3 Burst results for "Senior Internet Analyst"

"senior internet analyst" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:56 min | 1 year ago

"senior internet analyst" Discussed on Bloomberg Radio New York

"Com. Shan search after the commas giant delivered more than expected on two Q earnings will discuss what the numbers say about China's domestic consumption. Give it here with us. This is the markets in focus Every business day. Bloomberg markets podcast with Paul Sweeney and Bonnie quit bothersome sectors that you want to have more less exposure to sell off. Feeling below will once again analysis of the day's Wall Street action. What's the thought on Apple here from Bloomberg Intelligence, Bloomberg opinion and influential newsmaker. Very, very disturbing, Dynamic network Bloomberg markets with Paul Sweeney and money, Quinn. Subscribed today, and Bloomberg radio dot com Bloomberg Business or covert, 19 Can the world reopened for business gives a sense of how you're wrapping up? Take care of folks on the ground? What's the long term intact? Why will we not see a shape recovery? When will there be a cure or a vaccine? How can you model that at a time when it's unclear whether we're gonna see a resurgence in viruses? The answers will emerge. Can you give us a sense of timing and you'll find them here? Bloomberg Radio. Bloomberg business happened. Bloomberg radio dot com. Bloomberg, the world is listening over 19 on days when it seems there are nothing but questions. What about the pandemic? Emergency purchase program? The Europe What's the medical side of this? We try to ask good ones. How long until we have an answer on what drugs can help us fight this pandemic? How do you think this has the potential to rattle markets? Does that mean we should shut down Bloomberg Radio? The Bloomberg business happened. Bloomberg. Dot com, rather controversial question being US Bloomberg the world is listening. Results in China second biggest online retailer have provided more clues on the strength of the consumer and, of course, the Chinese economy, which is emerging from his virus induced slum, JD dot com reported second quarter revenue that exceeded estimates. As the easing of lockdowns led to a rise in consumer spending on the side. Let's get more now from Bloomberg Intelligence is senior Internet analyst Basin Link. And, of course you got that cove it impact, but what you think we're the main drivers. Behind JD Strong second quarter earnings this time. Yeah, I think that things were very strong writers and acceleration across the border in stills and the operating profit line. Clearly, the Corbett, 19 had an impact as part of the Consumption demand in the first quarter there was disrupted by the lock down was shifted into the second quarter. Eso release all that pent up demand help second quarter numbers. We also had a lot of promotions in the second quarter in particular T 61 Anybody seals and merchant participation this year was probably hire again because off that Corbett disruption, but I think more importantly, what we are seeing is a very strong customer growth for JD dot com, especially from lower tier cities. The customers go by 30% year over year and the Daily active users off their mobile went up by 40% so that penetration is driving a lot of their growth. Starvation. What does it mean for China's economic sector? Getting clearly we can see that the Corbett 19 pandemic is accelerating the adoption off commas services in China. There is a structural shipped from off flying to online consumption. If you look at the numbers, the overall retail sales in China is still contracting, but the online portion ofthe hills is actually growing over 20% over the last year, this time, about 20% of total retail sales. Me through online channels. But now it's way above 25% of consumers are becoming more reliant on the online channel that much is adopting online channels that distribute their product. And we're seeing a lot of new demand for categories like consumer goods, fresh produce the household products and health care for that switch. Traditionally used to be off line. Senior Internet analysts were blooming Intelligence basin laying there Now, Anu Hung sing inclusion. Wussy Biologics reported first time net income of about $106 million which shares up around 7% since Friday. We spoke with Lucy Biologic CEO Christianity, an emblem it exclusive, he told us about the company's emanate plans. And goals to bring the production of covert 19 antibody treatment closer to global clients. We are a global company,.

Bloomberg Bloomberg Business Bloomberg Intelligence US Bloomberg China Paul Sweeney Corbett Lucy Biologic CEO Christianity Apple senior Internet analyst Bonnie Quinn
"senior internet analyst" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 1 year ago

"senior internet analyst" Discussed on Bloomberg Radio New York

"Delivery without devastating its bottom line shares surging now by eleven point six percent after ours to tend to world is a Bloomberg intelligence senior internet analyst and you'll be on the conference call or listen to conference call he says he'll be looking for any updates on Amazon web services I think if if there are concerns raised about a W. S. more more concerns raised about how spending was sort of progress through the rest of the beyond beyond one to any sort of color they don't give guidance by any any color about yeah we're comin to about how profitability may evolve during this transition to one day shipping in this transition to be more resilient to to competition I think those things will will will get more attention on the call and again he was our guest on Bloomberg business week the shares of Amazon up now by eleven point nine percent also after the bell visa said the incentives that hands out the banks and retailers will climb faster than revenue and are on track to be at the high end of its target arrange for twenty twenty at new sending shares a visa down two point three percent Amazon sales fell in the fourth quarter on store engine sales fell in the fourth quarter of some of its top drugs face competition from lower priced rivals Amgen shares down two point eight percent and to be clear Amazon searching after ours up by eleven point six percent an update for the down the S. and P. and nasdaq S. and P. up ten reversing losses up three tenths dollars one twenty four up four tenths nasdaq up three tenths tenure the yield there one point five nine percent gold down two tenths of one percent I'm Charlie college that's Wilbert business slash Charlie thank you so much breaking news right now on the Bloomberg this is a big one IBM naming a new CEO Ginni Rometty stepping down as chairman president CEO she will continue as the executive chairman but Arvind Krishna name to the C. E. O. there also splitting the CEO and president jobs Carole James Whitehurst I believe the former CFO of delta he's.

chairman president CEO Arvind Krishna CEO Amgen CFO Carole James Whitehurst president executive chairman senior internet analyst Ginni Rometty IBM Bloomberg Charlie bell visa Amazon
"senior internet analyst" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

11:17 min | 2 years ago

"senior internet analyst" Discussed on Bloomberg Radio New York

"France, seven to one. I'm Evan Haning. Bloomberg intelligence steel impulse weenie on Berg radio. Thanks for joining us for debut addition of Bloomberg intelligence. So please join us time take a look at a key events in the coming week. And we begin in Asia where few big technology companies are set to report earnings. Let's get the inside story on what to expect from Alibaba by do ten cent with Bloomberg intelligence senior internet analyst face link in Hong Kong vase urn. Thanks so much for joining us Alibaba. Let's take a look at that name. That's thirty percent this year. What will you be looking for? When the company reports Alibaba is interesting because in the fourth quarter generated sales of around forty one percent sales growth, and they left guidance for the fiscal year unchanged which implies that into coming quota, which is the last of the fiscal year. They need to deliver for eight percent. Which is an acceleration in a sales growth rates in order to meet the bottom end of the titans. So given that the guidance remains on change. I think we're gonna see an acceleration of growth. It's it's quite likely that that can happen. The consumption sentiment in China has. Picked up in March, especially retail sales growth was eight point seven percent and in February and January eight point two so it's improving and that should support the growth of Alibaba Baba's making a lot of investments on lots of different businesses. What are the ones that you really focused on? They have been quite disciplined investment strategy. So it's been focused primarily in a calmness, including off-line Columbus. The investments in southeast Asia. I think pretty exciting in lozad identical pedia imaging growth market for e-commerce. And it will help them expand addressable market beyond China offline retail, acquisitions and investments pretty exciting. Well, they they are going to have to spend quite a bit of money to fight against matron. Which is China's the ding foot delivery company, but the the spoils of war. Great, right. If they expend addressable market to offline as well, then it will basically future growth, let's switch into by the search engine giant in China house at business going foot by those coming result, which will be next Friday. It's going to be interesting consensus has them generated operating loss. And if that happens it's going to be a full quarterly operating loss since they appeal back in two thousand and five and the reason really is a slowdown in such revenue growth combined with escalating costs and investments to promote at. So it'll be interesting to see that happen. So the core. Search business in China is getting more competitive for Baido. So how are they reacting? Well, they still all the dominant such provider. It's you can almost call it a monopoly. But the problem is. Emerging non such inflammation discovery. Channels for example, newsfeed applications from the likes of told hell short video advocation like the wing even news apps from guys like ten cent cannibalizing on the such at a revenue share of the market. I think that's reflected in the stock price kind of flat year today. Here's a ten cent. We're talking about this big social network gaming play. What's the what's the real driver of ten ten story right now what he focused on? Well, ten is still generating fifty percent of sales from games and games, as you know, has been severely impacted in pasta because the regulators have not been approving new games monetize Asian, and that's really behind us. Now approvals have begun in December last year and the new game that ten has put out a has been has been doing well in much they put out a game called perfect world at end at one month twelve. Will generate s much sales as Totten game on off. King switches the world's top grossing game. So I think we should see a sequential rebounding mobile game revenues in the first quarter, which the market will like and just briefly talk about the advertising growth story at tencent immense growth potential in that business. The arguably the largest social network in China, they have one point one billion us yet. On an absolute basis as well as the percentage of total sales. They make less at revenues by do all baba. So I think there is a promising girlfriend way fall for advertising fall ten base link. Thank you so much of a certain laying is senior internet analyst, Bloomberg intelligence joining us from Hong Kong. Thank you. Thank you. In the coming week and Bloomberg intelligence equity strategist, Gina Martin Adams and Blumberg chief economist Carl Riccadonna Gina I want to start with you because it was a rough time markets had a rough go this week. What are going to be the key events? You're looking at. Yes. So in the week ahead. I think it will be a little bit more of the same obviously will still be digesting the news of trade, depending on how much we price in. We could have either a really rough start or a reasonable starts the week. It's relatively unpredictable. What I think is most important to watch are the consumer companies next week, and the reason for that is we spent the bulk of last week really pricing in pretty tremendous downdraft in our expectations for revenue growth related to China. So we're saying, hey, look, we're not gonna have great trade relations China's going to receive the downdraft of that. And the result will be poor revenue growth for the companies that get revenue growth China. What we haven't done. One is really damaged the companies where input costs me and Chris. And that's going to be the big question for us in the coming week as how much are the retailers of the world going to see in Picasso's increase how rapidly have they re sourced product over the last six months out of China. So they can avoid these potential tariffs. And then beyond that how much are other companies like the semiconductors of the world like the dears of the world relocating some of their manufacturing facilities some of their production facilities out of China as well. And we get earnings from a lot of companies across industries, but many of them are related to the consumer group. So those are the stocks that I'm watching closely on the economic counter what we look for next week. The big theme is going to be activity metrics that give us a clear read of the trajectory of second quarter growth. So fancy words there Carl activity metrics, I mean things like retail sales which are proxy for consumer spending as well as manufacturing gauges like industrial production and. The regional production surveys out of the New York and Philly fed districts. So this gives us a very early glimpse of what we should be thinking about for the current quarter. The overarching theme I believe is going to be this inventory overhang as well as heightened trade tensions, which led to a lot of stockpiling and the end of last year and the first quarter of this year. Now as people are trying to work through those excesses. That means we've seen the production slowdown the factory. Hiring data hasn't been great. But we are starting to see evidence that consumers are rebounding from the the sentiment shock they witnessed after the fourth quarter market route. So things are coming back. But the second quarter is not going to be a good proxy for what to expect in the latter. Half of the year. We do think economic fundamentals are relatively solid and so growth in the back half should far exceed what we have seen in the first half. So Cina what we've certainly seen recently equity market action. Is that? Mark is still focused on trade is important and the ebbs and flows of various tweets and various rumors have really moving the market to what extent do you think the market has priced in trade uncertainty, or the maybe we won't get an agreement. We went along to price thing in at least, some uncertainty. I would say that this is an ongoing issue though. I don't think that we're going to have any firm resolution to trade relations. And I say that because the complexity of this argument is so intense, right? Even if we were to get resolution on certain products groups or or a firm stance on certain levels of tariffs. They're probably going to be these outstanding issues regarding intellectual property regarding technology transfer and the like that are just not going to get resolved with a weekend meeting and argue that the market just wanted a headline agreement, and we might not even get that. Yeah. Exactly. I, you know, I think that it's just going to add and flow. I think that this trade story is going to be a part of our market lives for some time to come. And it's this week has been a perfect example. We all thought that trade was kind of over we thought that this was a part of our past and it came back to haunt us. So even if we do get the headlines that we wanna see temporarily, I think we want to be caring be careful now not to let this let that distract us from the underlying reality of this is an issue. We're going to have to contend with for some time and is to bring it back to US echo too. I feel like this is where your two worlds are going to collide for me is you retail sales shore. But at the retail earnings Carl how are you going to look at the read through on wages on hiring like how much pricing power these guys have what's going to tell you. Right. So the interesting story here is that in twenty eighteen households. Really didn't register any impact from the tariffs. And the terrorists were designed by the Trump administration to reach. Really not show up on radar screens. When we look at things like consumer sentiment towards long run inflation expectations. It's been drifting lower. If we look at what the consumer price index did in two thousand eighteen was range-bound in arranged at head prevailed over the prior five years, so households didn't feel the impact of the tariffs in the last round in a big part of that was because the Chinese currency adjusted. An offset much of that. However, the Trump administration has drawn a line in the sand and said they don't want the you want dollar exchange rate to break above seven to one which means that the shock absorbing from the last round are not necessarily going to save us in the current environment. Which means there will be more meaningful impact on inflation you highlighted as well as both domestic and external margins. So just twenty seconds Carl no reason in the next several weeks to see some data points that might alter. The feds dovish stance. Can't. Is. Planted on this patient staff. So it's going to take a couple rounds of data to really push them out of their sight. Don't see a single data point or a few data points here. They're doing it's gonna take a sustained pickup in labor inflation and consumer inflation, more broadly. Thanks to Bloomberg intelligence chief equity strategist Gina Martin Adams. And Bloomberg TV us economist Carl Riccadonna that's this week's edition of Bloomberg intelligence on Bloomberg radio, providing in depth research data on two thousand companies in one hundred and thirty industries and remember you can access Limerick intelligence via be I go on the terminal, I'm Alex Steele, Paul Sweeney. It's fifty seven minutes.

China Bloomberg Alibaba Hong Kong Gina Martin Adams senior internet analyst Carl Asia southeast Asia titans Evan Haning Bloomberg TV Alibaba Baba France