Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua in london. 0. 6 . 600 gained there is a fine thing going on in the market. If we look at last week, there was a huge volatility reserve. Have yields rising equities rising at 12 eurodollar, 1. 2492. The yen, we have a lot going on in the japanese market. Coming up on bloomberg , we have an interview with the Standard Life ceo, Martin Gilbert, after shares were hit this morning. , we are joined by the ceo gen. We also speak with diego entini, formerly of amazon and lets get to first word news with nejra cehic. Nejra president zuma has resigned, ending a 10year run hard by scandals. He disagreed with the ancs decision to throw him out, calling his treatment unfair. They must ric choose a replacement for him in 30 days. In mylife should be lost name command also, the anc should never be divided in my name. To thetherefore come decision to resign as president of the republic with immediate effect. Nejra Pre
House. Theyre confident they will. President arriving in West Virginia. He is expected to maybe mention this fbi memo hopes to declassify or in hopes of sport of releasing. It is either no big deal or beginning of a constitutional crisis. The best i can do, folks, gauge how wall street reacting to this. Collectively doesnt seem to care. President is in West Virginia. He picked up his biggest victory, 42 points. They dont get a more secure base than these, than these folks. I want to listen in. You never know what is coming did you know that. Number 2, gdp percentage. Thank you. Thank you. I appreciate it. Thank you. God bless you. [inaudible] whoa, i like this guy. Neil you never know. Sometimes these things, sometimes you break news here. I always think when you get off, when the president is leaving well of the house the other night state of the Union Address, wouldnt you know just on his way out, making response about releasing of memo, caused all the dustup. You would have missed t
2. 25. And oil, as you see, still below 50. A move made this week as we watched the commodity complex come down across the board. The road map starts with amazon overtaking walmart in market cap after reporting a surprise Second Quarter profit. The shares up 20 in the premarket. Star bucks shares also higher ahead of the open. The coo told jim last night. And anthem agrees to buy cigna. The price and the release is 188 a share. In reality, its a bit less than that. Well get to that deal. We begin with amazon reporting a Second Quarter profit of 0. 19 a share while wall street was expecting a 0. 14 a share loss. Sales up 20 . That was up by strength in web services. Shares of amazon surging in the premarket putting the market cap above that of walmart and making founder and the ceo about 7 billion richer. Thats right. 7 billion more just from the move up. Thats a side show. The main show is the numbers themselves. This Company Getting rewarded perhaps like no other for Revenue Growth. M
Our road map begin with the last trading day of july. Plus the ceos will join us for an interview at 11 00 a. M. The first 30 tesla model 3 customers have their cars. The reviews plus why elon musk says hes in production h efrks ll but first the final trading session of the month major indicies in fact most of these are looking at the second best month of the year i think it just took people by surprise i dont know why it wasnt like it was saying were not doing well i went over that verizon Conference Call again. Did you its like boeing. Were not as bad as you think it lends itself to another story as well which leads to goings on about charter which is this belief that verizon needs to do a deal for content although thats highly unlikely but to your point that quarter was a good one given expectations. You dont want to go too far it wasnt the quarter they had 7 or 10 years ago when they owned the network. Thats why john said to me on twitter thats really good, well terrific because yo
I want to thank the foundation for supporting the initiatives where we do events that are science themed so we have a shout out to the assignments and i want to mention the amateur Astronomers Association in new york will be in the gardens with telescopes and helping to view the skies and the claim is that the clouds will clear write about exactly as we finish the last question and we will have a book signing for the glass universe so we will have a book signing and do qanda after the conversation. He introduced the guests. Im sure a lot of you have heard. I want to introduce the bestselling author and superb author when you spoke about your book longitude you said your son asked for what you are working on and he said nobody is going to read that. A best selling book and most recently galileos daughter is a popular book and marcel acknowledged in the Pulitzer Prize nomination in 2000 so that was quite an honor and then we have the glass universe we are here to talk about tonight which