And alphabet. Investors are piling in afterhours. Haidi hong kong is the newest member of a once unthinkable club, a Stock Exchange without a Trading Floor. Club would exclusive be the ones that have the Trading Floor, a club of none. About thesealked earnings out of alphabet and amazon. 2346. Look at this chart thatr 77 of companies have reported have beaten estimates. This chart showing that during the current earnings season going back 17 years. This is on an earnings pershare basis. Beat. 9, we exceeded this what is going on here . Has the guidance been conservative and analysts expectations beatendown . Or these companies are doing way better than they thought they would do. 77 doing well. The other day,le and that seems to have been put behind after those stubborn numbers out of the street of dreams on thursday. Haidi absolutely, looking at that amazon dream continue, a huge boost when it comes to sentiment. Is good andsaid it positive earnings still matter. It helps to flesh out
Carrying hefty price. Are ready to pay, you might not get it for weeks. Hello from sydney, it is just past 9 00 a. M. , this is daybreak australia. What about an hour away from the open of the major markets. Im going to wait a few months for the iphone x. I am in new york. Friday, no waiting for the bulls, we saw tech stocks, roaring back and pushing the market back to record level on the s p and the nasdaq. Lets pull up the markets guide to show you where we ended on friday. Well above the s p 1 . Take a look at the nasdaq, up 2. 2 . We know that the search in amazon shares have made jeff bezos of amazon the richest man in the world. By by bill gates. He kicked him to the curb. Haidi [laughter] extraordinary stories. The earnings, the biggest tech earnings, they continued this weekend. In particular, u. S. Investors. We have the fed leadership announcement from President Trump before he kicks off the 11 day trip to asia. We have all sorts of central banker meetings. The set has taken
Expectations opec will extend output curbs. China Energy Giants report later. Haidi apple fans counting down to the iphone x. Apple asking chipmakers to double capacity. Right, we have Energy Companies in china reporting. I want to bring up a chart, 80 to 96. This is petrochina. This is the biggest destruction of shareholder value in history, and it could take more to convince analysts the stock has hit autumn. Peaked on the first day of trading 10 years ago. Check it out. It has lost 800 billion in market value, i enough to buy italy,isted company in or circle the earth 31 times with 100 bills. Many analysts think the pain may not be over either. In terms of a broader picture, we are looking at a event risks. We had that positive gdp print out of the u. S. On friday. This week, fed leadership and the fomc meeting, boj, boe, china pmi and Inflation Numbers to paint the picture of whether we are getting sustained Global Growth. All of this for Bond Investors to contend with. Lets get ov
Manipulation of social media and says they were caught flatfooted. Betty speaking about russia, it within the last hour a new headline about George Papadopoulos, the former trump advisor. Some claims he made in an email stating Top Trump Campaign Officials agreed to a preelection meeting with representatives of russian president vladimir putin. We saw inrevelation the last couple minutes, bolstering the claim and making it harder for the Trump Administration to distance itself when it comes to these meddling issues, as well as collusion allegations we continue to see. How we have to look at this with a grain of salt, the details still unclear. Betty it is still a little murky. Lets get clarification with megan murphy, our bloombergs nest week editor and Washington Bureau chief. How significant are these new claims . Every revelation that comes out of this nature is significant in that it furthers what we know, expands on the investigation in terms of what is out there. This Program Blo
Flatfooted. Rishaad sony shares surging come the full forecast lifted to a record. , we speakfting gear to andy palmer. Theaad we will be getting unofficial caixin pmi numbers out of china. The official numbers showed 51. 6. This is chart 2411. Private gauge or of purchasing managers his more pessimistic than the one out of the government. Count smalloes not and mediumsized enterprises. We are looking for that number and 43 minutes from now. Haidi absolutely. Continuing to paint this picture of whether we will see a managed slowdown out of china as stability makes way for more reform and deleveraging after the party congress. E are watching the fed boj out of the way. We are waiting for President Trump to nominate the fed leadership. In the meantime quite a lot of distraction with this Robert Mueller investigation and what it means for tax reform. Lets get over to sophie. Sophie a brandnew month, a little distraction. There seems to be more good news than bad. Asian stocks trading near