Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into the price theres Everything Else is just sexy brand, elon cult personality who of course deserves all the credit in the world he adm
The Fatal Shooting this past spring of breonna taylor. Two police in her hometown of louisville, kentucky were shot after they were called to an area downtown yesterday. Police announced a curfew for the next two nights. The officers injuries were not lifethreatening. Police say they have made nearly 100 arrests in the city. There were also protests in new york, chicago, atlanta, and seattle. Bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Stocks reversing initial declines. Strong housing dated today and speculation of a new round of economic stimulus. We will discuss with tracy ahearn. It is one of the largest deals yet. United it was via United Wholesale mortgage valued at 15 billion. We will speak with mat ishbia
Winds still 5 to 15 mph. They will stay fairly gusty today. Mainly around 15 mph and gusting to 20 or 25 mph at times. We have a mix of clouds and clear skies this morning with even some rain showing up in southwestern iowa. , but we will be mainly sunny today. And stay cool. Highs in the 50s with those toward the freezing mark tonight and will have frost by morning. Ill have more on that in a few minutes. We begin with decision 2016 one surprise leads to possibly we begin with decision 2016 one surprise leads to possibly another one down the line. In last nights debate, donald the results of the election if he lost. Tracie potts is in las vegas with a look back and a look ahead this morning. Trump whos repeatedly called this election rigged declined twice to accept the results if he loses ill tell you at the time. Ill keep you in suspense. Thats horrifying. Are you serious . You think that if someone commits fraud they should accept the results regardless . Cmon his team. Hinting it c
Here now with your storm track seven forecast. Temperatures are cooling into the upper 30s to mid 40s this morning with north winds still 5 to 15 mph. They will stay fairly gusty today. Mainly around 15 mph and gusting to 20 or 25 mph at times. We have a mix of clouds and clear skies this morning with even some rain showing up in southwestern iowa. , but we will be mainly sunny today. And stay cool. Highs in the 50s with those gusty northerly winds. We drop toward the have frost by morning. Ill have more on that in a few minutes. Decision 2016 if Hillary Clinton wins the election, donald trump may not aceept the results. Trump refusing to say whether hell concede if he loses. Nights third and final president ial debate. You will absolutely accept the result o tfhis election . Im not looking at anything now, ill look at it at the time. He is denigrating, hes talking down our democracy and i for one am appalled. This all coming as he continues to say he believes the election could be rig
Gores Holdings IX (NASDAQ:GHIX – Get Free Report) and Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) are both small-cap unclassified companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, profitability and institutional ownership. Analyst Recommendations This is […]