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BLOOMBERG Best Of Bloomberg Technology July 13, 2024

Company. And cryptocurrency crusader. David marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiff competition. An growth contributed to a positive report despite u. S. Subscribers falling short. Revenue climbed to 5. 2 billion. I dug into the details with bloombergs lucas shaw. Investorsry is that were clearly worried netflix would have another backorder. Another backorder. They added a few million customers your than an spect it investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. But they were above internationally and that is where they have been telling people for years their future is. Its a sign of where netflix is going. ....

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CNBC Squawk Alley July 13, 2024

Major averages muted after the rally that closed last week. Dow and s p breaking a three week losing streak nasdaq best week in a month. Tech stocks are part of the story. Where are the buying opportunities . Christina hooper joins us with larry glazer good morning to you both good to see you. Do you think anything fundamentally changed as a result of the talks . No, but i think markets got ahead of themselves. I mean, lets think of it not as phase one, but phase 0. 5 the u. S. Thinks they made an agreement, china doesnt necessarily believe the same stocks got a little ahead of themselves, but there are always opportunities to find tech gems out there. Where are they . At least, what leads you to them in this environment now . Well, i advocated that chinese took looks very attractive, that has been beaten down since the u. S. china trade wars began seen small recoveries, but there are a lot of opportunities in chinese tech. Why do you think the administration is trumpeting partial deal ....

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FBC Varney Company July 13, 2024

Imagine that. The president meanwhile will be heading to dallas for another rally this week, doubling down on his pledge to bring jobs back to america, as a new Louis Vuitton factory gets ready to open. Texas is open for business and so are we. We are watching it all. Varney company starts right now. Theres execution work to be done on the document, but this document is substantially done. We made a lot of progress, and our expectation is this will be concluded and signed by chile. Charles that was secretary Steve Mnuchin moments ago talking about phase one trade deal thats getting ready just in time for apec, the meeting that will be held next month in chile. China reportedly wants more talks before the deal is signed. I dont know. I think its normal. People are interpreting that as a red flag. Susan we heard about this on friday, by the way. They said it will take maybe four ....

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BLOOMBERG Whatd You Miss July 13, 2024

Week, the bullish sentiment reading, the Retail Investment strategy. Many think, when they get super bullish, they will go in the right direction. Aiis going south in 2016, same in 2017. Last year, pretty correlated. Right now, pretty divergent. The bullish sentiment reading at a three year low. Some would say this is a bullish sign for stocks for the rest of the fourth quarter. Metal ive got the palladium on the mind. Offing a high today writing safe haven demand. China wants more talks before president xi agrees to sign phase one of trade deal. Worries about the tightening supply of the metal are still in play. The middle has gained more than 35 year to date. Incline since a steep drop that happens in june. Taylor we know that the treasury markets are closed today but one way we will be able to look at treasury yields is to look at the futures market. It is showing us that yields still are falling a little bit. We are down to ....

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BLOOMBERG Bloomberg Technology July 13, 2024

President joins me. His new venture. Lets Consumer Shop at home. And, the head of colibra, david marcus, joins us for an exclusive interview. We will hear from him live. First, our top story. Wework continues to captivate wall street and investors. Exploring options for easing weworks cash crunch. News trickled out that the Coworking Company lost its comedic asians officer who resigned last week. With more on the continued turmoil at wework is bloombergs leona baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the wework situation. We have two new ones hired today. Softbank is working with houlihan lokey, restructuring specialists. Invested 10 billion in we work over the ....

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