watching on bloomberg tv and listening on bloomberg radio, you hear the sound of drums as percussioniststhe crowd in the united center in chicago. i am kailey leinz alongside joe mathieu and of course, this is just one of the many musical performances we are expecting this evening. the national anthem will be sung by the chicks. we understand pink will be performing later this evening. i guess we are all going to have to stay tuned to find out just like we will have to see if the rumors of beyonce performing proved to be true. tmz and the whole reporting she will be making a surprise performance on stage here in chicago. joe: she started that rumor here in chicago and suddenly, it appears to be catching hold. is she here? do we know for a fact in the city or is this just reports so far? kailey: two sources we have and we will wait for confirmation. joe: absolutely. rick davis is on board. partner of stonecourt capital. jeanne sheehan zaino -- jeanne, welcome to both of you. that is your job tonight as the democrat. how does kamala harris bring the rest of the crowd in the fall tonight? j

this is real yield on bloomberg. this is real yield on bloomberg.if an application needs to be modernized, then you'll need time, resources... and caffeine. if this sounds daunting, then use watsonx code assistant. built with ibm's granite code model, it's ai designed to generate code in languages like cobol, java and yaml, quickly. ibm. let's create. ♪♪ ♪♪ ♪♪ ♪♪ sandals jamaica sale is now on, visit sandals.com or call 1-800-sandals l.a. pop i'm sonali basak. this is bloomberg real yield. time for the final spread. monday is labor day with u.s. markets closed. get rest. i week of huge economic data. durable goods, pmi's, and various jobs data including the big payrolls report friday. my final thought. a look that payrolls estimates. there is a big expectation this jobs market is perhaps weakening. the prior report the unemployment rate was 4.3 percent. the estimate is 4.2%. participation recently increased to sending the unemployment rate higher. non-foreign payrolls estimated at 160 5000, the prior being one hundred 14,000. hourly earnings expecte

on truth social about that. joe: that's for sure. he was really busy tonight. let's jump into the balloon drop with bloomberg's annmarie hordern, who is somewhere on the floor at that convention. anne-marie? annmarie: it is absolutely electric on this floor. i spoke to chuck schumer, and he said it was pitch perfect. one thing that is very clear, kamala harris able to come into the space and close that gap. it is like a relief bull market rally. this was really unthinkable about a month ago. looking through some of the policies, though, if it was the economy, talking about the fact that no one in the middle class will get tax rates, reproductive rights, foreign policy, or the border, what you see kamala harris doing is picking and choosing from the biden harris campaign and administration that she was part of, and i think the next few weeks, as we go into that debate on september 10, she is going to get -- she's really going to have to have some hard questions for voters to understand what differentiates her from joe biden. kailey: annmarie hordern on the floor as the balloons bounce around. still with us, our

this is "real yield" on bloomberg. ♪ vonnie: i am vonnie quinn and this is "bloomberg real yield." me for the final spread. we have the democratic national committee and beginning in chicago. we have earnings. estee lauder reporting. continuing consumer reads with lowe's on tuesday. wednesday, we will get the fomc minutes and target earnings. that is before the acceptance from kamala harris at the democratic national convention. we will get existing home sales. jackson hole. we will be able to bring you all of those and more. this has been "real yield" on bloomberg. ♪ ading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. clogged gutters can cause big problems fast. until now. call 833-leaffil

we talked credit on real yield on bloomberg -- talk credit on "real yield" on bloomberg. ♪ say alohao olukai golf. waterproof leather. breathable fabrics. spikeless traction. the most comfortable golf shoe in the game. grab your pair today at olukai.com. manus: this is a bloomberg "real yield." where did the bond sales come from this week? we are caught in the middle of a hugely volatile week. treasuries had auctions of threes, tens, 30's. of note was the 10 year sale, the lowest yields since july of 20 23. the 30-year auction tailed and spooked a few people. the primary dealer was awarded at the highest level since last november. gold turbulence from earlier in the week, halted high-grade u.s. issuance. by the middle of the week it was the comeback kid with a vengeance. meta led the way helping to push 2024 total over the trillion dollar mark. that hit that level at the fastest pace since 2020. u.s. high-yield sales came in to almost a complete halt this week until we saw a late-week flurry as risk premium on junk-rated bonds and spike to the highest level since november. seeing opp

great to have you back here on "bloomberg technology." p on the show, we're joined by the co-founder and c.e.o. of cla -- klaviyo to discuss that company's earnings. this is "bloomberg technology." this is "bloomberg technology." ♪where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? where are you headed? where am i headed? where am i headed? am i ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet, it's super-fast so, any pre-launch concerns? what if nobody buys them? that's mean or, what if everybody buys them? oh, i hadn't thought of that that's probably not gonna happen can we handle that kind of traffic? the network can handle it! i downloaded eight hours of true crime stories just during our last video call i'm learning a lot ed: welcome back to "bloom

we are off by 2% on tsmc's depository receipts. this is "bloombergology." ♪ and gutter protection company. leaffilter has over 150 locations and has been installed on over a million homes. we've been protecting homes now for over 20 years. our patented technology offers total protection for your home and comes with a lifetime transferable warranty. the process is simple. give us a call to schedule your free gutter inspection. if you decide to move forward with the project, you put nothing down at all. 833 leaffilter or visit leaffilter.com today. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. ♪♪ go deeper with thinkorswim: our award-wining trading platforms ♪♪ unlock support from the schwab trade desk— our team of passionate traders who live and breathe trading. ♪♪ and sharpen your skills with an immersive online education crafted just for traders. ♪♪ all so you can trade brilliantly. ♪♪ caroline: this is bloomberg technology. check out the bloomberg technology podcast. you can find it on the term

also reactions from investors and reporters at bloomberg. one analyst wrote this is the biggest earning since the banks are reported in the year of the financial crisis in 2008. i don't want to over rated. scarlet: bloombergscarlet: acknowledged -- bloomberg knology cohost ed ludlow. he will be speaking with the ceo of nvidia tomorrow. . coming up, paramount's merger drama continues. will this drama end with a better positioned media giant? this is something we will discuss. this is bloomberg. ♪ a lot of code. if an application needs to be modernized, then you'll need time, resources... and caffeine. if this sounds daunting, then use watsonx code assistant. built with ibm's granite code model, it's ai designed to generate code in languages like cobol, java and yaml, quickly. ibm. let's create. scarlet: this is bloomberg markets. it is time for stock of the hour. paramount's in the spotlight. it is declining after edgar brockner jr. dropped out of the bidding for the company. there are reports paramount is selling some assets before the expected

it's on apple, spotify, heart, and all the bloomberg platforms. san francisco. there's one day to go in this busy tech week. this is "bloomberg technology." ♪ vonnie: let's get a quick check on where we stand. it's a lot of turnaround, actually seeing nvidia move against the markets today. not what we anticipated. it's not often you see that, or at least we've been seeing that this year. the s&p 500 up three-quarters of a percent on

great to have you back on "bloomberg technology." up, we will hear from disney on the company's earnings results. this is "bloomberg." ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management ed: luck and back. -- looking back. disney gave a mixed picture. made its first ever profit in streaming. so many bundles come are consumers getting streaming fatigue? >> consumers do seem to appreciate having a limited number of bundles. what we have tried to do with our own offering this offer the individual pieces or if people want to get it is combined bundling more, we're happy to do that. that said, i do think you see a trend where there is probably going to be a few big competitors in the marketplace in streaming we see now between netflix, amazon, and ourselves. and smaller competitors that will have to decide how th

the executives on bloomberg in terms of their thoughts on the potential for a u.s. do believe there is resilience in the u.s. economy. >> we do not yet see in a sign of having the economy moving in recessionary territory. >> there have been several calls free is recession. in fact, they just turned out to be -- >> i think you're getting a correction after i long market. >> we think the economy is still strongly set. >> we probably all have to live with more than we're used to but overall, i think the trend is our friend. >> ahead of the elections, maybe the market is a little bit muted. all in all, the united states was always a result market. >> the u.s. economy is stronger than given credit for. >> the economy will chug along. we probably won't see a recession. manus: from the top, no recession. resilient. it will chug along stop valentin marinov is my guest. good to see you. yesterday we had the bank of japan put option to put a -- to take the heat out of volatility. listening to that stream of ceo consciousness about the state of the united states, they are not

on the latest trends. we are taking a private equity and venture spotlight to this. this is bloombergology. ♪ hey folks, chris counahan here with leaffilter, america's largest gutter and gutter protection company. leaffilter has over 150 locations and has been installed on over a million homes. we've been protecting homes now for over 20 years. our patented technology offers total protection for your home and comes with a lifetime transferable warranty. the process is simple. give us a call to schedule your free gutter inspection. if you decide to move forward with the project, you put nothing down at all. 833 leaffilter or visit leaffilter.com today. ♪♪ ♪♪ beaches jamaica sale is now on. visit beaches.com or call 1-800-beaches >> welcome back to technology. caroline: a quick check we have a bit of caution with rick assets today. the nasdaq is up .8 off the lows but maybe we are drawing breath after rally last week after powell and jackson local and promise of rate cuts and geopolitical attention having prices in. bitcoin up by 1.3% but we rallied at that over the weekend. we will loo

other people we have seen as relatively popular, some when we interviewed recently on bloomberg television, known for his tough stance on the bank of japan. he was urging them to act to help support the week again. we have also seen the administer in charge of economic securities. she is interested in running. it is unclear at this point which of these people will get the necessary 20 signatures from within the party to enable them to run in the race. avril: as you alluded to earlier, there has been considerable frustration with regards to inflation and where the yen is sitting. who gets the top job, is that going to weigh into what we see in japan's leadership going forward? >> yes, this is a difficult situation for any leader to resolve, i think. kishida has pushed hard for companies to raise salaries, and i larger companies did, but we have also seen that real incomes have continued to fall, and that has very much caused dissatisfaction among the average household, but also among people -- obviously, japan's population is very elderly. among the many people who live on fixed incomes, li

caroline: live from new york and san francisco, this is "bloomberg technology." intel is working on a plan b. the bloomberg exclusive on bankers eyeing a potential sale of the foundry division and more cost cuts. ed: elon musk's battle with brazil deepens, threatening social platform x and spacex's starlink business. caroline: tech fights to end the week strong. we have a key cio on the show. let's just dwell on these markets for a moment. we end the month as we started it, on the downside. we had a brutal syllabus on august, and -- brutal sell off to start august. we are trying to make some power higher on this friday, and we have certain things to thank for that. more broadly this is a week we are fixated on one name alone, nvidia. he did not live up to some of the hypo. ed, what are you watching on the micro data? ed: you can never quite get the news flow. intel is up at this point the most since october 2023. the most since october or late 2022. there is a detailed note from bloomberg about basically plan b. clearly the street likes it. caroline: it's bloomberg exclusive reporti

right to have you back on bloomberg technology. look at google's loss in a historic antitrust lawsuit after the tech giant paid $26 billion to become the default search engine on smartphone web browsers. this is bloomberg technology. ♪ ed: in other tech news, google lost after the tech giant paid $26 billion to become the default engine on browsers. let's start with the basics, the decision and how it will impact alphabet or google, alphabet the parent of google. >> the decision yesterday is just the one on whether google violated the law. google has -- they found google has an illegal monopoly over the general search services market and search tech stats which are the top of the page that try to lure you to websites. this is what they said on the liability, getting to the next phase of the case which is what to do about it. the justice department hasn't necessarily said what they want yet but there is sort of several options people think, one of which is a potential breakup. they could ask for the court to make google sell off the

that doesn't for bloomberg markets. keep an eye on the choppy trade throughout the day. this is bloomberg. ryan t. writes, "moving is stressful. can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet in just a few taps. just a few easy moves. did somebody say “easy moves”? ♪ ♪ oh no. no, i was talking about moving your internet. this will move the internet. ♪ ♪ ooh, ooh. -let's keep it professional. professional dancers! -ok! stay connected during your move with the best in home wifi. easily transfer your services in the xfinity app. bring on the good stuff. this is balance of power. live from washington, d.c.. kailey: welcome to balance of power on bloomberg tv and radio. i'm kailey leinz. happy friday. there's a lot of news to work through. kamala harris up two points against a donald trump battleground. we have more with eli oakley and the first kamala sit-down interview with our political panel. coming up on labor day weekend taking stock of gas prices, something highly influential in the election se

this is bloomberg. ♪ ♪♪ ♪♪ ♪♪ ♪♪ sandals jamaica sale is now on. all 1-800-sandals lizzie: welcome back to "bloomberg daybreak: europe." investors are turning to the fed's annual gathering this week to see how recent data on the u.s. economy is going to inform the central banks path on interest rates. jerome powell's keynote speech on friday is widely expected to confirm rate cuts. joining us now is isabel albarran. good to have you with me on the program. looking ahead to jackson hole, stephen brown just told us that jay powell can pull off a soft landing. do you agree? isabel: i do and i think we have seen some easing in the u.s. market but it is easing and not a collapse which is why we are still expecting to see steady and stable being the watchwords for the fed. there is still a focus on incremental easing. lizzie: do you think the market pricing per fed cuts beyond september is too aggressive? isabel: it looks somewhat demanding. we have already seen a big reversal from the surge in cut expectations that we suffer september. i think we might e

the year, save 50% on the sleep number® limited edition smart bed and free delivery when you add any base. ed: you are looking at a live shot of the principal room. check out the bloombergst on apple, technology -- on apple and i heart. this is bloomberg. caroline: amazon web services and accenture announced a partnership they said would help ai developers scale responsibly. you are basically putting into practice ahead of regulation in many cases how companies can navigate. we just had a conversation about sp 10 47. how do you guide growth without laws in place? >> thank you for having me. let me start by saying that. as well as i wanted to start off that by saying responsible ai is an imperative. when you talk about the opportunity to scale the use of ai and organizations thinking about the ways they want to build leveraging ai, well this platform, accenture, the responsible ai platform powered by aws is the means for them to do it. when we think about responsible ai, we think about that as the practice of designing and deploying safely and being able to mitigate the risk and unmitigated impact. this platform is providing them the visibility and control for ways to as

there is a great debate on the bloomberg terminal about if the vix made it up to the 65 level or not. are these traits becoming more expensive? what is the flow tell us in terms of the appetite for protection? emily: we are seeing traders want more protection as the signs point to an economic slowdown. one example is northwestern mutual. i spoke to their cio earlier this weekend he pointed out that they bought longer duration bonds earlier in june. it has paid off pretty well. they are of 3% after buying $2.7 billion of tlt, the blackrock long bond etf. they said that they have been waiting for a recession for a long time, as have a lot of people. th -- they are saying that it is coming soon in the next three to six months when you look at how rapidly the economic data is deteriorating. they are buying this protection. he called it an equity hedge in long bonds. manus: there is a nice risk-report. the risk-reward is interesting in the terms of collapse in rates. the same viciousness on the upside. you have steven mnuchin, it is an interesting week for markets. thank you for being with

we will keep an eye on that story and see if bloomberg has any advancements on it. be right back. this is bloomberg technology. ♪ ♪ ♪♪ ♪♪ more smiles per hour at the ultimate caribbean playground. visit beaches.com or call 1-800-beaches olukai sandals capture the feeling of stepping barefoot into wet sand. the perfect balance of instant comfort and lasting support. say aloha to olukai. anywhere comfort. anywhere aloha. (♪♪) oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet, it's super-fast so, any pre-launch concerns? what if nobody buys them? that's mean or, what if everybody buys them? oh, i hadn't thought of that that's probably not gonna happen can we handle that kind of traffic? the network can handle it! i downloaded eight hours of true crime stories just during our last video call i'm learning a lot ed: we should keep talking about tech jobs and layoffs. over 120 6000 tech employees have been laid off so far in 2024. with companies increasingly citing ai has a reason for the job cuts.

but it would need something shocking now to really derail it, we've been reporting on bloomberg that probably the mildest ever leverage positions we've seen on the treasury futures market and that tells you there's enormous amounts of money concentrating on expectations that interest rates are coming down. they would need something very shocking to dissuade anybody they got it wrong at this stage. lizzy: you talk about the upcoming jobs report, when you get revisions like these, does it take the edge off the importance of that report? mark: possibly at the margin, but whatever way you cut it, every time a jobs report comes out, it's a very substantial piece of information. it's key to the whole picture, as the fed watches jobs and inflation more than anything else. and we had the uptick to the unemployment rates itself. that cost a lot of market disruption. rbc whatever the will respond to that. we expect something pretty much unchanged but they're still a couple of weeks ago. and it is a notoriously volatile number. even allowing for the fact that maybe the numbers themselves are no

we have more on that coming up next. this is bloomberg. ♪ are now being analyzed and restored using the power of dell ai. ♪ ♪ - [female narrator] they line up by the thousands. each one suffering with a story that breaks your heart. like ravette, who needed help, because every step brought her pain. their only hope is a ship unlike any other. mercy ships. the largest floating civilian hospital in the world to bring free surgeries and care for people who have no other hope. only 62 cents a day, $19 a month, will help provide urgently needed surgery for the world's forgotten poor. if you have ever wondered: "how can i, just one person, make a difference?" this is your answer. so many are still suffering. so don't wait. call the number on your screen. or donate now at mercyships.org. that's the number on your screen. ♪ scarlet: this is "bloomberg markets," i am scarlet fu. it is time for the stock of the hour. we will focus on chip companies. applied materials is falling after giving a fourth quarter -- in line with expectations. investors w

money reserve is one of the most dependable gold distributors in america. joumanna: good morning, this is "bloombergeak europe." i'm joumanna bercetche in dubai. san francisco fed president mary daly says it is appropriate for the u.s. central bank to begin easing monetary policy, echoing jerome powell's view on cutting rates. more from our interview ahead. asian shares sliding as focus shifts to nvidia's much anticipated earnings report tomorrow. libya's eastern government says it will shut down crude output and exports as the dueling governments fight over leadership of the central bank. let's get a check on how markets have fared. you can see that european futures are leaning towards the green. the ftse 100 up 0.4%. the nasdaq, which closed down 1% yesterday, nervousness ahead of nvidia earnings, also leaning towards the green, up about 0.1%. also want to flight s&p now is 0.6% away from its all-time highs. the dow has breached all-time highs. a far cry from where we were three weeks ago when we were talking about that huge vol/var shakeout. the catalyst was the nikkei market's underperforming. s

on the stoxx 50 higher .8%. thanks for joining us. this is bloombergood morning from london on alongside kriti gupta, we are in our way from the opening trade. what you need to know? risk rally rolls

on track. tom: seeing positive investor sentiment. bloomberg'szerland bureau chief with the breakdown and his thoughts on those ubs earnings. in just under half an hour we will hear from ubs ceo sergio ermotti on those earnings. you do not want to miss that conversation. calls berg has increased its profits and the growth outlook for the year as cost controls helped the danish brewer offset weaker consumer demand. it says organic operating profit will rise between 4% and 6% this year, that's up from the previous guidance of between 1% and 5%. tighter cost controls helped counter a smaller than expected rise in volumes in the first half of the. carlsberg -- first half of the year. carlsberg's ceo will join us with more reactions to those earnings, so stay tuned for that interview as well. norway's sovereign wealth fund has trimmed its stakes in meta-, novo nordisk and asml in the first half. the world's biggest a sovereign fund added shares in his three biggest energy holdings, interestingly, exxon mobil, of course, shall, and bp. apple, microsoft

i wonder if this might have any impact on that decision. bloombergna is considering allowing refinancing on mortgages chemo till we worked 5.4 -- cumulatively worth $5.4 trillion. take a look at ship stocks as well. we did bring in the news that intel is reported to be considering splitting off its foundry business and perhaps scrapping factory production. asml's chip business might also be facing new curbs from the netherlands in terms of providing a commit to china. all right -- providing equipment to china. all right, that is it for "bloomberg markets: asia." we've got "horizons: middle east and africa" coming up next. this is bloomberg. ♪ ♪♪ ♪♪ sandals jamaica sale is now on, visit sandals.com or call 1-800-sandals why do couples choose a sleep number smart bed? i sleep great now that my side is as firm as my heart desires. my heart desires soft. visit sandals.com sleep number does that. your ideal firmness and effortless comfort, all night. during our biggest sale of the year, save 50% on the sleep number® limited edition smart bed and free deli

plenty more to come on bloomberg. this is ♪ paul: welcome back. t china markets heading to launch and comparatively speaking not doing too bad. the c.s.i.300 is on the off by .2 of one percent that compares well to some of the selling that we've seen around the region. but yeah, there you have it the c.s.i.300. the shanghai composite half by 1%. we've got the yuan7.2313. it's been a rough ride on markets today. china escaping relatively unscathed but we've got the nikkei getting on for 5% now. it's tech and chip stocks that are getting particularly hard hit today off the back of those earnings that we had from intel and amazon. guidance from amazon mentioning just before the break there. really disappointing investors. intel shares also slipped on revenue forecast. we're seeing that translate into quite a bit of weakness for tech stocks in particular today. elsewhere we've got the nikkei -- i beg your pardon, the yen losing a little bit of ground. 149.46 at the moment. but we have been hearing what we heard yesterday but the b.o.j. may continue to

that does it for bloomberg markets today. keep an eye on markets through the close. s bloomberg. ryan t. writes, "moving is stressful. can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet in just a few taps. just a few easy moves. did somebody say “easy moves”? ♪ ♪ oh no. no, i was talking about moving your internet. this will move the internet. ♪ ♪ ooh, ooh. -let's keep it professional. professional dancers! -ok! stay connected during your move with the best in home wifi. easily transfer your services in the xfinity app. bring on the good stuff. no matter what you're up against, we have your back. we are united way. we are neighbors helping neighbors in communities around the when disaster strikes we get you back on your feet. we help children build brighter. we've been here for over 135 s but now our work is more . join us. join your neighbors. join united way. >> from the world of politics to the world of investments, this is "balance of power." live from washington, d.c. >> kamala harris campai

ed: here on "bloomberg technology," i like to ask about the fed. after ppi this morning what is the call on what the fed does? because as we say on this show, higher rates, discount, future cash flows when you are a technology investor, that is important. callie: the fed looks like it is going to have to cut in september. ppi data confirmed this this morning. we saw quite a drop in services ppi, or slowing down in services ppi. that used story for inflation getting lower and lower and close to the fed's target. if the fed does start cutting rates we could see investors' behavior change. i will be honest. tech stocks are growth stocks, but i think that there are a lot of flavors in the tech industry and investors are looking at them quite differently. if we see growth maintained but we see rates come down, i actually think this rotation could continue. this rotation into sensitive rate sectors. you have to remember, if we do hit a rough patch some of the strongest stocks on the market are tech stocks. investors could look at those as a recession trad

happening today, it broke in the last hour right here on bloomberg. , some emotional moments as joe biden announced a swap from the white house with family members at his side. kailey: emotional indeed, at one point joined by the daughter of one of the hostages, singing happy birthday to her, what a birthday to have your mom come home after a year in prison in russia. joe: this has been one that we have talked about a lot. her husband and her other daughter spent time w

the latest on that refinery is next. this is bloomberg♪ i can't believe you corporate types are still at it. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, that's so rock roll. it is, right. he gets it. yeah. ♪♪ ♪♪ ♪♪ more smiles per hour at the ultimate caribbean playground. visit beaches.com or call 1-800-beaches tom: welcome back. happy monday. going to, africa's biggest gold producer, has opened a new refinery. it aims to produce 400 kilograms a day. sourcing raw material mainly from small-scale minds. the government holds a 20% stake in the public private partnership, with rosy royal minerals of india. let's bring in our reporter, for details. what is the upside of this new development? how significant is it? reporter: this could be the gift that keeps givi

that does it for this edition of "bloomberg technology." there is onearnings evening ready to go. so much to recap on the podcast. you know exactly where to find it. apple, spotify, and this is what is to come. this is the picture of the markets right now. we await apple, which is down 0.9%. we await. -- we await amazon. meta off session highs. it continues to trade, on track for its biggest jump. this is bloomberg technology. ♪ scarlett: welcome to bloomberg markets. the equity market takes a big turn shout -- south. this is one day after the fed's no decision. bad economic news is being interpreted. it is being seen as bad for stocks, no matter the size. look at the s&p 500 and the nasdaq 100, stocked with the biggest companies in the u.s., each down by at least 1%. we should mention this c

paul: adani green energy executive director speaking with bloomberg. more onoup coming up when we get an analysis of their work in renewable energy. this is bloomberg. ♪ the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. paul: welcome back. let's look at how indian markets are doing at the open, underway just under one minute. training to the upside. broadly and moderately risk on tone across the region due to a somewhat weaker rupee. it more exclusive adani coverage. we learned more about how india's focus on renewable energies will help reduce in -- help reduce dependence on chinese firms. >> the government of india came up with de-risking a couple months ago so us along with many other companies in india participated so as part of our obligation to ramping up solar manufacturing significantly on today we have 4000 megawatt ecosystem of s

ed: jasmine enberg, great to have you back on "bloomberg technology." onda, ceo of doordash, to discuss his company earnings -- company's earnings. again, a rare bright spot in what is a pretty big day of red on the screen for markets this friday. this is "bloomberg technology." ♪ ng is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. 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. ed: this is "bloomberg technology." you are looking at a live shot of the principal room. make sure to check out our podcast. you can find it on the termin

bloomberg real yield starts right now. coming up, powell's big pivot. the fed chair hones in on the job market and sees inflation on a path sustainably downward. yields drop in anticipation of rate cuts and we begin with the big issue. the time has come for policy to adjust. >> the time has come for policy to adjust. the direction of travel is clear and the timing and pace of rate cuts will depend on incoming data, the outlook and the balance of risk. inflation is down closer to the objective with prices riveted 2.5 -- risen 2.5%. we have made a great deal of progress towards the outcome. my confidence has grown that inflation is on a sustainable path back to 2%. the labor market has pulled from its overheated state. the cooling is on escapable. with an appropriate dialing back there is good reason to think that the economy will get back to 2% while maintaining a strong labor market. sonali: let us look at two-year yields over the past three days because on wednesday you have the payroll revisions and worries about the job market being weaker. in the week you saw stability and r

caroline: welcome to our worldwide audience is on bloomberg tv and bloomberg radio. posted better-than-expected second-quarter results. however, the company warned of a softening in travel demand in the current quarter. therefore in adjusted its expectations for the rest of the year. let's dig into the details. the expedia ceo is with us, ariane gorin. you managed to get the nuance, the shares absolutely popped on the fact that you did what you needed to do and delivered for the quarter you were posting on, but then you downgraded for a second time. what is the consumer telling you right now? ariane: first, thank you for having me. we were very happy with our second-quarter results. we saw alex in the region in our consumer business, which is what we were looking for, and continued strength in our p2p segment and advertising -- b2b segment and advertising, but we have seen some softness. it has been a few quarters that the air ticket prices have been coming down and car rental prices have been coming out. we see that in the third quarter some your keeping an eye on i

supplying energy to germany, which was boomed and going underground. produces a track down you're on bloomberg. on october the to 3rd and 2022 and the percentage on came interrupted. you see me outrage thing, jeff. we've got to stop there when you suggested that the united states could have been involved. and that was before i see much as a piece, and you said, i know this runs counter to a narrative and you're not allowed to say these things in the west. i was that interestingly, you know, when, when i post spoken to some leading journalists, of course they agree with me. i privately but publicly their, their papers or the media se does the opposite god. so the narrative is like, is a game, but a very deadly one. and a very stupid one in a lot of ways. so much of what we hear day today is just lies. it's just a minute. elation i, it doesn't even really pass for the truth, but it passes. time. i saw that our government officials have something to say, even when they're doing outragious things. i mean, in terms of scale, even higher than guys in ukraine cove, it was a huge store. you were on th

this is bloomberg. ♪ (♪♪) (♪♪) 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

one global question. speaking of top jobs we should be hearing, in theory, hopefully in the next few days, bloomberg's oliverk, thank you so much. switching over to u.s. politics. u.s. presidential nominee kamala harris is pushed to address economic woes and bolster the middle class that would be heard day one priority in her first tv interview since the d&c. vp harris: my agenda includes what we need to do to bring down price of groceries like price gouging. what we need to do to extend the child tax credit to help young families be able to take care of their children and their most formative years. what we need to do to bring down the cost of housing. joumanna: let's get more on this story with bloomberg's kriti gupta, many people were watching out for this interview because it was the first that harris has done since she became the democratic nominee. she was asked a lot of questions about her policy positions in the evolution of those policy positions. what have we learned? >> very, very little and i think that was almost by design. this is something she and her campaign have been less vocal about becaus

thank you so much for being on bloomberg with us. after decades of research, basically you find a molecule that changes everything in terms of weight loss drugs. were you taken by surprise at the appetite for these drugs and how mainstream they are? lars: i would product like that, it starts with surprises in innovation because there are many being made on goal and most fail. and the winners are often the one that surprises people the most. francine: why do you think this surprise or success was an expected, did it capture something in society that you are not ready for? >> i think we have seen many decades of our company focused on type one diabetes. there was an increase in type 2 diabetes and for many years type two diabetes was not intensively treated. then it was reassured that you need to treat type 2 diabetes to prevent comorbidities and that increase the diabetes. now we see the same with the obesity that perhaps we felt obesity is not a real disease, not something you can should treat. but that's being established by underst

check out the bloomberg technology podcast on the terminal online, apple, and i heart. bloomberg. time for talking tech, and apple pushes ahead with a tabletop robot. the company is moving forward with the development of a tabletop home device that is said to -- to combine an ipod device with a robotic limb. they have several hundred people working on it as it searches for new sources of revenue. nvidia scrapped -- scraped millions of youtube videos without consent from creators to train and develop its ai models according to a new federal lawsuit filed in california. they allegedly instructed employees use tools to download videos and evade detection in an effort to train cosmos ai video projects. clarna is close to choosing to have guard -- goldman sachs leave its ipo. the company is seeking evaluation of $20 million. deliberations are going and details can change. caroline: talking of companies currently private and doing some bid grounds, anduril has raised 100 -- billions of dollars and plans to spend billions on a facility to manufacture rockets, vehicles and auton

on wednesday. this is bloomberg. ♪ with so much entertainment out there wouldn't it be great... ...if you could findyou want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the w

on the japanese currency hovering at 1.743 level. today we also got a inflation showing that pick up. lots to unpack. the three and are bloombergv strategist mark cranfield. we are seeing -- is based on the data, the big one out of japan will be the q2 32 print. to what extent do you think it's important for it to support the hawkish stance for the boj? regardless, it does seem like it is keen and determined to dismantle unconventional monetary policy. >> i don't think he will be dissuaded from that. we had a lot in the japanese financial markets. a lot of criticism at the timing of the bank of japan move. everybody is a bit skittish at the moment. there will be a parliamentary inquiry in japan starting this week to discuss was there something wrong with that timing of that decision. so mistry weight is very much going to be in the spotlight. but there are three more central bank meetings. i don't think anyone realistically expected the change of rates in september anyway. so then we get ahead of ourselves to say that just because they raise rates in the last meeting, that they would do it again in the next meeting. that has no

lars, thank you so much for being on bloomberg with us. lars: francine, thanks for having me. francine: after decades of research, basically, novo finds a molecule that changes everything, in terms of weight loss drugs. were you taken by surprise at the appetite, actually, for these drugs and how mainstream they are? lars: yeah, i would actually say there are many surprises when you get a product like that. it starts with surprises in the innovation, because there are many shots being made on goal, and most fail. and the winner is often the one that surprises people the most. francine: so, why do you think this, i guess, surprise or success was unexpected? did it capture something in society that you were not ready for? lars: i think we have seen, first, many decades of our company was focused on type 1 diabetes. then, because of lifestyle changes, perhaps genetics, there was an increase in type 2 diabetes. and -- but for many years, type 2 diabetes was not intensively treated. then there was a so-called ukpds study that really showed you really need to treat type 2 diabetes t

bloomberg terminal. we'll be talking about stories, warren buffett. those are your stories. coming up on the program, jake sullivan in china to try to steady chips. we'll dive into what to expect from those meetings. stick with us. this is bloomberg. ♪ kriti: welcome back to bloomberg daybreak. i'm kriti gupta in london. jake sullivan is in china to try and lower tensions between the two nations. meeting with the china foreign minister where they are expected to discuss tech, sanctions and taiwan. let's get more on the story prm jill, talks resuming today. there is a lot to cover here. can you walks through everything on the docket? >> yeah, look, kriti. it is quite a lot on the plate for both jake sullivan and wong lee today. the u.s. feels very strongly about china's involvement and backing russian forces fighting the war in ukraine. you have a lot of concerns over semi conductors and tariffs, some of the measures the u.s. and its allies have taken on chinese projects this week. canada has implemented new tariffs on chinese e.v.'s. that is on the agenda. and also any issues surrounding

coverage by going to tv , get some commentary and analysis of' expert editorss -- bloomberg's expert editors. still, how onearing for another potential pandemic. that is up next. this is bloomberg. ♪ ♪♪ ♪♪ ♪♪ ♪♪ sandals jamaica sale is now on, visit sandals.com or call 1-800-sandals paul: the head of the world's largest doing seen makers say they need to protect their economies and people. the ceo of india spoke about the latest edition of latitude. here is a preview. >> i think the heavier population will always be the more productive population. that is good for the economy. i think it is common sense. sometimes the political will is not there in some of these countries, and they would like to do it, but they have other priorities, so i hope they can keep this is a priority -- this as a priority. they are suffering from endemic diseases, and there are certain that keep spreading. it is not productive, and if we would like everybody to perform at their best and you would like health care cost to be done, you do not want to be burdened with the costs and other costs. it is important to invest early in child

on bloomberg technology. see you in a minute. ♪ caroline: telegram -- ed: the telegram ceo detention in paris ends after allegations he allowed criminals to use the messaging app unfettered. so what's next, bloomberg's paris bureau chief joins us to discuss and basically there is now a specific judge pondering the issue of charges. >> that is correct. so the way it works is he was interrogated for i would say roughly 90 hours about and then he was taken just about an hour ago a bit more to see a judge. an investigative magistrate really. what that person will do is decide whether or not to charge him for any of the 12 things that he is alleged to have done. mostly aiding and abetting criminality on the app or turning the other eye. that could take a relatively short periods of time or could take hours. we really don't know how long this particular process will take. caroline: what is so interesting is the background with france. i think it was a few years ago macron was hoping the business there ultimately he

welcome to the thursday edition of "balance of power" on bloomberg tv and radio. d. breaking news debates, looks like we will get one vice-presidential and one presidential in the coming months. kailey: yes, we all knew both harris and trump would be sharing the stage on september 10. we learned today october 1 is when you would see j.d. vance and tim walz share a stage, and according to the harris campaign suck they will be another debate in october. no news on what date, who would be hosting it and whether or not trump is also signinu

futures pointing higher as we end the week and european futures flat on the euro stoxx 50. this is bloomberg♪ lizzy: good morning. i'm lizzy burden in dubai and these are the stories that set your agenda. awaiting powell. we brace for a reality check on rate cuts when jerome powell speaks later jackson hole. two fed officials signal lower rates are on the way. the japanese central bank governors is rates could go higher. kamala harris formally accepts the democratic presidential nomination, making her case against donald trump. good morning. welcome to friday. it is 6:30 a.m. in london and it's the most important day of the week for the market perhaps. we will hear from fed chair jerome powell at jackson hole. governor ueda has been testifying in parliament, neither wanting to upset the market, but traders clinging to every word. futures pointing higher stateside, a touch higher in europe. if we flip the board over, we have had this mixed bag of data from the u.s., some hesitant fed speak, sending the yield over 4%. but now the two year yield is 3.9%. the yen i higher off ueda's comments, bu

thank you so much for being on bloomberg with us. after decades of research, basically it changes everything in terms of weight loss drugs. were you taken by surprise at the appetite for these drugs and how mainstream they are? >> i would say there are many surprises when you get surprises like that and it starts with surprises and innovation because there are many being made in many fail. the winners are the ones that surprise us the most. francine: why do you think the surprise or success wasn't expected? did it capture something in society that you were not ready for? lars: i think we have seen the first many decades of our company focused on type one diabetes. because of life trial -- lifestyle changes, there is an increase in type 2 diabetes. for many years it was not treated, then there was -- that reassured he needed to treat type 2 diabetes to prevent comorbidities. in that increase the diabetes market. now we see the same with obesity that for years we felt perhaps obesity is not a real disease, not something you should trea