Is the first air travel bubble of its kind. There we go. We should be watching airline stuff as well but a lot of that thisready priced in after bubble was announced a few weeks ago. A have a look at the tech index here. Alibaba and tencent on the market at the moment. They are taking 179 points off the hang seng index itself. That is as we are seeing this rotation out of tech stocks, a global phenomenon at the moment. This will be because of the regulatory challenges we will be facing through some of these online retailers. Juliet . Juliet lets get Market Analysis with patrick, the global asset strategist. Patrick, we are finally getting this news of this travel bubble between singapore and hong kong. This is one thing that investors have been looking for when we start to see Global Travel open up and how that will feed into the energy markets. Lets get to our question of the day. That is when will crude back to these march highs . What is your view . Patrick morning. We are not speci
Facebook, netflix all turning positive we are up 3 4 sorry, 2 3 on s p. Another higher day, certainly off session highs. Coming up on todays show. Great lineup uper facing fresh lawsuit from massachusetts over how it which was its drivers. Early investor bradley tusk has an idea that can help them avoid headaches and take on rival lyft hes going to join us to explain. Speaking of the pandemic, new Jersey Governor Phil Murphy will join us to discuss his states path forward, whether hes prepared for what the fall will bring in the northeast. Lets focus on two key stories meg tirrell with modernas vaccine news and Big Bank Earnings certainly better with Goldman Sachs. Meg, start us off with moderna. Hey, sara the full phase one trial results from the Covid Vaccine published last night in the new england journal of medicine. This was 45 in the trial we got a glimpse of 8 out of 45 on important key data. These were healthy adults who received two vaccines a month apart. Everyone generated a
Than expected. An exclusive interview with the fed president giving hints of rate cuts to come. Id like to do more but i dont want to prejudge the meeting. We get perspective at the imf annual meeting. The Global Economy is in a gradual, synchronized slowdown. Uncertainty is having a major effect. It is all straight ahead on bloomberg best. Rosalind hello and welcome. Im rosalind chin. This is bloomberg best. Your weekly review of interviews and analysis from bloomberg television. Lets begin with top headlines. The week began with President Donald Trump touting phase one of a substantial trade deal with china, an agreement that could be signed within weeks and settle a dispute between the two nations. But it became clear monday beijing saw things differently. China wants more talks before signing the trade deal. Secretary Steven Mnuchin says more talks and negotiations are on the calendar. The plan is deputy level calls this week, principal level calls next week, ambassador lighthizer
Respond. Earnings season begins with a bang as the numbers are better than expected. With exclusive interview the fed president giving hints of rate cuts to come. Id like to do more but i dont want to prejudge the meeting. Imfe get perspective at the annual meeting. The Global Economy is in a gradual, synchronized slowdown. Uncertainty is having a major effect. It is all straight ahead on bloomberg best. Rosalind hello and welcome. Im rosalind chin. This is bloomberg best. Weekly review of interviews and analysis from bloomberg television. Lets begin with top headlines. The week began with President Donald Trump touting phase one of a substantial trade deal with china, an agreement that could be signed within weeks and settle a dispute between the two nations. But it became clear monday beijing saw things differently. China wants more talks before assigning before signing the trade deal. Secretary Steven Mnuchin says more talks and negotiations are on the calendar. The plan is deputy l
Uber ceo says they have plans. And digital fallout after democratic president ial candidate Elizabeth Warren posted a deliberately false ad on facebook. Separating fact from fiction. But first, to our top story. Is considering handing over control to softbank. They are convinced they can turn around the once highflying started. Wework is also weighing financing led by jp morgan. To discuss, i am joined by my , and, ellen, let me start with you. I want to separate the different deals. First, softbank taking control. What can softbank do that the other coceos cannot do . Ellen this discussion going on softbank, itk and is, look, the outlook is not good. More. Interested in doing and if they did take a larger stay, maybe that could change the company, so i think the discussions on the table are about mid to longterm plans, trying to get expenses under control, all of the things that wework has been criticized of. If something were to come in and take control, do we know how much money the