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BBCNEWS World July 2, 2024 - Vimarsana News

BBCNEWS World July 2, 2024

Cloud computing and its Pc Businesses are growing, and the companys early move into ai is reaping rewards. Revenues at microsoft were up 13 to 56. 5 billion in the quarterly period to the end of september. Contrast this with alphabet the owner of google it also enjoyed a big hike in revenue, up 11 to 76. 7 billion, but its shares slipped by 5 in after hours trade as investors were unimpressed with the progress of google cloud. Lets unpack this with russ frushtick, co founder of polygon. Russ is a technology and gaming expert. Good to have you on the programme. If we start with microsoft, what ...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Good morning. John and tom have ditched me. Manus cranny is with us, which is a good thing as we try to understand how we can get past a bond market that will not let anything else matter. I want to talk about earnings and geopolitics and everything else. Instead, we are talking about a 19 basis point swing in the 10 year. All of a sudden, crashing down. Manus to bill ackman and bill gross have that much sway in the bond market . The bottom line is, that huge amount of volatility, the one thing that surprised me was why did the equity market it more of a bid on the back of a swaggering move . ...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

This is Bloomberg Markets european close with guy johnson and alix steel. Guy at a headline level the index is not moving very much. The stoxx 600 catching a little bit of a bid. 441 is where we are tracking right now. Single stocks there is plenty of action. Ongoing problems with a range of issues right now. Many related to its original acquisition. It has issues with trains on the new elizabeth line in london. Ongoing issues in a number of places. We have management saying maybe we need to sell some assets and that is what seems to be knocking the stock. The outlook not looking that favorabl...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Day ago, down 0. 4 . Two year yield still firmly above the 5 level on the week. You have a two basis point move lower on the day. However, again, we have the big meeting just two hours from now. 10 year yield has been above 4. 60 all week and now today even with a two basis point move lower, 4. 65. Banks soaring after posting better than execute results and exec it is outlining a goal of being better in 2025 following expected losses this year. It is surging now more than 31 . On the other hand, you have starbucks. Sales fell for the First Time Since 2020. The chain cut annual guidance for a T...

FBC The July 3, 2024 - Vimarsana News

FBC The July 3, 2024

And green for mostly the russell 2000 and ousting of speaker Kevin Mccarthy in the rear view, the bulls are holding on to the green by a gossamer thread and spiking bond yields barely retreated and point gain for the dow of nine measly points. Earlier gains of a gain of about 130 points and weve not come close to erasing tuesdays 430 point loss. Buyers of blue chips emerged earlier but since lost a bit of steam here. What is working kicking off the final hour of trade. To the dow heat map, theres amgen, microsoft, walmart, sales force, visa and nike in the lead. La guards are chevron laggards ...