Record, but some workers are not celebrating. Beyond. Ity and Richard Bransons Virgin Galactic could be the first Space Tourism business to go public. We will analyze demand. The first, top stories. Alphabet earnings. The report was impacted by heavy investment in googles Cloud Computing business. Google has been Building Data centers and hiring sales people that runsoud Unit Services over the internet. , our correspondent from bloomberg intelligence. Cloud is all the rage, potential for future growth. What did you make of it . Like you said, they are spending. They are showing results. What we are seeing for the next centerhey will take the focus and you will get success here and they have the capacity to compete. You will see this being a bigger deal for google but at a cost. What is your take on keeping up in the Cloud Business . Continued take investment as we just said, but there is a huge potential for payoff. Taylor i want to talk about the statement it looks like Topline Revenu
On whether to support the impeachment inquiry against President Trump. Lets get you started with a quick check of the markets. We are seeing u. S. Futures Holding Steady after the s p 500 closed at a record high, taking out its july alltime high. We had trade optimism with President Trump signaling the signing of a deal may be ahead of schedule. At the same time, a heavy week for earnings. More than 160 Companies Reporting this week, about a third of the s p 500 companies. 80 of the around 200 companies that reported have beat analyst estimates. We have tech and also communication stocks leading the s p 500. Today, the nasdaq gained 44th consecutive session. The Energy Sector weighing on the energy. Wti crude falling for five days after we have had signs of u. S. Stockpiles expanding. To see how things are shaping up for asia, sophie. Sophie the stock rallys look set to continue in asia. Aussie futures approaching record highs. Valuations in the region. Singaporeth korea and with a str
Workers are not celebrating. To infinity and beyond. Richard bransons Virgin Galactic could be the first Space Tourism business to go public. We will analyze demand. But first, top stories. Alphabet earnings. The report was impacted by heavy investment in googles Cloud Computing business. Google has been Building Data centers and hiring sales people for its cloud unit that runs services over the internet. Joining me, our correspondent from bloomberg intelligence. Cloud is all the rage, potential for future growth. What did you make of it . Like you said, they are spending. They are showing results. What we are seeing for the next year, they will take the center focus and you will get success here and they have the capacity to compete. Microsoft. And you will see this being a bigger deal for google but at a cost. Taylor what is your take on keeping up in the Cloud Business . It will take continued investment as we just said, but there is a huge potential for payoff. Taylor i want to tal
Environment for our clients. For our client franchise. Nejra while some of the sharpest minds in finance and investing show their insight on instability. History doesnt tell you always the right answer. One diversifies, rebalances. What should happen at the end of the day . Not hour to hour. The Way Television works. Nejra plus, a bonanza of earnings reports with commentary. Asia will be one of our growth engines. For us, digital. The growth is a very well spread over all the categories. Nejra it is all straight ahead on bloomberg best. Nejra hello and welcome. I am nejra cehic and this is bloomberg best. Your weekly review of analysis and interviews from Bloomberg Television around the world. On monday, with equities coming off their worst week in two years, u. S. President donald trump made two major announcements, unveiling his 2019 Budget Proposal and a longawaited infrastructure plan. Is President Trump seeing his 2019 Budget Proposal cutting 1 trillion from entitlement programs l
With the shares now lower. Setting out the postbrexit lets for next week and have a look across the markets. Hong kong is coming online today. There wasike this and the overall index. This is bloomberg. Coming up, the stories that shaped the week around the world with the white house pushing out a budget, but there is pushback. I hate to say that it is irrelevant. Jacob gives up his grip in africa. All of the conditions are in place and it is a countercyclical view. Ages explain why volatility is making them smile. For our much better franchise. History does not always tell you this is the right answer. You rebalance and stay away from things. I think about what should happen at the end of the day. Earningsthe bonanza of reports. Growth engine. A it is well spread. This is all coming up on bloomberg best. I am nejra cehic and this is bloomberg best. Your weekly review of analysis and interviews from Bloomberg Television around the world. On monday, with equities coming off their worst