Bloomberg
Rivian Raises Production Targets as Earnings Beat
Rivian Automotive Inc. nudged up its production guidance for the year and narrowed its loss expectation as the maker of plug-in vehicles works to reestablish itself as a rising player in the increasingly crowded EV market. Bloomberg's Ed...
Bloomberg
Hongkong and Shanghai Hotels on 1h Results
Clement Kwok, CEO at Hongkong and Shanghai Hotels, discusses the first half results of the hospitality and real estate group with Rishaad Salamat and Haslinda Amin. He speaks in an exclusive interview on "Bloomberg Markets Asia".
Bloomberg
Coinbase Sees Growth Ahead in Trading Revenue
Coinbase Global Inc., the largest US cryptocurrency exchange, said its second-quarter loss narrowed and revenue exceeded estimates. CFO Alesia Haas says there is huge growth ahead for trading revenues. She speaks on "Bloomberg Markets:...
Bloomberg
Barbie Movie-Related Toys Selling Out Fast: Mattel CEO
Mattel CEO Ynon Kreiz discusses how the success of the Barbie movie will impact Mattel and says there is a very exciting slate of films in the works. He speaks with Romaine Bostick and Katie Greifeld on "Bloomberg Markets: The...
Bloomberg
Warner Music, TikTok Dance Into Expanded Licensing Pact
Warner Music Group and TikTok announced a wide-ranging partnership, giving the popular video app access to the music giant's repertoire and creating potential new revenue opportunities for artists and songwriters. Madison Mills has more...
Bloomberg
Cummins CEO Talks the Impact Biden's IRA is Having on Energy
Jennifer Rumsey, Cummins CEO and Board Chair, joined Alix Steel and Dani Burger Friday morning on "Bloomberg Markets: Americas." This Rumsey discussed President Biden's Inflation Reduction Act and the impact it is having on the energy...
Bloomberg
Lisa's Market Movers: Top Moving Stocks This Morning 7/13
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: PepsiCo, Delta Air Lines and The Walt Disney Company.
Bloomberg
Manufacturing Layoffs Coming Into Play, ISM's Fiore Says
Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee, discusses the takeaways from the ISM's June factory report with Guy Johnson and Kriti Gupta on "Bloomberg Markets." The ISM's manufacturing gauge fell to 46, the...
Bloomberg
First Look With Surveillance: Sticky Inflation, Banks Pass
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
THL Partners' Scott Sperling At SuperRetun
Scott Sperling, co-CEO of THL Partners discussed revenue and valuations in private equity, highlighting a concerning disconnect between buyer and seller. He spoke to Bloomberg's Kamaron Leach from the sidelines of SuperReturn...
Bloomberg
Top Calls: Jefferies Shuffles Resorts, Casinos Ratings
David Katz, Jefferies Analyst and Managing Director joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
Follow Bloomberg for business news & analysis,...
Bloomberg
Apple Nears $3 Trillion Market Capitalization
Ameriprise Financial Private Wealth Advisor Nancy Daoud joins Caroline Hyde to discuss Apple's market cap and tech stock valuations. Plus, why tech and AI stocks have been the main driver of markets this year.
Bloomberg
Qantas Airways CEO on Strong Demand in Australia, Weak in China
Qantas Airways CEO says demand is booming in Australia and North America, somehow compensating for weak demand in China. The CEO Alan Joyce, who's going to be stepping down after 15 years, spoke with Bloomberg's Guy Johnson from the IATA...
Bloomberg
Brex Co-CEO: AI Will Completely Transform Fintech
Credit-card startup Brex has seen a surge in usage of its products following this year's regional banking turmoil and is on pace to reach roughly $500 million in revenue over the next 12 months. Brex Co-CEO Henrique Dubugras joins...
Bloomberg
Ark's Wood: Tesla Is One of the Biggest AI Opportunities
"Tesla, many people think, is an auto stock. We don't. We think it's much more than that." Cathie Wood, founder and chief executive officer of ARK Investment Management, discusses artificial intelligence and Tesla Inc. She speaks with...
Bloomberg
Dynatrace CEO on Earnings Beat, Upbeat Forecast
Infrastructure-software company Dynatrace beat expectations and offered an upbeat forecast in their first quarter earnings results. Dynatrace CEO Rick McConnell joins Ed Ludlow for more, and to discuss why he believes generative AI is...
Bloomberg
Tencent's Revenue Grows; Net Income Misses Estimates
Tencent Holdings Ltd. posted its fastest pace of revenue growth in more than a year. Still, earnings of China's most valuable company missed estimates. Jeanny Yu reports on Bloomberg Television.
Follow Bloomberg for business news &...
Bloomberg
CreditSights' Zeng on Tencent Earnings Preview
Zerlina Zeng, Senior Credit Analyst at CreditSights, shares her preview for Tencent's first quarter earning in 2023. She speaks with Haidi Stroud-Watts and Shery Ahn on "Daybreak Asia".
Bloomberg
Micro Connect Launches Macau Exchange
Charles Li, founder and chairman at Micro Connect, a new financial market platform based in Macau, and former chief executive at HKEX, discusses the launch of the exchange, the products that will be traded and who they are trying to...
Bloomberg
Beijing Borrows at Fastest Pace on Record
China's central government is borrowing at the fastest pace on record to finance more spending and to ease the debt burden in its provinces. John Liu reports on Bloomberg Television.
Bloomberg
Super Hi's Zhou on Business Strategy
Zhou Zhaocheng, Executive Director and Chairman of the Board at Super Hi International, discusses his company's financial performance for 2022 and outlook of business plan for 2023. He speaks with Yvonne Man on "Bloomberg Markets: China...
Bloomberg
JPMorgan's Q1 Revenue Beat 'Amazing,' RBC's Cassidy Says
RBC Capital Markets Managing Director Gerard Cassidy says JPMorgan Chase & Co.'s estimates-topping first-quarter revenue was "amazing," singling out the bank's "really strong" net-income in the results. He speaks on "Bloomberg...
Bloomberg
Trillium's Smith on the Markets
Trillium Asset Management Economist and Portfolio Manager Cheryl Smith explains why she thinks the US is only just now beginning to feel the impact of the Fed's rate hikes, and expects to see much bigger effects in the next six to twelve...
Bloomberg
CATL First Quarter Revenue Surges 83%
Contemporary Amperex Technology Co. Ltd., or CATL, reported an 83% jump in revenue, beating market expectations and fueled by climbing demand for cleaner vehicle and falling raw material costs. Danny Lee reports on Bloomberg Television.