happens there. you see the pboc draining some money out of china, yet the metal still holding on relatively well. guy: let s talk about gamestop and alone more detail. shares trading again. they were halted around the market open. let s get some details as to what is happening today with abigail doolittle. ritika: it is really ash abigail abigail: it is really pretty extraordinary. this is the poster boy of messageboard trading, this stock heavily shorted by wall street on the idea that brick-and-mortar gaming store would have a demise, but on these message boards, you were mentioning reddit, saying by the stock saying buy the stock over the last four days. up 131%, something incredible, especially since the wall street pros are saying you want to sell this stock. the other parts of this has to do with the options market. if you go to the bloomberg terminal and take a look at call volume, recently at a record high as investors, these retail traders want in. calls the chea
u.s. futures slip on the news. open for business. france resumes critical trade links with the united kingdom but travel depend on negative covid tests. brexit hangs in the balance, but michel barnier says both sides are ready to make a final push. very good morning to you. just past 6 a.m. in london. another day we are seeing a mixed picture when you look into the u.s. risk off in terms of the u.s. asia, up more than 5/10 of a percent. s&p 500 futures a little over. what we clawing back had earlier which was a lot lower. this comes overnight with the president of the u.s. putting up a statement, a video on twitter, talking about the fact he things more money should be added to the covid-19 relief bill. we have the pound trading north of 1.34. up nearly 3/10 of 1%. part of it has to do with the fact trade is going to get again open with france. that trade resuming at midnight overnight. also the fact brexit talks seem to be in a final push. we will have to wait and see. we ha
even though it might be a happy new year, not so happy in risk assets. second down day. dropping the most in more than three weeks. caution coming into equity markets and risk assets here at the end of the year. most currencies gaining against it. edging out.yield same dynamic where money is moving out of equities but also out of bonds. the10 year yield, it was arrest the stock the financial world. carlos ghosn was put on trial in japan. allegations that he denied. the former head of nissan said he fled to lebanon to escape injustice and political persecution. let s bring in will. great to have you with us. carlos ghosn has been under house arrest and was allowed out on bail in april. how did he manage to get out of japan under such heavy surveillance? surveillances is in the right term for this. it s a mystery. has his threed he passports so perhaps he escaped from japan using a different name, different passport. but he was under very tight surveillance, house arrest sinc
countries that help corporations avoid taxes. the federal government is trying to end food stamp benefits for 17,000 70,000 americans. a new revelation could make it harder for states to get waivers. the agricultural secretary said newnew rule will move recipients toward self-sufficiency and into employment. saysritish prime minister security and intelligence sharing will be the main factors in deciding whether to let a chinese tech company build 5g networks. at the nato summit, johnson said he does not want to be or want to u.k. to be hostile to overseas investments, but also has to protect national security interests. he reportedly put off the decision until after the election in britain. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i m mark crumpton. this is bloomberg. from bloomberg world headquarters, i m shery ahn. in toronto, i am in for amanda lang. welcome to bl
stocks died. , $15s fall the most billion wiped off the board. will the streaming giant recover? our top story, microsoft shares topping after fourth-quarter results that topped estimates. strength inontinued the cloud business. the ceo is working to keep up a steady flow of cloud deals to narrow the gap with market leader amazon and offering bundles including office, windows, and other security products as well. to unpack it all, we are joined by cloud reached ceo aaron paynter, who spent 14 years at microsoft in the u.s., brazil, france, and china, where he served as gm for a few years. also, a reporter from bloomberg intelligence. another big order from microsoft as expected. what is the top take away? almost every line item was good. i mean, we did not find any mistake in the quarter so far or anything negative. the digital deal is going to be guidance and seeing how they can the big deal is going to be guidance and seeing how they can come up with first quarter numbe