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best bit by my daughter singing sweet song of daughter singing sweet song of melodies pure blues caribbean salenow on. visit sandals.com or call 1-800-sandals. ♪ paul: shares closed sharply lower in new york after the chip design company held off on boosting its annual forecast. but rene haas says he's still optimistic about the longer term outlook. >> the way i think about it is as follows. this is our fourth quarter as a public company. it is our fourth quarter of record revenues. as you saiders we smashed it last quarter over $930 million of revenues. superhappy about the quarter. last quarter, 90 days ago, we raised the annual guidance about 8% to 10%. we looked at the year, we didn't feel the need to raise expectations again. that's really just the backdrop. it's quick simple. we raised the guidance for the year last quarter. record quarter this quarter. and we're maintaining that point. reporter: is there anything you can tell me about specific markets that you serve where you see some causing or hesitation but you're able to see whatever is it holding you back? >> remember we had two com

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. ♪ (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on.dals.com or call 1-800-sandals. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. >> we never want to overreact to any one month's numbers and if you backup the last half of 2023, you know that the market said there might be seven cuts for the year. and then a month would come in, and the seven would drop to three and then there was a group saying there might be an increase. the job of the central bank is to figure out the through line and to move in a steady way. sonali: i am sonali basak and this is bloomberg grill yield and that was austan goolsbee speaking with us just moments ago. with us is k her -- kay herr and steve brown. when you look at jp morgan they are in line with citigroup. a call for a 50 basis group cut with one in september and in november and another maybe before september. kay: i need to clarif

. ♪ (♪♪) (♪♪) (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on.r call 1-800-sandals. francine: the market value of novo nordisk is bigger than the danish economy, and its philanthropic foundation is now the world's largest, with more than double the assets of the gates foundation. i asked lars fruergaard jorgensen how he handles the company's success and his approach to corporate culture. so, are you enjoying success, or is it -- with it, does it also bring a lot of responsibility? lars: i took over as ceo at a time when our share price had just been cut by 40%. we were in no-growth, or low single-digit growth, and it is much harder to invest in the business, do things you want to do, compared to what the opportunities are today. so i enjoy that, but obviously, it also comes with many challenges about how to sustain the success of a company that is enjoying success. francine: lars, what kind of leader are you? or what kind of leader would your employees say you are? [laughter] lars: well, you should ask them. i hope they would say that i'm authent

avalarahhh ahhh (♪♪) (♪♪) (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on.sonali: this is bloomberg markets and i am sonali basak. elliott management is reportedly telling clients that nvidia is in a bubble land and it is skeptical of the ai high. take a look at trading volume, the blue line showing average volume. the white line is today. the bloomberg estimates 500 million shares traded by 4:00 p.m. we reported on all of this and i want to touch back on the note that elliott was saying. being kind of one to lean on the fear factor is not strange for paul singer and elliott. how did you read this? >> the report said that elliott came out here really being not unsurprisingly bearish on nvidia saying that he is skeptical that companies will still be relying on the processing units. he said the applications are not ready, ai is overhyped and it will not be cost-effective. it is not going to work right and will take up too much energy or bn trust rose. bold length -- or be untrustworthy. bold language and that is why the stock made up only a tiny portion of the

. ♪ (♪♪) (♪♪) (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on.r call 1-800-sandals. francine: leena nair is used to breaking convention and changing norms in the workplace, including her transition from unilever and human resources to becoming the chief executive of one of the most prestigious names in luxury. she tells me how chanel is positioning for the future of fashion and what it means for her legacy at the iconic firm. how difficult is it for a big luxury company to be sustainable? i mean, you have very ambitious goals. leena: i'd like us to set the bar for luxury. i would like other luxury players to be inspired by what chanel does every day. we are one of the few luxury players that has now publicly set a goal of net zero 2040. so we want to really reduce our carbon emissions. so, for example, we are -- in carbon emissions we are reducing our logistics, transport, and carbon footprint to do it digital. chanel.com saw an increase in traffic of 30%, with a 16% reduction in carbon footprint. francine: how much of this comes from, i guess, t

. ♪ (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on.ur business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo jonathan: equities on the s&p 500 following through from the gains yesterday some positive follow-through up a 0.4%, yields are higher on 10 year bonds. after drifting lower. i say drift plunging of the previous five days down by 25 basis points, under surveillance this morning what's the question. >> whether the totality in the evolving outlook in the balance of risk are consistent with rising confidence and inflation and maintaining a solid labor market. if that test is met a reduction or policy rate could be on the table as soon as the next meeting in september. >> the u.s. jobs report tomorrow kicking off a quartet of key data points. with two more cpi prints and other jobs report before the central bank meets once again. jonathan if ubs writes this, the fomc is un

. ♪ ♪ (♪♪) (♪♪) (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on.ls. ( ♪♪ ) morgan stanley is partnering with the women's tennis association to remove boundaries... ( ♪♪ ) because this game is for everyone. jonathan: payrolls one hour and 41 minutes away. the number you're looking for on the headline print, 175. we are down another one percentage point on the s&p 500. bonds are rallying. yields are lower. we are rallying for the seventh consecutive session. 10-year, 393.95. all eyes on the labor market. >> the labor market is not necessarily on the precipice of breaking. we have seen a loss of momentum. nonfarm payrolls with increased volatility but an average pace of over 200,000 thus far for 2024. that's indicative of a relatively solid labor market. jonathan: counting down to the july jobs report at 8:30 eastern. the median estimate calling for 175k. sarah house has this to say. our previous call was 180. we are incorporating the jobs market data in the last few days. sarah joins us for more. that's a good place to start, the data in the last few

. ♪ (♪♪) (♪♪) (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on. or call 1-800-sandals. tom: welcome back to "bloomberg daybreak: europe." the losses across asia continue to extend. earlier in the session we had a circuit breaker kicking in in japan and now the kospi and south korea falling more than 8% triggering a circuit breaker. tech is part of the selloff story in south korea and the concerns there. the readjustments to concerns that may be the fed is behind the valuations around tech have been stretched in the selling pronounced in south korea. a similar pitch in japan where the nikkei is down close to 10%. a brutal day for asian equities. let's get back to geopolitics. in terms of the geopolitics, israel is in focus once again bracing for attacks in terms of potential retaliation for assassinating the hezbollah and hamas officials last week as the u.s. presses for a cease-fire deal. according to axios, secretary of state antony blinken told g7 foreign ministers yesterday that an attack by iran and hezbollah could begin as early as today. wal

visit morethannormalaging.com in (♪) (♪) (♪) (♪) sandals rhythm and blues caribbean sale is now on.m or call 1-800-sandals. >> kamala has not officially named her pick for vp just yet. it could happen as soon as this weekend but the cat might be out of the bag. courtesy of the mayor of philadelphia who may or may not have accidentally posted this video on her instagram. >> i can't think of a better partner than our governor. >> jesse: getting behind kamala harris. >> kamala harris for president spee and joshua pero for vice president. now we need you. >> what does the mayor know that we don't? the harris campaign give us no comment on the philly mayor trying to play it off like they meant to post the video. it's not an announcement it's an endorsement they said. and according to a philly journalist somebody is in big trouble. he says a staffer on the mayor's campaign was supposed to upload the video on monday. but he pushed the wrong button. makes sense. schapiro was the front runner. com lamÈque needs pennsylvania she wants to win. schapiro has skeletons in his closet accused of pa

. ♪ (♪♪) (♪♪) (♪♪) (♪♪) beaches rhythm and blues caribbean sale is now on.let's take a look at how futures in europe are opening. at the moment, a bit of a mixed bag. just when you thought all the right action was out of the way, no, bank of england up next. investors last night placing a 50% -- 57% chance that we will see a quarter-point cut down -- in the rate, 25%. most economists expect we will get a new set of growth and inflation forecasts for the u.k. as well. also waiting on inflation data out of the euro zone, so that is something to keep an eye on. in the meantime, the british pound the moment kind of flat against the u.s. dollar. that is it from "bloomberg markets asia." "horizons middle east & africa" is up next. this is bloomberg. ♪ ow! uh oh. you, ok? no... i mean yeah. -just hit my melon. -yikes! should we see a doctor? i can't tell a doctor i slipped on a toy. i'm a triathlete! i had a concussion. most happen doing ordinary things. sometimes the tough thing to do is to get help to prevent serious damage. i like your sensitive side. don't mess

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. (♪) (♪) sandals rhythm and blues caribbean sale is now on.ls.com or call 1-800-sandals. >> welcome back america. we are here is one of great constitutional scholars and professors on i mean that. also one of the most courageous. because he is a professor at george washington law. i'm sure he i hope he is tenured. that being said i want to get a bit in the constitution, the attack on the supreme court and at all really essential to free speech and the other unalienable rights we enjoy as american citizens. you have written eight seminole book a book that is crucially important for this time right now in this country the indispensable rights to free speech in an age of rage. there it is. this is a must read for anyone who cares about the future of this country you can get it at amazon.com, any major bookstore and i am not kidding about this. i thought i knew a lot about the first amendment i still think i do but i know twice as much now having read this book is a sas aseminole book so jonathan turley, this war on the supreme court which is now

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[music playing] (♪) (♪) sandals rhythm and blues caribbean sale is now on. you know, kamala harris never discussed front and center, the fact is, she lied to us years about joe biden's mental abilities. she lied to us right after the debate. she's lied about numerous positions, she is now taking the opposite of the positions held before us not flip-flopping, that is a serial liar. kamala harris is a serial liar, hard-core radical, not trying to conceal her record as the media were trying to conceal biden's dementia for all these years. her record is that of the most radical marxist islamic's supporting candidate in american history. no wonder democrats don't want an open primary, they don't want the challenger, no wonder she's hiding out as if she's hopping joe biden. see you tomorrow night on life, liberty and levin. ♪

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(♪) (♪) sandals rhythm and blues caribbean sale is now on. visit sandals.com or call 1-800-sandals.s weekend. in the meantime, that'll do it for us here. let's go to "the five." ♪ ♪ >> jesse: hello, everybody. i'm jesse watters on the judge jeanine pirro, jessica tarlov, kennedy, and jimmy failla. it's 5:00 in new york city, and this is "the five." ♪ ♪ the liberal media is head over heels for kamala harris but fear the vp could break their heart wants voters to paying attenti attention. >> kamala mania. kamala mania. just energy, energy, energy. she has not done any major interviews. optioning for her to do well there are not. she certainly has a chance to debate trump yet. there are things in the running but where she is right now, sometimes the person makes the moment and sometimes the moment makes a person. this was a moment that was crying out for some kind of breakthrough, some kind of hope. >> jesse: now while kamala has been getting glowing media reviews, she has not answered reporters question since democrats tossed biden aside and anointed her the nominee. until last night

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