Good Tuesday Morning welcome to squawk alley. Were at the New York Stock Exchange joining us this morning from palo alto, cofounder roger m k mackname is google hit by this fine by unfavoring the search results over rivals . We talked to the eus commissioner for competition earlier this morning heres what she said well, the fine is a reflection of the abuse and how long the abuse has taken place and, of course, the importance of the Different Actors in this market and we find this abuse has been taking place since 2008. But also that it has taken place in every european country where google shopping has been ruled out. And that, of course, is a very serious matter and that is reflected in the level of the fine. Our google, roger, would argue it is also serious although they say they respectful respectfully disagree and are considering option onz appeal. What did z. This mean . I think, carl, there is an interesting sest tests coming in front of us. First of all, google, facebook, amazo
A meeting of this kind. Also this hour, an emotional tribute from the father of the youngest manchester terror attack victim. Saffie roussos was one of 22 People Killed in the attack at the Ariana Grande concert. Today would have been her ninth birthday. She was so soft and gentle On The Inside Butjust so strong in what she wanted, and she wanted to be famous, she wanted to be on stage, she wanted to be Ariana Grande, the way she is now, that was saffies dream. A survey by bbc 5 live indicates more than a third of premier League Football fans regularly watch games online via unofficial streams. Good morning, its tuesday the 4th july. Welcome to Newsroom Live. North korea says it has successfully launched an Intercontinental Ballistic Missile. The range seems to have been much greater than in previous tests. If the claim is true, the missile could potentially have the range to reach parts of the United States. State media said the Landmark Test was overseen by the north Korean Leader ki
Welcome to bloomberg daybreak europe, our flagship morning show in london. Im manus cranny. Breaking news coming in across the bloomberg, this time in regards to you. It is on the path to try to take over huntsman, and we have an activist investor which in part is run by keith meister. Iny have taken a 5. 13 baked , if you wonder about activism, this is the personification of it again. Clarion has noted the investment from cortex, they say that they have had regular contact and they are open to dialogue along with all other investors. This is an acknowledgment in regards to that investment, that morph than 5 holding. They say they are and regulatory discussion. Happy fourth of july. If you are having a late summer, good morning. Have a look at this, have we finally capitulated on the dollar, or have we over arched . I am talking about the hedge funds. They have decided that it is finally time. Arenet short positions negative, this is the First Time Since may,m this 2016. The bloomberg
Oh, snap, oh, oh good morning and welcome to Worldwide Exchange on cnbc im sara eisen. Good morning from me as well. Lets check in on Global Markets, show you what Global Equities are doing after the nasdaq outperformed the three major averages, which were little changed, though you did see big moves, lower for instance in retailers. Walmart was the biggest drag on the dow yesterday. Prime day kicked off last night. Well get to that in a moment. Dow futures are higher, though s p futures are little changed, down less than half a point. And nasdaq futures are down about five points. As for the 10year treasury note yield, lets show you where we stand. We had yields come off recent highs yesterday, though not meaningfully, and were still sitting below 2. 40 on the 10year yield. Still multiyear highs. Yields moving up again today. Seemed like yesterday in europe it was single day of yields slipping a little bit. Data out of asia car sales returned to growth in june with total vehicle sales
The tech rally still has room to run. Thank you. See how that works. Intels chief Financial Officer bob wan is back with us, talk about the chip anchors better than the expected earnings and concerns at rival amd could be taking a bite out of its business. They had to defend themselves on the intel Conference Call. Some of the analysts asking about that tremendous competition from amd these days. Yeah. Well ask him about that so lets begin with amazon still weighing on the tech sector. Bertha coombs has more. Reporter following that earnings misamazon seeing its worst day since early june selling off on pretty strong volume and thats providing the biggest point drag on the nasdaq 100 but amazon is coming off an alltime high just yesterday and shares are still up fractionally for the week and in fact up 6 with one more trading day left here in the month of july. The impact on bigcap tech is somewhat muted the major tech indices are down fractionally and treating volume actually isnt ref