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Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays ...

American companies should move production out of china and back to the u. S all of this with the eyes of the world on jay powell in wyoming Steve Liesman has been talking with the most powerful central bankers and will join us in a minute but to e lolon where the president lunaunched a tweet storm. On september 1st, the chinese imports supposed to be taxed at 10 will be hit with a 15 tariff on october 1st, the tariffs on 250 billion in chinese goods that were already in place will go from 25 to 30 . And then on december 15th, all of the products that we import from china will start being tarif...

Earnings tumbled 26 for Carlyle Group you you have exits and new deals slumping. From new york, i am alix steel. Welcome, everyone, to Bloomberg Markets. From where we are now to where we were in 2011, when we had the s p downgrade, the u. S. Is completely different. Sitting in the chair now, looking at market reaction, you can feel the difference. Guy absolutely. The market is struggling. They are saying, we already knew this. But does that mean you can ignore it . Im not sure that you can completely ignore it. I think theres an underlying message here. There are three factors used here, in t...

Estimates thanks to surging mobile ads on the news feed platforms. The company is now turning attention to monday he tiesing messenger and whats app. Were starting to put some ads in the product just to see the basic parameters on how that performs, how people like the ads or dont how they work for businesses and just try to get an understanding of that. So were starting to run that across the world all this, of course, is the market is hitting record highs the nasdaq is on pace for its best month in about a year due in large part to the tech names. On facebook itself, lets start there. Weve b...

Stocks going for their best week of this year led by discretionary utilities and health care and how about nike today. Investors are simply loving that news. Kevin, nike doesnt pay much of a dividend, but they are rocking today. Wonderful thing that happened. We were so concerned after macys and nordstrom blew up thinking its all over. Consumers dead. No low cost energy dividend. Where is it . Now we see the light, the green chutes. As you said, it depends where you are expecting the consumer to go. Not going macys. They continue to buy stuff from nike and ufshdarmour and other retail names. A...