19 Burst results for "Schwarzman"
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"I'm Dan schwarzman that your Bloomberg world sports update, Brian. Thank you very much, Dan, 16 minutes here before the top of the hour. Well, in looking at some of the corporate news this morning, Broadcom giving Rosie revenue forecast for the current quarter and also released some profit numbers that were reasonably positive. Let's get to Ian king. Bloomberg news U.S. semiconductor reporter. So the chip business with sales of more than $7 billion here. That was a jump of 21%. I guess a lot to like in this report. The one thing I would say Ian and perhaps you can shed some light on what investors are looking at here. The stock's only up 6 tenths of 1% in late trading, so it's not exactly a slam dunk. How do you see things? Right now, any news out of a chip company talking about what's going to happen if it's not bad. It's good. The concern with companies like Broadcom who've done a good job of managing their way through this is that they just haven't seen it yet because they've controlled their orders. They haven't allowed this buildup of inventory. So a lot of investors are like, okay, this isn't terrible news, but maybe that's coming down the line. And the company addressed that again today. So exactly. So can you give us a bit more on why it's different for them and when others in the space have really had a shocker? Yeah, I mean, you remember way back to the pandemic, this company and it's kind of characterful as CEO hog town was like, okay, you want to order stuff from us? You're not going to be allowed to cancel it. And that was relatively unprecedented in the industry. And he said, look, we're booked out. This is for the whole year. These are the orders. We're not going to sell to anybody who's going to put this in inventory. We're only going to supply he's being very, very strict. And sort of maintains stability, which I think people have rewarded him for. At the same time, though. And he's acknowledged in reality and what he said today was like, we're hopeful that we're going to have this kind of quote unquote soft landing scenario in the second half where growth will slow, but it won't go away totally. Yeah. So managing inventory very well done there. And you always get credit for that. But the forecast, the revenue forecast being fairly rosy is good news. And then if you sort of put that together with what Nvidia said in its earnings, and then also today, down low reportedly taking a stake in AMD, are things starting to look a little better broadly in the industry. I think you need to look at it a little bit more narrowly. I think it's too early to make that kind of a broad pronouncement. All through the companies that you just mentioned and Broadcom today were talked about this at length, a kind of part of this current sort of chat GPT kind of AI excitement, shall we say, and town was questioned at length today about what he sees that impact on his earnings and he talked about this at length and said, look, yeah, we're seeing a lot of demand for the networking gear that will support these computer systems that will help with these generative AI systems everybody's excited about this. So that was kind of a really positive sign, but on a fundamental level of contrast, you know, the mobile related to wireless related stuff that they do isn't that strong at all and that's in keeping with what's going on in that market and other big markets for semiconductors which is we haven't really seen the bottom yet. Absolutely. And this is something which, of course, we have to wait for here as well. Now, looking ahead, what do they see as any headwinds apart from the positivity, of course? Yeah, I mean, they weren't specific, but they talked sort of anecdotally like, yes, we've had some customers asking us to do what the industry calls push out, which is basically saying, yeah, we know we've ordered this, yes, we know we've got to pay for it, but could you help us out by giving it to us a bit later and billing is for it a little bit later. They said that's not material but for them to even say that indicates that this frenzy that we've seen, this kind of mass queueing to get in line for things that people can't get that that's certainly over now. Was much said about the purchase of VMware and how that integration is going. As you can imagine, people were trying to weed out some details from him to get a read on how that's going and he kind of laughing and saying nice try. I'm not going to help you there. Other than really restating his continued confidence that he believes he can convince regulators and that this will close when they said it's going to close, which is within this financial year. But at the same time, that's on the back of them having to extend the closing the target closing date
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"In the NHL as a 27 year old has agreed to an 8 year 101 $8 million contract. The average annual value of $12.6 million is a $100,000 more than the previous highest paid player Connor McDavid of the Edmonton Oilers and Dan schwarzman that your Bloomberg world sports update. Markets, headlines and breaking news, 24 hours a day. At Bloomberg dot com, the Bloomberg business app. And at Bloomberg quick tape. This is a Bloomberg business flash. Hi everybody, I'm Brian Curtis in the Bloomberg interactive broker studio in Hong Kong looking at stocks turned lower here in the Asia Pacific, the nikkei down 1%, the ASX 200 down 1.1%, the cost be faring a little bit better down about four tenths of 1%. Japan is said to be ready to intervene in currency markets at any time, the former ministry of finance currency chief tatsuo yamazaki says Japan doesn't need to wait for a green light from the U.S. to support the end. He says authorities could take action any time after doing those checks last week, all the end here, one 43 52, the Euro below parity with the dollar 99.70 U.S. cents earlier the dollar rose 0.4% against peers. Treasury yields hitting new decade highs traders racing for a hawkish commentary from the fed as well as a hawkish move in rates of 75 basis points. And reminding everyone of the global nature of all of this, the reeks bank in Sweden raised its key rate by 100 basis points. And adding a little flair to all of this, economist nouriel roubini sees a long and ugly recession in the U.S. and global economies coming. He sees a sharp correction in the S&P 500, perhaps down 40% from peaks, basically saying normally you get a 30% in a bog standard recession, and in heart landing one like this one, you'd get around 40%. And that is check the markets. 90 minutes past the hour headline news with Doug prisoner in New York, Doug. Hey, Brian, in the U.S., a federal grand jury has indicted 47 people on charges of running a fraud scheme against
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Diego Maradona's hand of God Jersey, which sold for 9.3 million earlier this year. I'm Dan schwarzman that your Bloomberg world sports op day. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business app. And at Bloomberg quick take. This is a Bloomberg business flash. Well, a move into risk assets today could be the worst idea since president Kennedy said, let's go to Dallas on Friday, Jackie. Anyway, levity has decided not a day for risk-taking. It's likely to be a volatile one, future suggesting false Tokyo and Sydney markets Hong Kong seeming to be supported by a relatively good session for Chinese ADRs. U.S. features also adding to the gloom with that loss is deepening for them. In fact, NASDAQ futures now down inaccessible 1% and those on the S&P minis 9 tenths of 1% lower. Chinese stocks already to reflect some of that global equity weakness and that this could also be made worse by some poor industrial profits data over the weekend. Of course, this downdraft all coming in the wake of fed chair Jerome Powell's fresh warning on Friday that interest rates are heading higher and will stay there for some time, some investors certainly at the moment having a few issues digesting that idea and once they did get to whatever the final hike is that
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"For a check of sport from around the world here's Dan schwarzman. Thanks, Brian. Manchester United has suffered a shock defeated home to brighten and hope out the end to open their season two to one as Pascal gross scored a brace for Brighton. The only score for the Red Devils came on an own goal in the 68th minute as man you lose his new manager Eric ten hugs Premier League debut. Elsewhere Manchester City wins their opener to nil over West Ham as Ellen Holland scores a brace for city in his Premier League debut unless your city and Brentford play do two all draw. According to this Sunday in England, Manchester City midfielder Phil Foden is on the verge of signing a 6 year contract extension that will pay the 22 year old 200,000 pounds per week including a 3 million pound signing bonus as well as annual raises of around 25,000 pounds per week. Foden is considered one of the best young footballers in the world and made his first team debut for city at the age of 17. Former New York met Bobby bonilla's famed contract that pays him close to $1.2 million annually through 2035 has sold at auction for a $180,000. As part of the auction, the winner also gets a 30 minute Zoom call with vanilla, as well as his agent that negotiated the contract, an autographed baseball as well as a game used beneath that. The NFT of the contract and will spend the day with the former third baseman in New York. Finally, Cleveland dot com reports that browns running back cream hunt has asked to be traded after not receiving a contract extension, a request that team has declined. The 27 year old is in the final year of a two year $12 million contract. I'm Dan schwarzman that your Bloomberg world sports op day. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business app and at Bloomberg quick take. This is a Bloomberg business flash. Markets are now bracing for another 75 basis .8 hike from the fed next month and you can blame it very clearly on that super strong U.S. jobs report from last Friday. We had a spike in yields across the US Treasury curve a two year now at three 23 a ten year at 2.82%. So we do remain inverted. Nonetheless, I mean, with that move up in rates, we're going to have a little bit of a challenge for equities in the apac region. We do have a stronger dollar as a result of those higher yields. The Bloomberg dollar spot index was up 6 ten to 1% in New York on Friday and we are building on those gains right now. The end quite a bit weaker, we were down in New York trading Friday by one and a half percent against the greenback right now trading one 35 15 thereabouts as we get set for trading in Asia stock
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"A quarter past the hour now. Time for check of sport from around the world here's Dan schwarzman. Thanks, Brian. Manchester United has suffered a shock defeated home to brighten and hope out the end to open their season two to one as Pascal gross scored a brace for Brighton. The only score for the Red Devils came on an own goal in the 68th minute as man you lose his new manager Eric ten hugs Premier League debut. I also Manchester City wins their opener two nil over West Ham as Ellen Holland scores the brace for city in his Premier League debut unless your city and Brentford play do two all draw. According to this Sunday in England, Manchester City midfielder Phil Foden is on the verge of signing a 6 year contract extension that will pay the 22 year old 200,000 pounds per week including a 3 million pound signing bonus as well as annual raises of around 25,000 pounds per week. Boden is considered one of the best young footballers in the world and made his first team debut for city at the age of 17. Former New York met Bobby bonilla's famed contract that pays him close to $1.2 million annually through 2035 has sold at auction for a $180,000. As part of the auction, the winner also gets a 30 minute Zoom call with vanilla, as well as his agent that negotiated the contract, an autographed baseball as well as a game used beneath that. The NFT of the contract and will spend a day with the former third baseman in New York. Finally, Cleveland dot com reports that browns running back cream hunt has asked to be traded after not receiving a contract extension, a request to team has declined. The 27 year old is in the final year of a two year $12 million contract. I'm Dan schwarzman that your Bloomberg world sports op day. Markets, headlines, and breaking news, 24 hours a day. At Bloomberg dot com, the Bloomberg business app and at Bloomberg quick take. This is a Bloomberg business line. This is going to be the
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Time for check of sport from around the world here's Dan schwarzman. Thanks, Brian. In Paris reports that PSG offered Neymar to Manchester City with city boss Pep Guardiola, turning down the chance to acquire the Brazil international, so not to ruin the locker room dynamic of his club. The deal would have reportedly also included a player exchange with Bernardo Silva leaving the Etihad for park defense. Bayern Munich has completed the move for Juventus defender Matthias de lift, who uve receiving €67 million with a potential for 10 million more depending on performance bonuses. The 22 year old has already agreed to a 5 year deal with the Bundesliga giants and will join up with his new teammates who are currently on their USB-C's and tour. Delete previously played for ix Amsterdam before moving to uve in 2019. After not playing Wimbledon, Naomi Osaka has accepted a wild card to the mubadala Silicon Valley classic in San Jose, California in August. The four time Grand Slam winner last played in the French Open, losing in the first round in straight sets to abandon. The Major League Baseball All-Star Game is tonight at Dodger Stadium in Los Angeles with Clayton Kershaw on the mound for the national league facing Tampa Bay race ace shade mcclanahan for the American League. A new rule does begin tonight that if the game is tied after 9 innings, a home run Derby will then determine the winner with each manager picking three players who will each get three swings for the NL to three RP to Lonzo Kyle schwarber and Ronald Acuna junior before the AL, the three are Julio Rodriguez, ty France and Kyle Tucker. I'm Dan Schwartzman that your Bloomberg world sports op day. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business app. And at Bloomberg quick take. This is a Bloomberg business flash. We had a broad
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Sport from around the world here's Dan schwarzman. Thanks, Brian. RMC is reporting that Neymar is looking to leave PSG this summer with a club willing to let the 30 year old leave before his contract runs out in 2026. Sources say Juventus has interest in the striker, with Chelsea and Newcastle United also looking to make a move for the Brazil international. AES reports that Neymar's representatives have already begun discussions with Juventus regarding a possible move. Sport in Spain says that Barcelona will make one more offer to Bayern Munich for Robert Lewandowski in the range of €50 million, but the belief being that the Bundesliga giants will finally let the 33 year old lead Germany for a new challenge. Lewandowski has made it clear he does not want to continue with Byron and wants to play in the Catalan capital. Sky Sports though is reporting that Byron is sticking with a firm €60 million valuation for the Poland international. The Colorado avalanche are looking to wrap up the franchise's first Stanley Cup since the 2002 1001 season as the abs are in Tampa facing the two time defending champion lightning in game 6 with Colorado leading the series three games to two. Tampa center brayden point is missing his fourth straight game due to lower body injury originally suffered on May 14th. Atlanta Braves star Ronald lacuna junior is not in the lineup tonight against the LA Dodgers after fouling a ball off his left foot on Saturday. Acuna who returned earlier this year from a torn ACL says, he can't put pressure on the ailing foot. On the season the 24 year old is hitting two 81 is 7 home runs in 18 RBIs in 43 games. I'm Dan sportsman that your Bloomberg world sports op aid. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business out and at Bloomberg quick take. This is a Bloomberg business lash. Asian equity futures are higher this morning, part of this is due to the sell off in commodities. Natural gas caught in wheat and nickel all down about 15 to 30% over the past week or two, oil has dropped from more than $120 to about one O 5 one O 6 sibel. The change in the price of some of these commodities can impact headlines CPI numbers, and this could have implications for central banks, not least of which the U.S. Federal Reserve. But has inflation peaked and where does it settle? South Korea and Australia see their inflation issues still worsening. You heard that from Australian treasurer Jim Chalmers and also South Korea's KBS news reports that Solzhenitsyn see the inflation rate at 6% or more in June, that would be the highest level in more than two decades. Treasury yields have retreated on worries about economic growth, although in this last session, they climbed a four basis points for the yield on the two year and the ten year three O 6 and three 13, but we are seeing some improvement in China's economy and that could be a positive for global growth coming up. So here are some of the numbers acting index futures up 9 tenths of a percent similar gains for China futures. S&P E minis, though, down about a quarter percent, EK futures 26, 8 8 5, and that would be about 400 points above the cash close on Friday. That is a check of markets. Headline news now with head Baxter in San Francisco. All right, thank you very much, Ryan, a group of 7 is focused on the global economy, climate change, and Ukraine. And the U.S. UK Japan Canada plan to announce a ban on new gold imports from Russia, Shanghai's declared victory in defending the city from any more damage from
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Team made the postseason three times on Dan schwarzman that your Bloomberg world sports op aid Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app And at Bloomberg quick take This is a Bloomberg business flash Well the market in Hong Kong has been up and running for about 13 minutes right now The hang sang is down 3.3% the decline here being led by consumer discretionary shares also weak energy and real estate stocks That's pretty consistent with the downdraft that we had in the U.S. during the last session as the S&P 500 dropped to a 13 month low A lot of concern that the fed and its aggressive stance in fighting inflation may throw the American economy into recession and that needless to say will have an adverse impact on many markets across the world NASDAQ composite in the U.S. session was down 4.3% Right now in Tokyo we've got the nikkei down 1.9% Its energy along with information technology leading the decline similar story in Australia where the ASX 200 is now down 2.2% We've got materials and energy stocks also showing some weakness in sold the Cosby is down 1.7% and on the Chinese mainland we have the Shanghai composite weaker by about 1.1% Reuters is reporting that Tesla is halted output at its Shanghai facility given supply issues We also see a much weaker offshore Chinese currency here at 6 76 85 speaking to the weaker growth in China as a result of these COVID lockdowns in terms of US Treasury yields we are down across the curve in the Tokyo session with a tenure now at 3.01% down more than two basis points and a two year off about a basis point now at 2.58% The dollar remains firm against the majors a little bit of a recovery now stronger yen here at one 30 20 but again the I very much on the offshore Chinese yuan 6 77 zero 5 with a loss against the dollar of about two tenths of 1% More on markets in 15 minutes Ed Baxter next with a look at global headlines Eddie All right thank you very much Douglas F Ferdinand bongbong Marcos junior poised for a landslide victory in the Philippines presidential election final results expected this week They have about.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"A quarter past the hour now time for check of sport from around the world Here's Dan schwarzman Thanks Brian Sources say that Manchester City is confident they can beat out Real Madrid for brush a Dortmund star Ellen horland as city believes it can put together a financial package to sign the 21 year old Madrid is thought to come at PSG start killing and BAPE overhauling this coming summer as Zimbabwe can be had on a free transfer The Premier League has decided to reintroduce the 5 substitutions for match rule starting next season The league had gone from allowing three to 5 substitutions due to COVID during the 2019 2020 season but became the only top league in Europe to reduce the number back down to three starting last year Liverpool and Manchester United have revealed their first preseason overseas tours since 2019 as a Red Devils will face the reds in Bangkok Thailand on July 12th Man you will also travel to Australia to play four time Aussie champions Melvin victory before playing Premier League opponent Crystal Palace in Australia as well The New York mets intend to use Robinson kino at first base as well as DHS upcoming season as a 39 year old returns from missing all of last season due to his second suspension for performance enhancing drugs The second baseman has only played first base for 14 games in his 16 year career Finally free agent linebacker Bobby Wagner has agreed to a 5 year $50 million contract that could be worth as much as 65 million with the LA rams The former Seahawks 8 time pro bowler was released by Seattle earlier this month I'm Dan Schwartzman that your Bloomberg world sports outdate Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app and at Bloomberg quick tape This is a Bloomberg business flash WTI crude is now down to about $99.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Dan schwarzman's looking at the Premier League bringing back a popular rule It never should have gotten away Brian but the Premier League deciding to reintroduce the 5 substitutions per match rule starting next season league had gone from allowing three to 5 substitutions due to COVID during the 2019 2020 year but became the only top league in Europe to reduce the number back down to three starting last year They've righted that wrong obviously Sources say that Manchester City is confident they can beat Real Madrid for brush a Dortmund star airland horland as city believes it can put together a financial package to sign the 21 year old striker Madrid is thought to covet Paris Saint-Germain star killing the bappe over horland This coming summer as Zimbabwe can be had on a free transfer Liverpool and Manchester United revealing their first preseason overseas tour since 2019 the Red Devils will face the reds in Bangkok Thailand on July 12th man you will also travel at Australia to play four time Aussie champions Melbourne victory before playing Premier League opponent Crystal Palace in Australia as well Free agent linebacker Bobby Wagner green to a 5 year $50 million contract that could be worth as much as 65 million with the Los Angeles Rams The former Seattle seahawk 8 time Pro Bowl was released earlier this month Wagner is the Seahawks all time leading tackler with close to 1400 total LeBron James hosted hopes to return from his sprained ankle in time for Friday's game against the New Orleans pelicans LeBron has missed two straight games battling the injury Meanwhile Anthony Davis is expected to be a game time decision on Friday as a big man has been out since February 16th with a midfoot sprain I'm Dan schwarzman that your Bloomberg world sports update Rashad Thank you very much indeed for that time that we of course looking at markets in the U.S. we had at the end of the quarter and certainly it was one where we saw a loss making first quarter for equities treasury titanium treasury futures and the members of software We've got WTI contracts a little bit stronger but certainly we've seen a fullback given President Biden's plan to be upward of putting in about a million barrels a day onto the market for the next 6 months of thereabouts We are.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"The hour now time for a check of sport from around the world Here's Dan schwarzman Thanks Brian Barcelona with a dominating performance in a four zero win over Real Madrid in el classico at the Santiago Bernabeu to move back into third place in the La Liga table Barce gets a brace from Pierre Emerick Obama young with Arroyo and Torres scoring the other goals In the FA Cup Manchester City advances to the semifinals with a four to one win over Southampton as city scores three times in a second half Elsewhere Liverpool gets past Nottingham Forest one zero to set up a semifinal match against Manchester City on Crystal Palace moves on to the semis with a four zero thrashing of Everton In the Premier League time them gets a brace from some young men to knock off West Ham three to one unless their city sneaks past Brentford two to one In the Bundesliga Russia Dortmund plays cologne to a one ultra while RB lights he can talk Frankfurt and in a scoreless draw Taking a look at Syria Juventus shuts out salernitana to nil Roma knocks off Lazio three zero behind the Tammy Abraham brace while Lanza gets past Bologna one zero Finally Liga one Paris Saint-Germain gets beat three AS Monaco as Leigh Anna Messi sits out with the flu The Boston Red Sox and free agent shortstop Trevor story have agreed to a 6 year $140 million contract with an opt out after the fourth year Last season with the Colorado Rockies the 29 year old hit two 51 with 24 home runs in 75 RBIs in a 142 games I'm Dan schwarzman that your Bloomberg world sports op Dave Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app and at Bloomberg quick tape This is a Bloomberg business flash And I'm Paul Allen in Sydney where we're seeing the market better by a third of 1% sing a little bit of weakness in Saul however just off by a tenth of 1% We'll have Hong Kong and Shanghai opening at the bottom of the hour on the subject of China as I just mentioned the loan prime rate behaving as we all thought of would policy makers keeping the one year rate on hold 3.7% to 5 year rate also on hold at 4.6% We got the offshore yuan right now trading at 6 37 O 5 We do have Japan closed today It is a public holiday We had a little bit of data out of North Korea I think it was South Korea a little earlier first 20 days of March exports 10.1% slowing from what we saw in February and impulse rising as well combined effect of which sees the trade deficit widen to $2.1 billion I mentioned Japan's close so we got no trading in U.S. treasuries at the moment Two year last trade of one 93 for ten year last trading at two 15 When we do get going in Hong Kong we will not see China evergrande trading The property developers suspending trading again we don't have a reason given for that Although previously signaled back in January that China evergrande would release a restructuring proposal at some point so it's possible that that's what the suspension is all about but officially we do not have any reason for that suspension evergrande flat year to date but over the course of the past 12 months off 89% ouch Have a look at commodities oil rising again one O 7 83 We had to aluminium in the week on an up note as well although we are expecting to see a bit of weakness for Russell when it begins trading it in Hong Kong Australia piling on with an aluminium ban Russia gets 20% of its aluminum supplies from Australia so that is likely to disrupt us ability to produce Quick look at gold we've got that rising again in 1923 an ounce although they were off some of the highs that we saw a couple of weeks ago And that is your market update Let's get a check of global news now It baxters in San Francisco It all right Paul thank you China says it's not sent any weapons to Russia.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"A quarter past the hour now time for check of sport from around the world here's Dan schwarzman Thanks Brian Barcelona with a dominating performance in a four zero win over Real Madrid in el clasico at the Santiago Bernabeu to move back into third place in the La Liga table Barcelona gets a brace from Pierre Emerick Obama young with Arroyo and Torres scoring the other goals In the FA Cup Manchester City advances to the semifinals with a four to one win over Southampton as city scores three times in the second half Elsa and Liverpool gets past Nottingham Forest one nil to set up a semifinal match against Manchester City on Crystal Palace moves on to the semis for the four zero thrashing of Everton In the Premier League time them gets a brace from some young men to knock off West Ham three to one unless the city sneaks past Brentford two to one in the Bundesliga Russia Dortmund plays cologne to one ultra while RB lights he can top Frankfurt and in a scoreless draw Taking a look at Syria event is shuts out salernitana to nil Roma Knox off Lazio three zero behind the Tammy Abraham braze while Atlanta gets passed Bologna one zero Finally Lee get one Paris Saint-Germain gets feed three AS Monaco as lean on Messi sits out with the flu The Boston Red Sox and free agent shortstop Trevor story have agreed to a 6 year $140 million contract with an opt out after the fourth year Last season with the Colorado Rockies the 29 year old hit two 51 with 24 home runs in 75 RBIs in a 142 games I'm Dan Schwartzman that your Bloomberg world sports op Abe Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app and at Bloomberg quick tape This is a Bloomberg business flash And I'm Juliette Sully.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"For check of sports from around the world Here's Dan schwarzman Thanks Brian The Sunday telegraph reports that Manchester City is confident that they will be the frontrunners to sign brush a Dortmund star airland horland this summer as Real Madrid will not have the resources to bring in both Portland and killing Ababa as rumored The 21 year old has a 75 million year old lease clause of the Holland has yet to make a decision whether to leave the Bundesliga club this summer Barcelona with a dominating performance in a four zero win of Real Madrid email classico at the Santiago Bernabeu moved back into third place in the laliga table Barce gets a brace from Pierre-Emerick Aubameyang with Arroyo and tourists scoring the other goals In the FA Cup Manchester City advances to the semifinals with a four to one win over Southampton as city scores three times in the second half Elsewhere in Liverpool gets past Nottingham Forest one zero to set up a semifinal match against Manchester City on Crystal Palace moves on to the semis with a four zero thrashing of Everton in the Premier League Tottenham gets a brace from some young men to knock off West Ham three to one while that's just city sneaks past Brent for two to one In the Bundesliga Russia Dortmund plays cologne to one old draw RB lights again I talked to Frankfurt and in a scoreless draw Taking a look at Syria Juventus shutting out salernitana to nil Roma knocks off Lazio three mil behind the Tammy Abraham brace Atlanta gets past Bologna one now Finally Ali get one PSG gets beat three nil at AS Monaco with lean on Messi sitting out with the flu and the schwarzman that your Bloomberg world sports update Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app and at Bloomberg quick tape This is a Bloomberg business live All right well that's going to be the dawn of the next another trading week right here across the Asia We've got stocks.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Around the world Here's Dan schwarzman Thanks Brian Barcelona with a dominating performance in a four zero win over Real Madrid in el classico at the Santiago Bernabeu to move back into third place in the La Liga table Barclay gets a brace from Pierre Emerick Obama young with Arroyo and Torres scoring the other goals In the FA Cup Manchester City advances to the semifinals of the four to one win over Southampton as city scores three times in a second half Elsa and Liverpool gets past Nottingham Forest one zero to set up a semifinal match against Manchester City on Crystal Palace moves on to the semis with a four zero thrashing of Everton In the Premier League time them gets a brace from some young men to knock off West Ham three to one unless the city sneaks past Brentford two to one in the Bundesliga Russia Dortmund plays cologne to a one all draw while RB lights again top Frankfurt and in a scoreless draw Taking a look at Syria Juventus shuts out salernitana to nil Roman knocks off Lazio three zero behind the Tammy Abraham braze both Lanza gets passed Bologna one nil Finally Liga one Paris Saint-Germain gets feed three AS Monaco as Leigh Anna Messi sits out with the flu The Boston Red Sox and free agent shortstop Trevor story have agreed to a 6 year $140 million contract with an opt out after the fourth year Last season with the Colorado Rockies the 29 year old hit two 51 with 24 home runs in 75 RBIs in a 142 games I'm Dan schwarzman that your Bloomberg world sports out there Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app and at Bloomberg quick tape This is a Bloomberg business flash At the path of least resistance for Asian equities may well be to the upside after we saw advances on markets on Wall Street Friday In fact we've got the NASDAQ and golden dragon China index rallying some 7 and a half percent also looking at Chinese banks closely as they are expected to hold their one in 5 year loan prime rates unchanged just taking a look at futures contracts and at the moment bit bifurcated NASDAQ features this moving slightly to the downside S&P ones to the upside So mixed pictured.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Past the hour now Time for check of sport from around the world here's Dan schwarzman Thanks Brian Sources say that New York Jets owner woody Johnson is readying a bit to buy Chelsea F.C. as already reached out to the group organizing the bidding process Johnson is a former ambassador to the United Kingdom Chelsea is being sold by Russian oligarch Roman Abramovich who's reported to be seeking 3 billion pounds for the club Paris Saint-Germain start killing and BAPE is doubtful for Wednesday's Champions League round of 16 second light clash versus Real Madrid after suffering a foot injury in practice an MRI did not reveal a fracture as Zimbabwe has begun treatment to try to be fit for the match in Madrid with PSG holding a one goal advantage Atlanta Falcons wide receiver Calvin Ridley has been suspended at least the entire 2022 season for betting on NFL games and its investigation the league says no games are compromised and no inside information was used Ridley place bets during a 5 day stretch in November while on the non football illness list The NFL says no other players or coaches were aware of Ridley's gambling ESPN reports that the Green Bay Packers have made a significant contract offered Aaron Rodgers that would change the quarterback market moving forward The 38 year old says he wants to make a decision whether he stays in Green Bay the place somewhere else by the deadline to franchise tag players which is Tuesday Finally the New England Patriots informing veteran linebacker Kyle van noy that he will be released which will save over $4 million in cap space The 30 year old was on his second stand with the Patriots I'm Dan sportsman that your Bloomberg world sports out day Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app and at Bloomberg quick tape This is a Bloomberg business launch Markets have been focused on elevated price action in the commodity space and the subsequent worry over much higher inflation along with weaker economic growth as well and it's not just the oil story natural gas in Europe along with palladium and copper at all time highs in the price of wheat earlier in the day traded at a record high in Chicago obviously this has got to create a lot of concern especially when you're looking at margin pressure for big companies and perhaps a contraction in discretionary spending Right now the city economic surprise index for the U.S. indicates that if you look at the probability that we are able to derive from those numbers and I am saying we here as Bloomberg the probability of a global recession over the next year is only about 15% but still there's this narrative the inflationary angst and a subsequent worry about perhaps inflation or recessionary pressure We're seeing a pullback here in the price of crude oil right now with WTI down about 9 tenths of 1% kind of a curious move we traded above one 21 earlier one 1850 one of the issues of the moment as a potential ban from the U.S. on imported Russian oil and energy products not so much because the U.S. uses so much Russian oil only about 3% of total U.S. imports are reliant on Russia but it's the fact that the U.S. may be asking the European Union to join in on banning Russian energy products And if you're a Germany that's a tall order If you look at what's happening in the bond market right now yields are rising at tenure at one 80 a two year at one 56 and in the equity space we've got the nikkei weaker by just a tenth of 1% Hanks hang actually rallying right now by something greater than 1% healthcare shares leading this advance on the Chinese mainland trunk high composite higher by a tenth of 1% weakness though in Seoul where the Cosby is down for tens of 1% and in Sydney the ASX 200 off two tenths of 1% Take another look at markets in 15 minutes At Baxter has global news from the Bloomberg newsroom in San Francisco Eddie All right thank you very much Doug Third round of talks between Russia and Ukraine have failed to make any progress Ukraine says ultimatum Russia says nothing had wanted to hear Ukraine again.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"In comes Dan schwarzman looking at Tottenham is looking to keep the biggest star there Dan what do you say Yeah Brian they are They're expected to open contract talks with Harry Kane at the end of the season as his first try to fend off interest for the striker Kane did try to leave North London last off season but Tottenham would not budge off their demand for a 150 million pound transfer fee and you know he didn't burn any bridges with the way he handled it and never even gave a formal notice he thought he was a handshake type of agreement The 28 year old is also said to be impressed with new manager Antonio Conte which is good news for the spurs It's Adam currently sitting in 8th place in the Premier League table 7 points behind Manchester United for fourth place but they do have three games in hand Chelsea wins its Champions League round of 16 first leg match at Stanford bridge over the Leo two nil as a blues get goals from Kai Havertz and Christian Pulisic in the other round of 16 class event to saint Villarreal Plato one ultra in Spain as dusan valovic scores for you They just 32 seconds into the match which is a record for a Champions League debutante Danny pareo though scores equalizer for Villarreal in the 66 minute UEFA is exploring the possibility of moving the May 28th Champions League Final from St. Petersburg Russia due to the possibility of war and hostilities obviously between Russian Ukraine the city was originally supposed to host a 2021 final but due to COVID a was moved to Porto Portugal British prime minister Boris Johnson has already called for Russia to lose the right to host the game but Britain's saying they're going to reach out to soccer's governing bodies United States women's soccer team players settling their equal pay class action lawsuit against the U.S. soccer federation for $24 million The settlement is only going to be valid if a new CBA is reached between the two sides That is a collective bargaining agreement in the settlement the players will get a lump sum of $22 million with the additional two going into a fund for charitable efforts Just one local team in action in the NHL puck drops about an hour and a half in Seattle the islanders on the road at the kraken Major League Baseball the Players Association meeting again.
Bloomberg Radio New York
"schwarzman" Discussed on Bloomberg Radio New York
"Dan Schwarzman is looking at the finals. One of them being set at Wimbledon and Dan yet is Brian. The top seeded Ashleigh Barty advances and trade sets over 25th seed Angelique Kerber. 6376 party will face eighth seeded Karolina Pliskova, who comes back after losing the first set. 752 down second seat arena. Sabah Lankan three sets Final will be taking place this Saturday. Sources reporting that have any say in German is exploring a move from an Chester United midfielder Paul Pogba as a 28 year old enters the final year of his contract. Reports say that PSG sporting director Leonardo and Pogba's agent, Mino Raiola did discuss the France international. During a meeting in Monaco last month. French shines left offload some midfielder self A move for Pogba's to be made Jack Sr is atop the leaderboard, the Scottish Open to the first round of seven under par, but Justin Thomas and Lee Westwood sitting just one truck behind of the Notables include US Open winner John Rama. Five under Sanders shuffling Padraig Harrington of four under, but Rory McIlroy and Colin Morikawa sitting at one under Game two tonight, the NBA Finals in Milwaukee Bucks at the Phoenix Suns down one game to none. Phoenix one Game one at home, 1 18 to 1 Oh, five behind 32 points and nine assists from Chris Paul. Major League Baseball, local teams in action Right now it is over. Yankees are shut out in Seattle four to nothing. Oakland gets past Houston to one. You heard it on Am 9 16 the day Area. Two. Local teams first phone. No Toronto Baltimore, New York Mets hosting. Pittsburgh late game tonight. In a few hours, it's the Washington Nationals on the road at the San Diego Padres. I'm Dan Sportsman matter. Bloomberg Old Sports update. Paul. All right, thanks very.
Bloomberg Daybreak: Asia
Osaka's 23-match win streak ends against Sakkari in Miami
"Let's get to Dan Schwarzman. So Dan Nomi Osaka's streak has ended. Yeah. Bryant 23 match winning streak over the world's number two ranked players suffering a straight set lost to Maria Sakari in the quarterfinals. The Miami Open, including a six love opener, lost Rose. I got her first since February of 2020 and ends her hopes of reclaiming the top ranking this week
Squawk Pod
September Jobs Report
"It's the first Friday the of the month jobs Friday. When the Labor Department releases the number of American jobs lost or created the month before as well as the latest unemployment number jobs. Friday is always weighs on Friday and it's always at eight thirty. AM So on Squawk box. It's pretty much always free. There are a lot of voices in this conversation including our economics reporter. Steve Liebmann plus all of noisy traders behind our reporter. Rick Santelli who joins the team from the Chicago Mercantile Exchange Andrew will walk you through the rest of our panel joining us now Halston Goolsbee in the Windy City University of Chicago Booth School of business professor and former council of Economic Advisers who's chairman. It's great to see you my friend. Kate Moore's here strategist at blackrock. Dave macintoshes joining US President of the club for Growth and a former US congressman. It's great to have everybody here. Let's get to Diana like she has. The numbers one hundred thirty six thousand nonfarm payrolls increased by one hundred thirty six thousand in September. The unemployment rate fell to three point five percent down from three point seven percent. That is the lowest level since nineteen sixty nine Diana thank you we're going to talk about all of this with some reaction from our jobs panel right now kate. Let's start with you. We never put anybody on the spot with saying exactly what that number was going to be but you were looking for a strong number and this is this really solid number the number. I was going to give one fifty nine with some downside. I feel like one thirty. Six is a healthy number especially because you saw the good healthcare number we expect expected little weakness in manufacturing retail. I think that's kind of par for the course of where we are in the cycle so I feel really good about this especially in light of what we had earlier this week in terms of 'em so so I think equities will do well to balance of the day. Hey Steve. You've had a minute to dig through some of that. What jumps out to you is the most important parts in this report are just trying to see the last night we had to be and a half percent unemployment rate and it looks like you gotta go back to nineteen sixty nine for one look. Here's the problem and we sorta flagged this problem back. in August as at August is very typically typically revised higher so the slowdown we thought we had in August at one hundred and thirty which we thought was hey. We're coming down to the place where we think we ought to be. That was your vice one sixty eight yeah and I think those are good. I think that tells us that. We're doing a little bit better than we thought we were doing. Retail has lots of problems down eleven thousand and then down on six thousand. We have to watch that sector. There's a huge transformation as you know happening over there. Look there's two scenarios that we're watching for here. Scenario number one is is a sort of expected slowdown as the crazy two hundred plus job gains of last year. Come back down to normal if we can settle in call it a one on twenty five to one fifty range that would be good and we're worried about the weakness going down below one hundred thousand. I think the idea that that we're now in zone own where it looks okay. It's pretty comfortable. It's not great but it's not terribly week. I called a win. Hey Rick Walk us through the market reaction to me. The biggest news without a doubt is that the markets looked at it as good news stocks and treasury yields but it's really a bad report in not for the jobsite wages this this is terrible unchanged month over month under three percent two point nine on a year over. Excuse me month over month year over year basis this these are good numbers. It's all about the money I stand. What do you think of this report. You know this kind of a mealy peach of a report. We're we're a little under what what what the forecast was okay like. Steve said it's it's okay but it's not it's definitely not Great Austin though you're looking at the wage issue decelerating eating not accelerating. How important is that to you. I think it's pretty important now that wages are steady after we've had several months where where they were growing. Hopefully this is a blip but I mean I'm telling you the thing driving this whole thing is that the GDP growth rate is slowing down and and a lot of the forecasters are now saying that they expect a one handle for the rest of the year if we get GDP growth falling down into the ones. I think the jobs odds numbers are GonNa fall apart and the ways numbers are going to fall apart dave when he think growth expectations for the rest of the year what are yours continued to be strong in the two to two and a half percent a from a political standpoint. This is very good news. The fact that the unemployment rate is an historic low. That's what most people around the country look at and the job. The creation rate is averaging now at one sixty three hundred sixty thousand a month when you compare that to pre trump the the Obama era at one oh nine that's very good news that he can take to the public and say we're. GonNa continue to grow the economy create jobs and the wage. It's a slight downward trend trend in the direction but it's still a positive increase rather than decrease in average wages