Again as it opens an investigation into one of apples most critical suppliers. Details ahead. Plus we go back to the picket line as Hollywood Studios return to negotiations with actors this week to end the monthslong strike. But first, i check in on those markets, and boy, has there been some volatility, particularly in treasuries. Whats the read across here . Theres been tremendous volatility at the surface level, so much so, lets start beneath the surface. If we had been looking at this board an hour and a half ago, there would have been at least some red on it. But it flipped to the upside. Microsoft and meta, two of the mega cap companies. That are reporting this week. Microsoft tomorrow, and meta on wednesday. A big piece of this turnaround for sure from a micro standpoint. For microsoft, one of the keys could be their outlook for azure, the Cloud Business that was disappointing. Plus color on a. I. , for meta, its all about whether or not they can maintain mid teens growth. That
Welcome to daybreak australia. I am haidi stroudwatts in sydney. Annabelle i am Annabelle Droulers in hong kong. In the top stories this hour, asian stocks primed for gains after an upbeat day on wall street was job data supporting the case for fed rate cuts this year. Around 600 Japanese Companies as well report earnings later today. Haidi president xi pledging fresh investment in hungary as he receives backing for beijings pushback against overcapacity claims. Annabelle we are to the bloomberg tech summit as Silicon Valley leaders talk ai and much more. We will hear this out from snap ceo. Kicking off with breaking news this morning, we have perus central bank making its Rate Decision as forecast by most economists. We are seeing that cut coming through to 5. 75 earlier at 6 . We did action have a decline last month in Consumer Prices that sort of green lit what has been a secondquarter point reduction here but inflation last month slowing to 2. 42 in line with the Central Banks targ
For the nasdaq 100 flat on the day. The Dow Jones Industrial average still in the green. The vix relatively calm. Lets look at the bond market. This is where all the interesting action has been. We have the two year yield above 480. Youre seeing the direction of travel downward in yields. It is above what we saw in the 10 day low of 470. Still well above the mark. The 10 year yield at 448. New york crude at 79. Early up on the day. Gold spa still on the rise. Roadblocks plunging on weak bookings. The game a down more than 20 on the day. A tough day. Airbnb posting a weak outlook for the estate sector. Equinox up about 11 on the day. Much moves abroad. Bank of england held Interest Rates steady but set its clear interest indicating markets render pricing the pace of easing in the months ahead. Earlier, Francine Lacqua sat down with bailey about the next steps. Our forecasts are conditional on a number of things. We use of the market curve to set them up. It is important if we find the f
Little joins us to talk about the state of spending. Im Katie Greifeld in new york. Another quiet day on the screen behind me. The s p 500 unchanged. The nasdaq 100, more action but to the downside, currently off by. 2 . Also put the vix, not sure why but it never does much. Slightly on the rise, trading with a 13 handle on the vix. Lets find some excitement. Less than blockbuster results for morning brothers warner brothers. Poor performance at studios. Geetha ranganathan joins us now. What was your take away from the earnings . Geetha tv advertising and the Network Business continues to be under tremendous pressure. Tv advertising fallen by 11 and that crimped but there were bright spots. Cash flow was strong. This is a merger between warner bros. And discovery. They guided to an extra 1 billion on top of the 4 billion they already achieved. And then hbo max, good subscriber of momentum. They have a whole bunch of new international lunches upcoming. It is becoming a profitable busine
Thank you very much. Have a seat. Thank you. Thank you very much. Thank you. Have a seat. Thank you very much. Good morning. President , speaker, members of the 64th legislature, auditor included, treasurer gordon, superintendent, chief justice burke, members of the judiciary, members of the military, veterans, fellow citizens, my family, good morning. Today i give my eighth and final state of the state address, and in preparing it, i have had a lot of thoughts, including the speaker and president have been kidding me in recent days that its too bad, it takes about eight years to train a governor and just when you get them trained, they leave. It was a couple years ago when the president of the senate, when he was announcing me, rather than saying his excellency, he said the executioner. So it takes awhile to train a speaker and president , too. What a privilege its been to appear before a joint session each year and talk about wyoming, the state we love. I believe our work these past