Im katie greifeld, in new york. Welcome to bloomberg markets. Looking at markets so far this monday, there is a lot of green behind me. The s p 500 is up. 9 . Taking a look at tech, it gets even better. The nasdaq 100 is up 1. 3 at a lot of that is thanks to what we are seeing in alphabet, currently up 6 on the heels of a Bloomberg News scoop that apple and alphabet are considering a deal to allow the gemini ai to power new iphone features, sources telling bloomberg that the tech giants are actively negotiating a plan to let apple license the models into the new ios capabilities as soon as this year. Alex webb joins us with the details. Why does apple need google for this . Alex the assumption is that at this stage apple is quite awake behind google in this space, technologically. Google is one of the market leaders, up there with the load the likes of openai. Apple is really fighting to catch up and have moved a lot of people from their car project into ai and it seems as though if th
The defendant. We have to pay the price. I agree on the concept, of course. U. S. Consumer prices increase at the slowest rate in nearly three years keeping expectations for a june rate cut on the table. We will hear from two policymakers later on today. Staying in the u. S. And bad to worse. Shares of Community Bancorp plunge in extended trade after removing the ceo after weakness in internal controls. Good morning. Lets get to some fresh data pointseurozone. The final pmi of 47 over 466. 1. Eurozone factory activity contracting for the 20th month in a row. Coming in higher than the flash. Euro dollar at 108. 09. Lets get back to the top stories and earnings news out this morning. Daimler truck with a beat on the full year. The company said it sees revenue being close to flat in 2024 amid tough economic conditions. We will be hearing from the ceo martin daum at 11 45 cet. Thats a first on cnbc interview. Swiss Logistics Group posting a 49 fall in annual operating profit which was wors
Reduced share count, we also announced we would increase our dividend by 10 . Hsbc first half net profit tops 18 billion more than doubling on the year before sending shares to the top of the stoxx 600 Ceo Noel Quinn says they will gain from the performance. If all goes to plan this year, we should be above the prepandemic level we are paying a flat 10 cents. Investors in high spirits as diageo posts a beat in full sales and operating profit the ceo says double digit net sales in beguinness is a driver for the group. People love guinness right now. And daimler helps offset pressure with the bullish guidance for the trucking sector we will hear from the ceo martin daum this hour we certainly have been following the busiest weeks for earnings across europe bmw released their numbers for the full year outlook. Updating the full year outlook the margin is at 12. 6 for the first half of 2023 also saying that it is 11. 3 when one just takes a look at the three months of the Second Quarter fo
Amgen doubling down. The stock is surging. All buffett all the time as we tee it up for the annual Shareholder Meeting. It is friday, may 3rd, 20t24. You are watching Worldwide Exchange here on cnbc. Good morning and welcome to Worldwide Exchange. We are coming to you live from cnbc london. Lets kickoff the hour with the stock futures after a positive session for stocks yesterday. The dow posted the best day since late march and nasdaq closed higher by more than 1 . It is all about the dow. The dow looking like it would open up 250 points higher. We cannot talk about the futures without talking about apple. Shares are rallying in the premarket and accounting for 65 points. The dow premarket gains with apple shares up 6 . A blowout report. Record Share Buyback. We will talk more about apple in a moment. We getting saet for the april jobs report to see if the fed can begin their easing campaign sooner than later. Nonfarm payrolls to come in at 240,000. Look at the treasuries. The benchma
Decline in the income. And daimler notches a beat, but the stock is in reverse in the early trade. Dont miss the interview this hour on cnbc. And a rally ahead of the key jobs report as investors look for clues on the feds next policy move. Welcome to street signs. We begin with apple shares being higher in extended trade after it posted a beat on the Second Quarter earnings and announced the largest Share Buyback in u. S. History 23. 6 billion net income or 1. 53 per share. It is still down 2 year over year revenue came in over 91 w billion. That was 4 lower from the year before despite the dip in earnings, apple authorized a 110 billion Share Buyback. The firm raises the dividend payout to 25 Cents Per Share overall, iphone sales fell more than 10 however, tim cook attributed that decline from previous period wearables is down and services climbed 14 . Investor tension focused on apple in china where rivals have been gaining market share. Revenue in that region declined 8 it was far