Stay with us tonight for an important announcement about this program at the end of the show. At first, Tony Thurmond started his job as state superintendent of instruction in 2019 after representing parts of the east bay in the state assembly. The states Public Schools are dealing with unprecedented issues exacerbated by the pandemic. Staffing shortages, low literacy rates, absenteeism, and a Mental Health crisis among students. Frenemy now is our state superintendent, Tony Thurmond. Thank you for being with us. We will dig into these hard issues in a moment, the first would you share with me what drives your passion for education . Education is everything for me. It seems my life, you know. Growing up as the son of immigrants and having lost my only parent to cancer when i was six years old, being raised by cousins i never met until i showed up on their doorstep, i needed a lot of help. Education opened doors for me. I grew up on the free lunch program, food stamps, and government ch
And then we have the fullyear forecast of like industrial names you need in your portfolio. And wall street pessimism jamie dimon and others having sharing their view on saudi arabia. And good morning to you, im alix steel along with my cohost guy johnson. It is good data here in the u. S. Guy good data for the u. S. And not for europe. The pmi data, a real gap beginning to emerge in terms of economic performance. It will be fascinating to see how the ecb addresses that. But you have the story when you look at rtx, ge, and 3m today. All the stocks are doing well. It is fascinating. We talk about what is happening with the end industrial economy of the states and is it counting back . Alix above 50 and they are being rewarded for the beat. It is a story that is exacerbated by the positive data. Guy are we talking about this just because tech has not arrived yet . Alix probably. Guy they will be out later. Are the industrials in position where they can take in peoples portfolios . Will w
Again as it opens an investigation into one of apples most critical suppliers. Details ahead. Plus we go back to the picket line as Hollywood Studios return to negotiations with actors this week to end the monthslong strike. But first, i check in on those markets, and boy, has there been some volatility, particularly in treasuries. Whats the read across here . Theres been tremendous volatility at the surface level, so much so, lets start beneath the surface. If we had been looking at this board an hour and a half ago, there would have been at least some red on it. But it flipped to the upside. Microsoft and meta, two of the mega cap companies. That are reporting this week. Microsoft tomorrow, and meta on wednesday. A big piece of this turnaround for sure from a micro standpoint. For microsoft, one of the keys could be their outlook for azure, the Cloud Business that was disappointing. Plus color on a. I. , for meta, its all about whether or not they can maintain mid teens growth. That
Welcome to daybreak australia. I am haidi stroudwatts in sydney. Annabelle i am Annabelle Droulers in hong kong. In the top stories this hour, asian stocks primed for gains after an upbeat day on wall street was job data supporting the case for fed rate cuts this year. Around 600 Japanese Companies as well report earnings later today. Haidi president xi pledging fresh investment in hungary as he receives backing for beijings pushback against overcapacity claims. Annabelle we are to the bloomberg tech summit as Silicon Valley leaders talk ai and much more. We will hear this out from snap ceo. Kicking off with breaking news this morning, we have perus central bank making its Rate Decision as forecast by most economists. We are seeing that cut coming through to 5. 75 earlier at 6 . We did action have a decline last month in Consumer Prices that sort of green lit what has been a secondquarter point reduction here but inflation last month slowing to 2. 42 in line with the Central Banks targ
For the nasdaq 100 flat on the day. The Dow Jones Industrial average still in the green. The vix relatively calm. Lets look at the bond market. This is where all the interesting action has been. We have the two year yield above 480. Youre seeing the direction of travel downward in yields. It is above what we saw in the 10 day low of 470. Still well above the mark. The 10 year yield at 448. New york crude at 79. Early up on the day. Gold spa still on the rise. Roadblocks plunging on weak bookings. The game a down more than 20 on the day. A tough day. Airbnb posting a weak outlook for the estate sector. Equinox up about 11 on the day. Much moves abroad. Bank of england held Interest Rates steady but set its clear interest indicating markets render pricing the pace of easing in the months ahead. Earlier, Francine Lacqua sat down with bailey about the next steps. Our forecasts are conditional on a number of things. We use of the market curve to set them up. It is important if we find the f