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Transcripts For BLOOMBERG Bloomberg Markets 20160722

We will see what the next hour holds. We are seeing a pullback in volume today on the three major averages on this summer write a. It looks like all you money s p the 20 day average. We are seeing an extension of gains as we get towards the close. The nasdaq up 1 2 of 1 . The week and another winning week, the fourth week in a row weve seen gains for the s p 500. Take a look at the s p over that fiveday period. Here are the intraday highs that we saw on wednesday for the s p 500. We have not exceeded the intraday level. Right now we are above those levels. We see how it plays out over the next hour or so. We are watching the chipmakers today. We have a tale of two chipmakers. Advanced micro devices posting its first quarterly revenue gain, going back to 2014. It is on increasing demand for chips, as well as chips to power video games. Sky works is lowering. The company talked about some issues and its largest customer. It is forecast for fiscal fourthquarter
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Europe Is Being Forced to Reboot Its Car Industry

(Bloomberg) Volkswagen, Renault and Stellantis are thinking the unthinkable, exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersStocks Pause Near Record as Traders Await Catalyst: Markets WrapWall Street’s Moelis Bet Big on the Middl ....

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The Big Miss on Electric Cars Is Remaking Europe's Auto Industry

(Bloomberg) Volkswagen, Renault and Stellantis are thinking the unthinkable, exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersA $6 Trillion Wall of Cash Is Holding Firm as Fed Delays CutsYour 401(k) Will Be Gone Within a DecadeAs C ....

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France Sends Top Diplomat to China as EV-Probe Backlash Heats Up

(Bloomberg) France’s top diplomat will head to China this week to smooth relations after a European anti-subsidy probe championed by Paris into Chinese electric vehicles raised trade tensions with Asia’s biggest economy.Most Read from BloombergThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board ....

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France Sends Top Diplomat to China as EV-Probe Backlash Heats Up

France Sends Top Diplomat to China as EV-Probe Backlash Heats Up
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