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Feb 26, 2024
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let's get a check on the equity markets with abigail doolittle. abigail: stocks barely moving. look at what has been happening the last week to set the. stage for moves that may come. the s&p 500 up 1.7%. the consumer discretionary outperforming up 3.2%. the dollar breaking a seven-week winning streak last week following not by a large amount but still a trend shift. the two-year yield is popping higher at 472. on the next board, we will see the s&p 500 is not all about technology. in white, we are looking at the technology sector, the number of members at a 52-week high. that is 14%. overall, 19%. this chart is a bit of a divergence. you can see the last couple of months many technology members were above the 50-day moving average. right now, there is a little bit of strength as it continues to broaden out. speaking of nvidia, a lot of the technology talk is nvidia. cathie wood, her ark etf, both emc and nvidia no longer top 10 holdings. your to date you see underperformance for her etf relative to other ai related etf's. if we look at intuitive machines, last week, there was
let's get a check on the equity markets with abigail doolittle. abigail: stocks barely moving. look at what has been happening the last week to set the. stage for moves that may come. the s&p 500 up 1.7%. the consumer discretionary outperforming up 3.2%. the dollar breaking a seven-week winning streak last week following not by a large amount but still a trend shift. the two-year yield is popping higher at 472. on the next board, we will see the s&p 500 is not all about technology. in...
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Feb 22, 2024
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we will discuss this with lawrence yun and abigail doolittle.n you look at the demand coming back into the picture, is it sustainable, given we see interest rates starting to increase again on the year, which could lead to higher mortgage rates? >> thank you for having me. it is definitely a good start to the numbers. we saw the home sales last year, essentially at 30 year low. despite the fact that u.s. population rises, so, considering we have 80 million more people, why was the home sales at nearly a 30 year low? just by a simple law of averages, people desired to want a home, the home sales have been underperforming. the latest increase, definitely more mortgage rate help. another factor that helped was more listings. we have seen more offers are still in the marketplace, which means not all demand is being satisfied. it simply means more home sales. sonali: one of the things that surprised me was the cash offers you are seeing at a 10 year high. is this crowding anybody at the market? >> definitely. the first time buyers are struggling to c
we will discuss this with lawrence yun and abigail doolittle.n you look at the demand coming back into the picture, is it sustainable, given we see interest rates starting to increase again on the year, which could lead to higher mortgage rates? >> thank you for having me. it is definitely a good start to the numbers. we saw the home sales last year, essentially at 30 year low. despite the fact that u.s. population rises, so, considering we have 80 million more people, why was the home...
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Feb 13, 2024
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abigail doolittle has more.il: this is what triggered the selloff and brought back a positive -- possible crisis. a strong word. some sort of crisis for regional banks and commercial banks, commercial real estate. they hold about 80% of those loans. money centered banks, 20%. over the last year, the big banks are higher. these regional banks are lower. as for the specific pressures we are facing relative to the regional banks in the commercial real estate area, values are depressed especially for areas like office and some retail. low occupancy, rising rates. about $1.5 trillion is due by the end of 2025 and regional banks hold about 80% of that. the question is will the loans go bad. there are other sources of funding. there is probably more room for the market but for the regional banks, certainly tough. >> for more on challenges facing the property market is ran eliasaf, northwind group founding and managing partner, a private equity firm with about $3 billion in assets. we were talking about this idea that t
abigail doolittle has more.il: this is what triggered the selloff and brought back a positive -- possible crisis. a strong word. some sort of crisis for regional banks and commercial banks, commercial real estate. they hold about 80% of those loans. money centered banks, 20%. over the last year, the big banks are higher. these regional banks are lower. as for the specific pressures we are facing relative to the regional banks in the commercial real estate area, values are depressed especially...
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Feb 14, 2024
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sonali: chris murphy and abigail doolittle, thank you for taking us under the hood of this market. bristol-myers squibb and its debt offering gathered over $85 billion in demand. we will talk more about the credit markets very shortly. stick with us, we will talk about public credit and private credit, laura holson joining us from newmarket capital about these invigorated debt markets. this is bloomberg. ♪ sonali: this is bloomberg markets, thanks in parts to the inflation numbers, the global bond rally started in december, now has been wiped out. the decline fueled by the hope that if they would cut rates early this year and even as bond returns take a hit, understand that persistent flows keep pouring into credit funds and it keeps corporate bond spreads tight. argus joins us to cover his credit -- our guest joins us, they cover credit. you see global credit investors, looking at treasuries and other government bonds, wife treasuries so excited about broader fixed income and corporate bonds? >> it is a really interesting dynamic that is playing out right now and essentially there
sonali: chris murphy and abigail doolittle, thank you for taking us under the hood of this market. bristol-myers squibb and its debt offering gathered over $85 billion in demand. we will talk more about the credit markets very shortly. stick with us, we will talk about public credit and private credit, laura holson joining us from newmarket capital about these invigorated debt markets. this is bloomberg. ♪ sonali: this is bloomberg markets, thanks in parts to the inflation numbers, the global...
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Feb 15, 2024
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sonali: scott kelley and abigail doolittle.e will talk about the scrutiny of those commercial real estate loans. stick with us, this is bloomberg. ♪ at morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. sonali: this is bloomberg markets, it is time for the wall street b. we were just talking about the commercial real estate market and the stress attached to multiple banks. valley national has of 50 billion loan book. iver robin spoke on bloomberg earlier today. >> whether it's an office loan or multi family loan. the geography makes this different. our average office is only 6 million in size which is a very small type of loan. >> there is this fear that we haven't seen the real pre-pricing and real estate. how much of you had to reprice assumptions of your holdings at a time where mortgage rates have skyrocketed and you've seen the lack of demand? >> there are a bunch of different variables and repricing. what is happening from
sonali: scott kelley and abigail doolittle.e will talk about the scrutiny of those commercial real estate loans. stick with us, this is bloomberg. ♪ at morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. sonali: this is bloomberg markets, it is time for the wall street b. we were just talking about the commercial real estate market and the stress attached to multiple banks. valley national has...
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Feb 14, 2024
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sonali: abigail doolittle, we thank you for your time. the market but will it be a cupid killer. we will ask the mind behind storied restaurant brands. here with us now is jeff. there is expected to be a lot of spending for this valentine's day, but with people still hurting from inflation, are you seeing the same kind of bookings and excitement around eating out, particularly on the higher end. jeff: it is crazy, we are. i think that we have not seen -- everything in our luxury portfolio is only going up. and people seem to really be choosing to spend their money and time with their loved ones and people that care about -- people that they care about. and more specifically but also celebrate themselves at a level that we have not seen before as one of the largest restaurant groups in the world. we keep being surprised, but also thrilled by the way that people are behaving, and the way that people are celebrating themselves in our restaurant and other restaurants. and to be honest, i wish that i could say that these things were a problem,
sonali: abigail doolittle, we thank you for your time. the market but will it be a cupid killer. we will ask the mind behind storied restaurant brands. here with us now is jeff. there is expected to be a lot of spending for this valentine's day, but with people still hurting from inflation, are you seeing the same kind of bookings and excitement around eating out, particularly on the higher end. jeff: it is crazy, we are. i think that we have not seen -- everything in our luxury portfolio is...
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Feb 20, 2024
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katie: abigail doolittle, thank you so much for that.up, we will take a look at incentives to improve u.s. infrastructure and how they help u.s. cities. paige cognetti is next. this is bloomberg. ♪ investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. katie: time now for wall street week daily. we are looking at the impact of the latest infrastructure bill on u.s. cities. david westin is with me now, and joining us is paige cognetti, mayor of scranton, pennsylvania. which is the hometown of president joe biden. david: i have heard rumors to that effect. he has mentioned that once or twice. mayer, thank you for being with us. give us a snapshot of where scranton is. and with respect to what we heard from katie, how does infrastructure development fit into your future growth plan
katie: abigail doolittle, thank you so much for that.up, we will take a look at incentives to improve u.s. infrastructure and how they help u.s. cities. paige cognetti is next. this is bloomberg. ♪ investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better...
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Feb 28, 2024
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for now, there are no imminent risk we will speak to abigail doolittle.ve seen the idea of further rallies in the market stalling out but we are not seeing major tips. when you're sitting at market highs how do you think about where we go from here? frances: was interesting about what's happening now is when you have multiple all-time highs and in the face of a tightening fed that has done a record amount of tightening in a record amount of time in the stances is to reduce the balance sheet you think about getting defensive and traditionally bonds played a role. we have all been written by the bond trade. i have permanent scars from the bond trade. the thing i found recently, as far as the rate of change on the growth of inflation, daily volatility is being driven by an options market that lends itself to things like zero days to expiration and is harder to pull the trend out because you have a day that is pro-inflation and a day that is progrowth and another against growth and you find yourself in one of those quadrants that change all the time. you sit
for now, there are no imminent risk we will speak to abigail doolittle.ve seen the idea of further rallies in the market stalling out but we are not seeing major tips. when you're sitting at market highs how do you think about where we go from here? frances: was interesting about what's happening now is when you have multiple all-time highs and in the face of a tightening fed that has done a record amount of tightening in a record amount of time in the stances is to reduce the balance sheet you...
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Feb 2, 2024
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abigail doolittle, thank you so much.m paul krugman about what kind of president the economy needs for the next four years. wall street week daily is up next. this is bloomberg. ♪ were you worried the wedding would be too much? nahhhh... [inner monologue] another destination wedding?! we just got back from her sister's in napa. who gets married in napa? my daughter. who gets married someplace more expensive? my other daughter! cancun! jamaica! why can't they use my backyard?! with empower, we get all of our financial questions answered. so we don't have to worry. can we get out of here? i thought you'd never ask. join 18 million americans and take control of your financial future with the real-time dashboard and real-live conversations. empower what's next. katie: it is time now for our wall street week daily segment. wall street week host david westin spoke with paul krugman, nobel laureate in economics. david got his take on the state of the u.s. economy. paul: we are in an extreme -- an extraordinarily good medium posi
abigail doolittle, thank you so much.m paul krugman about what kind of president the economy needs for the next four years. wall street week daily is up next. this is bloomberg. ♪ were you worried the wedding would be too much? nahhhh... [inner monologue] another destination wedding?! we just got back from her sister's in napa. who gets married in napa? my daughter. who gets married someplace more expensive? my other daughter! cancun! jamaica! why can't they use my backyard?! with empower, we...
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Feb 12, 2024
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we will get a check on those with abigail doolittle.gail: if we check on what is happening on the markets, we will see if small fluctuations for the major averages. s&p 500 at a record closing high, but not all-time high. let's see whether that happens. amtek 100 -- nasdaq 100 up slightly moments ago. gains for the small-cap russell 2000 and the kbw bank index. last time i looked, new york community bancorp was up 10% or thereabouts. there seems to be a relief rally there. as for one interesting move, we also have vix for the s&p 500 and the volatility index for the small-cap index, also 2000, both of these are higher. typically when got stocks going higher you have the volatility index in the other direction. when they want to point out is the spread between these two annexes, suggesting that maybe there will be more volatility at for the s&p 500, which has been in this complacent zone for such a long time. let's check in on the s&p 500. this is the s&p 500. you can see a nice up trend. this is the diamond pattern we look at. 90% of th
we will get a check on those with abigail doolittle.gail: if we check on what is happening on the markets, we will see if small fluctuations for the major averages. s&p 500 at a record closing high, but not all-time high. let's see whether that happens. amtek 100 -- nasdaq 100 up slightly moments ago. gains for the small-cap russell 2000 and the kbw bank index. last time i looked, new york community bancorp was up 10% or thereabouts. there seems to be a relief rally there. as for one...
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Feb 1, 2024
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bloomberg's abigail doolittle looks at the sector.il: yesterday it came as a bit of a shock, back in 2023 there were concerns around regional banks commercial real estate and the idea that loans could default and create problems. it did not come to pass a much as the year went on but did yesterday. newer community bank today lows off more than 13% down now about 6% following a 37% plunge on the shock of loan loss provisions being 12 times expected. more than $.5 trillion and cutting the dividend to build the reserves. the company mentioned it had to do with both office and multifamily. the idea may be some of the loans would sour. it is weighing on the entire space. something makes this super interesting. in the bloomberg terminal we had church of new york community bancorp trading higher in white, not suffering as much as other regional banks on the silicon valley blowup last year. at one point going well above those levels into yesterday. still above its silicon valley blowup levels. now we have it underperforming all the banks, dow
bloomberg's abigail doolittle looks at the sector.il: yesterday it came as a bit of a shock, back in 2023 there were concerns around regional banks commercial real estate and the idea that loans could default and create problems. it did not come to pass a much as the year went on but did yesterday. newer community bank today lows off more than 13% down now about 6% following a 37% plunge on the shock of loan loss provisions being 12 times expected. more than $.5 trillion and cutting the...
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Feb 21, 2024
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katie: abigail doolittle, thank you so much. we get to those nvidia results, jason furman, harvard kennedy school professor joins us next to talk about the state of the u.s. economy in our "wall street week" daily segment. this is bloomberg. ♪ the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com - [mo] if you're thinking about going back to school, with a partner that athis is for you.irst. ♪ - i ended up spending less money my entire time at snhu than i did in just one year at my other university. - [juan] my time at snhu has given me more confidence. now i can go for that promotion. - if you're ready to go back to school... you can do it. southern new hampshire university has changed my life. and it can change yours too. ♪ - [announcer] visit snhu.edu. abigail: this is bloomberg markets. you ar
katie: abigail doolittle, thank you so much. we get to those nvidia results, jason furman, harvard kennedy school professor joins us next to talk about the state of the u.s. economy in our "wall street week" daily segment. this is bloomberg. ♪ the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always...
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Feb 6, 2024
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abigail doolittle has the details. abigail: she did comment on the timing of rates and seem to reiterate what jay powell has said recently in terms of the idea that 2024 will likely be the year when the fed starts cutting, but it will be later rather than sooner. she said "if the economy evolves as expected i think we will gain the confidence later in the year and then we can begin moving rates down." she cautioned about doing it too early. they really want to see inflation around 2% on a sustained path. what does that do for the bats for march and may? they are already higher. what we are looking at in white is the potential cuts in march. earlier this year and late last year it had been 100% chance we would see a cut -- an 80% chance. now it is closer to 821% chance. for may it had been 100% chance. now it is 61%. minutes ago it had been 58%. some may think her comments were not enough to take the odds of. in any case the probability of cuts in the first half of the year are lessening. what does this mean for the 10
abigail doolittle has the details. abigail: she did comment on the timing of rates and seem to reiterate what jay powell has said recently in terms of the idea that 2024 will likely be the year when the fed starts cutting, but it will be later rather than sooner. she said "if the economy evolves as expected i think we will gain the confidence later in the year and then we can begin moving rates down." she cautioned about doing it too early. they really want to see inflation around 2%...
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Feb 5, 2024
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abigail doolittle has more.l: we take a look at the shares of stockton and snapped, you will see declines with socgen down 2%, they are cutting 5% of their workforce at their headquarters in europe and summoned the -- analysts are cheering this ahead of earnings this week. snap is down 3.2%. earlier this morning, they announced they are cutting 10% of the work force having to do with a slump in ad sales. there have been more than 10,000 cuts to technology companies so far this year which is amazing given how well stocks have performed but perhaps taking it off of the bottom line. in contrast, estee lauder at the highs of 19%. it's best day ever since the company ipo's back in 1995. it's the best day since 2019 and they are cutting about 5% of the workforce and one analyst said the quarter that was reported beat but they also have cut the guidance for the a time in a row but this stands out as investors want to change. we look at the shares of stock in an estee lauder and snap over the past couple of years, these
abigail doolittle has more.l: we take a look at the shares of stockton and snapped, you will see declines with socgen down 2%, they are cutting 5% of their workforce at their headquarters in europe and summoned the -- analysts are cheering this ahead of earnings this week. snap is down 3.2%. earlier this morning, they announced they are cutting 10% of the work force having to do with a slump in ad sales. there have been more than 10,000 cuts to technology companies so far this year which is...
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Feb 23, 2024
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we will discuss the markets even further with carly garner and abigail doolittle. when you look at the options activity, the bullishness, where is the worry? >> at the moment, nobody seems to be worried. i am a little bit nervous. this remise me of late 2021. a similar euphoria around electric vehicles. tesla stock went parabolic and drug the market with it. and we are seeing something very similar with nvidia. i've got some red flags waving. i think people are complacent on the long side and call option buying is euphoric for my taste. abigail: talk about the short positions on nvidia and what it caused investors to do in terms of a possible gamma squeeze? has it unwound? if not, what are the implications if it does? >> it is hard to say it fitfully unwound. the bulk of it is. everyone is talking about the earnings report blew out estimates. i agree that the earnings were good. but i have seen stocks selloff sharply on better numbers. or at least relative better numbers, we will put it. i think this was a positioning story. there are too many shorts. the shorts ar
we will discuss the markets even further with carly garner and abigail doolittle. when you look at the options activity, the bullishness, where is the worry? >> at the moment, nobody seems to be worried. i am a little bit nervous. this remise me of late 2021. a similar euphoria around electric vehicles. tesla stock went parabolic and drug the market with it. and we are seeing something very similar with nvidia. i've got some red flags waving. i think people are complacent on the long side...
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Feb 27, 2024
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let's get a quick check on the markets with abigail doolittle.all fluctuations for the s&p 500 even after that weaker than expected consumer confidence number, which he would have thought may have sent stocks higher. the pce later this week is important. russell 2000 getting a nice bid today. we continue to have a divergence in how small caps and large caps are acting. bitcoin at its highest level since december 2021. up 4.5%. lots of stocks going higher with bitcoin. crude oil up .8%. let's look at brent crude oil. from september, the peak down into the israel-hamas war. implied volatility really took off at the start of that war. now we're at the lowest level of implied volatility. that situation is more priced into oil as we have this climb higher. as for the other indexes, norwegian cruise line soaring, the best day since 2022. their first quarter guide much better than expected. marathon digital, another one of those crypto stocks of its highs. today up 4%. workday is down 2%. subscriptions were a little bit like. unities software down 6.5%.
let's get a quick check on the markets with abigail doolittle.all fluctuations for the s&p 500 even after that weaker than expected consumer confidence number, which he would have thought may have sent stocks higher. the pce later this week is important. russell 2000 getting a nice bid today. we continue to have a divergence in how small caps and large caps are acting. bitcoin at its highest level since december 2021. up 4.5%. lots of stocks going higher with bitcoin. crude oil up .8%....
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Feb 6, 2024
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we will do that with abigail doolittle. abigail: mixed markets. nasdaq some of the other indexes. up slightly for the nasdaq down 4/10 of 1%. let's check in on that over the last trading day. you can see overnight during the early parts of the european session mainly higher. around the open taking a big tick lower. unclear fit that sec rule around big hedge funds becoming primary dealers or the former president trump headlines, in any case we have the nasdaq 100 down for a second day in the row. we have the shares of stockusign --docusign down. to the upside we have spotify up 8.1% putting up a big corridor. there headcount reduction helping out in terms of the numbers and they had a great subscriber number for the last quarter in the month of december. eli lilly well off of its highs, they put up a big corridor helped out by their new weight loss drug, they put up a strong 2024 outlook. if we round it out and there we go down to the downside. we have a big gain for china tech stocks up 5.2%, take out the russell 2000 a bit of a reprieve after the
we will do that with abigail doolittle. abigail: mixed markets. nasdaq some of the other indexes. up slightly for the nasdaq down 4/10 of 1%. let's check in on that over the last trading day. you can see overnight during the early parts of the european session mainly higher. around the open taking a big tick lower. unclear fit that sec rule around big hedge funds becoming primary dealers or the former president trump headlines, in any case we have the nasdaq 100 down for a second day in the...
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Feb 7, 2024
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abigail doolittle has the information. >> i'm not just saying that because of the conversation you aree only chart that i am aware of that is up out of the pandemic. up 390%. this reflects the underlying growth. 10 to 31% on the bottom line. a big growth going into some are saying that the growth is likely to continue and the outlook could prove conservative as has happened in the past. they remain key drivers and it is interesting because they made that acquisition through one of the biggest shareholders, giving them three big factories. they have bigger growth because the numbers are taller but the growth is starting to slow. we will see 2024 -- it looks like 22%. slowing to a single digit. a lot of competition. keeping that competitive edge. >> in thrilled to say that we have the ceo. it is great to see you in person. many people have been asking you for months about how you plan to ramp up production to meet the demand. we finally got an answer this week. acquiring three of its factories in the process, but already you have eli lilly calling regulators to look into this. how big of
abigail doolittle has the information. >> i'm not just saying that because of the conversation you aree only chart that i am aware of that is up out of the pandemic. up 390%. this reflects the underlying growth. 10 to 31% on the bottom line. a big growth going into some are saying that the growth is likely to continue and the outlook could prove conservative as has happened in the past. they remain key drivers and it is interesting because they made that acquisition through one of the...
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Feb 1, 2024
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trading day and let's check on the markets with abigail doolittle.und after the worst day for the s&p 500. yesterday the s&p 500 was down the most since september of last year and now it is near session highs. the nasdaq 100 is gaining up even more. after the bell more big tech names are reporting, including amazon and meta. after been down yesterday they are popping higher with amazon looking to see if the -- what the holiday sales look like. meta is actually modeled for decent growth topline and bottom-line, 20%, more so than the other big companies. one stock that is not popping, is plunging once again, is new york community bank corp. down about 12% today after yesterday's massive loss. over the last three days, down nearly 50% after they reported loan loss provisions of nearly more than half a trillion dollars. they also cut the dividend to build reserves for losses associated with commercial real estate. last year's fear is coming into the picture again today and investors are not liking that. new york community bank corp, and white, it had bee
trading day and let's check on the markets with abigail doolittle.und after the worst day for the s&p 500. yesterday the s&p 500 was down the most since september of last year and now it is near session highs. the nasdaq 100 is gaining up even more. after the bell more big tech names are reporting, including amazon and meta. after been down yesterday they are popping higher with amazon looking to see if the -- what the holiday sales look like. meta is actually modeled for decent growth...
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Feb 23, 2024
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we do that with abigail doolittle. >> not only was that memorable because of the run, the blowout move to the upside by nvidia but also because it was a 2% gain into a record high, a relatively rare event. typically, you take the stairs higher as opposed to leaping higher but here you have a greater than 2% move up. let's break down what this has meant in the past. it's intended to mean that you are going to have some sort of a correction or major topic but the timing is tough so you can see back in september of 1929, there was a 2% move made into a record high. we had that krach not long after. in the 1950's, a 20% correction. in 1980, head of a 27% move -- ahead of a 27% move, there was a 2% move higher. in the early 1990's, not much. you see this happen several times ahead of the tech bubble so it speaks to exuberance. now the most stable foundation but as we can see from history timing is tough. cite out of these highs but we don't know when. katie: great wrap up by abigail belittle. let's get more on these markets with the executive vice president and portfolio manager at alger. y
we do that with abigail doolittle. >> not only was that memorable because of the run, the blowout move to the upside by nvidia but also because it was a 2% gain into a record high, a relatively rare event. typically, you take the stairs higher as opposed to leaping higher but here you have a greater than 2% move up. let's break down what this has meant in the past. it's intended to mean that you are going to have some sort of a correction or major topic but the timing is tough so you can...
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Feb 21, 2024
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in new york, abigail doolittle, bloomberg news.art but it's a different story elsewhere in the sector. home depot reporting a fifth straight decline in comparable sales think straight drop in demand for home improvements due to high mortgage rates and a slowdown in construction. while the decline was in line with wall street, home depot's guidance for a 1% sales drop over the full-year was below estimates. here in europe, at least in france, carrefour's quarterly sales disappointing. the supermarket group's like for like sales and france grew 1% in the fourth quarter, excluding fuel and calendar effects. analysts were expecting growth of above 2.5%. the ceo of brookfield asset management says he believes there are opportunities in the real estate sector in the u.s. and in europe and it is creating a strategy for financial infrastructure investing. bruce flatt, who's been in charge for over two decades, sat down exclusively in london with francine lacqua for the show "leaders with lacqua." bruce: we are just in the midst of creating
in new york, abigail doolittle, bloomberg news.art but it's a different story elsewhere in the sector. home depot reporting a fifth straight decline in comparable sales think straight drop in demand for home improvements due to high mortgage rates and a slowdown in construction. while the decline was in line with wall street, home depot's guidance for a 1% sales drop over the full-year was below estimates. here in europe, at least in france, carrefour's quarterly sales disappointing. the...
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Feb 5, 2024
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katie: abigail doolittle, thank you so much.ing up we will hear from the cornell university senior professor of international trade policy at the present state of u.s. china trade relations. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh katie: it is time for wall street week daily segment. former president trump this weekend talking tough on china tariffs if he returns to the white house. joining us we have the cornell university senior professor of international trade policy as well as david westin. in some ways it feels like -- 2016 again. david: thank you so much for joining us. give us a sense of what happened in the wake of donald trump and then joe biden. where are we with the balance of trade between u.s. and china? >> things have shifted. you of the trump tariffs being continued by biden because none of the tariffs came down. we have other additional restrictions on technology and other types of trade and econ
katie: abigail doolittle, thank you so much.ing up we will hear from the cornell university senior professor of international trade policy at the present state of u.s. china trade relations. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh katie: it is time for wall street week daily segment. former president trump this weekend talking tough on china tariffs if he returns to the white...
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Feb 22, 2024
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abigail doolittle has more. >> we are looking at a bullish day for markets. the s&p 500, we are looking at the best day of the year. that is true for the nasdaq 100 as well. for the s&p, it is the best day since may of last year my having to do with a blowout quarter from nvidia, its best day since may when it put up that first blowout quarter in outlook. all things good with nvidia in terms of growth. the technicals are interesting because over the last couple days i have been talking about how overextended the chart looks. we take a look at this chart that i created today. one reason yesterday to think nvidia is going to fall back to earth further is this is the year to date uptrend. into today, it had broken that uptrend. it is rare that you see a stock overtake that uptrend. that is what nvidia is trying to do now. look at the rsi. it is lower than the highs here, so this record high may not be surprising if at some point this stock gets a little tired to some degree because of the technicals. as for what else is going on in the markets, we have this inte
abigail doolittle has more. >> we are looking at a bullish day for markets. the s&p 500, we are looking at the best day of the year. that is true for the nasdaq 100 as well. for the s&p, it is the best day since may of last year my having to do with a blowout quarter from nvidia, its best day since may when it put up that first blowout quarter in outlook. all things good with nvidia in terms of growth. the technicals are interesting because over the last couple days i have been...
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Feb 15, 2024
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sonali: abigail doolittle we thank you. we will be joined by liberty cantrell, head of u.s.ss how the fed handles a presidential election year. that is for wall street week up next. psst. hey, sarah. hi. if you had to choose, would you listen to elevator music all day or deal with payroll compliance? payroll compliance, for sure. wait. for real? switching to gusto made staying compliant much easier. on top of seamless payroll, they automatically calculate my taxes and file with the right agencies for me. can gusto help my small business with compliance too? definitely. thank you so much. choose payroll compliance without the ups and downs. that's working with gusto. david: this is wall street week and i am david westin. we have been doing a series of reports on wall street votes, the difference that the presidential election could make on wall street. we welcome back liberty cantrell. thank you for being here. do not know a lot of the election. we think it might be donald trump against joe biden. assuming those are the candidates, what could it mean for wall street, and let
sonali: abigail doolittle we thank you. we will be joined by liberty cantrell, head of u.s.ss how the fed handles a presidential election year. that is for wall street week up next. psst. hey, sarah. hi. if you had to choose, would you listen to elevator music all day or deal with payroll compliance? payroll compliance, for sure. wait. for real? switching to gusto made staying compliant much easier. on top of seamless payroll, they automatically calculate my taxes and file with the right...