SQUAWK BOX, THURSDAY 30TH APRIL, 2020

SQUAWK BOX, THURSDAY 30TH APRIL, 2020

A global rally…The S&P 500 is set for its best month in nearly 50 years following positive news on a Gilead drug trial. U.S. Federal Reserve chairman Jerome Powell says the American economy has suffered “an extraordinary shock” in the wake of the Coronavirus pandemic. He has warned of a severe economy contraction in the second quarter and says the central bank will maintain low rates for as long as needed. Hopes of a quick recovery in China have been dashed as export numbers fell at the fastest pace since the financial crisis. In tech news, Microsoft sees shares soar in extended trade on increased cloud revenues through remote working. Plus, Facebook’s shares jump in after-hours trading as it says advertising revenues made a comeback in April. Its CFO David Wehner has told CNBC it remains cautious.

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Episoder(1820)

Trump slams Iranian moves to postpone nuclear talks

Trump slams Iranian moves to postpone nuclear talks

U.S. President Donald Trump voices displeasure at Iran’s proposal to postpone nuclear talks until after the conflict ends. Meanwhile, German Chancellor Friedrich Merz slams U.S. strategic aims in Iran...

28 Apr 27min

Trump urges Iran to reopen talks

Trump urges Iran to reopen talks

President Trump says Iran can pick up the phone after cancelling his envoys’ negotiation trip to Pakistan. Axios reports Tehran is to table a new proposal to end the conflict and reopen the Strait of ...

27 Apr 24min

Trump heralds Israel-Lebanon ceasefire extension

Trump heralds Israel-Lebanon ceasefire extension

U.S. President Donald Trump hails a three-week ceasefire extension between Israel and Lebanon and that he is willing to wait until an appropriate deal is reached with Iran in order to re-open the Stra...

24 Apr 26min

Podcast summary: European Q1 earnings in focus

Podcast summary: European Q1 earnings in focus

Nestlé and Heineken both post Q1 earnings beats with LSEG and Roche results out today as well. Tesla also beats in the first quarter however it misses its revenue target and hikes capex expenditure. C...

23 Apr 25min

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S. President Trump extends the ceasefire with Iran in order to allow for further peace talks to be organised. However, the Strait of Hormuz remains blockaded by both sides with global markets in lim...

22 Apr 27min

Cook to step down as Apple CEO

Cook to step down as Apple CEO

Apple CEO Tim Cook steps down from the role with hardware chief John Ternus chosen to assume the helm from September. Cook, who oversaw a $3.6tn increase in the company’s market cap during his 15-year...

21 Apr 27min

U.S. Navy seizes Iranian cargo ship

U.S. Navy seizes Iranian cargo ship

The U.S. Navy fires on and seizes an Iranian cargo vessel in the Gulf of Oman with both countries reinstating blockades through the Strait of Hormuz. President Trump says his delegation lead by Steve ...

20 Apr 25min

Israel-Lebanon 10-day truce begins

Israel-Lebanon 10-day truce begins

A 10-day ceasefire between Israel and Lebanon comes into effect. U.S. President Trump says he sees the conflict with Iran ending soon. Bank of Israel governor Amir Yaron tells CNBC that he expects a d...

17 Apr 25min

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