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Feb 29, 2024
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i'm anna edwards alongside guy johnson and kriti gupta.
i'm anna edwards alongside guy johnson and kriti gupta.
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Feb 14, 2024
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tom: kriti gupta on the show there.w, amidst all the focus on the macro yesterday, there was a corporate story that stood out out of the u.s.. this is the ride-hailing company lyft. what a session at hand. the earnings came out positive. they had a decent quarter. they also adjusted their outlook. they've adjusted earnings as much as 11% higher than estimates. bookings ahead of expectations. look at the move in the stock price. at one point, you saw a 67% top to the share price. why was that? they flagged in their initial press release, margins increasing by 500 basis points. yes, 500 basis points. here's the caveat. the cfo came in an hour after that. actually, that was a clerical error. not 500 basis points. 50 basis points. and then you saw the stock correct on the back of that. that's quite the clerical era -- era. saying they've never seen an error like this in almost 20 -- 25 years. whoever typed in that extra zero on that initial press release is going to be feeling the heat. there you go. we will continue to foc
tom: kriti gupta on the show there.w, amidst all the focus on the macro yesterday, there was a corporate story that stood out out of the u.s.. this is the ride-hailing company lyft. what a session at hand. the earnings came out positive. they had a decent quarter. they also adjusted their outlook. they've adjusted earnings as much as 11% higher than estimates. bookings ahead of expectations. look at the move in the stock price. at one point, you saw a 67% top to the share price. why was that?...
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Feb 13, 2024
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kriti gupta joins us. but part of this inflation print are you going to be looking at, scrutinizing when it comes out later? >> it's a seesaw between the services and goods inflation. we have seen it coming down, outpacing where the deceleration is coming from. bloomberg economic saying this is where will flip. services inflation while out pace the goods story in a downward fashion. i think the sticky points is the housing piece of the equation. we talked about how services exhilaration has a lot to do with wage growth. rage growth remains high. starkly, the fed has never cut rates in the face of a strong labor market. the housing piece is starting to seem like it's making up a bigger portion of that services piece. if you are not seeing the deceleration in housing prices, that is the question of whether or not services will continue decelerate and. we are going from three point 4% year-over-year to 2.9 percent. that's a big margin of drop. tom: we scrutinize housing within the services part. what about th
kriti gupta joins us. but part of this inflation print are you going to be looking at, scrutinizing when it comes out later? >> it's a seesaw between the services and goods inflation. we have seen it coming down, outpacing where the deceleration is coming from. bloomberg economic saying this is where will flip. services inflation while out pace the goods story in a downward fashion. i think the sticky points is the housing piece of the equation. we talked about how services exhilaration...
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Feb 28, 2024
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let's bring in anchor kriti gupta for the details. one of the main sticking points? kriti: it feels like we are on repeat in terms of the drama in washington, d.c. we are dealing with potential shutdown at just the end of this week. but first apartment that gets hit will be veteran affairs. a lot of the military spending that goes toward people who served abroad, health benefits, it is the first department that gets hit. i think as of march 8. you see the countdown. as more veterans get impacted, it becomes a bigger political issue. the sticking point comes down to foreign policy on three fronts. aid to ukraine, aid to israel with defense spending, and how much will be tackled in terms of the border with mexico. i will walk through these. let's start with israel defense. you are seeing more people dive into it, but it is becoming political in terms of the election in november. specifically for president biden. the last one to four hours you have gotten the michigan primary. michigan is home to the largest muslim population in the entire country. this is something he
let's bring in anchor kriti gupta for the details. one of the main sticking points? kriti: it feels like we are on repeat in terms of the drama in washington, d.c. we are dealing with potential shutdown at just the end of this week. but first apartment that gets hit will be veteran affairs. a lot of the military spending that goes toward people who served abroad, health benefits, it is the first department that gets hit. i think as of march 8. you see the countdown. as more veterans get...
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Feb 15, 2024
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kriti gupta joins us. the third market -- largest company by market cap. kriti: it surpassed amazon as well, so it is on a row. some would argue it is justified because of this new entry into server chips, this big ai demand. others would call it height and width technicals you can see nvidia as been in oversold or overbought territory for the majority of this year, so from a positioning standpoint it is ready. there are a lot of people standing on the sidelines waiting to take gains, but this is a classic example of momentum you do not went to get in front of, and that is where you are seeing this massive gain for nvidia in taking with it some of the other chipmakers as well. sympathy trade is a very real from chipmakers to actual chip stocks as well around the world continuing to rally on nvidia, even though nvidia is rallying on its own fundamentals. everyone at a piece of the cake. a lot of hedge funds reported what they had to, and almost all of them had some sort of ai play on their balance sheets. tom: we love doing a deep dive into hedge and others
kriti gupta joins us. the third market -- largest company by market cap. kriti: it surpassed amazon as well, so it is on a row. some would argue it is justified because of this new entry into server chips, this big ai demand. others would call it height and width technicals you can see nvidia as been in oversold or overbought territory for the majority of this year, so from a positioning standpoint it is ready. there are a lot of people standing on the sidelines waiting to take gains, but this...
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Feb 19, 2024
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kriti: welcome to bloomberg markets. i'm kriti gupta.euros over investigations, allegations it silenced music streaming rivals including spotify. i want to bring in matt blocked a walk us through the story. historic in a lot of ways but some would say it doesn't matter because the 500 million euros is something like 11 hours of revenue for apple. matt: this goes back to a complaint that spotify made in 2019 about alleged anticompetitive practices around its services in the store. we were expecting the eu to come out with this fine maybe next month, working out the details, but it is irrelevant in a number of ways. even though it feels big, it is not big at all to apple. since then, the european union has moved forward with the various digital legislation, the digital markets act. apple came out with a big press statement saying we are changing how we do business in the eu markets. a lot of what they are changing response to the alleged anticompetitive practice that were at stake in this case. the main thing here is that apple wasn't lett
kriti: welcome to bloomberg markets. i'm kriti gupta.euros over investigations, allegations it silenced music streaming rivals including spotify. i want to bring in matt blocked a walk us through the story. historic in a lot of ways but some would say it doesn't matter because the 500 million euros is something like 11 hours of revenue for apple. matt: this goes back to a complaint that spotify made in 2019 about alleged anticompetitive practices around its services in the store. we were...
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Feb 16, 2024
02/24
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. ♪ anna: this is bloomberg markets today alongside kriti gupta where the cash trade is less than anere's what you need to know.
. ♪ anna: this is bloomberg markets today alongside kriti gupta where the cash trade is less than anere's what you need to know.