Fullyear guidance. Not having much visibility into the full year. Again, for the first quarter, adjusted eps and revenue higher than anticipated. Quincy,o bring back chief Market Strategist at prudential financial. These earnings, whether it is for intel, other companies. Let me add another. 18. 5quarter revenue of billion. The consensus estimate was for 18. 0 8 billion. An increase from what analysts were looking for. It be a bellwether for the global chip industry when you hear these kind of numbers versus localized situations . We know that the world is becoming less and less global and are trying to secure supply chains inside the country. Quincy i think you have to take semiconductors, chips together. Some of them are for working at home. There are others that have to do with gaming. Also working at home one you take a break. Future, 5g once we pick up. You put them all together and they have become a major bellwether. I started following them in 2018 whenatching the group move it
Stimulus plan to really help countries in the eu. You do wind up having larry fink say if you are a longterm investor, you want to buy risk. You have the dollar seeing its worst week since 2009. May be some of the liquidity funding pressure is taking a backseat. Today we are going to take a look at the market moving news from around the world, focusing on washington, as well as new york. The house is expected to approve that 2 trillion rescue package. House Speaker Nancy Pelosi told bloomberg tv they will move quickly to get that. Rep. Pelosi will have a strong bipartisan vote that, hopefully by noon will be finished. That depends on how we have to come into small numbers to vote have we have to come in to the chambers in small nubbers to vote. In small numbers to vote. Now is kevin cirilli. What comes after that . Kevin all of the house members will vote on this to trillion dollar stimulus package. From there, the president will sign it virtually immediately into law. After that comes
Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been banking on some kind of agreement by the yearend. But remember, we still have this deadline of december 15 for when t
Yield actually lower. Still seeing a bid in the long end, but nothing dramatic appeared to what you wouldve thought when headlines broke saturday. Lets get the update here. Time now for global exchange, where we bring you the market moving news from around the world. Joining us from riyadh is yousef , and Michael Mckee here in new york. We begin in saudi arabia, where aramco tells customers certain deliveries will be delayed, especially in october. Yusuf, give us the latest yousef, give us the latest. Yousef we are waiting for a Firm Response from the saudi government. The Foreign Ministry made it clear that they are going to treat this aggressively. They will defend the land, and we expect a press conference from the Energy Ministry as well to outline the day in a bit more detail the exact damage to the infrastructure. Bloomberg even understands a tour of some of that damage could be in the offing, but at the moment, saudi aramco scrambling a little bit to get those oil barrels to the