India may miss growth targets as the virus cripples the outlook. Intel plunged after its new chip reduction process was delayed again. The company is under pressure as customers increasingly turn to rivals for chips. We are just getting pmi data out of australia crossing the bloomberg. The pmi actually rising to a record high in july. This is a preliminary number for services coming in at 58. 5. Manufacturing pmi also higher, 53. 4 from 51. 2. Composite at 57. 9. A big jump from the 52. 7 in the previous reading. That returnecting to some semblance of normality as part of australia exit the stricter lockdown. Going forward will be key given we are seeing a fresh sixweek lockdown from victoria. Lets take a look at how we are setting up this friday session. U. S. Stocks falling to the lowest in about a week after unexpectedly high jobless claims rekindling worries of the economic recovery stalling. We are seeing more recovery when it comes to trading in futures contracts come up about. 2
And it is said to but that states may not be better staying on in new zealand since it was pretty clear even early on that new zealand had the virus under control much less clear what was happening in the United Kingdom and the us as proved with some 50100 cases only 22 deaths in new zealand as one of the best records in the world so why has new zealand succeeded or so many other countries have failed imo join from Wellington New Zealand by a key government adviser in the fight against the coronavirus professor Michael Baker professor becker welcome to the i like simon show reasons wellington for us are back of the room Prime Minister to send a devil has received great plaudits for her clear leadership during the pandemic just how important has that been to the success of Public Health policy in new zealand. Yeah i think its been absolutely critical and if you look around the globe the real success factors i think have been very good scientific leadership and very good Political Leader
Unless you step down from mrs obama or nancy pelosi tell us is this nightmare of a presidency is on its last legs november cannot come too soon general says biden has more chance of landing on the moon than winning and then goes on to say the silent majority will turn out for trump the green agrees and says i think you walk it scott and says there is no way to run a pandemic government just save lives and thats right its a president is feeling the American People are feeling this i refused to believe finally norton says i hope to start to wake up from this multiple nightmare in november with a biotin when. Now ellie on unless and dammit lot then i was contacted by a scot who was visiting new zealand he was extremely anxious to get back to scotland and up with a touch of his local member of parliament back without thinking and it is said to me that states may not be better staying on in new zealand since it was pretty clear even early on that new zealand had the virus under control much
Do things we wouldnt normally do because we were threatened with being destroyed on a bill to work and we have become a way that we are just a pile of misery. The Protester Attacks police in new york during a march against gun crime several officers are injured including a police chief there earlier knelt in Sole Authority block lives matter. A warm welcome to our to international my names you know me 30 minutes of news and views start. The British Foreign secretary has accused russia of meddling in the countrys general election last year by leaking classified documents earlier. Joins me here in the studio to discuss developments. Well 2020 has been a fairly unprecedented yes so far but apparently theres now one constant to not is russian interference in a lot its a parliament the u. K. Foreign secretary dominic robb a power 8 concluded that the 2019 general election wasnt purely the democratic will of the people in action the government has concluded that it is almost certain that rus
9 after reporting yesterday afternoon. Lets take a dive deeper into snaps quarter stifels john eggbert and Lloyd Wamsley of Deutsche Bank joins us now gentlemen, you both have buys on this stock, and there was interesting commentary from snap about how theyre expecting lower user growth in the Third Quarter, and theyre also anticipating there will be significant revenue headwinds, even though the first 19 days of the quarter they showed 32 Revenue Growth so jon, tell me, why are you so bullish . Well, im bullish because of the longterm story. And i think that the underlying trends are still intact. On the short term, it sounds like the Third Quarter will have some complications were not exactly sure how much sports well have. Back to school may be limited in parts of the country feature films wont be launching like they normally do, and those are big areas of brand advertising spend that snap and other Digital Media players benefit from in the short term but in the long term, the direc