like many banks, commerzbank is benefiting from a rise in interest rates.raising its guidance for next year and announcing a more than $600 billion buyback. >>> coming up on "worldwide exchange," we have the one word every investor may need to know and why investors may want to pump the brakes on an enthusiastic rate cut next quarter. >>> and robinhood reporting lower estimates due to lower kr crypto volumes. >>> toast shares are getting burned. it low eer ers its upper range full-year revenue and posted its quarter thanks to top line growth and efficiency. the shares are down right now, almost 19%. >>> spirit aerosystems says its plans to raise capital via stock and debt offerings. this is as they're slowing aircraft deliveries due to production issues, inflationary pressures, and supply chain demands. shares are down. >>> much more "worldwide exchange" coming up in just a moment. (adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. at ameriprise financial, our advice is personalized, based on your goals, whatever t

commerzbank numbers coming out as our admiral. if you look at their share price, you have started to see pressure under commerzbank right now. there -- their third-quarter ratio coming in at 14.6%. a little bit higher than 14.5%. the market will interpret that as a line. let's talk of share buyback of up to -- euros. revenue coming in at 2.8 billion. a slight boost but perhaps not as big as that of credit agricole. it will be a big one as we watch for the loan loss provisions that they have on their end. 760 million is the estimate. again, a massive jump when it comes to that profit. a lot going on there. that's what you need to know in terms of the earnings that are breaking this morning. quick check on the markets here. you are seeing quite a bit of movement, specifically on the future sector. the idea is that you are pulling back on some of the futures trading. the idea that sentiment around the world is souring a little bit, specifically in euro stoxx 50 futures, down 3/10 of 1%. these warnings about rate cuts that you are get

commerzbank very strong. m & s and vestas trading strongly after results as well. on the downside, the supermarket company flagged a market weakness in the u.s. a little bit of a flavor of what's performing best and worse this morning. all of this comes after equities and incomes rallied stateside yesterday. all three majors ended in positive territory. microsoft shares closing at a new record high, rising for eight straight days for the first time since 2020. dow jones added about 56 points and the s&p gained about 0.3%. i want to take a step back and show how the u.s. markets have been trading in the last week or so since the month of november kicked off. i mentioned microsoft trading higher for eight straight days. the tech-heavy index has also posted an eight-day win streak. that's for the first time since 2021. s&p and dow have been trading well. seven positive sessions for those two indices. >>> now what's in store for today's session? not a lot of huge action at this point. a very muted start. only double digits for the nasdaq. even 11 points lower indicated

others such as commerzbank and here are the wrong -- pierre warned prices could buckle further.ou have the eurasia group saying if the group does not announce an additional cut of about one million barrels a day, double the voluntary cut we are seeing from saudi arabia, the risk is that an $80 a barrel floor that has held so far could slip down to mid or even low 70's, a risk they say saudi arabia probably does not want to take. trading in oil, bearish bets have risen to an all-time high. that is the table that's being sent --set, as we count down to this very important opec meeting. haidi: bloomberg's su keenan there. china's central bank is pressing for lower lending rates, as xi jinping is set to visit shanghai on tuesday in a bid to boost sector sentiment. our asia bureau chief joins us now. let's start with what we are hearing from the pboc. the problem is you can't lower the cost of borrowing -- can lower the cost of borrowing, but the problem is the appetite, the confidence, the willingness to borrow. reporter: that's a good question. the pboc basically is telling banks t

ial like the banks commerzbank shares is the one that we own. they're raising their dividend they've got 3% nims. so i think there are lots of pockets investors should be looking at i think unfortunately what always happens, the nasdaq is up 35 i sat with you on the show a year ago nobody wanted large tech they were saying the rates are higher now they're buying it. i like do that as oh posted to getting caught up with where the contacts are going. >> i think the contact is the exact opposite today as we go into 2024 because to john's point, 23 as we started the year, nobody wanted o own tech estimates had been cut significantly over a quarter of the year it had fallen over the course of 2022 it was the pain trade. now it's very different. valuations are up 40%. you see sentiment is very crowded. it's not to say these aren't great companies and they can't perform in a tough environmental, however, the setup is very different. >> what's interesting, too, in other periods you would say, well, if there was going to be a rotation into these beaten d