Company is hitting the brakes on operations. And later in the show, the city of San Francisco has a problem with the x logo from elon musk. It is monday, july 31st, 2023. You are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. We kickoff with breaking news from europe. We go to tatianajulianna tatelb the london newsroom. Frank, good to see you. Fresh numbers from eurozone with the gdp. The first estimate flash q2 has come in stronger than expected 0. 3 q on q growth over expectation of 0. 2 growth the year on year surpassed to 0. 6 against the expectations of 0. 5 why is this notable . Of late, industrial growth was weaker than the data stateside there was momentum building in the Manufacturing Sector that the economy is struggling. The gdp figures are better than expected and it will come as a surprise to investors. The caveat is the pmi which continues to show weakness in the eurozone the overall take away here is growth in the S
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