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BLOOMBERG Bloomberg Markets Americas July 12, 2024

The nasdaq was lower but it is catching up. And the dowup. 9 up by about as much. The dollar index is stronger. Still below 93. Two of the better performing stocks, brownforman which is the topperforming stock primarily thanks to a surge in spirits and of course, the Michael Jordan news. Rally,g with the equity citigroups Tobias Levkovich recently raising his target on the s p 500 to 3300. He joins us now by phone. Thank you for joining. We are a little bit higher than that right now. There is going to be a leg lower to this market. It is still going to hold up somewhat into the end of the year. We are not going to see a crash according to you. Tobias the best way to put this is the fed is going to prevent it in many respects in terms of policy initiatives where there is this fascinating feedback loop phenomenon where stock prices go down, he will start getting very worried ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Board, again, trying to challenge the tesla hold on the market. Wm has a factory in shanghai. Lets check the markets. Risk off on the u. S. , falling 2 on wall street on the back of concerns about u. S. Jobless claims. The virus, above 4 million cases now in the United States. And as we said, concern that the economy in the u. S. Is in trouble. Screen, read on the broadly across the msci asiapacific, down. 6 . On the mainland would just talked about the proposed ipo by wm motors, small caps setting off more than 2 as we get for the end of the week. Ong kong looking attractive to investors, it seems, down. 2 percent, up despite concerns highlighted earlier. Weakened byyuan. 1 , currently around seven in terms of the offshore yuan. The aussie dollar and the japanese yen, looking at that as well, the 10year basis point, 58 for the 10 year as a result of the risk off we had at the end of the day on wall street. Chinese, 2. 91. Gold at ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

The cloud numbers disappointed, if you can believe it they disappointed with 47 yearoveryear growth. Growth is slowing so investors want it perfect. Twitter is popping sharply higher. Up 8. 5 . There ad revenue number slid but what impressed investors is daily user growth, record for the second time in a row, up 34 in the june quarter after growing 24 in the march quarter , telling you that folks in the pandemic want news and entertainment. David fascinating. You mentioned earnings in the tech sector. Lets expand it broader. We are well into the earnings season. You think the markets are encouraged, discouraged, or is it coming and where they thought . Abigail it is neutral. Netflix was a decent surprise. Itself almost a nonevent in some ways. They did put up a gap profit which allows them to be eligible for the s p 500. From a broader standpoint, you were mentioning those jobless claims. Since march, jobless claims have been coming down until this week. During that time period of the ....

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KPIX CBS July 3, 2024

Cruisers and officers on motorcycles patrolled around the school. Investigators say the threats were found written on a bathroom wall on friday and named specific students saying the threats would be carried out today. I try to keep the concerns to a minimum because i think were pretty stay of here. I could be completely ignorant and naive. Police say theyve identified numerous persons of interest and are conducting interviews with students and parents to try and find out more. Were also learning more about the lake tahoe murder case involving a former Major League Baseball pitcher from the bay area. Danny serafini was arrested in nevada on friday. Hes accused of shooting and killing his fatherinlaw in 2021 and trying to kill his motherinlaw. She survived but took her own life months later. The chronicle says a source close to the investigation suspects serafini hoped to gain inheritance money to pay off debts from the bay ....

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KPIX CBS July 3, 2024

For a likely ground offensive. Thousands of troops are massing along the border with gaza waiting for the green light to launch an invasion. This morning it is uncertain exactly when and invasion will happen. In the bay area, hundreds of people rallied in oakland. The call for peace in gaza and especially action to protect children and the region. To the east bay where four teenagers were shot at a Party Saturday nighin oley. One of the teenagers died. The other three are in the hospital with nonlifethreatening injuries. Witnesses say it happened in front of a home on shannon way around 11 00 p. M. When a group of 20 to 30 people were denied entry to the party. The got into the side yard and that led to arguments and shortly after gunfire. Two of the victims fell to the ground by the walkway and police found the other two victims hiding a few doors down at the end of the culdesac. It may be hard to see but the
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