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BLOOMBERG Bloomberg Markets Americas July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 14, 2024

1 . 2. 1 . Ericsson right now is down more than 10 . It as well giving a sober picture of asia, saying that it may be a little bit too optimistic on profitability 2020. S for back to the main story in the United States, bank of america with record secondquarter earnings on the Interest Income despite a beat on trading revenues. Bank of america following peers lower. Here with more is the gentleman owner and finance reporter. Stocks are up, clearly not disappointing too much, but a net interest margin. The stock is up i think because the trading results are good. Fixed income trading revenue is...

CSPAN3 Senate Banking Hearing On Facebook Digital Currency July 14, 2024 - Vimarsana News

CSPAN3 Senate Banking Hearing On Facebook Digital Currency July 14, 2024

Discussion on slave refugee camps during the war. Watch American History tv tonight at 8 00 p. M. Eastern on cspan 3. This past june, facebook announced plans for its own crypto currency called libra. The cocreator of Libra David Marcus answered lawmakers concerned over the Digital Currency before the Senate Banking committee. This is about 2 1 2 hours. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Insti...

BLOOMBERG Bloomberg Markets Americas July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 14, 2024

Banks mixed. Carmax, the worst performer. 2. 13 , crude up to oil below 65 a barrel. Trucking index, s p, best performer today, more than 8 up. That is relieving investors. European markets now. A better day in europe. The dax up a quarter of 1 , cac upup 6 10 of 1 , ftse 100 for tenths of 1 4 10 of 1 . Questions about barbary moving over. First quarter doing well in china. That stock is up 13 . Thank earnings season, j. P. Banks, wells fargo, reported earnings this morning. Lets bring in our Investment Banking reporter. It seems pressure on margins not affecting banks much. Reporter it is aff...

BLOOMBERG Bloomberg Technology July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Technology July 14, 2024

Will Congress Finally take action . First, shares of broadcom are tumbling after the chipmaker cut its fullyear revenue outlook. The outlook will be 22 billion in 2019, missing even the lowest analysts estimate. That also reported revenues that missed project since as it continues missed projections as it continues amid the chinau. S. Trade war. Huawei, accounting for 3. 5 of sales, is also a major supplier of chips to apple. Aey said we currently see slowdown in the demand environment, which we believe is driven by continued geopolitical uncertainties as well as the effects of export restrict...

CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Crossed, it looked like a different picture. We had a reversal midday we saw stocks give up the ghost and treasury yields surge and 10year yield cross 4. 1. It was the reversal to watch i think it is because mary daly and San Francisco fed says there is more work to be done after the cpi number people thought it is not over yet. It aint over. A long slog here. The lady hasnt sung. You cant say which lady right on the squawk planner. More inflation data. Ppi is due at 8 30 a. M poll polled forecasters expect a tick higher of. 2 . This comes after the cpi data showing prices rose 3. 2 year on ye...