Alphabet and amazon report. Nejra welcome to daybreak europe. It has just gone 6 00 in london. Earnings onslaught is a great way to describe it. Roche numbers are coming through. At 30. 4lf sales come in 7 billion. The estimate was 30. 53. First half core operating profit. The red headline, let me get to that. View toits sales growth mid to high single digits. Thats very interesting. Raising its sales growth view to mid to high single digit. Thats the red headline on roche. At 11. 1. Comes in the estimate was 10. 65. Thats a beat on first half core eps. Core operating profit for the first half comes in at 12. 36. The estimate was 12. 16. Theres a beat on some of the numbers. The headline you want to focus on is the fact that its raising its sales growth view to mid to high single digits. There were some pressures whether it wouldve raised guidance a second time this year. To the ceowe speak of roast. Dont miss that interview at 7 30 a. M. London time. Dani burger is standing by with th
5 chance it was so unlikely. You have children i have children. I have 12yearold boys who look up to both of these gentlemen and think of them as heroes. I dont want this to happen. This is a terrible idea. I think it would be fun to watch. Thats the appeal i get the appeal. Thats part of the problem you will see what will happen at recess after this. My concern is fighting after watching toy story. Lets show u. S. Equity futures at this hour were sitting here on monday morning and in the green nicely. 90 points higher on the dow. Nasdaq looking to open higher 7 points up. S p is up 17 points. Most importantly, more maybe not, we look at treasury yields as the guide to life right now, 4. 1 when you look at the 10year treasury the 2year treasury at 4. 846 you may remember where was the 30year with ackman statement . It was a week ago it was 4. 30 above where we are right now. Ackman last week or ackman in the pandemic last week oh. I dont know it peaked at 4. 30 last week it was in that
Welcome to daybreak australia. I am haidi stroudwatts in sydney. I am vonnie quinn. Intel climbs on an upbeat forecast. The selloff in big tech while bonds rise, janet yellen tells bloomberg the recent you observe revise economic strife. You are seeing yields go up. This is simply a reflection of the strength of the economy. Also, the ftx founder faces prosecution as he takes the stand in the fraud trial. Lets get a quick check on wall street. S p futures tire. Nasdaq 100 futures point to a higher open in the very early going. This after the s p dropped another 1. 2 . That brings the yeartodate gains we have had very mixed earnings in particular from the tech company. Economists are only looking for rise of 1. 9 . A lot of mixed signals out of this economy. We have the 10year yield dropping for basis points. Now it is down to 8343 a barrel. Lets have a look at those after the bell earnings. We have amazon and intel. The market is reacting well to both. Intel is saying the west may be o
Thus, sam beckman freeds testimony is the latest mustsee moment. We will look at the thorny issues over technology between the u. S. And china as President Biden plans to meet with the foreign minister. First, lets get a check on the markets with abigail. Abigail we are looking at a bit of a bearish day. Two down days in a row for the major indexes. What makes it so interesting, these quarters on the surface are not so bad. Metawas pretty good but it is the disappointing for alphabet. Right now in a correction territory, bringing the nasdaq 100 into a correction territory. Meta, the color around the ad spent weighing on shares. You can see the nasdaq 100 since jp morgan reported, it is down pretty sharply. We have another down day and another down month for the nasdaq 100. Big tech getting hit on some of these earnings. Amazon after the bell. The last two weeks, take a look at the losses for some of these names. Alphabet and meta down double digits. Apple is next week. When we put this
Nearly six weeks after the union began a walkout. And Morgan Stanley says it has its new future leader. Dont miss a first on cnbc interview with ted pick and current chief executive james gorman lets begin with the nasdaq which is set to fall deeper into correction territory the ndx coming off the worst day of the year. Now down 11 from the july highs. It looks like the mega caps are catching up to the decline of Everything Else i think theres an overwhelming sense that they all went too far. That they all got overvalued i do not share that. Well get to meta. These are not ultra expensive stocks, theyre a couple turns in pe. Theyve become major sources of fund i think its more correlated with the bond market than earnings yes, google did not tell a good story, it wasnt like they missed big meta, otherthan a few lines that were about meaningful spending, meaningful hiring and also obviously difficult to advertise when you have a wash, it was quite good. Now, the stock is down literally