Number came in a confused everyone. Julie we are still seeing troxel stocks trade lower. Eurozone, wethe get manufacturing data that was not worse than expected but only , justsmall expansion above the 50 line. In the u. S. , the number came in ahead of estimates and was not that far above 50. Nonetheless, we are seeing not a positive reaction. The nasdaq is leading in terms of gains. Its not even of one full point. The dow and the s p have been lower intermittently. The dow is the laggard just like yesterday. The s p 500 over the course of zigzag,had a kind of almost going positive at one point midmorning before dropping back down. June has not been a very favorable month for the s p 500. This is a busy screen so focus on this column. This is the june column. The average decline in june over the past 10 years has been 1. 5 . Six of the past 10 june 7 negative. It has not been a kind month. Worstays session, the drags her in the s p 500. Apple, microsoft, General Electric are all slidi
Denies any involvement in the airstrike. A senior u. S. Official says about 16 military personnel have been disciplined for mistakes leading to the bombing of a civilian hospital in afghanistan last year. The Service Members received administrative punishments. No criminal charges were filed. A moroccan born man arrested an investigation had specific orders from the Islamic State to carry out attacks in rome. Allegedly planning to move from oman to isolate territory. Emily im emily chang and this is bloomberg west. Coming up, amazon shares surge after sales topped estimates. Jeff bezos is showing investors he can deliver profits and keep his side projects. Linkedin surprised the industry with the earnings be. Shares popping off the news. Could the company not be as dire as beer. And an interview with biz stone. First, to our lead. Amazon shares popping 12 in extended trading. The ecommerce giant reported a firstquarter revenue of just over 29 billion. Operating profits were 1. 7 billio
Islamic state to carry out attacks in rome. Authorities arrested the man and his wife. They were of the allegedly planning to move from their home in iran to i sold territory. To isil territory. Im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Up, amazon shares surge after sales topped estimates. Jeff bezos is showing investors he can deliver profits and keep his side projects. Less, linkedin surprised the industry with the earnings be. Shares popping off the news. Could the company not be as dire as beer. And an interview with biz stone. First, to our lead. Amazon shares popping 12 in extended trading. The ecommerce giant reported a firstquarter revenue of just over 29 billion. Operating profits were 1. 7 billion. Amazon web Services Continue to be a juggernaut for the company. The Cloud Computing arm is generating over 2. 5 ilion dollars in revenue, and 64 yearoveryear growth. This adds to evidence that the company can be profitable while add
A lot of the traders still think that the trend remains to the upside. All three of the major averages have up arrows. Around 1812, 1814. We were watching for that as well as in the meantime, higher at the moment, watching this treasury balance. That is a big deal. Manufacturing data came a better than expected. The fed is going to us stop the bond buying and people selling of bonds quickly. New highs for Great Companies. Goldman, 90, American Express to microsoft ball hitting new highs. Jo ling kent over there. 17158 is the height. 8653. And then i cant leave out nike. So those are the highs of the day. Watching that very closely as well. Adam Opening Weekend was a disappointment. For the first time in at least seven years retail spending dropped over thanksgiving weekend. That is according to the National Retail federation. The early numbers showed total spending fell nearly 3 from last year. Expecting sales to jump. Lori hilton that tells looking to raise big bucks in its initial Pu
Carolyn Everson, a director on Disney’s board since 2022, appeared on CNBC earlier responding to many of Nelson Peltz’s (of the Trian Group) criticisms of the current management at the Walt Disney Company. What’s Happening: Carolyn Everson, a board member at the Walt Disney C