Sydney. Annabelle i am Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery good evening from bloombergs World Headquarters in new york, i am shery ahn. The top stories this hour. U. S. Stocks rebound as strong earnings roll in. Treasuries filing with fed officials signaling rates could remain higher for longer. Haidi volunteer shares turn positive on a higher profit forecast and billiondollar buyback. The company claiming Unprecedented Demand for its ai. Shery ubs of revamping its Investment Banking leadership team, while waving a plan to cut 200 former Credit Suisse staff in asia. U. S. Futures muted in the opening of the Asian Session after we saw stocks gaining ground in the u. S. Session. The s p 500 being led higher by Communications Services stocks and financials. After hours, we are also watching palantir, which at one point dropped 12 . Of course we had the buyback announcement really pushing the stock higher. But investors were initially re
Im francine lacqua. Manus and im manus cranny. Welcome back. Francine it is nice to be here. I havent missed anything, have i . Manus nothing much. Francine now we have this technology route. Big disappointment for the tech giants. Manus despite posting record thirdquarter profit, shares in the worlds most valuable company plunged more than 8 in afterhours trading as lackluster iphone sales left investors wondering whether the company can keep making its products. Francine lets bring in Caroline Hyde and paul. Thank you for joining us. Caroline, we have record earnings for apple but because we are seeing some weakness, analysts are concerned that this is the peak. Caroline a record thirdquarter and yet you are about to see 60 billion of market valuation wiped off. That is three times the market valuation of arm holdings in the u. K. It is 10 times that of stmicroelectronics. The concern is, iphone sales disappointed. We saw 35 growth. You would have thought that would be fabulous. We e
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research has said. The Wall Street bank had forecast Brent to trade at $86 in December and $93 at the end of 2024. “Consider a bullish scenario where OPEC+ keeps |
Oil price rises to $92 79 on output cut, may hit $107 vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.