He will appear by Video Conference thursday to face parole commissioners. Global news 24 hours a day. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. I am Caroline Hyde from london in for emily chang. This is Bloomberg Technology. Recordup, netflixs secondquarter. Why content is king as tech earnings get underway. Uber fit for business . The west coast had joins us to discuss the business platform and rebuilding the Company Culture without a c. E. O. At the wheel. The highs and lows and hacks affecting cryptocurrencies. We dig into what is driving volatility and the bitcoin selloff. Netflixs secondquarter has seen the Company Shares climb 30 . The streaming service delivered adding 5. 2 million streaming subscribers with a big portion of that coming from outside the u. S. Shares are rallying in afterhours trading, up 10 . Cory johnson joins us from San Francisco. Completely smashing it on the subscriber side. Now it seems they have 50 50 when it comes to internatio
Gorgeous layered its of wrestling . Have you seen it . I have not. Well see how thats affecting subscriber numbers and whether or not they are hitting peak netflix right now. What will to expect coming up here. A lot of competition. Procter gamble taking on activist investor nelson peltz and why the Consumer Products company is fighting back and whether it can be successful well get into that coming up. And why the Health Care Bill remains uncertain. New reports say that tax reform will actually move much quicker. We have details on that coming up lets start though with the big week for earnings. We have black rock shares under pressure at this hour after that disappointing Earnings Report this morning leslie picker steps in with details on that. Leslie. Reporter hey, bill, thats right. Blackrock raked in 104 billion during the quarter to put that into perspective, its qt funds were stand alone they would be the 26th largest in the u. S however, 80 of that comes from money going into b
If it closes up higher again today that will be eight days in a row of gains thats the first time the nasdaq would have done that since february of 2015 got a whole lot of earnings coming out that will very likely influence where we trade today look at the dollar dropping to a tenmonth low against a basket of currencies the euro rising above 1. 15 for the First Time Since maze of 2016 look overnight in asia the nikkei down by 0. 6 . Markets in china were higher with the hang seng up 0. 2 the shanghai up by 0. 3 . In europe, in the early trade, you will see dax is weaker down by a half percentage point. The cac is down by a third of a percentage point markets flat in london with the ftse sitting just fractionally higher lets get you through the big corporate story of the morning netflix shares soaring to new highs. The company added 5. 2 million new streaming customers in the Second Quarter thats 2 million more than wall street predicted most new subscribers came from foreign markets. T
Some pressure across the board the nasdaq seven day win streak is in danger of getting cut short. It would be the longest win streak since february of 15 when we had ten straight mike santolli, another bifurcation in the behavior of the financials and tech today. You are seeing. That it seems on net the earning thats we have seen have not really given you reason for companies specific optimism. Goldman sachs trading down maybe just nothing fresh thats going to get your attention on the bullish side and then Johnson Johnson is holding up then you have the overlaf, you know, in Congress Things seem like theres not a the love forward omentum. Even though people think are going to get to tax reform the dollar weakening so much just throwing a lot of the macro stuff into flux. Bond yields down again usually not a bullish sign. At least its not the mine numbing lack of range we had yesterday. Yeah. Both on the major indices and the vix. That was creepy almost. Its exactly like suspended anim
That collection arrived at the 135th Street Public Library 90 years ago. He was a bibliophile who migrated from puerto rico in 1891 found a job on wall street work in the mailroom saves his pennies and worked really hard and bought anywhere are unique but he could find that was by or about black people. He eventually became famous for this collection. People would go to his home in brooklyn to see the library to borrow from the Library People like Langston Hughes and eventually people like and when the librarian at the library and library decided she had a lot of lack patrons coming to the library and a large immigrant community at the time she said ive got to find material for my patrons and ultimately schombergs collection of 5000 items was purchased by Carnegie Corporation and a variety of 90 years ago and made up the core of what now today is a 10 million item collection at the Schomberg Center. Host how did the Schomberg Center end up at 135th . Guest this was the settlement zone