Getting because we have a long weekend of no trading this holiday. Jonathan lets go around the world and check in with our bloomberg world news. Mike mckee is in new york. Then, a wrap of the g7 meeting. And then another warning about the cost of a brexit. Time, thetes government updates data on growth. We are joined by mike mckee who says the fed is likely to focus on bad news in the numbers. Mike half a percent growth in the First Reading of the First Quarter. That is likely to be revised up according to forecasts, but others on wall street will be focused on two numbers in the report. One is business spending and the other is our first look at corporate profit for the quarter. In the april minutes, there was a lot of talk about why business spending has contracted. As theyall companies decline, business spending has contracted. We saw that yesterdays durable goods report with capital goods unexpectedly falling. If we do not see profits rise, will be economy keep growing out a strong
Julie hyman has a look at what is looking like a flat opening. Toie people are waiting hear from janet yellen. Even though she is scheduled to talk about herself, essentially her achievements in her career at harvard today, some investors think she will talk about Monetary Policy as well. Jeff gundlach think she will put the brakes on some of the more hawkish fromments we have heard members of the fed. You see a little lift in stocks today. Revisions,latest gdp showing growth of a 10th of 1 . And in the past few moments, we got the final numbers from the university of Michigan Consumer sentiment at 94. 7 pay the prior read was 94. 4 . This is the final revision of that number. Thats look at what sectors are in the move in the s p 500. Today,is the laggard donald oil prices, but otherwise, Consumer Discretionary financials coming back after losses yesterday. Health care and Technology Trading higher in todays session. On the downside, we have energy and oil prices pulling back the secon
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DoorDash, Inc. (NASDAQ:DASH) Q4 2023 Earnings Call Transcript February 15, 2024 DoorDash, Inc. misses on earnings expectations. Reported EPS is $-0.39 EPS, expectations were $-0.15. DoorDash, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. […]