Arizona, and hospital cases in california all marking new highs. Plus top advisers to President Trump are set to urge the u. S. To undermine the hong kong dollar peg to punish china for its crackdown in the city. Ons get a quick check up how markets are set up for the open. Here is Sophie Kamaruddin in hong kong. Sophie in asia this wednesday, we are seeing a mixed start to the session with focus on china and if mainland stocks can keep up that rally we have seen for six days. Futuresd 14 so we have in the green for the most part. Hang seng futures settling higher after the rally did stall in hong kong on tuesday. Switching out the board, checking in on the hong kong dollar, which continues to have the 7. 75 mine as they continue to defend the peg, we are seeing little reaction in the curb. Jumping into the terminal for a big picture book, low 200 pips after the spike we saw in may but staying elevated on economic and political uncertainties. Tracking any reaction to a bloomberg report
Turning a profit, and we will break it down. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, uber said the losses would decline next
And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, uber said the losses would decline next year. Both have indicated the price wars woul
honk the victims, 86-year-old ruth whitfield who stopped for groceries, she had just returned from visiting her husband in the nursing home. her son spoke to omar jimenez. one of the things that we as a family wanted to ensure is that we call it what it is, it is white supremacy, it is hate, it is racism, it is bigotry. we got to call it what it is and stop beating around the bush and take it head-on because it is proliferating, it is not getting better. jasmine wright is for us in washington. and as you just heard, the families are calling for officials to confront racism head-on and it seems like that is what the president plans do today. reporter: that s right, christine. a white house official says that the president is expected to address the racial motivations that led to this shooting and he is expected to condemn them, but also call on americans to embrace diversity, the thing that makes this country really america frankly america here. so we will see the presid
embrace ai and propelled many other tech trains to big market gains. on monday they got their answer, a partnership with openai. and chatgpt powers for cre plus some enhancements like proof reading and writing help and ai generated images in the mode geez. and even though the news came on monday, it was not until tuesday that the market rewarded apple s efforts. on monday apple she was actually closed down around 2%. but on tuesday, shares ended the day up tuesday, shares ended the day up 5% to around $203 per share. that is a new record high for apple, betterthan that is a new record high for apple, better than december. those new ai tools are only available on newer models of apple products at the iis pro the older series will do it neither will the base model iis neither will the base model i15 and i ve max will need to have apple preparatory and one chip or newer. and that if suitors are betting that consumers will upgrade their devices to take advantage of the new tools