China Stock Rally Cools, Samsung Apology | Bloomberg The Pulse 10/08/24

6 months ago 33


European stocks dropped in early Tuesday session, tracking an overnight tech-led decline on Wall Street, as China’s pledge to support its economy disappointed investors hoping for new stimulus. A gauge of Chinese stocks in Hong Kong tumbled the most intraday since 2008. In corporate news, Samsung issued an apology to investors for disappointing results, admitting that the once-dominant memory chip giant is grappling with a potential crisis after losing its way. Today's guests: Patrick Armstrong, Plurimi Wealth CIO; Phoenix Kalen, Societe Generale -------- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:47 - China's stock rally fizzles 00:02:36 - Patrick Armstrong, Plurimi Wealth CIO 00:10:15 - Samsung issues apology for profit miss 00:11:40 - Hon Hai: V business will need years to ramp up 00:16:59 - Israel sights on multiple fronts 00:20:02 - Headlines 00:20:52 - Phoenix Kalen, Societe Generale 00:27:41 - US Election: candidates ramp up campaigning effort 00:29:32 - Trump betting odds improving 00:33:45 - Big Take: China tariffs' impacts on some US towns 00:38:20 - UK Chancellor's tax policies falter -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts