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Our road map begins with the earnings deluge. The busiest day yet with 3m, comcast, dow crossing the tape plus, tesla shares tanking this morning despite record deliveries of its electric cars. The automaker did report a larger than expected loss. And max pressures southwest shares falling sharply ahead of the bell. Loves gary kelly will join us exclusively this hour. Stocks set to make new record highs with two big movers today. Tesla, a larger than expected loss for q2 margins down despite record deliveries of course, facebook beating on both the top and the bottom lines, but with that warning that growth will slow. Results include a 2 billion charge as part of the 5 billion settlement with the ftc as facebook resolves one probe, disclosing yet another, saying the ftc began an antitrust review in june, which is separate from the antitrust review of Big Tech CompaniesJust La ....
Information. Yeah i was being a littlee bit hyperbolic off camera. Cer things have changed. C i want to say yesterday alarm bells went off all up and down the eastan coast. Oast. Modeling started suggestinguggen that hermine was going to comeom right up the east coastoast basically right up i95 withit flooding rain and high winds his so the track from them Hurricane Center changed and and it brought basically hermineer up i95 is what it did. Did but what happened was it early this morning it started ia shifting more to the east eas again simply because these models were able to figure out exactly where the center ofter hermine was and newnd information went into theinto modeling so i think theng so te forecast now is getting better. And whats happening is the shift of the track is moving ism to the east and it continuesti to move to the east taking itini more off to sea. More ill show that you in just a jus second. Right now all ....
Hello. Welcome to countdown. I am mark barton. I am anna edwards. 6 00 in london this thursday morning. Bloomberg reporters are standing by around the world ready to deliver stories that will drive your day. We have details of a slide in stock prices. Manus cranny has been digging into bernankes policy decision. And also looking at nintendo in desperate need of a power up. We will look at what the company is doing to boost its profits. Anothernovo with purchase. Hans nichols is in berlin. Big on the super bowl with the new ad campaign. And Caroline Hyde on facebook shares. Lets tell you what is coming up on bloomberg this morning. E have some big interviews we have Andrew Griffin that will join countdown after the earnings break. We will also get results from menezes. s ivan china manufacturing shares david with us from hong kong. Good morning. Good morning. It is a confluence ....
Red across the board on some weak u. K. Cpi. Respectively sitting at or around new highs, the nikkei logging its best gain in two months. Apple puts ice new ipad retina on the market. And walmart steps up the competition. Another record close for the dow. The s p finishing just a fraction high of the alltime high. The nikkei closes at a high. And up say, jim, the dips are bought again and again and they are. A lot of times its just the intra day dip. Something might happen, a piece of data comes out and people say this is my chance. Theres a classic downgrade today of fedex. Fedex has been on fire. That deal with amazon and the post office, that is bad for fedex. Watch that stock. That will be the tell. It will go down a little and then buyers come in. Buyers cannot resist the transports. The downgrade of fedex to a market perform, they raise their price target from 136 to 117. They dont even mention the amazon ups deal. They say the value is outpacing demand i say thats convincing, i ....