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Transcripts For BLOOMBERG Bloomberg Technology 20240712

Pandemic . The ceo of opentable will be my guest. Rents are plummeting. Ceo joins us to talk about his ambition next. First, lets check of the market. The u. S. Stocks climbing today led by big tex. Big tech. We are waiting on the last jobs report before the election. How are investors handling this . Volatility is the theme of the year. Up dow at one point was nearly 1 , then down. That tells you theres a lot of uncertainty around the fact that we dont have another round of stimulus. The jobs report tomorrow, jobless claims today came down a little bit but still above pandemic levels. It looks as though september is expected to be less good than august. 875,000 jobs are expected to have been added in the month of september versus 1. 3 7 million added in the month of august. We will be looking for revisions also. Be aob picture is going to huge key to the economy going forward. All of this as we might be on the cusp of a second wave of layoffs. Yesterday, Goldman Sachs announced they a

Transcripts For BLOOMBERG Bloomberg Technology 20240712

Dismal jobs reports. Unemployment to soar to 20 . They broke the streak this as things actually calm down on the protest front. Walk us through the ups and downs. It was a volatile day. As to the move down breaking that fourday winning streak for nasdaq. Nd florida coronavirus numbers came out and higher than the sevenday average and the s p never recovering. Teches have it worse. Nasdaq 100 yesterday had flirted with a recordclosing high. Today, nasdaq had been above that level but not able to close so close. Stay at home weakness and the bioteches and seeing that rotation in the cyclicals. The big question is because these stocks are weighting for the averages, is there more pain especially after a big runup and stocks shouldnt be so high . Overextended conditions, quite frankly. Emily there is uncertainty and there are results withdrawing and slack is a company that we considered a pandemic winner because so many people are slacking as they work from home. And going public and spiki

Transcripts For CNBC Squawk Box 20170724

Forecast to 2. 1 in 2017, down twotenths percent from earlier estimates. Theyre trimming next years Growth Outlook as well fiscal policy will be less expansionary than expected they expect fwrogrowth in china, japan. Happening now, opec and nonopec ministers gathered in russia to discuss Global Oil Output speculation swirling they could ask libya and nigeria to join in on production cuts both those nations are exempt from a deal to cap output. We have much more on the meeting later in the show. Not Much Movement in the energy markets. In corporate news, kkr nearing a deal for web md. They have had a five month auction to be bought they solicited bids interest more than 100 companies and firms since february the price is unclear as of close, they had market cap 2. 1 billion. Put in some symptom you have, and then you find yourself falling into a web of web md leads to self medication, which is not good for anybody. It is good it is out there. Before you couldnt find the stuff. You go to

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