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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

Stuck in a slump. The winning streak comes to an end. More pain from protests in hong kong. Retail sales and Hotel Occupancy tumbled more than 40 . Check lets get a quick of the markets. We are seeing u. S. Futures gaining a quarter percent but this of course after we see all saw the s p 500 fall the most in a month. Every session was in the red. Week manufacturing number this morning. Industrials let the declines, not to mention we had banks under pressure as was our rates move lower towards the 1. 6 for the 10 year yield. Volatility was also pronounced. We saw the vix headed towards the 20 level. It is known for price swings. It could be one of the most volatile months of the year. Lets see how things are shaping up for asia. Selina asian stocks look to be pressured by the weak manufacturing data after the u. S. Reported which of course follows very weak did any Manufacturing Sector we have seen across europe as well as in china, japan and south korea. Take a look at the futures. Loo

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Cofounder ofhe overlap in the future growth of these markets . s stake in juul, apple, Steve Wozniak. He discusses everything from trade to services, privacy on they paid about 12 million. Facebook. Federal officials charming when it comes to the heat not former uber engineer anthony burn product, it is the levandowski from stealing exclusive distributor in the u. S. Technology from the waymo unit. They are both vapor priority for the noncombustible products. They do target separate niches. Juul tends to be a younger fbi. Adult, some even minors trade secrets, these are the unfortunately. Crown jewels of companies. Taylor joining me to discuss is the other product, because it uses finely ground tobacco as bloombergs eric newcomer. Opposed to flavored nicotine, it what a long saga it has been. Targets an older demographic, which really looks to the a total surprise. They settled this a couple of oldfashioned tobacco, almost like a pipe experience, as years ago. There had been a private

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

We speak to the cofounder of apple, Steve Wozniak. He discusses everything from trade to services to his strong concerns on privacy on facebook. To our top story federal officials charming former uber engineer Anthony Levandowski with stealing Driverless Technology from the waymo unit. This is one of the most intriguing recent legal battles in Silicon Valley and a top priority for the fbi. Tolerate thell not theft of trade secrets. Let me be clear these are the crown jewels of companies. Taylor joining me to discuss is bloombergs eric newcomer. What a long saga it has been. What have we learned today . Eric this was a total surprise. Uber and google settled this and while ago. There had been a private arbitration. But the idea that there would be criminal charges is something i think people had largely given up on. It has just taken so much time. This is a big deal for Silicon Valley. Taylor talk to me about the difference between the two trials. They settled one, arbitration. But this

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Transcripts For FBC After The Bell 20240714

Boeing fixings technical problems with the planes Flight Systems warning it mate have to shut down production entirely. Connell s p right around record territory. It needed to close up just under nine points to set a record t was able to do that. A 14 point gain for the s p where we settle in. That is a record closing high. Same thing for the nasdaq, with a 70 point advance today. We have all of that. Plus the president , of course a big day in washington. President trump is expected to leave the white house in the next few minutes, following the Robert Mueller testimony on capitol hill. This is a chance most likely to hear from the president. Well bring you any breaking headlines from President Trump if he stops to answer questions as he often does from reporters on the south lawn of the white house. Lauren think he will do that today but we will see. As we wait for facebook, their latest Quarterly Earnings imminent at this moment. Jackie deangelis in the newsroom with the very latest

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Transcripts For FBC Varney Company 20240714

You very soon. Theres this. Another College Cheating scandal. It seems some wealthy people transferred control of their children to other less wealthy people so they could claim Financial Aid from colleges. Again, big story. Full details coming up. The market heading lower after a series of china trade tweets from President Trump. Hes disappointed that china has not yet bought our Agricultural Products and hes speculating that china is waiting to see who wins in 2020 before making a deal. Not a good idea, he says, because when he wins, it will be a very tough deal or no deal at all. So look at this. We are going to be down, what, over 100 points on the dow industrials, down about 16, a half percentage point on the s p, and the nasdaq getting close to a 1 decline. We are off all across the board. Then theres beyond meat. Okay, sales quadrupled but investors were shocked that the company will issue another 3. 25 million shares that dilutes existing shareholder value and down goes beyond

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