Record sales for the most valuable company. And boeings billions, it is taking a 5 billion hit in the Second Quarter due to the worldwide grounding of what was its bestselling plane ever. And rate cut optimism. Stocks on track to open higher but on pace for worst week since may. Microsoft on track to open at a record high, market cap above a trillion dollars Quarterly Results beat expectations on cloud strength here is nadella on last nights Conference Call. Our commercial Cloud Business is the largest in the world, surpassing 38 billion in revenue for the year with growth margin expanding to 63 . Im proud of what we have accomplished over the last 12 months, and im energized by the tremendous opportunity ahead every day we work alongside our customers to help them build their own digital capability, creating new businesses with them, innovating with them and earning their trust. Cloud is a third of revenue and after at t they had quite the week. Yeah. I did something i never do i list
It is 9 00 in hong kong. Foroin, a watershed moment this crypto currency. Futures trading in chicago over the last hour so, and a little bit of volatility when it comes cboe website crashing. This is a pretty significant milestone in terms of this currency or commodity to get mainstream appeal and credibility. We will talk about that later on. We are looking at Central Banks this week. It is a big week when it comes to policy. 15 Central Banks globally, including the fed. Wirp onp the the bloomberg. This is likely to be the third and last of Janet Yellens rate hikes as she exits this role. Dotquestion is whether the is likely to change given a new fed chair. We are 30 minutes away from the open in china and hong kong. David is looking at the markets for us. Im looking at this note saying strap in. We are getting ready for the steepest rate hikes in 11 years. Haidi that is what they are saying. David the bond markets are saying the complete opposite. Has threefor rate hikes on top of de
We are alive. We are live. A very warm welcome, everybody. This is bloomberg daybreak europe, our flagship show. I anna edwards. Manus i am manus cranny. We are waiting for some news to come from phillips but the market is interested in this. Japan. Shinzo abe. Ands medical devices and diagnostic year, we will be doing soon. The market is a little lighter than anticipated. For japans prime ministers sales growth between four. 6 to seven. What is the terms of exposure that . 401s in billion in terms of thirdquarter sales. For a one billion euros in terms of thirdquarter sales. 532 million euros, thats the Third Quarter adjusted evident. Andy. Ebida. We can talk about that. We can also talk about other activities in the u. S. More generally. Lets talk about japan. A gamble by shinzo abe seems to have paid off. Theher this means more of same in terms of stocks and yet is an interesting one. Thes the question is will leader be kept at the bank. Take a look at this. This is roaring away. Th
Eu Investment Plan saying its more than just moving money around. The money we are putting forward today comes from what already exists. Shares in thomas cook plunge after ce oharery green forced to pack her bags. And investors buying into europes Online Fashion retailer after orlando beat Third Quarter sales. Sdwla youre watching Worldwide Exchange, bringing you Business News from around the globe. And welcome, everyone. It may be a short week due to thanksgiving. But that does not mean its been a busy week. Much more important. Hello. Hello. How are you . Got a its fantastic, yeah. Absolutely. A new couple of days, right . Were going to have fun. Wilfred is doing the slightly earlier show. Im doing this one. I have one this afternoon. Were all over the place. As massively busy week. We were saying this week is crucial when it comes to all the data. Absolutely. Especially when you talk about opec. In the last 30 minutes, in fact, irans oil minutester has called on unity from opec amid
Im back. Kelly is off for an entire week, a very well earned thanksgiving rest in america. So coming up, well be out in tel aviv as International Pressure mounts to find a solution to the ongoing violence. Hillary clinton on route to jerusalem. Well get a view on president obamas trip to cambodia where tensions over the South China Sea look to dominate the as sas summit. Well have updates about the greek tranche. And lines are already facing for the latest tech ahead of the allimportant black friday deals. But first, the french finance minister has responded to moodys downgrade by saying government reforms will get the economy back on track. And that french debt is amongst the surest and most liquid in the eurozone. Moodys joined s p by stripping paris of its aaa rating citing growing about public debt levels and its diminished ability to withstand future euro area shock. Bank of japan remains steadfast despite rising political pressure prompted by controversial comments from the likel