its lockdown later this week. The first state to shut down its in our lets bring Bloomberg Markets reporter, taylor riggs. Why did tech outperform the rest today . Taylor a lot of the optimism new yorkn newsom, from governor andrew cuomo, seemed to turn that around in the final hour of trading. , all of theoned direction today. Fangs,daq along with the the peak out performers. Microsoft, amazon, apple leading those gains. Needp hearin...
New York United States South Korea Marc Benioff Warren Buffett Emily Chang

FBC Barrons Roundtable July 13, 2024

Levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its ...
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