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Transcripts For BBCNEWS Business 20240703

first quarter for the ftse 500, up 10%, first quarter for the ftse 500, up io%, and people bought on a dip, which is what i thought they would do, so i think this is based off a strong rally we had in the last week, and i think that s it. i think the guidance some of the companies have been given, while earnings have been good for the last quarter, the guidance has been that that is a sign the economy is slowing down, so i think that might be part of it. we are near the i think that might be part of it. we are nearthe end i think that might be part of it. we are near the end of the first quarter earnings season and most companies have reported we have had uber today and recently we have heard from the big tech companies. what is your sense about the economy from the perspective of corporate america? , america? very good, actually. the consumer is america? very good, actually. the consumer is continuing america? very good, actually. the consumer is continuing to - america?

Transcripts For BBCNEWS Business 20240703

were expecting, up 15%, thanks to people taking more rides and also using its food delivery service, but the thing is the right hailing and food delivery company still disappointed investors and one thing that wall street was focused on was gross booking. that number came in lighter than forecast and its predictions for the coming three months also were disappointing. so, despite turning in higher revenue, uber posted an unexpected loss of around $651; million, up from 157 million this time last year. earlier, i was speaking to andrew hawkins, transportation editor at a new service covering the tech industry, and he told me what wall street was worried about. while uber s fundamental business model appears to be improving and gaining strength, it s still not completely out of the woods. and what i mean by that is that there are still a lot of regulatory issues, there s a lot of legal expenses that the company has been having to pay. it had to make a massive settlement brought

George Dunlap serving last term as chair, will remain on Meck County Board of Commissioners

Rally in small, mid-cap stocks raise concerns over valuations, bubble in market

Unison Announces DBRS Rated Securitization of $215 Million of Unison Home Equity Sharing Agreements

/PRNewswire/ Unison, the pioneer of equity sharing agreements, closed a securitization of $215 million of assets, supporting the U.S. Home Equity.