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BLOOMBERG Bloomberg Technology July 13, 2024

Media giantal disney beats Fourth Quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. Stories. R top facebook continues to struggle to read and trust over how it handles user data. That has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier and ben brody in washington. Let me start with you, sarah. You covered this story. What do we know from these documents . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between h ....

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

The hong kong drama turns the page as u. S. Lawmakers vote to support the protesters and review the citys relation with china. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures under a little bit of pressure after we saw u. S. Stocks really rally throughout the session and major indices gaining about 1 . The s p 500 at one point topping 3000. Health care in financial stocks leading the gains. Johnson johnson, unitedhealth and jp morgan reporting solid results. We also have the nasdaq closed 1. 25 higher. All of this as 10 year yields gaining for the fifth consecutive session despite the fact the imf came out and cut the Global Growth forecast for this year for a fifth time. Let see how things are shaping up in asia. Sophie it is the bank of koreas turn in the hot seat today with a 25 basis point cut expected and the politically key jobless rate due as moon jaein attempts to create employment. ....

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

As another top sponsor walks away. Turkey sins and the troops after a wave of airstrikes in syria leads to growing criticism. The u. S. Threatens sanctions in response. Shery we are seeing u. S. Futures gaining. 1 after we saw markets rebounding from two sessions of losses in the regular session. We had tech and Energy Leading the gains. We had a little more trade optimism today after bloomberg reported that china is still open to a partial trade deal. Suffice it to say we saw some of those gains being pared back in the afternoon session after another report said that china is starting to play down expectations of progress in those talks. Investors also had to digest the full mc minutes. Members seemed a bit more uncomfortable with that growing gap between Market Expectations and their own projections. The focus now on a u. S. Cpi coming out tomorrow. Lets see how we are ....

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Of the trade war and turkey agrees to a temporary ceasefire in syria. Pencera jumped as mike said tariffs will be lifted if the truce remains in place. Liveeen im Kathleen Hays in washington, d. C. , at the Imf World Bank annual meeting. In this hour, i will be speaking with the secretary of finance from the philippines and the Bank Indonesia Deputy Governor about the impact of the trade war and more and what policymakers can do about it. Shery first, let us get you started with a check of the markets. We are seeing u. S. Futures unchanged after stocks climbed to an almost a record high in thursdays session. The s p 500 at one point topping 3000. We had health care and real estate leading gains. We had mostly positive
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Appetite for treasuries. Jay powell insists it is not the return of qe. Tension sores in the middle east. Turkey says its forces will move into syria at any moment. Shery lets get you started with a check of the markets. U. S. Futures under pressure, fell. 1 after the s p 500 for two consecutive sessions. Semiconductors taking the biggest hit, they fell the most in about six weeks. We have trade headlines sparking concern about tensions intensifying between the u. S. And china. That is upsetting some of the comments coming from fed chair powell, who left the door open for rate cuts. The dow lost more than 300 points while the nasdaq fell 1. 7 . Lets see how we are setting up in asia. Sophie australian markets have lower, asx 200 opening snapping a threeday gain. Bhp shares among the biggest laggards. Studyssie dollar trading after overnight gyrations on the trade brinkmanship. Confidence numbers for october are due in a halfhour. Nikkei futures pointing to a lackluster start. South kor ....

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