The fed chair today. Plus we have that earnings parade. Netflix surges on sub gains. Tesla, that stock is down. At t, blackstone, american airlines, they are all names that we will be telling you all about. And the ozempic effect. Nestle is looking to offset any future sales impact, now dropping products to accompany weight loss drugs. Lets begin with tesla. Among the biggest s p laggards in the premarket, the company did post a quarterly miss, including weaker than expected Profit Margins due to price cuts. Cybertruck was in focus. This is elon musk talking about it on last nights Earnings Call. I just want to temper expectations for cybertruck. Its a great product, but financially, it will take, i dont know, a year to 18 months before it is a significant positive capture contributor. Of course, musk did comment on all kinds of things beyond the company itself. Rates, of course. Macro, workfromhome, sort of echoing themes hes had before, david. I remember during our interview in may,
Howard weve all seen this movie before way too many times, its washington Melodrama Beloved by the media, suspenseful story, a ticking clock. Its a selfinflicted crises with a Government Shutdown hanging in the balance, and journalists start issuing dire warnings of all the people whod be hurt if the feds cant pay their bills. Talk about a waste of time, an endless parade of dysfunction. Its real americans who will be paying the price while the elect representatives who are suppose to be working for you, they arent doing that. A Government Shutdown that will leave roughly 7 million women and children without s. M. A. P. Benefits which means they could go hungry. Active duty Military Members will go without pay. Howard the warnings come true and the focus shifts to how long the politicians will keep squabbling before coming to their senses, or theres a last minute if deal. Thats what happened last night. And usually that means a stopgap funding measure, in this case about six weeks, tha
App store ruling one by epic two years ago. Caroline moments after candidates spark comic and security concerns for the app. More on that and the companys ecommerce cook ambitions. Lets check the markets. The nasdaq managed to push up more than a percentage point even in the face of growing yields. On the 30 year basically flat up one billy basis point. We had been at decade highs since 2010 on the 30 year. Maybe i correction with yields down on the front end. Weaker macro data on the front end trying to work out the direction of travel for federal and global Central Banks tackling stronger economies particularly in the u. S. The dollar pulls down after days of rallying. It may be a sigh of relief for some riskier assets at the moment. The dollar index is up by. 5 . Bitcoin higher versus the u. S. Dollar. Risk appetite building a little in the oji world of crypto. If we can shine a light on bitcoin high on the day up 3. 3 . Ed we have news and earnings. On the news side peloton has a c
A full the trip send space will started on the way to babble, got travel dab i tried to overnight from poland, unannounced, of course, for security reasons. And the trip supposedly a show of gem support for you, the training counter offensive against the russian occupation. A jeremy of course, being one of the keys biggest financial back as after the us. So what sort of signal is the German Foreign minister trying to send . I think is about carrots and sticks. On the one hand, she was posing more money, more humanitarian aid. I think behind closed doors, that was kind of risky. Talk about those tourist german long range cruise missiles of that. So in ukraine just pretty once from the german side. But it was a criticism of failure to really make progress on reforms in terms of corruption that has been proven and also been doing a lot of kind of controls leaving the country. And she was pretty direct in her criticism that theres a real sense that ukraine is kind of part of the european f
In around 15 minutes time. Hello. Welcome to the programme, were live until 11. Were going to talk about black friday later, which as you may know, is no longerjust a day but more like several days. Christmas retailers are doing their utmost to lure you in. Despite it only being the 21st of november, where i live, some houses already have their Christmas Lights out the front. Fairy lights are on the front of their homes. Why, is my question. It is the 21st of november. Ru one of those households. Please tell me you have done this. You are definitely in danger of beating too soon. You can send me photographs, too. Use the hashtag victorialive and if you text, you will be charged at the Standard Network rate. A little later in the programme, well hear from the british explorer Benedict Allen, whos back in the uk after being rescued from thejungle in Papua New Guinea where he was trying to reach a little known tribe. Watch his first tv interview after 10am. Our top story today. The bbc un