Taylor the market darling of sparkling water is losing ground. Jason joel weber is with us. Joel we wanted to do this story in a summer issue. It is the zeitgeist of summer. One thing that has happened is consumers have shifted away from soda and embraced sparkling waters. They have encapsulated that and boomed. All of a sudden it has gotten competitive. Taylor we learned a lot about their competitors, mainly pepsi and cocacola. Joel they are owned by national a beverage and out as part of their portfolio. But going against cocacola or pepsi, once they opened their war chest and looked at sparkling water, they can say we know how to put that in a can. Jason that is coming in from the top, then you have craft beers and food, now it is sparkling water. Joel it is what they introduced the marketplace. They invented the category and rejuvenated it, and they are met on both sides. Taylor we learned as well about the founder and ceo, what is he like . Joel this is a person who came into his
Burgers. Taylor the market darling of sparkling water is losing ground. The aisle gets crowded. Jason joel weber is with us. Joel we wanted to do this story in a summer issue. It is the zeitgeist of summer. One thing that has happened is consumers have shifted away from soda and embraced sparkling waters. Lacroix has encapsulated that and boomed. All of a sudden it has gotten competitive. Taylor we learned a lot about their competitors, mainly pepsi and cocacola. Joel they are owned by national a beverage and out as part of their portfolio. But going against cocacola or pepsi, once they opened their war chest and looked at sparkling water, they can say we know how to put that in a can. Jason that is coming in from the top, then you have craft beers and food, now it is sparkling water. Joel it is what they introduced the marketplace. They invented the category and rejuvenated it, and they are met on both sides. Taylor we learned as well about the founder and ceo, what is he like . Joel
Breaking into a Legislative Council building. They threw a chair against the door and tried to break it. It looks like they succeeded. Toy still want carrie lam resign. David the chief executive went to give a speech and it did not go so well. They are not very happy. Alix the Legislative Council issuing a red security alert according to local tv. These are protesters in hard hats. Staggering images when it comes to hong kong. David a lot of unrest. Alix we will be speaking on the ground to our reporter. She will be later on in the hour. In the markets, it is trade deal optimism. It looks like we will have the s p open at a record. How long can this risk on rally rally last . At one point did hit another record intraday low. And crude really popping up over 2 . But what does it say about demand . We will examine that over the next couple of hours. David we will look at the entire week ahead. At 10 00, we will have manufacturing numbers for the month of june. Tomorrow, u. S. Automakers
limit. romaine: we saw them pretty much straight out of the gate. some of those losses did tempora er ale bit did temp little bit. sonali: u.s. futures still up, so at least the u.s. markets are shaking some of this off. romaine: we can csb futures up we can see s&p futures up about 0.5%. the end of the month basically erasing all the gains of the year on stocks. the 10 year yield was the big story of last week, really last month, hovering right now at about 1.54%. sonali: brent crude down. we have demand down in china quite a bit, so not surprising to see a drop in the price there. romaine: take a look at euro-dollar here, $1.1062. seeing a little bit of a decline today despite some relatively upbeat numbers only pmi level out of italy and france, as well as spain. when you took a look at your vincent: romaine: now for the versus pound, a bit of a different story. you re seeing a bit more of a bounce there. time now for the global bloomberg first take. exchange, where
And some comments from the dallas fed president that sound more hawkish than people anticipated. Optimismd a lot of being talked about. We have been asking why rates have not reacted. Scarlet lets go to Abigail Doolittle for a specific look. You really nailed it. S p, deeply in the red. We also have the fear index up 26 . The highest level since the election. The complacency in the markets we have had, starting to shift in the weekly declines, significant. The worst week since january of last year. February, since june of last year, it is a different story. Majorhe least of these averages. S p 500 since september. The worst a since the brexit. We can see this trading action. 2 . Ee the dow is down the worst day going to the brexit. This thing we are seeing today only highlighted by the brexit selling. Truly some true selling action. Sellings sellers taking control. Nasdaq, it has to do with the energy names. Goldman sachs down 4. 4 . Test are more strenuous than in the past. Apple havi