This is the worlds most valuable company. It released earnings after markets closed in the u. S. Shares rose postpostrelease, and post market of both postrelease and post market. Numbers are falling. Unit look at revenue and thatts, profits were not good. Several billion yet less than last year. Iphone t means that the model, peoplest were doubting whether it was a little too expensive for but it pickedts, up traction. That seems to be what is saving apples numbers, especially when you look at projections. 45 point 5 billion 45. 5 billion. That is the bottom end of the target range for apple, if you look at the projections. As far as that is concerned, it seems to be over growth. Sales are falling. Another thing to mention, the cfo basically said at the start of this, for the past quarter, they were not able to keep up with demand. Now they have put in the necessary capacity to meet back up demand, so they do expect this for the next three months. The iphone is still the most important
I love that question. If they get a be key getting into friday. Ofathan for me, the bank england leaves forecasts unchanged. The overwhelming majority expecting rate cuts this thursday. Thats going to be fascinating. Alix fascinating communications coming out of the boe. That trickle down into european stocks. Rally into the recent coming off the biggest monthly gains this october. The hsbc Global Equity strategist ben laidler. Lots of red on monday. Thethan lots of green in last five months. The s p 500 has been win, win, win. To kick off this mondays trading is softer in europe, the ftse down about. 1 . The dax marginally in negative territory. Alrightx market, its on this one throughout the week. The cable rate with a weaker pound off the back of some pretty weak manufacturing data coming out of the United Kingdom ahead of that bank of england rates decision. Is coming thursday. The commodity market is just wow, wow, wow. The biggest monthly drawing some down as weith wti kick off a
Profitability. It all comes down to cost cuts. Hsbc heading annual cost of bout 5 billion. Jonathan he had a bit of a message for the bank of england. Alix and it come downs to the Retail Banking sector. Were going to have a big interview in the next three hours, talking commodities with the new man in charge over at oy tinto rio tinto. You look at overall at the arkets, it seems to be a risk. Jonathan s p 500 futures marginally negative. In europe, its the ftse 100 thats soft but no drama. Hsbc stands sure leading the gains. In the f. X. Market, this is the one to watch as the cable rate against the u. S. Dollar ahead of the bank of england decision. We are positive on the day but we trade at 39. 78. And ahead of pay rolls friday, ahead of the bank of england decision on thursday, yields coming in on 30year treasurys and off 30year gilds as well. Alix time warner increased its full year outlook and a 10 investment in hulu. You can glean it beat on earnings coming in at 1. 29 a share b
Fed kicking off. The worlds most valuable company set to give earnings after the close. We will set up everything you need to know. When it comes to the markets, and ethics story all the way. Low rates river is where the smart rates has been for the last couple of years. In the fx market, weaker pound, stronger yen. Stronger by 1. 36 against the dollar. As the helicopter money fades ahead of the doj decision on the friday. The weaker pound story means a stronger dollar story as well as we carry the last couple of weeks over in the fx market. That stronger market means the brand is down another. 7 , the wti down. Yields coming in to touch, and by two basis points on the 30 year yield. Your yield is 2. 264 on the u. S. 30 year. Alix breaking news. Verizon now with earnings right now. It looks like a beat on the top line bottom line coming in at . 94 a share. Operating revenue coming in light at 30. 5 billion. The Company Buying yahoo . That 4. 8 billion. One number that was really intere
It is hard to get wrapped around the numbers but what is eresting to me is the is the Market Reaction of what mr. Corona can do going forward. Jon then the yen is stronger. The bank of japan runs qe at a clip of around 18 billion every few months. That is how small pieces. It feels like a drop in the bucket. We are going to dig into these stories of the day. The details on this package entering a bear market with ebrahim rubari, ari ebrahim rahbari. Hong kong markets closed because of the storm. The real story was in japan and that was straight off the bat. 1. 4 . Ope, the dax down are the leading losers on the stocks in europe. We will debate that throughout the program. A 101 handle on the japanese yen, dollar yen trading at 77, the stronger yen session in the fx market capturing that risk for a moment. The commodity market is fascinating. We moved to 40 a barrel yesterday. Back, one full percentage point to 40. 61. A big shift in the bond market today. Core Government Bonds, yields