Outside the palace of westminster where next week the m. P. s return from the whole of this for a dramatic do new more of the bracks struggle no one really knows whats going to happen those early number of permutations but if anyone can help us understand that my guess the big computer or Steve Ritchie was to double the of political commentary welcome to. Peter if only knows the inner workings of the conservative party you do so what is going on with Boris Johnson the snow is he actually wanting a deal or is he just appealing are an election plot for mr johnson i can assure you really wants a deal its a very intelligent man hes been a brussels correspondent 30 years ago he understands how europe works and i know that because ive talked to quite a lot over many years he knows no deal is going is the work road to do a road to industrial devastation in this country he knows the language of europe as well he can talk to donald tusk we saw that over the weekend he can talk to the diplomats
Merger deal with pfizers generics unit. And disney domination. The studio breaking an alltime record for annual box office earnings, and of course, it is only july. So, theres a lot for investors to digest this week with stocks at record highs. Jim, coming off of those on friday, you were out, but a lot happened good to have you back. Thank you the starbucks calls kind of the emblematic of what happened this quarter. Starbucks had run big. So you had to figure, no matter what, how could it really move then it goes up big dollars because its better than expected, better than feared what were seeing are companies that we were worried about because stocks have run, and then the stocks do okay. So, this is a short sellers dilemma. Lets say youve been betting against companies because you truly believe theres been an earnings deceleration. If earnings just stay in line, the stock flies. If earnings are a little bit below, the stock doesnt do anything. Right. So, theres just this kind of bid
Intelligence. The asset arm is planning to invest in Machine Learning hedge funds. Tesla shares are climbing in after hours trading. Looking at the largest gain this year after they set a new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. This is all due to accelerated shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an internal memo last week that the company was close to setting an alltime record, urging them to go all out in the last few days of june. Joining me to discuss is bloombergs max chafkin in san francisco. Onset, craig trudell. From my perspective, it seems like across the board. Are we finally in the all clear . Max on the model three side, this quarter was a blowout quarter and i think exceeds everyones expectations. He sort of had this up and down quarter where we had a trough of everyone getting
J. P. Morgan chase is expanding its use of Artificial Intelligence. They are planning to invest in Machine Learning hedge funds. Climbing in are after hours trading. A new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. Accelerateddue to shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an internal memo last week that the company was close to setting an alltime record, urging them to go all out in the last few days of june. Joining me to discuss is bloombergs max chafkin in san francisco. Trudell. Aig from my perspective, it seems like across the board. Are we finally in the all clear . Max on the model three side, this quarter was a blowout quarter and i think exceeds everyones expectations. He sort of had this up and down quarter where we had a trough of everyone getting concerned about demand for the model thre
Vix at 16. Jpmorgans point this morning was typically, you have the s p down two plus maybe a dozen times since covid. Couple of those were in the depths of covid but generally, its when the vix was about 20 unless we get a shock, maybe the selling is going to end soon if youre looking for why today, theres a slew of reasons. Started overnight in china with weaker Economic Data across the board even though we got a rate cut there, which should be supportive top data in the u. K. And in the u. S. , the data was mixed retail sales, a lot stronger but markets quit trying to figure out whether good news is good or bad news is bad because it keeps the feds hiking rates higher for longer that 1 control group number that feeds into gdp, thats something people were talking about for a monthly gain that was double the expectation and signals the consumer is still in good shape even though we got new York Manufacturing going back into negative territory and showing a lot of pain there you see go