xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.meritrade 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. sonali: this is bloomberg markets. commercial real estate deals are starting to pick up again but at the discounts forcing lenders to break loans. to do some banks had portfolios of commercial real estate loans that regulators said would merit more screening. scott kelly founder of aetos capital real estate along with abigail doolittle. when you think about the troubles we see in the regional banking system. is there a lot more still? scott: we are at the early stages. one of the things that regional banks did during covid's increase their exposure to commercial real estate because there was very little de

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xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.atie: katie: luxury katie: -- katie: luxury eeev maker lotus trading on the market today. joining us now for four from the nasdaq is elected -- is alexious lee. great to have you with us. let's talk about timing because lotus tech has been looking to go public since at least early 2022. why now? alexious: good morning. thanks for having us today. lotus right now is 80 years old. we are in a good position. we have developed more cars. we think we are in a unique position where we are early movers in this space. we have made a commitment to do full electrification and the listing will enable us to execute our strategy and fulfill our commitments to shareholders and investors. katie: when it comes to going public in 2024 versus 2023 or 2022, is there anything we can extrapolate their from this is lotus tech's thinking on the public market appetite and appetite for ipo's? alexious: we have raised $880 million from this transaction. it's a sign of confidence from investors that the lotus br

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xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ook now. that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. jonathan: equitiesjonathan: on the s&p 500 totally unchanged this monday morning after closing above 5k for the first time ever. yields are a lower this monday, down a basis point or two. trump taking aim at nato. >> you have to pay up. they asked me that question, the president of the big countries. if we do not pay and we are attacked by russia, will you protect us? i said, you did not pay cut your delinquent. he said, yes, let's say that happened. i would not protect you. i would encourage them to do what they want. >> here's the latest, donald trump's comments during up backlash from world leaders. the world in which the decline of u.s. foreign policy is a world in which geopolitical risk rises for markets. let's go straight to those comments from the former presi

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.ay github, an ai developer platform is making copilot enterprise available to every organization for $39 per user per month. ba offering is personalized for each organization making it possible to streamline code navigation and comprehension. here with more, thomas dohmke. if you already this coder like me or a veteran -- a novice coder like me or a veteran, this is a helpful navigation. i guess you are targeting those two different end markets. thomas: what we have seen is companies no longer just look at digital transformation, they're looking into the ai transformation. copilot started it all by giving developers ai based auto suggestions. with copilot enterprise, it can be customized to all of the internal knowledge of an organization. imagine you are a new development bloomberg, it is your first day, you can ask copilot how things are done. all of the institutional knowledge at your fingertips. ed: part of this and similar tools is the predictive nature. you're writing a line of c

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ook now. ♪ lisa: retail sales and jobless claims, this is bloomberg surveillance alongside annmarie hordern as well as manus cranny. jon ferro on a well-deserved a few days off. right now we are seeing markets with another lift after an incredible retracement yesterday. stocks futures going still above 5000 after clawing back some of the losses made on fears of inflation. what inflation? 5024 on the s&p. the euro gaining vs. the dollar. even with some weaker than expected data out of europe go into that in just a bit. the 10 year yield down just slightly again. a time when people are expecting the fed to still cut even if inflation is a bumpy road lower end of course, crude a little bit lower as we talk about the oversupply. under surveillance this morning, ukraine aid facing an uphill battle. >> $60 billion, with a b. they want to give $60 billion more and i said wait a minute, do it this way. loan them the money. if they can make it, they pay us back. if they can't make it, they don'

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.k now. lisa: this is "bloomberg surveillance." welcome back. jon is off today. manus cranny joining us, which is a great thing. to parse through a muddled week, although of gains. this has been a key moment where we are seeing more layoffs, although people are getting hired, but -- but stocks continue to rally. futures crossing that 5000 mark solidly, up another .2%. the euro-dollar is doing nothing, basically. and 10-year yield higher by about three basis points. the white house, urging caution in gaza. >> we continue to believe that under the current circumstances, without a credible plan to account for the more than one million palestinians in rafah, a major operation would be a disaster. we agree with that and we are continuing to talk to our israeli counterparts about what that might look like. lisa: international pressure mounting as israel prepares for are a major operation in rafah. profit is the final location of an unknown number of israeli hostages. joining us now for clarit

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ook now. >> live from new york city here's your equity market down by one third of 1% following the biggest one-day loss going back to september on the s&p. a border deal hitting the wall in congress. >> house republicans are not here to supply more buckets. we are here to stop the flow. stopping the flow is not rocket science. it takes political courage, it takes transformational policy changes. we know what policy changes will accomplish here. it is not republican talking points this is what the experts at the border and the epicenter tell us is necessary. >> house speaker mike johnson casting doubt on a deal to secure the southern border leaving the fate of the bipartisan bill in question. the latest poll showing voter concerns about immigration gaining ground on the economy is the top issue. six in 10 swing state voters say president biden bears responsibility for a surge in migrants of the u.s. mexico border. our policy analyst at raymond james joins us for more. we will talk abou

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know. book now.onathan: beginning the week by pulling back from all-time highs on the s&p 500. yields unchanged, anything but unchanged over the previous next sessions. right now this morning the 10 year 4.1559. president biden making a plea to congress. >> pay attention to what the senate is doing. you got a bipartisan deals and we see that this week. the bipartisan bill gives us control and still meets the needs of the people who illegally come across. shutting down the ones not coming through the points of entry. jonathan: gop support souring on a deal to impose new u.s. border restrictions and the locke ukraine aid. the planned vote is too soon with top gop negotiator james lankford singh the legislation is a work in progress. director for the united states eurasia group and former policy advisor to mitch mcconnell joins us now. how narrow is the path to get this bill through congress? >> right now i don't think there is one. this bill has been rejected outright by the house of representatives an

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ook now. and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. jonathan: equities are a little bit softer on the s&p 500, we are down by 0.06% with yields higher by single basis point. on "surveillance" this morning, the senate border deal dead on arrival. pres. biden: all indications are that this bill won't even mo

xi-chun, xi-chun, xi-chun! you've got more options than you know.you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh ♪ ed: welcome back to bloomberg technology. as mondays go, it's a business one peer let's start with some markets. this is more like a psa from last week. amazon has replaced alliance on the dow jones industrial average. that is an index where weightings are done on a shareprice basis, not on a market capitalization basis. something that was announced last week after tuesday's market close but i was on vacation. i missed it. the point being it is effective as of monday's session. if you look on your bloomberg terminal, you will see amazon down 2% rate what precipitated it was a three for one stock split, not by walgreens by walmart. another stock we are watching closely to the downside is alphabet, parent of google. there has been so much discussion, particularly on x about the image generator on gemini. an update from google in the last hour or so, the c

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.uang says artificial intelligence will matter to every single country and industry on the planet. i spoke to him, nvidia's ceo yesterday, listen to this. >> you've seen india, japan, france and canada, south asia and singapore, speak up about the importance of investing in sovereign ai capabilities. it has become abundantly clear to each one of the countries that their natural resource, which is the data of their country, should be, should be refined and produced and intelligence of their country and for their country. the capability of refining the data of their country and turning it into their artificial intelligence is now possible in quite a democratized way. almost every country should be able to do it for themselves. what's needed is the technology and the know-how of standing up ai infrastructure. that's where we can be helpful to various regions. i think that the recognition of the imports of sovereign ai capabilities is quite doable. >> is that ability to help extending to ch

xi-chun, xi-chun, xi-chun! you've got more options than you know.>> welcome back to "worldwide exchange." looking at futures here and the dow would open almost 100 points lower. let's see how europe is shaping up. joumanna bercetche is in the london newsroom with more on the early action. joumanna, good morning. >>> good morning, frank. i'll kickoff with the view of how asian markets have done. the hand over is not pretty from the chinese equities. at the end of the day, the shanghai composite was down 1%, it was down more. the shenzhen ended the day 3% lower. this is a reflection of how much these chinese indivisces hav fallen. the hang seng is down .10%. the green on the board is the nikkei in japan up .50%. for european indices, some are trading in the green. the ftse 100 is up .25%. we just had the final pmi numbers for the month of january coming higher than the flashes estimate. good news on the activity front especially because they are above the 50 mark with contraction over expansion. they are in expansionary territory. ftse mib is up 1% on

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xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. technology. caroline: let's get a check on these markets. we anticipate cpi print tomorrow. there is a lot that dictates where we go in terms of fed policy driving overall benchmarks today. the nasdaq 100 still powering on . also look at the s&p 500, reaching that technical level of 5000 friday and we still manage to claw our way higher. i'm looking at bitcoin as well, on a tear. we are almost reaching the $50,000 level, so all eyes on some of these risk assets. owing to the individual movers, we have what is happening around the super bowl and temu seemed to be a winner in terms of its ad that played. i am looking at some record highs that keep on being hit. phenomenal move, 36% higher. the earnings are still feeding this around the ai and the way this company can benefit from it, so phenomenal moves and another record high. look at what is happening as well, up more than two percentage points. it feels as though there is desire to get into these big tech names but you have more on s

. ♪ xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.nk he's having a midlife crisis you've gi'm not.options than you know. you got us t-mobile home internet lite. after a week of streaming they knocked us down... ...to dial up speeds. like from the 90s. great times. all i can do say is that my life is pre-- i like watching the puddles gather rain. -hey, your mom and i procreated to that song. oh, ew! i think you've said enough. why don't we just switch to xfinity like everyone else? then you would know what year it was. i know what year it is. katie: farmers are protesting in brussels as e.u. agricultural ministers meet. the protesters are demanding more support from the bloc. it is the second major protest in recent weeks as farmers rally against bureaucratic hurdles, trade deals, and efforts to help ukraine sell its grain. for more on the agricultural industry, we are joined by patrick bowe, ceo of the andersons. let's start off with a geopolitical context. it has been two years since russia invaded ukraine. that war is still ongoing.

xi-chun, xi-chun, xi-chun! you've got more options than you know. thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh certainty matters. like the certainty of congratulating coworkers or saying thank you for being a customer. with promotional products from four imprint, our expert team is dedicated to making your satisfaction a certainty. land the perfect products at four imprint.com for imprint for certain. welcome back to bloomberg technology. i'm caroline hyde in new york and i'm ed ludlow in san francisco. let's check on the markets quickly i think earnings is a big driver. but economic data is as well on the week. sad to say. the nasdaq 100 is down by almost a percentage point. i think we're still a little bit concerned about how sticky inflation is. and then we go back to the fed and we say, well actually ma

xi-chun, xi-chun, xi-chun! you've got more options than you know.k now. katie: the nonalcoholic beer market expected to grow by 2030. i'm thrilled to say bill is joining us from the athletic brewing company. cofounder and ceo. they are the market leader in the nonalcoholic space according to an iq. i do like alcohol but even i know how popular athletic has gotten. last year you saw over $90 million in sales. talk about that journey just to set the scene here. bill: i was one of the world's largest hedge funds which is a great career. nonalcoholic beer is an undeniable opportunity. this is an opportunity to change the way the world drinks braided humans -- this busy modern lifestyle they're such an opportunity to welcome more and more people into the adult beverage space and give them the culinary and social experiences. we really stepped into that making the best tasting beer out there and then really bringing aspirational marketing behind it as well. it's really been a brick by brick story where i quit my job on wall street. we started homebrewing

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know. book now.onathan: cpi data later this morning. equity futures a little bit softer. negative one third of 1%. down a single basis point. under surveillance, president biden pushing for a pause in gaza. pres. biden: as the king and i discussed today, the united states is working on a hostage deal between israel and hamas which would bring immediate and sustained. of calm to gaza for at least six weeks, which we could then take the time to build something more enduring. jonathan: president biden pushing for a six weeks pause in fighting between israel and hamas. the meeting amid growing concern about a potential israeli ground offensive in a city were over one million palestinians have fled. king abdullah calling for an end to the war, say we cannot afford an israeli attack on rafah. it is certain to produce another humanitarian catastrophe. joining us is norman roule, former u.s. intelligence official. could we take a step back and look at the original objective of the israeli military, which was

xi-chun, xi-chun, xi-chun! you've got more options than you know. caroline: welcome back to "bloomberg technology." let's get a quick check on these markets. we are seeing a little bit of profit taking, perhaps as we anticipate fed speak. as we anticipate fed minutes come wednesday. the nasdaq is currently off by 1%. 10-year yield, down about three basis points. bitcoin actually coming down a little bit, but only a tiny bit. we are still near that $52,000 level. move on and look at some of the micro pictures. across the board it feels we are seeing some profit-taking today. whether it be in nvidia, off by 5.6%. but remember, it has tripled since the beginning of 2023. but stocks more broadly. the semiconductor index is seeing chipmakers fall across the board. the only one outperforming is global foundries. let's talk about what micro is macro. how much we are focused on whether the ai hype is real particularly around nvidia. liz young is with us. is it all about nvidia? do we care much about the fed when we come to more of a focus on ai right now? l

xi-chun, xi-chun, xi-chun! you've got more options than you know.k now. ed: time for talking tech. samsung executive chairman has been acquitted of stock manipulation charges, removing the threat of jail time that has loomed over one of korea's most common and business people for years and lifting away the company as it struggles with the global downturn and more competition from apple and the smartphone space. shares fell as much as 30% to record low for atos after they dropped plans to sell 777 million dollars in equity rights. seeking a mediator to help renegotiate financing with lenders. $5.2 billion deal to shale -- sell its -- develop projects abroad after divesting russian units that generated most of its revenue. >> back to keep an eye on snap. cutting 10% of the global workforce as an of the tech sector continues to see layoffs more broadly. also anticipating the numbers coming from this particular business that report anticipating recovery and revenue but what is the cost of having to let go of so many staff? shares had spiked a little on

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ivating music) ♪ (♪♪) the first law of thermodynamics states that energy cannot be created or destroyed. (♪♪) but it can be passed on to the next generation. (♪♪) the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com ♪ jonathan: live from new york city, stocks are positive on the s&p 500, up by 0.1%. the 10 year, for 16 -- 4.1637. >> it's a strong labor market still. gratifying to see inflation come down, hoping it continues to come down. there is certainly a model that could take rates down quickly. that's not a model that is good for the economy. if i could get these kinds of numbers to stand and even better, broaden, that's what i'm looking for. sustained and broadening. jonathan: the expectations for rate cuts until they are comforted, inflation is heading

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know. book now.mberg markets." big day for european banks. santander delivering a dividend, a buyback. this comes a few days after it announced it numbers. the buyback is worth around 1.5 billion euros, 1.6 billion dollars. it boosted the dividend. barclasy will be out -- barclays will be out, hsbc, plus lloyd's. let's figure out where we are with the european bank reporting season. emea porting editor joins us now. i never get the frequency right when it comes to santander. we spoke to and about and, a few days later, we get the share buyback and dividend announcedd. >> for santander, they like to spread the news. they have a nice surprise for investors february 19th. 1.5 billion euro buyback. this is -- i was just reading the note from j.p. morgan, saying they reckon capital returns at european banks are at peak. guy: why are they at a peak? is it because interest rate speak? is it because they expect -- tom: i think it is largely the rate cycle. in the u.k., we have already seen those interest rat

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ook now. jonathan: live from new york city commit is payrolls friday. 185,000. previous number, to 60. some stocks are more magnificent than others. >> in terms of applying ai to advertising, meta was a little late. originally, they were thinking of it in other ways but they have done an extraordinarily good job of applying it. i think in this case, ai is helping drive revenue and profit growth more than for most of the other big companies. you cannot question the spectacular financial management here. jonathan: the latest, meta and amazon surging after blowout earnings reports. ai fueling both. sales in china continue to deepen. joining us now to discuss it, alex webb. what is going on in china with apple? >> not good news. the market was expecting it to be not brilliant but slightly worse than expected. they were looking for about 23.5 billion dollars in revenue from greater china which was china in the quarter but in the end, less than 21. more than a 10% miss. it has to do with the

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.s bloomberg. ♪ sonali: this is "bloomberg markets" it is time for the stock of the hour. diamondback energy agreed to by endeavor in a $26 billion cash and stock deal. it will create the largest operator focused on the premium basis. alix steel knows more about energy than anybody i know. we will ask her why people are rewarding this deal so much. alix: one part is everybody was waiting for something to happen with diamondback and endeavor. the other is just the amount of synergies they will get is humongous. by 2025 they will lower their cost in oil equivalent. they will have all of these nice synergies. their headquarters are across the street from each other. literally the endeavor acreage is in the middle of where diamondback is. when you are drooling -- drilling long wells, you need that space. sonali: what about the future for energy deals? whether you could keep seeing these $26 billion deals after we have seen $150 billion worth of deals in the sector? alix: six of the 20 priva

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.ook now. ♪ (upbeat music) ♪ ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) -awww. -awww. -awww. -nope. ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, ow. constant contact. helping the small stand tall. jonathan: bouncing back a touch on the s&p 500 down yesterday by almost 1.4% at the close. erasing some of those losses towards the end of the day. futures are positive by one third of 1%. 428 68. under surveillance this morning, aid for israel and ukraine forcing a standoff in the house. >> i urge speaker johnson to bring it to the floor immediately, immediately. there's no question the senate bill was put on the floor in the house of representatives it would pass. it would pass. so i call on the speaker to let the full house speak its mind and not allow a minority of the most extreme and voices in the house to block this bill even from being voted on. this is a critical act for the house to move. jonathan: the white house urging speaker mike johnson to bring a

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.: this is "bloomberg markets" and i am sonali basak. time for stock of the hour. blue owl hit an all-time high friday. it is one of the largest players in the private credit market. it helped fuel the rally with strong earnings that highlighted asset growth and a dividend increase. blue owl last year formed a partnership with the abu dhabi wealth fund. the moves highlight the growth of the $1.7 trillion private credit market which has more than doubled in size over the past five years. joining us now is marc lipschultz. let's start with the middle east. this is such a highly watched story, the amount of money coming in from the middle east, from abu dhabi in particular. you also announced a recent partnership with a different abu dhabi-based fund. how do you describe the need for capital from across the world? >> thank you again for having me today. the need for private solutions remains strong for one really important reason, which is it works as a matter of investment results for the

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know. book now.fter on the s&p. yields are higher. the dollar is stronger. under surveillance this morning, powell throwing cold water on a march rate cut. >> i think it is not likely that this committee will reach that level of confidence in time for the march meeting in seven weeks. they believe it will be appropriate for us to cut the federal funds rate this year. we want to see more of the data along those lines. it just needs to be good, so we expect to see that. jonathan: is not enough for you? joining us around the table, a digital advisor joins us now. let's get into your personal view first. sallie: it is investing through women. yes, i am personally bullish, but i thought watching jerome powell estimate, it is hard not to watch and say i have confidence in him. but do not fight the fed. took on the pandemic and won. tightened last year or two years ago in the market when down. do not fight the fed. i am personally feeling bullish. lisa: is there a similar bullishness with some of the asset

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.t first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. sonali: i'm sonali basak. this is bloomberg "real yield." time for the auction block. high-grade u.s. issuance tapping estimates. surpassing the $50 billion level forecasters -- that was forecasted. abbvie, astrazeneca, hca after more than $60 billion. i want to dig into the abbve -jumbo deals. they look to fund deals. it was in seven parts. the longest portion, a 40 year bond yielding 145 basis point over treasuries. investors placed orders for more than $80 billion of the bonds. i want to mention the 9 billion-dollar auction of 30 year tips did not go as well. it was awarded at a yield of 2.2%, tailing the one issue yield. it marks the highest auction since 2010. amanda lynum weighing in on where spreads go from here. >> we were asked if the risk to spreads was tighter are wide

xi-chun, xi-chun, xi-chun! you've got more options than you know.ok now. and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com sonali: this is "bloomberg markets." i'm sonali basak. it is time for stock of the hour. that is warner bros.. shares are having the biggest intraday loss since november after reported fourth quarter revenue and profits that fell short of wall street forecasts and declining tv advertisement sales. weakness also in its studios business. felix gillette covers the industry and joins me. let's start with the ad part of the equation. how hard is it for one are brothers discovery to turnaround the trajectory? >> the problem with advertising is the cable industry is hemorrhaging viewers. the ad sales word terrible -- were terrible in the fourth quarter. tnt, tbs, cnn. that viewership especially among viewers that are younger is going to tiktok, youtube, mi

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xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. >> from new york city, i am sonali basak and bloomberg real yield starts right now. ♪ >> coming up, hot jobs and higher wages. it's pushing yields higher and volatility in the bond market while hopes for a large rate cut are disappearing. we begin with a big issue. an upside payroll surprise. >> wow. >> this is a strong rapport in a strong labor market. >> the economy is strong. >> the fed is now thinking that march is going to be too soon. >> the market got super overzealous. >> the market got carried away. >> he sounded cautious. >> he was right to be more hesitant. >> with activity still resilient, it makes sense to air on the side of caution. >> all inflation needs to do is do what it's been doing. they are going to start cutting. >> watch the data, see how it comes through. >> they can hold off truth they can wait and see. >> i worry that the fed is going to just not move and wait until something really unravels in the job market. sonali: on the back of that jobs report

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. nearing resumption of robotaxi testing in houston and dallas. before the suspension, the company had hundreds of cars in san fran and phoenix. the investment firm that handles tsai sold 83% of remaining shares in blue owl. some other shares being hit. warner bros. discovery, fourth-quarter revenue profits fell short of estimates. the stock at a record low. weakness in linear tv. was there any area that was good? >> things weren't that bad in their direct to consumer streaming business. it was not profitable. for the full year, it was profitable. the losses were lower in the fourth quarter. subscribers were better but not dramatic. they are way behind netflix and disney. caroline: all of this highlights the dire straits that the ecosystem finds itself in. there will be m&a and consolidation. chris: the ceo was candid on the call. the challenges. traditional is down double digits. the strikes hurt them. the actors and writers being not working. that studio business was down. warner bros

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. '1st and 10gs.' xfinity is giving away ten grand y to a new lucky winner than you know. for every first and ten during the big game. enter daily through february 9th for a chance to win 10gs. with the ultimate speed, power, and reliability the xfinity 10g network is made for streaming live sports. because it's only live once. join xfinity rewards on the xfinity app or go to xfinity1stand10gs.com for your chance to win. >> this is bloomberg markets and i am katie grayfield. green on the screen behind me. up about .7%. we are getting closer and closer. we will see what it takes to get there. having an even better day on the nasdaq 100. take a look at the two year yield. putting much flat on the day. take a look at the 10 year yield. a huge auction coming up. we will see how that goes over. working to maintain dominance in the drug space. abigail doolittle has the information. >> i'm not just saying that because of the conversation you are about to have. this is the only chart that i am

xi-chun, xi-chun, xi-chun! you've got more options than you know.now. get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo jonathan: equity futures on the s&p poitive hereby .1% on the s&p 500. yields lower by a single basis point. a little bit later on this afternoon we have a lot of supply in the treasury market in the last 24 hours. we talk about how well that's been taken over the last couple of days. credit supply has been phenomenal taking down really well. >> the auctions yesterday were fine but came in a little bit weaker. >> under surveillance this morning from svb's collapse. >> investors right now growth from banks has been tainted with the silicon valley failure, a signature failure as well as first republic. our investors look at growth in this environment. 550 basis point mega fund rate as a little bit risky. as we are looking for low growth we are still are out th

xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know.w. >> the fed is beholden to the inflation data. >> we are still at a higher interest rate regime. >> how much easing we will get we are not sure. >> it's a hard equation to say. >> they will have to keep an open mind about this cycle because is no real parallel for it. >> this is bloomberg surveillance with jonathan ferro, lisa abramowicz and annmarie hordern. jonathan: good morning for our audience worldwide this is bloomberg surveillance alongside lisa abramowicz together with annmarie hordern. the equity market pulling down on the s&p 500 prayed a rather big single name, nvidia. year-to-date up by 46.63%. only six or seven weeks into this after a massive move last year. >> not only did they beat by 10 to 20%. here's the question, what's good to be considered a beat by nvidia what reports tomorrow. will be getting above the expectation on the street or will they have to smash it out of the water. this market is priced in that. >> looking at the fourth biggest company by market capit

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. what is cirkul?irkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. >>> welcome back to "worldwide exchange." time for the "big money movers." another stock at 52-week high is okta. beating estimates citing strong win rates and confident in momentum for the year. impact from the security breach last year is likely minimal. shares up 24%. >>> amc under pressure despite reporting better than expected results. revenue growing by 12% and adjusted ebita tripling. increases attributed to taylor swift and beyonce's concert films. eras and renaissance? companies say the moves helped ticket sales across the country representing 1/9th of box office totals. amc shares down 9%. >>> duolingo has record bookings. the stock has lagged this year, but doubled over the past 12 months. shares up 22%. >>> we are watching shares of salesforce. weak guidance weighing o

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.ve been moving around because reports show that losses increased during the fiscal fourth-quarter but revenue did jump, doubling from a year on year basis. we have an acceleration of automobile deliveries. i'm interested about that loss widening. what is driving the losses escalating at the moment? >> there was an adjustment of the inventory. otherwise, the trend has been positive, so the adjustment is about 27%, -27% in q3, so we had -- we are heading in the right direction. you see the margin going down. caroline: we have seen 513 deliveries -- 13 -- we have seen deliveries in the ev's. how do you get to your target? >> we are the only one of the world that has the whole lineup of vehicles. this year, we start delivering vehicles as well so we have the full lineup and markets. we are in vietnam so we continue to be -- to support about half of that forecast and it continues to be the biggest market for us. the rest of us are spread across north america and asia as well. we believe wit

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. >> good morning. this is bloomberg daybreak: europe. these are the stories that excite your agenda. wall street calls -- goes off guard as u.s. inflation deals a blow to fed rate cut hopes. the yen slides past 150. u.k. inflation expected to take up this morning. we discussed what it could mean for the bank of england. a big morning for european corporate with their -- earnings do across the banking and consumer sectors. the print coming through from heineken. full-year organic revenue missing the estimates, coming in up 5.5%. the estimates had been for 5.83%. the analysts at morgan stanley have been looking at how the business in vietnam and nigeria is progressing as well. in terms of volume for heineken, that's also coming in a little bit below the estimates. 4.7%. the estimates had been 4.4%. when it comes to full-year organic revenue, 5.5 percent below the estimates. the redhead coming through for heineken. we are also looking at operating profit as well. this is the guidance. full-year adjusted o

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.: live from new york city, kicking off a new trading week with s&p going nowhere. going somewhere last week, that's for sure. the nasdaq, another week of gains. you know what was down? the russell. one third of 1%. lisa: here is where interest rates matter. here's where fed policy comes into play. this is arguably the sector that is most leveraged to raise hire for longer. good economic data is good news for -- less so for the rest of america. jonathan: replacing yields higher at the front end of the curve. four weeks of gains on a two year yield. we talked about the 4.2 level, that's where we ended january at the end of the fed meeting. repricing rates at the front end by 50 basis points. at the long end, we have a 10 year that is 4.2461. this way, you get some supply on the two-year and the seven year. lisa: two and five-year today. seven year tomorrow. the key metric is the pce report, the core inflation metric that comes out on thursday. do we get a sense this is sticky? if so, how

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. j.p.ent knows it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. abigail: this is bloomberg markets. coming up mike nova gratz, the digital ceo and founder. this is bloomberg. ♪ katie: it's time for wall street week. we look at the best places to be in fixed income. lindsay rosner spoke with wall street week host david westin on where they are finding investors. >> it's an interesting environment right now. yields are abundant. however, spreads her tight. you really need to be thoughtful about where you are taking that risk. where are there opportunities? u.s. investment greatest tight spreads. high yield is pr

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xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. katie: u.s.y after the fed cap rates unchanged. this added support to a housing market that has already seen improvement demand. for more let's talk to robert reffkin, compass ceo and founder. of course compass is the top real estate brokerage in the united states by sales volume. mortgage rates, i don't know what your personal life looks like it feels like one of the only things i talk about nowadays. we have started to see things take down a little bit. -- tick down little bit. how much pent-up demand is there on the site? robert: it finally made 6.7% mortgage rates look attractive. this time last year around 6.7%, but buyers didn't feel like there was a good mortgage rate. you can see from the date that buyers react more to the change in the mortgage rate than the absolute rate itself. in terms of pent-up demand out with -- i would say there is more than any point in the last year. we call it the five d's. you have diapers, diamonds, doors, and death. these are life events. katie: i have only

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. >>> welcome back to "worldwide exchange." time for the big money movers. three stock stories of the morning. zoom shares are up 12% after beating the fourth quarter estimates. sales growth would have been faster in the recent quarter if not for a sales team reorganization. shares up 12%. >>> shares of unity sinking ahead of the open. the company offering a disan p po disappointing first quarter forecast. it will provide revenue guidance for the portfolio which includes its game engine and cloud units. sales were up 35% year over year. >>> shares of cava are on fire. est sales beat estimates with the same store sales rose 11%. cava is set to release after the close today, but the output published a day early. shares up almost 9%. >>> let's check on the headlines with nbc's france

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xi-chun, xi-chun, xi-chun! you've got more options than you know.ou don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh katie: shares of the jif peanut butter maker and jm smucker are higher after beating estimates thanks to strong demand for its pet food and pantry staples. for more we are joined by bloomberg intelligence research analyst. this was their first earnings report since they acquired hostess. how is the integration going so far? >> it seems to be going well. volumes are at 4% increase in the legacy business, so that is pretty fantastic for the industry. the industry has been battling low volume due to price increases, so the fact that they are increasing 4% on volume is pretty significant. katie: how does what we heard from jm smucker today -- they have a big portfolio. how does that compare to their competitors in this space we have seen thus far? >> basically, price increases were on the low single digits. most of the sales gains on the comparable net sales were driven by volume, which is impres

xi-chun, xi-chun, xi-chun! you've got more options than you know. >> this is "bloomberg technology." caroline: i am caroline hyde. ed: i am ed ludlow. caroline: we will take the pulse of the market and get a read on the magnificent seven as one name struggles to keep up with the pack. ed: joining the course of technology, nothing

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