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AI Is Central to ServiceNow Platform, CEO McDermott Says
We are a growth company, ServiceNow Chair and CEO Bill McDermott says while discussing the company's first-quarter earnings on Bloomberg Open Interest. ...
Why EV Demand Stronger Than It Looks
Tesla is tripling AI spending to $25B as its robotics ambitions ramp up, while EV sales send mixed signals. TD Cowen's Itay Michaeli joined Bloomberg Open Interest to explain why demand may be...
American Express Sees Strong Card Spending, Higher Costs
American Express Co. plans to boost spending on marketing and technology and said its customers' spending on air travel has been slowing. Romaine Bostick discusses his interview with American...
American Airlines Lowers Outlook on Rising Fuel Costs
American Airlines announced it expects $4 billion in additional expenses due to rising jet fuel prices but plans to raise fares to offset these costs, maintaining some of the price increases even...
American Airlines Lowers Guidance Due to Rising Fuel Prices
Higher fuel prices due to the war in Iran are weighing on American Airlines . The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's Siddharth...
Business Costs Surging Amid Iran War, Says JPMorgan Strategist
Business activity in the euro area unexpectedly shrank for the first time since late 2024 due to a steep drop in the services sector as the Iran war weighs on consumers. The Composite PMI compiled...
China Jostles With US for FX Influence: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...
Goldman Sachs Says Prolonged War 'Will Hit Europe'
Sharon Bell, senior European equity strategist at Goldman Sachs , discusses the corporate earnings season, the artificial intelligence buildout and the potential impact of a drawn-out Middle East...
Azour: Prolonged War Impact Deeper Than Oil and Gas
The IMF's Middle East and Central Asia Director says a prolonged war and continued closure of the Strait of Hormuz could deepen economic disruptions well beyond oil and gas. Jihad Azour spoke to...
EU Proposes Measures to Ease Energy Shock From Iran War
The European Union proposed AccelerateEU to navigate the Iran war-driven crisis, which it says it could reverberate for years. The plan aims to curb energy prices and address potential fuel...
SET President: IPO Pipeline Faces a Difficult Situation
Stock Exchange of Thailand President Asadej Kongsiri discussed the IPO pipeline, saying it is in a difficult situation. He also noted that the Thai exchange plans to introduce mini-gold futures. He...
No Deadline for Iran Proposal Amid Hormuz Standoff: US
The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks, with both sides blocking the waterway to gain leverage during an...
SoftBank Seeks $10 Billion Loan Backed by OpenAI Shares
SoftBank Group Corp. is seeking a $10 billion loan secured by its shares in US artificial intelligence giant OpenAI, people familiar with the matter said, as it takes on more debt for its push into...
Counterpoint: SK Hynix is Riding the Supercycle
Tom Kang, Research Director at Counterpoint, discusses the outlook for SK Hynix as the company reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex this year....
GSAM's Calnon on Markets, Investment Strategy
Greg Calnon, Global Head of Public Investing at Goldman Sachs Asset Management, discusses his outlook for markets and investment strategy. He speaks with Haidi Stroud-Watts and Paul Allen on...
Goldman's Calnon on Market Outlook Amid Hormuz Closure
Global Head of Public Investing at Goldman Sachs Asset Management Greg Calnon talks to Bloomberg TV about the resilience of global markets despite an extended closure of the Strait of Hormuz, and...
Tesla Boosts Spending Plan in AI, Robotics Push
Tesla anticipates billions of dollars in additional spending this year to support Elon Musk's ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Bloomberg's Dana...
SK Hynix's Profit Jumps on Soaring Prices of AI Chips
SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex significantly this year, underscoring surging prices of memory chips that underpin global...
Suburban Propane CEO: Producing Record Levels Domestically
Suburban Propane President and CEO Michael Stivala joins Bloomberg Businessweek Daily to discuss the company's current supply and demand outlook as the Iran war weighs on commodities and consumer...
Investors Adjust to New US-Iran Normal: No Peace, No War
In another reversal, US President Donald Trump announced a unilateral, open-ended extension of the ceasefire in the Iran war. Now, there's no peace, but no active war either. This may become the...
Lenovo: the Next to Break Through the Ceiling
Warsh Takes the Stage
Commodities: Oil Flowing Freely
Currencies: Support for the Dollar Is Fraying
SpaceX takes the bull by the horns
UCB: The Transformation is Complete, Now for the Right Price
Speculative Fever Grips the Nigerian Stock Market
Fed edges closer to a rate hike
America spends, Europe hedges
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