is ahead of them there one of the reasons i prefer spotify to netflix i'm not a buyer here spotify still a gross margin catalyst. it's next year and the question is it may not be until the end of the year. >> mike santoli, how does the valuation on spotify look more than 60% off its highs >> it's still very much a we're just going to go for growth and obviously they had their margin targets which will make the numbers work better. based on what it's cast now, it's not really supporting where the stock trades and it's not really about that. what's fascinating from spotify's perspective, their answer, if they wanted to actually persuade people it's worth a bet, we're netflix in 2015 we're netflix before everyone assumed netflix was the category killer and would be the dominant could are app in streaming and it would have been a great ride until you reached saturation to me you can have it both ways in terms of defining spotify in terms of netflix >> mark mahaney, thank you for joining us good to talk to you. evercore stocks are heading south into the close. we're still off the worst levels

poses the idea that netflix should buy spotify.ter speculation that netflix was maybe looking to acquire roku. a portfolio manager at clockwise capital. james, good to have you. thinking about spotify's investor day earlier in the week and some of their long-term targets which are totally faang like >> it's really entirely up to him. but the thing is netflix needs help for investors, they have to view it right now as a legacy media asset. what made them so successful so fast was the fact that they were the only alternative to the cable bundle i know that everybody is doing the same thing, that point of differentiation is out the window and subscription fatigue is a real thing right now for a lot of consumers and with switching costs so low, the only way to increase or to build a great subscription business is to increase the customer utility over time now i think that with spotify and netflix, you saw two sets of problems for the price of one. netflix has a growth problem spotify a churn problem. by reducing churn, you can increase

spotify releases a feature that tests your singing talent.tify releases a feature that tests your singing talent. >>> here's a look at the forecast in some cities around the country. ♪ >>> if you are one of the millions of americans traveling for the july 4th holiday, get ready for a challenging ride. today and tomorrow are expected to be the most crowded on the road. aaa predicts a record 42 million people will travel by car despite gas prices near $5 a gallon. and things could be even more difficult if you're traveling by air amid pilot and staffing shortages. flight aware says that there were more than 600 u.s. flights canceled yesterday alone, and more than 5,000 were delayed. >>> there are big layoffs at tesla, and spotify wants to hear you sing. matt pieper has those stories and more in the cbs "money watch" report. >> reporter: stocks ended mostly lower on wall street wednesday keeping the market on track for its fourth monthly loss this year. while the dow gained 82 points, the nasdaq lost three, s&p 500 losing two. >>> tesla has laid

has had, s talking about the spotify machine which they'll now apply to the third vertical of audio $70 billion annual opportunity in audio books with margins above 40% as they take on the only real player in the space which is, of course, amazon when it comes to podcast xing, they're not yet profitable but they do see between 40% and 50% gross margin potential saying they're exploring other new verticals and looking for opportunities to deploy their playbook and personalization technology he wasn't ready to tell us what those other verticalsjulia, wheg about crazy numbers, talent deals, the joe rogans a few years ago or just a year ago, do you think we'll continue to see that as the macro environment changes, as investors recommend different things >> based on what i was just listening to in this investor day presentation, they believe the deals are worth it they talked about how joe rogan is the most popular podcaster in the world despite the fact he's exclusive to spotify i think there may not be as many people left to make deals with this is clearly an area they're investing in

spotify shut down the whining old marches until the singers remove their catalogs from spotify. how did users react? [cheers and applause] of course, during all this, how did we cover it? the rogan story got widespread media coverage, far more coverage than how small the risk poses for young people. you have places like cnn jealous rogan often has more influence than they do. they don't like his dangerous ideas about free speech, exercise and god forbid cracking jokes. there's likely no person on earth who is doing more to dismantle segregation than him. the roster of his guests are more diverse than the olympic opening ceremonies and they're allowed to speak endlessly about whatever so the listener can decide. it's the antidote to cable tv where shows rely on the same people who say the same things over and over again and no wonder cnn hates rogan, he's widened the universe as they shrink it. i believe i'm the true hero. i heard rogan has a bronze but of me right next to the bong. there he is just tuesday on his podcast where he claims fox and others had his back. >> who would

and getting comfortable with one stock ahead of the open today, up 8% already >>> later on sorry spotify, chalk one up for amazon linking a streaming deal with two of the biggest names in the business. if you're watching television right now we're showing pictures, if you're on the radio you have to tune in. we have a busy hour when "worldwide exchange" returns after this break ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. ♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my piano. kick pain in the aspercreme. >>> welcome back to "worldwide exchange." let's get a check on the u.s. futures picture this morning after a bounce yesterday for the markets. the dow and the s&p 500 posting their best day in six weeks but right now we could be giving a bulk of that back, the dow implied lower b

he will be taken off spotify, youtube, facebook, twitter.hey are the modern version of book burners. canceling, silencing, book burners. narrowminded, intolerant people. there are a current of world history and american history. socialism leads to two things, poverty and oppression. socialism is not a new idea. it is one of the oldest and dumbest ideas of the 21st century and resulted in hundreds of millions of deaths. these democrats have no idea how the real world works and are acting like they invented socialism. they have never read george orwell. they don't know that they're making his predictions come true. but they are proposing is not just wrong, its people and the results are people. -- art -- it's evil and the results are evil. biden administration has figured out how to combine -- with incompetence. [applause] inflation, abdi shelves. in america we have babies without formula? in bashan at the border, drugs and criminals marching in every day. inept withdrawal from afghanistan. murders all across this country. -- here is the good

well, you can now tester vocal skills using spotify's new karaoke feature.tarting next month, but some users already have access to see if you have it, pick a song, then select the lyrics option at the bottom of the screen. once you see the words to the song, you can select the seeing option on the top right corner. and the new mode will also rate you're singing. that would do it for kron. 4 news at noon right now. let's send it over to olivia horton for live in the bay. can you sing? well, olivia, i listen. all i heard is and i don't know about shoe but karaoke is my while i'm going to i'm going to allow you to do it because i am leave that to my daughter, zahara and appreciate it. well, listen, coming up on the show, another fun show coming up on today's roster. you listen to him on your afternoon. drive. >> morris night from 96 5 it is back in studio for another round of buzz in the bay. then are you in sf music fan? what you need to check out the san francisco music hall of fame. >> we're more about their more than 90 exhibits. plus the film how successf

the company has committed more than a billion to podcasts, spotify stock down 50% this year , movinghe moment. all right, so today, okay, i'm looking at it right now. natural gas down about 6.5%, but hit a 13-year high this week on increased demand for air conditioning, as spicy summer temperatures sweep through the nation. utility stocks are on the move, natural gas, of course is well- above $9 per million british thermal units over the past several weeks right now it's at $8.69 and look at these utilities, they are under stress but it's the blazing temperature s and the lone star state that have bitcoin miners conducting heat wave prep so the states power grid doesn't blow it like it did during the snow-vid, get it, covid, in 2021 when the outages caused life of death situations. we go live to susan li standing by the largest crypto mining facility in the u.s. , riot blockchain in austin, texas, susan? >> yeah, so the texas power grid system as you know is pretty tricky meaning that it requires the perfect balance of supply and demand in order to run smoothly and what these bitcoin

you will be taken off of spotify, youtube, facebook, twitter.ou are the -- they are the modern-day version of above burners, they are book burners. these are the most narrowminded our country has ever seen before. they are ignorant of world history and american history. socialism raises two things. poverty and oppression. socialism is not a new idea. it is one of the oldest, dumbest most discredited ideas in the 20th century and resulted in millions of deaths. , crabs have no idea how the real world works. they never read george orwell, they do not know that his predictions come true. what they're proposing, it is not just wrong, it is people and the results are evil. the biden presidency, he has brought one new thing, they have figured out how to emerge radical left-wing policies with absolute gross incompetence. [applause] in america we have a babies without formula. drugs and criminals marching in every day. they are trying to dr. nate all of our kids -- indoctrinate all of our kids. murderers all across the country. look around the countries

the today's team is teaming up with spotify. aimed to get your party started this parade month. to see a full playlist, search for today's pride on spotify. >> oh. oh. >> kind of has a club feel. >> i love it. >> i think the song of the day is, we are the champions. the prey does not even start for five hours. it is going to go off without a hitch if the city workers have anything to do about it. we will have coverage about everything you need to know if you're planning on heading into the city or if you want to watch it with us at home. >>> if you cannot make it to the parade, do not worry. coverage starts at 9:30. we will have so much for you. it will be a good old time. make sure you tune in today to nbc bay area. mike has a look at that commute as you are heading in this morning. it is what you can expect. there are a lot of people out there. how should we dress? >>> it is going to be nice uncomfortable. i'm going to wear short sleeves today because it is going to be warm in san francisco. you might want a light jacket if yo

>> oh, yeah, yeah, in the year 2050 it'll be on spotify. tune right. >> exactly. i'll have janai drop some bars in there too. >> i love it. all right. finally tomorrow is world environment day and while the queen here has been celebrated for her work in conservation, google the tree of trees if you haven't, one american is doing her part as well. this is jody, a black rhino who loves papayas so much so that she's become a composting maven. animal care experts at busch gardens first noticed a papaya plant near her habitat and years later it's a, quote, fully cyclical state certified composting plant thriving with papaya bearing trees all because of jody. it really is the circle of life. the moral, if you want to be a state certified composting plant, get a rhino. >> wow. >> to do the composting for you. >> and, will, i have to say the only thing better than seeing jody eat the papaya was seeing you with the oysters. >> i'm not kidding. the oysters were like -- >> massive. >> it was a big oyster, yeah. >> abalone. thanks, will. >> thank you s

first of all, spotify. i think you're very bullish on spotify.ht up, right? >> [laughter] i'm not sure anything, unfortunately, is going straight up in this market environment, so look, the backdrop here is inflation risks rise, that means interest rates rise, that means long duration assets or high multiple future profit stocks like a lot of growth in tech stocks they underperform in that market. that said, i like spotify as a long term play. the stock is materially dislocated. i think this is the global leader in streaming. i think the shares can go up materially, but not in this environment, and we need a path to more stable rate rises, news like we got this morning means we're not going to get there. stuart: i thought you were going to say that spotify would go to over $200 a share, but you're pulling back on that, given the inflation news and the fed likely moves, right? >> it's hard to change price target just on one morning cpi data but yeah. i still like this as a long term call. i'm trying to be as defensive and cautious as possible. not

i enjoy listening to "varney and company" on spotify while working out.ything when i am working. do you follow us? susan: i listen to spotify but i'm trying to build my next billion-dollar unicorn. stuart: good idea, watch out for cryptos. your music? ashley: i do. i'm a huge music fan, wide range. your favorite rapper is florida. i got that earlier. we play great music on this show, really do, good mix. susan: a slow rider? stuart: if you follow us on spotify, scan the qr code in the middle of the screen. we post new playlist every week. raymond wants to know, when you were younger, where in connecticut did you used to be a waiter? i was a waiter in stratford, connecticut at a restaurant called fagan's. i was a waiter, forget the name of it, on the side of i-95. i made $8,000 and put 8,000 in the bank in 1972. did you have any jobs before tv? ashley: yes. i was a bartender in a boat on a marina in england, a bank teller for lloyd's manke worked for the bank of montrÉal, i was a driver in college all over la. a ton of jobs and enjoyed them all. blue one s

coming up, some alarms made see the new update on spotify.c commissioners calling on apple and google to remove tiktok from their app stores. brendan carr says there is troubling evidence and how tiktok is handling user information. he's pointing to a buzzfeed report that uncovered ways that the tiktok parent company managed to access information from the u.s. cars giving apple and google until july 8th to remove the app or explain why. >> well, you can now test your vocal scales using spotify's new karaoke feature. the update will be available for all users starting next month, but some users users already have access to see if you have it. you just select the song. then you select the lyrics option at the bottom of the screen and that what you see the words to the song, you can select the saying option on the top right corner, the new mode also will rate your singing that part. you might want to leave off. >> haha, i don't want option. that that will do it for kron. 4 news at 8 o'clock. but dan thorn ella sogomonian are here with kron. 4 ne

similar posts are popping up in spotify and apple music's social media. and we understand you can preorder the cd with other swag on beyonce's website. word is this is one part of a multi-part album. this could maybe be the reason beyonce was not with jay-z and their daughter blue ivy when they were spotted monday night at the nba fijs. she is busy, mom's got to earn some money. >>> soccer is coming back to the bay ar-- to the united states. we learned which cities will host this year. >>> a city trying to bridge the divide to >>> welcome . santclas the 2026 men's world cup. >> the third city in the west, the golden state city of san francisco and the bay area. >> congratulations. a watch party held at levi stadium where some of the games will be held. the tournament will take place in several u.s. cities, also in mexico and canada. the first time the world cup has come back to the united states since 1994 and the first time that multiple nations will host the same world cup. congratulations. >>> that's it for kpix 5 at 3:"cbs evening news" is next. we wi

follow us on instagram and twitter at the news on cnbc, and listen to the podcast on apple, spotify,ng up... you were so good to me. you worked hard to save for my future. so now... i want to thank you. i started investing with vanguard to help take care of you, like you took care of me. te quiero, mamá. only at vanguard you're more than just an investor you're an owner. helping you take care of the ones you love. that's the value of ownership. ♪ ♪ helping you take care of the ones you love. make way for the first-ever chevy silverado zr2. with multimatic shocks, rugged 33-inch tires, and front and rear electronic locking differentials. dude, this is awesome... but we should get back to work. ♪ ♪ this good? perfect. if you're gonna work remote... work remote. find new workspaces. find new roads. chevrolet. hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. an

another company with the fast-growing ad business is spotify and it's the leading audio platform with massive presence, post malone will be appearing in just a couple of hours. i sat down with don ostruf she says her business is benefitting from that shift from traditional to digital formats. >> obviously, we are very cognizant of what's happening in the world and all of the talk about there being a lot of headwinds, but as of now we have not seen any of those headwinds specifically through the advertising business that's not to say things won't change, as of now, it's still pretty consistent and been fairly positive. >> that positive outlook was echoed by nbc universal's ceo jeff shell i interviewed him on the main stage here and he talked about the strength they're seeing still in that ad spending. you can find more from my interviews here in cannes on cnbc.com kelly? >> all right i'll pick it up for you, julia thank you very much. wish i were there. up next, three big movers in today's three-stock lunch. we'll talk about altria. you know what's happening there with jewel we'll talk

so that involves, yeah, making -- wheeling and dealing with netflix, with book deals, spotify deals,e things, to build the brand that they're working towards. the archwell brand. >> reporter: between their netflix show and prince harry's upcoming memoir, the public could get further insight into the family's relationship with the monarchy. for now these brief appearances, just a small step perhaps toward harmony. was there any hope there would be some kind of reconciliation? or did people just went to see this get through without any controversy? >> i think anyone expecting there to be moments of reconciliation or peace talks or anything that's considered a major olive branch, it's not going to happen during this trip. that said, families do have arguments, there are fallouts, and they come back together in celebratory moments as well. and step forward a little more healed from that. >> our thanks to deborah. >>> we turn now to uvalde, texas, where a heartbroken community continues to say good-bye to the victims of the robb elementary school shooting. tonight we're learning that the

and the song running up the hill is now number one on spotify after being featured on the show.85 but it is having rae surgence. finally, a fury face-off. >> check out this video on the inside of the home. an 8-year-old wheaton terrier named ben. on the outside, a bear. only a window screen separating them. >> the feeling sluggish or weighed down? it could be a sign that your digestive system isn't working at its best. taking metamucil everyday can help. metamucil psyllium fiber, gels to trap and remove the waste that weighs you down. it also helps lower cholesterol and slows sugar absorption to promote healthy blood sugar levels. so, you can feel lighter and more energetic. metamucil. support your daily digestive health. feel less sluggish & weighed down after just 14 days. complete the 2-week challenge and receive a $5 reward. hey! it's your dry skin. every day we lose ceramides i need to seal in moisture. cerave delivers three essential ceramides to help restore my barrier, so i can lock in moisture, feel hydrated, and look healthy. cerave facial moisturizing lotions. if your

spotify is slowing hiring by some 25%. the wires saying in an email to employees this was necessary given the current environment. now again that is not an outright cut but of course spotify like a lot of technology companies before the downdraft in the market were hiring hand over fist, any and all workers they could just to keep up the demand for their services. spotify indicating that is going to slow down. when you slow down, the next is to cut jobs. they haven't gotten to that point. it is sign, maybe, maybe, not so appealing transactions or attractions i should say. meanwhile this tech downturn continues. it is unrelenting right now. the nasdaq, dominant home for most, down 450 points. that is not only bear market territory. a lot of those components are down 50% or more. susan li following all of that and what has been happening certainly on the crypto front besides. reporter: neil, you're looking at nasdaq for cryptocurrency prices. biggest loser companywise is at least microstrategy, which has become a bitcoin hol

one of the most successful singles of all time having been streamed more than a billion times on spotifyar's women's french open in paris. she easily beat american teenager coco gauff in the final in straight sets. the score was 6—1, 6—3. it's the second time the polish star has won the french open. this is what she had to say afterwards. i'm also, like, more aware of how it is to win a grand slam and what it takes, and how every puzzle has to, you know, come together, and basically every aspect of the game has to work. and with that awareness, i was even more happy, again, even more proud of myself — because in 2020, ijust felt that i'm lucky, you know? and this time, i felt like i really did the work. in the 70 years the queen has been on the throne, many politicians have come and gone — including 1k us presidents. the bbc�*s sophie long reports on the queen's relationship with america and its leaders. queen elizabeth's leading role in the special relationship between britain and the united states dates back before accession to the throne. archive: princess elizabeth plays hostess _ to

remember to subscribe, download, and follow on apple podcasts, spotify, or wherever you listen. we will see you next time. thanks. [cheers and applause] ♪ ♪ ♪ ♪ >> from the bay area's local news station. you're watching kron. 4 news at all. >> tonight at 5 dubnation is ready. the nba finals are back in the bay tonight after the warriors tied up the series in boston friday. thanks. in large part to an all-time performance by steph curry dubs. now try to take the lead here tonight in game 5 as the series returns to chase center and the warriors will be in front of there. home crowd. much more friendly atmosphere for the worse. thanks for joining us tonight. a kron 4 news at 5. i'm grant lotus and i'm vicki liviakis. yeah. the warriors trying to win game 5 tonight before heading back to boston to play again on thursday. but, you know, in order to do that, they're going to do something that no team apparently has been able to do in the playoffs, beat the. >> boston celtics 2 times in a row because boston is really good. we have team coverage tonight. kron four's taylor. the second i

it was streamed more than a billion times on spotify alone and still counting.to his mother's life and work, with a bit of fun in between. your majesty. mummy. cheers and applause the scale of this evening's celebration and the outpouring of warmth and affection over this wholejubilee weekend is our way of saying thank you — thank you for your family, the country, the commonwealth, in fact, the whole world. on behalf of us all, i wanted to pay my own tribute to your lifetime of selfless service. in pictures, in words, and in light. your family now spans four generations. you are our head of state. and you are also our mother. your strength and stay is much missed this evening. but i'm sure he's here in spirit. my papa would have enjoyed the show and joined us wholeheartedly in celebrating all you continue to do for your country and your people. but i know what really gets my mother up in the morning is all of you, ladies and gentlemen. all of you watching at home represented here tonight in this great audience. your majesty, you've been with us in our difficult

i will leave it up for a couple seconds and then follow us on spotify. time is up.against the us currency and whether they see inflation on the bottom line but shopify, wise the dollar important, it is up because of inflation because of interest rate expectations but if you have the yields coming down because opec agreed to a supply increase, oil prices and lower inflation, much positive for high-growth high-tech. we when it all went up to $116 a barrel. up another bucket. lauren: you see the opec plus agreement to pump half a million extra barrels of oil. stuart: is that going to stick? lauren: i thought that was pretty positive. stuart: let's move on, earning. susan: a prophet instead of a loss, the game stop reported higher sales growth, shoppers going back to the stores. a better-than-expected smaller loss, looking at some pretty good gains across the board. stuart: 18% up after -- it is way down. susan: there is some recovery when making money instead of losing money. stuart: i will call that a recovery up 18%. susan: when microsoft came up with that warning, t

you can find it on all devices, podcasts available on spotify and itunes. talk more about the market, goals extending ahead of the gains. we will talk to clive t. johnson, the founder of b2gold. bitcoin is trying to be a store of value long-term, where does that leave gold? we will break that down. this is bloomberg. ♪ >> the td securities global head of -- is joining bloomberg. this is bloomberg. alyx: keeping you up to date with news around the world -- ritika: keeping you up-to-date with news around the world. thanks in romania, the leader said discussions between ukraine and the european union were suspended. this is after any uproar after saying -- "humiliate moscow." the asset manager for one of the artist privately owned management firms, oversaw -- >> we think it is part of studying opportunities in the risks that of companies. >> think there is -- in sustainability? >> absolutely. i believe that. ritika: they talked about the challenges of running a partnership in this industry. in yellowstone national park, flooding that damaged homes. roadways we

other companies are also taking action against apple's commission in 2019 spotify sued in europe, prompting the european commission to initiate anti trust proceedings. in the u. s. game developer epic games also filed an anti trust complaint in 2020 apple c. e o jim cook had to defend himself in court. this is about the strap. all this isn't about saying anyone. this is about giving us all a chance. an access to the market and the tech companies decide under what conditions others can enter their system. in the process, they collect oceans of data. facebook holding company meta alone, as a total of $3000000000.00 users, thanks to it's acquisitions of whatsapp and instagram. shashana zuba of an author and professor america at harvard cause it surveillance capitalism. they invade our private lives through surveillance. they extract from our lives, rendering what they extract as behavioral data. and then they claim those behavioral data as their private property. that's how surveillance capitalism works. this is a fundamentally illegitimate operation. the deed is used to advertise products and

great things and he went on to be this multi-platinum artist with 1.6 million, you know that stuff on spotify, streams. thank you. ya'll know i'm old. but here's the special thing about him, he continues to give back to the community. and so ladies and gentlemen, i want to platinum recording artist 24k golden. where's the walk-up song? ♪ oh, baby you you got what i need, but you say i'm just a friend ♪♪ ♪ oh, baby you, you got what i need ♪♪ >> so let me just say, i wanted to invite him here because not only did he participate in some wonderful programs in san francisco, he's really a star. he's performed on the grammy's. he performeded here at what was that concert here? yeah. outside land in front of thousands of people, but he's not just a talented singer and recording artist. he worked so hard to perfect his craft. ment he worked so hard to do everything it is that he's doing and because of his hard work, he's a success and he's right here from the city and county of san francisco. so you should be proud. so i wanted to do something special and i asked him to come talk to all of you and h

apple podcast, spotify, spock fox news podcast.com. kellyanne conway this week.ds and lies: the patriots". - there is no more justice left in britain than there is in hell. - under our plan, we remain part of england.

you can also find us later on the spotify and itunes area. the podcast area. alix? definitely looking forward to talking politics on that. we have a conversation on the future of mobility. we will take you to the latest there. this is bloomberg. ♪ ritika: you're looking at a live shot of the principal room. coming up, patrick palfrey, credit suisse senior credit strategist. don't miss it. this is bloomberg. alix: a summit is underway in bentonville, arkansas. the event brings together investors and founders to discuss everything from battery upper -- battery operated to ev technology. over $1 trillion will be represented at the conference. joining us from the summit are cyrus and stewart, and bloomberg's ed ludlow is on the ground. ed? ed: good morning. it is big. we are coming off the two year hiatus from the pandemic. i am joined by cyrus and stewart. cyrus, i will start with you. what is the goal of us all being here in northwest arkansas? cyrus: thanks for being here. our main goal is to bring together investors, entrepreneurs, with one mission to transform the

you haven't done so, follow our podcast if you miss "worldwide exchange" check us out on apple or s spotifyout the latest winners and losers on the s&p so far some of the losers in the s&p. the top five biggest s&p gainers with no ocshk. oil and gas companies. we're right back after this. in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. ♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my piano. kick pain in the aspercreme. >>> a tuesday turn around trying to take shape. futures are pointing now to a rebound after the s&p enters bear market territory. hitting a milestone not seen since the financial crisis. >>> a more aggressive fed on deck the central bank eyeing a higher rate hike as the policy meeting kicks off today. jon najarian and mark mobius layout the strategy shift will mean for your

if you miss "worldwide exchange," brian sullivan, check us out on apple, spotify "worldwide exchange"will be right back only at vanguard you're more than just an investor you're an owner. that means that your priorities are ours too. our interactive tools and advice can help you build a future for the ones you love. that's the value of ownership. >>> investors hoping to shake off a rocky may with a new trading month set to take off and futures suggesting a potentially positive start to june >>> top priority president biden and jay powell coming together on how to tackle higher prices as one of the president's top officials admits miscalculation on inflation's true impact. >>> and after two months shanghai reemerges from strict covid lockdown as they try to kick start the stalled economy live in china with the very latest on wednesday, june 1st right here on "worldwide exchange." >>> welcome back to "worldwide exchange." i'm frank holland in for brian sullivan begin with futures as we always do right now, kind of flat. the dow up slightly above pretty much fractionally. the nasdaq down

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. >>> if you have not done so, follow our podcast check us out on apple or spotify or podcast app of choice we'll be right back. think he's posting about all ncient roman coinage? no, he's seizing the moment with merrill. moving his money into his investment account in real time and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. when it comes to cybersecurity, your money never stops working for you with merrill, the biggest threats don't always strike the biggest targets. so help safeguard your small business with comcast business securityedge™ it's advanced security that continuously scans for threats and helps protect every connected device. the choice is clear. get unbeatable business solutions from the most innovative company. so you can be ready for what's next. get started with a great deal on internet and voice for just $49.99 a month for 24 months with a 2 -year price guarantee. call today. >>> hiring headwinds first it was facebook, uber and coinbase now tesla cutting back staff among the new economic warning

otherwise down y year >>> if you haven't already done so, follow our podcast check us out on apple or spotifyother podcast apps. >>> and during the volatile and uncertain times for markets, cnbc is offering suggestions on how to invest your money here is sharon epperson on how to hold on to cash >> here is a tip for your money. holding on to cash is critical in the market down turn. a poll finds 37% of boomers say they made progress in creating an energy fund keeping sufficient cash reserves in a savings account spritepara from investments you don't have to tap into other investments if you need moy.ne for cnbc, i'm sharon epperson. when their work and home lives are busier than ever. well that's why we gave cyborg assistants to everyone in the company. they handle the "home" parts, so we can keep working. mmmm, delicious. shhhh, shhhh. you know at cdw, we can design a productivity solution with lenovo devices that offer fast, reliable connectivity to help your people manage their workloads, with or without cyborgs. perfect, 'cause this guy needs a little work. for technology that moves you f

you cannot grab us on itunes or the terminal, you can certainly find it on spotify and itunes for thest. alix: coming up, we have three days of meetings in germany. she seven meters rap -- leaders wrapped the gathering with little progress. we are going to break that down with martijn rats of morgan stanley. this is bloomberg. ritika: keeping you up-to-date with news from around the world, here is the first word in san antonio, texas a hospital has confirmed the death of two more people found in an abandoned semi trailer. apparently victims of heatstroke. authorities believe they were migrants. texas has seen a surge of immigration in recent years. smugglers sometimes use commercial trucks. runaway food inflation may be tamed soon. commodities have been following -- has -- have been following. the bloomberg spot indexes on track for its biggest on flee drop since 2011. fears of grain shortages is giving way to optimism that key producers will reap a huge harvest. credit suisse is seeking to emerge from two years of scandal and losses. the bank is promising to boost its business with r

digital radio on bloomberg devices, spotify and apple. looking forward to the show.talk about read this is bloomberg. ♪ ritika: you are looking at a live shot of the principal room and coming up, [indiscernible] joining us at 1 p.m. new york time. this is bloomberg. keeping you up to date with news from around the world, i'm ritika gupta. the german chancellor, the french president, and the italian prime minister backing up ukraine's efforts to join the european union, adding momentum and a show of support to fend off the russian invasion. the leaders of the three biggest economies in the eu them the moscow attacks after a joint visit to kyiv. it's the highest profile delegation there since russia invaded the country in february. some major members are looking to germany for cues about how to boost their defenses against russia. allies considering a new german model in the long-term defense planning. germany has been purchasing units to be deployed to lithuania at short notice. with an alternative in debating the most vulnerable part of the state. the u.k. spotlight

s and, g down 9% and spotify is moving higher after the first investor day in four years ceo saying businessdoing well they expect 100-billion in revenue in the next decade and thinks podcasts have 30 to 50% margin potential and that has spot up 5% today. tyler. >> thank you very much and good afternoon, everyone. attorney general, merrick garland, promising the justice department will continue tado everything it can to protect supreme court justices after this morning's arrest near the home of justice brett kavanaugh after he said he was there to kill the conservative justice. >> this kind of behavior is obviously behavior we will not tolerate actual violence against justices strike at the hoeart of our democracy. and we'll do everything we can to protect them and hold people accountable. >>> and arresting a 36-year-old man convicted of killing an 8-year-old girl. the first death penalty in six years. president biden said he thinks voters in last night's primary sent a clear message they want both parties to do something about crime and gun violence the special tit that could get diabetes p

if you cannot catch us there you can join me on spotify and apple podcasts.e talking about inflation, as well as the ecb. then, of course, jamie dimon's head scratching comments on the economy. oil is higher. opec members are considering whether to suspend russia from a production deal. opec-plus also reducing their surplus estimates for this year. details next. this is bloomberg. ♪ ritika: this is bloomberg markets. i'm rate go to. coming up, quincy crosby, the prudential chief market strategist. this is bloomberg. ritika: keeping you up-to-date with news from around the world, here is the first word during the u.s. is ramping up military support to ukraine. president biden says he will give the ukrainians advanced rocket systems and weapons that will allow them more precision. the weapons will light ukraine hit targets as far as 15 miles away. the u.s. says ukraine has agreed not to use the weapons to attack targets inside russia. in the u.k. consumers are being urged to race for inflation getting worse before it gets better. the british retail consortium s

you can find us on your terminal, apple, spotify, iheart radio, and wherever you get your podcasts.ly chang in san francisco. this is bloomberg. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees.