19 Burst results for "Hank Waters"

"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:30 min | 3 weeks ago

"hank waters" Discussed on Bloomberg Radio New York

"Quick tape This is a Bloomberg business flash From Bloomberg world Hank waters I'm Charlie cut at the Federal Reserve says the U.S. economy grew at a moderate pace through mid April and inflationary pressures remain strong but rising prices and geopolitical developments create created a cloudy outlook for future growth Repeating a story we brought you moment ago Shopify said to be in talks to buy technology startup deliver They're based in San Francisco It's a move that would help the Canadian ecommerce company expand in fulfillment services Shopify shares They are dropping on that word down now by 11% Italy has announced an energy deal with Angola to boost gas imports Stocks trading mix so we've got the S&P up ten now up by about two tenths of 1% the Dow up 340 up 1% as stacked down 119 lower by 9 tenths of 1% Ten years up 22 30 seconds ten year yield 2.85% Gold little changed up one tenth of 1% 1952 the ounce and West Texas enemy accrued also little changed up one tenth of 1% one O two 65 a barrel Earnings front and center Netflix plunging after last night's report down 36.3% Tesla reports today after the close of trading down now by 4.1% I'm Charlie held up That is a Bloomberg business flash All right Charlie.

Hank waters Bloomberg Shopify Federal Reserve Charlie U.S. Angola San Francisco Italy West Texas S Netflix Tesla
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:37 min | 3 months ago

"hank waters" Discussed on Bloomberg Radio New York

"From Bloomberg world Hank waters I'm Charlie pallod Amazon after the closing bell today Amazon shares that they are lower right now by 6.7% Facebook the major story after earnings plunging now by 26.02% our coverage continues throughout the day on Facebook stocks are tumbling as investors digest disappointing results from Facebook owner meta platforms along with concerns about persistently high inflation from the European Central Bank S&P 500 Index down 79 dropped there of 1.7% Dow industrials now lower by 340 a decline of 1% NASDAQ is down 381 down by 2.65% Qualcomm after earnings down by 2.7% Spotify after earnings plunging 17.2% We've got the ten year yield 1.82% spot gold down two tenths a month percent 1803 the ounce West Texas intermediate crude up 6 tenths of 1% 88 84 barrel So again recapping Facebook meta plunging right now by 26% S&P down 78 a drop of 1.7% I'm Charlie pellet that is a Bloomberg business flash Bloomberg opinion informed perspectives and expert data driven commentary on breaking news It is time now for Bloomberg opinion and welcome to day Conor San who has a column as it is really a warning for those of us in New York and those of us in Los Angeles about the fed hiking rates Connor thanks so much for bringing this It's a fascinating.

Bloomberg world Hank Charlie pallod Facebook Amazon European Central Bank Charlie pellet Qualcomm Spotify Conor San Texas
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:19 min | 3 months ago

"hank waters" Discussed on Bloomberg Radio New York

"From Bloomberg world Hank waters I'm Charlie how to fit Wednesday the Dow the S&P nez stack all advancing after a bullish forecast from tech giants traders scooping up some of the most battered shares during a sell off sparked by fears the Federal Reserve could accelerate the unwinding of pandemic era stimulus to combat inflation We will be getting that fed decision 43 minutes from now just over an hour we'll have the news conference for you live here on Bloomberg radio Here's where we stand S&P up 71 now that is a gain of 1.6% The Dow up 340 up by 1% as stack up 350 that is a gain of 2.6% Ten year yield 1.77% spot gold down $17 ounce down 9 tenths of 1% at 1830 ounce West Texas intermediate crude 87 28 a barrel up by 2% Brent crude trading above $90 a barrel today right now 89 89 a gain for Brent of 1.9% So again recapping fed Wednesday with the S&P up 70 up 1.6% I'm Charlie pellet That is a Bloomberg business flash Charlie thank you and thanks for being with us on balance of power Sometimes the mics just open June It's remarkable I know you have to watch that Bloomberg law host June Grasso staying with us here as we also add Neil devins to the picture on this breaking news day that's got all of us talking here Justice Steven breyer retiring Neil Devin's professor William and Mary law school and author of the company they keep how partisan divisions came to the Supreme Court Neil with that in mind the partisan division on this court will remain the same no matter what the president does right That's correct The appointment of a new justice is not going to change the ideological composition of the court in any significant way So what does that mean for the confirmation process Does that grease the skids a bit with everyone kind of understanding where we are in terms of numbers The democratic majority thing is it may be on Capitol Hill Does this get done easily It will depend a little bit on the nominee of course I think that it's an opportunity for Republicans to play nice so to speak with Democrats after Merrick Garland and all the bad blood that followed that experience So perhaps it will be a smooth confirmation process but again if the president appoints someone who the Republicans feel they can defeat and perhaps delay the process in a way that it might last until the midterm election Who knows It might be uglier than ever but I think chances are it will go more smoothly as a Republicans will want to have a reputation for playing nights as the ideological balance is not in doubt Well what levers do they have to delay at that long Is that even possible They don't have many levers of course the majority is going to run the show But at the same time there are potentially one or two Senate Democrats that depending on the nominee and what comes out of the president's mouth So to speak could slow things down but I think that's correct that chances are the leverage with the Democrats the Republicans who want to play nice not going to change physiological balance It's likely to be a fairly smooth process June grosso does this end the conversation not that we've heard a lot about it lately but it was big on the campaign a year ago The conversation about stacking the court Or does it renew it I don't think it ends the conversation at all because as you and Neil said this doesn't change the ideological balance And come June we're going to see a lot of decisions by this court I believe that come down 6 to three including an abortion rights decision Now whether that it's anticipated that the court from the questioning will cut back on abortion rights or even eliminate roe V wade So once that once that happens I think you're going to hear again a lot of talk about packing the court I don't think it's going to happen but I think you'll hear a lot of talk about it Well this motivate progressives to push for that Neil I think progressives will push as much as they can but it's a losing battle to pack the court It may be an opportunity for some of the Senate Democrats on the judiciary committee to use the confirmation processes of vehicle to air their grievances with the imbalance on the court or their grievances with what happened with Merrick Garland and try to create some forward momentum for reform but there seems to be no real energy to change the composition of the court You're not compelled by the personality side of all of this You know this is a justice known for having a sense of humor known for saying some outlandish things Some fun opinions to read Is that going to be kind of a Dave gone by on the court after this Well I think you know we saw one day gone by with the loss of justice Scalia And justice Scalia and justice breyer on the bench at time seemed like they were so much in sync and they were almost doing a comedy do or at different times They were like that bench has never been It's been a hot bench Since then but it's never been quite the same but just as briar has a profess attitude on the bench But he sometimes gives the zaniest hypotheticals I mean they're just so zany that I don't think you'll ever go to hear those again from him And I think that will be missing on the bench that and also he's been on the bench 30 years and he has such a weight of knowledge And I wonder how the change to justice Sotomayor will be leading the minority on the court the minority being the court's liberals when justice breyer retires and I wonder if there'll be any change and maybe Neal would know This better will there be any change in the dynamic with her as the leader of the minority Yeah what does this mean for justice Sotomayor Neal Well as June just noted it increases her power exponentially If it's a 6 three decision with the three progressives through Democrats on one side justice some of my or will determine who writes the dissenting opinion and that's a fairly significant power It's obviously better to be on the majority side to have power But if you're on the minority being able to figure out who expresses the views and how far to push things and try to change the discourse for future court in a future year it's an important We only have 30 seconds left just for both of you You expect a new justice in place before November yes I do but then what Neil said could happen there's always a possibility something Odds are in that favor though Neil Yes They're totally in that favor Thanks to both of you William and Mary law school professor Neil devons And of course Bloomberg law host June grosso helping us walk through the breaking news That's all for balance of power We have special coverage.

Merrick Garland Bloomberg world Hank Bloomberg radio Here Charlie pellet Neil devins Justice Steven breyer Neil Devin Mary law school Bloomberg Neil justice Scalia
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:37 min | 4 months ago

"hank waters" Discussed on Bloomberg Radio New York

"And at Bloomberg quick take this is a Bloomberg business lash From Bloomberg world Hank waters I'm Charlie Pelosi we begin with Netflix shares after ours now down by 20.1% Netflix said it expects to add just two and a half million subscribers this quarter a number that falls short of Wall Street estimates A down day on Wall Street a lot of selling in the final hour of the Dow the S&P nez stack all moving lore tech focused NASDAQ 100 fell into a correction a swift reversal after touching a record in November Today the NASDAQ 100 index down 1.3% and has stacked composite index also down 1.3% S&P tumbled 50 lower by 1.1% the Dow down 313 down 9 tenths of 1% Ten year yield 1.8% spot gold is at 1839 the ounce with Texas intermediate crude 86 90 a barrel or day by one tenth of 1% Again recapping and NASDAQ 100 in a correction and Netflix shares down now by 20% after hours I'm Charlie Pablo denzo Bloomberg business flash This is Bloomberg's sound on with Joe Matthew on Bloomberg radio One year ago at this moment the parades were winding down and the new president was ensconced in The White House Where he held a signing ceremony to mark a national day of unity Remember that They seem a bit quaint on this first anniversary But.

Bloomberg Netflix Hank waters Charlie Pelosi Charlie Pablo denzo Bloomberg Joe Matthew Bloomberg radio S Texas White House
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:31 min | 5 months ago

"hank waters" Discussed on Bloomberg Radio New York

"Quick take this is a Bloomberg business lash Bloomberg world Hank water is I'm Charlie pedaled with a Bloomberg business flash the U.S. Senate has voted to raise the nation's debt ceiling by two and a half $1 trillion an amount intended to extend the government's borrowing authority until early 2023 the 50 to 49 votes sends the legislation to the house As the Federal Reserve gets ready to wrap up its final meeting of the year another report showing inflation running hot sank some of the most expensive pockets of the stock market today now snack down a 175 points down 1.1% but as fact 100 index also lower today by 1% S&P down 34 down 7 tenths the Dow down one O 6 down three tenths ten year yield 1.44% Spot gold at 1770 the ounce and West Texas intermediate crew down 8 tenths of 1% 70 73 a barrel I'm Charlie peloton that is a Bloomberg business flash You're listening to Bloomberg sound on with Joe Matthew on Bloomberg radio Who says they don't get anything done in Congress The Senate just voted to lift the death ceiling You heard Charlie pellet And as I read on the terminal mansion says he's engaged with Biden on economic plan That's got to be good right Well not sure anything changed after the big meeting of the Joe's last night and.

Bloomberg world Hank Bloomberg Charlie Senate Federal Reserve Joe Matthew Bloomberg radio West Texas government Charlie pellet Congress Biden Joe
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:30 min | 5 months ago

"hank waters" Discussed on Bloomberg Radio New York

"And at Bloomberg quick take This is a Bloomberg business lash From Bloomberg world Hank waters I'm Charlie Pelosi down Monday with a lot of the losses coming in the final few minutes of trading stocks closed at the lows of the session the S&P down 43 points a drop of 9 tenths of 1% The down 320 also down 9 tenths of 1% NASDAQ down 217 down 1.4% that has stacked 100 index dropped one and a half percent Today traders were weighing the potential impacts of less generous monetary settings amid coronavirus challenges and lofty equity valuations Ten year yield 1.41% spot gold at 1786 the onslaught West Texas intermediate crew dropped 5 tenths of 1% 71 29 a barrel Recapping stocks lower S&P down 43 a drop of 9 tenths of 1% I'm Charlie Pablo that is a Bloomberg business flash You're listening to Bloomberg sound on with Joe Matthew on Bloomberg radio After all the talk about Joe Manchin in the role he's played in this debate for months often controlling the narrative It seems to me that If the bill passes it build back better actually passes Congress President Biden should hold the signing ceremony on Joe Manchin's.

Bloomberg Hank waters Charlie Pelosi Charlie Pablo Joe Matthew Bloomberg radio West Texas Joe Manchin President Biden Congress
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:48 min | 5 months ago

"hank waters" Discussed on Bloomberg Radio New York

"From Bloomberg world Hank waters I'm Charlie pelota rebound for the U.S. stock market we are close to session highs across the board stocks are advancing after the biggest back to back sell off since October 2020 is dip buyers scooped up some of the hardest hit shares Treasuries retreated We do have the tenured on 1530 seconds ten year yield right now 1.45% but as I mentioned we've got equity markets higher across the board now with the S&P up 64 a gain of 1.4% The Dow is up 590 up 1.7% NASDAQ up 96 now again of 6 tenths of 1% NASDAQ 100 index also higher by 6 tenths of 1% and we have got the Russell 2000 moving higher now by just about 2% Again ten year yield 1.45% spot gold tumbling $18 the ounce now down by 1% gold 1763 the onsen crude up three tenths of 1% 65 80 right now for a barrel of WTI the sell off in natural gas continues again today down another 3.2% Nat gas at four 12 per million BTUs As for the interest rate backdrop and what's ahead for the Federal Reserve Chris Harvey is head of equity strategy at Wells Fargo securities What the market is telling you is the probability of an era is less We can argue about whether the fed is going to be bullied by the market or the fed is doing it of their own volition But the most important thing is the probability of stagflation is much lower and that's a much different environment to invest in than what we're beginning to see A more constructive environment where the fed has control of inflation Weekly jobless claims edged higher after setting a half century loath in outstanding.

Bloomberg world Hank Chris Harvey fed Wells Fargo securities U.S.
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:35 min | 6 months ago

"hank waters" Discussed on Bloomberg Radio New York

"And at Bloomberg quicktake He's a Bloomberg business lash Bloomberg world Hank waters I'm Charlie powder choppy trading session 43 minutes to go to the closing ballets at the very latest right now as we head over to the first word breaking news desk for today's afternoon call Here's Bill maloney And good afternoon Charlie U.S. stocks are trading mixed right now at the Dow currently up a 155 points SUVs hired by two of the NASDAQ still lower down a 112 He was a ten year old at 1.66% Gold is down 16 transports rise a 109 points and Bitcoin is trading higher by 2.1% Among the main 11 SB sectors energy was the big winner while consumer discretionary was under pressure and leaders to the upside in the Dale Goldman Sachs travelers and his Chevron Salesforce fell 2.1% and led to the downside After earnings Best Buy dropped 13% zoo video fell 16% and in deal news SPX flow rose 6% on takeover speculation In other news a Cleveland jury concluded that Walmart CVS and Walgreens fueled the opioid crisis and wrapping things up autodesk Dell VMware and HP Inc all report After the bell Live from the first to break a new stair sky on Bill maloney Charlie Okay we thank you very much Bill some big names here will be all over those as they break into here live breaking news over your Bloomberg type squawk ask QU WK on your terminal I'm Charlie paladin There's a Bloomberg business flash All right Charlie thank you so much So we just talked about Best Buy shares plummeting and we're going to get into that a little bit We also see Dollar Tree selling the majority of its products for more than a buck now There's a lot going on when it comes to retail Then of course there are those supply chain woes that we continually talk about Let's go on as I mentioned our Bloomberg intelligence senior analyst put him keeping track of it all and writing even with those supply constraints Americans they're going to be out there shopping this holiday season She joins adding me on the phone in New Jersey Put them good to have you here First up before we get into the holiday season any thoughts on Best Buy I know you cover a lot of different retail and this may be doesn't fall right under some of the companies that you follow But those criminal groups like I can't you know it's very odd to have a CEO come out and talk about that right It is you know I must be a really big problem for them to come out and say that it's a scary one because not only is it bad for them on the margin side but it prevents people from wanting to go to the stores right Your hesitant about what you'll have to deal with should you go into the stores and the employees working there must be scared to want to work there So it has a lot to remember Remember what Best Buy does as well I wish we discussed the moment Harold but they sell things that we really needed in the pandemic And we're not buying as much of right now You know screens electronics all these kinds of stuff It's kind of like a one two punch I feel bad for them I guess put them broadly is demand really good right now you know for Best Buy electronics for brick and mortar Demand is good overall and we can see that in the retail sales numbers leading up to as recent as recent earnings results that we've seen from the retailers That said electronic sales computer TVs and all of that you have to remember or lapping the pandemic when there was mostly at home learning for schools Now kids are back to school So the demand has tapered from last year's levels but it's still higher than it was in 2019 No that's a really good point I have to say even though on my street I've seen some boxes for people who have obviously just gone out and bought a huge green TV at this point The other thing is Best Buy did talk about spending more on promotional activity and that really hit into gross margin All right so let's talk put them about retail shopping I know my daughter's already given me her holiday list It's a little bit tone down which is kind of nice To see that from your kids Tell us though why it's going to be off the charts is it because a higher price is or we're going to actually be selling more stuff It's going to be a combination of both So demand is higher especially for categories like peril and toys where kids are going out more and people are going out more so they want new things The sales side the reason why we're expecting for high single digit or even better gains is in part due to higher prices Yes prices will be higher because of inflationary pressures but also discounting will be lower So while there will be discounts over the coming days and even through Christmas they won't be at pronounced as they were in past years Should we should we put everyone in a bad mood and talk about supply chains I mean is my favorite sweater gonna be on the shelf this holiday season The things that I want are they actually gonna be there They will but how long they'll be there is the bigger question And that's tell us more Yeah so get what you want now Well it's funny that you said that to go ahead and please Well I was just gonna say that in your I'm being cheeky but in your research you point out pretty clearly right that the holiday season shopping window is long this year You know everyone is going to have every opportunity to go out You know why would that give us a boost Because you get an extra shopping day So if you look at the time frame from when people really spend the most time buying gifts and thinking about the holidays it's between Thanksgiving and Christmas And this year the calendar lens itself one extra date.

Bloomberg Best Buy Charlie powder Bill maloney Dale Goldman Sachs Chevron Salesforce HP Inc Bill maloney Charlie Charlie paladin Bitcoin Best Buy electronics Hank Walgreens Dow autodesk
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:30 min | 7 months ago

"hank waters" Discussed on Bloomberg Radio New York

"And at Bloomberg quick take This is a Bloomberg business flash From Bloomberg world Hank waters I'm Charlie pallette 13 minutes to go ahead of the closing valve 13 minutes until we hear from Facebook shares of Facebook up now by 1.1% We've got the Dow and the S&P 500 Index both the records right for the numbers will give you the why in a moment here with the S&P up 20 points right now up by about 5 tenths of 1% The Dow up 52 up by one tenth of 1% but as that composite index up 133 up by 9 tenths of 1% Ten year yield 1.63% stocks are higher as traders gear up for a string of earnings reports from tech heavyweights including Facebook but they're also keeping in mind inflation concerns and rising COVID-19 risks Spot gold up 8 tenths of 1% back above 1818 O 6 ounce while crude is down four tenths of 1% 83 44 barrel Bitcoin today up by 2.6% 62,761 Tesla shares rallying after getting an order for a 100,000 cars from Hertz Global Holdings Tesla shares up by 13.2% Perks global up now by 9.8% Recapping S&P up 20 up four tenths of 1% I'm Charlie paulette and that is a Bloomberg business flash It's.

Bloomberg Hank waters Charlie pallette Facebook S Hertz Global Holdings Bitcoin Tesla Charlie paulette
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:33 min | 8 months ago

"hank waters" Discussed on Bloomberg Radio New York

"Bloomberg world, Hank Waters I'm Charlie did is now down Tuesday. The Dow, the S and P has snack all on the minus side Treasuries are rallying. After a less than forecast increase in inflation was seen as giving Federal Reserve officials more flexibility. When it comes to pulling back on stimulus. The dollar edged lower 10 year Yield right now. 1.27% 10 year old 14 30 seconds s and P Lower an alibi 16 down by about 4/10 of 1% down, Industrials Down 245 down. 7/10 has backed down 11 to drop their of 1/10 of 1%. Spot Gold up 6/10 of 1% hard by $9 accounts of 18 Oh, three analyst, Texas Intermediate Crude down 4/10 of 1% 70 19 a barrel The Labor Department says the consumer pricing index increased 0.3% from July, the smallest advance in seven months. Compared with a year ago. The CPI rose 5.3% Peter Chicken E is director of research at Exotic Capital and on Bloomberg television and radio This morning. He told us he does not see that print changing much of anything. Other parts of the inflationary story have not changed at all. Supply chains remain disrupted. We're looking at aluminum at $3000 a metric ton and even lumber, which is the poster child for the transitory In quotes argument is still almost 40% above where it was on average in 2019. So I don't think this print changes much at all. And again that 10 year yield right now, 1.28%..

2019 $9 Tuesday 1.28% 1.27% 5.3% 0.3% 4/10 245 6/10 July 1/10 10 year 14 Exotic Capital 11 a year ago Peter Chicken E 18 Oh 16
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:45 min | 1 year ago

"hank waters" Discussed on Bloomberg Radio New York

"These. He's a Bloomberg business plan. Blumberg World Hank Waters, I'm Charlie Politi want to begin with the headline from the Bloomberg Professional Service and Exxon Mobil is planning a workforce reduction of 15% by the year and 2021 Exxon Mobil shares after hours trading lower now by just about 5% stocks fell from records is investors ASSESS the prospects for risk assets? After a blistering month long rally s and P 500 index Down 16 Today A drop their of 5/10 of 1% the Dow Down 271 down 9/10 NASDAQ lower by seven. A drop of about 1/10 of 1% tender down one 32nd 10 Year Yield 100.84% Gold down 6 10 17 70 70 ounce and west Texas intermediate Crude down 1% 45 06 a barrel after earnings, zoom video communication shares their down now after ours by 5%. I'm Charlie Pellet that Is a Bloomberg Business Flat, Charlie. Thank you so much. You are listening to Bloomberg Business week. Exxon Mobil singing non cash, fourth quarter impairment charge of 17 to $20 billion that just to add onto what Charlie said. About some of the Exxon Mobil news after the close, Well, record amounts of money we know are flowing into e s g E. T F this year fund managers from Black Rock to Aliens. Global on Investigative said Yes, she portfolios at performed during the coven 19 sell off. We know investors. Consumers. Everyone cares increasingly about DSG so earlier today I had to talk about conscious sustainability with a company that has for years thought about its impact on the environment and finding ways to make products that don't contribute to climate change are further pollute our world. Here is my conversation with Jenna Johnson, she's head of Patagonia from the Bloomberg Live, sustainable business event. In this excerpt, general talks about how companies can make money and still do good in the world. Check it out. Why is it that more retail isn't doing what you are? Why is it more companies doing what you are doing? What's holding it back? In your view? I think I think it's fear. You know, I think that there's a lot of companies that are that are afraid they're They're stuck in this growth model, and they're afraid that making change might influence or impact their ability to continue to see growth. Certainly. Um, you know, I think it's very much so in public organizations. You were really fortunate that we're private organization. But we're a private organization that sought after by a lot of investors because we are an extremely profitable company. And so I think Patagonia has proven that through good work and doing the right thing. You could be profitable and run a very successful business. Um, but I think that there's a lot of fear in people in companies today to be willing to make that change and toe try to implement some of these things. What I would say, though, in relation to that is that I think the thing that they should be the most afraid of is not changing. You know, the consumer is very clearly changing and is very clearly demanding sustainability. And responsible business practices from organizations all around the world. And for those companies choose not to be willing to make change today, you know, I think that's their greatest threat, actually, but many of them don't quite see that yet. What do you think? Would kind of move the needle more. And I know you and I have talked a lot about transparency. You guys of Patagonia. I mean, I've got in the catalogs like you kind of lay it all out. You go to the website and Talks about all the initiatives that you guys were doing, you know? Do we need like grading system of some sort, so that if I go shopping, I can compare this sweater to this sweater and understand with the impact on the environment is what the impact on, you know you name it in terms of sustainability. Do we need a grading system? And if so, who needs to put it in places that the different industries do. Investors need to be involved in this? I think a lot of people need to be involved in this. I do believe that a grading system could be useful. I believe in transparency first and foremost, and so I feel the first step is simply Our business is kind of aligning on metrics that are important and being able to all agree on what those are and put those force. Could that be a greeting system? Absolutely. Could it just be collaboration amongst corporations and businesses to find what those metrics are that really that really show kind of the work that the businesses are doing? I think that creates an incentive, of course. We are competitive by nature. But there are some things that we should not be competing on on decomposition in terms of sustainability and responsibility. This is where collaboration works, and we could find other things to find as our competitive advantages amongst businesses, But I think if we could Line and certain industries are beginning to have these conversations and it's really great to see a line on specific metrics that they could become really transparent with then you then you do put the ownership back into the customer's hands to be able to educate themselves and make really informed decisions when they go to make purchases. Well, you know, it's interesting before we got going, you and I were talking about the pandemic and how remarkable it is what we've seen right with, you know, pharmaceutical companies and industry that is competitive right with one another and yet with government support It's pretty amazing and remarkable what they've been able to do in terms of reducing a vaccine did at one of the vaccine from 10 years to a year roughly or so on guy. Do you think about collaborative efforts? Globally. How it could bring about changes when it comes to some of the things that you guys are doing and implementing it on a wider scale, and I do wonder are those conversations happening? Or Obviously, maybe they need to happen. Yeah, I mean, they are happening. I think the vaccine example. Carol is such a beautiful example. Because we're seeing it play out right? They're all going to be all those businesses. Air going, Tonto be profitable. It's not. It's not a race to be first. In this particular case, it's a It's a race to work together so that everyone can offer this vaccine to the world and we can move forward. On Do you know, I think kind of going back to how we started the interview. It's old businesses had a mission statement that said that they were in business to save the home planet. We would operate so differently with each other. And we would all work together to find the ways that we can have our own, You know, unique skill set that we bring to the table in order to contribute to what is an incredibly complex. Um, solution to save the home planet. There is not one circle..

Exxon Mobil Bloomberg Patagonia Charlie Bloomberg Business Flat Bloomberg Professional Service Charlie Pellet Texas Charlie Politi Jenna Johnson Hank Waters Carol
Dow ends down over 160 points as stocks retreat from records

Bloomberg Businessweek

00:44 sec | 1 year ago

Dow ends down over 160 points as stocks retreat from records

"Hank Waters, I'm Charlie Valadez, and he remains lower. The Dow was well, pulling back from records and as stank on the plus side now NASDAQ of 18 again thereof. Just about 1/10 of 1% stocks, easing off records with the Corona virus inside the S and P down five, a drop of 1/10 of 1%. The Dow is slumping 89 points lower by 3/10 of 1% should point out that NASDAQ has been swinging between gains and losses. NASDAQ 100 Index Up today by 1/10 of 1% for Russell 2000 up by 5/10 of 1%. 10 you up, 9 30 seconds 10 Year Yield 100.87% Gold Now down 2/10 of 1% 18 85 The aunts and West Texas intermediate crude down two cents little change their 41 31 barrel. I'm

Hank Waters Charlie Valadez Russell
Tesla stock rises after earnings and revenue top estimates

Bloomberg Markets

00:37 sec | 1 year ago

Tesla stock rises after earnings and revenue top estimates

"He's a Bloomberg Business World. Hank Waters. I'm Charlie Tesler tops estimates, keeping its 500,000 car target for 2020 shower shares are driving hard now up by 3.2% after ours. Tesla's third quarter adjusted GPS 76 cents. Estimates were for 55. Cents a revenue beat as well. Third quarter revenue 8.77 Billion estimates were for 8.26 billion. So again, Ah beat out of Tesla's saying a repeating that it will deliver 500,000 vehicles in 20, saying it does remain a target again. Cecil shares up right now. By 3.3%

Tesla Charlie Tesler Hank Waters Bloomberg Cecil
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:27 min | 1 year ago

"hank waters" Discussed on Bloomberg Radio New York

"Country illegally from Mexico, Honduras and Guatemala. They also said nobody was wearing any personal protective equipment. The American driver was arrested and the truck seized after being reported stolen. And Sesame Street is addressing racism, the iconic show announced Thursday. It will be airing a half hour special called the Power of We which we'll talk about racism that help Children could stand up to it. That's the latest on Taylor. And I'm Charlie Pellet map. Bloomberg World. Hank Waters, an update and up Wikus well as Stumpy had its biggest weekly increase since July on optimism about Mohr fiscal stimulus Monica Descent, So is head of US equity strategy of J. P. Morgan Chase Bank. She says the move higher is also connected to the election. It doesn't appear increasingly likely that we'll see a blue wave And I think that is what the market is Pricing and right now, when you see equities continue to move, because if you only have a bite and win without, say, the Senate moving and the harder for him to get more of the stimulus done, and next week, Wall Street's focus will shift the bank earnings. Fed data show America's largest banks are maintaining the safest holdings in decades more from Bloomberg's Vinny del Jude Ice Big Banks haven't been this cautious and 35 years Federal Reserve reports cash treasuries and other securities effectively guaranteed by the federal Government make up more than 35% of the major banks combined balance sheets. That's the biggest share since 1985 and 5.5 points higher than the five year average, with bankers facing a wall of worry. Any doubt you'd iceberg radio. With the covert 19 pandemic largely under control in China, the Golden Week holiday is putting on display the country's confidence and its economic rebound as well as its public health measures. Leland Miller is the CEO of China Beige Book International. I think the images you're seeing in terms of travel or realize there is a real recovery going on in China right now. It's better than what you're seeing around the rest of the world because they're you know, they're solution to Jacoby was was so dramatic and so quick as some P 500 Index advanced by 30 points up 9/10 of 1% NASDAQ Up 159 Off 1.4% The Dow Up 161 up 6/10 of 1%. Global news 24 hours a day on air and on Bloomberg. Quick, Take power by more than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is Bloomberg Law.

Bloomberg Bloomberg World Bloomberg Law China Charlie Pellet China Beige Book International J. P. Morgan Chase Bank Hank Waters Mexico federal Government Taylor Senate Guatemala Leland Miller Federal Reserve US Honduras America
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:00 min | 1 year ago

"hank waters" Discussed on Bloomberg Radio New York

"I'm Charlie Pellet at Bloomberg World. Hank Waters on up Friday with Tech companies leading gains in the S and P 500 as the NASDAQ 100 Index jumped 2.3%. Stocks climbed as dip buyers appeared after this week's market slide, Tempering a cloudy outlook for a US stimulus package. Brian Belski is chief investment strategist that BMO Capital Markets markets are volatile again, and people seem to forget that September's the most volatile month of the year, the most negative of the year. And third quarters, the most negative the quarter of the year. It all leads to a very positive fourth quarter. Historically, if you look at prices going back to 1945. As for the economic backdrop, Evan Brown is head of multi assets strategy of cubes. Asset management. There is kind of still this, this underlying resilient but I think in the case of the economy will remain in place as long as we're taking targeted restrictions, as opposed to Severe March April style lock down and with only a few trading days left in the third quarter. What about the growth outlook? Steven Stanley is chief economist at Amherst. Pierpont Securities. I'm up around 35% Onda consistent kind of been steadily moving in that direction, but the rebound was was faster. And more vigorous than initially expected, so the numbers are definitely going to be pretty strong for Q three. With deadlines looming, the U. S. Is fighting to impose President Trump's ban on the viral video sharing APP. TIC TAC, A federal judge in Washington has scheduled a Sunday morning hearing on TIC Tac's request Toe halt the ban hours before it's set to go into effect. S and P Up. 51 up. 1.6%, the Dow Advanced 358 points off 1.3% Now stack up 241 a gain of 2.3%. Global news 24 hours a day on air and on Bloomberg. Quick, Take power by more than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. Face is balance.

Charlie Pellet Bloomberg TIC Tac Bloomberg World Evan Brown BMO Capital Markets Brian Belski Hank Waters US Pierpont Securities chief economist Steven Stanley Trump President Amherst Washington
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:12 min | 1 year ago

"hank waters" Discussed on Bloomberg Radio New York

"There's a new Mac and cheese based off the famous YouTube video with each piece shaped just like one of the sharks or fish. I'm Brian should And I'm Charlie Pellet in Limburg World Hank Waters a mixed Friday and another losing week for the U. S stock market. This week, the S and P 500 index was down 2.5% but down SNP both higher today. NASDAQ had a losing day, with declines in technology shares, continuing after a five month rally came to a halt last week. Investors are also focused on Washington and stimulus efforts. Meghan Green is a senior fellow at the Harvard Kennedy School of Government. Seeing a whole bunch of support your consumers and workers and small businesses expire and so unless we get More support. I think the U. S will go back into recession. Negotiations on fiscal stimulus broke off more than a month ago with nothing further scheduled. Andrew Sheets is chief cross as that strategists at Morgan Stanley in London. This is a very binary outcome. The difference between another kind of cares. Package passing and not is the difference of of trillions. For you know us. Ah, GDP over the coming months. And that is the difference between you know better than expected growth and growth starting to decline again, and Jay Pelosky is chief investment officer of T P. W investment management. The fact that the U. S. Is not able to agree on a fiscal package in front of an election speaks clients especially compared to what we've seen, for example, in Europe just in the last two weeks where France Germany, and all expanded Don't upon new fiscal packages. Most stocks in the S and P 500 rose three up for every to there were down. DowJones Industrial average advanced on rallies and Nike, Tao and Caterpillar. The Dow was up. 131 points up 5/10 of 1% as skimpy little changed up one point up less than 1/10 of 1%. NASDAQ Down 66 a drop of 6/10 of 1% Global News 24 hours a day on air and on Bloomberg quick take power by more than 2700 journalists and analysts and more than 120 countries. I'm Charlie Palace. This is Bloomberg. This is Bluebird..

Bloomberg Charlie Pellet Charlie Palace Harvard Kennedy School of Gove YouTube Andrew Sheets chief investment officer Hank Waters Meghan Green Limburg Morgan Stanley Washington senior fellow Jay Pelosky Europe
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:13 min | 1 year ago

"hank waters" Discussed on Bloomberg Radio New York

"Bloomberg Television. Wall Street is closing out a volatile week with another day of losses. The major indexes rebounded from session lows and the Dow Jones industrial average briefly turned positive before finishing down nearly 160 points. Democratic presidential nominee Joe Biden says it's not hard to believe President Trump's alleged comments about the military are true. Based on other comments. He's made the same guy that when the ship went in the harbour, you made sure the USS McCain was covered. Couldn't see it. He's the same guy denigrated president said The comments reported by the Atlantic are absolutely false. The article claims the president called soldiers who died in World War One losers while he was in France A couple of years ago. The dean of Brown University School of Public Health says it's hard not to be concerned about a covert 19 vaccine being politically motivated. Fish, Josh told MSNBC. We need to let FDA scientists make the decision on approving a vaccine, not politicians. I'm Brian shook and I'm Charlie Pellet at Bloomberg World Hank Waters two week low for the U. S stock market, but stocks did bounce back from a sharp selloff as mega cap tech shares sold off. Laura Ramos, chief U S economist at F s Investments at the end of the day. You know we're not being in broad day light quality. We've seen this market rise that's been due to a very small Number and increasingly small number of names, and I think you have to say the same thing about the market on the way down, and today we got the jobs report and it showed the recovery in America's virus rack labor market extended for 1/4 Month with that story, Here's Bloomberg's Vinny Del Giudice. The economy recoup 1.4 million jobs in August, boosted in part by new census workers. Unemployment dropped 8.4%, the lowest since March. After peaking in April, a record 14.7% the data offer evidence that the economy is on the mend is the Corona virus lingers in Washington wrestles over further rate for jobless workers. Payrolls air still down 11.5 million A detail to die Swanberg Radio Administration reaction from Larry Kudlow, director of the National Economic Council, who spoke with Bloomberg Television and Radio. Today's number.

Bloomberg Television Bloomberg McCain President Trump president Joe Biden Larry Kudlow Swanberg Radio Administration Washington Vinny Del Giudice FDA Brown University School of Pub Laura Ramos Atlantic MSNBC France Charlie Pellet
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:07 min | 1 year ago

"hank waters" Discussed on Bloomberg Radio New York

"Whole lot of President Trump said it could signed the executive order before the end of the week. I'm Rich Johnson and I'm Charlie Pellet at Bloomberg World. Hank Waters, Tech stocks slumped a small caps gained. It was AH mixed Friday, with the S and P and the Dow both advancing NASDAQ declined on the weak. The S and P 500 index was up 2.5%. America's labor market made up more lost ground in July, though payrolls recovered at roughly 1/3 of June's pace. And with more Here's Bloomberg's Vinny Del Giudice, the government's data signal the economy is gradually improving. Despite the surge in Corona virus infections. The economy regained 1.8 million jobs in July, but payrolls air still down by 13 million this year. God Look, it's uncertain. His businesses use up the last of their federal loans and reduced unemployment benefits. Pressure. Consumer spending Vinny Del True dice Bloomberg radio reaction to the report from Tiffany Wilding, chief economist at Pimco. Clearly, it was a it was a stronger than expected report. But I think we have to keep in mind here that the state is lagging in terms of when it says that July report. It really means halfway through July, because that's when the survey has taken, so it's really capturing halfway through June to halfway through July, and economics Professor Danny Blanche, florid Dartmouth College says it is tough to extrapolate these numbers. This is unprecedented territory. We've never seen anything any dip of the kind that we saw, not even so much necessarily the scale of the dip but the speed, so there's really no precedent. Baker Hughes says. Drillers cut exploration and U. S oil fields to a 15 year lows. Billions of barrels from old discoveries became worthless. And Explorers abandoned growth plans as stumpy up two points a little changed up less than 1/10 of 1%. The Dow up 47 up two tents that stack down 97 down 9/10 of 1%. Global used 24 hours a day on air and on Bloomberg quick take power by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg..

Bloomberg Bloomberg World Charlie Pellet Vinny Del Giudice Hank Waters Dow Rich Johnson Trump President Pimco Tiffany Wilding Dartmouth College executive Baker Hughes America Danny Blanche chief economist
"hank waters" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:57 min | 2 years ago

"hank waters" Discussed on Bloomberg Radio New York

"He's a Bloomberg Business plan. Blumberg World Hank Waters signed Charlie Fella there you have it sound off the closing bell at the New York Stock Exchange, folks from Macy's virtually ringing that closing bell. And it is onto a long holiday weekend with the Dow, The SNP in NASDAQ all advancing, We finish well off our session highs. But yes, and up Thursday nonetheless, as he picked up 14 points right of the clothes, they're late session fade but up 5/10 of 1%. The Dow up 93 hard by 4/10 of 1%. At the best level of the day, we had the Dow Jones Industrial Average up by 469 points as MP 500 did come off session highs is trading volume tumbled by more than 20% ahead of the holiday on news that Florida's cases and hospitalizations jump the most ever SNP up 14 up 5/10 NASDAQ and a record of 53 now at 10,207 up 5/10 of 1%. And so far this year, NASDAQ is up by 13.8% tenure of 2 30 seconds with the old of 300.66%. Extending its rally is a government report this morning from the Labor Department showed payrolls increased by 4.8 million in June after an upwardly revised 2.7 million gain in the prior month. Now, as for the labor market and the stock market, Allen's Afrin is founding partner and co CEO of IYC Capital. He was our guest moments ago, right here on Bloomberg. BusinessWeek. There's clearly a disconnect between The current status of the financial markets in the main economy, and it's difficult because patients is gonna play out that probably was the right thing to do is pick up the economy of its very hard to swallow. You don't have a job right now You watch the market go up and you feel like you're not participating. It's very difficult, Visceral thing to experience. Bank of America says it will start bringing employees back to offices in phases after Labor Day among some of the bank's shares today, Bank of America by 1/10 of 1% J. P. Morgan Chase up three tents, Citigroup Up by 4/10 of 1%. I'm Charlie Pellet. And that is a Bloomberg business Flash. Move around most creative most. I feel the Earth. Move on, you move like I've never seen anyone that best people move like you got a purpose shakers that costs a little more of that name cracked me up. Bloomberg BusinessWeek. Movers and shakers with Carol Measure and Jason Kelly on Bloomberg Radio Hiss Indeed, let's take a look at some of the stocks on the move in the Thursday trade, wrapping up the week of trading here as we get ready for the Fourth of July long holiday weekend s and P 500 Charlie breaking down those numbers, Jason, but we had a stronger rally earlier. In the day. And while we still ended up with gains on the S and P, Dow and the NASDAQ, we were pretty much just off our lows of the session. So we lost a lot of the mo mentum. What did it mean for the S and P 500 still fairly broad based in terms of the gains 357 names in the index higher today, 144 Lower four unchanged. And if I take a look At the major industry groups, Materials energy Industrials, your outperformers materials at the top with a gain of about 1.6%. Bottom of the pack financials and real estate, seeing some spend some selling and just quick. Look at the number A TJ's for the week overall because we did see a rally in stocks. This week s o. He did see, actually put those numbers. You go ahead and take a look at some of stocks in the movie. Just got change. Yeah, I mean, I was looking I mean, maybe not surprisingly, at some of the travel related names, which were leading the way down, and I think we had Dave Wilson mentioned this earlier. And it's the cruise lines. It's the airlines. Yeah. You know, I think people are worried, and this goes back to what Alan Saffron was saying to some extent, you know there is this disconnect? I mean, and I think we can talk about this disconnect enough. Between Wall Street and Main Street, and and I liked what he said. Or I mean, I appreciated what he said. I should say, which is the reality, which is that from a stock perspective, it's all about the Fed. And from an economic perspective, you have to be looking elsewhere. But if you look at those underlying numbers People are travelling and when they are when we heard the traffic report earlier in our local stations, people driving to the beach or going someplace so business travel, which is huge when it comes to the hospitality industry. We've heard from folks in the travel industry that even when leisure starts to come back business travels going to take a longer time. And some of them may to never come back. Not to the levels. The way we saw provide Iris, right, because some people say Do you really need to take that that, you know? Do you really have to get out of playing to do that mean? You could probably just you know how about Peter and do it? Yeah. Do you need do you need to go to Los Angeles for a day? Do you need to go to London for a day? And we've all done with a lady. An overnight trip like we've all done it. What's interesting, though it looks like we had some decent gains in the markets for the week overall, so you know, Yeah, we so stocks can about tobacco. But, yeah, it's interesting. One name that we followed pretty closely aka my. That's one of your biggest gainers on it. If you saw that it got an upgrade. I believe from Cowan. Let me just make sure that I'm not Miss Policing? Yes. Cowan upgrading on valuation, saying there was a significant valuation disconnect between the Internet infrastructure company and its peers. Discount comes despite Occupies greater scale profitability and still solid growth represents in a tract of weight to play long term tail winds like streaming video and cloud computing and again, So you know,.

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