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Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays losses on the deal around amd. Durable goods orders coming in better than expected. Lets see how things are shaping up for the asian markets. Here is Sophie Kamaruddin in hong kong. Sophie we are seeing losses continue here in asi ....
Welcome to bloomberg daybreak europe. Earnings season, here we go. To this, crossing the bloomberg. It is raising its fullyear 3. 5 to 3. 55ld to euros. That is the headline at the moment. It is also announcing clearance for metadata, so that is that deal that was announced not that long ago and it is announcing clearance for that, so thats another headline coming through and its also reaffirming its revenue target. Those are the numbers coming through. Coming up on bloomberg, the ceo joins us for his first interview of the day. We will get into a lot more details and talk about the industry as well. Do not miss that conversation. Speaking of industry, lets take a look at basf. Third quarter adjusted ebitda, that is the red headline. 1. 1 2 billion euros. Estimate, 1. 06. There was an expectation that in be Third Quarter, basf could hit by slowing industrial demand. That is the story we are getting for other companies in this earni ....
Which the markets view as a sieve for corporate earnings. Technology and Energy Shares led the way as investors put their recent nervousness on the back burner. Today the Dow Jones Industrial average advanced 196 point 21,899. Bob pisani has more on todays bounce back. Reporter the bulls were back in charge today. Stocks rebounded after a string of sloppy trading days to close higher with the dow up nearly 200 points. Thats the best day in nearly four months. Tax reform talk set the stage early on after sources at the white house said lawmakers and president Donald TrumpsEconomics Team were closer to orchestrating tax cuts and are reaching a consensus on how to pay for those cuts. The markets rose because theres some finally meat on a tax cut proposal though so ....
Been chipping away at flash flooding jobs. Now automation robots may be coming to the csuite. I thought some of our ceos were robots, i dont know. You better be hoping theyre not watching. Its a tale of two economies right now here in the United States. The Consumer Holding up but not so much on the industrial side. Morgan brennan is taking a closer look at the socalled industrial recession and what that could mean for the overall economy. Morgan . Thats right. So as commodities continue to collapse, Global Growth weaken, and the dollar strengthen, energy, mining, and manufacturing all struggling. We have seen Companies Slash cap ex, jobs, and financial outlooks and now a number of experts ever warning a socalled industrial recession is taking root, including u. S. ....
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