Stay updated with breaking news from Overall user. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ....
Want thats fine. Welcome back. Orville redenbacher bottom line, 350 bits at the lows today which are pulled back through the s p. You traded through the 50, did things you are supposed to do, closed on a better level i will let the technical guys talk about the market levels a payroll number this morning showed a trend weaker in payroll. You had pmi all week to sell you the Global Manufacturing environment is in shambles you have a dynamic where i think corporate ceos if we had the trade rhetoric three weeks ago before we got into earnings season guidance i think would have been a lot different. We havent pulled back as far as im concerned. It doesnt mean i think we have a 10 pull back here, but i think think about this week, put it in the Rearview Mirror and talk about a fed that might be more in play based upon all of these factors. This is maybe what the president w ....
S p up by a point. Nasdaq down by about 4 points. Overnight in asia, the nikkei up 0. 2 the hang seng up by a quarter percent. The shanghai up by a half percent. This is all ahead of those talks expected to resume next week between china and the United States when it comes to trade. This morning on the continent, in europe we will see equities for the major averages, the dax is flat. The cac is up by 0. 6 . The ftse is up by a quarter percent. In the treasury market, you can see at this point the tenyear is yielding 2. 031 well be getting a lot of earnings, big earnings movers in just a minute. First a developing story, the embattled governor of puerto rico will be stepping down on august 2nd the announcement coming late yesterday. He had been under pressure from protester force ne he had been under pressure from protester force ne for proteste nearly two weeks after chat messages were released crowds of demonstrators erupted into ....
Sterling at 139. Having the best performing currency against the dollar. David i want to turn to guy johnson who is on the spot in london. We just got these headlines. Surprises here . Guy that is not a surprise. That was anticipated. Surroundingnguage the next rate hike that is pushing the markets to do what it is doing. You can see what is happening with the cable rate. The pound is pushing higher at this point. The market has been pricing in the possibility of an earlier rate hike in anticipated from a. From may. We are starting to see that may be returning and talking about the fact that maybe that rate hike will come through. It is not a surprise we got a 9nil vote. It tilts on the hawkish and. Hawkish end. David the time in question. Help me through this. As i read this, its his three hikes over three years. When those hikes calm is that the deal . The rocket needs to price in a little more. The market needs a little withdrawal. That is what is priced in but it is shifting it a l ....
They are suffering from smoke inhalation, being treated at shore medical center. One firefighter was cut by glass, he has been treated and released. Investigators are searching for the ignition point of this blaze. The deputy chief tells me the fire started on the first floor in a sitting room of this threestory duplex. Seven people inside at the time. The pets were on the first floor. The owner of the property on the middle floor. Renters on the top floor. All of them including one wheelchair pernforsed to escape the flames by running up to it a third floor deck. Firefighters used ladders to get them down safely and get the person in a wheelchair out as well. It was not an easy task. Well have more on how they did it coming up in the next 30 minutes. Live in ocean city jesse gary nbc 10 news. This was the scene in Atlantic City last night as flames lit up the sky. A viewer sent us this video from dr. Martin luther king boulevard a ....