Tiktok positive covid19 treatment news eli lilly starting phase three of an antibody drug. Well get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. Were on record close watch for the nasdaq 59 minutes left trade. We certainly are. Its up 1. 6 lots to come on todays show well discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. The plus, big Testing Companies like quest and lab corps warn of back logs and delays, well talk to Gravity Diagnostics ceo we have big Earnings Reports coming your way. Virgin galactic, taketwo and chegg and more well bring you the numbers as they cross and analysis as well. Lets focus in on the big stories. Mike santoli tracking todays market action. Mike, lets start with you. Not far off session highs really not that far all time highs. About 3 below that right now. And weve ki
Good morning, everyone. Just gone 6 00 a. M. , lots of earnings coming through from the european banks. Let me recap ubs to start with. The key number is Second Quarter net at 1. 4 billion. The estimate was my hundred 57 million. Was 957 million. In terms of the Second Quarter profit pretax is up 3 year on year. Ubs Global Wealth management posting to billion dollars of outflows in the Second Quarter. Global Wealth Management nets new money, but overall the Second Quarter net beating. Sergio ermotti really seeing a revival of the fortunes in the Second Quarter after what he called one of the worst starts to the year in recent history. The bank posting its highest quarterly net profit in almost a decade, seeing a boost to the u. S. Wealth profit. Coming up, we will speak to the ubs Ceo Sergio Ermotti and get all the details. Dont miss that conversation with manus cranny later in the show. If you want to keep uptodate, there is a fantastic tliv blog on the bloomberg. Lets move on to sant
And then march, things normalized. Francine welcome to bloomberg surveillance, good morning if you are watching from the u. S. And europe, good afternoon if you are watching from asia. Westminster, ahead of the knowts, the u. K. Will soon who the next Prime Minister is around midday. Pound. Ity in european stocks off but investors are breaking for a busy earning season. U. S. Corporate earnings potential developments, trade negotiations and oil stabilizing after recent gains. Hour, we will speak to the new leader of the liberal democrats at 9 30 a. M. London time. Here is viviana hurtado. European governments putting together a Naval Mission to provide safe passage through the persian gulf after iran seized a tanker last week. Jeremy hunt warns escalations will mean more Royal Navy Ships in the area. Let us be absolutely clear, on the international law, iran has no right to obstruct the her, itassage or board was therefore an active state piracy. Foreign hasns defended the move, saying
Would not have been smuggled or overdosed, no one would have walked around the street to relieve fatigue, for example, and these are the words of experts. The gasoline that you ordered directly affects people s lives. It definitely has a direct relationship and it increases , and this is the price of gasoline, we should not see it, that is, no, it affects the whole, yes , it affects the whole, this happens, and in my opinion , considering that there are a number of cases, from a scientific point of view you give orders. And a psychological atmosphere prevails over these cases, it causes what was in science not to happen in reality, and this is, in my opinion, a reliable mechanism that i mentioned, with these increases, definitely a psychological atmosphere. It prevails and what we say will no longer happen in reality and based on opinion dear experts, as you said, this matter should be handled more cautiously, as it was supposed to be implemented on a trial basis somewhere, and feedbac
Us and how is the world living now about what has happened in the world . Money during the war, oleksandr morchyvka with us, oleksandr, welcome, please, and sports news, review of Sports Events from yevhen postakhov, two hours in the company of favorite presenters. Thank you very much, lina chechenna, for the information about cultural news, presenters, what to many people, they have become similar. Natalka didenko is ready to tell us about the weather for the day. As well as distinguished guests of the studio, andrii parubiy, peoples deputy of ukraine, was also the chairman of the Verkhovna Rada of ukraine. Events of the day in two hours. Vasyl zimas big broadcast, a project for smart and caring people. Espresso in the evening. The premium sponsor of the National Team represents. United by football, stronger together. Every week , maria gurska meets with the head of the committee on Foreign Affairs of the polish sejm, pawel kowal, the representative of the polish government for the re