Rossed 1. 57, on a gap basis, lower than anticipated. 5. 77 billion dollars, higher than what was estimated from analysts. In the case of netflix, it actually makes sense. These are the conditions in which people would be signing up for netflix and using it. First quarter screaming First Quarter streaming, adding an 8 million. 15 point this is a big beat in terms of the number of subscribers added to netflix in the First Quarter. Analysts were looking for 8. 4 7 million. If you look at healthy stock is performing, it is getting a bit of a pop here. Up about 6 , 7 . Texas instruments numbers crossing the wire. We will start with the forecast. , 2. 6are saying q2 revenue one billion to 3. 1 9 billion. Almost a half billion dollars difference there. Buthe lowend, very light, on the high end, about what analysts were expecting. It is down 7. 3 on a yearoveryear basis. Ebs, . 64, estimate was for . 93. These are some wide ranges. I want to bring back into the conversation, alicia levine, bn
The global corona crisis you can find more information on the mindset e. W. Dot com and on social media channels. Oils collapse in the u. S. Has Global Markets worried deflation is the big fear as producers rein in production the question on everyones mind when will demands pick back up. Beijing gets back to business well see how chinese firms are changing to cope with the coronavirus. And pandemic measures claim a victim down under as ferg an Australian Airlines files for bankruptcy. This is your Business Report im sure. Its good to have you with us now the crash in u. S. Oil prices is reverberating around the globe pushing stocks toward losses and driving Commodity Prices down major Oil Producing nations could be hit hardest with lower prices carving chunks out of their budgets theyre now hoping that demand rebounds in the months ahead. Demand for oil has plunged amid the worldwide lockdowns lentil cough in 1000 pandemic and that coincided with a surge in oil supply the result of a r
Reporter you were good just like her and shes looking for answers thankfully with the help of training expect. Thank you is not life as we know it. Together our new web series. Oils collapse in the u. S. Has Global Markets worried deflation is the big fear as producers rein in production the question on everyones mind when will demands pick back up. Beijing gets back to Business School see how chinese firms are changing to cope with the coronavirus. And pandemic measures claim a victim down under as Virgin Australia Airlines Files for bankruptcy. This is your business report. Stephen theres a in berlin its good to have you with us now the crash in u. S. Oil prices is reverberating around the globe pushing stocks toward losses and driving Commodity Prices down major Oil Producing nations could be hit hardest with lower prices carving chunks out of their budgets theyre now hoping that demand rebounds in the months ahead. Demand for oil has plunged amid the worldwide lockdowns linked to t
We have three markets. Maybe even more. After a day where the dow advanced 39 points, s p declined. 05 , nasdaq did one point, i want you to forget about the averages for a second or a week or a year or until the end of the pandemic. Thanks to the onslaught of the coronavirus, something that no ones ever seen, were seeing Something Else thats incredible not just the complete untethering of main street from wall street, but the disentangling of even small publicly traded companies and medium size ones from the big dogs that have it easy and can handle this hellatious moment. We all know main street isnt wall street. When we get another hideous jobs loss claims number like we did this morning, now were seeing more separation, that is its stunning. In my 40 years of investing, i have never seen anything like what im about to talk about so im going to walk you through what could amount to a destruction of a fair share of American Business that incredibly might not impact much of the stock
Today. We are seeing crude fall 13 when it comes to w. T. E and the phillipines, that is one of the weaker side. But when it comes to the june ontracts, down 4 to 19 bucks. Look at what it comes to w. G. E . We are hovering around the 11 mark when it comes to new york crude, down 13. 6 . We mentioned about the United States oil fund, the largest oil fund in the world selling off e and ingsings in w. G. Unexpected move. Lets get more analysis with jp morgan asia yeah strategist. Is this starting to hurt the equity market . I think the moves that we are seeing in the oil complex is very, very specific. And looking across massive impacts doesnt i think the easiest thing to see the forward looking long data futures on Oil Prices Remains rather stable and it is not assuring. And the weakness we are seeing the new york futures is specific to the supply and storage they are seeing. I wouldnt put too much into that will market at this point. Interesting you say that, there is a divergence and