With Second Quarter volumes that may fall as much as 25 . Ap mollermaersk, the shipping company, said Second Quarter volumes will take a huge hit. You see a top german judge, one top german judge says the ecb is not the master of the universe and must be held accountable. This is Angela Merkel and Emmanuel Macron agreed to open the france germany border. U. S. Medical advisor Anthony Fauci ways in on the Market Sentiment, warning against reopening too soon. Stanley druckenmiller adds to the downbeat tone, saying the equity risk reward is the worst hes ever seen. Finally, a loss in the First Quarter. Putting aside one third of one billion euros for virus provisions. We speak with the chief Financial Officer between or lot in the next three minutes view minutes on the effect of the coronavirus. Ap mollermaersk, First Quarter revenue beating the estimate. 10 billion. 9. 57 billion in the First Quarter at maersk. The estimate was 9. 36 billion. The ceos who we are going to speak with momen
Go, it is the only index that is higher for the year. Lets bring back our investment strategist at allie on global advisors. Something romaine mentioned, the low volume. They, down about 14 versus average. In may and gosell away. How much can we rely on these doesnal trends to work, or that go out the window because we are in unprecedented times . Coincidentally, we are at a point where markets are at a bit of a crossroads here. We are just beginning this reopening process. Very much the coast of the country, where the High Economic stillnancial hubs are, largely closed. There is a lot of uncertainty on what lies on the others of this process. I think the market move does put us at a point where we may be priced to a very positive or at least the baseline stable scenario. You is interesting, and probably noticed this as well, but the dichotomy in the market from a sector by sector perspective is striking. Financials, energy, industrials. These are sectors you would expect to start movi
Has a safe haven . Taylor i have been seeing that. You take a look at the companies with great free cash flow, balance sheets, expanding operating margins. You take a look at the nasdaq 100, or the big tech, today was the exception, but coming into this, six of the last seven days, the nasdaq really gaining. Faang today outperformed even though it was lower. I have heard that tech is providing a little bit of a defensive position when it comes to the health of the balance sheets. Apples another Company Really leading today. In the in six of the last seven days, apple has gained more than 1 in every day. Share, it to 350 per saying the iphone 12 could start the road to recovery. He is confident that the eye of the storm is now in the rearview mirror, at least from a demand and supply chain perspective. You are seeing apple, some of the other big tech stocks really leading on hope and optimism. Emily meantime, big news potential in the food delivery space. Ubermmond reporting that has ma
Next, Technology Journalist and robert recount on the use of designing technology to increase usage in the book user friendly. The hello, friends. You only have to deal with me for about two minutes. I am the cofounder of postflig postflight, the place where you are right now, the company that builds software and all kinds of stuff. Beautiful website at postlight. Com. [inaudible] he asks me why im late on delivering the book and since they are so relevant to what we do here so you are seeing guilt and shame in front of you. [laughter] but with the talk of it about who is here. So, cliff kuang is an awardwinning journalist and designer. This is cliffs right here. He was previously the head of companies as was the defining editor. He worked in the u. S. For a company he is very much a practitioner and leader and writer and communicator speak up [inaudible] one of the leading cofounders so theyve written a book called userfriendly and it talks abo about. Its made people less powerful and
Roger ailes, has died. It is said he died from bleeding on the brain caused by a fault or he was 77. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Emily coming up, donald trump saying and fbi director could be named soon. And is it the end of the internet . The first moved to roll back neutrality. Alibaba profit takes a hit. Andill head to hong kong put the fourth gambles under the microscope. A message to big tech with a 122 million fine for facebook. How theyre are pushing for tighter web security by clamping down on social medias biggest players. President trump insists her have been no collusion with russia. Speaking at a News Conference with the president of cocoa pod of colombia, he said the accusations were ridiculous. Announceaid he will the new fbi director very soon. The legislative agenda hangs in the balance, including on issues like Net Neutrality. On thursday, the fcc voted to start to unwind