And gilt yields higher. The soft july u. S. Inflation print sees the highest week as markets now decide the fed is all but done with hiking rates. And x corps Linda Yaccarino has full autonomy and tells cnbc in the exclusive interview that major advertisers are returning to the platform. As we go through the plan that it stuck with us and brands coming back. Are they coming back . Cocacola, visa, state farm c theyre coming back. Good morning welcome to street signs. It is friday im going to bring you breaking news that we have from the monthly report this is the oil report ill bring you the major headlines which have come through. Mainly the iea says Global Oil Demand is still set to expand by 2. 2 Million Barrels a day in 2023 that is steady from the previous forecast World Oil Demand will hit a record 103 Million Barrels per day in june and august could see another peak that is interesting. They have, however, lowered the 2024 Global Oil Demand forecast to 1 Million Barrels per day t
Latest filings around the governments request for a protective order by scheduling a hearing for friday morning at 10 am sharp that is not what the former president s attorneys were hoping for after judge chutkans initial order to set a hearing by the end of the week Trump Lawyers responded by complaining about their obligations in their other federal case, and then offering availability next Monday Or Tuesday. While the former president is not planning to appear in fridays hearing, he doubled down on the very behavior at the center of it all in New Hampshire earlier today. How can my corrupt political opponent, crooked joe biden, put me on trial during an Election Campaign that i am winning by a lot . And forced amy nevertheless to spend time and money away from the Campaign Trail in order to fight bogus, made up accusations in georgia. Thats what theyre doing. And well be able to go to iowa today, i wont be able to go to New Hampshire today because im sitting in a courtroom on bowl s
Disney also in focus this ahead, of course, that will be an after the bell Earnings Report but the companys espn unit striking that deal with ten entertainment. We will keep an eye on eli lillys record run sparked by not just its diabetes drug but also that very encouraging study in terms of the broader impact of those weight loss reduction drugs. Also an upgrade this morning jeffries. Thank you start with disney and that espn Sports Betting deal sounds like this morning that you wonder why markets not making a bigger deal of it on the disney side. Yeah, because i think one aft things theres 55 Million People who play fantasy. What people usually do is they have their lineup, they put their team on the espn site, but then they go to draftkings to play daily fantasy and daily fantasy is huge in this country now, i think Jason Roberts has done a fantastic job at draftkings, and disney had a stake, but now i think youll stay on the disney espn site to do your gambling and that is very pow
exactly. all right. thank you all very much. ana cabrera picks up the coverage right now. right now on ana cabrera reports, five big tech ceos about to facing a grilling. they re set to focus on capitol hill in moments. are they prepared to make real change as cases of exploitation online skyrocket. house republicans move closer to something that hasn t been done in more than a century, impeaching a sitting cabinet member. do they have any real chance of ousting dhs secretary alejandro mayorkas with such a slim majority. president biden s plan to retaliate after a drone strike killed three american soldiers in jordan. new details on the response that could last weeks. thanks so much for being here. it is 10:00 eastern. i m ana cabrera reporting from new york. we want to take you right to capitol hill where five of the top tech ceos in the world are about to testify before the senate judiciary committee, a topic is one that really matters to so many of us. child sa
meta, which owns facebook, says threads will be part of its instagram platform so it ll be connected to hundreds of millions of accounts to begin with. but the app has already been criticised for the amount of data it may collect. ray wang is a principal analyst constellation research and explained why threads could be a serious threat to twitter. it s a massive threat if you think about twitter, it only has one of 150 million active users. if you see what s going on with facebook and instagram, we are talking 2.96 billion users, so let s look at this in simple terms. 50 million is the number we used to say mass adoption of technology has occurred, chatgpt did it in 30 days, facebook live in 2a hours. mark zuckerberg can get the 50 million users in probably less than hours and probably get 150 million users in less than two months. that means it s a direct threat to twitter. at the same time some users aren t happy with recent restrictions like the number of tweets you can lo