8 Burst results for "Global Schrader"
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"9 60 to the country. SiriusXM channel one 19 and around the globe, the Bloomberg business app in Bloomberg radio dot com. This is Bloomberg daybreak. The 6 30 on Wall Street. Good morning, I'm John Tucker. And I'm Cameron Moscow where just about three hours away from the open of U.S. trading. It's time for the 5 things you need to know to start your day brought to you by interactive brokers, interactive brokers simple IBKR global trader app deposit in your local currency and trade stocks in the U.S. Europe and Asia start your free trial at IBKR dot com slash global Schrader. A first U.S. futures are higher this morning after the first down day for stocks in nearly a week. Markets are still digesting minutes from the latest fed meeting. Laurene Gilbert's CEO of wealth wash financial says there's uncertainty but still a chance for solid returns. We do like small cap across the way growth in value because if you do believe that this is a bull market run, then we have the opportunity for small cap to continue to outpace. Lorraine Gilbert with worldwide says technical indicators show markets could sustain a bull run in the months ahead. And traders are waiting fresh economic data today. 8 30 a.m. Wall Street time Labor Department releases the latest figures on jobless claims. We're also going to get existing home sales for July that's a ten. And we turn to corporate news now, John where tech giants Apple front and center the company is aiming to unveil its new iPhone next month. Bloomberg should need a young joins us live
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"Global Schrader. At first futures are higher following earnings from two tech giants, Amazon shares are surging 12% after the company reported revenue that top estimates and Apple shares are up 2% after it also beat estimates. Bloomberg intelligence, senior analyst Matthew bloxsom has more. They're keeping costs under control. That's been a really big focus for Amazon shareholders recently and optimistic about the next quarter you have been issued a range for revenue guidance that was pretty much consistent with where analysts are expecting it to be. I think for Apple iPhone sales held up better than expected. People expecting New Mexico on in the next quarter and that's going to really help sells and encouraging Tim Cook said they expect to see progress in revenue in that quarter. Matthew blocks him at the Bloomberg intelligence as both Amazon and Apple are positioned for strong performances in the next quarter. And we just gotten results from Chevron and Exxon mobile Karen, the big oil companies both reporting earnings above analyst estimates shares of Intel are down nearly 10% the chip maker's profit in sales miss projections and Roku shares are plunging down more than 24% after it also miss estimates. Economic report is also due out today. The University of Michigan issues its national consumer sentiment index for July. It comes as experts debate whether the U.S. has slipped into a recession, one top official says no, we get the latest lie from Bloomberg's Rene to young good morning. Good morning Karen, treasury secretary Janet Yellen is rejecting the notion that the U.S. has entered a recession. She points to continued job creation, gains in consumer spending, strong household finances, and growth in business. Although she acknowledges a slowdown is needed to tame inflation. We know there are challenges ahead of us, growth is slowing globally, inflation remains unacceptably high. And it's this administration's top priority to bring it down. Treasury secretary Janet Yellen says she remains optimistic about the country's ability to fight inflation. Live in New York, I'm renita young Bloomberg day break. We need a new note on geopolitics this morning President Biden and Xi Jinping have agreed to set up an in person meeting after their long phone call yesterday. And futures this morning are on the rise S&P futures up about 30 points. Now, futures up a hundred NASDAQ futures at 144 thus the 5 things you need to know to start your day brought to you by interactive brokers. And it's now 6 33 on Wall Street 75° in Central Park got an accent on the southbound FDR drive at 63rd street that Peter van's going to tell you about in a few minutes, first Michael Barr is here with what else is going on in New York and around the world, good morning, Michael. Good morning, Nathan, a former state Supreme Court Justice, and a former democratic power broker from western New York, where sentenced to prison for their roles in a bribery scheme which authorities say influenced judicial decisions and official appointments. G Stephen pigeon, the ex chairman of the Erie county democratic committee, received a one year sentence, former justice John, McAllen, received a year and four months. Heavy rains have caused flash flooding and mudslides as storms pound parts of eastern Kentucky, Kentucky governor Andy beshear says that at least 8 people have died from the flooding in the state. We have activated our National Guard in fact, I just signed a state of emergency that will unlock the resources needed and also tell the people of eastern Kentucky that we are going to be there for them. Governor Bashir also says about 20,000 people are without power. New York City mayor Eric Adams met with the newly confirmed director of the ATF Steve dettelbach and the statement Adams says the ATF will be a partner in ending the flow of illegal guns to New York City and in taking down the violent offenders. We want ATF to double the number of ages here in New York City. And we need Congress to support the ATF with the resources to make that happen. Mayor Adams also called for revoking the license of the nation's largest supplier of ghost guns. Vice president Kamala Harris was in Brooklyn yesterday to speak about the Biden administration's investments in underserved
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"Europe and Asia. Start your free trial at IBKR dot com slash global Schrader. At first, the FOMC meets in Washington where the Federal Reserve is expected to issue a 75 basis point rate hike today Evercore ISI chief equity strategist Julian Emanuel said the fed risk the anchoring inflation if it raises rates today and then cuts them in the future. Part of the dynamic in markets is that we've all have low trained to expect stocks to rally when the fed cuts rates to the extent that we take that away, you're actually doing a service. Never course, Julian Emanuel said the fed should tame inflation while keeping the market fundamentally sound tune into a special edition of Bloomberg surveillance today for complete coverage of the fed starting at one 30 Wall Street time. All right, back to markets, Karen futures are moving higher after earnings from Microsoft and alphabet today we hear from meta the parent of Facebook, Instagram, and WhatsApp. Bloomberg's Jeff Bellinger has a preview. The bar for meta platforms is set low, the social media giant recently slowed the pace of hiring and there are some general concerns about the era of social media dominance, meta is dealing with a number of headwinds, not the least of which is the privacy change by Apple that complicates ad targeting at a time when the risk of recession could weigh on ecommerce spending. Jeff Bellinger, Bloomberg daybreak. All right, Jeff, thank you. We told you yesterday about an SEC investigation centered on coinbase. Now we're learning a big name investor is cutting bait and Bloomberg's Renee young joins us live with more. Good morning, Renee. Good morning, Karen. Kathy Woods are investment management dumps coinbase shares for the first time this year. Arcs daily trading data compiled by Bloomberg show three of the funds sell just over 1.41 million shares valued at about $75 million as of yesterday's close. And of that, the firm's flagship arc innovation ETF sells 1.12 million shares of coinbase. Bloomberg sources say coinbase is facing a U.S. probe into whether it improperly led Americans trade digital assets that should have been registered as securities. Coinbase shares lost about a 5th of their value Tuesday, live in New York, I'm Rene young Bloomberg day break. All right, we need a thanks and a quick politics note a federal grand jury is looking into efforts by former president Trump to create false selectors to overturn the 2020 election. And that's the 5 things you need to know to start your day. Brought to you by interactive brokers. This is Bloomberg. At 6 33 on Wall Street where it's 71° in Central Park dealing with a crash on the belt Parkway eastbound approaching flatbush avenue, more coming up in traffic first, Michael Barr with more on what's going on in New York and around the world good morning Michael. Good morning, Nathan, New York mayor Eric Adams as the teen shown in the video punching police at a Harlem subway stop was arrested for robbery as well, but was released just days before. Adam says the era of catch release repeat for criminals has to stop. Robberies of violent crime, so as soon as we catch them, the system releases them, and they repeat the action. That is just, you know, that's when I say we're the laughing stock of the country. This is what I'm talking about. Earlier this week, NYPD transit chief Jason Wilcox says that assaults on his officers have skyrocketed over a 55% increase this year. Governor Phil Murphy's administration asked new jerseyans to use less water amid a heat spell and scarce statewide rainfall, some parts of New Jersey, including the state's most populous city Newark, had recorded 5 straight days of temperatures 100° or higher through Sunday. InfoWars host Alex Jones who claimed that the 2012 massacre at sandy hook elementary school in newtown, Connecticut, was a hoax, was at a Texas courthouse to defend his actions in a $150 million lawsuit by the parents of one of the children killed. Jones spoke about the court. This is a
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"Trial at IBKR dot com slash global Schrader. Up first, we go to highland park, Illinois, where a gunman opened fire on a rooftop at an Independence Day parade yesterday, killing at least 6 people and wounding at least 30 others. Illinois governor JB pritzker addressed the violence in a news conference. A little while ago I spoke with President Biden who pledged all support The White House can provide. The president agrees with me this madness must stop. Illinois, governor JB pritzker, a person of interest in the shooting was taken into custody, lady yesterday. Now, turning to Washington, there is the Biden administration could roll back some tariffs imposed by former president Trump. So new U.S. and Chinese officials discussed the batter last night in what The White House calls candid and substantive discussions. Their expectations, The White House that removing levees could ease inflation pressures on consumers. John, looking at the economy, we may get a recession, but opportunity for investment could still be positive depending on the magnitude of the slowdown. That's according to Goldman Sachs macro strategist for global fixed income, Capri gill, either way she says, the labor market will feel a pinch. We'd say that there's so much in certainty we're going to have to monitor the data closely, the expectations for this year is for the unemployment rate to remain stable, the pace of job gains to moderate. Common slash macro strategist Capri Yale expects growth to level off as rates head higher. Meantime at other bank is painting a grim picture for the economy and Bloomberg's ready to young joins us live with more. We need a good morning. Good morning, John, with the recent drop in bond yields, investors are betting the fed may turn less hawkish if inflation peaks in the second half of the year, but Morgan Stanley says any drop in interest rates should be interpreted as more of a growth concern rather than the fed giving relief. Strategists there say if growth were to pull back, the S&P 500 may sink to 3000 points, that's about 22% below its latest close. Live in New York, I'm reneed a young Bloomberg daybreak. All right, we need a thank you S&P future is lower down 18 points. Dow futures down 136 and NASDAQ futures down 67 that ten year treasury ish down 6 30 seconds yield 2.90%. That's the 5 things you need to know to start your day brought to you by interactive brokers and this is Bloomberg
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"And the yield on the two year 2.99%. It is 9 18 on Wall Street time for your daily Bloomberg crypto updated as brought to you by interactive broker is simple IBKR global trader app, deposit in your local currency and trade stocks to the U.S. Europe and Asia. Start your free trial at IBKR dot com slash global Schrader. Now at the latest in crypto news, here's Bloomberg, trinita young, ranita. Karen right now, Bitcoin is trading around 21,000 It's rising today as some executives of investors expressed optimism that the selling pressure that drove the largest token down to an 18 month low over the weekend is easing. Now with several crypto leaders or lenders rather, at least one hedge fund struggling to meet their financial obligations, concerns had mounted that the wave of liquidations that sink cryptocurrencies could worsen. In the news, North America's first Bitcoin ETF is at the center of a crypto market guessing game after it saw record one day outflows of $500 million last week. Data compiled by Bloomberg show the withdrawals from the purpose Bitcoin ETF equaled about 24,510 Bitcoin. And the company that managed visit says it's a reflection of investors views on the market and that the company does not have direct visibility into who's doing these trades, but some market watchers say the outflow has the appearance of being a forced sale. Meantime, crypto's richest man is facing a regulatory crackdown in a brutal winner. You want to check out Bloomberg business week's article on crypto exchange binance leader Chiang Peng zhao for this week and that your Bloomberg crypto update, live in New York, I'm renita young Bloomberg radio, Karen. Cry we need
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"Europe and Asia start your free trial and IBKR dot com slash global Schrader Up first fresh development this morning on Elon Musk's pursuit of Twitter Bloomberg junior young joins us live with more good morning radina Good morning Karen Elon Musk says he'll proceed with his $44 billion Twitter takeover only if the social media giant proves that less than 5% of its accounts are fake Dan Ives managing director of web bush securities believes Musk has other intentions I believe this is really ultimately Musk getting cold feet with a deal We'll confer scapegoat It's really turned into what I see as a Twilight Zone situation He's trying to bow as a deal $1 billion breakup fee or drive a much significantly lower price Twitter's back into the wall Dan I have some bush securities made the comments earlier on Bloomberg daybreak Twitter released a statement saying it's committed to completing the transaction on the agreed price and terms Life in New York I'm ranita young Bloomberg daybreak All right we need to thank you shares of Twitter right now They are down about 3% in early trading A U.S. futures are on the rise bonds are falling after yesterday's late sell off Nancy Davy founder of quadratic capital management says the market is still too optimistic about the fed's ability to tame inflation So much of the inflationary shock is not necessarily a result of the level of interest rates It's other reasons that are pandemic related So it's a really challenging time to try to thread the needle And I think that's why we're encouraging investors just to be very diversified Nancy Davis of quadratic capital management says if inflation doesn't come down with higher rates she worries about stagflation Also on the mind of investors as according to Bank of America's latest fund manager survey it shows stagflation fears are highest since 2008 And we're also going to hear from the fence at a 6 Central Bank officials will speak including chair J Powell He'll be interviewed during a live Wall Street Journal event this afternoon And we'll also again more of a sense of consumer sentiment today when the government issues data on retail sales and will also get earnings from Walmart Futures this morning are currently higher with S&P futures up 70 points Now futures at 486 and NASDAQ futures up 266 and that's the 5 things you need to know to start your day Brought to you by interactive brokers You know thanks Karen 6 33 on Wall Street and time to bring in Michael Barnes to tell us what else is going on in New York And around the world John thank you very much sir President.
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"Trial at IBKR dot com slash global Schrader A first traders enter May after a historically poor April the NASDAQ had its worst month since October 2008 and the S&P had its worst April since 1970 And it comes Karen as the fed is expected to raise interest rates at this week's FOMC meetings Miller tayback chief market strategist Matt maley says if inflation persists the fed's path forward becomes murkier That's the fear that the fed is going to have no choice but to tighten further and because of the fear of stagflation And that's going to cause the market to fall further than it has Matt maley chief market strategist and Miller tayback says traders should take advantage of the recent sell off On the bond market is also facing around Nathan and Bloomberg's John Tucker tells us that's being fueled by Japanese investors John good morning Good morning Karen Japanese institutional managers known for their legendary U.S. debt buying sprees in recent decades an out fueling the great Bon sell off The largest overseas holder of U.S. treasuries has offloaded almost $60 billion over the past three months Currency hedging costs have offset the appeal of higher U.S. yields a Japanese investors may not return until the benchmark ten year yield trades firmly above 3% Live in New York I'm John Tucker Bloomberg daybreak All right John thanks and over the weekend Warren Buffett conglomerate Berkshire Hathaway reported earnings It revealed the billionaire was active in Q one Bloomberg junior young joins us live with more Good morning Granada Good morning Nathan Warren Buffett made $41 billion in net stock purchases during the first quarter His biggest buying spree in at least a decade and a war and soaring U.S. inflation did not deter him from doubling down on a tried and trusted strategy to navigate the fallout Among the purchases Berkshire raises its Chevron holdings and the company now owns an expanded 9.5% stake in Activision Blizzard And at the annual shareholders meeting the 91 year old Buffett gave no indications he plans to step back from his role Live in New York I'm renita young Bloomberg daybreak All right we need to thank you overseas in Ukraine about a hundred civilians were evacuated from the besieged steel plant in the port city of Mario pole Ukrainian president Vladimir zelensky gave it with U.S. House speaker Nancy Pelosi during a surprise visit this weekend in Kyiv the House speaker met with Poland's president today And that's the 5 things you need to know to start your day brought to you by interactive brokers This is Bloomberg Thanks Karen 6 33 on.
Bloomberg Radio New York
"global schrader" Discussed on Bloomberg Radio New York
"At IBKR dot com slash global Schrader Up first an update on talks from Russia the Kremlin says a neutral Ukraine with its own army is a possible compromise option The announcement comes amid continued to shelling in Ukraine and negotiations happening today between Russian and Ukrainian leaders Meanwhile President Biden expected to announce more than $1 billion in Ukraine military aid today Bloomberg's Ed Baxter has that story This will come from the 13.6 billion in aid that was passed by Congress and will provide anti armor and anti air systems that include javelins and stingers as well as Secretary of State Antony Blinken as saying it will complement the humanitarian aid already being sent This comes as Ukraine's president volodymyr zelensky is scheduled to address Congress today in San Francisco I'm Ed Baxter Bloomberg daybreak And thank you staying in Washington and interest rate high coming from the Federal Reserve for more years Bloomberg's Vinny del giudice Economists say the fed will raise its benchmark interest rate by a quarter point the first rate increase since 2018 U.S. inflation is running at the highest levels in four decades and gradual tightening will probably continue Bloomberg economics as in more normal times such inflation data would support a larger fed rate increase a half point increase Any delta Bloomberg day break All right thanks Vinny Another fed note President Biden's nominee for fed vice chair of supervision Sarah bloomer asking withdrew her candidacy after West Virginia senator Joe Manchin said he would not support her And turning to markets now John U.S. futures and European equities are higher in China's hang seng index gained 9% after the country vowed to boost financial markets and stimulate economic growth Now to COVID Pfizer asking U.S. regulators to approve a second coronavirus booster for seniors with the latest live Here's Bloomberg's ready to young Good morning radio Good morning John Pfizer says Israel already started offering a fourth shot to older people and healthcare workers last year and the data shows the fourth shot given at least four months after the third reduced the rate of infection and severe illness that's compared to those with one booster Live in New York I'm renita young Bloomberg day break All right ready to thank you And that's the 5 things you need to know to start your day brought to you by interactive brokers Again S&P futures higher up 55 points this morning and straight ahead your latest local headlines plus a check of sports and this is a Bloomberg All right thanks Karen 6.