Good morning and good afternoon, everyone. It is July 11th, Thursday. Welcome to Morgan Stanley Asia Micro webcast. My name is Crystal Ji, Asian EM, equity strategist. Before we start, please note that this event is for Morgan Stanley institutional clients and financial advisors only. It is not for members of press. If you're a member of the press, please log off and reach out separately. Please also note that this broadcast, your questions may be recorded. Today, we have Chetan Iyer, Chief Asia Economist, ...

Unilever sells its Venezuelan ice cream business to automotive company Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the nation’s private sector https://t.co/7hANRoP9Gh ...

[Applause] Thank you. Hi guys, I'm Kiara. I'm a sports psychologist working in high performance sports working with coaches, players, and teams navigating uncertainty because sport is a world full of pressure, full of uncertainty.And let's look in how we can learn from that today. But before we dive into that, let me ask you a question. Have you ever felt completely lost, not knowing what's next.Raise your hand. Look around you. We all face uncertainty. We all feel lost every day.I can tell you I felt lost ...

[Applause] Yeah, third session. Let's go. So, even though Nema introduced myself already a bit, I also want to give you somewhat of an in uh introduction about myself because I'm probably one of the less known speakers here tonight.Um, so I'm Flo. I'm 23 years old and as you know already I'm a recent graduate here from KLU. To give you some more of a background about myself.So I'm currently working as a product owner and as already said um we are trying to digitalize truck handling. Before that, um, I for s ...

Core Insights - Delta Air Lines reported record revenue for the June quarter and restored its full-year financial guidance as air travel demand stabilized [1][2] - The company expects earnings per share of $5.25 to $6.25 for fiscal year 2025 [2] Revenue Performance - Quarterly revenue increased by 1% year over year, with international business revenue up 2% and corporate travel demand remaining steady with low-single-digit sales gains [2][3] - Premium business revenue grew by 5% year over year, while loyalty revenue rose by 8% due to co-brand spend growth and card acquisitions [4] Future Outlook - For the September quarter, total revenue is expected to be flat to up 4% compared to the prior year, with unit revenue trends anticipated to improve in the second half of the year [5] - This outlook represents a shift from previous trends observed by Delta and other airlines [5] Previous Context - In the previous earnings report on April 9, Delta indicated that revenue growth for the March quarter was lower than expected and refrained from providing an updated full-year outlook due to macroeconomic uncertainty [6] - Other airlines, including American Airlines, Southwest Airlines, and United Airlines, also expressed concerns about the macroeconomic environment and adjusted their outlooks downward around the same time [7]

Core Insights - Amazon's sales dropped 41% on the first day of its four-day Prime Day event compared to the first day of last year's two-day event [1] - Momentum Commerce's CEO suggested that the decline in sales was due to consumers adding items to their carts but delaying purchases for potentially better deals [2] - Amazon's Vice President expressed satisfaction with shopper engagement and noted that the extended duration of Prime Day was in response to consumer demand for more time to explore deals [4] Sales Performance - The first day of this year's Prime Day saw a significant sales drop, but there is potential for overall sales to surpass last year's event due to the longer duration [2] - Last year's shorter Prime Day encouraged quicker purchases to avoid missing discounts, contrasting with this year's consumer behavior [3] - Adobe reported that Prime Day's kickoff surpassed Thanksgiving 2024's eCommerce spend of $6.1 billion, with 50.2% of sales made via mobile devices [5] Market Context - Prime Day, alongside Walmart's Walmart+ Week, is viewed as a test for consumer spending amid economic uncertainty and declining consumer confidence [6] - Retailers are closely monitoring consumer behavior changes due to global tariffs and economic conditions [6]

[Music] Everyone told me college application was a process of embracing change and choice. But no one have never won me. The first thing I've been embracing was my laptop at 2 am.Hello everyone. I'm Vivian Gul from Great Flee House and also the first cohort of Hiba Academy Shanghai that's going to graduate this June. And here is my story.Most of my classmates and friends also teachers like Dr. . Huda, Miss Huen, and Mr. . Kurt know that my dream university has been University College of London UCL since gra ...

Ad Market Concerns & Uncertainty - WPP shares declined 16% due to concerns about the state of the ad market [1] - The business environment is uncertain, leading advertisers to platforms delivering lower-funnel results [2] - Geopolitical uncertainty and potential economic pullback due to tariffs are significant concerns [4][5] Snap's Positioning & Strategy - Snap's Q1 advertiser growth was 60% year-over-year, with 75% of the business now direct response [3] - Snap aims to help small and medium-sized customers grow, positioning itself well regardless of the business outlook [3] - Snapchat differentiates itself as a communication service, unlike other platforms that are primarily video feeds [6] - Brands play an important role in relationships and therefore on Snapchat [6][7] - Snapchat's sponsored Snaps product is now available to 100% of the United States, offering brands efficient reach [8] - Creator and influencer marketing on Snapchat drives significant impact for brands [9]

It is that time of year again. We are getting set to reveal America's top states for business in CNBC's annual rankings. CNBC's Scott Conn does a study for us every year.We always look forward to it. He's made his way to the top state to tell us how this all works. Scott, thanks Melissa.You know, this thing does remarkably well on the interstate. Uh we got some really weird looks, but we did make it to the top state for business. A little bumpy at times, but we got here.So, let me remind you of how this wor ...

President Trump saying he's prepared to punish countries that challenge the reserve currency status of the U.S. dollar. If we lost the the world standard dollar, that would be like losing a war, a major world war. We would not be the same country any longer.You ever hear the expression dollar is king, The dollar is king. We're going to keep it that way. Joining us now to discuss, Terry Wiseman of Macquarie.Terry, good morning. Good morning to you. Is the dollar still king. No, the dollar is not still king.T ...