goldman sachs is set to report after the open today. better than expected results from citi on friday. goldman kicks off a big week of region and bank. let's bring in hugh son with the latest. hugh, always good to have you on. >> good morning, frank. i'm looking at goldman sachs and in particular if you look at what happened on friday, that's jpmorgan chase and citigroup both shooting the lights out with investment banging. y banking. they guided up 30% higher with the investment fees a few weeks ago and they ended up being higher 50% to 60% respectively with iv feefees. that was a huge driver. goldman sachs is the premier advisory group in investment banking. you would be disappointed if they didn't have a similar overperformance in the investment banking arena. trading did well. lots of debt action as companies were tapping capital markets. beginning of the glimmer of the increase in the ipo market. there is lots to be excited about if you are an investor in goldman sachs or morgan stanley. less if you are an investor in main street b

goldman sachs is the latest driving better than expected results.avid solomon says they remain constructive. >> there is stability and applications -- the expected trajectory improved and equity markets remained their all-time high. tom: charlie, talk about what we saw, goldman tends to leave, -- lead but as far as and were looking for boost from the market and healthy wealth management. >> thank you indeed with a breakdown across yesterday. charlie, thank you. coming up, the luxury sector in focus. it has something of a china problem. we will break that down and give you the context. that is next. this is bloomberg. ♪ tom: the swiss luxury company saw continued weakness in asia. let's bring in our bloomberg opinion columnist andrew. challenging day in europe in terms of losses. it seems like in terms of the number the exposure to europe is ok but asia and china is a challenge. >> for the last few months we have been up against this time when we were in a hopeful time that china had reopened, it was going to continue. it did not continue. it weakene

paul: santanu sengupta of goldman sachs. menaka will stay with us for more india coverage.will talk to the joint ceo of indian steelmaker jsw steel. we will discuss their wish list as well as growth strategy after reporting a first-quarter earnings miss. that's coming up next. this is bloomberg. ♪ the future is not just going to happen. u have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. paul: welcome back to bloomberg markets: asia. you are watching the india focus. here's a look at indian markets ahead of the open. just over one minute to go, premarket looking pretty healthy. the sensex up by about one quarter of 1%. we will keep our eyes on jsw steel. we are hoping to speak to the joint ceo shortly. he does have other commitments as well. there's also of course budget day. things are tracking a little sideways as we await the finance ministers announcement. on that note, let's get more on the

goldman sachs is in the spotlight today was second-quarter results out.k of america will be sending reports tomorrow. let's get more from charlie wells and break down the results we have seen from big lenders already. let's start with where the focus will be when it comes to goldman sachs. charlie: all eyes are going to be on investment banking revenue. the question is, we know that is probably going to be very strong, what we saw in previous reports from citigroup, from j.p. morgan, that investment banking revenue beat expectations significantly. but i think gold men, do they have momentum going into the second half? we have been talking about how the deal pipeline is stronger, but does management give better guidance than we have expected? tom: is this going to be one and done? or is the momentum there for more? how is it going to be stacking up for you and the team as you try to get a grip of the story? charlie: we are in the eye of the stories. we are about halfway through. we've got bank of america coming on tuesday. management has said net income co

we are alive hearing from celine from goldman sachs next.>> welcome back to daybreak europe, happy thursday. the olympics opening ceremony is tomorrow night, bringing in 10 million boroughs -- euros. let's bring in caroline connor for a preview with great guests. >> one day before the opening ceremony and what better person to talk to them goldman sachs cohead. thank you for joining bloomberg tv. >> good morning, nice to see you. i would not say the wall street lineup is here, but it is a huge pleasure. >> you will clients meetings, executives are here. one month of political uncertainty in france, is that over? >> the latest political developments where unexpected and we are waiting to see what government we will have. i do not think it will change policy because greg's it moves where decided a long time ago and it translated into moving 420 people. it created volatility and might delay transactions. >> ok. does that mean we are going to have this delay until we get more clarity? guest: i expect uncertainty to lift after the olympics when t

thanks. >>> coming up, david solomon from goldman sachs. stay tuned.to come this morning, we have goldman sachs ceo, david solomon. he's on set with us right now. we will talk about his firm, the markets and the global economy much more. first, though, as we head to a quick break, take a look at today's big events. simone biles and usa gymnastics d da going for the goltoy. and regan smith and kaylee set for an epic 100 meter backstroke style. good thing i had aflac. (aflac duck) hmmm the cash i got from aflac helped pay for medical expenses, groceries, rent. it really helped close that gap. (whisper) go, go, go! (group) yay! go aflac! go duck! get help with expenses health insurance doesn't cover. find an agent. get a quote at aflac.com. wish we had aflac on our team. you can! (♪♪) >>> welcome back to "squawk box." we are live in paris this morning, and david solomon, goldma goldman sachs ceo is with us. >> i think first and foremost, it's sport and it's bringing people together. one of the things for me so inspire something to watch all the people fro

scarlet: you covered goldman sachs, morgan stanley. has the archegos disaster and the blowup impacted the way they operate? do you see them doing things differently as a result? >> it is hard to get a full window into what they are doing. in the immediate aftermath of the collapse, all risk management operations must have been on high alert. they were willing to look under every rock carefully. but the question is as we get further away, we are already three years past the archegos collapse. as we get further away, how long does this remain in your memory and how quickly does the allure of new promising attractive fees ensure that this fades away in the rearview mirror? scarlet: always good questions to pose, especially during bank earnings season. paul davies and -- on the archegos lessons banks may or may not learn moving forward. that does it for this hour of "bloomberg markets." we have green in equities right now with the s&p and nasdaq resuming their advance for this month. yields are coming down on the two-year and the 10 year 4

goldman sachs. tuesday, economic data with u.s. retail sales.anley and bank of america earnings. very interest-rate sensitive. wednesday, the fed releasing the beige book read per se, ecb decision and christine lagarde's news conference. netflix kicks off tech earnings. friday, fed speak from john williams and raphael bostic. my final thought. a look at the companies reporting earnings. goldman sachs, morgan stanley, bank of america. a lot of eyes on interest rate. a lot of eyes on the consumer. johnson & johnson, united. fascinating after what you saw with delta. what is the consumer doing? particularly after the weakness in the university of michigan data. american express are probably more interested than anyone else to kick off the week. not just because it is at the end of the week, but because the consumer is in hot focus. from new york, that doesn't farm us. same time, same day next week. this is "bloomberg real yield." and this is bloomberg. ♪ sonali: welcome to "bloomberg markets." i'm scarlet fu. we are roughly through halfway of today

goldman sachs adding another 62 points.d that's all part of the story. 30 minutes into the trading session. here are movers we're watching. shares of tinder parent match group in the green after activist investor starboard value built a stake of more than 6.5% in the name. got some reporting on what they're after there and i'll bring it to you in just a moment. more volatility hitting shares of trump media ticker djt, still up tunnel digits despite a fall this morning. watch the financials, bank of america, morgan stanley, charles schwab on the move after results. bank of america up 4% and brian moynihan will be with us later on this show to break down the numbers and what it says about the environment. >> busy morning with retail sales and business investors. let's get to rick santelli. hey, rick. >> good morning, carl. business investors for the month of may, expected to be up 0.5% delivered. up 0.5%. what's unique here is that's the biggest build in business inventories going back to august of '22 nearly two years. yield

goldman sachs and blackrock reporting eps beats.that stock along with jpmorgan and the xlf hitting records today. blackrock closing slightly lower. look at the regionals. the kre up nearly 3% today, hiting its highest level since mid december. morgan stanley, bank of america reporting tomorrow. can the financials continue to climb? goldman sachs achieving their strategic initiatives. they're on track. >> they've made some mistakes. they're also trading at an all-time high, so, good for him. if you pull up a stock during his leadership, it's done extraordinarily well under that 5 1/2, now 6-year period of time. good for them, and i this i the stock continues to work in this environment. i'll say this quickly about bank of america, as it made a multiyear high today. it's getting towards price to book value that we haven't really seen in bac in quite some time now. america it deserves a higher multiple than citi, which it gets, but at some point, it's getting a little too expensive. personally, i think 42 nat1/2, i think it's gotten a

goldman sachs almost 2.6%. but both doing very well. but let's call it as we see it. wells fargo, handicapped from the regulators from the year of out and out chicanery, last friday, the stock got hit. but today it managed to rally more than 2%. arguably, that's because the ceo talked about how the economy is growing weaker, and the loan business has gotten slower, something that will make it easier for the fed chair powell to cut rates which will be good news for wells fargo at this point in the business cycle. i think the bank stocks have had two problems with the government that could be solved by the election of donald trump to the white house. first, all banks are guilty until proven innocent whereas trump who created an empire on borrowed money believes the banks are plain innocent. particularly goldman sachs worked plus bank of america's report tomorrow are heavy to ipos and mergers acquisitions. the regulators are tough on ipos these days, so more important, the investment banks used to make a ton of money on mergers. we know the justice department has been ex

goldman sachs beat expectations on earnings today. bank of america reports tomorrow tell us how the consumer is doing a lot. united airlines and netflix later this week as well. well, as dive a little deeper into the ripple effects of the you know, the failed assassination attempt. but this does. >> sort of give that put wind in the sails of those who believe trump might win in november as a and that is happening. you know, that is playing with the mines of investors. i would imagine. >> yeah. and instantly when it happened on like as you can sell a lot of t-shirts with a bloodied president on china factories fired up within hours, start printing t-shirts that i find. that. so yeah, i know us. yeah. he's the best way to say it. but ultimately the film assassinations dominating want minds of wall street this week. a couple trump trade. it would likely imply higher inflation because we would do greater deficit spending night. the republicans or democrats have done a good job, cutting but trump was particularly good at cutting taxes in h

goldman sachs up .50%. >>> time for the global briefing.hina cutting rates for the first time since last august and bringing in around $27 billion of liquidity in the market. this is doing little of the chinese economic recovery. the hang seng down 1.5%. di disappointing earnings hit all around the world. stellantis with a 50% decline in profit in the first half of the year with weak sales in the u.s. renault posting a 33% drop of net income and flat revenue growth. nissan is not faring better in japan. sl slashing the full-year outlook. two pharma giants moving sanofi raising guidance thanks to strong demand for skin and asthma medication. astrazeneca beat expectations. >>> turning back to tech. shares of alphabet under pressure this morning. down .25% after yesterday's stock slide which was attributed to youtube ad revenue missing. the report hitting digital ad rivals meta and snap and pinterest. are google's ad struggles a o one-off or a sign of things to come? joining me now is david. great to have you here. >> good morning. >> glad you

goldman goldman sachs will release their second—quarter earnings on monday — with revenues forecast toer 15% year—on—year. on tuesday — we'll hear from bank of america. first first quarter profits fell 18% due to rising expenses caused by high rates. also on tuesday — investment banking giant morgan stanley will release their financial report card — with revenues expected to rise. for a closer look at the us banking sector, — let's speak with cyrus darawala from idc financial insights. thank you forjoining me today. let's get your take on what to expect from the latest earnings from us banks when they are released. from us banks when they are released-— released. sure. good to be back. released. sure. good to be back- the _ released. sure. good to be back. the majority - released. sure. good to be back. the majority of - released. sure. good to be l back. the majority of reports so far have been lackluster, and reason for that, though the banks have posted slightly better than expected profit, some half of them, half of them not, it is the longer term view that concerns us. as of right

unitedhealth and goldman sachs and caterpillar together are adding 280 points to the dow.ld fox, a local police officer, suspicious person at the pennsylvania rally 30 minutes, jonathan's areas in butler, pennsylvania with the new details. >> reporter: saturday's events, external and external investigations are going to look into whether opportunities were missed that could have prevented the shooting from happening in the first place. a lot enforcement source tells fox news digital a local officer took a picture of a suspicious man carrying what appeared to be a range finder and showed state police 30 minutes before the shooting and citizens alerted police, on a rooftop on top of the building which was part of a building complex being used by a police counter sniper team. in an interview the head of the secret service explained why there was not a law enforcement presence on top of that building. >> that building has a sloped roof at its highest point. there's a safety factor that would be considered. the decision was made to secure the building from inside. >> reporter:

the lowest call is goldman sachs, 140,000. randy croson or joins us now.this report? --randy kroszner joins us now. what are you focusing on? randy: in particular, wage growth. the fed has made it clear that until they are confident that inflation is going to be coming down in a sustained, systematic way, they ain't cutting rates. if wage growth continues to be around 4% or kicks up, it will be difficult for the fed to move inflation down to the 2% target. manus: mary daly says that we are near to the point where a benign outcome could be less likely. in her eyes, with an inflection point, do you think that we are at a tipping point, moving beyond benign, where it could become more malignant? randy: she's exactly right. when i think about the fed management, with the risk of interest rates going too high for too long, bringing interest down, that could mean a slowdown in the labor market. risks that are declared all clear. late 70's, early 80's, zooming up to double-digit levels. manus: are they right to use extreme caution rather than rolling the dice? ra

we will hear from goldman sachs.hat is coming up in the next hour. >>> also, later today, mario gabelli will join us. a long time paramount shareholder to make sure the skydance-paramount deal is going forward. he will talk about whehat thinks about it right now. "squawk box" will be right back. and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected. at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. energy fuels, a leading american uranium producer, is ramping up production to supply expanding nuclear markets and diversifying into rare earth elements, key ingredients in many clean energy and defense technologies. energy fuels. want to save on some of the b

part of the reason the dow is hanging is with names like goldman sachs and jpmorgan. chris, why are those moving like that today? >> i think they're moving like that today, it's actually a pretty good environment for banks, for financials, if you look how the political winds are blowing, we'll have less regulation, and that was means more m&as and more ipos. >> speaking of what is happening s. leslie picker follows the e'? can you draw a line between the fed chair on the hill and these wall street banks that are doing well? >> yeah, i think you can. bank investors have been watching very closely to see what happens. there's quite the boost, thanks to comments chair powell made about where regulators are at with basel game rules, they have been met with fierce the midst . >> statistic question we're continuing to try to make process is that have process. my view is the strongly held view of members of the board that we do need to put a revised proposal out for comment for some period. the reason is, you know, when there are broad and material changes, that's been our p

goldman sachs and jpmorgan chase reporting earnings in recent days. we are looking at small caps.ok right here. the russell 2000 climbing nearly 2% yesterday adding to its week-to-date gain of almost 7%. tom lee from fundstrat still banging the drum saying this may be the long cap rotation. we are starting to see upside moves. this morning, we are looking at the bond market with the two-year yield with the lowest level at 4.42. the benchmark 4.181. you have to remember at the beginning of the month, the benchmark was 30 basis points higher when it comes to the yield. we see a big move to the down side when it comes to the yield on the benchmark. >>> that is the money set up. we turn attention back to stocks with another batch of banks set to report this morning. bank of america and morgan stanley capping off a relatively strong earnings season for the big banks, including positive results for goldman sachs. ahead of the results, bank of america shares are up 16% since reporting three months ago and also trading at an all-time high. that is helping to lift the kpe 52-week and all-t

. >>> goldman sachs results are due out before the bell today.g forecasting second quarter revenue of $12.46 billion with earnings per share coming in at $8.37. they are eyeing banking revenue which the street expects to come in at $1.8 billion. >>> u.s. banks did kickoff earnings season on friday. jpmorgan chase topped second quarter expectations as revenue rose 20% and rose to $51 billion. investment banking fees took center stage surging 52% on the year. however, ceo jamie dimon struck a cautious tone in the release warning the current geopolitical situation is, quote, potentially the most dangerous since world war ii. it was a similar story at citibank with revenue growing $60-60 million. jumping 4%. the earnings picture is one to really look out for. we have been talking about whether those numbers would be continuously is stretched as interest rates peak as they look to be headed lower. are consumers now beginning to hit a point where they are struggling a bit? you see the revenues, particularly citi up 4%, as the investment banking side pu

goldman sachs sees an argument for potentially one this month. you are not as convinced, wise that -- why is that? >> our hsbc u.s. economist still thinks the core inflation could hover around 2.5% or 3% range. this gives an opening for the fed to start cutting but it may not be too aggressive from the start. so i want to take a more cautious and gradual approach. paul: in terms of foreign exchange, do you feel we are at peak u.s. dollar strength now? the consensus is firming around easing, just a question of how much and when. where to next for the greenback and against the yen? >> for the dollar, it is relative as well because currencies are all against other currencies. for the u.s., you have to consider the fed is cutting but not the only central bank that's cutting. a lot of g10 central banks are cutting and for a lot of them, there cutting from a space that's a lower base from the u.s. in terms of the yield differential, the u.s. dollar could look quite strong. the yen is a slightly different case. the boj is one of the few central banks in

sachs is wrong about this.s appearing to cast itself as a peacemaker in recent days, ukraine's foreign minister under minister kelly the chinese counterpart during the meeting outside of beijing yesterday that kivas open to talk to fresher connect to good faith senior officials from the palestinian hamas also signing an agreement on tuesday aimed at ending the division of building unity after talks in beijing, beijing wants to appear as if it's the diplomat of the world or peacemaker and despite that we no it is been helping or supporting russia and the efforts to crush ukraine. >> china made foreign policy gains, what it done and set fires around the world and it watched while the participants go to beijing to get china to act responsibly, that's exactly what happened with the ukrainian foreign minister, xi jinping greenlighted the invasion of ukraine and since then all in support and including lethal a aid, of course ukraine wants to go to china to get the most up to do that. yes beijing is trying to show its

lauren, looking at goldman sachs? lauren: 474 was a high for goldman and hitted to and 472. this is ahead of friday's big bang stark reporting and kicking off earning season and investors are looking for clues first rate cut could be in september. david: taiwan semiconductor company? lauren: hitting $1 trillion and makes sense because it's the largest chip foundry and have two $3 trillion customers, app and will nvidia and they hit $1 trillion in valuation. david: good old dominoes pizza? lauren: 499 and upgrade to outperform and set ago price target of 580 and like the strategy. david: good stuff. lauren, thank you. jason, good to have you here. appreciate it. coming up, it's congressman chip roy planning to remove the president and planning to talk to fellow congressmen about it this week and the congressman is on the show and new report from cdo that the nationalize is on pace to reach a national crisis over the next four years. president biden welcoming leaders of nato to washington tomorrow. but after numerous displays of physical frailty and mental weakness, how will h

we allegedly start with goldman sachs.r. jeff, you stick with goldman, ride it from here? >> you do. they had a phenomenal quarter. if you look, they brought in over $3 million. yes, this is an optimistic sign that capital markets are returning. look at the fixed income trading. back in the days when itches trading in the pits in chicago, we took notice what goldman was doing in trading. up almost 20%. asset management up nearly 30%. i think it's going to make new highs. hang on to goldman sachs. >> super micro. it's had a rouge run, and it's going to join the nasdaq 100 next monday replacing walgreens. what about snit. >> nice to see hands and face midday. thought you would be on the back nine. this is like a baby nvidia. if you look at where it started, trading about $285. to see this parabolic move, i think you take some profits. you never want to a short a name like this, you'll get taken now the a body bag. >> ulta beauty has several price target cuts last week. oppenheimer removed it from its topic list. this had bee

goldman sachs with a quarterly beat.y do cite some growth in global bank and end markets, as well as asset and wealth management. meantime, black rock beating on the bottom line, assets under management a record $10.6 trillion. revenue coming in just shy of consensus. as we said, larry fink this join us in the next half hour. they did say at black rock a wave of clients re-risking higher. >> yes, what people should know at home, we get the transcript while it comes out. and i circled immediately re-risk. what that says is that a degree of optimism, that i think is not exhibited in a lot of different places. this is where people decide i'm going to put my retirement money, and obviously big institutional clients. to see this says, well, maybe this is part of the reason why the market is so-called melting. >> they actually referred to people who have been caught in cash and have missed out on some outsized historic returns. >> and, remember, they make money no matter what. and i think that we have to talk to larry about th

i -- at goldman sachs for the group that helps small institutions and individuals. now call private wealth management. i've been buying individual stocks for myself and others for a half decade before i got to goldman in 1983 as a summer intern. at the time, i was watching financial news network between classes at harvard law school. that was the predecessor to cnbc. whenever i could, i would run over to the harvard business school library, where they had all these old research -- about stocks. on a cash basis. those of you who grew up with the internet have no idea how hard it was to access information in the 80s. if i like the company, i would have to ask a librarian for a microfiche. did they still have microfiche is? these were little pieces of plastic that you stuck into a machine, all of them were six months old by them. everything is online an instant and updated. the imperfections in the market back then were -- now everyone can know everything. more on that later tonight. i spent all week trying to find one stock that i thought would work. one stock that i

the banks goldman sachs and morgan stanley have been great place for investors to be in 2024.s capital market activity gradually comes back, and based on what we've seen over the past two days, i bet both stocks have maybe a lot more room to run. money recap after the break. . >>> coming up -- are the big funds in big trouble? cramer goes off the charts for a read of the averages, next. i'm sam, i have a three and a half-year-old puppy. levi is rambunctious, he's very active. so, levi's had to go to the vet because he was coughing a bit, and he ended up getting x-rays. it would have cost over five hundred dollars, had i not had fetch pet insurance. fetch provides coverage for all of this... and so much more! fetch protects over four hundred thousand pets. get paid back up to ninety percent on unexpected vet bills. fetch. the most comprehensive pet insurance. get your free quote today. >>> most difficult thing about this market is that until the last few days, investors keep getting punished for getting diversified. we saw that today as the dow jones industrial average came roa

we are also watching more second quarter earnings this morning, ramping up all week, goldman sachs will be out this morning. bank of america and morgan stanley will be out tomorrow. we'll get a window into earnings coming up. european markets this morning are lower across the board, take a look at the euro he zone with the ft 100 down 16, cac quarante down 28, dax index lower by 26. in asia overnight a mixed story, japan was down nearly 2 and-a-half percent, take a look at japan's k nikkei average down 2.45%, honk consistent down 1 and-a-half percent. joining the conversation all morning long, gop political strategist, mahek cook here, tricia a mclaughlin is here and cheryl casone is here. "mornings with maria" is live from milwaukee right now. and we begin with this fox business alert. president trump arriving at the republican national convention here in milwaukee last night, less than a day after an assassination attempt at his pennsylvania rally on saturday. the 45th president vowing the rnc will go on as planned with calls to unite, rather than divide the nation. fox business' grad

dani: goldman -- yahaira: goldman sachs trading power a surgeon earnings.er than earnings posted a year ago. all parent alphabet is in tops for its biggest acquisition ever. sources telling bloomberg the tech giant is aiming to buy cybersecurity startup wiz by as much as $23 billion. the acquisition would help google compete with microsoft and amazon in a competitive cloud market. blackrock says the 20-year-old gunman who shot and injured former president donald trump was featured briefly in an ad for the money manager. thomas matthew crooks was one of several students who appeared in the background of a 20 at and was unpaid. -- the 2022 ad and was unpaid. the ad will be removed from circulation. jonathan: coming up we will catch up with retired secret service agent jeff james. trump's ambassador to switzerland, edward bollen, and jim caron of morgan stanley as global investors ramp up the so-called trump trade. up next, the secret service under pressure. >> there is no way to catch this any other way than there was a security failure. there going to be har

you've got goldman sachs in the pull position there followed by intel but then jpmorgan and american express. goldman sachs is hitting a record high right now and again, you've got a lot of these big financial names roaring higher. how about citi? it's at a three-year high and so is bank of america and you can thank federal reserve chair jay powell for filling up the financials gas tanks for this run. powell testified before the senate banking committee just a few hours ago. oddly, his comments have both stocks and bond yields moving higher. you can see the 10 year yield at 4.30% at the moment. that's possibly due to this answer powell gave about interest rate timing, and warning, you will need a fork to dig through a little bit of word salad here. >> we know that if we move too quickly, we risk unnecessarily hampering economic activity and possibly interfering with the ongoing expansion. we know that if we move too slowly, that we may undo the good we've done. well actually it's the other way if we loosen policy too late or too little we could hurt economic activity. if we loosen po

we've got goldman sachs hitting another record. it's up $12 to $491 and change. let's bring in our floor show voices here options trader allen nuchman, andre monday james washington policy analyst ed mills. alan, i'm going to begin with you. what's the options activity you see right now? >> well first off, liz, hello. i'm at home in michigan so we're in the iron belt. this is where we mine the iron, that we turn into steel that makes america, that makes cars, so what's going to happen here is the resource markets really going to benefit from this action i think and i think that's where the risk reward is right now but if you look at the options market, schlumberger and halliburton in the last couple of weeks have had some money flow into those options which tells me something, and recently today, some interesting actions also happening in some of the bitcoin stocks. you've got coin, you've got clean spark -- liz: oh, my gosh bitcoin is roaring. let me just interrupt you. bitcoin is roaring higher right now it's up nearly 10% to 63, 561. president trump has said i

morgan chase, citigroup, goldman sachs.there is a fed. >> tech stocks have been carrying the market. >> is an interesting dynamic because jd vance has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khan has been doing at the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and the gop party platform, forget about drill baby drill it is mine baby mine you might have right platforms a marathon digital with big mining companies get a benefit in companies litecoin base and don't forget blackrock as they run the largest pot bitcoin ptf they've actually held up pretty well in the recent market volatility to. >> blackrock non- geraldo with the rnc will see wh

morgan chase, citigroup, goldman sachs.k: assuming there is a fed. >> tech stocks have been carrying the market. >> is an interesting dynamic because jd vance has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khan has been doing at the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and the gop party platform, forget about drill baby drill it is mine baby mine you might have right platforms a marathon digital with big mining companies get a benefit in companies litecoin base and don't forget blackrock as they run the largest pot bitcoin ptf they've actually held up pretty well in the recent market volatility to. >> blackrock non- geraldo with the rnc

a goldman sachs analysis predicts a 106 per increase in data center electricity >>>>demand when you have giant computer systems, whose job it is to create the ai models and then you have millions and millions of users who are sending those queries. to get questions answered that also uses a lot of electricity. >>>the problem is it takes about 10 times as much energy. to answer a chat gpt query than to ask the same thing in a normal google search, so there are a lot of dire predictions about what searching for cat videos using a i will do to the nation's power supply. but comey isn't worried, right now. it may be wide open. but he says those paying for the expensive servers will likely end up focusing a. i on applications that will make them money. >>>>ultimately, they have to pay for themselves. can tell you that chad gdp is great for entertaining 15 year olds are kids love it, but i don't know if that's a sustainable business model. right. it's probably they're probably not high margin customers, so >>>comey says new technologies are always a little rough around the edges. but it doesn'

goldman sachs raised spotify's price target, goldman citing the q2 results should build in the secondear. >>> piper sandler downgrading its target from 494 to $404. piper sandler saying it does not think it's enough to offset the several sources of market dilution for the company. >>> another retailer getting a downgrade. boot barn. it's lowering its price target down to 125, ubs saying is expects trouble and it has a more bearer macroview. >>> lvmh is declining after second quarter sales growth largely due to weaker luxury spending in china. other european luxury stocks in the red. gucci owner kaying down more than 3%. the others are all arch more than 1%. >>> and it's not just the luxury sector under pressure in europe. the german lender reports its first quarterly loss in 2020. it's taking a provision on a long-running legal dispute following the takeover of post bank. b np paribas falls despite the drop in the net interest income. >>> coming up on "worldwide exchange," the one word that every investor needs to know today, plus an earnings and revenue beat by alphabet. you can she

morgan chase, citigroup, goldman sachs.e is a fed. >> tech stocks have been carrying the market. >> is an interesting dynamic because jd vance has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khan has been doing at the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and the gop party platform, forget about drill baby drill it is mine baby mine you might have right platforms a marathon digital with big mining companies get a benefit in companies litecoin base and don't forget blackrock as they run the largest pot bitcoin ptf they've actually held up pretty well in the recent market volatility to. >> blackrock non- geraldo with the rnc will see what h

big interviews including having spoken to goldman sachs' david solomon. >> thank you.about david solomon's comments in just a moment. it is hot by the way, 95 degrees plus hot, but what else is hot, tough loss for team usa. coco gauff knocked out of the single's competition after what is going to be a viral moment, a big-time argument with the referee in the second set and want to bring your attention to what's trending all the way from tahiti where surfing is taking place. brazilian surfer gabriel me dina posting the highest single wave scored in olympic history. this shot capturing me dina in the air. it has gone everywhere. he is not on top of plastic. that is a shot. no ai, no photo shop or nothing. they captured him right there in that moment with his hand up. everybody is talking about it. on "squawk box," something else, goldman sachs' ceo david sol mon weighing in on the state of the economy. take a listen to what he had to say. >> look at mcdonald's earnings there's no question there are some shifts in consumer behavior and the cumulative impact of a long infl

and norway has taken the bold decision to bad diesel fueled ships from 2026, captain frank goldman sachs and fears he will lose his livelihood. as 0 admissions vessels become the only ones allowed to sail in the waters majestic mount. getting up from the deep blue water. the feud landscape on norway's west coast is breath taking the beautiful. it's a unique natural environment. attracting tourists from all over the world. many want to see the guy wrong, or if your most of all the trunk or boons sucks and make sure the giant cruise ships are able to dock for those of us living in our their crew ships our, our livelihood, or whether we work in the harbor for sale with a tourist, a lot of people live from tourism and have no alternative names off to the stall. how the general called tom, i'll see you. as soon as the ship has docked, the tourist pour into the village, shuffling between souvenir stores, restaurants and scenic lookout points. some $400000.00 cruise tourists visit this place every year. but now nobody's government wants to drastically reduce their numbers and above all band pol

sachs and a subsidiary of the italian banking giants in tessa. san pablo. have dumped at least $65000000.00 into dirty coal expansion. but the e u has been going around lecturing, nicholas will south, in particular on the need to do what 180 degree turn on cool, i guess. and we are working closely together on how to move from fossil entities to green entities. and we will have a conclusion of that and the dawn declaration signs together. also find me a virtually between our ministries of economy and a n c. we bothered with any due diligence on the supposedly regulated you. green funds is fair. bock is leading the charge then maybe by doing a 180 on cool that you really just meant a 360, china's top coal producer, china sion well and china resources. power holdings have also benefited from the u . blast green funding, helping to expand production, the cleaners. what size has block officials quote? very worried, but as climb as commissioner, i do get asked, what difference does the green deal make if you take into account that the issue is only responsible of

sachs have to contend with these objectives that seem contradictory.aul: uh, to what degree is the election in the u.s. casting a shadow and can we expect more clarity from beijing in 2025? rebecca: the u.s. election did not come up in discussions during that trip, but it's an overhang and in some ways is a muted response from beijing biding their time to see who it is they are dealing with and when we get past november. if we get trump, 60% tariffs are just the start of negotiations but it suggests an antagonistic and confrontational relationship and the backdrop is fbi in china fell to 33 billion u.s. dollars, 18% down and the comment from business groups is the companies in china are committed, they have to stay, but for small operations, they have pulled back, been hesitant and not convinced because of contradictory signals, waiting to see how much the self-reliance and push to innovate might cost foreign companies and private investment in china. paul: rebecca choong wilkins. plenty more to come, this is bloomberg. ♪ the future is not just going t

sachs and fears he will lose his livelihood as 0 missions vessels become the only ones allowed to sail in the waters majestic mountains, getting up from the deep blue water. the feud landscape on norway's west coast is breath taking the beautiful. it's unique natural environments. attracting, taurus spend all over the world. many want to see the guy wrong, or if your most of all the trunk or boons sucks and make sure the giant cruise ships are able to dock for those of us living in our their cruise ships are our livelihood or whether we work in the harbor for sale with a tourist, a lot of people live from tourism and have no alternative names off to the stall. how they to know called tom, out to you. as soon as the ship has docked, the tourist pour into the village, shuffling between souvenir stores, restaurants and scenic lookout points. some $400000.00 cruise tourists visit this place every year. but now nobody's government wants to drastically reduce their numbers and above all band pollution caused by marine diesel fuel. starting in 2026 ships that burn this type of fuel will no lo

morgan chase, citigroup, goldman sachs.ng the market. >> is an interesting dynamic because jd vance has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khan has been doing at the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and the gop party platform, forget about drill baby drill it is mine baby mine you might have right platforms a marathon digital with big mining companies get a benefit in companies litecoin base and don't forget blackrock as they run the largest pot bitcoin ptf they've actually held up pretty well in the recent market volatility to. >> blackrock non- geraldo with the rnc will see what happens there. >> bitcoin itself could run u

um, yeah, the brakes running but started off as a goldman sachs marketing slogan it was that adopted by the latest with as country . it's not play to me, they haven't had a lot to come in. i was india and i'm showing that richard fiscal arrivals. so maximize the export isn't sounded promising influences some as a reader said, i have tried to tries to the west as well as twice to china. authors are clearly in a and t less than i can. he could let me see the choice between them all that's significant. and in any case they are only um, you know, a small number of countries in a very large quote. so i skipped smoothly with the brakes itself. okay. um, in terms of a full with the international institutions. um we, i think that sure um is probably the was the most successful institution. oh um the old well daughter it was crisis on our way for much actual different position. there was a huge success of printing china in, in 2001. and since the, basically it's ground uh to a stand still, it's increasingly ignored by the us and showing that they've got their own way. the dispute has went bac

and norway has taken the bold decision to bad diesel fueled ships from 2026, captain frank goldman sachs and fears he will lose his livelihood. as 0 admissions vessels become the only ones allowed to sail in the waters, majestic mountains, getting up from the deep blue water. the feud landscape on norway's west coast is breath taking the beautiful. it's unique natural environments, attracting tourists from all over the world. many want to see the guy wrong, or if your most of all the trunk or boons sucks and make sure the giant cruise ships are able to dock for those of us living or the crew ships are our livelihood or whether we work in the harbor for sale with a tour and a lot of people live from tourism and have no alternative to live up to the stall. a hobby, a general called tom, i'll see you. as soon as the ship has docked, the tourist pour into the village. shuffling between souvenir stores, restaurants and scenic lookout points. some $400000.00 crews tourists visit this place every year. but now nobody's government wants to drastically reduce their numbers and above all band poll

goldman sachs is raising this as an issue. i believe par clays has raised this as an issue. as an issue, i've raised it, others have raised it. that doesn't mean we're right, but i think if you're an investor in these things it's a question you should be asking and looking for a safe place to land. just in case. and, you know, again, we've all seen this movie before. it doesn't have to end like, you know -- it doesn't have to end in a shootout. it can actually end going to the hospital and getting well. >> okay. always thought provoking roger mcnamee. thank you. >> my pleasure. >>> watching shares of boeing today after the company pled guilty to a criminal fraud charge tied to the 737 max crashes. phil lebeau joins us with more on what this means for the company. phil, was this a big surprise that they pled gilt guilty. >> no, it is not a surprise. this was widely expected by many people. boeing didn't want to plead guilty but the doj has been adamant that it has to be as forceful as possible and this is probably as far as the doj could go without actually going to trial. so

morgan chase, citigroup, goldman sachs. assuming there is a fed. >> tech stocks have been carrying the market. >> is an interesting dynamic because jd vance has come out with an anti-big tech in a rare show of bipartisanship in washington and likes what lina khan has been doing at the ftc you might have more concerns about enforcement of the likes of amazon and also but but at the same token, a.i. is not going away, nvidia and chip stocks have already had their day you might start to see cavities like microsoft and apple in software and services side get some of the a.i. boost. jack: crypto, jd vance is a fan and trump is a revelation on the. >> crypto's and the gop party platform, forget about drill baby drill it is mine baby mine you might have right platforms a marathon digital with big mining companies get a benefit in companies litecoin base and don't forget blackrock as they run the largest pot bitcoin ptf they've actually held up pretty well in the recent market volatility to. >> blackrock non- geraldo with the rnc w

sachs and fears he will lose his livelihood. as 0 admissions vessels become the only ones allowed to sail in the waters, majestic mountains, getting up from the deep blue water. the feud landscape on norway's west coast is breath taking the beautiful. it's unique natural environment, attracting tourists from all over the world. many want to see the guy wrong, a fjord. most of all the trunk or boons sucks and make sure the giant cruise ships are able to dock for those of us living or the crew ships are our livelihood or whether we work in the harbor for sale. with a tour, a lot of people live from tourism and have no alternative names off to the stall. how they to know called tom, i'll see you. as soon as the ship has docked, the tourist pour into the village, shuffling between souvenir stores, restaurants, and scenic look out points. some $400000.00 crews tourists visit this place every year. but now nobody's government wants to drastically reduce their numbers and above all band pollution caused by marine diesel fuel. starting

sachs, and the subsidiary of the italian banking giants in tessa. some pablo have dumped at least $65000000.00 into dirty coal expansion, but the e. u has been going around lecturing the global south in particular on the need to do what 180 degree turn on cool. i guess. and we are working closely together on how to move from fossil entities to green entities. and we will have a conclusion of that. and the dawn declaration assigned together also find me a virtually between our ministries of economy and to n. c. we bothered with any due diligence on those supposedly regulated e. green funds is bare, bach is leading the charge then maybe by doing a $180.00 on cool that you really just meant a $360.00, china's top whole producer, china sion well and china resources. power holdings have also benefited from the u . blast green funding, helping to expand production, the cleaners. what size has block officials quote? very worried, but as climb as commissioner, i do get asked, what difference does the green deal make if you take into account that the you is

um, yeah, the brakes running, but i started off as a goldman sachs marketing slogan. it was that adopted by the latest with as country . it's not play to me, they haven't had a lot to come in. i was india and china are cheapest for rifles. so maximize the export isn't selling. commodity influences some, as a reader said, i have tries to tries to the west as well as twice the china authors are clearly in a n t west. and i can obviously the choice between them all that's significant. and in any case, they are only um, you know, a small number of countries in a very large quote. so i skipped smoothly with the brakes itself. okay. um in terms of a full with the international institutions. um we, i think the be sure is probably the was the most successful institution, all feel well daughter, it was crisis on a way for much of actual different possession. there was a huge success of printing china in, in 2001. and since the, basically it's ground uh to a standstill, it's increasingly ignored by the us and showing that they've got their own way. the dispute has went back int

sachs, and the subsidiary of the italian banking giants in tessa. some powerful have dumped at least $65000000.00 into dirty coal expansion, but the e. u has been going around lecturing the global south in particular on the need to do what 180 degree turn on. cool. so i'm guessing we are working closely together on how to move from fossil entities to green entities. and we will have a conclusion of that. and the dawn declaration signs together. also try me a virtually between our ministries of economy and a n c. we bothered with any due diligence on the supposedly regulated e. green funds is bare, bach is leading the charge then maybe by doing a 180 on cool that you really just meant a 360 china's talk whole producer, china sion well and china resources. power holdings have also benefited from the u . blast green funding, helping to expand production, the cleaners. what size has block officials quote? very worried. but as climate commissioner, i do get asked, what difference does the green deal make if you take into account that the issue is only re