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For the president , it was very important to get a win. Juliette the boe stays cautious as the brexit outlook remains uncertain. If you look at the details and negotiations, there is still such a long way to go. Juliette plus, a special bloomberg series highlights Climate Change with expert insight and analysis from every angle. The average global temperature is going to go up a lot. We have to fight Global Warming and have intelligent Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important Business News, and interviews from Bloomberg Tel ....
The Prime Minister loses when it is him against the markets. The biggest week of earnings season with Powerhouse Companies reporting. Better than expected cash flow which we have not seen for a long time. In the second half of the year things should pick up. We are seeing a little performance art. Mexicos president speaks exclusively to bloomberg. He says Interest Rates are too high but he will not intervene. We trust we are not just going to grow but also to develop. Some of europes largest banks say it is high time or for rates to come up. Fundamentally negative Interest Rates not just for the future of banks at stake right now. It is all ahead on bloomberg best. Mo emma hello and welcome. I am emma chandra. This is bloomberg best. The weekly review of the m ....
The new deal brexit rises. When it istells us the Prime Minister against the market, the Prime Minister tends to lose. Emma the biggest week of earnings season with Powerhouse Companies reporting. Better than expected cash flow which we have not seen for a long time. In the second half of the year things should pick up. We are seeing a little performance art. Emma mexicos president speaks exclusively to bloomberg. He says his countrys Interest Rates are too high but he will not intervene. If we trust, we are not just going to grow but also to develop. Emma some of europes largest banks say it is high time for rates to come up. Fundamentally negative Interest Rates are not good. Not just for the future of ....
2 00 in our trading day on the east coast. Nasdaq composite leading the way again up 1. 6 . The s p 500 adding more than a percent. Dow jones industrial are the laggard but higher by half a percent and chip stocks helping to boost that. Nvidia now up 85 this year. Its added almost a trillion dollars in market cap in 2024 so far. Its only march 7th. Micron higher on the upgrade from stifel and intel gaining on reports its expected to receive 3. 5 billion from the government to develop advanced chips for the military. All about the chips. 900 a share. I mean. For nvidia. I remember when it was 700. Unbelievable. I remember back when it was 700 about two weeks ago. Gosh. Lets move on now and begin with the state of the union. The president is expected to propose, among other things, a 21 minimum tax on corporations and a quadrupling of the tax on corporate buybacks. Bob pisani joins us from the nyse and you followed buybacks for years and what would the impact of what the president is pro ....
Some gains at the open expectations are high for the chip makers results after the bell watch apple. The midst of a sevenday win streak with a gain of nearly 13 so far this month. Lets begin, though, with target down sharply on this Quarterly Earnings miss and a sales decline. The retailer did say customers cut their spending on discretionary and grocery. Company did reaffirm fullyear guidance, jim. They guided comps down and came in 3. 7 when you talk to brian, hell be insistent that this wasnt anything that you should find unexpected the thing that im struggling with is he talks about the consumer, in tepid terms walmart didnt walmart told about a consumer thats in good shape and price rollbacks. We didnt get price rollbacks from target until this week. So, im beginning to wonder whether target is out of position versus walmart. Where walmart is really starting to walmart plus represent a bargain. Walmart can also subsidize ....