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BLOOMBERG Best Of Bloomberg Technology July 13, 2024

Old law protecting google and facebook. The coronavirus is taking a toll with tech leading the losses. Apple card revenue guidance for the march quarter with the outbreak continuing to affecting the chain. Impactfulonavirus is but not permanently impactful. T is a temporary blip on the demand side longerterm for apple. We will see a nice rebound when this is over. Apple made a big bet on china. Contained,. Is not this will continue to be a problem. Could be a virus problem longer than the market thanks. Theres no better ceo to handle the challenges then tim cook. Iile it is very concerning think having him at the helm is very reassuring. It is hard to shift production in a matter of weeks. Myly reaction from colleagues to assess what he thinks the supply Chain Disruption will not hurt demand. Since apples announcement the demand it is really supply Chain Disruption. The m ....

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CNBC Closing Bell July 13, 2024

Plus an increase in News Coronavirus cases, declines are being led by tech. Microsoft, amazon and apple all sharply lower today. Thomas peterffy is the chairman of Interactive Brokers hes our closer today coming on the heeled of the tieup will he now sell his companies well ask hem later in the show. Clearly coronavirus, again still only down just over 1 the markets overreacting i think if you do the math, basically if you lieu that only represents about 1 of the earns of the company no indication that this is nothing but a shortterm problems lets get on the base stories. Seema mody Steve Liesman tells us what the fed is talking about. First, lets start with seema. That safe haven play is certainly evident in different parts of the market. One standout is shares of the post 5 a new record high, up 7. 6 certainly ou ....

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KTVU KTVU Mornings On 2 At 6am July 13, 2024

And i do like it, freeways are wide open but sometimes other drivers take that as a cue to go really fast. This is not the time to do that because chp is always patrolling on the holidays. In fact may times there is increased staffing on the holidays just for this reason to take it easy and drive the speed limit if you know what is good for you. This is a look at 80 westbound. Light at the bay bridge. Now back to the desk. The San Francisco 49ers in their quest for a six championship is just one win away, the 49ers dominated the Green Bay Packers and their 37 20 victory and now going to miami to play the Kansas City Chiefs in the super bowl. And joe fonzi looks back at an incredible season in a big win. Reporter confetti has fallen on the field before but just not in celebration of a 49ers when as the final seconds ....

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BLOOMBERG Best Of Bloomberg Technology July 13, 2024

The coronavirus takes a toll with tech leading losses. Earlier, apple cut its revenue guidance for the march quarter with the outbreak continuing to impact the iphone maker supply and demand. The coronavirus is impactful, but not permanently impactful. In other words, it is a temporary blip. On the demand side longer term for apple, i dont see any issues so that gives me a lot of confidence we will see a nice rebound when this is over. The bad news is, apple made a big bet on china. 20 of revenue, a huge part of the supply chain. If the virus isnt contained, this will continue to be a problem. In longerterm, it china and the was a u. S. Are likely to be at loggerheads. I think the virus could be a problem longer market thing. There is no better ceo to handle the current challenges then tim cook and while it is currently concerning, having him at the helm is very reassuring. It is quite hard to shift production in a number of weeks. Emily we got more reaction from the
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CNBC Street Signs July 13, 2024

Travel and leisure recover after ryanrare continue to slash capacity and bmw ceo adds his company is operating as normal on the supply chains, we dont see any large disrupts. A warm welcome to street signs. Global finance ministers discussing a possible coordination to the responseof coronavirus. Listening to the call at 7 00 a. M. Eastern led by Steven Mnuchin and Jerome Powell. While the group is drafting a statement on countering the economic impact, it does not specifically call for coordinated Interest Rate cuts nevertheless, european markets are surging following wall streets lead yesterday. You can see the dax and the main benchmark up 2 . In italy, the mib facing a strong recovery up 2 . Yesterday, we saw italy underperform, in particular the italian Banking Secto ....

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