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Transcripts For BLOOMBERG Bloomberg Technology 20240711

Is the security of america at risk . And covid continues to peek across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . Dropping asstocks fresh resections put in place to limit the spread of covid19 overshadowed positive news. About vaccine develop at Abigail Doolittle has more. Generally the markets were quieter today, but then it fell off late in the day. Abigail truly a sleeper for much of the day. Cyclical rotation trying to take over. As new york city headlines crossed on top of the mta news around the subway. Earlier today, two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 seven day rolling Positivity Rate here in new york city, at least according to the mayors office. Looks like the governor may have ha

Transcripts For BLOOMBERG Bloomberg Technology 20240711

Bloomberg technology. Lets take a look at the markets on the day. It was a risk on session, of course avenue do with the news out of madera that they have a vaccine that is 94. 5 effective on the volunteers. 500hat news, the s p finishing higher. Some nice gains out of the nasdaq. Moderna itself sharply higher. After the market, we did have news coming from brookshire and s. Her hathawaye berkshire added to their portfolio in terms of health care. Typically, health care a defensive space. With the virus, perhaps these additions have something to do with the virus. Stocks have been down sharply on the day after moderna news about the virus came out. Likingours, investors pfizer as well. All right, abigail doolittle, thank you so much for that round up. I want to get to airbnbs filing. The company disclosing details of its initial Public Offering plans for the first time, releasing Financial Results and previously confidential information on its operations. In ipo search that has largely

Transcripts For BLOOMBERG Bloomberg Technology 20240711

How he plans to wipe out the disease. Still, no concession from President Trump who has been flooding facebook and twitter with unfounded messages that the election was stolen. Expecteddministration not to play so nice with big tex. Expect more public engagement, public oversight, and regulation. Those stories in a moment. Paring gains. Ocks markets widely mixed at the end of the day on a bit of an ugly close despite intraday record highs. What are we seeing here . Abigail if you had a dollar for every time i said this, you would have a nice pile of money. It was another wild day. Stocks surging out of the open. The dow up nearly 6 . Russell 2000 hitting its first record high, more than 6 . At the close, we had stocks pullback to some degree. Up. Dow closing where we had losses, the nasdaq 100 down 2. 2 . The faang complex, those make a cap stocks, down 3. 2 . The reopening trade clearly doing very well with pfizer which itself was up about 8 on that vaccine. Certainly a light at the e

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240711

Encompasses more than 2 billion people and has been more than 10 years in the making. Afterent trump backtracks appearing to admit defeat in the election come he still insists the election was rigged. Lets take a quick look at the record move in u. S. Markets. Economically Sensitive Industries gained momentum even as coronavirus surges across the nation that could lead to more restrictions. The s p 500 rallied to an alltime high. The Dow Jones Industrial rise rose to close at prepandemic level. Home winner, zoom Video Communications tumbled. We will speak to a bullish investor on stocks coming up and he thinks we are going to find out in the third order the u. S. Pandemic caused recession is ending and we are setting the stage for a market. The record close on wall giving some we are seeingthat coronavirus surging. Higher trading when it comes to kiwi stocks. In sydney, rebounding from friday. We are also looking ahead to thirdquarter gdp numbers out of number ofell as a japanese numbe

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240711

Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Trading at thell highest since november 1991. A quick look when it comes to u. S. Futures as well. S p active futures u

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