Thirdquarter Profit Guidance also a miss. Up in smoke. Jules defense of its marketing policy goes proof. The company is grilled by lawmakers in washington who say more teens are getting hooked. First to our top story, a tale of two earnings as amazon and alphabet report secondquarter results. Shares of the Parent Company jumping while amazon is heading in a different direction. Alphabet reported revenue that beat the highest estimates, calling concerns of slowing growth at the heart of the largest digital ad company. Sales in the cloud unit grew by 37 , but not enough to top estimates. Joining us to discuss you cover alphabet and amazon, so what is happening here . Alphabet was such a bad q1, that it was easy to step back from the disaster they had. They put a great number up. An additional 25 billion. This is one of the cheapest largecap tech names we cover. It was the worst sentiment going in of any techmeme we cover. It is definitely the least transParent Company, so given the q1 bl
Conservative president loses big in primary elections. European markets looking a little like that. Well tell you what to watch on the markets today. Living in the lap of luxury at least for a little while well get a peak into some of indias biggest and more extravagent hotels and find out why theyre doing so well. One think tank recommends raising wages and giving workers more holiday to boost productivity so, we want to know what would you prefer . More cash or more time off . Just use the hashtag bbcbizlive im just thinking both you cant have both, youve got to choose one let us know, use the hashtag. Hello and welcome to business live. We start in the us where a ban has kicked in barring Government Agencies from buying equipment made by some of chinas biggest tech firms. It comes as president Trumps National security advisor visits london while stressing the us is ready to strike a trade deal with the uk after brexit, he said the involvement of the chinese Telecoms Firm huawei in b
Clues behind a motive in ohio. The shooters family breaking their silence. In texas, the officials complete the grim task of identifying the 22 victims overnight. Plus, epidemic of abuse. The explosive new accusation against the boy scouts after hundreds come forward with their stories. Beloved. The tributes pour in overnight for legendary author Toni Morrison. And summer soaker. The new round of powerful storms that will strike from the plains to the northeast. Behind them, another heat wave. Als got the latest forecast today. Wednesday, august 7th, 2019. Announcer from nbc news, this is today with Savannah Guthrie and hoda kotb, live from studio 1a in rockefeller plaza. Morning, everybody. Welcome to today. Thank you for being with us on a wednesday morning. Unfortunately, it is a sign of the times, people hear a certain sound in a crowded area, and they fear the worst. Clearly a country on edge. Lets get right to the breaking news, as savannah mentioned. Disturbing times after the M
That have a market underwhelmed if not disappointed. Mario draghi made it clear there is no unanimity on these positions. We are going into the summer break in the next meeting is scheduled for september. They willear whether have time to come to an agreement. These are technical issues. , the ecb iss to qe already running up against limits of what it can buy and how much of it. Ghen you look at the tierin system, this is incredibly technical. It is difficult to see how from now until september they come up with a package so they will be ready to announce when that meeting takes place. Guy thank you so much for joining us. From frankfurt, that is maria tadeo. Now lets go to michelle in new york. We no longer have the same governor in puerto rico. Michelle he resigned late night at midnight. As scheduled, it would be the secretary of justice that would take over as governor. Beellos last day will august 2. David what does this mean . Goingis a huge proceeding on to try to sort out the p
Thirdquarter Profit Guidance also a miss. Up in smoke. Jules defense of its marketing policy goes proof. The company is grilled by lawmakers in washington who say more teens are getting hooked. First to our top story, a tale of two earnings as amazon and alphabet report secondquarter results. Shares of the Parent Company jumping while amazon is heading in a different direction. Alphabet reported revenue that beat the highest estimates, calling concerns of slowing growth at the heart of the largest digital ad company. Grew by the cloud unit 37 , but not enough to top estimates. Discuss to you cover alphabet and amazon, so what is happening here . Bad q1,bet was such a that it was easy to step back from the disaster they had. They put a great number up. 25 billion. L this is one of the cheapest largecap tech names we cover. It was the worst sentiment going cover. Ny techmeme we it is definitely the least givenarent company, so the q1 blitz, this is a rebound. I am not sure investors will