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Been reluctant to normally support mr. Trump. Turkey has recalled its ambassador to germany. He vote increases tensions between turkey and germany at a time when ankara is playing a key role in slowing the flow of migrants to europe. The nba finals begin tonight. A showdown between the warriors and the cavaliers. The warriors won the series last year and are defending their title. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. From the Bloomberg News room, i am mark crumpton. Bloomberg west is next. Cory im cory johnson, in for emily...

A showdown between the warriors and the cavaliers. The warriors won the series last year and are defending their title. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. From the Bloomberg News room, i am mark crumpton. Bloomberg west is next. Cory im cory johnson, in for emily chang. Right sharing startups are duking it out globally. Uber announced a 3. 5 billion injection from the Saudi Sovereign Wealth Fund. We will catch up with lyfts chief business officer. Hest moneys tells us why betting big on tech renewables. Fox takes a beatin...

He is headed into his fifth olympics with 18 goals and 22 medals overall. I am Mark Crumpton and this is bloomberg. Bloomberg west is next. Emily i am emily chang and this is bloomberg west. Coming up, a major miss for tech club but investors do not care. Shares are square. Surging. We asked to toptier vps about the appetite for risk amongst a gloomy, global outlook. Plus, what they think about peter thiel backing them up front. But first, to our lead, investors shrugging off the day quarterly miss from tesla. Loss andker posting a share of 1. 06 much wider than most analysts had estimated. Sh...

Is not quite there yet when it comes to backing ryan who has been critical of trump. President obama is commuting sentences of 214 federal prisoners, including 67 serving life. It is the most in more than a century. Almost all were serving time for nonviolent drug offenses. Most will be released december 1. Michael phelps, the most decorated athlete in olympic history will carry the american , flag for the opening ceremonies in rio. Michael phelps is heading into his fifth olympics with 18 goals and 22 medals overall. Global news 24 hours a day, powered by over 2600 journalists and analysts in...

Today. Down by 1. 5 . Well dig into that over the next two hours. We begin with the banks. Dan warner is a banking analyst at morning star. Great to have with you us. Dan . I dont understand why one would be invested in banks right now unless you simply wanted to preserve or lose capital. Give me the bull case. The bull case is that if you with the strong economy, with the low cost and positive thats we, have were still seeing strong loan growth. I think i mean there are headwinds. But for longer term, i think you still want to be in banks. The fed will raise rates at some point. It always see...