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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Rules, but its a hollow victory thats unlikely to change either sides position. New subscription bundles, hoping to take a bite out of amazon prime. As expected, keep the upcoming 5g iphone under wraps. Check of theget a markets. We are seeing u. S. Futures opening flat. This after we saw u. S. Stocks closing higher. We have gains in Technology Shares helping offset the slide we saw in financial. This ahead of the fed policy decision coming up on wednesday. The s p 500 rose for a third consecutive session, closing at the highest level in more than a week. It was led by communication services, real estate and Consumer Discretionary shares. The nasdaq is gaining more than a percent. We have the bloomberg dollar index falling to the lowest level in more than a week. We are expecting a dovish stance coming from the fed. We did get the data today showing modest recovery ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Oracle shares rising on news the company could be the winning bidder for tiktok but it will not involve an outright sale. Bytedancehinese owner Sarah Ponczek has been following the ups and downs. Tech has been leading the comeback. Also, this latebreaking news ikola, and the sec investigating the company over shortsellers. Sarah the last i had checked, down about 8 or so after the market closed. Examining nikola based on this claim that came from the platform hindenburg. 30 , 35 ors fall so from last week. It has been quite the ride for nikola. Still up more than 200 this year but certainly getting hit pretty hard after these original allegations took hold. Now, getting even more focused with the sec taking them on. Emily this on the back of gm taking a huge equity stake in nikola. Lets talk about tech more broadly. News, continuing development. Oracle is in the leading position but a potential deal still under review. Oracle share ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Intends to bring a deal to the white house by september 20, the official deadline date. Joining now to break down the week that was is abigail doolittle. Volatility volatility volatility. Walk us through the week that was and how might next week be different . Volatileeek was very and choppy. Up and down, a real roller coaster. At the end, it was a down week and today was especially choppy. Earlier, it felt as though the bulls were trying to take it away then the bears stepped in. The s p 500 up slightly. The nasdaq down. Continues to be newtons third law what goes up must come down. We are seeing a bit of a reversal. On the day and the week, even though we had the nasdaq down, we also had the nasdaq 100 fix down. Next week, maybe some of this choppiness will leave. You see apple down again on the day. Pointing to the idea that next week maybe in the near term, some of the choppiness will leave. If we go to the terminal, we have a great heart. Over the longterm, this probably suggests ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Tiktok. Thatow we are hearing thiller. And of 49 fortnite, apple says it is terminated ebix developer account. Developer account. A lot going on. The fed, the prime and a strut japan stepping down. Earnings. The ending of the Republican National convention. Walk us through what has impacted the day. So much and all of it ended in record high for the nasdaq and s p 500, investors encouraged by the fed latest policy shift, the idea that perhaps it is reinflationary in nature, stocks respond in kind. Apple, this is interesting, over the last two days apple is underperforming, down the last two days 1 , closing a little as were mentioning now, terminating the epic caliber account in the midst of the developer account went epic refuses to pay the 30 fee. That apple is standing up for that along with alphabet shows they are forcing developers to comply with roles. It will be interest rules. Im not sure how this would impact the bot ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Published. Meantime, facebook is making a big change to its ad business, announcing it will allow people to opt out of seeing political ads on facebook and instagram. Users will be able to mute electoral ads and ads on social issues as well. For more, i want to bring in purses and strategies founding partner, who was before that president obamas Reelection Campaign digital director. Teddy, good to have you back on the show. Facebook may the controversial decision to not factcheck political ads, not factcheck speech from politicians. What is your take on this now middle ground, saying you can turn off political ads if you dont want to see them . Teddy thanks for having me. I think the truth is it is not much of a middle ground. What its doing is putting the onus on the user to do the work. They are saying we wont provide any Fact Checking or any standards whatsoever on our ....

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