Page 2 - Hock Tan News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Hock tan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Hock Tan Today - Breaking & Trending Today
10year yield is below production broad base slow down in demand chewy debuts at the nyc and biden verses amazon. A lot for investors to digest today. Retail sales is the latest thing. I these are the people who ae focused on the feds. There is to reason to cut now because retail is not that bad may was okay not great, not bad what matters is this book. And it is significant because hock t hock tan missed by 2 billion revenues thats the president a billion of just the overall slow down. Now we are starting to get it. Now we are starting to see why the fed has to be worried. 22 billion in sales and it is being heard. That means everybody is being heard. If you miss what hock tan said last night, you got to listen to this piece in the Conference Call. It is clear that the u. S. china trade conflict including ahuawei is creating economic and uncertainty as a result, volatility have increase and our customers practically reducing inve ....
Backlog was growing in the Second Quarter thats according to tesla. Thats proof that theres not a demand issue here. Also, the companys guidance has not been lowered the bears counter that by saying, yeah, but they didnt reaffirm guidance. They could have done that yesterday. They did not do that also, there were details regarding these deliveries that were lacking in terms of how many went to china, how many went to europe, a few other details people would like, and they also point out that the margins are likely to be under pressure when the q2 financials come out later this month. Thats why most of the analysts reports, it basically comes down to this, the analysts reports essentially say these are numbers that support the idea that you can lower expectations for the Second Quarter, but fullyear numbers youve got to hang onto whether or not you buy into them being lowered ....
The Halftime Report with scott wapner starts right now. Welcome, good to have you with us on this friday, our Investment Committee at the desk today, josh brown, stephanie link, jim lebenthal, the chief Investment Officer at Boston Private Wealth is here, liz young is bny melons director of market strategy, anastasia from Jpmorgan Private Bank and lets begin with the broadcom story. Its one heck of a buzz kill today. Price targets cut across the board, lots of stocks in that space are down shortly, not jus broadcom, amd, lam research, micron, you pick it in the chips and its getting hit pretty hard the chips have two things working against them the first is theyre like one of the last t ....
But still red for each of the major indices. Joining us for the full first hour of the show Courtney Gibson from loop capital markets. Courtney, thanks for joining us. Whats your take on today . Investors in a sort of holding pattern, are they, until we get to the fed unbelievable holding pattern. I mean, volumes are down precipitously today. At least they were before i came on the show today. I talked to our equity desk at loop capital and in the u. S. Alone volumes were down somewhere near 30 and even in europe spain was down i think somewhere near 40 on volumes our desk flow today was down substantially as well. It looks and feels as though investors right now are really kind of sitting on their hands markets as you can see, dow down just slightly but recovering back to the highs of the session. Russell is lagging down 0. 7 utilities, real estate the bestperforming sectors. Energy and tech towards the bottom we have got apple ....
What we have seen over the last several hours is the intensifying of the rhetoric on both sides of this issue u. S. Secretary of state mike pompeo coming out and attacking tehran saying they are responsible for what happened to these two tankers off the coast of the uae, off the coast of iran right in the middle of that gulf of oman earlier today this is the story, of course, that we have been tracking since around 6 00 a. M. Local time and it is after 1 00 a. M. In the persian gulf and lets listen in to what mr. Pompeo had to say. Taken as a whole, these unprovoked attacks present a clear threat to International Peace and security, a blatant assault on the freedom of navigation and an unacceptable campaign of escalating tension by iran. The secretary of state saying this is part of an Overall Campaign of escalating tensions just a month ago four other tankers were als ....