Nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Television. Lets get straight to the bloomberg first world words. Falling for the night stay in a row, its longest losing streak in a year. The dollar has strengthened against all of its major peers. This is after janet yellen said on friday that an Interest Rate increase is likely. Japanese shares rose, while chinese retreated. Bonds are closed worldwide monday. The yen has sunk to a one month low against the dollar and japanese shares are set for thei r highest close since may. Growth stalled in april, increasing the likelihood of a delay. European truck maters, including volvo, will face the biggest cut in european history. The penalty could be imposed within weeks. Thepaper reports that charges relate to ris pricefixing. Group. Has quit the thecompany has accepted resignation. Noble shares have plunged 60 in the last year, what questions about the Accounting Practices during the
Peter thiel strikes back, we will bring you the full story on how he has been secretly funding hulk hogan in multiple cases against gawker. But first, this week saw new alliances forged between traditional automakers and the right hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players in the space, the worlds biggest car brands are hoping to secure a place in the future. Toyota tied up with uber and vw took a stake in get. We take a look across the ridehailing space to see who is leading the pack. Carmakers are choosing sides in the right hailing wars, this week alone volkswagen invested 300 million in get and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors today 500 million stake in lyft and , lets not forget apples billion dollar bet on didi. Which of the red which of the right halos are leading the pack . F
Registration website last night less than two hours before the deadline. Despite Hillary Clinton now being the democratic partys presumptive president ial nominee Bernie Sanders still is not 100 , percent in her rearview mirror. Sanders says he will continue to make his case through the final primary and washington, d. C. , next week. Mrs. Clinton does not have the endorsement of president obama, at least not yet. That is expected to become soon but White House Press secretary josh earnest says it will not happen before the meeting at the white house between president obama and senator sanders. Powered by over 2400 journalists in 150 bureaus around the world, from new york, i am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Emily coming up, meg whitman takes stock. It has been eight months since the hewlettpackard enterprise ceo oversaw the historic that of hp. Plus, if she is not supporting truck, will she endorsed Hillary Clinton . Amazon
This is the worlds most valuable company. It released earnings after markets closed in the u. S. Shares rose postpostrelease, and post market of both postrelease and post market. Numbers are falling. Unit look at revenue and thatts, profits were not good. Several billion yet less than last year. Iphone t means that the model, peoplest were doubting whether it was a little too expensive for but it pickedts, up traction. That seems to be what is saving apples numbers, especially when you look at projections. 45 point 5 billion 45. 5 billion. That is the bottom end of the target range for apple, if you look at the projections. As far as that is concerned, it seems to be over growth. Sales are falling. Another thing to mention, the cfo basically said at the start of this, for the past quarter, they were not able to keep up with demand. Now they have put in the necessary capacity to meet back up demand, so they do expect this for the next three months. The iphone is still the most important
To that vote. They have turn into small losses for the industrials. Down ten points. Nasdaq holding ton a very slim gain of about 4 at 4847 and the nasdaq is higher by 1. 6 . Lets kick it off with the first of those bs and that is the brexit vote countdown. We are just 12 hours, 59 minutes, 11 seconds away from the vote opening up in the uk. The polls do seem to show rather even split for stay or go. Perhaps the market and the wisdom of crowds is selling more of a stay story. The uk stock market having a great run lately. We pointed it out yesterday. Were up again today. Four days in a row of gains for the uk. The banks doing especially well. Barclays, for example, up 10 over the past week. Some of the other ones, lloyd banking group, prudential have also done very well. Lets look at the british pound. Its been on fire lately. In fact, a few days ago the pound had one of the best days in a decade. As you might imagine, were going to have lots more coverage of this brexit vote you might