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Transcripts For FBC The 20240702

Is you need to keep oral headlines in the final hour and major widely held stocks cratering or soaring. Thats what we are here for, the market taking a sudden gap down 14 minutes ago. S p 500 down 28 points, the nasdaq nearly went negative but up 21 points, Dow Jones Industrials had a session low, now it is 15 minutes ago, earlier it was up three points, we have fumbled hundreds of points in the last couple minutes. The issue beyond the headline which involves apparently a ramp up in activity both over the skies of gaza and israel, a big hit to chevron, shares at session lows, down 6. 5 , 52 week low earlier, 145 and 3 pennies. It has stumbled lower at one 4453. Part of this is tremors in the release, the oil giant was punished after profits in the Third Quarter from a record a year ago. We have crude Prices Higher ....

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Transcripts For BLOOMBERG Bloomberg 20240702

Equities. Maybe you need a drink . But that drink is not available. Remy seeing a tough time. Down this week. All these names are pointing in the same direction, down. Housing market . Consumer . Electrolux down 14 . If guidance is not good enough, the market is punishing. Alix you cant shake it off. S p up. Ignore that. Bounce, couple rough days overall indices. Intel surprising up, raising guidance. They are getting rewarded. If you are ford, your punished. Nice pop if you are intel. End phase energy is getting destroyed, down 16 . There are macro headwinds and weaker demands and higher rates, however, if you put a solar panel on your house, this is the equipment you use. There should be a demand line but how do you trade that . Dollaryen down. Yesterday we hit 150 and did not see verbal intervention. Does the boj not mind . Guy next week will be a big week. The fed, boe. You have to think about japan. The earnings story will continue. How ugly are earnings . This brings everything h ....

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Transcripts For BLOOMBERG Bloomberg 20240702

Welcome to daybreak australia. I am haidi stroudwatts in sydney. I am vonnie quinn. Intel climbs on an upbeat forecast. The selloff in big tech while bonds rise, janet yellen tells bloomberg the recent you observe revise economic strife. You are seeing yields go up. This is simply a reflection of the strength of the economy. Also, the ftx founder faces prosecution as he takes the stand in the fraud trial. Lets get a quick check on wall street. S p futures tire. Nasdaq 100 futures point to a higher open in the very early going. This after the s p dropped another 1. 2 . That brings the yeartodate gains we have had very mixed earnings in particular from the tech company. Economists are only looking for rise of 1. 9 . A lot of mixed signals out of this economy. We have the 10year yield dropping for basis points. Now it is down to 8343 a barrel. Lets have a look at those after the bell earnings. We have amazon and intel. The market is reacting well to both. Intel is saying the west may be o ....

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Transcripts For BLOOMBERG Bloomberg 20240702

Thus, sam beckman freeds testimony is the latest mustsee moment. We will look at the thorny issues over technology between the u. S. And china as President Biden plans to meet with the foreign minister. First, lets get a check on the markets with abigail. Abigail we are looking at a bit of a bearish day. Two down days in a row for the major indexes. What makes it so interesting, these quarters on the surface are not so bad. Metawas pretty good but it is the disappointing for alphabet. Right now in a correction territory, bringing the nasdaq 100 into a correction territory. Meta, the color around the ad spent weighing on shares. You can see the nasdaq 100 since jp morgan reported, it is down pretty sharply. We have another down day and another down month for the nasdaq 100. Big tech getting hit on some of these earnings. Amazon after the bell. The last two weeks, take a look at the losses for some of these names. Alphabet and meta ....

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Transcripts For BLOOMBERG Bloomberg 20240702

Caroline we break down results from alphabet and snap. Ed and we get a look at the quest three headset. Caroline and a conversation with the ceo of qualcomm as they unveil a new processor to take on the likes of apple and intel. But we start the show with the nasdaq on the downside to the moment, down 1. 8 . Google disappoints, but it sinks some of the buoyancy we have been seeing in the tech names of late. This is categorical their steepening going on at the moment, we see the yields at the long end of the curve, the tens and 30s selling off more yields, up eight, nine basis points. We are down at 4. 91 , so we are seeing some selloffs in the bond market. Bitcoin continuing to rally, up 3. 5 , but date down the individual micromoves, ed . Ed this is earnings again. If you get a good lens into the end markets, particularly in all kinds of Consumer Electronics and electronics broadly,
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