Each others markets a landmark deal called shanghai london stock connects and what it means is charlottes that companies can trade on the London Stock Exchange while british stocks can be sold in shanghai is not just convenient for investors chinese regulators see it as a step towards opening their markets to Foreign Investment while britain says its a way to boost london status as a Financial Hub ahead of brakes and. The founder of huawei has compared the company to a badly damaged airplane while announcing plans to slash production ranjan expects war weighs Global Smartphone sales to be down 40 percent this year as a result of u. S. Attempts to isolate the company internationally but he insists weiwei will recover. Well way is waking up to the damage of its blacklisting by the white house during a Panel Discussion of the companys shenzhen headquarters wrenching fail laid out the impact in numbers. Show on the way that to be in the next 2 years i think we will reduce sac capability as
The faa audit. Later, disney gets personal as nelson peltz takes on the board. Its tuesday, march 12th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being here with us. Lets kickoff the hour with the check of the u. S. Stock futures after the mixed session yesterday with the nasdaq posting the second down day in a row. Look at futures right now. Just a mixed picture. Dow is moving a flat. The nasdaq is firmly in the positive territory. S p is the same story. Stocks are looking to make up ground this morning, especially after nvidia with the sharp move lower on friday. Its biggest down day in a year on friday. It was higher yesterday and higher this morning. It is up 1. 5 . Nvidia is among the premarket gainers. We have the cpi due out at 8 30 a. M. Eastern time and we see the benchmark at the same level as yesterday at 4. 08 . We are looking at bitcoin. Trying to hold above 72,000 mark. We are seeing bitcoin a
It slashed its Sales Forecast for its Covid Vaccine and therapies late on friday. Shares not going to be down ahead of the open. Watching apple. Reports of disappointing iphone sales in china. Lets begin with the new week for the market. Its going to have something for everybody. Were going to be on the lookout for geopolitical headlines. Earnings season will heat up. The fed speak calendar, sara, is insane. Its heavy. Theres a lot of them. Whats interesting is that fed speak has moved from hawkish to dovish now for the markets because increasingly, youve got a number of these fed speakers saying, were okay waiting and seeing the impact of our higher rates. Theyre not expressing any kind of alarm or panic over the fact that Inflation Numbers have come a little bit firmer. Cpi last week was firmer. Expectations in the university of Michigan Sentiment number on friday were a little bit firmer, and the data overall has continued to not point to recession, but it does feel like the groupth
Thats a United Nations staff member describing the conditions inside gaza as israel prepares for a potential fullscale Ground Invasion in the wake of the Terror Attack by hamas. Well have a live report from israel straight ahead. Plus well bring you an update on the Biden Administrations efforts to prevent further escalation in the region with top officials on the ground this morning in both israel and jordan. And also ahead, more republican led chaos on capitol hill. The partys nominee for House Speaker just dropped out of the race. Good morning and welcome to way too early on this friday, october 13th. Im jonathan lemire. Thank you for starting your day with us. We begin this morning with the fast moving developments in the latest out of the war between israel and hamas. Israels military has ordered a large scale evacuation of the entire northern half of gaza within the next 24 hours. That region is home to just over 1 Million People and accounts for about half of the overall territo
In the palestinianisraeli conflict zone. Leaders expressed concern about the catastrophic rise in civilian casualties. In addition, they touched upon certain issues of russianturkish cooperation. As a result of a hamas attack in israel, soviet physicist sergei grideskul was killed. He was 81 years old. The scientists and his wife lived in the city of afakim since the early nineties. On october 7 , militants attacked the village a few days later and on the list of those killed, one of the first to express my condolences was expressed by the scientists colleague alexei khokhlov, sergei gredeskup, worked at the university of bengurion, and before emigrating he lived in the ukrainian ussr. During his life, the physicist became the author of more than 100 scientific articles and also wrote a monograph. More than 2,600 palestinians were forced to flee the gaza strip, according to the un office for the coordination of humanitarian affairs. Among those who managed to escape, over 170,000 are s