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BLOOMBERG Bloomberg Technology July 12, 2024

Aigail, it felt like broadbased selloff within the s p 500 all the way down to tech stocks. Abigail it was a broad selloff. A far more concentrated as you were just mentioning with the mega cap tech stocks. There was weakness for tech. The dow had been higher. That tells you the degree, the dow closing sharply as well. The closing pressure came for tech stocks. The worst day since march. The faang index down. Tesla down 9 . The stocks and chips also down 5. 7 . And you were mentioning that this was the correction folks were looking for. Tesla up out of the march low. Plus the stocks split for tesla and apple. People wondering when the hangover would come. Today seems to be the case. Perhaps a little bit too far, too fast. We also have bearish action. Broadcom put up a beat, but it was narrow. Beating sales by less than 1 . One of the tech fires that was really not that great. And doc you sign after a really bearish day. This stock up 227 on the year, 4. 6 bearish. Another case of too f ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Anchor alibaba investors headed to hong kong. Under threat for the covid19 resurgence, the Unemployment Rate will jump in the next two months, and the republicans launch their National Convention on monday, with a new poll that suggests their supporters like the economy and the government handling of the coronavirus. Lets get a quick check of how the markets are trading, up 2 10 of 1 , this, of course, after we had another rally on friday session, the nasdaq gaining 4 10 of 1 . Data,e plaza positive and a record in july helped by chief borrowing costs. Homebuilders lead that round in the s p 500, which was up for a fourth straight week. We have seen really records for the s p in the last week, and the sector that gained the most ground was tech. In the moment, Holding Steady after gains on friday, but we trend, d ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The recovery is under threat from the covid19 resurgence. Frydenberg says the other plumbing rate will jump in the coming weeks. Economy and the government handling of covid19. A look at howake we are shaping up for a new trading week in asia as the market continues to search for direction. U. S. Stocks trading close to fresh highs. We had the stock market up for a fourth straight week friday amid albeit light volumes. Up. 2 this morning and asia and we are seeing positivity going into the start of trading in japan. We have one report Prime Minister shinzo abe is headed back to the hospital so we will continue to watch that story. And the potential applications for policy continuity. Japanese yen Holding Steady at 105. 86, with a rebound in the friday session. Rise in u. S. Treasuries. At 42. Crude trading 49, ending the last week its advancering in asia. Shery lets talk abou ....

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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

One attorney general has filed multiple lawsuits to keep them out of the hands of teenagers. But first, to our top story. Two years ago, ubers infamous Ceo Travis Kalanick was forced to resign after a series of scandals. Dara khosrowshahi was brought in to rebuild. He has brought in new management and pushed the Company Beyond ridesharing. It has not been entirely a smooth ride. A big ipo Spark Investment but investors were not impressed and has traded at a low price since. I sat down with ubers ceo and began by asking if he had made the right decision to join the company. Dara we have resolved the governance conflicts the company had. There are many issues the company was involved with. As a partnerank and you want them behind you. We have a great investor base. We have taken the company public. Revenue has grown ....

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2023 WeChat Statistics: Unveiling Crucial Insights and Trends

Explore the latest WeChat statistics in 2023, offering fresh insights into the app's continued relevance and impact on the digital sphere. ....

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