Expect sluggish growth. He said he wants to take that think about and rates. Oil is currently unchanged. It has been bouncing around all morning long. Yesterday falling to as low as 42. 75 a barrel. It is entering a bear market, the 21 to its peak, and dollar coinciding somewhat with oil. That is holding your a onemonth high, gaining as much as 1 over the past two weeks. Lets get an update on what is making headlines outside the business world. We are checking in with them on first world news. Has won theel special election for the house seat in georgia for the gop. She took 53 of the vote against democrats. Democrats have hoped to capitalize on debt President Trumps low approval rating. In london, the queen said the government will try to maintain its subtle relationship with european allies. She outlined Prime Minister theresa mays legislative agenda in her annual speech department. Queen carried on without her husband, prince philip. He was hospitalized for an election. In saudi ara
Earnings come in slightly above estimates but heres the kicker. Analysts slashing expectations over the last few weeks. Is mr. Dudley delivering for investors . German carmakers set to be closing on a deal that would provide hardware fixes for diesel cars. This could add as much as 5 Million Euros to the cost surrounding the scandal. Willis be enough for politicians and the public . We are not done with car news, are we . Matt no speaking of german carmakers and french, british and american carmakers, General Motors has completed its sale, closed its sale of opel and vauxhall. The french group that controls so General Motors closing the sale of german brand and british. Rand of its cars here very interesting headline coming across tsa, opel vauxhall, operating Free Cash Flow by 2020 and targeting an operating margin of only 2 by 2020, only 6 by 2026. Far asot so bad as european carmakers are concerned. Not luxury carmakers, i in used to the u. S. Margins of 10 , but that is with the gi
It is still unclear if the person who died as a strafford is a staffer or contractor. Global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. Im a, and this is bloomberg alisa parenti, and this is bloomberg. Emily coming up, tesla posts smaller than expected losses for the second quarter, but investors are looking ahead of the curve. The big focus on model 3 production, and whether the car of the masses cuts into teslas luxury car. And unleashes its potential after completing its fastest test yet. I spoke to the companys cofounders about what they learned and when passengers will be able to take a ride. And square continues its banner year with a better than expected secondquarter. We will break down the Earnings Report with ceo jack dorsey. First, to our lead. Tesla shares swinging and lay training after reporting secondquarter earnings. Last thaner lost analysts expected. Revenue is also better than expected, at 2. 8 billion. The question now
It is still unclear if the person who died as a strafford is a staffer or contractor. Global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries. Im a, and this is bloomberg alisa parenti, and this is bloomberg. Emily coming up, tesla posts smaller than expected losses for the second quarter, but investors are looking ahead of the curve. The big focus on model 3 production, and whether the car of the masses cuts into teslas luxury car. And unleashes its potential after completing its fastest test yet. I spoke to the companys cofounders about what they learned and when passengers will be able to take a ride. And square continues its banner year with a better than expected secondquarter. We will break down the Earnings Report with ceo jack dorsey. First, to our lead. Tesla shares swinging and lay training after reporting secondquarter earnings. Last thaner lost analysts expected. Revenue is also better than expected, at 2. 8 billion. The question now
Teslas luxury cars. And the square continues its banner year with a betterthanexpected quarter. First our lead, apples shares surged to record highs. The figures called and analysts concerns that the new iphone may be delayed. In a phone call with ceo tim cook, he told me that more users are waiting to upgrade to reports about the new iphone. He said it feels like the rumors are much larger and more frequent this year than in the past. We do believe that has created a pause. It is likely larger than previously. We broke down the guidance and earnings with the julie ask. And our bloomberg gadfly cheryl. There is a lot to look forward to hear. On the one hand, the market is going to grow about 50 , so over the next five years, so there is a lot of upside in that market. There is a lot more to come with the smartphone needing a bigger ecosystem in peoples homes, a lot of upside to come with things like virtual or voice assistants, and then there is all of the services they sell, whether i