For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china s economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china s stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy? come about in the chinese economy? come about in the chinese econom ?.. economy? there have been a view. Is economy? there have been a view is when economy? there have been a view. Is when it economy? there have been a view. Is when it comes economy? there have been a view. Is when it comes to view. Is when it comes to turning around china s fortunate this part of the cycle, but it loo
Ration of october seven but before we do that, lets get a check on the sport, and Olly Foster has that for us. Hello from the Bbc Sport Centre england have moved to the top of their group at the Womens T20 World cup. Their seven Wicket Victory over South Africa means that theyve won two out of two at the tournament in the united arab emirates. They lost the Toss And South africa chose to bat first in sharjah. England played a quartet of spinners, with player of the Match Sophie Eccleston taking two for 15 Off Herfour overs. Helping restrict South Africa to 124 6. England made a slightly sluggish start in the chase, but they reached their target in the final over, Nat Sciver Brunt with the winning Boundary And Unbeaten on 48. Their next match is on saturday against bottom of the Table Scotland who must first face South Africa on wednesday we have three World Class splinters who are usually in a team ended Lindsay Hasjust added to that, and made it really difficult for teams to get after
Hello, im christian fraser. Youre watching the context on bbc news. As he marks a year since the october seventh attacks, uk prime Minister Sir Keir starmer urges all sides to step back from the brink. Lam iamjust i am just watching some pictures of Tel Aviv at the moment. This is the Night Shot across a city where the Air Raid sirens have been activated in the last few minutes. As far as we can ascertain, there doesnt appear to be much activity around the city, the idea for that activity is they were watching project i coming into space above Tel Aviv from the direction of lebanon, so things tense in the Capital Tonight at a time where people are on the streets marking one year since the october seven attacks. We will continue to watch that and bring you an update as and when things clear. This is the longest war between the israelis and arabs since the end of the conflict that set the boundaries of the israeli state in 1949. But what about the Arab States, Saudi Arabia and the uae, t
Shift. Weve got another bonus hour of fast money tonight at 6 00 where we will be answering all of your burning trading questions. If youve got one, tweet us cnbcfastmoney. We start off with zoom zoom shares staged a gigantic really its 40 jump today now gives ut a market cap bigger than lowes, ibm and citigroup. It is about 3 4 of the size of cisco, which of course is a similar product and 83 times the revenue. What do you make of this giant move today its pretty incredible. I dont know how often weve seen a stock thats jumped by 40 in a single day. But it ran into earnings weve seen nothing but bullish paper in here for the entire year the interesting thing is when you look at the numbers, yes, the numbers were astounding. When you look at the revenue and the earnings beat, its incredible what stands out for me is i look at this company. You just wonder, theres not a short squeeze going on here. Its not a very large short position i think this is just an amazing stock. People look at
I know that chips are not, of course, a specific Coverage Area this is a big deal at a very confusing time for many in the market what do you take awa from a move like this and what sorts of changes or adjustments do you see . It is very, very interesting. Were in the middle of a pandemic, but it dung change the fact that a lott of companies are doing deals and acquisitions there is still strength and still a lot of people making money in this market there is an area that we need to participate in, talk to our clients about actively and want to move some and shift some cash over to different areas to make sure that we also participate. Often when things happen like the nasdaq getting into New Territory like this, this is a stock pickers market we have to look at individual opportunities. Do you feel that way and if so what are you looking at . Sorry, that is for scully for us it is always a stock pickers market, frankly. With that said if you look at the internet and Digital Media grou