We have a huge lineup this morning. Steven mnuchin will join us. That is at 7 45 a. M. Eastern at 8 00, well get reaction from political strategist hes been out all over the place what is there to talk about . A few things what did we say . President trump is ripping apple . Ive said all along, apple has to get on board. Switching sides no. Im not. It is not apples responsibility to keep us safe the issue is how much theyve been cooperating it does sound like the company has been pretty responsive they dont want to create an encryption key to allow any government to get any phone. They should cooperate in cases like this. I hope they are cooperating behind the scenes. I do want to see them cooperate on some of these but i can under the broader issue. The journals point is that in the meantime, apple shouldnt be seen as a public enemy no. So barr wants cooperation. Right but not just on this issue. He wants to create a larger issue. He wants to establish and create law for life that wou
The yield curve inverts again, the fifth time in the last week but stocks are shrugging it off. Weaker than expected manufacturing data and this season of retail volatility continues sharp moves in the stocks with more earnings movers coming in the next hour. Watching signals of the Federal Reserve. Philadelphia fed president harker throwing some cold water on any imminent rate cuts. In december i was not supportive of the increase i was supportive of the decrease somewhat reluctantly this time around to get us back to where policy should be were roughly where neutral is i think we are roughly where neutral is right now and i think we should stay here for a while and see how things play out. Well get another view from the Federal Reserve in the next few minutes here on closing bell. Coming up, an interview with dallas fed president Robert Kaplan with steve live from jackson hole joining us for the entire final hour, is mark leeman mark, it does feel like theres a little more optimism o
Tech superpower status the newly created Tech Exchange called star market had a debut of astronomical games with some share prices shooting up by 520 percent heres a look at that 1st day. Trading at chinas new star market Tech Exchange was launched with a gong sounded by the countrys Securities Commission chief and shanghai as communist Party Secretary the Chinese Government has been pushing for a Tech Exchange as it battles with the us for technological supremacy modeled on new yorks nasdaq star market will give Small Chinese investors a chance to buy into Tech Industries that have so far listed their stocks on wall street beijing hopes to catapult the country into a leading technological position in the coming years. Profits the stock market looks at technology and a companys ability to innovate for. The 1st 25. 00 companies to list come from the biology medicine semiconductor Sustainable Energy and related sectors put a large proportion of their revenue into research and development
The. Total surveillance. Every face is standing and identified User Behavior on the internet is monitored. Undesirable actions are punished. China is on the pass toward becoming a digital dictatorship with total control over its citizens china need no dark corners of the close up 30 minute w. Equal india. How can a countrys economy grow harmony its people and violent when there are doers look at the Bigger Picture india a country that faces many challenges. And those people are striving to create a Sustainable Future clever projects from europe and india. To the team in the us on t. W. Im not laughing at the gem just sometimes i am but i found nothing when we should have been thinks deacons are german culture looking at the stereotypes the question to me is think this piece of the country that i now live from. Kenya you dont see the thickness grama there you go its all that good ok bob im a joke join me to meet the german fronted up you post. Im secure that the you were the target and
Nejra welcome to daybreak europe. It has just gone 6 00 in london. An absolute earnings long on spot. The Second Quarter adjusted operating income comes in at 225 million euros. The estimate was 289 million euros. On the Second Quarter, adjusted operating income, that looks to be a miss. 225 versus the estimate of 289. The secondquarter adjusted operating income there at 305. The estimate at 289. Thats a correction coming through there. That secondquarter adjusted operating income is a beat. The initial number look like a mess. Miss. Secondquarter revenue. 2. 4 5 billion euros. The estimate was 2. 47. A slight miss on the revenue. To their ceo. Dont miss that interview at 7 30 a. M. London time. Deutsche bank, we are getting numbers from that. The big focus for investors is going to be the execution of the turnaround plan. If i could get to the headline numbers right now. Secondquarter trading revenue at 1. 6 9 billion euros. The estimate was 1. 7 9 billion. Givent a huge a prize what