4. 651 . Taking a look at crude prices and how they are digesting in the middle east. Wti is down. 50 . 85 a barrel. Brent is tame this morning at 89. 75. A check on bitcoin days ahead of the halving. We are down fractionally. 63,352. New data from china overnight. First quarter gdp grew 5. 3 year on year beating the estimate of 4 growth. Export volumes rose 14 from a year ago. Back here at home, United Health is out with Quarterly Results. Bertha coombs is here with more. Everybody is looking at the medical loss ratio from the cyber attack there. The change cyber attack is being looked at or accounted for in two buckets. United Health Revenue coming in at 99. 8 billion. Beating estimates. It is unclear if the adjusted 6. 91 per share is comparable to the consensus number. It includes 25 Cents Per Share impact for business disruption costs from the change cyber attack in february. It excludes the costs of advanced payments and interestfree loans due to the o outage which amounts to 6 b
Four governors in the central bank of mexico. It is his first meeting as head of the central bank. In the event of a tie he was expected to be the tiebreaker. It looks like that is what ended up happening. We are not seeing much of a reaction. The dollar versus the mexican peso. We are seeing the dollar higher by a quarter of a percentage point versus the mexican currency. On the bond side as well. Heres the mexico 10 year yield year to date. We have seen a little bit of an increase over the course of the year. 7. 38 at this point in time. Thats what we are seeing markets wise in terms of reaction. Julia . 5 basis points expected and. 5 basis points we got. Joining us with more is carlos rodriguez, bloombergs Mexico Bureau chief. Obviously julie mentioned the personality changes. Are also fighting higherthanexpected inflation and of course they are chasing the Federal Reserve who also chose to raise rates this week. Exactly. It was suspected that the hiking was going to be for 25 basis
Gas prices have been going up despite oils drop. Weve got Joe Petrowski telling us what he calls a potential fear premium forming in the gasoline price. Here is a question ive been asking. Is outer space big enough for along musk and Richard Branson . Well tell you about the new satellite war brewing between these two billionaires coming up in a while here. Plus, the Commission Free trading app robin hunt has done 1 billion in transactions. How lock can it keep those trades free of fees . Well ask the founders when they join us live. Lets begin with walmart and home depot and the mixed fortunes they presented this morning. Courtney reagan joins us with that story. Its been a long and short day all at once. Walmart and home depot are dow components. Some small merchandise categories cross over. The reason for guidance updates widely. Home depot, inline enings, stronger than expected samestore sales and better spending among higher income consumers and professionals. Home improvement ret
Stronger. Now the question is, are we in a crypto currency bubble . When could it pop . First, our lead. It is a redefining moment for the samsung note line as the south Korean Company unveiled the samsung note 8. It is their largest phone yet and could be its most important. After last years exploding battery fiasco, consumers could be hesitant to pick up their new phone, however, samsung is confident that the problems are fixed. It wants to move forward with its best mobile device yet. Our bloomberg representative has the story. I am in midtown manhattan for the unveiling of the samsung note 8. The stakes are very high, since it is the latest version since the galaxy note 7 was recalled after reports of catching on fire and exploding. Lets take a look at it. The note has always been samsungs biggest phone. One with the screen so large, it has been compared to a tablet. Now, the screen is getting even bigger, measuring at 6. 3 inches, to be exact. The note 8 has an improved camera wit
Good monday morning, welcome to squawk alley. Im carl quintanilla, sara eisen, john ford on the New York Stock Exchange joining us this morning from san francisco, kara swisher. Kara, good morning to you. Take a quick check here on the markets at 11 00 a. M. Eastern time dows trading down 75 and that was a very abrupt change from the morning session, or at least the open, after we got these comments from north koreas foreign minister via reuters saying the president s comments over the weekend were a declaration of war and north korea has the right, they say, to take aim at u. S. Strategic bombers, regardless of their airspace obviously, more saber rattling tech already under pressure, we should note, but this was the worst drop for the dow and s p in weeks worst drop since august 17th sometimes we find ourselves wondering why the u. S. Market isnt more vulnerable to some of the threats and escalation in the standoff between the u. S. And north korea. Feels like its the really scary he