Live Breaking News & Updates on Second Straight Quarter
Stay updated with breaking news from Second straight quarter. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Computer networking equipment making headway in ai. And in Security Technology grid we break down ciscos results. Meanwhile, raising 20 billion of market value in one day alone after posting the slowest Revenue Growth since the europeans payment shines ipo. We will bring the details, but were talking about an erosion grid once again, sentiment on the downside on the nasdaq. These arent enormous moves. But the volume a low will see some nervousness around what is happening in the bond market. Significant selloff. A rate at which we are inclining and yield spread we are seeing another six basis points added on the tenure. This will come thick and fast. U. K. Yields are upper us across the world. A movement to bonds that will see Interest Rates continuing to have to remain at a sustained high level. Interesting that we ....
Tom good morning, this is bloomberg daybreak europe. Stock struggle for direction as investors eye u. S. Factory inflation data due today for fresh clues on the feds rape at the head. Apples biggest supplier is said to report. We will discuss what they mean and good thing about the help of the tech sector and john help economy. The clock ticks were tiktok, the fate of the Popular Video app is in the hands of the u. S. Senate after the house forces its owners to so or face a ban. Nasdaq ended lower by 0. 8 . As an be close lower. It was a press record for european stocks. The catalyst later today, Producer Prices out of the u. S. , whether or not ppi print out of the u. S. Confirms the stickiness that we saw in cpi, the Consumer Price index orbits a question mark over the sticky narrative. Retail sales and initial jobless ....
Good morning. This is bloomberg daybreak europe. Im lizzie burden in london. And these are the stories that set your agenda. Surprise cut. Chinas central bank unexpectedly cuts its key lending rate by the most since 2020, as Industrial Production, retail sales and fixed assets data all miss estimates. Asia markets are mixed. Donald trump is indicted in atlanta over alleged efforts to undo his 2020 election defeat in georgia, adding a fourth criminal case against the former president. Plus, what Warren Buffett is buying and selling. Well bring you the latest 13 f filings as hedge funds look to gain from the hype over artificial intelligence. Well, good morning. Welcome to tuesday. And it might be august, but its a busy one. Youve got traders betting that the fed is going to keep rates higher for longer. So treasury yields have been steadying in early trading in asia. Bu ....
Kathleen youre watching daybreak a show coming live from new york and hong kong. Haidi we are counting town to asias major market opens. The top stories, asian stocks to start the week under pressure following mixed signals in fridays jobs report. Inflation pressure from the u. S. And china. Will prices are nearing highs for the year after six straight weeks of that. Saudi arabia extending as his Prime Minister says he will not pursue the judicial overhaul. Annabelle asian stocks are starting the week under pressure and we see futures to a weaker start. We are one hour out from the open in sydney and tokyo. Looking at key events on the horizon the u. S. Rally evaporated at the end of last week. We will have more on that in a moment but in asia key events include Consumer Prices data from china on wednesday. We could see deflation taking hold officially in the country and oth ....
Roughly 328point drop this is a market we havent seen in a while bryn, maybe well start with you on whether or not this is the beginning of something great or just the pullback to cool off the jets for the time being. I think now we can say its a pullback technicals were saying we were overbought, which we had been in july august, as you have talked about all week, has not been a good month typically for stocks i think this is a breather i want to say talking about the debt down grade, thank you fitch, thank you finally someone says what needed to be said is that, you know, dom, in 2021 Interest Payments were about a third of what we pay on social security, which is around 1. 2 trillion as we know today Interest Payments on the debt are at a trillion dollars and growing i think whats been what needs to be said, and although it hasnt reflected the market today, a lot of ....