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BBCNEWS Asia Business Report July 6, 2024

alphabet and meta. and microsoft samsung and intel. the technology sector has been enjoyed rapid growth during the pandemic but now they are operating in a high interest rate environment. they have also been cost cutting measures. meta, for example, has had to announce that this month it will cut 10,000 more jobs and that is on top of the 11,000 that the company let go last november. danzig is a deputy chief investment officer at richard burnside advisors and he now says that he is not optimistic about technology stocks in the united states. i don t really see any reason to expect anything different from what we have seen both from these companies over the past couple of quarters but also from the companies we have only heard from his earnings season. i think what is clear is growth is slowing and this is hurting these companies notjust on the front of the profitability front of the profitability front which i think is front and centre for markets. we were talkin: an ....

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BBCNEWS Asia Business Report July 6, 2024

and intel. they face now inflation fears as well as operating in a higher interest rate environment. they have also been cost cutting, putting cost cutting measures in. dancers are key is a debited dancers vicki says he is not optimistic about technology stocks in the united states. dan suzuki. i don t really see any reason to expect anything different from what we have seen both from these companies over the past couple of quarters but also from the companies we have only heard from his earnings season. i think what is clear is growth is slowing and this is hurting these companies notjust on the revenue front but the profitability front which i think is front and centre for markets. we were talking about meta layoffs and other big companies, also the collapse of the silicon valley bank. do you think that maybe this is finally, the pay might be over in the next quarter? the pain might be over. nothing i m seeing in the data is really suggesting that. again, wej ....

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MSNBC Andrea Mitchell Reports July 6, 2024

former president s reaction and what it means for his campaign good day i m andrea mitchell in washington with what we are learning about the historic indictment of a former president and frontrunner for the 2024 presidential nomination. the indictment is currently under seal a source with direct knowledge of the court proceedings says prosecutors are not expected to ask a judge to unseal it today two sources familiar with the matter say the indictment has approximately 30 counts of charges related to document fraud. one of trump s lawyers told savannah guthrie that the former president is expecting to travel to new york tuesday to surrender to authorities and be arraigned. do you expect the president to voluntarily surrender will he come for his arraignment? we are working out those logistics right now. absolutely he is not going to stay in mar-a-lago we will face it. we will be successful, i m sure. he is currently expected to appear before a judge sometime tu ....

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BBCNEWS The Context July 6, 2024

are being instructed to shelter in place as western governments try to figure out a means to safely evacuate them. also tonight, scientific censorship in china. crucial genetic sequencing that could have helped with the fight against covid, was deleted, covered up or withdrawn under pressure from party officials. we will speak to the new york times investigators. what about the transition to clean power? nine countries meeting in belgium today have commited to building an entire electricity system in the north seas, based on renewable energy. and we will talk about the global addiction to cheap clothing 10 years on from the rana plaza disaster in bangladesh have we improved conditions for some of the poorest workers in the developing world. but first to sudan, a country fast coming apart at the seams. in khartoum it is now a stark choice between hunger and deprivation indoors and the risk of being killed in the street battles outside. there are tens of thousands of fo ....

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CNN CNN This Morning July 6, 2024

30th 2023 we have breaking news. an american reporter has been arrested in russia accused by russia of espionage. evan gersh covic works with the wall street journal and russia s main security agency now says in a statement. they claim he was collecting information about the country s military industrial complex overnight to u. s. army helicopters have crashed and kentucky police and military teams are on the scene. details still coming in also this prayers for pope francis days ahead of holy week. we re live in rome with the very latest on the health scare that has him in the hospital. also did a little disney magic calls some of governor ron desantis his power to go away the legal trick that puts the governor s new handpicked board that is overseeing disney, potentially in a bind some of the biggest names in tech, signing a letter hoping to slow progress and artificial intelligence. elon musk is joining dozens of tech leaders and calling the fast moving breakthroughs ....

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