We start with alexa. Love it or hate it, you could soon be hearing a lot more from amazons talking Virtual Assistant. The tech giants unveiled a huge push to get more of us using it, building alexa into a range of gadgets from glasses to earphones and even a ring. Youll even be able to give it a celebrity voice. More on that in a moment. But first, artificial intelligence, whether its alexa, or apples siri or google assistant, is entering our homes and lives at a rapid pace, all the while gathering such valuable data on our habits. Now, by 2024, the global Smart Home Market could be worth as much as 151 billion. One in six americans now have a Smart Speaker in their home, that is a 28 rise since the beginning of 2017. And so far that industry is dominated by amazon. It has around 75 of the Smart Speaker market, with its biggest rival google lagging way behind. Its hoping to grow that market share even further by giving the devices a voice that we know and trust. Just like we practised,
And japan sign a limited get it resolved, so we can focus on trade deal we will be looking at what it covers the priorities that the british and what it means for global trade. People keep telling me when i travel and on the markets asia stocks gain as trump around the country that they want to focus on. Talks up china trade deal. We have just seen a little bump. The ftse up just a we have just seen a little bump. The ftse upjust a smidgen. Want to make the most out of your Airline Loyalty points . Well, theres a guy to help you do just that. The points guy and well find out his top tips. After amazon announced alexa will have an option for celeb voices we want to know would that make you more likely to buy a Smart Speaker . Whose voice . Do privacy issues worry you . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. We start with alexa love it or hate it, you could soon be hearing a lot more from amazons talking virtual assistant. The tech giant has unve
Stay with bbc world news. Plenty more on all the stories we have covered on the website whenever you want them. Now on bbc news, live to singapore for Asia Business report. Trade war impact. China reports its latest exports data today. And samsung has Just Launched its latest exports data today. And samsung hasJust Launched its latest device, with 56 technology. Hello and welcome to Asia Business report, iam sharanjit and welcome to Asia Business report, i am sharanjit leyl. We start with china, because later this morning we will get more evidence of how the trade war with the us is impacting the worlds second largest economy. The countrys july the worlds second largest economy. The countrysjuly exports are expected to have declined by 2 , year earlier, falling for the second month in a row. At the same time, imports forecasts have contracted more than 8 . Todays data comes after a week in which both the us and china stepped up the trade war. Last friday the Trump Administration said i
And small caps are outperforming. Joining us for the hour is steve grasso taken by semis, is is that ahead of micron, g20 . I think that it is a bit of both bullard was not bullish. Market was expecting one thing, not the other. And micron is after the bell, so people are getting ahead of that people so either earnings or semis, chicken or the egg there, but that took us down. Something the bears point to, semiconductors are traditionally a tell on the economy and they are not at record highs. I think that they are still in correction so if you had to poll everyone now within the marketplace, people are going to err on the side of growth is slowing. Cant find anyone that says growth is ratcheting up. So these have been the bullseye for growthand they have been your cautionary tale thus far within the marketplace and with g20 and with china and everything all encompassing. Microsoft also suffering. Ten year back below 2 all factoring into the selloff lets drill into the big stories. We
This after a day of trading that saw s p 500 hit another alltime high, second straight day of record. Meantime investors are cautiously awaiting upcoming earning season with 80 of s p 500 Companies Reportedly cutting earnings forecast. Joining me research chief macro strategist lenor hawkins, what is driving the market to plus side if you watch the bond market, 10year yield falling and closing below 2 yesterday and then you this percentage of s p 500 Companies Cutting their earnings forecast . This is really all about the fed in the hope that easy money will keep prices going up because this has nothing to do with fundamentals, if you look at what happened at first half of the year, s p 500 rose 17 , the strongest first half of the year since 1997 but if we look at earnings, if we look at whats going on with the fundamentals, earnings declined 4. 4 for the s p 500 for the First Quarter and expect today decline negative 2. 3 in second quarter, you have prices going up while the actual r