streaming service netflix is still ahead of company such as the ones you mention are some prime hulu disney plus apple processor h.b.o. moxa but it's a key challenge at moving forward right now it's a might be up financial war on netflix has a long and long resisted offering a free app that supported tier of service while highly leveraged itself in enough very intensive content development bottle to capture a streaming industry and that can pose a very big problem in the medium long term if it doesn't montane their current growth rates by jose luis de haro our financial correspondent in new york thanks for keeping us up to tact. the european central bank chief christine legarde has called on euro zone leaders to come to an agreement quickly on a coronavirus recovery plan after its latest meeting the c.b. held back from topping up its vast pandemic stimulus for the euro zone the guard said that europe's economy was rebounding from the pandemic and probably passed the low point he said they had massively relaxed its monetary policy to respond to the crisis over the past few months but she sai

when it comes to the international market, where do companies like netflix and hulu and disney have moreal to get growth? everyone wants to look to china, clearly. india is an enormous market. i think there are opportunities there. disney is much more western focus. lays better in europe. but there is an enormous popularity in asia as well. great having you with us. if you are away from a screen, you can noise find in-depth analysis in the days big news acres on bloomberg radio, broadcasting live from our studio in hong kong. listen via the app. plenty more ahead. stay with us. ♪ shery: let's get a quick check of business headlines. betting against tesla might not be a good idea. he is a longtime critic of elon musk. but he told bloomberg he does not have any wagers. skeptics say it is grossly overpriced. he says it is not convinced. i don't see this business being able to generate cash. shorted at your own risk. i wouldn't do that. fixed income trading triple. a 70% surge. amid wild market swings caused by the systemic revenue growth. profits at the consumer banking unit felt 98% in the

i like disney with espn, with hulu, with disney plus i think it's a more diversified business i thinkgetting into 2025, we'll get back to that 7% a year growth rate over that period. i like disney. it's a safer way to go >> all right those trades for you thank you very much for weighing in we have more trades straight ahead, including unusual activity that's jon's latest trades based on moves he's sighing inseeing options market ike walking into the chocolate factory and you won a golden ticket. all of these are face masks. this looks like a bottle of vodka. but when we first got these, we were like whoa! [laughing] my three-year-old, when we get a box delivered, screams "mommy's work!" mommy's work. with this pandemic, safety is even more important to make sure we go home safe every single day. i was drowning in credit card debt. sofi helped me pay off twenty-three thousand dollars of credit card debt. they helped me consolidate all of that into one low monthly payment. they make you feel like it's an honor for them to help you out. i went from sleepless nights to getting my money ri

producers of color and will be made available across disney's units that will include walt disney television, espn, hululready had the huge premier weekend of the "hamilton" musical on disney plus streaming service. everybody i think i know watched that thing. the film version of the hottest show on broadway boosted disney plus app downloads 74% in the united states. seeing nearly half a million downloads over the weekend. yep, there's disney up more than 1.5%. >>> well, from james madison to barack obama, the iconic american haberdasher that outfitted 41 of the 45 u.s. presidents may be leaving office. charlie gasparino has the details on a possible brooks brothers bankruptcy. charlie? charlie: yeah. i know bankruptcy sounds bad and it is bad. brooks brothers is bleeding money and the current economic downturn hasn't helped matters much. the company is moving closer to a bankruptcy filing, sources are telling the fox business network, but at the same time, there's also an interesting i guess you might say bidding war for the company's assets. there are at least two potential bidders that are talking ab

this deal involves several disney platforms, including espn, hulu, pixar and the undefeated.he project is a docuseries chronicling the journey of copper neck over the last five years. the former 49 49ers quarterback has a six episode series that will be on netflix. >>> it will be northern california versus southern california to open the baseball season. the a's will host the los angeles angels beginning july 24th. the a's play 16 games at the coliseum. they'll face the giant six times in their 60 games, including a weekend series at the coliseum in mid-september. the giants will open the season on july 23rd against the los angeles dodgers. the giants face the dodgers 10 times in the first 33 games. the giants host the a's in the bay bridge series beginning on august 14th, a week later the giants face old friend madison baumgarten and the arizona diamondbacks at oracle park. >> is a new poll out focusing on the stadiums of the a's and the giants. they asked 9000 people to raid ballparks. oracle park was rated number one. they like the views, the delicious food, the stadium la

hulu. now they're at disney plus the list goes on and on.s goes to the bare case for netflix story, how much money will they spend to acquire for create new content expected to spend $17 billion. when you get a curve ball like what disney just did putting on "hamilton", i've watched it twice over the weekend, it's sticky stuff so you know there's a an arms race and negligent free cash flow associated for content spend. i think the period of time we've been talking about for years, all that competition will come, well, it's here now. even with more content then you think of creating content will be an pause for a very long time you need a deep catalog. some of the new net works like peacock and things that disney has have deep catalogs so i expect the growth early of the pandemic to level off a little bit. >> i get the whole content blackout period, need for in-depth catalog but longer term. it's only problem on content if you can't raise the money. and netflix doesn't seem to have that problem with the stock going the way it is. >> the quest

i'm finally getting disney plus and hulu. getting the whole thing.et's take a look at what is going on in the east bay hills. an absolutely gorgeous shot. you can see a few high clouds out there. that is some of the mid and upper level moisture that could spark a thunderstorm over tahoe today. the air mass once we reveal the sunshine, just slightly warmer by a couple degrees. high temperatures will orbit average levels with the warmest temperatures this weekend. so you can see the clouds hang around longer than yesterday. and it will cling to the coast like it did yesterday with just some spotty sunshine this afternoon. let's take a look at average in the south bay from 81 to 84. up the peninsula, 81 at palo alto. 63 along the peninsula coast. upper 60s in downtown. you can see in pap ink can hcan. and cloverdale northward, low to upper 90s. and along the east bay shore, richmond a breezy 72. everyone else in the mid to upper 70s. 74 in oakland today. and the tri-valley, mid to upper 80s and 90s pittsburg, antioch and brentwood. tonight, it looks a l

that netflix has and streaming broadly, not just netflix, this is benefitting prime video, hulu, hbo max, disney+ obviously, everyone is benefitting, i think that the expectations are pretty low for q3 and i wouldn't be surprised to see that number come in meaningfully better, especially outside of the u.s. those numbers look pretty -- that expectation just feels conservative but, look, a lot could change over the next few months vaccine wise. we'll see where we are my guess is that they crush that 2.5 million forecast. >> just a general question, i guess, a little bit of a plug for peacock. have you noticed like a minute worth of ads is no big deal? i don't even notice it i watch the little thing go -- and i'm almost done and then i'm really -- then i'm done. that's because we're used to four minutes of ads. it's like -- i mean, it really is not bad to watch. i don't mind 30 seconds or a minute worth of ads and i don't have to pay for them. >> look, the reality is a lot of people are not paying for peacock. if you're not paying for peacock, five minutes an hour is almost nothing it's a far bett

business that is thriving during covid is the streaming part of disney's business that's disney's plus as well as huluems like "hamilton" last weekend was a huge hit for disney we will learn more about streaming numbers, streaming additions when disney reports the next quarterly earnings. back over to you >> julia, thank you very much. >> thanks, andrew. >>> for more on what this means for disney, let's bring in alexia quadrani and tana mobi. welcome to both of you folks you both have buy ratings. alexia yours is overweight one of the things i noticed in your notes, your only anticipated revenue comes as a little bit of a shock for me being shut down in theaters. why do you think it's only 2.8%. i didn't realize that was such a small part of the overall business >> that's a great question becky, good morning. things have been very fluid the last few weeks and months. we're now seeing spike in cases in florida there's no question we talk about reopening. this is coming at a very inauspicious time for disney that being said, i think there's a lot to be said about, you know, steps that the company have t

the journal says disney has ads for disney plus promoted he havely -- heavily on this year $210 million this year on ads for the streaming service through june huluer divisions as well that you can see here and that's a big name to watch. a big move there but also a small dent as facebook generates about $70 billion a year from ad revenue. $70 billion total so brian it may seem like a drop in the bucket still a big brand name joins the wall of brands that we just talked about putting the pause button on facebook and instagram spending back over to you. >> all right thank you very much. let's talk more now about the story and bring in the editor in chief. stephanie, welcome back. what is this move by disney tell you? do you think it's a real long-term change >> i think it's a long-term change but i think that it's complicated. i think that certainly there's pressure on disney as there is on a lot of organizations to rethink their ad spending on facebook because of the hate speech issues but i suspect that there are lots of other forces at work here there's a reason why some of the other social platforms that have addressed hate speech on their pla

disney plus spent $200 million on facebook in the first half but has pulled that along with its advertising of hulur companies have pulled ad spending over facebook's handling of hate speech and misleading content. the influx of investment in india's tech sector your is encouraging its own mega startups to go public. the first one might be the online insurance platform policy bazaar which is backed by softbank. that's get the details from bloomberg's tech reporter in bangalore. noteworthy?ipo the first in the ipo flood in india in the next two or three years, at least half a dozen technology startups large ones such as customer engagement startups. they are looking to go public in the next 24 months. this is in the backdrop of many global technologies companies such as uber and lyft having underwhelming debuts on the stock exchanges. wework had to jettison its ipo positions. since then, indian stocks have been focusing on economics and profitability. in these ipo's could offer investors -- infuse more investments in india's digital startup ecosystem. any more specifics, any more details on this ini

the "journal" says disney is also pausing its millions of dollars in ads for its streaming site hulu off face booked-owned instagram. cable channels like freeform and also espn along with abc, hard to come by in terms of ads on facebook these days. facebook makes around $70 billion in annual advertising revenue from over eight million advertisers but it would really take a sustained boycott from its biggest advertisers to really put a significant dent in a company's financials, right? stuart: well, do you think it's possible that some of these companies are pulling back on advertising because that's what they want to do? it's nothing to do with facebook -- susan: might be. why not get the collective i guess pat on the back if you are doing it also on civil rights grounds as well. stuart: you get the point on p.r. for doing that with facebook. you are helping yourself, saving money in a bad time. maybe so. susan, thank you very much indeed. >>> look at nikola. that stock went tumbling. the s.e.c. -- it says nikola is going to offer 24 million common shares. that means the dilution of