Businesses, so rates, foreign exchange, and emerging markets where they had benefitted last year from the very high levels of volatility. Well stay in the sector with the ceo seb leader when he talks about the Third Quarter profit. Heineken maintains is guidance even while warning of slow consumer demand and falling volume sales. Luxury giant loses its shine. The house of gucci has a drop in sales driven be i a slowdown in its north american market. And its split fortunes with the big tech mergers with microsoft cloud online. Alphabets revenue disappoints. Good morning again, everybody, and welcome to street signs. This time yesterday we had them flash pmi numbers come through, disappointing, going back to multiyear lows. Let me bring marginally positive data out of germany. Surprisingly german business morale has risen in october. There you have it. The piz Climate Index came in at 86. 9 versus a Consensus Forecast of 8 8. 7. Its a gauge of the upcoming months. That number has come in
Decline in the income. And daimler notches a beat, but the stock is in reverse in the early trade. Dont miss the interview this hour on cnbc. And a rally ahead of the key jobs report as investors look for clues on the feds next policy move. Welcome to street signs. We begin with apple shares being higher in extended trade after it posted a beat on the Second Quarter earnings and announced the largest Share Buyback in u. S. History 23. 6 billion net income or 1. 53 per share. It is still down 2 year over year revenue came in over 91 w billion. That was 4 lower from the year before despite the dip in earnings, apple authorized a 110 billion Share Buyback. The firm raises the dividend payout to 25 Cents Per Share overall, iphone sales fell more than 10 however, tim cook attributed that decline from previous period wearables is down and services climbed 14 . Investor tension focused on apple in china where rivals have been gaining market share. Revenue in that region declined 8 it was far
Investors are still concerned over chinas economic recovery even though there have been signs of stability creeping in. A sliver of good news from developers as we mentioned. Country garden and rishi sunak with them winning and sunak winning bondholder approval. Lets check in with the Stock Exchange of thailand in bangkok. Very little change. The dollar continuing the lurch higher there against the tide thai currency. The tourist numbers from thailand coming through and they are dependent on visitors revenue. The Bangkok Administration say 90 million tourists have visited the country so far and received 795 billion baht of revenue. You can divide that by 35. You lets get more on markets. The chief strategist at union bank there is here. How would you characterize the price action we are seeing in the Market Sentiment as we await the Central Bank Decisions . We would characterize it as a market is trying to transition the mindset from the disinflationary story focusing on Central Banks
Plagued the telephone you coast for two weeks. Final mandatory evacuation orders have been called off. At its peak it drove about 100,000 people on their homes. Global news 24 hours a day, powered by more than 2700 journalist and analysts in 120 countries. Im Alisa Parenti. This is bloomberg. And more of Bloomberg Technology is straight ahead. Emily im emily chang and this is Bloomberg Technology. Bitcoin bears the bubble theory. Our deep dive into the four day selloff. Plus, validating an apple arben myth. A real story between older and smaller iphones and he lawsuits turning to pile up. The battle between two chipmakers. A hostile take over. Bitcoin investors may be having a reality check. Cryptocurrency l two below 13,000 on friday. Bitcoin has lost those 240 this close but it is lost to 40 this month. They sent all buying and selling was temporary disabled after having delays in processing wire transfers and verifying new customers. These issues it reignite the question, are we in
Renominate anyone he wants installed. Steve bannon and Corey Lewandowski have been asked to testify before the house intelligence committee. The panel is investigating russian interference and the 2016 election. Neither one has responded. And the worst appears to be over for a Massive Wildfire that plagued the Southern California coast for two weeks. Mandatory evacuation orders have been called off. At its peak, it drove about 100,000 people on their homes. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. I am a alisa parenti. This is bloomberg. And more of Bloomberg Technology is straight ahead. Emily im emily chang and this is Bloomberg Technology. Coming up, bitcoin bears the bubble theory. Prices come crashing down. Our deep dive into the four day selloff. Plus, validating and apple urban myth, the real story between older and smaller iphones and he the lawsuits starting to pile up. The battle between two c