2945. Stocks in 52, 1 of the broadest surges forward since 2019. This shows you the performance of all three majors on a monthly basis. The end we are watching june are in any major reversal looking at three solid weeks for the s p 500, the nasdaq and the dow jones. May itsee what we saw in is a mirror image of what we saw in may. Blip for this year, behind for investors. In onl lets check back this chart that is hanging on by a thread. Interesting to see what happens. It is the 10year yield. Much of 2018 hanging out around 3 , even higher but the risk off volatility of the Fourth Quarter and investors moving into bonds moving all the way in to the lows here. Right now clinging to 2 at the bottom of the trend channel. You can see in the past highs where the support has been there there has been a backup in rates. 2. 3 orear could be higher. This is confirmed for even deeper below 2 . Right now it looks like there is a chance we could see a backup in rates with the momentum looking to c
Locking down its deliveries the keyes are drones to amazon locking down its deliveries . Shares tumbled at the start of the week after news broke these companies could be the target of antitrust probes. Are les case, they the department of justice is mulling an antitrust probe and has restriction over a potential apple pro. Meanwhile probe. Meanwhile, the ftc is looking at whether apple practices harm competition. Google makes up over half of digital ad revenue and their closest competitor amazon has 9 of the market. The digitaldominate ad market but does own up to half of ecommerce. We also learned a potential amazon probe fall under the ftc. The director of the enforcement policy and bloombergs Senior Editor for global tech join us for reaction. What we have is a political reality, not get a legal one. The tech environment is big, complex, and intimidating. So our two antitrust agencies have met to divvy up the playing. Ield, so to speak emily does this mean that they will or that an
We take a look at the ecommerce giants plan. Of top story, shares alphabet, facebook, apple, and amazon tumbled at the start of the week after news broke these companies could be the target of antitrust probes. In googles case, they are the department of justice is mulling an antitrust probe and has restriction over a potential apple probe. They now reportedly have jurisdiction over a potential apple probe. Meanwhile, the ftc is looking at whether apple practices harm competition in the digital market. Google and facebook make up over half of digital ad revenue and their closest competitor amazon has 9 of the market. Amazon does not dominate the digital ad market, but does own up to half of the ecommerce market. We also learned a potential amazon probe fall under the ftc. The director of the enforcement policy and bloombergs Senior Editor for global tech join us for reaction. Brad what we have is a political reality, not get a legal one. The tech environment is big, complex, and intimi
Plus alphabet and meta are in talks with Hollywood Studios. Canva takes on adobe users. Lets get a check on the markets. Lots of green on the screen. A nice way to end the week. The nasdaq tech heavy, the semiconductor index, both rebounding, moving higher after inflations expert patient Inflation Expectations data made us feel more comfortable with rate cuts. We are going to talk about this throughout the program. It is down one percentage point but on track to have its best week in a year. Lots to discuss with the potential of spot etfs with sonali basak. Lets go to the private markets. Bloomberg is reporting spacex is considering an offer that would value the company at 200 million. That is where a company allows staff, employees, and some early investors to sell the shares they already own, existing shares, to outside investors. The price is set by elon musk, the cfo, and a lead outside investor. We are hearing the price could be up to 110. You do the math and that would be a jump
Anna welcome to countdown everybody. First, we are going to hear from Credit Suisse. Were going to hear from roche. Mark it is a big day from roche as they report earnings. Anna we will speak to caroline about how the business is reporting. Anna sales rose 6 at a constant foreignexchange rate. We are confirming the for your outlook. Mark absolutely. We are waiting on the net income. Missing estimates come at 7. 22. We were looking at 7. 38. That is core eps. It is a really interesting day for roche. In terms of the sales forecast. This is a company that, over the last year, has really trailed the pharmaceutical sector. Anna comparatively, to the rest of the pharmaceutical sector. Mark 7 versus 32 . Anna 9. 2 4 billion, and ahead of the estimate. It seems to be a mixed bag when comparing sales and those estimates. The foreignexchange eroded. That is a very important conversation to have. Also it is interesting to talk about how they will keep a lid on their costs in the second half. The