Another parade of earnings were ad revenues the focus is on the decline in online ad revenues. Not a lot of great news lately. Baseline does not suggest a session, but these factors, keep an eye on them. Kailey it is ahead on bloomberg best. Kailey hello and welcome. This is bloomberg best. The review of the most Important News and analysis from Bloomberg Television around the world. Lets look at the top headlines. We begin with investors jolted by political shocks. Hong kong protesters forced the airport to close down. And in argentina, a result in primary reactions a set off a chaotic election. Argentina is at the crossroads. There is a massive roadblock. His main rival, alberto, grabbed the momentum and came in 15 Percentage Points ahead in the poll. Many analysts would say it is insurmountable. They like his policies. They are market oriented. Fernandez, it is not clear what he would do with the imf. Today could be carnage in the argentine markets. The peso has plunged to a record
Good morning. It is 8 00am here in singapore, 1 00am in the morning in london, and 3 00am in israel, where the authorities have banned two us congresswomen from entering the country. Ilhan omar and Rashida Tlaib, who are both democrats, had been expected to begin a tour of the palestinian territories later this week. They have both been critical of israels policies towards the palestinians. Our north america editorjon sopel reports from washington. Have two newly elected members of congress ever created the stir that ilhan omar and Rashida Tlaib have . They were the first two muslim women to be elected to the house. Theyre both on the left of the Democratic Party, neither is a fan of the Israeli Government, both are outspoken, and donald trump relishes going after them. Omar has a history of launching vicious anti semitic screeds. All chant send her back her colleague, representative Rashida Tlaib. Booing. Agreed with omars characterisation of 9 11 and said that members of congress who
President trump hinted negotiations with china might be called off. In hongeek of protests kong as business increasingly takes a hit. Get started with a quick check of the markets. U. S. Closed friday, stocks sagged on escalating trade tension. S p 500 down 7 10 of 1 . Falls afterng about the yuan devaluation. Losses were led by tech and energy stocks. Point the s p 500 falling 1. 3 after President Trump said next months talks could get canceled. Were paredse losses back after white house officials those back some of concerns. Semiconductors took some of the biggest hits. U. S. Futures unchanged at the moment. We will see how we are setting up for the market open in asia. Futures are pointing to a mixed reaction in asia. Friday thaty on trade talks could be called off. Is getting ready to release that list of chinese products to be slapped with 10 tariffs. Showing someoul weakness. We will be watching for to have his meeting with advisors. South korea and the philippines said to have t
Rally, hence why we are looking at 5800 level on the china index and puts us back at the start of the year. And tilt coming through. 10year yield at 30. And three cuts. Only three cuts and swaps market and still looking at that. 60,000 level, trading at 57,000 level. That is one watch when it comes to bit coin and ai and no we have the bodes well with the fed and what is markets are listening. And are 7 to 6 to 3. And have we seen a view when it comes to yields. Does it yield . The dots we are showing, a lot of fed speakers coming through on thursday and friday. Speaking of central bankers, starting right now and we will be speaking tomorrow, not wasnt they did anything and probably at the peak and may start cutting rates first half of next year. They may not do anything the first half of and the peak rate was at five points. So, that was a bit of a downward and even though they are hawkish. And had comments they may look at this independently. But there is that side of the market not
The team working on the project were told the iphone giant was shifting its focus to ai. In fact, some of the people who worked on the car will be moved to apples Artificial Intelligence division thats according to bloomberg while those who cant find jobs elsewhere in the company, they face lay offs. Apple shares rose nearly 1 on the news. As one tech analyst put it, by abandoning its dream to transform the auto industry, it will increase pressure on apple to do something profound in the area of Generative Ai. Staying with tech, and people tend to associate Us Company Nvidia with chips and Artificial Intelligence but not necessarily with retail. Azita martin leads nvidias ai initiatives for the retail industry, including Generative Ai that can produce content like text, images or other data when prompted. Our north America Business correspondent erin delmore asked her about how ai is changing the Shopping Experience for customers, both in store and online. Ai enables you to really have