Good wednesday morning welcome to squawk alley. Im Carl Quintanilla along with Morgan Brennan here at the New York Stock Exchange. One more day of jon fortts time out west, this time in san diego at qualcomm headquarters 58 points only for the dow but well begin with uber and the expiration of that post ipo lockup period meaning that an estimated 90 of shares are now available to trade at a new record low in the stock today. It was off the lows but down another buck and change means its hanging on to 26. 78. Foundation partner paul holland is with us along with mike isaac of the new york times, author of super pumped, the battle for uber. Good morning, guys, good to see you both. Good morning. Hey, hey. Mike, because were all trying to gauge the interest in owners alleviating themselves of shares in this expiration, do you get the sense that they want to sell or are shares so underwater that theyre going to hang on . Yeah, you know, its been kind of mixed. Theres a lot of employees ive
That is all pretty good. And ready to walk away. Talks, and the demand for a massive divorce payment. Eu leaders meet in brussels to define their negotiating position. This is bloomberg surveillance. Im Francine Lacqua in london. The president travels to israel and then on to the g7. Nato,o has a meeting with but lets check on your markets. We see a little bit of impact, following the bloomberg interview on oil. Equity is trading pretty much unchanged, a little bit calmer. Oil at 54. Lets get straight to the bloomberg first word news. Donald trump has told arab leaders that the war on terrorism is not a fight between different faiths. He also called for middle eastern allies to not wait for americas help to crush terror groups. The speech was emanmeant to declare that this is not a war on islam. When young muslim men and women should have the chance to build a new era of prosperity for themselves, it has to be done and we have to let them do it. Summitds help, this will mark the beginn
Andeconomic data today again that look at the Second Quarter gdp will be a nice template to get from 8 30 new york time out to 10 00 a. M. In the headlines, and then to the yellen speech at 11 00 a. M. Francine we have gdp figures out of the u. K. It was breaking news. Pound a little bit stronger on the back of that. Lets get to work first word news. Southeast turkey, kurdish militants have attacked police. At least eight Police Officers were killed and 70 others wounded could all of this is according to turkish authorities. Resume violence resumed between police and meanwhile u. S. Secretary john kerry and Russian Foreign minister meet again today to try and find a resolution in serious civil war. War. Syrias civil turkey launched its biggest military operation in syria and trying to drive islamic militants away. In russia, Vladimir Putin has ered snap military drills Angela Merkel accused russia of breaking international law. Take has threatened to very serious measures after accusin
Michael mckee in london. We have a very busy week and we Start Talking about yields an Economic Indicators that disappointed. Michael we are starting to get ahead of the fed meeting on wednesday, the bank of japan on thursday. The bank of japan is a wildcard and it is having an impact on the market. Tom heard that vonnie quinn had been on assignment for several weeks and said he is not coming back until she returns. Nobody told him. She is back. Francine i thought he was getting caught up on game of thrones. I am sure he is also looking at jgbs. Isnie president obama pitching American Business today in germany when he spoke at a trade fair in hanover. So here we are proud to showcase americas commitment to innovation. You will see pioneering countries that are changing the way we live, work, learn, so this is another chance for me to tell everyone to come here and by made in america. The president also said Companies Looking to create jobs should set up in the u. S. The president is wr