macquarie is initiating coverage here at a bite. what is their argument that tesla can hit profitability and that this is indeed a good buy right now? they think it could be profitable in the second half of the year and they feel like tesla still has a big opportunity in the energy storage market, which is part of the business that we rarely get to talk about, a tesla does sell batteries to utilities and they feel like that's a big wrote market. emily: do you share their optimism? >> yes, i do. must got that yunnan was an incredible positive. the second is the third quarter

emily: macquarie senior analyst maynard on wednesday.xt, putting tv in your pocket with a slew of new original productions. we will look at the strategy in just a moment. and the u.n.'s latest climate report paints a grim picture. can tech play a role in saving the planet? that is ahead. this is bloomberg. ♪ emily: snap will release a dozen original series on its mobile app as they announce a new lineup to maintain a grip on teen users and give it an edge over instagram. we discussed whether the play will be a success. >> this is a completely new slate of programming. for a while, they have really encouraged outside content partners to make media, for snap. and then sort of build their brands on separate channels on the company's discover page. now they are doing it themselves in-house. i think they really want to demonstrate that they can do a kind of show that is mobile and goes directly to that younger audience that snap is known for reaching. the question is whether it will really attract users in growth down the line. emily: all of

macquarie is initiating coverage here at a bite.is their argument that tesla can hit profitability and that this is indeed a good buy right now? they think it could be profitable in the second half of the year and they feel like tesla still has a big opportunity in the energy storage market, which is part of the business that we rarely get to talk about, a tesla does sell batteries to utilities and they feel like that's a big wrote market. emily: do you share their optimism? >> yes, i do. must got that yunnan was an incredible positive. the second is the third quarter ,eliveries of about 81,000 cars also very promising. other than his comment about the and he does love to kick the behind, but i think that a lot of negative concerns have been lifted from the start. the judge overseeing the settlement still has to decide whether, indeed, it will be ok, beehive poking the probably doesn't earn him a lot of goodwill. >> it will be interesting to see what the judge does. they have to turn in the paperwork by thursday and then she has to

one of the two satellites on the twin mission will measure macquarie's magnetic field to try to solve some of these puzzles meanwhile it sibling satellite will examine mercury's rocky surface taken together all this information will give scientists new insights into the birth of our solar systems in a planet's. at the german aerospace center research as heat to rest really rocks to the kind of temperatures reached on mercury they want to find out how rocks behave under such extreme conditions the results will help them interpret the findings harvested from baby colombo's cameras and spectrometers and finally reveal mercury secrets you're watching news live from berlin more coming at the top of the hour and don't forget you can get all the latest news and information around the clock that's on our website dot com and joining us. on. earth. home tunes of species a home worth saving. on those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like news helicopter the climate boost green energy solutions an

bit of a shock probably to many this news nevertheless trump says macquarie will go by the end of the year just walk us through some of the details what happen today. well she thanked trump for the honor of a lifetime serving as embassador and trump accepted her resignation and said he'd announce her successor in a matter of two to three weeks he also hopes that she'll come back and serve the administration again in a different role but check out what they both had to say she told me probably six months ago she said you know maybe at the end of the year the end of a two year period at the end of the year i want to take a little time off or i would take a little break no i'm not running for twenty twenty and i can promise you what i'll be doing is campaigning for this one so i look forward to supporting the president in the next election so thank you. nikki haley has been in basket or since january twenty seventeen and she leaves at a pretty tense time as a disagreement between trump and other world leaders widen and this was made obvious when world leaders laughed at trump during his

an upgrade from macquarie, it i up this morning on this note from macquarie of 2.9% it talks about the and the platform of the nature of the business >> ecosystem >> full service and offering software >> i am thinking of opening my own ecosystem frankly. here is what matters we need to see a level of maturity from the ceo and more numbers. you have to have both. given the fact that he exhibited of what i regard of erratic behavior >> page 25 on this makes good reading based on the price target on three times ev to sell for next year saying historically they traded 3.3 above that that's just about comparable of some of those big tech companies that we mentioned. >> these are price sales situation. tesla is a cold stock and every time a cold stock gets a new buy, the short cringe and buy back some because they can't take the pain. elon musk tweets something that's completely insane and he gets another chance to cover >> let's flip back to the main market s&p is down 01%. >> that's fine remember what i said key of the market >> in terms of the bond market, another check in on the 10-yr wh

market values fighting with financial stocks, into with macquarie. want to switch it up to check in on the names that we will be reporting from australia. we are getting first quarter protection updates from beach energy and independence group. komatsu, seeing results from japan and korea, and we are on the watch out for hsbc, china telecom later in the day. that is for the eco-agenda. on that front we have japan sales due out later. we will get the update from vietnam when it comes to trade data. over the weekend we did have chinese profits slowing for a six-month in september. the pmi data due out on wednesday. we are expecting a slowdown on that front to drop for the month of september. haidi: big week on the data calendar. let's get you to first word news with a haslinda amin in singapore. the names have been released of 11 people murdered in saturday's mass shooting at a pittsburgh synagogue. the victims were aged between 34 and 97 and included two brothers and a married couple. the accused gunman is due to appear in court monday to face 29 char

aftershares soared macquarie joined the bulls, said the company is on track to reach profitability.it time to talk about a turnaround? and analyst joined us to explain his call. >> the most important thing is .hat elon musk is focused anything that is a positive thing. if murdoch is the one who can rein him in and prevent some of the tweets going out, the focus really comes back to the delivery, i think it will be positive. emily: the question is can james murdoch rein him in? he has been on the board and elon musk's behavior has been has it has been. max: i think the reigning in will have to come from elon himself. because of his larger-than-life profile and the extent to which his personality has defined a -- defined tesla, if you believe in his company, you hope elon will see the light. not the sec or a board member is going to do that for him. if we have seen or learned anything over the last few months it is that elon, even when tesla has been dinged for various reasons, he is willing to be his own person. i think the chairmanship is important and an important milestone for the

this comes as tesla snapped a five-day losing streak shaving valuationn from its tuesday after macquariendicated the company is on track to reach profitability. meantime, a short seller is betting on a dramatic drop in tesla shares, saying the electric carmaker seems to be between a rock and a hard place, because it needs to raise money through debt or equity. has tesla reached a turning point? to discuss, we are joined by in the query senior analyst who sees the auto industry entering into a period of unprecedented growth. also, max chafkin who writes on tesla. what is your take on this james murdoch situation? reporter: i think it makes sense. there is this paradox with tesla that they want to rein in elon musk, but not too much, because , elon is part of the appeal. what's happening with murdoch is he is pretty close to elon musk. i think they are friends. he has been on the board for a wild he has his own profile. a veneer of independence that the board has compared to what it had before. your note is likely the reason tesla shares have run up over the last couple of days. murdoch'ss