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Lisa lee. Lets begin with sonali. Wework, not surprisingly, continues. There is a question of who will finance this company and softbank takes control. Trying to get a loan deal done but there is something unique. Please explain. Sonali softbank said we work as the coborrower here. Softbank had become intertwined since they got into this deal. Softbank has been emerging as somebody that banks want to work with, despite the troubles that have happened, they are seeing portfolio companies, something to look out for next year is doordash. Also a Portfolio Company in the vision fund, working with j. P. Morgan for a Credit Facility here. Lisa softbank is listed as the main borrower. I found this fascinating. They are putting their own money and name on the block here. How much of a liability is this for softbank in a broad sense . And isolated case of them bringing it into the ....
Focusing on the hottest commodities with the smartest voices in the business. First, we kick it off with spot on. It is our take on the big story. Its a tale of saudi aramco and chevron. Joining me is our managing editor of energy and of commodities, and rachel in houston. Lets kick it off with aramco. Testing a 2 trillion valuation on thursday, when will we get to know the real market value of the company . Tina weve had two full days of trading now. They went up to their daily limit of 10 and today they went up about 5 . For a few brief hours, they were trading at the magical 2 trillion level. That is the level that the Saudi Crown Prince was looking for. Where do we go from here . Investors have told us they think it will increase by another 10 to 18 in the next week. On the other hand, we got a note today saying get out, its time to sell. Opinions are all over the place. Alix considering the difficulties the crown prince h ....
What caused bitcoin to plunge 1,000 bucks in minutes and the surprise winners and losers of the first democratic debate and what big topic surprisingly was missing its thursday, june 27th Worldwide Exchange begins right now. Afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan futures are higher on the dow. Your chart of the day already on this thursday has got to be bitcoin. If you have not been following it, its been a crazy 24 hours for the crypto all right. This is an intraday chart. 24hour chart of bitcoin yeah bitcoin right now is down 991 all right. We surged past 13,000 here almost touched or basically did hit 14,000 then news that the biggest bitcoin exchange, coinbase, had crashed. Nobody was able to trade on coinbase look at that in minutes, bitcoin fell to about 12,000 14,000 to 12,000 in minutes. Kind of tried ....
Talks on china and slacking off another red hot startup about to make its market debut. Its all happening on this thursday, june 20th as Worldwide Exchange begins right now. All right. Good morning, good afternoon, good evening wherever in the world you are. Im Brian Sullivan thank you very much for joining us here on Worldwide Exchange. This, my friends, is the chart of the day bonds getting bought the yield on the tenyear note exactly at 2 , but earlier this morning it actually fell below 2 that is the First Time SincePresident Trump was elected that we have seen a sub2 yield. This should drive down borrowing costs. If youre looking for a home, it could make mortgages more affordable well have muc ....
Crude comfortable at 50. 8 0. Another 350 billion honest in hardware deals rummaged in the next three years. Wilbur ross had high praise for the deals that got done. I cannot imagine another business day as good for the United States and the kingdom. Kevin cirilli joins us now from jerusalem. Lets talk about those deals. Energy, andilitary, infrastructure deals done. How important are these for the president at this point . Kevin very important. Coming on the heels of the administration raising questions about the potential collusion for russia. I asked secretary ross of whether or not these investigations would cloud over the trip, and he believed they would not. Over 300 billion worth of new deals, as well as a 109 billion arms deal negotiated between the u. S. And saudi arabia. The folks i spoke with on the ground in riyadh from saudi arabia were impressed by the caliber of ceos in attendance. Representatives and top executives ....