Slowing traffic. U. S. Markets close in two hours time, lets get check on where stocks are very we seem to be a standstill today. Never record, we have some red on the dow and s p 500, the nasdaq on pace for a potential record close read record close. The tech heavy nasdaq again on pace for a record close if it happens, the first since june 9. Not so far from a potential alltime high. Lets take a look at the chart on the bloomberg. Of until just recently, tech have been pulling back. Represents the money flows and the qqq q are associated with the nasdaq. Green flows income red flows out. You see the tech fullback, the qqq to higher. Netflix shares are absolutely soaring on the day, it would take a look at the today chart of netflix, we see the stock is up in a huge way on a big subscriber beat. 15 over the last two days. They put up 5. 2 million subscribers versus the estimate of 3. 2 3 million. Really knocking it out of the park. Much of that from international growth, which is what
Slowing traffic. U. S. Markets close in two hours time, lets get check on where stocks are very we seem to be a standstill today. Never record, we have some red on the dow and s p 500, the nasdaq on pace for a potential record close read record close. The tech heavy nasdaq again on pace for a record close if it happens, the first since june 9. Not so far from a potential alltime high. Lets take a look at the chart on the bloomberg. Of until just recently, tech have been pulling back. Represents the money flows and the qqq q are associated with the nasdaq. Green flows income red flows out. You see the tech fullback, the qqq to higher. Netflix shares are absolutely soaring on the day, it would take a look at the today chart of netflix, we see the stock is up in a huge way on a big subscriber beat. 15 over the last two days. They put up 5. 2 million subscribers versus the estimate of 3. 2 3 million. Really knocking it out of the park. Much of that from international growth, which is what
Defense secretary james mattis is expected to send nearly 4000 more troops there this summer. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Bloomberg technology, is next. Emily caroline im Caroline Hyde from london in for emily chang. This is bloomberg technology. Up, big blues for ibm. Revenue dropped for the 23rd straight quarter. We break down their losing streak as investors lose patience. Plus, the annual meeting of the minds as leaders in tech converge on colorado to share ideas on cybersecurity, ai, and the future of work. We are lives in aspen. Reruns that digital eyewear with a new focus. We get an upgrade to the google glass and how the corporate version resonates with users. First to our lead, it is a hit and a miss for ibm. While earnings for shares are dropping afterhours after the tech giant came out with revenues that fell short. Sales in the cloud platforms, as a key new ar
And looks to push shares higher with a big money Share Buyback. Banking on big profits hsbc rakes billions of dollars and looks to push shares higher with a big money Share Buyback. And china cools the worlds second biggest Economy Saw Manufacturing growth slow last month, fuelling fears that chinese growth is on the slide. Welcome to World Business report. Im sally bundock. Also in the programme, we will show you a robot that can crack open your safe. First of all that silly when on the latest numbers coming from europes biggest bank, hsbc, reporting its earnings in the last 30 minutes. It made a pre tax profit of 5. 28 billion in the Second Quarter of this year. A from 4. 6 billion the previous time and analysts were expecting a high number but not as big as that. It announced a Share Buyback as many we predict in, looking at 2 billion worth. It looks to make the most of its huge cash pile. The move will effectively restrict the supply of hsbc shares in the marketplace of course and
Before on wall street and a strong session in asia. If youre going on holiday, what do you do with these things, your pets . Would you let someone stay in home for free if they agree to look after your pets for you . We will speak to the man who is trying to make a business from that very idea We Wa Nt Business from that very idea we want to know how far would you relocate for work . Let us know just use the hashtag bbcbizlive. Hello and welcome to Business Live. Yes, do send in your thoughts and your questions about the stories were covering. Including staying in peoples homes looking after their pets. In a decade apple has sold more than 1. 2 billion iphones and it seems like the worlds most valuable company. It doesnt see any end to our enthusaism for one of the 21st centurys most revolutionary products. It appeared to dismiss fears of a delay to the expected september release of its latest model as it told us it made 16. 1 billion of sales in the three months from april to june. So