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Momenta Global CEO Sees Profitability by 2028
Cao Xudong, founder, chairperson and CEO of Momenta Global, says the autonomous-driving company is targeting breakeven next year and profitability by 2028. He also discusses plans to use proceeds...
Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths
Ryan Vlastelica, Bloomberg Equities Reporter, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk about his story on how the Mag 7 seems to be loosing their grasp on the top of the...
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk the uncertain oil market during the ongoing conflict in...
Samsung's Record Profit Fails to Impress After AI Chip Rally
For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over. While...
'We Assume Immigration Policy Returns to Baseline in 2029' Says Martha Gimbel
Martha Gimbel, Executive Director at Yale Budget Lab, discusses immigration, debt, AI and the labor market. ...
Why Hedge Funds Posted Such a Strong First Half
Hedge funds posted a strong first half with Lone Pine Capital posting a 43% gain and David Tepper's Appaloosa Management returning 32%. Sridhar Natarajan has more on Bloomberg Open Interest. ...
Solstice Buys Element Solutions
Element Solutions CEO Ben Gliklich joins Open Interest to break down why Solstice's $14.5 billion takeover offer was too compelling to pass up, explaining how the combined company could become a...
Some Investors Rethink SpaceX Exposure
As SpaceX prepares to enter major indexes, wealth managers say clients are increasingly asking how to avoid owning the company because of Elon Musk's polarizing reputation. Ellevest head of wealth...
Chip Stocks Tumble on AI Anxiety as Oil Climbs
A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative...
SpaceX Joins Nasdaq 100; Crinetics Pharmaceuticals Soars on Buyout | Stock Movers
On this episode of Stock Movers: - Fiserv is climbing as the Wall Street Journal reports big banks, including JPMorgan Chase, Bank of America, Wells Fargo and PNC Financial Services Group, have...
Trump Arrives in Turkey With Iran War at Top of Agenda
President Donald Trump lands in Ankara, Turkey for the NATO summit where he will start the day visiting with Turkish President Recep Tayyip Erdogan. Bloomberg's Annmarie Hordern is on the ground...
Russia Attempting All Types of Provocations, Latvia's Braze Says
Latvian Foreign Minister Baiba Braze tells Bloomberg Television Russia is attempting all types of provocations as the war in Ukraine continues. Braze speaks with Bloomberg's Oliver Crook on the...
China Touts Yuan as US Ups Strong Dollar: 3-Minutes MLIV
Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...
Adnoc to Buy Shell's South African Fuel Stations
Adnoc Distribution is has agreed to buy Shell fuel stations across South Africa in a deal valued at $1 billion. CEO Bader Saeed Al Lamki explained the rationale behind the move to Bloomberg's...
Hamilton Lane Raises $3.8 Billion Fund Targeting Mid-Market Private Equity Deals
Erik Hirsch, Co-CEO at Hamilton Lane, discussed the firm's recent $3.8 billion fundraise aimed at co-investing alongside private equity in mid-market companies. Hirsch emphasized the focus on...
Robinhood CEO Sees 'Tremendous' Uptake for Trump Accounts
Robinhood CEO Vlad Tenev says Trump Accounts are a no-brainer for new parents and also good for anyone under the age of 18. Speaking on Bloomberg The Close, Tenev also comments on the future of...
Business Development Companies Face Pressure but Not All Are Impacted Equally
Shares of business development companies have experienced significant pressure in the first half of the year, with Bloomberg Intelligence data showing a median return decline of about 7%, marking...
US Chief Design Officer on Launch of Trump Accounts Site
US Chief Design Officer Joe Gebbia, co-founder of Airbnb, discusses the design and benefits of the Trump Accounts site and app on Bloomberg The Close. ...
Stocks Push Higher Led by Chipmakers | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo. ...
Apple, Broadcom Extend Chip Deal to 2031
Broadcom will provide new custom chips to Apple in an expanded partnership that now runs through 2031. The companies will partner on ASIC silicon, which will be found in multiple generations of...
A New Obstacle Emerges
Wall Street Meets SK Hynix
Polycab's Profit Engine Is Running at Full Speed, Valuation Less So
Treasuries Face New Competition
When it's murky, there's trouble: why is Indonesia in the cellar?
Currencies: The dollar remains strong
China's strategy for bending European industry to its will
Commodities: Silver loses its luster
UCB: The Transformation is Complete, Now for the Right Price
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