That the banksle were the focus point. They seem to miss in terms of overall trade. In terms of miss overall trade. The laststeven, over couple of days, it has been middling, hovering your record highs. When you look over the next few months, do you think we still have sort of enough of a catalyst year to kind of keep this momentum going, pushing equities higher, and how do you think that fits in with, i guess, regards to the earning picture earnings picture that we have . Is no i think that worry. A good deal of this has been momentum. Overall, we are not bearish. We think we have a record high level of eps in the United States this year, and, probably, we can go on to another one in 2020. The problem is it cannot be everything that everyone wants, which is a rapid gain in eps with ever rising asset prices, getting it altogether. Inflation low, profits high, markets high. Broadly speaking again, i do not think we have come to a point where we are just wildly irrational on equities pri
The market rally lets get to dom chu to give us a broader picture of what were seeing here. The whoopwhoops are happening all over the place, not just on the floor but across wall street and investing america because we are, again, at record highs for the overall stock market the best start to a year for the s p 500 since 2003 back then, it gained around 6 were at that 4. 5 , maybe close to 5 at this point. Check this out the s p 500 over the past week is up 1. 5 industrials, consumer discretionary, energy, financials, cyclical, economically sensitive the ones who do good in a rising economy. Those sectors are outperforming. Meanwhile, Interest Ratesensitive sectors like real estate, telecom, utilities, Consumer Staples are the market underperformers. As for the best performing stocks in the s p 500 and the worst ones, check this out because we have at least Seagate Technologies showing its going to be the best er performing stock so far on the Dow Jones Industrial average side, no sur
He will appear by Video Conference thursday to face parole commissioners. Global news 24 hours a day. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. I am Caroline Hyde from london in for emily chang. This is Bloomberg Technology. Recordup, netflixs secondquarter. Why content is king as tech earnings get underway. Uber fit for business . The west coast had joins us to discuss the business platform and rebuilding the Company Culture without a c. E. O. At the wheel. The highs and lows and hacks affecting cryptocurrencies. We dig into what is driving volatility and the bitcoin selloff. Netflixs secondquarter has seen the Company Shares climb 30 . The streaming service delivered adding 5. 2 million streaming subscribers with a big portion of that coming from outside the u. S. Shares are rallying in afterhours trading, up 10 . Cory johnson joins us from San Francisco. Completely smashing it on the subscriber side. Now it seems they have 50 50 when it comes to internatio
Ethereum Classic (ETC) traded 0.7% lower against the U.S. dollar during the 24 hour period ending at 20:00 PM Eastern on June 14th. Ethereum Classic has a total market capitalization of $3.71 billion and $177.74 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can currently be […]
Ethereum Classic (ETC) traded 1.8% higher against the U.S. dollar during the one day period ending at 20:00 PM ET on June 12th. One Ethereum Classic coin can now be purchased for $26.11 or 0.00038334 BTC on exchanges. During the last seven days, Ethereum Classic has traded down 12.1% against the U.S. dollar. Ethereum Classic […]