Brzeski, global head of macro for ing research. Good to see you. Germany is in favour. Italy is saying it is too hard. Your thoughts . fix, too hard. Your thoughts . Complicated story once again. This is the third or fourth reform of european fiscal rules since the start of the monetary union. What they aim to do is make the rules a bit more flexible to give the more economic sense but in the past we saw the rules were simple but it did not leave enough room for investment in the future. If there was a problem, look back at the euro crisis, applying these rules really meant painful reforms, painful measures and they should not make peoples a bit more flexible and a bit more economic sensible. What can a country s economic sensible. What can a country s Debt Economic sensible. What can a Country S Debt be economic sensible. What can a Country S Debt be at economic sensible. What can a Country S Debt be at according i country s debt be at according to these rules . It seems to be the t
Apple is offering its headset, the vision pro, 3,500 us and that is expected to remain the cost of their product, but the entrance of new products into the fields and at different price points could threaten to give apple a run for its money. Meanwhile, teslas shares hit a 15 month low in the Monday Trading Session on wall street, after the Company Announced price cuts for its cars in several key markets. This comes just ahead of the ev makers Quarterly Results tonight. Our Business Reporter david wadell takes a look at what to expect. It is proving to be a tricky period for tesla. Its shares have fallen by around 40 from the beginning of the year and last week its big boss elon musk told its workforce he would cut their numbers by 10 . That impliesjob losses in the region of 40,000. In recent days, mr musk postponed a planned trip to india this week. He was due to meet the Prime Minister Narendra Modi and reveal plans to enter the south asian market. On his social media platform, x, m
The day with the s p 500 up 1. 3 , building on the gains from yesterday. Biotech and Technology Stocks bouncing back with ten of the 11 s p sectors trading in positive territory. And lets draw your attention to spotify, up a whopping 16 , highest level since march of 2021 on the back of its earnings beat also, check out jetblue, sinking after reporting worse than expected revenue. On the other hand, aviation engineer making air owe maker ge autos, gm up beating on earnings well take a technical look at that name further ahead. Another name, that would be tesla reporting after the bell that name along with other big tech stocks become the target of short sellers. For that we turn to kate rooney. Hi, kate. Hi, tyler the bears are betting against big techs short sellers and the magnificent seven, weekly profit of 10 billion that was an alltime high during that nasdaq selloff the tech giants mostly report this week and they are the most shorted stocks in the u. S. Markets. Thats according
Cloudy start to the day. You can see a little bit of patchy fog out there as we take a view towards San Francisco. High clouds overhead as well, and as we get into the afternoon, a low clouds will return to the coastline as well as an uptick in the onshore breeze. Right now, the winds are light, even calm across the bay area. A pretty start to the day, with temperatures ranging from upper 40s to upper 50s. 46 right now at Half Moon Bay, 54 in livermore and in the north bay 51 in napa. We are going to go above average once again for today, but we are going to be a little bit cooler than yesterday, especially closer to the coast and just inside the bay, where again, we begin to see a transition to that cooler pattern. 78 seven santa rosa for the afternoon, 71 in oakland, 79 for san jose. A better look at the afternoon highs for today and the cooling trend that kicks off coming up in just a little bit at 701. Lets check on the slow and go out there this morning with sal. Hi sal. Rosemary
Different price points could threaten to give apple a run for its money. Meanwhile, teslas shares hit a 15 month low in the Monday Trading Session on wall street, after the Company Announced price cuts for its cars in several key markets. It also lowered the price of its premium driver all this comes just ahead of the ev maker s Quarterly Results tonight. 0ur Business Reporter david wadell takes a look at what to expect. Its proving to be a tricky period for tesla. Its shares have fallen by around 40 since the beginning of the year. And last week its big boss, elon musk, told us workforce he would cut their numbers by 10 . That impliesjob losses in the region of 14,000. In recent days, mr musk postponed a planned trip to india. This week, he was due to meet the prime minister, Narendra Modi and reveal plans to enter the south asian market. On his own social media platform, x, mr musk revealed that unfortunately very heavy tesla obligations require the visit to india be delayed, but he