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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

We will hear from the erickson ceo. Manus very warm welcome. There is a nonveteran. Is a bond there veteran. Says, we are in for a rough slowdown in the u. S. Andof his fund is in cash his buyers are getting worried. The beige book tells me there is only a slight modest pace of growth. Good morning. Not fixedsaid it is income investment, it is fixed lawson testing. He does expect a recession in europe and a slowdown in the u. S. Some signs ofaybe concern with the retail sales but lets get back to erickson. In earnings season in europe. Ericsson is telling us, six. 5 billion swedish krona. Net sales, a eight on the estimate of a beat on the estimate. The third adjusted gross margin also beat with 36. 6. We have some guidance as well. 2020. 240 billion for the numbersg like are beating and so is the guidance. A boost from 5g upgrades among other things. Manus on the commercial side, the troubled asset manager in switzerland, they are saying they will reiterate the 2019 guidance. Net outf ....

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CNBC Squawk July 4, 2024

Producer prices. Those numbers are crossing hotter than anticipated. 3 is what we expected. 6 is what they came in. Another pattern that inflation could still be sticky. In terms what have we have with the benchmark, the stoxx 600 is weaker at this stage as we get going today. Lets look at the different sectors as well to see how we are traveling. Technology at the bottom nasdaq was weaker in session yesterday. Pointing out the big a. I. Stocks, nvidia and microsoft, going in different direction. Microsoft with support and nvidia is the weakest link. Technology is down. 40 . Montcler and dior as well. We have retreat for retail names, but down less than. 10 . Red cropping up in financials. Insurance names pushing higher. Admiral at the top. Bnps is up 2 leading that banking basket. Food and drink in the green. Autos with volkswagen at the top of the basket. Utilities up. 40 . Oil and gas support. 50 . Telco on the back of vodafone after the sale of the italian asset is 6 higher. Lets l ....

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