And now, seth meyers. Seth good evening, everybody. Im seth meyers. This is late night. Now if you dont mind, were going to get to the news. President biden and first lady dr. Jill biden today hosted a Cinco De Mayo reception at the white house, though i think its just a ploy to get more votes from White College girls. [ laughter ] thats right, yesterday was Cinco De Mayo. Kendrick lamar celebrated with his favorite pinata. [ laughter ] [ audience ohs ] star wars Actor Mark Hamill visited the white house on friday and referred to President Biden as joe b. Wan kenobi. [ laughter ] though im not sure how helpful it is to compare biden to a ghost. [ laughter ] thats right. Mark hamill visited the white house and referred to biden as joe b. Wan kenobi. I dont know, have you ever watched him walk . Hes definitely more of a c3p joe. [ laughter ] President Biden shared a video with Actor Mark Hamill in honor of star wars day, while south dakota governor kristi noem shared a video of herself s
Welcome daybreak australia. I am haidi stroudwatts instantly. Clay and i am paul allen. The top stories this hour. Renewed concerns that the fed leakage tina smith higherforlonger. But i shares back to the trend of the posted its strongest sales growth in the year previous paul paul binance founder and fees he gets four months for a few of the world licensed with crypto. And chinas communist parties involved jesus name is and a housing crisis and simplest possible event, that is something there watching as a go to the start of trading. Its a holiday session, we will get to that in the moment. This is the setup, a dire one when it comes to sydney stocks, down 1. 2 . Tracking analysis we saw in the u. S. Overnight. Body cams bond yields climbing on concerns of sticky inflation and what we could expect from that hawkish pivot from the fed started to discipline when it comes to of his sentiments the teachers at job content drops of 1 across the session. The community is gone. The labor mar
Shery youre watching daybreak a show live from new york, sydney and hong kong. Haidi the top stories, asian stocks are lower as volatility ratchets up. The dollar is extending gains. Tesla in the crosshairs as a beneficiary of subsidies. The ftc is accusing the ecommerce giant of monopolizing services in challenging sellers. Shery take a look at futures. Muted moves after the s p 500 fell to the lowest level since early june. We are on track for the worse month this year. The fear gauge is climbing above its average to the highest level since may. Investors are digesting data with Consumer Confidence following read treasury yields drifting. The 10 year yield at 453 levels, decade highs. Weve been watching the upcoming preferred gauge of inflation, that will be one to watch in terms of the fed and a potential shutdown leading to safe haven demand in the dollar index at the highest level this year. Seeing its longest winning streak since august. We continue to watch oil prices as well. H
This is bloomberg technology. Coming up, the doj is hitting at t hard. Details on the lawsuit that could block at ts 85 billion takeover of time warner. Er speeds up its driverless push, striking a deal with volvo. Details ahead. Plus, more dealmaking in the chip industry. What the 6 billion acquisition means in its continuing consolidation. Lets start with the lead. The u. S. Justice department is suing to block at ts 85. 4 billion takeover of time warner. This is a major blow to the carrier to create a media and telecommunications empire. At ts chief counsel said he is confident the court will reject the claims and the company is withng a press conference the ceo is expected to speak. We will bring you the headlines, but first ed hammond just listened in on the doj call and joins with the ceo is expected to speak. Also with us is cory johnson and bob odonnell with technalysis research. Us. Ed, you have been listening in on the call. What is the Justice Departments rationale . Ed they
2017 has extraordinary brought it into eight very exclusive club. That is the Fifth Company worth and access of 500 billion, alongside apple, googles parent alphabet, microsoft and face book. It also means it has beaten alibaba to the milestone. News, 24 hours a day, powered by more than 2700 journalists in more than 120 countries, this is bloomberg. Lets take a look at the markets closed, aboutust 4 10 of a percentage down. Japan, we are seeing gains all across the region. Emily this is bloomberg technology. Coming up, the doj is hitting at t hard. Details on the lawsuit that could block at ts 85 billion takeover of time warner. Uber speeds up its driverless push, striking a deal with volvo. Details ahead. Plus, more dealmaking in the chip industry. What marvells 6 billion acquisition of this Company Means in its continuing consolidation. Lets start with the lead. Our developing story the u. S. , Justice Department is suing to block at ts 85. 4 billion takeover of time warner. This is