Bloomberg. These are the stories that set your agenda. Hire for longer after the Central Bank Holds rates. Jerome powell keeps cuts on the table, with the timing is less than certain. Jerome it is unlikely that the next great move will be a hike. Tom the yen tumbles pairing a rapid rally on suspected intervention and a big day for earnings, Standard Chartered reports a profit beat. Shel and novo nordness report, but first ing. This is the news coming through, two and a half billion euro Share Buyback following a previous buyback. Rewarding investors with additional cash. In terms of net income, this came in in line with estimates of 3. 8 3 billion euros for the First Quarter it was a beat, the lender coming through with 1. 6 billion euros, ing added 99,000 primary customers, but the buyback of two and a half billion euros. I will be speaking to the ceo at 6 15 a. M. So stay with us. Reaction coming through from the lender. Markets are digesting what we heard from jay powell, no surpris
Dani katie welcome to Bloomberg Markets. You look at markets at the moment and you can see there some green on the screen a high me. You can see the s p 500 currently up by about 3 10 of a percent. You look at big tech right now the nasdaq 100 even higher paid 4 10 of a percent. Small moves overall. A change in direction after a pretty rocky start. Taking a look at the Philadelphia Semiconductor index you can see that sleeving games right now. Lets get right to one of the big stories today and that is peloton. The Fitness Company announcing its ceo is stepping down after two years. Its also cutting 15 of staff as part of its restructuring efforts and among Bloomberg Technology joins us with more details and i hate to say this was a surprise what was your reaction . Ed the Market Action is a big surprise. We were climbing steady, session highs 18 . Took the resistance off. Speed and power now we are at a flat road. Completely flat on the stock. It is astonishing trading and the markets
How long can the fed function with a depleted staff . The turkish currency hit record lows against the dollar. Matt we have breaking news on unifer which came out with a statement that it recommends all shareholders reject the takeover offer. They say it does not represent the full value of the company. Is saying that shareholders should reject the offer. We will be speaking of with the ceo of uniper. He says they will meet again soon but currently they recommend the shareholders not accept the bid. Than a half hour away from the start of trading. Lets look at futures. We have kind of a mixed picture but very little change. Even the you see red arrows the movementard, is very little in terms of futures. The ibex futures are down considerably. I see dax futures gaining slightly. If you look at the core of europe, you have mixed race. Trade. A look at the bund the three year yield three year yield came down considerably. Even though we had those failed Coalition Talks, it looks like we h
Philadelphia, too. Ill break the forecast down and show how quickly temperatures will climb when im back in less than ten minutes. First Jessica Boyington. Cameras at the Germantown Pike on ramp. Everything is so far, so good. Police activity moving northbound through the mid county tolls. Maybe something happened up ahead. Could be just someone passing through the area. Southbound looks good. No volume. Thats important in the camera. Also watching an accident and downed pole at gulph and 76. And also watching some construction. This is in belmawr near the 42 freeways northbound side at 295. Two right lanes blocked until 6 00 a. M. Right before the rush that well see clear out of the way. Ill keep my eyes on that and have more in about ten minutes. Now to breaking news. Deadly shooting on drexels campus. Police say a stranger who tried to break up a couples quarrel shot and killed one of them overnight. Nbc10s matt delucia joins us live from the scene. Tell us what youre learning this
Sexual behavior in a workplace by matt lauer. It represented a violation of stands ards. As a result, we have decided to terminate his employment. It is the first complaint about his behavior in over 20 years at nbc news, we were presented with reason to believe it may not have been isolated. We want a Workplace Environment where everyone feels safe and protected and actions counter to our core values are met with consequences, no matter the offender. We are deeply saddened by the turn of events, but we will face it together and do it in as transparent a matter as we can. We learned, moments ago, just this morning. Im sure you can imagine. We are devastated and processing all of this. I will tell you, we do not know more than i shared with you. We will be covering the story as reporters, as journalists, well learn more details in hours and days to come. We promise we will share that with you. Hoda, i mean, you know, for the moment all we can say is we are heart broken. Im heart broken