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Transcripts For BLOOMBERG Bloomberg Technology 20240711

Bloomberg technology. Lets take a look at the markets on the day. It was a risk on session, of course avenue do with the news out of madera that they have a vaccine that is 94. 5 effective on the volunteers. 500hat news, the s p finishing higher. Some nice gains out of the nasdaq. Moderna itself sharply higher. After the market, we did have news coming from brookshire and s. Her hathawaye berkshire added to their portfolio in terms of health care. Typically, health care a defensive space. With the virus, perhaps these additions have something to do with the virus. Stocks have been down sharply on the day after moderna news about the virus came out. Likingours, investors pfizer as well. All right, abigail doolittle, thank you so much for that round up. I want to get to airbnbs filing. The company disclosing details of its initial Public Offering plans for the first time, releasing Financial Results and previously confidential information on its operations. In ipo search that has largely

Transcripts For FBC After The Bell 20240711

95 points higher. You know liz mentioned this down the stretch of her show, russell 2000, the small cap stocks, dow transports they both closed at records today as well. That is kind of day. A lot of green and really big day for stocks. Im Connell Mcshane. We welcome you to after the bell. Those are the numbers at the close. Time now for the news thats happening at this hour. We have fox Business Team coverage with Jackie Deangelis in the new york newsroom, blake burman reporting from washington, also get to Hillary Vaughn in wilmington, delaware, president elect biden just wrapped up there remarks on the economy but blake, lets start with you. That is the big news today. That Moderna Vaccine. Tell us about it. Reporter they expect, connell, moderna does to apply for the eua, emergency use authorization in the next couple weeks. Maybe distribute the covid19 vaccine by the end of the year. When you look at numbers on the Clinical Trials it is about as good as they hoped for. Here they a

Transcripts For BLOOMBERG Bloomberg Technology 20240711

Move news out of moderna that they have a vaccine that is 94 point 5 effective on preparation of volunteers greater than 30,000 people. Real optimism there. We have the s p 500 finishing higher. We have nice gains out of the mat out of the nasdaq and moderna is sharply higher. We have a big Institutional Investment here. The big news out of berkshire, they added to their portfolio in the space of health care meyer,ng pfizer, bristol with the virus, perhaps these additions have something to do with the virus. Pfizer had been down in the day after the news around the virus came out. A divergence there. An interesting day. Interesting movement in the afterhours. Emily that was bloombergs abigail doolittle. Think you for that round up. I want to the airbnb filing. This is releasing Financial Results and previously confidential information on its operation. This listing is had to be one of the biggest of the year, capping an ipo surge. More, i want to bring in crystal. Pull up some of the h

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240711

Irelands Prime Minister told bloomberg that the outline of the u. K. E. U. Trade agreement is clear on both sides, but it is not clear that Boris Johnson wants a deal. Has let is set to join the s p 500 next month as its biggest ever new member. Just one hour to go until the start of the european trading day. We have the numbers from easy just. The Lowcost Airline is he easy jet. 4. 5 . Down this is a fullyear set of numbers bearing in mind when the end of the easyjet fullyear is, in november. The revenue is attached below the estimate of 3. 08 Million Pounds. Get to something that loss, 835e, pretax million. That is one of the things we need to understand. It will not the recommending payments of a dividend. A big question for is a jet when we get to see the ceo is, is november the worst of it . Hsbc saying that november may be as bad as it gets for the european airlines. Doesnt feel that way from the aviation flight deck, for could things become more difficult as we get through the w

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240711

Treasury yield target. Chancellor merkel looks to repair the transatlantic trade ties but bidens Irish Heritage threatens the u. K. s special relationship as his views around a hard border in ireland remains central to brexit talk. Welcome to the program, everybody. Just under one hour to go until the start of cash equities trading. Lets have a look at where users have us positioned. We saw a strong appetite for risk assets last week and that continues with the big news over the weekend about president elect biden. Point 21. 550 futures percent, echoed by ftse futures and dax futures. Buyave a sense of if not everything, buy risk and treasuries. We are not seeing full wholehearted embrace of the fixed income asset class this morning. This is what got on the global stocks outlook. Mastec futures outperforming. A lot of this had to do with hyden the optimism around what President Biden might do around stimulus although there is a senate conversation. What does this mean for reflation . W

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