0
0.0
Apr 22, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail 34%. microsoft decent relative to the single digits for many quarters for a lot of big tech companies at 16.1%. take a look at tesla. the stock is down more than 40% on the year. earnings are expected to decline by 29%. we have news coming out the company has decided to disband a newly created marketing unit for the purposes of ads. now that unit is no longer around. tesla deeply and cost-cutting mode. we will be waiting for more on that on tomorrow's earnings call. katie: abigail doolittle, thank you so much. regulation for stablecoin is getting a fresh push in congress. it may not be enough to address national security concerns. tim massad joins us next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. abigail: this is bloomberg markets. i am abigail doolittle. your looking at a live shot of t
abigail 34%. microsoft decent relative to the single digits for many quarters for a lot of big tech companies at 16.1%. take a look at tesla. the stock is down more than 40% on the year. earnings are expected to decline by 29%. we have news coming out the company has decided to disband a newly created marketing unit for the purposes of ads. now that unit is no longer around. tesla deeply and cost-cutting mode. we will be waiting for more on that on tomorrow's earnings call. katie: abigail...
0
0.0
Apr 17, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: office and retail is problematic. another portion of your business which is important in new york city is the affordable housing and transitional housing. i know that is becoming a larger part of your business. it is a real collaboration between private and public. martin: there is an endless amount of demand for affordable housing. when i say affordable i mean deep affordable, not workhorse -- workforce housing. we need the budget for new york to be able to facilitate the development for larger multifamily housing that helps support the affordable space. transitional falls within the same range. there is a need for transitional housing in new york and across the usa. it is really important to be able to work together with government agencies and the private sector to solve that problem. abigail: very quickly, your business is also in texas, florida and north carolina. is not just a result of the pandemic or were you already there and you planned to expand? martin: we have been focusing on those markets for the last t
abigail: office and retail is problematic. another portion of your business which is important in new york city is the affordable housing and transitional housing. i know that is becoming a larger part of your business. it is a real collaboration between private and public. martin: there is an endless amount of demand for affordable housing. when i say affordable i mean deep affordable, not workhorse -- workforce housing. we need the budget for new york to be able to facilitate the development...
0
0.0
Apr 30, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we will do that with abigail doolittle. abigail: let's check in on the bloomberg agricultural index over the last month and a half or so and you can see there is a solid gain, up 5.4%. if we take a look on the year, a different picture, so those are some of the challenges on the year, some of the spot price is being down. if we turn to some of the stocks associated with agriculture we will see one on the year is up nearly 15%. scott's on the other hand -- scotts on the other hand is up, the lawn company. i don't know exactly that is the agricultural company we are talking about entirely today. but cnh and fmc down. a little bit of a mixed picture here, but where we have a very clear picture, coco on the year of course, a record rally. you have interviewed people around it. we have seen a big decline. the last few days, the worst decline on record going back to 1960. the last two days, down 27%. some liquidity causing the traders to exit and cocoa on this is tumbling. katie: thanks to abigail doolittle. joining us now is the
we will do that with abigail doolittle. abigail: let's check in on the bloomberg agricultural index over the last month and a half or so and you can see there is a solid gain, up 5.4%. if we take a look on the year, a different picture, so those are some of the challenges on the year, some of the spot price is being down. if we turn to some of the stocks associated with agriculture we will see one on the year is up nearly 15%. scott's on the other hand -- scotts on the other hand is up, the...
0
0.0
Apr 9, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
avalarahhh ahhh abigail: this is "bloomberg markets." i'm abigail doolittle. looking up in zabul room. tom vilsack, secretary of agriculture, joins bloomberg tv 12:30 new york time. this is bloomberg. ♪ katie: it's time for our daily "wall street week" conversation. alternative investment are having their time in the spotlight as investors search for yield and liquidity. how should investors be balancing the risk? christian olson is head of the alternative markets group at goldman sachs, along with david westin. we are looking forward to this. david: they are in the spotlight can it is not as if we don't know the goods. there is a lot of talk about alternatives and money flowing in alternatives. why now should we talk about putting more money into alternatives, and who should talk about it? >> couple different questions there. i spent the last 25-plus years at the intersection of wealth management and alternative investments, and it has never been more interesting. if you step back and look at what has happened to the private investment world, you are gone f
avalarahhh ahhh abigail: this is "bloomberg markets." i'm abigail doolittle. looking up in zabul room. tom vilsack, secretary of agriculture, joins bloomberg tv 12:30 new york time. this is bloomberg. ♪ katie: it's time for our daily "wall street week" conversation. alternative investment are having their time in the spotlight as investors search for yield and liquidity. how should investors be balancing the risk? christian olson is head of the alternative markets group at...
0
0.0
Apr 4, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: they do not. i have been hearing from sources and you told me earlier that banks will not let a lot of these properties go into default so they will work it out. we have been hearing from other sources that pc mbs market, they are not lending on commercial real estate basis. are you seeing and experiencing this? michael: it has opened up. the problem is if somebody is refinancing a loan that if rates were 3% and today they are 5.5 or six there is only -- there is no way to do that without a big injection of capital. there are loans available at valuations not driven by bad real estate or low rent, rent is higher. classe has gone up. -- class a has gone up and cap rates have gone up. the cmbs market is alive but limited, but the valuations are lower. that is why we are not seeing the same amount in those markets. abigail: for financing to return to what it had been, does that take the fed cutting rates, is that in their calculus of why they would cut rates while the economy was healthy and some are
abigail: they do not. i have been hearing from sources and you told me earlier that banks will not let a lot of these properties go into default so they will work it out. we have been hearing from other sources that pc mbs market, they are not lending on commercial real estate basis. are you seeing and experiencing this? michael: it has opened up. the problem is if somebody is refinancing a loan that if rates were 3% and today they are 5.5 or six there is only -- there is no way to do that...
0
0.0
Apr 8, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
patrick clark and abigail doolittle joined me to discuss what is going on to the world of blackstone and real estate. if you think about how the last year has gone, how do you put this into context about what we have seen in the last year and are things changing? patrick: they are changing because blackstone is changing its behavior and when blackstone starts buying come of the market takes note. you heard john gray's say if you wait too long you might miss the buying opportunity and once interest rates start coming down everyone expects there will be a huge rush to deploy capital. prices are going to get lifted up by that and blackstone wants to be ahead of that. shelley: you've see the -- sonali: i'm interested in how this is lifting more boats. patrick: we have a lot of other -- abigail: we have a lot of other multifamily reits across the board. to your point, in terms of blackstone and john gray saying they are getting into real estate, this is well telegraphed. kkr, a lot of the other big players in this space have been talking about the idea of raising money for the opportunity
patrick clark and abigail doolittle joined me to discuss what is going on to the world of blackstone and real estate. if you think about how the last year has gone, how do you put this into context about what we have seen in the last year and are things changing? patrick: they are changing because blackstone is changing its behavior and when blackstone starts buying come of the market takes note. you heard john gray's say if you wait too long you might miss the buying opportunity and once...
0
0.0
Apr 25, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle has the details. abigail: sales of 10 point $7 billion in line. one thing relative to sales what was in line. it was down on a year-over-year basis. in addition to what you're talking about with the guidance. lots of strength. they benefited from lower feedstock and energy costs. if we look at it relative to some of the competitors on the year we will see the dow was underperforming but one real bright spot is after the january quarter which was where the stock diverged from dupont that you could see it is recovered and close this gap a lot. one reason to be positive even with that sales guidance if we break down materials and i think it's glossy coatings we are going to see that declines we've had in growth really on an upswing still down 5.4% closer to 25%. a lot of it depends on strong demand for construction. so not a bad trend here if it continues in that direction? katie: thank you so much for that set up. let's keep the conversation going with the dow chairman and ceo joining us now. abigail ran us through the quarter that was. of course th
abigail doolittle has the details. abigail: sales of 10 point $7 billion in line. one thing relative to sales what was in line. it was down on a year-over-year basis. in addition to what you're talking about with the guidance. lots of strength. they benefited from lower feedstock and energy costs. if we look at it relative to some of the competitors on the year we will see the dow was underperforming but one real bright spot is after the january quarter which was where the stock diverged from...
0
0.0
Apr 19, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: this is bloomberg markets. you are looking at a live shot of the principal move -- prince of orem. coming up, huntington bank share's ceo joins. this is bloomberg. katie: it is time for our wall street week daily conversation. demand for ev's is slumping. u.s. carmakers are responding by cutting production and prices. congresswoman haley stevens of michigan spoke to david westin and set the fluctuation is not surprising. rep. stevens: we were never expecting a linear trajectory of growth. we have certainly seen big numbers coming out -- 18%, a million ev's sold. please to see where we are over last year and the year before that. we realize it is going to be a little bit more of a curve than just that straight linear line. in part, david, we know we are living in inflationary times. we know we are still working on the infrastructure piece of this. interest rates are up. how many americans are racing to buy a new car right now? that is what is on my mind. that is where i am pushing the trade groups and trade asso
abigail: this is bloomberg markets. you are looking at a live shot of the principal move -- prince of orem. coming up, huntington bank share's ceo joins. this is bloomberg. katie: it is time for our wall street week daily conversation. demand for ev's is slumping. u.s. carmakers are responding by cutting production and prices. congresswoman haley stevens of michigan spoke to david westin and set the fluctuation is not surprising. rep. stevens: we were never expecting a linear trajectory of...
0
0.0
Apr 3, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: this is bloomberg markets . he was looking at a live shot jason pride joins limerick tv at 3:45 new york time. this is bloomberg. ♪ sonali: time for the daily wall street week segment. tesla's disastrous sales report is raising concerns about dwindling demand for electric vehicles in the u.s. we will bring in david sandolow, columbia university inaugural fellow at the center on global policy, and david westin. david: one of my favorite subjects is ev. we've had growing indication that a ramping back of demand for ev's in the united states. we have a new data point with tesla. is that a tesla problem that we saw yesterday or broader issue? david s.: thanks for having me. two things are true once. demand for electric vehicles in the united states continues to grow, but at the same time that demand growth is slowing. let's not forget in 2023 there were 50% year-over-year growth in electric vehicle sales. that led to a spate of stories about how growth was slowing down. it shows how high expectations work. in the
abigail: this is bloomberg markets . he was looking at a live shot jason pride joins limerick tv at 3:45 new york time. this is bloomberg. ♪ sonali: time for the daily wall street week segment. tesla's disastrous sales report is raising concerns about dwindling demand for electric vehicles in the u.s. we will bring in david sandolow, columbia university inaugural fellow at the center on global policy, and david westin. david: one of my favorite subjects is ev. we've had growing indication...
0
0.0
Apr 23, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle, thank you. coming up, global cooperation in infrastructure investment. the president of the asia infrastructure investment bank tells us how banks work together to address issues such as climate change. this is bloomberg. ♪ (upbeat music) there's more to business than the business you're in. if you use data, that's the privacy business. manufacturing on demand? you're talking cloud business. got a few million hyper-connected customers? digital experience business. that was fast. that's where deloitte comes in. with the right combination of talent and technology to help advance and connect all that it takes to excel in business ... to the business i'm in. deloitte. abigail: you are looking at alive shot. coming up interview with kristin smith at 12:00 p.m. eastern. this is bloomberg. katie: time now for the daily wall street week conversation and the world bank has some help in promoting global economic growth. multilateral banks focus on infrastructure step into capital necessary to fund new projects. jin liqun is the president of the asian infrastruct
abigail doolittle, thank you. coming up, global cooperation in infrastructure investment. the president of the asia infrastructure investment bank tells us how banks work together to address issues such as climate change. this is bloomberg. ♪ (upbeat music) there's more to business than the business you're in. if you use data, that's the privacy business. manufacturing on demand? you're talking cloud business. got a few million hyper-connected customers? digital experience business. that was...
0
0.0
Apr 2, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle, thank you so much. blackrock's tokenized fun has brought in over $240 million since its debut. we will look at its significance with carlos domingo, securitized ceo next. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. to me, harlem is home. but home is also your body. —last one everyone. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick—and—mortar in new york is not easy. chase ink has supported us from studio 1 to studio 3. when you start small you need some big help.
abigail doolittle, thank you so much. blackrock's tokenized fun has brought in over $240 million since its debut. we will look at its significance with carlos domingo, securitized ceo next. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh...
0
0.0
Apr 5, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: you are looking at the principal room. coming up the evercore chairman emeritus joins bloomberg at 3:00 p.m. this is bloomberg. katie: it is time for our wall street week daily segment. neil ferguson -- niall ferguson spoke with david westin about political and geopolitical risks in the u.s.. niall: you have to take a slightly longer term perspective to understand where we are. if you go back may be to the 1990's, yeah. that period seemed low risk. the soviet union had collapsed. apart from trouble in the balkans with the breakup of yugoslavia and some other trouble spots like somalia, the world by the standards of the rest of the 20th century was pretty peaceful. if you go back 50 years, imagine we are in 1974, that was a more dangerous time than now. i speak with some insiders in the midst of writing about that period as i write the second volume of my biography of henry kissinger. we judge the present by the recent past. the recent past was the period between two cold war's peer the first ended with the soviet collapse.
abigail: you are looking at the principal room. coming up the evercore chairman emeritus joins bloomberg at 3:00 p.m. this is bloomberg. katie: it is time for our wall street week daily segment. neil ferguson -- niall ferguson spoke with david westin about political and geopolitical risks in the u.s.. niall: you have to take a slightly longer term perspective to understand where we are. if you go back may be to the 1990's, yeah. that period seemed low risk. the soviet union had collapsed. apart...
0
0.0
Apr 24, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we will check the markets with abigail doolittle. abigail: of possibility of three up days in a row. small gains for the s&p 500 but given the selling in the last three weeks coming into this week that could be something. the russell 2000 down slightly now. that small-cap index has outperformed over the last two days. a little bit of a breather today. as for what could be next for the s&p 500, this actually -- yes, this is the s&p 500. this is the uptrend out of the october 2023 lows. the 50 day moving average starting to flatten. 200 day moving average. we have the s&p 500 hitting right up toward the top of the resistance. this is expanding as opposed to two parallel lines, that is typically bearish. investors don't know why they bought over the last couple of days. it suggests we could see the s&p 500 go back down towards the bottom of the range or probably close to 4700, somewhere thereabouts in quick time. what will it come down to? some of the tech earnings we have had. tesla reported last night. nothing quarter was great but it
we will check the markets with abigail doolittle. abigail: of possibility of three up days in a row. small gains for the s&p 500 but given the selling in the last three weeks coming into this week that could be something. the russell 2000 down slightly now. that small-cap index has outperformed over the last two days. a little bit of a breather today. as for what could be next for the s&p 500, this actually -- yes, this is the s&p 500. this is the uptrend out of the october 2023...
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we will do that with abigail doolittle. abigail: in the premarket we had the s&p 500, futures down 1.5%. at this point we have the s&p 500 just 6/10 of 1%, cooler heads reacting. after that warm cpi print. above the 15 handle. we also have the bloomberg dollar index. heading to its best day since february at the highs. take a look at the 10 year yield. this is where the real action is. bonds with this big backup in yields as investors are pricing in the idea of higher for longer. swaps looking at just two cuts this year for the fed if you compare that to market expectation up six or seven last december. that of course means we have the two year yield close to back where it was last november and close to the psychological important level of 5%. confirming a bottoming pattern the does suggest we could see it go well above 5%, the highest level since last november. in the biggest backup in yields for the two year yield since the svb blow up in prices, that's the degree of repricing we are seeing. as yields go higher we have se
we will do that with abigail doolittle. abigail: in the premarket we had the s&p 500, futures down 1.5%. at this point we have the s&p 500 just 6/10 of 1%, cooler heads reacting. after that warm cpi print. above the 15 handle. we also have the bloomberg dollar index. heading to its best day since february at the highs. take a look at the 10 year yield. this is where the real action is. bonds with this big backup in yields as investors are pricing in the idea of higher for longer. swaps...
0
0.0
Apr 10, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
sonali: carley garner and abigail doolittle, we thank you for keeping an eye here. we are awaiting a press conference with president joe biden and the prime minister of japan. stick with us. this is bloomberg. ♪ [alarm beeping] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so dramatic amelia. bye jen. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. her uncle's unhappy. inv i'm sensing anves, risunderlying issue.ses it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price,
sonali: carley garner and abigail doolittle, we thank you for keeping an eye here. we are awaiting a press conference with president joe biden and the prime minister of japan. stick with us. this is bloomberg. ♪ [alarm beeping] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so dramatic amelia. bye jen. 100...
0
0.0
Apr 26, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
let's get a check on these markets with abigail doolittle. abigail: we are looking at gains today on the back of some great earnings reports and outlooks for alphabet and microsoft. on the week, the best week of the year. the s&p 500 up 2.7%. yields doing nothing, at least the two-year yields. at this point, just about flat. the dollar, not a lot of movement on the week. crude oil, the big story this week is all about stocks. that is typically not the case you will have bigger cross asset moves. the weekly chart of the s&p 500, one question could be because of the up week does that mean that stocks are going higher? i would argue not. you can see the week chart of the s&p 500 the uptrend, the dip in october, the uptrend out of that tober low to the trendline is never to show the trend. you can see when the trend reverses. we have a reversal over the last four weeks. it usually means volatility is ahead, uncertainty. you have two heavy candles here. when you put this together, that is heading down for the s&p 500 not on this chart, it seems li
let's get a check on these markets with abigail doolittle. abigail: we are looking at gains today on the back of some great earnings reports and outlooks for alphabet and microsoft. on the week, the best week of the year. the s&p 500 up 2.7%. yields doing nothing, at least the two-year yields. at this point, just about flat. the dollar, not a lot of movement on the week. crude oil, the big story this week is all about stocks. that is typically not the case you will have bigger cross asset...
0
0.0
Apr 4, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle has it all. abigail: after a couple of days of a pullback, we have stocks trading higher. the s&p 500 is up 0.7% up for the second day in a row with small gain yesterday but today we have more heft to the buying power. some of it has to do a technology but some technology shares are also trading lower. we have apple and microsoft to the upside. apple is in this correction, down more than 10% from last year's high. the headlines are coming out over the last 24 hours that they may be looking into a home robot and that could be the next big thing. that would drive the stock not that much because it would take a while to move into the numbers but investors seem positive. microsoft is the same but land weston has a little bit of a downtime as well as alphabet. they are thinking about buying hub spot the crm software company and that stuck his up sharply. put that together with the nasdaq 100, we've had this monster rally at of the 2020 lows. what we will see is interesting because it's a different ver
abigail doolittle has it all. abigail: after a couple of days of a pullback, we have stocks trading higher. the s&p 500 is up 0.7% up for the second day in a row with small gain yesterday but today we have more heft to the buying power. some of it has to do a technology but some technology shares are also trading lower. we have apple and microsoft to the upside. apple is in this correction, down more than 10% from last year's high. the headlines are coming out over the last 24 hours that...
0
0.0
Apr 15, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
trading day salutes get a check of these markets with abigail doolittle. abigail: we do have an update but we are well off the highs, the s&p 500 futures, you can see overnight up slightly, about 3/10 of 1% or about the same amount as now. closer to a tense of 1%, the best day in more than a week, but now down, cooler heads prevailing. much of this could have to do with those warmer than expected number is that while they signal strength in the economy, they may signal that the fed is going to be less likely to cut rates this year or two cut as many times as possible. let's take a look at yields because it seems that these rising yields, that two-year yields so close to 5% up about eight basis points, the 10 year yield of 13 basis points, not so far behind the two year yield at this point. as yields rise, a consent stocks lower. we don't have that yet but it does seem as though this is featuring into the calculus of investors, and it certainly has been over the last couple weeks, yields have just back of amended that to year yield of almost 1% this year. t
trading day salutes get a check of these markets with abigail doolittle. abigail: we do have an update but we are well off the highs, the s&p 500 futures, you can see overnight up slightly, about 3/10 of 1% or about the same amount as now. closer to a tense of 1%, the best day in more than a week, but now down, cooler heads prevailing. much of this could have to do with those warmer than expected number is that while they signal strength in the economy, they may signal that the fed is going...
0
0.0
Apr 17, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: we are jumping around here the s&p was up slightly but the nasdaq is down on the day. stocks start higher and trade lower. you can see it's hard to make it out here exactly. a nice move higher on monday and then down on the day and something similar to yesterday it will be interesting to see how this day falls out. we are looking at a down month the s&p down 3% with the worst month since september of last year. the nasdaq also is worst month since last year but the russell 2000 and most sensitive to the backup and yields down 5.2%. representative of what we are seeing in april. the worst month going all the way back to the summer of 2022. we've been talking about this for a while because of the parish divergences we've been tracking for a while. we had the s&p 500 going higher for many months up until this month. rsi indicator going lower saying that as we go hired the buyers are becoming less enthusiastic which has caused us to go below the moving average saying there could be more consolidation to the downside. to the upside apple is up .3%. alcoa up 3% having to do
abigail: we are jumping around here the s&p was up slightly but the nasdaq is down on the day. stocks start higher and trade lower. you can see it's hard to make it out here exactly. a nice move higher on monday and then down on the day and something similar to yesterday it will be interesting to see how this day falls out. we are looking at a down month the s&p down 3% with the worst month since september of last year. the nasdaq also is worst month since last year but the russell 2000...
0
0.0
Apr 18, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: you are looking at a live shot of the principal room. coming up kristin bitterly, joint bloomberg tv at 3:35 p.m.. this is bloomberg. katie: time now for our daily wall street week conversation and the global economy is poised for a year of steady growth but the imf warns of headwinds for europe probably because of two regional wars. paschal donohoe joins us from the world bank meetings in washington along with wall street weeks david westin. a great conversation to kick off the spring meetings. david: a lot of fiscal demands but also over in europe. thank you for being with us prayed we heard from the imf warning the united states for off-line money how much fiscal money does your euro group collection of countries have. do they have demands in ukraine to try and help, we also have the climate change. how much is there to address some of these issues? >> there is some but the truth of it is there needs to be more. and we has governments in the european union faced many challenges of needing to normalize policy but at the same time we ne
abigail: you are looking at a live shot of the principal room. coming up kristin bitterly, joint bloomberg tv at 3:35 p.m.. this is bloomberg. katie: time now for our daily wall street week conversation and the global economy is poised for a year of steady growth but the imf warns of headwinds for europe probably because of two regional wars. paschal donohoe joins us from the world bank meetings in washington along with wall street weeks david westin. a great conversation to kick off the spring...
0
0.0
Apr 24, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: tesla, rallying in a massive way. up 10%. it has to do with not just of the quarter was really negative, as you mentioned. take a look at the chart. since last july it has been a trip -- downtrend. up 40% on the year. investors expecting the worst. from earnings they expected sales of 29 billion dollars, with adjusted profits it was down 53% on a year-over-year basis. speaking of, at this point the stock is about flat year-over-year, down 1.5 percent. earlier it had literally been flat as investors, cheered by what elon musk had said around the cheaper ev being likely, even by the end of this year. you mentioned a cash flow problem. take a look at that, down $2.5 billion, they burn through that in that quarter after so many quarters of positive cash flow. so, that is the big concern but that narrative around a cheaper ev being out sooner rather than later is helping out. meta over the last year, up 120 9% relative to earnings. investors looking at four dollars $.44 per share with 64% growth on the top line. 26% growth. a high
abigail: tesla, rallying in a massive way. up 10%. it has to do with not just of the quarter was really negative, as you mentioned. take a look at the chart. since last july it has been a trip -- downtrend. up 40% on the year. investors expecting the worst. from earnings they expected sales of 29 billion dollars, with adjusted profits it was down 53% on a year-over-year basis. speaking of, at this point the stock is about flat year-over-year, down 1.5 percent. earlier it had literally been flat...
0
0.0
Apr 25, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle has more. abigail: it's interesting to see that plunge, the worst day since october of 2022. some of it not only has to do with the fact that the guide was light and a bigger spend for ai but take a look at the shares of meta in this chart up white. at one point up more than 40% this year alone but over the last year into this quarter, up about 130% surprise to perfection. investors did not get that so you can see the plunge. below in yellow and green, microsoft and google. microsoft up about 5% and google up about 11%. tesla is coming off of its bottom after a little bit of hope around the cheap ev. my point is meta's price to perfection, coming back to earth but what's ahead for microsoft and google because that result or meta, really weighing on both of these shares. microsoft is having its worst day since i believe october, 2022. more than a year depending so the key for microsoft will be where earnings and revenue come in. analysts are modeling mid teens growth which is pretty solid. the b
abigail doolittle has more. abigail: it's interesting to see that plunge, the worst day since october of 2022. some of it not only has to do with the fact that the guide was light and a bigger spend for ai but take a look at the shares of meta in this chart up white. at one point up more than 40% this year alone but over the last year into this quarter, up about 130% surprise to perfection. investors did not get that so you can see the plunge. below in yellow and green, microsoft and google....