Afleveringen
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Listen for instant reaction and analysis of megacap tech earnings from Alphabet and Tesla.
Ed Ludlow, Bloomberg Tech co-host Keith Naughton, Bloomberg News Auto Reporter Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research
Alphabet reported second-quarter cloud revenue that far surpassed Wall Street’s expectations and said the division’s backlog of contracted business ballooned to more than $500 billion, offering fresh evidence that the company’s massive AI investments are paying off.
Meanwhile, Tesla missed Wall Street’s profit expectations even after a strong quarter of auto sales, a setback for the electric-vehicle maker as it looks to build out new lines of business in robotics, autonomy and AI.
To break down all of this, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Ed Ludlow, Bloomberg Tech Host Keith Naughton, Bloomberg News Auto Reporter on Tesla preview, auto industry evolution and his career path Rory Heilakka, Partner at Oliver Wyman on how AI is transforming some of the world's largest industrial sectors: autos, aviation, defense Drive to the Close with Chris Marangi, President and Co-CIO, Value and PM of the GOLS ETF, Gabelli Funds
OpenAI said its advanced artificial intelligence models inadvertently hacked Hugging Face Inc. in an "unprecedented" incident. The models broke into Hugging Face's system during an evaluation of their cyber capabilities, operating with lower guardrails to be tested. The incident raises questions about the ability of advanced AI models to carry out cyberattacks and has prompted fresh calls for curbs on the technology.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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Zijn er afleveringen die ontbreken?
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
America is at risk of relinquishing its global leadership in biopharmaceuticals. Haphazard cuts to funding academic research, political attacks on science and misguided threats to the risk-reward calculus that buttresses innovation undermine our strategic preeminence in healthcare and medicines. At the same time, China is advancing its own agenda. If the United States’ biotech strategy is not acutely resuscitated, we risk depriving our nation of the oxygen that fuels biomedical entrepreneurship, economic vitality, and ultimately national security.
For more, Carol Massar and Tim Stenovec speak with Robert Blum, President and CEO of CytokineticsSee omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst Charles Schwab CEO Rick Wurster Timna Tanners, Wells Fargo Equity Research Managing Director on Aluminum and metals latest Madison Muller, Bloomberg News Healthcare Reporter on Novo Nordisk Sues Eli Lilly in US Over Obesity Drug Ads
US President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea.
Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn’t specify how.His comments came after the 10th day of US and Iranian attacks and as mediators continued efforts to restart negotiations. Oil prices ticked higher amid the threats to key routes for global energy supplies.
“They want to desperately meet and until they’re ready to meet in a meaningful way we have no interest,” Trump said at a White House meeting with Lebanon’s president, vowing to continue the fight.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The Jaecoo 7, a Chinese SUV, is outselling Land Rover's comparable Range Rover Evoque in the UK, with its gasoline version starting around £30,000. The Jaecoo 7 includes premium touches like heated front seats and a sunroof, and has a seven-year warranty, versus three for the Range Rover Evoque. Chinese carmakers, including Chery Automobile Co., are pushing into the European market, with China's carmakers accounting for 10% of the market in May and holding about one-fifth of Europe's second-largest car market in the UK.
For more, Carol Massar and Tim Stenovec speak with Keith Naughton, Bloomberg News Auto Reporter and Jacob Reid, Bloomberg News Global Business ReporterSee omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Chris Palmeri, BN Media & Entertainment Team Lead Dina Esfandiary, Bloomberg Economics Middle East Geoeconomics Lead on 1,000 Days of War and Upheaval That Reshaped the Middle East Isabelle Lee, Bloomberg News Cross-Asset Reporter on Peptide ‘Wild West’ Pushes Everyday Americans Into Crypto Avalon Pernell BN Equities Reporter on Martin Shkreli Is Back and Primed to Fight ‘To the Bitter End’
A federal judge temporarily paused Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. saying it “likely” violates antitrust law.
US District Judge Araceli Martínez-Olguín in Oakland on Monday ordered the companies to hold off on consummating the deal for 14 days. Paramount and Warner Bros. hoped to close as soon as July 22.California and 11 other states sued to block the Hollywood mega-merger on July 13. The states allege the deal, which seeks to combine two of the five largest studios, would harm competition for film and cable TV distribution.Paramount said it will continue to vigorously defend against the suit.
“We are confident the evidence will demonstrate that the state AGs’ antitrust arguments are without merit as their alleged markets and claims of anticompetitive effects are without any basis in modern market realities,” the company said in a statement. “This merger is lawful, pro-competitive, and will benefit consumers, creators, workers, and the entertainment industry.”
The judge scheduled an Aug. 3 hearing on whether to extend the hold for longer. The judge will decide whether to pause completion of the deal until after a trial to decide whether it is illegal under federal antitrust law.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Food-safety experts warned that plans to shutter a US Department of Agriculture research facility will hinder efforts to protect consumers from the foodborne cyclospora parasite — a risk that’s underscored by the outbreak that’s spreading across the country. The agency is in the process of closing the Beltsville Agricultural Research Center just north of Washington, DC, and relocating its programs to facilities across the country under a restructuring plan announced last year. The center has two laboratories that play a significant role in investigating cyclospora as well as coordinating research with other federal agencies.
For more, Carol Massar and guest host Emily Graffeo speak with Dr. William Schaffner, Professor of Preventative Medicine and Vanderbilt University Medical Center.
See omnystudio.com/listener for privacy information.
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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec
Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Chinese AI pioneer Moonshot unveiled a new model that it claims performs on par with some of the top-tier platforms from OpenAI and Anthropic PBC, the latest sign that the Asian country’s artificial intelligence labs are closing a technology gap with the US.
Moonshot released Kimi K3 Friday, touting benchmarks comparable to some of the US labs’ best offerings. The model is open weight, meaning its parameters are available for users to download and customize, and outperforms all rivals except Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6 on overall capability, it said.
Moonshot’s latest platform underscores how rapidly China’s AI race is evolving beyond a competition on price alone. Moonshot priced Kimi K3 at roughly Anthropic Sonnet levels, showing the company believes it can charge a premium to other Chinese models given its capabilities.
On this episode, Carol Massar and guest host Emily Graffeo speak with:
Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research Seth Fiegerman, Bloomberg News AI Editor Miguel Lorenzo, Senior Vice President of Sports Content, NBCUniversal Telemundo Enterprises on NBCU Telemundo's and Peacock's FIFA World Cup success, ratings performance and overall strategy Jason Leopold, Bloomberg News Senior Investigative Reporter, FOIA Files newsletter author and executive producer on the Paramount documentary 'The Real Wolf of Wall Street'See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Generative AI is rapidly automating basic coding, freezing junior hiring and dismantling the traditional tech career ladder. By erasing entry-level roles to maximize short-term productivity, companies are cutting off the very rungs needed to train the next generation of senior system architects.
For more on their partnership, Carol Massar and Tim Stenovec spoke with Mark Milian, Bloomberg Businessweek Deputy EditorSee omnystudio.com/listener for privacy information.
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Netflix forecast a second consecutive quarter of slowing sales growth, feeding investor anxiety about the streaming giant’s future.
Felix Gillette, Bloomberg News Media and Entertainment Editor Eric Clark, Portfolio Manager, LOGO ETF and CIO, Accuvest Global Advisors Geetha Ranganathan, Bloomberg Intelligence Senior Media Analyst Ed Ludlow, Bloomberg Tech Host
The company projected revenue of $12.9 billion in the current quarter and earnings of 82 cents a share, both a little shy of analysts’ expectations. The shares fell as much as 9% in after-hours trading.Second-quarter results were in line with Wall Street’s consensus, but most of the attention has been on future performance.
Shares in Netflix have declined more than 40% over the last year, as the company’s pursuit of Warner Bros. Discovery Inc. and subsequent financial results have caused investors to worry that the leader in streaming has lost momentum.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Tim Stenovec and Carol Massar speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Nick Wadhams, Bloomberg News National Security Reporter Ed Ludlow, Bloomberg Tech Host on TSMC, renewed/continuing AI trade worries Madison Muller, Bloomberg News Healthcare Reporter on Lilly Strikes $3.8B Deal for Psychedelic Drugmaker and Merck’s $3,800-a-Year Cholesterol-Cutting Pill Gets FDA Nod David George, Senior Research Analyst at Baird
The US launched fresh strikes against Iran on Thursday, the fifth straight day of attacks as shipping traffic slumped in the critical Strait of Hormuz.The attacks began at 2 p.m. ET, according to US Central Command, with US forces aiming to “further degrade Iranian military capabilities.”Iran responded to earlier strikes by firing at American bases in Kuwait and Jordan, with the Kuwaiti Armed Forces warning of explosions as a result of air-defense systems intercepting hostile targets.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A global study of more than 13,000 workers finds major life events – from returning to work after becoming a parent, to getting divorced and losing a loved one – can have a significant impact on people's health and wellbeing, contributing to an estimated $636 billion in lost productivity and 1.7 billion working days lost globally each year. Economic modelling suggests earlier mental health support before or during major life events could save $42 billion and recover 108 million working days annually. Those who took proactive steps such as talking to friends and family, seeking professional support or speaking to a healthcare provider, took an average of five fewer days off work due to better health, with 7 in 10 wishing they had taken earlier action to support their mental health before or during a major life event. Findings reveal a significant opportunity to improve health, boost the economy and help people navigate life's biggest moments through earlier mental health support.
For more, Carol Massar and Tim Stenovec speak with Sam Miley, Head of Forecasting and Thought Leadership at the Centre for Economics and Business Research and Andrea Christie-David, Director of Mental Health at Bupa, an international private healthcare companySee omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Emily Forgash, Bloomberg News Weather Reporter on heat wave, Canada wildfire smoke and NYC air warning John Engel, Vice President of Digital Strategy & Strategic Innovation, OATI on the burden of summer heat on utilities and what consumers can do to keep energy bills low and products running efficiently Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech on Apple Gets Approval for iPhone AI in China With Alibaba, Baidu AND OpenAI’s First Device Will Be Speaker Built as AI Companion Natalie Lung, Bloomberg News Tech and Consumer Apps Reporter AND Kara Carlson, Bloomberg News EV Reporter on Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls
Extreme weather is slamming the US. Wildfire smoke is degrading air quality in New York as intense heat across much of the country had led a grid in the country’s midsection to declare an emergency. In California, utility PG&E Corp. warned that power shutoffs will be required across several counties as dry conditions and gusty winds increase fire risks.
Wildfire smoke from hundreds of fires burning across Canada blanketed parts of the Great Lakes, Midwest and Northeast on Wednesday, turning the sun over New York City and Toronto into a hazy, yellowish orb. Air quality dropped to unhealthy levels in Manhattan, Brooklyn and Queens, as well as Toronto, according to the US Environmental Protection Agency’s AirNow.gov. Chicago will likely see its air quality fall to unhealthy levels Thursday.
“This will be a prolonged event, and we may see worse air quality tomorrow,” said Amanda Lefton, commissioner of the New York State Department of Environmental Conservation, adding that the smoke will come “in waves” throughout the day.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
The US weather-forecasting system is gathering less information due to budget and staffing cuts by the Trump administration, which could lead to a decline in forecast quality. Meteorologists warn that the reduced data collection, including fewer weather balloon launches, increases the risk of missing extreme weather turns, which could result in unnecessary deaths, property losses, and economic disruption. The lack of real-time data and reduced forecasting accuracy may lead to higher insurance costs, as insurers price in the uncertainty, and could also cause "alarm fatigue" when people become desensitized to warnings due to overreaction by emergency managers.
For more, Carol Massar and Tim Stenovec speak with Mark Gongloff, Bloomberg Opinion ColumnistSee omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Yelena Shuylatyeva, Senior US Economist, The Conference Board on Warsh testimony, CPI reaction and PPI Geoff Karren, Energy Group Capital Chief Investment Officer & Portfolio Manager Udesh Jha, Chief Risk Officer, Kalshi AND Katherine “Kat” Doherty, Bloomberg News Finance Reporter on Kalshi Ramps Up Effort to Build Markets for AI Computing Power Chris Rovzar, Bloomberg Pursuits Editor-at-Large on Wearing Shorts to Work? That Should Be OK in 2026
Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.
“The members of our committee have no tolerance for persistently elevated inflation,” Warsh said Tuesday in testimony before lawmakers. “And we share a resolute commitment to restoring price stability.”
The new Fed chairman has emphasized policymakers’ commitment to tackling inflation since he took office in May, and said the number one objective is to get monetary policy right.
Warsh’s appearance before the panel comes amid warnings from several other Fed policymakers that higher interest rates may be needed to curb inflation. The testimony was prepared prior to the Bureau of Labor Statistics’ release of fresh inflation data that showed consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Apple has filed a lawsuit against OpenAI, alleging that the company systematically stole its intellectual property by asking former Apple employees to bring information about unreleased products. Apple is seeking monetary damages and an order requiring OpenAI to halt the alleged conduct and destroy any proprietary materials, which could disrupt OpenAI's device ambitions and slow its recruiting pipeline. The lawsuit may cause OpenAI to become more cautious, create more red tape, and slow development, potentially forcing the company to redesign its products if Apple proves that OpenAI incorporated its trade secrets into upcoming devices.
For more, Carol Massar and Tim Stenovec speak with Mark Gurman, Bloomberg News Managing Editor for Global Consumer TechSee omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Rockford Weitz Professor of Practice in Maritime Studies at The Fletcher School at Tufts University Ian King, Bloomberg News US Semiconductor Reporter on SK Hynix, TSMC, chip trade Roger Crandall, CEO, Mass Mutual Erik Wasson, Bloomberg News Congressional Reporter on Graham Death Sets Up Succession Drama in South Carolina
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway.
Trump’s announcement Monday, in which he asserted the US would become the waterway’s “GUARDIAN,” intensifies an ongoing spat between Washington and Tehran over the status of the crucial shipping passage at the center of the two nations’ revived conflict.
US military forces will resume blockading traffic to and from Iranian ports and coastal areas beginning July 14 at 4 p.m. New York time, Central Command said in a statement.
Oil prices rose more than 9% Monday as traders rushed to price in flows through Hormuz possibly slowing again, while stocks and bonds fell.
On this episode, Carol Massar and Tim Stenovec speak with:See omnystudio.com/listener for privacy information.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Belle Burden's memoir, Strangers, has spurred women to open the books on their marital finances and take control of their money. Women who have read the book are taking steps such as reading tax returns, checking beneficiaries, and asking questions about their financial situations. The book's influence is showing up in financial advisers' and lawyers' offices, with women seeking to rework or create financial agreements with their partners and protect their assets.
For more, Carol Massar and guest host Isabelle Lee speak with Abha Bhattarai, Bloomberg News Equality Team LeaderSee omnystudio.com/listener for privacy information.
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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec
Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.
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