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Transcripts For BBCNEWS Asia Business Report 20240706

microsoft both unveiling quarterly report cards beating expectations. shares alphabet jumped after hours as the company announced that its scored a seven quarterly revenue rose to $69 billion. it s stock in microsoft got a britain extended trading with quarterly revenue mainly driven by growth in its clad competing businesses. dan ives is senior equity analyst at wentworth securities and says these are welcome news for the tech sector. ,, ., welcome news for the tech sector. , , ., ., ~ sector. some sunshine in a dark environment. sector. some sunshine in a dark environment. this sector. some sunshine in a dark environment. this reflects - sector. some sunshine in a dark environment. this reflects the l environment. this reflects the muscles moment for big tech in terms of what we saw from alphabet and microsoft, both on cloud and digital advertising. markets will be focused on this tomorrow. markets will be focused on this tomorrow tomorrow. the hottest thing at the

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Transcripts For BBCNEWS Asia Business Report 20240706

and microsoft both unveiling quarterly report cards beating expectations. shares in alphabet jumping after hours as the company announced that quarterly revenue rose to $69 billion. meanwhile, microsoft a boost in extended trading with quarterly revenue mainly driven by growth in its clad competing businesses. dan ives is senior equity analyst at wentworth securities and says these are welcome news for the tech sector. some sunshine in a dark environment. this reflects the muscles moment for big tech in terms of what we saw from alphabet and microsoft, both on cloud and digital advertising. markets will be focused on these results tomorrow. the hottest thing at the moment appears to be ai, but is google s market share at risk? this was a sigh of relief in terms of what we see on the ai front in terms of bard and ultimately focused on what google is trying to do. there is definitely a game of thrones going on in al. microsoft is leading, but google has all hands on deck des

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Transcripts For CNN Early Start With Christine Romans 20240706

the united states and around the world. i m christine romans. this is early start a busy morning. we begin with breaking news. a short time ago, a federal appeals court took action to keep the abortion pill mifepristone on the market. the court blocked the parts of a texas judge order that would have suspended fda approval of the drug. now the fda approval will stay in effect, while the court considers an expedited appeal. but important here, the fifth circuit appeals court is leaving in place parts of the ruling that will, in effect, make the pill harder to get. the fda tried to ease access in recent years by allowing the drug to be mailed and by approving a generic version. for now, those changes that make it easier for people to get the drug. those changes remain suspended. this medication has been approved as safe and effective for uses an abortion pill for more than two decades. but it s possible removal from pharmacies could affect every american senior medical correspo

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Transcripts For CNN Early Start With Christine Romans 20240706

welcome to our viewers in the united states and around the world. this is early start. we begin with global markets in turmoil in the wake of the failure of two major commercial banks, svb and signature bank in the united states. global markets, asian shares closed down sharply as investors fear further bank collapses to come. european stocks have been climbing though in the last few hours, a mixed performance now, but trying to find some footing this europe. and look at u.s. futures, they are up slightly. we ll try to make sense of all of this for you in a moment. one place you don t want your investment dollars right now, regional bank stocks. first republic shares first more than 60%. western alliance bank corp down 47%. driving the u.s. market overall, extreme fear. according to cnn business fear and groeed index. clare sebastian is joining us now. explain why u.s. futures are up again. yes, and there has been five straight down sessions, basically a week of losses le

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Transcripts For CNN Early Start With Christine Romans 20240706

killed in a crowd surge in yemen s capital what witnesses say caused that deadly crush and the supreme court buying time moving the deadline to decide on abortion pills to tomorrow at the stroke of midnight? good morning. good thursday morning. welcome to our viewers in the united states and around the world. i m christine romans. at least two people are dead this morning after severe storms tore across three states overnight. 97 oh, my gosh, this is incredible. one back up a little bit more. we re fine. where we re at the tornado is getting stronger. wow at least 14 tornadoes reported across the heartland seven in oklahoma, four in iowa, three in kansas with buildings ripped apart like this hardware store near oklahoma city, officials say. based on the level of damage you see here, it s possible more deaths and injuries will be reported in mclean county, oklahoma. officials say they have reports of people trapped inside shelters. they say first responders have been hampered

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