Tom good morning. This is bloomberg daybreak europe, im Tom Mackenzie in london. Stocks in asia slide following a sluggish u. S. Session. The dollar rallies and the yen drops. Minneapolis fed president Neel Kashkari says rates will likely be on hold for an extended period. The Israeli Military edges further into rafah. Buys a biden pauses shipment of bombs to israel on fears the idf could deploy them in the densely populated city. Xi jinping welcomed with open arms in serbia. The chinese president looking to bolster support in eastern europe. From geopolitics to the earnings story and the lines from the brewer ab inbev with a beat in the First Quarter in terms of organic earnings, up 5. 4 percent, an increase versus the estimates of 2. 75 , so in terms of organic adjusted ebitda, a solid beat in the First Quarter for ab inbev, the brewer of budweiser and bud light. In terms of the margin story, also a beat in the First Quarter for ab inbev with adjusted margins coming in at 34. 3 perce
Plus a blockbuster beat. Its wednesday, may 8th, 2024. Youre watching Worldwide Exchange right here on cnbc good morning welcome to Worldwide Exchange. Were coming to you live from c in cnbc london. Were going to take a look at the futures. We saw the dow arise awe three of the indices have now turned very slightly to the red right now, this as investors continue to wade through the thick of the earnings season with 35 of the s p 500 Companies Already reporting their results. Were taking a look at the bond market as we always do with the 10year yield trading at 4. 5 . Take a look right here the 2year note is at 2. 83. We may be through the busiest stretch of earnings, but theres still a long way to go with reports coming up higher. Jim cramer had Steve Huffman of reddit on last night. Every companies customers are on reddit. By making our ad tools easier to use and making our ads better and better, were recognizing that position. Lyft is posting a second positive quarter it expects hig
Down on the volume product in offshore. And alls ton looking at its restructuring plan. The german carmaker battles against climbing costs and weaker tee manned in china. And swedens Central Bank Lowers rates by 25 basis points, flagging two more cuts are on the cards in the second half of this year. Good morning once again. Welcome to street signs. As we mentioned, its a big day in europe. Weve got some outside moves across the board taking a look at Siemens Energy, shares up almost 10 after strong earnings and alston and german sportswear giant puma all on the upside here you see this leadingthe food and beverage sector, shares up 4. 5 we do have a downside. Bmw and skanska down just over 2. 5 bmw down pretty much 4 right now. Were going to bring you all the details throughout the show, but first lets focus on Siemens Energy its raised its full year outlook on the back of a Strong Demand for power grid equipment in the second quarter, the firm now expecting revenues to rise between 1
The song and so many others that were part of the soundtrack of a generation. Gregg allman has died. Nightly news begins now. Announcer from nbc news World Headquarters in new york, this is nbc nightly news with jose diaz belart. Good evening. President trump returns home tonight after a whirlwind trip that saw him meet with dozens of World Leaders in five different countries. When air force one touches down at andrews this evening, the president will be greeted by a storm of political controversy that has grown since he left more than a week ago. The epicenter of that storm, reports that his soninlaw and trusted adviser Jared Kushner asked russians about the possibility of setting up a secret Communications Link with the kremlin that would circumvent official u. S. Government channels. Our Kelly Odonnell has been traveling with the president and files tonights report from sicily. Reporter in the air over sicily today the president capped his nineday journey of nearly 30,000 miles with
We just had a lively discussion with secretary price. We are a bit delayed here. This discussion this morning is no less important, may be more important, maybe more important, just as important as the Health Care Discussion that we just came from this morning. We are very lucky to have two amazing leaders with us, judy marks from siemens, thank you for joining us, and zoe baird from the markell foundation. Today, we will be talking about workforce training and job training and specifically apprenticeships. This is near and dear to the hearts of every governor here and every governor in the city states can mainly because we governors have an incentive to get this right. The employers in our states are counting on us to figure out how to deliver them a trained workforce. That absolutely includes fouryour college, community college, career and technical education, but it includes and needs to increasingly include apprenticeship programs, which i know many of you have started and are expa