This is the company we are keeping an eye on. We understand that net income acmcame in better than expected. We are trying to figure out exactly what they do next, but results seem to be pretty good, well ahead of estimates. I am looking at many things, but overall, global stocks are extending declines and we are seeing this risk reversal permeating through a lot of the asset classes. Gold, up a patch. Then, you have the eurodollar at 1. 1841. The topix, in asia, its retreating for a fifth day. Lets get to the bloomberg first word news. Revivingslowdown is fears over a glut in raw materials. The bloomberg Commodity Index extended declines. The fall has been exacerbated by concern that demand will weaken a china bounceback amid a pledge by president xi jinping to focus on the quality of expansion, rather than the pace. Nickel, iron ore dropped. Zimbabwe, mnangawa is stepping down and negotiating for his wife to leave the country. In a televised address, Major General says he will guaran
Im michelle carusocabrera. We have a new trading month under way. Its been a narrow mixed session and then some volatility here in the last few minutes because of what President Trump said. Nasdaq outperforming the dow and the s p 500 again hitting another record interday high. Speaking of highs, check out these names. Price line trading at an alltime high back to its i po in march 1999. Yes, that would be an alltime high. Electronic arts alltime high in 1989. Dales force, ditto, ipo june of 2004. Ceo marc benioff will join jim from San Francisco tonight on mad money. Jim cramer, of course. Melissa, check out shares of tesla up more than 3 today. So far the stock is up this year, get this, more than 50 . First, though, to dom chu with breaking news. What we are watching now is a move in the financial stocks, big bankrelated ones on the heels of bloomberg headlines saying that President Trump is weighing possibly a revival of the 1933 act, xheshgs banking operations. He told reporters i
Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is net. Next. Emily im emily chang and mrs. Bloomberg technology. Blackberry back under pressure as shares dive less than a year after it went all in on software. We will break down the first order miss that ended the canadian companys 2017 winning streak. Suddenly change in china. We have highlights from the biggest stories this week in tech. More portfolios in africa start to diversify from oil, we take a closer look at the emerging. Our deep dive into the bc climate on the continent and how it stacks up against the competition. First, to our lead. Blackberry shares plummeting more than 11 in friday trading. The Company Getting a speedbump in its Quarterly Earnings report grea. The company missed analysts estimates for total revenue. Before today, blackberry shares had risen this year. Most of its revenue now comes from softwa
Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is net. Next. Emily im emily chang and mrs. Bloomberg technology. Blackberry back under pressure as shares dive less than a year after it went all in on software. We will break down the first order miss that ended the canadian companys 2017 winning streak. Suddenly change in china. We have highlights from the biggest stories this week in tech. More portfolios in africa start to diversify from oil, we take a closer look at the emerging. Our deep dive into the bc climate on the continent and how it stacks up against the competition. First, to our lead. Blackberry shares plummeting more than 11 in friday trading. The Company Getting a speedbump in its Quarterly Earnings report grea. The company missed analysts estimates for total revenue. Before today, blackberry shares had risen this year. Most of its revenue now comes from softwa
Good friday morning. A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema mody in for sara eisen. Happy friday to you. I was going to say the same to you took the words out of your mouth. Happy friday to everyone watching lets look at the Global Market picture. We were essentially flat for the week coming into today for the dow and s p. Higher by about 1. 3 for the nasdaq ahead of todays trade. Futures pointing to a modest positive open. 30 points, just shy of that for the dow. 13 for the nasdaq, 13. P for t3 nasdaq an energy led story, the sector down 3 for this week. It is the worst performing sector, 9 out of 11 sectors have been in negative territory the week to date average return has been propped up by the tech sector the nasdaq the outperformer of the three indices. Oil prices have been front and center all week. Slightly higher today by a half percent. Slightly higher by half a percent yesterday. As things stand now well look at about a 4 decline for the wee