Devastating. Two politics for the president stole the stage at the u. N. General assembly warning north korea, you provoke us or our allies, we will destroy you. General jack keane moments away on that. Despite all those headlines as we say the market in record yet again. More alltime highs expected just a halfhour from now as investors wait for janet yellen this afternoon. Also waiting for word on Health Reform. The gop we are told one or two votes short of getting it done. Three top senators will be joining us over the next three hours. The day for politics. Varney company has got it covered and its about to begin. We are now getting our images of Hurricane Maria headon. As you can see from the map on the right and what is happening on the ground on the left. We spoke to the d. C. Office of the governor of puerto rico and they say, quote, the situation on the ground is catastrophic. Communications extremely difficult. They dont know what condition the infrastructure or communications
Pressure on freight rates remains challenging. If the demand is over expectation, then you have a squeeze for a quarter, that will go away. Lets look at Telekom Deutsche telekom eking out a beat and telefonica benefiting from currency gains. All right. Good morning to you. We have a busy day ahead of us. Its the trifecta day for the b ofshgs boe today. The stoxx 600 is off by 0. 2 . Not doing much in early trade. A mixed session. This is after we saw a low volatility trade in the u. S. Session. Slight improvement in the asian trading session. By in large fairly uninspiring. Once again its all about corporate earnings. Lets check out deutsche post, they are trading lower after missing expectations. Rising only 1. H4 . The company warned the price environment remains challenging. The ceo said a rise in freight rates continues to prove a headache for the company. Revenue is very much strong, strongest Revenue Growth for a while. Which shows the economy is strong. We have challenges in one
Defense secretary james mattis is expected to send nearly 4000 more troops there this summer. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Bloomberg technology, is next. Emily caroline im Caroline Hyde from london in for emily chang. This is bloomberg technology. Up, big blues for ibm. Revenue dropped for the 23rd straight quarter. We break down their losing streak as investors lose patience. Plus, the annual meeting of the minds as leaders in tech converge on colorado to share ideas on cybersecurity, ai, and the future of work. We are lives in aspen. Reruns that digital eyewear with a new focus. We get an upgrade to the google glass and how the corporate version resonates with users. First to our lead, it is a hit and a miss for ibm. While earnings for shares are dropping afterhours after the tech giant came out with revenues that fell short. Sales in the cloud platforms, as a key new ar
Defense secretary james mattis is expected to send nearly 4000 more troops there this summer. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Bloomberg technology, is next. Emily caroline im Caroline Hyde from london in for emily chang. This is bloomberg technology. Up, big blues for ibm. Revenue dropped for the 23rd straight quarter. We break down their losing streak as investors lose patience. Plus, the annual meeting of the minds as leaders in tech converge on colorado to share ideas on cybersecurity, ai, and the future of work. We are lives in aspen. Reruns that digital eyewear with a new focus. We get an upgrade to the google glass and how the corporate version resonates with users. First to our lead, it is a hit and a miss for ibm. While earnings for shares are dropping afterhours after the tech giant came out with revenues that fell short. Sales in the cloud platforms, as a key new ar
At the Fortune Brainstorm tech conference. First, to our lead. Netflix Earnings Results exceeded expectations. There is little room for error. Shares climbed 30 this year. They delivered on a key step, adding subscribers. A big portion came from outside the United States. Caroline hyde sat down with cory johnson. Cory johnson they dont see the financial results. What they see is a business that might someday generate the results. How do you have the cash loan to pay for all that content . By having subscribers that pay every month. They see an accumulation of subscribers who are sending credit card numbers in and the payments keep flowing through. The hope is there will be a geography like the United States and canada that are profitable and thats the future for the rest of the world for netflix. Caroline amazing. 104 million users, for the First Time International users will bring them a prophet. We are looking at the financial analysis. You can see that at the moment the Revenue Brea