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Disney's Streaming and Parks Drive Third-Quarter Profits
Walt Disney's profit beat Wall Street estimates in the company's fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California...
Stocks Rise on Earnings and Hopes for Hormuz Deal
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on the Strait of Hormuz is possible as early as...
Muni Market on Pace for 3rd Consecutive Year of Record Issuance
Municipal bond technicals remain highly constructive, helping the market easily absorb issuance running at a record pace. Yet geopolitical and monetary-policy concerns have pushed global nominal...
Brookfield Asset Management Bets Big on AI Boom
Brookfield Asset Management CEO Connor Teskey joined Bloomberg Open Interest to talk about how the firm is on track for a record-breaking fundraising year, fueled by surging demand for AI and...
Booking CEO on Travel Resilience
Booking Holdings CEO Glenn Fogel joins Bloomberg Open Interest to explain why travel demand remains strong despite war, extreme weather and higher costs. He also reveals how travelers are adapting,...
Carlyle CFO Plouffe on M&A Market, Private Credit and AI
Carlyle CFO Justin Plouffe says the firm has maintained a strong pace of exits for more than a year, with broad-based realizations across regions including Japan, Europe and the US. Speaking on...
Disney Climbs on Profit Beat; AMD Falls on Underwhelming Forecast | Stock Movers
On this episode of Stock Movers: - Advanced Micro Devices shares are lower after the semiconductor firm's second-quarter revenue and third-quarter sales forecast underwhelmed investors expecting a...
US Services Industry Expands at a Steady Pace
The Institute for Supply Management's services index rose 0.1 point to 54.1, according to data released Wednesday. Michael McKee reports on Bloomberg Open Interest. ...
US Companies Added Fewer Jobs Than Expected in July: ADP
US private payrolls rose 44,000 in July after a revised 95,000 increase in the prior month as companies added fewer jobs than expected, according to ADP Research data out Wednesday. Michael McKee...
AI Focus Created Market Complacency: McLennan
Matt McLennan, First Eagle Investments Head of Global Value Team, joins Bloomberg's Vonnie Quinn on Bloomberg Brief to discuss the market complacency created by a high concentration in AI. ...
OpenAI, Anthropic Model Tests Reveal More 'Unsanctioned' Actions
Artificial intelligence models developed by OpenAI and Anthropic PBC carried out unsanctioned actions including hacking a website and attempting to inject harmful code into software during safety...
Capex Is Only Way to Musk's AI Vision for SpaceX, Says Dan Ives
Dan Ives, partner and senior managing director at Yorkville Ives & Co., examines the first quarterly report from SpaceX as the company disclosed higher-than-expected spending on its artificial...
India's Inflation Cushion 'Thinner' Than It Seems
The Reserve Bank of India kept its benchmark rate unchanged for a fourth straight review as it waits to see whether higher energy costs from the Iran war spill over into broader inflation. Prior to...
Pakistan's Fintech Abhi Eyes Microfinance Bank IPO
Abhi Co-Founder & CEO Omair Ansari says the Pakistani fintech group expects to launch an initial public offering of its microlender in early September this year. He speaks with Paul Allen on...
'Holistic' AI Safety Approach Needed: Rhodium's Goujon
Rhodium Group Director Reva Goujon discusses the security challenges facing AI companies both in the US and internationally, and suggests that better coordination in the US and international...
SpaceX's AI Splurge Puts a Damper on Debut Earnings
SpaceX stock fell after it disclosed higher-than-expected spending on its artificial intelligence business, dampening an inaugural quarterly report that broadly surpassed Wall Street forecasts....
Shionogi Eyes More US Plants, M&A Deals
Isao Teshirogi, President and CEO of Shionogi & Co said the company is eyeing more manufacturing sites in the US for next decade. 'We're actively pursuing minimum three deals today', he shared in...
Fmr. Harvard Researcher on the Economics of SpaceX
Sinead O'Sullivan, Economist and Former Senior Researcher at Harvard Business School's Institute for Strategy and Competitiveness, discussed the current state and future prospects of SpaceX's...
AMD Investors May Be Overreacting, GraniteShares CEO Says
GraniteShares founder and CEO Will Rhind discusses the market reaction to AMD's and SpaceX's earnings report on Bloomberg The Close. ...
SpaceX Is a Compelling Investment, Gerber Says
SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk's company reported an operating loss of $1.26 billion from its AI business. Ross Gerber...
China Overseas Property Gains More Ground Yet Still Seeks Momentum
Copper turns a deeper red to start the week
We will have to get used to higher interest rates
Rate hikes are a no-brainer for central banks
When markets panic over AI… then backtrack
Real estate: Americans are now borrowing at 6.85% for 30 years
The yen flexes its muscle, lifted by the BOJ and short covering
Prysmian: from cable maker to architect of global electrification
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