High, with tmobile, netflix all adding fuel to the rally. Alphabet posting its oneday percentage gains since july for death july 2015. Joining us to discuss, senior markets editor mike regan. Alphabet, facebook, twitter, all reporting results. Where do we see the biggest move . It was a major week for companies. Very tech centric. Alphabet is the star of the show, rising 10 . They seem to be firing on all cylinders. Announcing that major 25 billion share buyback, that is taking the edge of edge off of the concern of the probe of alphabet. Also twitter doing well, showing an 18 gain for sales. Amazon was an interesting story. They had a big earnings miss, but it was in an amazon typical way. They developed a more robust oneday delivery operation, and thats the type of thing amazon investors in the past sort of embraced, even though it caused a hit in the shortterm. I think the Semiconductor Stocks are a major story this week. We saw texas instruments, semiconductors are a weak spot. Tex
Nejra welcome to daybreak europe. It has just gone 6 00 in london. An absolute earnings long on spot. The Second Quarter adjusted operating income comes in at 225 million euros. The estimate was 289 million euros. On the Second Quarter, adjusted operating income, that looks to be a miss. 225 versus the estimate of 289. The secondquarter adjusted operating income there at 305. The estimate at 289. Thats a correction coming through there. That secondquarter adjusted operating income is a beat. The initial number look like a mess. Miss. Secondquarter revenue. 2. 4 5 billion euros. The estimate was 2. 47. A slight miss on the revenue. To their ceo. Dont miss that interview at 7 30 a. M. London time. Deutsche bank, we are getting numbers from that. The big focus for investors is going to be the execution of the turnaround plan. If i could get to the headline numbers right now. Secondquarter trading revenue at 1. 6 9 billion euros. The estimate was 1. 7 9 billion. Givent a huge a prize what
Markets where startups and Venture Capital wont even go because dominant players are so big. Now, the committee is saying that it is getting pushback from Internet Companies who allege that they actuallyvation and not well bring you all the latest back to you. Thank you well be back with you joining us to break down the are market action, megan, good afternoon to you lets check the markets. Dow is flat. S p down 0. 03 , and of course any positive close for those three would be a record alltime closing high megan, relative softness today compared to of late. What do you think is driving that part of it is trade we heard words from President Trump around the risk of higher tariffs and that is something that weve been particularly cautious about we did get a trade truce if you will at the g20 but nothing really changed there. And so i think that what we saw is a little bit of weakness from the market on the back of the reality that we could get higher tariffs down the road. But that is co
Making money. Charles another good day for the market. Investors getting more evidence of a rate cut on the way. President trump pointing out the world is cutting rates, the fed should as well, because of faulty thinking process there at the Federal Reserve. He is worried saying we pay much higher Interest Rates in countries no match for us economically. Another words our Interest Rates are much higher than other countries when they should be lower. This comes from comment from three fed officials that boosted expectations after rid cut. Edward lawrence at the white house. Reporter you are talking about James Bullard, john williams, new york fed president and Richard Clarida, and Jerome Powell in a speech today. He pushed Federal Reserve to have a rate cut during their next meeting. I want to zero in on the third tweet that he made. The president said in that tweet, quote, this is our chance to build unparalleled wealth and success for u. S. Growth which would greatly reduce the percen
Tariffs yet. China and the u. S. Reach a truce and stocks are set to surge at the open we do have those new records within striking distance plus, President Trump easing restrictions on u. S. Companies from selling products to, of course, the Chinese Telecom giant Huawei Semiconductor stocks are rallying sharply ahead of the bell on that news. And oil prices, well, theyre up, this after russia and saudi arabia agree to extend opecs deal to cut Oil Production by another 6 to 9 months. Stocks rising around the globe the s p 500 poised to open at a record high after the u. S. And china agree to resume trade talks. President donald trump offered concessions to his chinese counterpart xi jinping over the weekend, when they met at the sidelines of the g20 summit in japan. They include no new tariffs, and an easing of restrictions on the Huge Technology Telecom Company huawei china did agree to make what are unspecified new purchases of u. S. Farm products and return to the negotiating table.