On china. Sources say curbs on jack mas group over concerns on National Security. Shery we are getting south koreas current account balance numbers and the surplus right now narrowing the month of august from july, coming in at 6. 56 billion. This is a little bit of a narrowing from that 7. 5 billion we saw in the month of july. The balance widening. The surplus coming in at 7. 0 2 7. 02on dollars and billion dollars and this is widening from the previous month. When it comes to export numbers, we have seen the plunge easing a little bit and in september, south koreas exports rising for the first time in seven months and we are seeing the goods balance surplus widening a little bit, haidi. Haidi take a look at the open we are setting up in the first few minutes of trade here in australia. We have seen that bounce following the super expansionary budget that was delivered this week by the federal government. The asx in the previous session closing at a one month high on those budget exp
The staggering run into this report lets go straight to phil lebeau with all the details. A beat on the top and bottom line and the beat on the bottom line is significant. Lets run through some of the numbers. Much better than expected earnings per share and its a fourth straight profitable quarter for tesla. 2. 18 is how much it earned in the Second Quarter the street was expecting three cents profit revenue just over 6 billion as i mentioned, a fourth straight profitable quarter for tesla. We know the significance of that it is the last hurdle the company needed to clear in order to be included in the s p 500. Lets drill down some numbers within the report that are going to get attention operating cash flow, 418 million. Automotive revenue was actually down it declined by 3. 4 in the quarter, not a surprise given the fact that you had the freemont factory shut down for five or six weeks. But the automotive regulatory credits revenue, thats where they made it up. That was up 317 milli
With civil Rights Groups today to address the growing boycott the organizers of stop hate for profit calling the meeting a disappointment saying that Mark Zuckerberg and Cheryl Sandberg are not ready to address the hate on that platform and did not respond to demands of dozens of its largest advertisers the ncaa color of change, Antidefamation League and free press saying Mark Zuckerberg did not offer any tangible plans on how facebook will address the rampant discrimination and violent conspiracies on their platform the meeting that we just left was a disappointment facebook has had our demands in multiple ways and they showed up to the meeting expect an a for atte attending. Attending alone is not enough. Civil Rights Groups saying facebook did not address their list of demands, saying zuckerberg offered no automatic recourse for advertisers whose consent runs alongside hateful posts. They did not address why facebook recommends hateful groups and didnt address rampant disinformation
Was up by better than 5. 7 also watching whats been happening here with the treasury market in the United States. Keeping an eye on those things and youll see that right now at least it looks like a ten year is yielding 0. 689 just below that 0. 7 that we had the last couple of weeks. What was that i dont know. Im trying to explain this. I could make up a bunch of reasons. Because were reopening its the same thing over the weekend. New records were hitting the states where they were talking about more than 10,000 cases a day coming in and here you are watching the markets this morning saying yeah, okay. I was just listening to Worldwide Exchange and by the time he got done talking we should be at 10,000 on the dow look at whats happening and this, that, gaps here that are it can all end badly. At this point, this is really serious when you got this many people obviously that have passed away from the disease remember at one point i said we need a reality check i think that overall, may
Next opportunity focusing on the return to a vaccine. Weighing in on how close we really are we are watching Worldwide Exchange on cnbc. Good morning, good afternoon, good evening im Brian Sullivan the question is this for the markets. How will today go after yesterdays market slide futures are mixed to slightly higher on a futures basis, they are down well call them flat today yesterday, the dow down 710 points all of this on new concerns about growing outbreaks around america and the possible slowing down of reopening plans. Anything travel related yesterday was crushed. Airlines, cruises, hotels. All this as new york, new jersey and connecticut imposed a quarantine requirement on travelers coming in from seven different states that are seeing spikes in cases. Basically, you are not welcome but if you do come, you have to stay at home 14 days you can see the airlines also keep an eye on oil. Many stocks taking big hits once again. Oil between a rock and a hard place. Youve got concer