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Mar 4, 2024
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katie: no. when i am there, i am in the having interactions with people who work for the president, her unless i am at an event that the east wing is posting or traveling with her. she is not somebody who is walking around the west wing, having informal meetings with advisors for her husband. she trusts that they are protecti him and doing the right thing for him him having to sort of micromanage that. peter: how big is the new york times staff at the white house? reporters? katie: i think we have six nowir in for reporters abroad or working on projects, but i think we have six right now. t was yourthe new york times? katie: from indiana and started at my hometown paper in 2007. that was when the great recession happened. i'm only going back this far because it is a weird path mpi decided to go to graduate school at northwestern because the economy was terrible and i anted a reporting job so i thought maybe if i got a graduate degree in■ jouald go sd wo interested in d done it as a kid faceboo
katie: no. when i am there, i am in the having interactions with people who work for the president, her unless i am at an event that the east wing is posting or traveling with her. she is not somebody who is walking around the west wing, having informal meetings with advisors for her husband. she trusts that they are protecti him and doing the right thing for him him having to sort of micromanage that. peter: how big is the new york times staff at the white house? reporters? katie: i think we...
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Feb 27, 2024
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katie: i want to talk more about pricing. for a lot of the food companies, pricing is still an issue. i spoke to the ceo of mondelez last week, and they will have to continue raising prices on a lot of their products. the price of cocoa has been going up for a while now. when you look across your portfolio, are you having to increase prices still, what is the strategy? mark: first of all, we take a very prudent approach to pricing. in our portfolio, across our categories, we offer a spectrum of values. we have brands that are more affordable, more premium. we have something in each category for all of our consumers. although we view we are generally in an inflationary environment still, we pass on price declines as well, which we did in the last six months on coffee. we want to make sure we are focusing on the consumer needs, being thoughtful when we need to take pricing actions. katie: that is an interesting point on coffee. would you expect to pass on more price declines on some of your other products as well in the future?
katie: i want to talk more about pricing. for a lot of the food companies, pricing is still an issue. i spoke to the ceo of mondelez last week, and they will have to continue raising prices on a lot of their products. the price of cocoa has been going up for a while now. when you look across your portfolio, are you having to increase prices still, what is the strategy? mark: first of all, we take a very prudent approach to pricing. in our portfolio, across our categories, we offer a spectrum of...
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Mar 4, 2024
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katie: yes. they think she is a tough grader. on trips i have taken with her i have seen her sort pouring over the papers and she is very invested in getting feedback to her students. peter: katie rogers, from your extended interviews with jill biden, what are your impressions? katie: my impressions? a short question with a long answer, i think. husband. and i think she is very practiced at allowing glimpses of her personal life that have already been vetted and workshop and approved over a lot of years. she much differentis in public and in private, and thatng thing to say. i guess that's a way of saying she has learned to guard herself over many years in the public eye. she is conversational, curious she often answers a question with a question, which is i think an interesting tactici think she is hard to get to know, but then again, shhas given so much of herself to the already, that i think i can understand how that would be very important to protect. peter: we are going to show video of her
katie: yes. they think she is a tough grader. on trips i have taken with her i have seen her sort pouring over the papers and she is very invested in getting feedback to her students. peter: katie rogers, from your extended interviews with jill biden, what are your impressions? katie: my impressions? a short question with a long answer, i think. husband. and i think she is very practiced at allowing glimpses of her personal life that have already been vetted and workshop and approved over a lot...
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Apr 29, 2024
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katie: interesting. stephan: yes, it is interesting, but we also see that things change and see that we don't need to decide a lot in the three months. we have today for the future. we have more time to decide what to do next, stay hybrid or well electric. katie: a few things i want to get into there, so let's talk about the fourth model. what could that look like? are we talking about another suv or a four-door sedan? stephan: looking into the lineup of a super sports car company, you have the pure super sports cars and for us we have also the first suv in the 80's, lm 002. it came naturally. what's missing in a lineup like ours, because of our dna, was a coop, two plus two, but with a modern interpretation that has more ground clearance. in a four seater, something that we are forward to and i think it will be successful. katie: definitely going to stay tuned there, that sounds really interesting. let's talk more about the timeline for fully electric. when it comes to the hybrids, you have taken a very
katie: interesting. stephan: yes, it is interesting, but we also see that things change and see that we don't need to decide a lot in the three months. we have today for the future. we have more time to decide what to do next, stay hybrid or well electric. katie: a few things i want to get into there, so let's talk about the fourth model. what could that look like? are we talking about another suv or a four-door sedan? stephan: looking into the lineup of a super sports car company, you have the...
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May 28, 2024
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katie: this set of data incident 2016. could you walk us through why the decision to in in 2016 and what the data might have looked like? thomas: the data on what presidents do every day comes from the presidential libraries. a presidential library gets built. and you have the daily calendars and those are what i went through. for former president trump we don't have a presidential library yet so those documents are not available. we can look at the public pressure he exerted but in terms of personal interactions, i cannot see them yet. i am eager to look at those in the future once we have a trump presidential library. david: it sounds like we should take seriously about influence on the fed? thomas: yes. based on my research it can have severe consequences for inflation. we should take this seriously and i'm glad you are reporting on it. katie: it is a great paper and we thank you for taking the time to discussing it with us. thank you to thomas drechsler of the university of maryland. david: we will speak to glenn augus
katie: this set of data incident 2016. could you walk us through why the decision to in in 2016 and what the data might have looked like? thomas: the data on what presidents do every day comes from the presidential libraries. a presidential library gets built. and you have the daily calendars and those are what i went through. for former president trump we don't have a presidential library yet so those documents are not available. we can look at the public pressure he exerted but in terms of...
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May 1, 2024
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katie: we appreciate your time. still ahead, people take a look at the company is making the most social buzz in our social climbers segment, next. this is bloomberg. ♪ ♪♪ sandals jamaica sale is now on! with rates from $199 per person per night. visit sandals.com or call 1-800-sandals how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. katie: time for social climbers. look at the stocks making waves on social media. pfizer leading expectations and hiking its full-year profit outlook. the defendant from cost cuts and strong sales of non-covid products. pfizer trying to regain their footing after the rapid decline of its covid business. finally playing catch-up. the maker of heinz ketchup and kraft mac & cheese says man for products is softening banks to higher prices and reduced food stamp benefits. estee lauder lowering its revenue outlook
katie: we appreciate your time. still ahead, people take a look at the company is making the most social buzz in our social climbers segment, next. this is bloomberg. ♪ ♪♪ sandals jamaica sale is now on! with rates from $199 per person per night. visit sandals.com or call 1-800-sandals how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than...
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May 9, 2024
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i am katie greifeld. this is bloomberg. >> from the heart of where innovation, money and power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow. caroline: live from san francisco, i am caroline hyde. ed: and i am ed ludlow. this is a special edition of bloomberg technology. we will speak to
i am katie greifeld. this is bloomberg. >> from the heart of where innovation, money and power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow. caroline: live from san francisco, i am caroline hyde. ed: and i am ed ludlow. this is a special edition of bloomberg technology. we will speak to
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Apr 23, 2024
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katie: shares up 12.5%. different with what is going on with pepsi and weakness specifically in north america. emily: more are facing higher inflation and probably turning to other alternatives. you look at the north american food and drinks division, they sold fewer goods by volume compared with a year earlier. drink volumes were down 5% in the region. the eps and revenue beat estimates put feels like shareholders are more focused on the volume decline. they had a recall for quicker food spec in january. i was not aware of this and i do eat a lot of oatmeal. cereal bars and snacks, a risk of salmonella and seeing quaker oats revenue fell 24% in the quarter after the recall. katie: a great round up. coming up on this program, tough times for tesla. we will explore what investors will be watching after the ev maker reports after the bell. this is bloomberg. ♪ katie: tesla investors on edge ahead of this afternoon's earnings call because shares of the ev giant have plummeted over 40% this year and are in the
katie: shares up 12.5%. different with what is going on with pepsi and weakness specifically in north america. emily: more are facing higher inflation and probably turning to other alternatives. you look at the north american food and drinks division, they sold fewer goods by volume compared with a year earlier. drink volumes were down 5% in the region. the eps and revenue beat estimates put feels like shareholders are more focused on the volume decline. they had a recall for quicker food spec...
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May 24, 2024
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katie: and katie greifeld in new york. welcome to "bloomberg markets." look at markets on this friday, green on the screen after a disappointing day on thursday. s&p 500 higher by .4%. it felt by .7% yesterday. we are marginally lower for the week. a look at the nasdaq 100, higher by half a percent. but russell 2000 current the higher by .6% or so. let's drill down into eli lilly, boosting its weight loss drug supply. the farmer giant was meant 5.3 billion -- will spend $5.3 billion to make the main ingredient on its with loss drugs. the popularity of this shot has led to shortages. gaming cardi joins us now with more details. you think about the question to boost production and be able to address the demand. how far will the investment go? >> ideally, despite the ubiquity of these medicines it sometimes escapes and it sometimes escapes notice that they are technically in a shortage, lily's and a competing drug from novo nordisk. the idea is to boost the production of the active ingredient. it is not just the immediate problem lily is having, the autoinj
katie: and katie greifeld in new york. welcome to "bloomberg markets." look at markets on this friday, green on the screen after a disappointing day on thursday. s&p 500 higher by .4%. it felt by .7% yesterday. we are marginally lower for the week. a look at the nasdaq 100, higher by half a percent. but russell 2000 current the higher by .6% or so. let's drill down into eli lilly, boosting its weight loss drug supply. the farmer giant was meant 5.3 billion -- will spend $5.3...
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Mar 21, 2024
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katie: it is kind of nice. we had it in the form of labs, a little bit smaller, but pretty similar. >> similar in the terms of dollars raised size. trading above where it priced its ipo. there is a lot of anticipation that but it will see something similar. bloomberg had reported before the confirmation that they were aiming for the upper end of that range, so any minute, we could get an indication of how that will go. katie: you will be speaking to the coo later today. what is on the top of the list? >> i want to understand this new business that they have. reddit has over 7 million daily users, but what is unique about them is that many of those users only use reddit. they -- their behavior is unique. they only had -- they already have a deal with google. how much data are you going to sell? who are you going to sell it to? they only started making meaningful revenue gains on the advertisement business. i think a lot of the hype is on that potential. katie: stay with bloomberg as we follow all the latest deve
katie: it is kind of nice. we had it in the form of labs, a little bit smaller, but pretty similar. >> similar in the terms of dollars raised size. trading above where it priced its ipo. there is a lot of anticipation that but it will see something similar. bloomberg had reported before the confirmation that they were aiming for the upper end of that range, so any minute, we could get an indication of how that will go. katie: you will be speaking to the coo later today. what is on the top...
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May 15, 2024
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katie:: i m katie greifeld and welcome to bloomberg markets. a lot of good news on the screen behind me. s&p 500 on an all-time high of about .4%. the same story if you look at big tech higher to the tune of about point 4%. you can see the 10-year gilts currently lower by point 05, pretty close to 430 and some of that has come back. consumer prices cooled in april for the first time in six months which is a welcome relief for the fed. we have had a while to digest had by numbers. take us below the headline what were some of the biggest component moves? mike: they were good because they came down on the month of for the month basis. most of the categories people watch did go on the right direction. used cars fell as to cost for health care. for many people although prices are still rising. there are some areas the fed will be worrying about. the good news in the numbers is housing where it is so small decline but there is a decline to the lowest we have seen. with rent going down as well. this may presage a further drop in housing. that is what
katie:: i m katie greifeld and welcome to bloomberg markets. a lot of good news on the screen behind me. s&p 500 on an all-time high of about .4%. the same story if you look at big tech higher to the tune of about point 4%. you can see the 10-year gilts currently lower by point 05, pretty close to 430 and some of that has come back. consumer prices cooled in april for the first time in six months which is a welcome relief for the fed. we have had a while to digest had by numbers. take us...
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Mar 4, 2024
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katie: that's really interesting. it sounds like what you're saying is this is not a blanket buy on beauty, you really have to look at the fundamentals, the different corporate actions that these different competitors are actually taking here. lauren: exactly right. so westwood is a bottoms-up shop, so we focus on the fundamentals of the business over the long term. more than ever, you have to be very, very picky where you invest in consumer discretionary. it remains a tough space, and i think we're going to have a very mixed market this year within those stocks. so it's important to remain very careful where you invest. katie: lauren, stick with us. we're going to go from beauty to the clothes retailers next. let's look at what's moving underneath the markets right now. we're going to do that with bailey. let's start off with jeff, what's going on? >> the troubled deal to acquire spirit air, no more deal. yes, this comes morn a month after a federal judge blocked the deal on antitrust grounds. you're seeing jet blue
katie: that's really interesting. it sounds like what you're saying is this is not a blanket buy on beauty, you really have to look at the fundamentals, the different corporate actions that these different competitors are actually taking here. lauren: exactly right. so westwood is a bottoms-up shop, so we focus on the fundamentals of the business over the long term. more than ever, you have to be very, very picky where you invest in consumer discretionary. it remains a tough space, and i think...
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Mar 5, 2024
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katie: stick with us. we have not even talked about ai but you are going to sit tight because we will take a quick look at what is moving underneath the markets with emily sitting to my left. tell me about target? emily: we had a good quarter, there adjusted eps beat estimates versus estimates of 240. the sales declined 2.4% which slightly beat estimates but it did fall for the third consecutive quarter. like a lot retailers target struggled with their profit as inflation is higher and consumers spend less on items when they go to these retailers which has been an area of focus. they are saying the biggest jump in november and another area of focus is the inventory and are they able to clear the inventory so they do not see as much of a loss when they cannot sell all of it because people do not want to pay for it. target says they reduced inventory by 12% which was better than expected. katie: you can see that being rewarded in the shares up 11%. it is a different story for stitch fix. emily: this is a sma
katie: stick with us. we have not even talked about ai but you are going to sit tight because we will take a quick look at what is moving underneath the markets with emily sitting to my left. tell me about target? emily: we had a good quarter, there adjusted eps beat estimates versus estimates of 240. the sales declined 2.4% which slightly beat estimates but it did fall for the third consecutive quarter. like a lot retailers target struggled with their profit as inflation is higher and...
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May 10, 2024
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katie: you make an interesting point. it is worth extending your timeline thinking about what type of businesses will be the users of ai. if you think about the stage of the investment cycle when it comes to ai, it feels like people are going up to the picks and shovels, the companies that are powering ai such as nvidia. it sounds like you are saying look beyond that. kim: absolutely. this is going to -- i don't know if anything really pops up. microsoft is probably the only place i think they have a whole lot of data that they can provide better services for the client to mine. that's a no-brainer. there will be other quirkier things. oh, i should have thought of that. to be on the lookout about where people have data or there is a lot of wasted human activity that it machine could do better. those are the kind of places i'm looking for investment opportunities. i think everybody should. katie: be on the lookout and be creative. have a great weekend. that is kim forrest of bokeh capital. let's look at what's moving under
katie: you make an interesting point. it is worth extending your timeline thinking about what type of businesses will be the users of ai. if you think about the stage of the investment cycle when it comes to ai, it feels like people are going up to the picks and shovels, the companies that are powering ai such as nvidia. it sounds like you are saying look beyond that. kim: absolutely. this is going to -- i don't know if anything really pops up. microsoft is probably the only place i think they...
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May 14, 2024
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i'm katie greifeld. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates, exemption certificates or filing returns. avalarahhh ahhh ahhh ahhh >> from the heart of where innovation, power, and money collide, this is "bloomberg technology," with caroline hyde and ed ludlow. caroline: i'm caroline hyde in new york. ed: i'm ed ludlow in san francisco. this is "bloomberg technology." caroline: coming up, the amazon web services ceo is stepping down from the job. details to come. ed: openai unveils an update as google kicks off
i'm katie greifeld. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates, exemption certificates or filing returns. avalarahhh ahhh ahhh ahhh >> from the heart of where innovation, power, and money collide, this is "bloomberg technology," with caroline hyde and ed ludlow. caroline: i'm caroline hyde in new york. ed: i'm ed ludlow in san francisco. this is "bloomberg technology." caroline: coming...
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Apr 22, 2024
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katie: i am katie greifeld. take a look at markets. a lot of green on the screen. currently into the tune of .5%. higher by about 6% to 7%. a really big week of earnings. currently higher by 1% at this moment because right now there is a lot of enthusiasm heading into a blockbuster week. abigail: more than $16 trillion worth of market cap to report. it will be significant as well. we have a lot of the big tech names reporting which is one reason why it is so significant. let's take a look at some of the names reporting this week. boeing, meta and alphabet -- there will not be a two week. it is not so pretty. tesla down over the last month alone. news out over the weekend with more price cuts in china. looking at big growth for next quarter. they are looking at a decent game -- gain. these names have really been to a certain degree since -- until the last few weeks. katie: let's turn to stephanie. joining the onset. great to have you. abigail was just talking and three straight weeks of losses for the s&p 500. we have not seen that in quite a while. the busiest week
katie: i am katie greifeld. take a look at markets. a lot of green on the screen. currently into the tune of .5%. higher by about 6% to 7%. a really big week of earnings. currently higher by 1% at this moment because right now there is a lot of enthusiasm heading into a blockbuster week. abigail: more than $16 trillion worth of market cap to report. it will be significant as well. we have a lot of the big tech names reporting which is one reason why it is so significant. let's take a look at...
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May 16, 2024
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katie: this is good news for walmart. it feels like walmart can make money in any environment and right now making money from the tray down. i have to imagine it is painful for other parts of the industry. andrea: i would imagine. what they have talked about is doing a better job on fresh food , general merchandise, fashion, home furnishings. i was listening to the call thinking the latter is not going to be totally good news for target which has a lot of those upper income customers and they come in for essentials but also by the fashion. so walmart turning the incredible scale on that market is not great for target which is trying to turn around its fortunes. katie: really appreciate your time on the blockbuster earnings from walmart. to broaden out the conversation, joining us is mark spellman, ceo of alpine woods. let's talk about what we have learned about the consumer. we had the walmart earnings showing the trade down and retail sales were a big goose egg which surprised a lot of people. how are you feeling about t
katie: this is good news for walmart. it feels like walmart can make money in any environment and right now making money from the tray down. i have to imagine it is painful for other parts of the industry. andrea: i would imagine. what they have talked about is doing a better job on fresh food , general merchandise, fashion, home furnishings. i was listening to the call thinking the latter is not going to be totally good news for target which has a lot of those upper income customers and they...
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Jan 26, 2024
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katie: i'm katie greifeld in new york. welcome to bloomberg markets. you have an s&p 500 fighting and failing to go green. we are down by less than .1% but we'll see how we settle up. big tech having the worst day, down .5%, coming back to the intel results we got earlier. that leads me to the stoxx index, down by 2.4% right now, intel taking a bite right there and leading the industry down lower. spirit airlines, that saga continues. jetblue warning today that the merger deal could be terminated, sending spirit shares down to the tune of 16% or so. let's go back to the stoxx and intel, because intel taking a tumble today after a disappointing forecast on yesterday's earnings call. sales and profits came in under wall street estimates. jackie, it seems like it's the outlook here that is spooking investors. jackie: that's right. it overshadowed a very healthy report. you had sales projected to come in between 12.2 billion dollars and $13.2 billion, but wall street was expecting $14.3 billion. that is over a billion dollar miss at the middle range. profi
katie: i'm katie greifeld in new york. welcome to bloomberg markets. you have an s&p 500 fighting and failing to go green. we are down by less than .1% but we'll see how we settle up. big tech having the worst day, down .5%, coming back to the intel results we got earlier. that leads me to the stoxx index, down by 2.4% right now, intel taking a bite right there and leading the industry down lower. spirit airlines, that saga continues. jetblue warning today that the merger deal could be...
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Feb 6, 2024
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katie: i have a two-part question. do you think and hope other big tech companies will follow that here. thinking about amazon famously does not offer dividends, how do you think they are viewing this? mark: amazon is a bit of a different am an old -- of an animal. they have an allocator on their cash. as far as an investor standpoint, i would rather have the company that has the opportunity to invest the cash then give it back. if you look at where the return profile will be for meta the next five years versus the last five years it will be lower. unto itself. it may outpace companies like we talked about online, industrials, etc. but it will be lower because of the fact they are paying out that cash. katie: i was joking in the commercial break it seems like a bit of a pair trade going on. there are the met -- the meadows of the world as well as the big banks that you are not as excited about. jane frazier has been pretty aggressive in that restructuring plan. mark: she has her plate full and she's been clear about th
katie: i have a two-part question. do you think and hope other big tech companies will follow that here. thinking about amazon famously does not offer dividends, how do you think they are viewing this? mark: amazon is a bit of a different am an old -- of an animal. they have an allocator on their cash. as far as an investor standpoint, i would rather have the company that has the opportunity to invest the cash then give it back. if you look at where the return profile will be for meta the next...
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Mar 15, 2024
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katie: a dangerous game. i want to talk about what we are seeing in earnings because you have had a parade of people on this program but also on the sell side saying what we are seeing in earnings, specifically tech earnings, justifies what we are seeing in the share price. curious for your thoughts there. rob: for now, correct. let's take nvidia as a specific example. profit margin north of 50%. everyone hundred dollars people spend on their product, their outlays, their spending -- they are spending less than $.50 on the dollar on r&d and taxes. and is it plausible that amd, intel, taiwan semiconductor won't see super chips as a potentially interesting market where they can compete? amd has the new chip they claim is 25% faster than nvidia's fastest priced at $13,000 a chip where nvidia's is at $40,000. katie: amd, a lot of people have been pushing that is the next nvidia, but tear your point, pricing matters there -- but to your point, pricing matters there. i want to talk about value stocks. david einhorn
katie: a dangerous game. i want to talk about what we are seeing in earnings because you have had a parade of people on this program but also on the sell side saying what we are seeing in earnings, specifically tech earnings, justifies what we are seeing in the share price. curious for your thoughts there. rob: for now, correct. let's take nvidia as a specific example. profit margin north of 50%. everyone hundred dollars people spend on their product, their outlays, their spending -- they are...
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Mar 28, 2024
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katie: stir away. it is a question that i have asked, but at the same time you have inflation coming down. why are we talking about rate cuts? i know you think that there is a risk that they could hike, but why do you think the fed is talking about rate cuts? what explains the real desire to cut rates this year? >> i think the fed in the markets have gotten a little drunk on the punch they have been getting for years now. we are so into this zero interest rate environment that it seems absolutely insane that we would not start to cut. if we look back historically, these rates are not high. i think the fed -- we are in an election year. they like to say the fed is not political, but they can be. generally speaking, the fed wants to cut interest rates and do things that will have a soft landing. raising rates will increase the rates of a recession. katie: i think we will be having that conversation pretty often the next couple of months. one quick question before we go to break. to me, this year so far i
katie: stir away. it is a question that i have asked, but at the same time you have inflation coming down. why are we talking about rate cuts? i know you think that there is a risk that they could hike, but why do you think the fed is talking about rate cuts? what explains the real desire to cut rates this year? >> i think the fed in the markets have gotten a little drunk on the punch they have been getting for years now. we are so into this zero interest rate environment that it seems...
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Jan 23, 2024
01/24
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katie: let's get specific. i noted that you are talking about kayak, talking about expedia. 2023 was a great year for a lot of those names. expedia up 73% last year alone. how much good news is priced in? similar to what we are seeing with ge today. sarah: i don't think the good news is all priced in. when you look at those ratios, they are not insane. these are legacy tech companies that have been a good job of buying up a lot of new things. booking owns opentable. as we have seen these returns to going out more and whether it is business or pleasure, we are really seeing that across that conglomerate, i like there is not a single bet, cruises would've had a huge year last year, or hotels or it will be any one thing. it is sort of a play on the sector, which is do you think people are traveling again and the data shows the answer is very much a yes. katie: let's stick with this valuation conversation and stick it out. it is striking that you take a look at the s&p 500, at record highs right now. back to januar
katie: let's get specific. i noted that you are talking about kayak, talking about expedia. 2023 was a great year for a lot of those names. expedia up 73% last year alone. how much good news is priced in? similar to what we are seeing with ge today. sarah: i don't think the good news is all priced in. when you look at those ratios, they are not insane. these are legacy tech companies that have been a good job of buying up a lot of new things. booking owns opentable. as we have seen these...
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Apr 9, 2024
04/24
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katie: currently higher by about .7%. holding onto the gains in a market that actually is taking a bit of a nosedive at the moment. take a look at the s&p 500. i double checked this a few times. take a look at where we are trading, down .8%, big flip from where we were an hour ago. it is the same thing when you look at the nasdaq 100, off .7% as well. small caps and outperformer now but still down as well, .4%. risk appetite appears to turn on a dime here. coming up on "bloomberg technology," trust machines will join with caroline hyde. that does it for "bloomberg markets." in katie greifeld, and this is bloomberg. ♪ >> from the heart of where innovation, money, and power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow. caroline: i'm caroline hyde i bloomberg world headquarters in new york. ed ludlow, he's off. this is "bloomberg technology." google unveils a host of updates to its ai products. we will break down what came from the company's cloud computing conferenc
katie: currently higher by about .7%. holding onto the gains in a market that actually is taking a bit of a nosedive at the moment. take a look at the s&p 500. i double checked this a few times. take a look at where we are trading, down .8%, big flip from where we were an hour ago. it is the same thing when you look at the nasdaq 100, off .7% as well. small caps and outperformer now but still down as well, .4%. risk appetite appears to turn on a dime here. coming up on "bloomberg...
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Mar 22, 2024
03/24
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katie: let's talk about the ipo market. you had reddit a andstero labs optics week -- out this week. they seem to be important as temperature checks, that you have the ceos of other companies in the pipeline really seeing how they were received in terms of whether those companies then want to go public. i'm curious whether you view it that way and whether your clients are as well. >> 38 ipo's so far this year in the u.s. come up about 20% over last year is nothing like the volume of 2021. there is a lot of excitement about reddit and the 48% bump on the launch. generally, i think the excitement of the possibility of ipo's being back. the real story on reddit is not the 48% bump which is exciting but the fact that they've licensed their data to google. it's an interesting story because the redditors, the 70 trillion -- 73 million unique users per day are not happy about the fact that their data will be used to train googles lot -- language model. it will be interesting to see what the licensing of data does to drive the comm
katie: let's talk about the ipo market. you had reddit a andstero labs optics week -- out this week. they seem to be important as temperature checks, that you have the ceos of other companies in the pipeline really seeing how they were received in terms of whether those companies then want to go public. i'm curious whether you view it that way and whether your clients are as well. >> 38 ipo's so far this year in the u.s. come up about 20% over last year is nothing like the volume of 2021....
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May 21, 2024
05/24
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katie: delight the senses. remaine: -- romaine: he said fragrances are one of those things people are willing to indulge in and spend more on. you saw that show up in a blue mercury, their cosmetics flagship brand but also in the space in bloomingdale's at macy's counters as well. katie: it is interesting to see the stock reaction and consider that they have activists coming after them. what does this mean in terms of pressure when it comes to those activists? romaine: he was reticent about answering the question. they have 15 members on the board and at least two of those are from that are cost brigade mash-up. -- that our cows brigade -- park ark house ordered and were in that it takes them in the wrong direction -- brigade mash-up. he is worried that it takes some in the wrong direction. katie: that is bloomberg's romaine bostick. macy's currently down .2%. coming up, a cheaper cup of joe. coffee prices should come down this year. we will talk with the ceo. this is bloomberg. ♪ - super excited to open up m
katie: delight the senses. remaine: -- romaine: he said fragrances are one of those things people are willing to indulge in and spend more on. you saw that show up in a blue mercury, their cosmetics flagship brand but also in the space in bloomingdale's at macy's counters as well. katie: it is interesting to see the stock reaction and consider that they have activists coming after them. what does this mean in terms of pressure when it comes to those activists? romaine: he was reticent about...
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May 20, 2024
05/24
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thank you for paying tribute, katie. james, i for paying tribute, katie. james, just briefly, what are you hoping to come out of today?— come out of today? accountability. that is the true _ come out of today? accountability. that is the true thing _ come out of today? accountability. that is the true thing here - come out of today? accountability. that is the true thing here for - that is the true thing here for everyone. myself included. forso long, they've been ignored, unheard, ghosts, having a death sentence on them almost permanently from the moment they are told they are infected. there is a stigma that everyone has had. they think it needs to... i think people... finally, they've been heard. dad passed away but we are doing this for him for people who are still alive and fighting and deeply honoured to be part of a group that has fought so hard when i didn't think something like this would happen and would finally come. i am deeply grateful that this moment is sort of almost upon us. {lila deeply grateful that this moment is sort of almost upon u
thank you for paying tribute, katie. james, i for paying tribute, katie. james, just briefly, what are you hoping to come out of today?— come out of today? accountability. that is the true _ come out of today? accountability. that is the true thing _ come out of today? accountability. that is the true thing here - come out of today? accountability. that is the true thing here for - that is the true thing here for everyone. myself included. forso long, they've been ignored, unheard, ghosts,...
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Feb 29, 2024
02/24
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katie: thank you so much. coming up, bitcoin soars over 60 thousand dollars, pushing toward a new record high. we will look at what's driving that rally and if it can keep up the momentum. this is bloomberg. ♪ something amazing is happening here. retailers are moving inventory quickly and securely. that's because cdw designed and built a solution with cisco security. end to end protection, defends against attacks and makes better decisions in real time. so warehouse and customer data stay protected every step of the way. make amazing happen. cisco and cdw. katie: bitcoin is on its way back to the moon with prices of the cryptocurrency climbing back toward record highs as billions of dollars flood into the newly launched spot etf's. for more on this, you take a look at the numbers and the fact that we are well above 60,000 once again on bitcoin, do you think we would have this conversation had you not finally seen the launch of those spot bitcoin etf? >> being virtually at all-time highs, six or $7,000 off of
katie: thank you so much. coming up, bitcoin soars over 60 thousand dollars, pushing toward a new record high. we will look at what's driving that rally and if it can keep up the momentum. this is bloomberg. ♪ something amazing is happening here. retailers are moving inventory quickly and securely. that's because cdw designed and built a solution with cisco security. end to end protection, defends against attacks and makes better decisions in real time. so warehouse and customer data stay...
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May 30, 2024
05/24
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ellen: thanks katie. as we look at the rest of the year we think there is some danger the consumer may weaken. he sought in the gdp revision numbers from today when he saw the q1 gdp revised down a few tens of a percent. that was due to lower consumer spending. you are seeing more differentiation in the retail names that have recorded -- reported recently. you have seen weakness in the job market. it is not weak but it is weaker than it was. the job market had been so strong for the last 12, 18 months. it's beginning to soften a little bit at the margins. i think you will see more differentiation amongst the consumer names. you will see a little bit weaker consumer numbers generally as we go forward this year. that does not mean the market is lost. it does not mean the economy is going down. you just need to be a little more selective. katie: that's a good point. we are seeing so much dispersion within sectors. foot locker and kohl's are a example this morning. i really haven't have-nots situation here. i
ellen: thanks katie. as we look at the rest of the year we think there is some danger the consumer may weaken. he sought in the gdp revision numbers from today when he saw the q1 gdp revised down a few tens of a percent. that was due to lower consumer spending. you are seeing more differentiation in the retail names that have recorded -- reported recently. you have seen weakness in the job market. it is not weak but it is weaker than it was. the job market had been so strong for the last 12, 18...
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Apr 1, 2024
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katie: so no more baseball cards? >> no but there is still the idea that the idea of radical transparency when people want to talk to each other quite bluntly what they did or did not do correctly. katie: when it comes to the potential investors and investors currently with bridgewater, i imagine the turnaround performances top-of-the-line? >> they went through more than 10 years of pretty poor performance, one or 2% annualized. people really like bridgewater for its research and that's what has kept investors there. there comes up point and especially after last years losses which was one of their worst losses, people are really impatient. katie: it's a fantastic article and that is bloomberg's kathy burton talking about help bridgewater ceo turnaround hinges on wooing restless clients. looking at the markets, the s&p 500 is in the red, down about 0.3%. big tech is hanging on is the nasdaq 100 is up about 0.1% in the bond market is losses after what we saw this morning in terms of the manufacturing figures. yields ar
katie: so no more baseball cards? >> no but there is still the idea that the idea of radical transparency when people want to talk to each other quite bluntly what they did or did not do correctly. katie: when it comes to the potential investors and investors currently with bridgewater, i imagine the turnaround performances top-of-the-line? >> they went through more than 10 years of pretty poor performance, one or 2% annualized. people really like bridgewater for its research and...
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Mar 1, 2024
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katie: what would be the catalyst? is this an earnings story where the fed finally moving into cutting mode? what would be the catalyst for this for investors on a broad level to look outside of tech? >> we are overweight industrials and have been for over a year now. we are very constructive on the u.s. industrial economy. you benefit from things like global sits up -- supply chain a diversification out of the pandemic and reassuring but you benefit from increased automation and what you are seeing these companies do is incorporate their own forms of ai implementation in a way that maximizes their approach to customers in business activity. we think the industrial economy is in good shape. in addition, you are seeing more of these companies are targeting where a lot of the ai investment spend is going. you build a new data center and you need equipment to support that as part of the build out. they are benefiting from some of these same tailwinds. we think we will see from us it fiscal stimulus effect, the government
katie: what would be the catalyst? is this an earnings story where the fed finally moving into cutting mode? what would be the catalyst for this for investors on a broad level to look outside of tech? >> we are overweight industrials and have been for over a year now. we are very constructive on the u.s. industrial economy. you benefit from things like global sits up -- supply chain a diversification out of the pandemic and reassuring but you benefit from increased automation and what you...
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Apr 1, 2024
04/24
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katie: thank you so much. coming up, we will take a look at operation challenges following the collapse of the francis scott key bridge. we will speak to the ceo of supply chain management company exeger next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ♪ ♪ ♪ ♪ ♪ ♪ give into the rhythm of the islands and delight in a caribbean state of mind. visit sandals.com or call 1-800 sandals. >> you are looking at a live shot of the principal room. coming up, michaelkirban joins us at 2:30 p.m. new york time. this is bloomberg. ♪ katie: it's time for our daily wall street week segment. ports along the east coast or modifying operations to absorb cargo diverted from the baltimore harbor. for more in the aftermath of the francis scott key bridge collapse, brenton daniels and david westin join us now. it's a co
katie: thank you so much. coming up, we will take a look at operation challenges following the collapse of the francis scott key bridge. we will speak to the ceo of supply chain management company exeger next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ♪ ♪ ♪ ♪ ♪ ♪ give into the...
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Feb 2, 2024
02/24
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katie: with home prices falling. robert: i would say the market we are in, where home prices have fallen the most is austin. oh -- what we have seen is the markets that have seen the biggest covid boom are on the other site. they have the biggest pricing correction. but i think the pricing corrections across the different markets, they have settled down. i'm not seeing prices month over month decline. it was more year-over-year. at this point the market is feeling much more stable and they have corrected. katie: what trends are you seeing coming back to the supplier conversation? what trends are you seeing when it comes to existing homes coming up for sale versus actual new supply? robert: there is not enough inventory. there is more buyers than sellers. in a -- and existing homes are the bottleneck. the biggest winners in the last two years are the homebuilders. new construction. for two reasons. one, because buyers want things that are move-in ready. they want new. i don't want to buy a home and spend hundreds of t
katie: with home prices falling. robert: i would say the market we are in, where home prices have fallen the most is austin. oh -- what we have seen is the markets that have seen the biggest covid boom are on the other site. they have the biggest pricing correction. but i think the pricing corrections across the different markets, they have settled down. i'm not seeing prices month over month decline. it was more year-over-year. at this point the market is feeling much more stable and they have...
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Mar 20, 2024
03/24
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katie: thank you so much. as we drumbeat and count down to the reddit ipo, could be an interesting and fun 24 hours. coming up, earl davis from bmo on his fed cut expectations and expectations for the fed's $7.5 trillion balance sheet. that conversation up next. this is bloomberg. ♪ when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. katie: welcome to bluebird markets. let's take a quick check of these markets. there is absolutely nothing happening behind me. take a look at the s&p 500, take a look at big tech, nasdaq 100 jus
katie: thank you so much. as we drumbeat and count down to the reddit ipo, could be an interesting and fun 24 hours. coming up, earl davis from bmo on his fed cut expectations and expectations for the fed's $7.5 trillion balance sheet. that conversation up next. this is bloomberg. ♪ when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come...
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Mar 19, 2024
03/24
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katie: david westin, thank you so much. this is bloomberg. ♪ ♪ u don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh billy's not just running a small goat grazing business he's also the chief marketing officer. and when he needs to round up some new customers constant contact makes it easy. helping him craft the perfect message like a marketing genius so his email stands out. constant contact delivers all the tools you need to help your business grow. if billy can do it so can you. get started today at constantcontact.com. helping the small stand tall. katie: it is a big week for central banks. you have the bank of japan putting an end to negative rates and now focus shifts to the fomc tomorrow. bloomberg spoke with bank of mecca chairman and ceo brian moynihan in an exclusive interview and asked for his take on the economy. brian: our team protected recession somewhere earlier this year. then they took it off the table and now they are predicting 2% plus growth for this quarter.
katie: david westin, thank you so much. this is bloomberg. ♪ ♪ u don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh billy's not just running a small goat grazing business he's also the chief marketing officer. and when he needs to round up some new customers constant contact makes it easy. helping him craft the perfect message like a marketing genius so his email stands out. constant contact delivers all the tools you need to help your business grow....
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Jan 24, 2024
01/24
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. ♪ katie: i'm katie greifeld in new york and welcome to bloomberg markets. let's start with a check on those markets. you have the s&p 500 higher by about half a percent. big tech doing better, of about .8%. all is pretty quiet in the bond market. probably helping the equity market. ten-year yields up 4% and staying there. vix, a 13 handle this time yesterday. we are now trading with that 12 handle. we will see how low vol can go. let's talk about netflix, soaring after his best quarter of subscriber growth since the early days of the pandemic. they added 13 million viewers and reach the deal yesterday with the w w ee to stream his flagship show raw on the platform -- wwe. you think about what we learned last night. how many of the subscriber growth was fueled by the password crackdown? >> almost all of that came from the password sharing crackdown. it's definitely bringing results. we saw big numbers. subscriber gains came in 50% above consensus expectations. what is driving the momentum today is we will see this growth. we still have a huge amount of untap
. ♪ katie: i'm katie greifeld in new york and welcome to bloomberg markets. let's start with a check on those markets. you have the s&p 500 higher by about half a percent. big tech doing better, of about .8%. all is pretty quiet in the bond market. probably helping the equity market. ten-year yields up 4% and staying there. vix, a 13 handle this time yesterday. we are now trading with that 12 handle. we will see how low vol can go. let's talk about netflix, soaring after his best quarter...
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May 7, 2024
05/24
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. ♪ katie: i'm katie greifeld in new york. taking a look at markets on this tuesday. some early gains we woke up to are starting to fade. the s&p 500 trying to hold on to green territory, currently up .10 -- .1%. the nasdaq 100 dipping into the red, unchanged. the direction of travel is lower. the small-cap index, the relative outperformer today with a very thin margin. the russell 2000 higher by .3%. we will see how that shapes up over the next hour. the big story of the day, the sparkle coming off of the mouse house. disney shares slumping despite being profit estimates and raising guidance. the company reporting fewer subscribers to the disney plus streaming service and say the price hike isn't to blame. >> we took prices up in the beginning of the year and didn't really see much of an impact. as to what the future brings, we are very judicious with the way price. want to provide access to as many guests as we possibly can but we do believe that the great experiences we provide people are willing to pay for. katie: for more we are joined by bloomberg intelligence.
. ♪ katie: i'm katie greifeld in new york. taking a look at markets on this tuesday. some early gains we woke up to are starting to fade. the s&p 500 trying to hold on to green territory, currently up .10 -- .1%. the nasdaq 100 dipping into the red, unchanged. the direction of travel is lower. the small-cap index, the relative outperformer today with a very thin margin. the russell 2000 higher by .3%. we will see how that shapes up over the next hour. the big story of the day, the sparkle...
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Jan 29, 2024
01/24
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. >> i'm katie grefeld in new york. take a look 59 these markets, and we're in the green, but just barely. the s&p only up about a tenth of a percent. same thing, too, if you look at big tech with the nasdaq 100 also up about a tenth of a percent. all the while, you take a look 59 volatility as measured by the v.i.x. we are rising slightly. it feels like we haven't seen that in a while. we're still below 14. that's 14 handle, but we're getting closer. we'll see if we get there in the next few days, because this week five of the big tech companies combined with a combined potentially in dollars of market value set to report in the coming days. name some names here, microsoft and alphabet kick off earnings on tuesday. then we're followed by meta and amazon and apple on thursday. joining us now to help break it all down is mandy singh of bloomberg intense. we're talking about five of the magnificent seven. you think about what we heard from tesla last week wasn't so magnificent, i think it's fair to say. how are you expect
. >> i'm katie grefeld in new york. take a look 59 these markets, and we're in the green, but just barely. the s&p only up about a tenth of a percent. same thing, too, if you look at big tech with the nasdaq 100 also up about a tenth of a percent. all the while, you take a look 59 volatility as measured by the v.i.x. we are rising slightly. it feels like we haven't seen that in a while. we're still below 14. that's 14 handle, but we're getting closer. we'll see if we get there in the...
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Feb 21, 2024
02/24
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katie: welcome to "bloomberg markets." you take a look at these markets right now, and we're looking at a down day. the s&p 500 currently off by about .2%. and then the story gets worse from there. you take a look at the nasdaq 100, currently off about .7%. and then finally, i make my way to the philadelphia semiconductor index, currently off by more than 1%. that's as we await those nvidia earnings after the bell today. nvidia down in expectation, but that's after it's up 40% this year already. and like i said, goldman sachs called it "the most important stock on earth." and we have wall street waiting with bated breath for their earnings after the bell today. investors really looking to see if the company can hit the sky-high expectations it's facing. joining us now to help break it down is mandeep sinning of blood vessel intelligence. when you look at what's going on in the stock, is there any way that the fundamentals can match? mandeep: i mean, for the last few quarters, we have seen what they have done in terms of th
katie: welcome to "bloomberg markets." you take a look at these markets right now, and we're looking at a down day. the s&p 500 currently off by about .2%. and then the story gets worse from there. you take a look at the nasdaq 100, currently off about .7%. and then finally, i make my way to the philadelphia semiconductor index, currently off by more than 1%. that's as we await those nvidia earnings after the bell today. nvidia down in expectation, but that's after it's up 40%...
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Feb 26, 2024
02/24
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katie: absolutely. whether it is geopolitical or the weather, it feels like the supply chain can never truly get organized. you mentioned supply and demand. i want to talk about those dynamics when it comes to corn. u.s. farmers just harvested a record crop. truly astonishing. they do not want to sell because of the prices. how do you trade around that? >> we and ethanol producer in the united states. with north american customers, that business goes on regularly. the domestic flow of grains is steady in the united states and we are ac tat. the u.s. trade export on corn has declined with the brazilians taking a share of that market now. katie: what do you think will finally be the catalyst for them to sell meaningfully? is it getting to a certain price on corn or some other factor? >> we have seen a reset in prices the last couple of months. farmers at the time of harvest were seeing good crops. they will need to come to market with grains at lower levels than they benefited from the last two years. thi
katie: absolutely. whether it is geopolitical or the weather, it feels like the supply chain can never truly get organized. you mentioned supply and demand. i want to talk about those dynamics when it comes to corn. u.s. farmers just harvested a record crop. truly astonishing. they do not want to sell because of the prices. how do you trade around that? >> we and ethanol producer in the united states. with north american customers, that business goes on regularly. the domestic flow of...
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May 31, 2024
05/24
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we will kick the tires in just a bit. ♪ katie: i'm katie greifeld, welcome to bloomberg markets on this friday. we see some fading enthusiasm on the board behind me. the s&p 500 is currently not changed. some of the gains are coming out now and more so if you look at the nasdaq. your big tech indexes sinking to end this week. we are seeing a rally in the bond market. the 10 year treasury yield is lower by 5-6 basis wanes. we are below 4.5% but that's not helping big tech. let's talk about the pce figures. the fed's preferred measure of u.s. inflation is moderating in april. michael mckee has the details. you've had 90 minutes to go through the details, what was behind we saw in april? mike: we saw some of the areas we expected to see get some disinflation back including used cars and housing but not by very much. it was a moderate victory for the anti-inflation crowd with pce falling 0.2% for the core and 0.3% rising. no changes year-over-year. we saw a slowdown in spending which went from 0.7% in march 20 point 2% in april and incomes did not rise as fast as they have been, led by wage
we will kick the tires in just a bit. ♪ katie: i'm katie greifeld, welcome to bloomberg markets on this friday. we see some fading enthusiasm on the board behind me. the s&p 500 is currently not changed. some of the gains are coming out now and more so if you look at the nasdaq. your big tech indexes sinking to end this week. we are seeing a rally in the bond market. the 10 year treasury yield is lower by 5-6 basis wanes. we are below 4.5% but that's not helping big tech. let's talk about...
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Feb 21, 2024
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katie: welcome to bloomberg markets. i'm katie greifeld. it's time for the stocks of the hour. shares of etsy and wayfair lower earnings today and tomorrow respectively following muted outlooks from retailers reporting this week including walmart and home depot. joining us to help break it down is stacey widlitz president of sw retail advisors joining me on set to discuss. let's start with walmart. i think everybody heard the cfo say that consumers are being choice for in spending -- choiceful in spending, still spending but may be trading down three that seems to be good news for walmart. what is it mean for some of its competitors? stacey: not only are current customers for walmart trading down but they are getting the wealthier customer. larl in grocery it's coming from wealthier people may be over $100,000. perhaps that is taking a little from target. if you buy food at walmart you will probably by other things there as well. but absolutely consumers are very value-oriented still looking for bargains, particularly, as food inflation, wh
katie: welcome to bloomberg markets. i'm katie greifeld. it's time for the stocks of the hour. shares of etsy and wayfair lower earnings today and tomorrow respectively following muted outlooks from retailers reporting this week including walmart and home depot. joining us to help break it down is stacey widlitz president of sw retail advisors joining me on set to discuss. let's start with walmart. i think everybody heard the cfo say that consumers are being choice for in spending -- choiceful...
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Apr 17, 2024
04/24
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katie: you talked about investors. where are you right now when it comes to expanding your business? you have 40 employees or so are you trying to raise more money? marshall: we are. we are releasing a newer product that bridges the gap between oil and fuel-based heating to electrified heating in a manner that works how the building operates and transitions. katie: we spend a lot of time on codices but what other products do you have currently? marshall: one of the things -- i am an enormous nerd and environmentalist and i care about decarbonizing everything but especially buildings. there are significant barriers to electrification's. in europe. if i have a furnace or boiler and i won't do anything with it until it dies. it usually dies in the winter and people almost always replace it with the same system. how do you do that in new york city where they have a hundred families that they have to keep heated? we employ a low-cost heat pump without waiting for the motor to die in the technology and installation is paid f
katie: you talked about investors. where are you right now when it comes to expanding your business? you have 40 employees or so are you trying to raise more money? marshall: we are. we are releasing a newer product that bridges the gap between oil and fuel-based heating to electrified heating in a manner that works how the building operates and transitions. katie: we spend a lot of time on codices but what other products do you have currently? marshall: one of the things -- i am an enormous...
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May 8, 2024
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katie: there you go. what is the ramp up into mother's day look like in terms of how you are managing inventory and what you are marketing? how do you capitalize on that moment? >> inventory is a fun game when you deal with perishable products. we have an end to end 12 day cycle to get the product in country and get it to the fulfillment centers and get it to our customers. we intend to ship 13 million stems this mother's day weekend. that will give you some perspective on what the scale up looks like four business our size. the ramp up starts and we plan months and months in advance and wait for the week to arrive and it's here and we are in it. katie: so let's talk about inventory more. i understand it's been a tricky subject and it sounds like it always is but especially when you think about the extreme weather patterns we've had with droughts in california. you think about rain in south africa. how is that translated into your business and the supply of flowers? >> south america where we import flower
katie: there you go. what is the ramp up into mother's day look like in terms of how you are managing inventory and what you are marketing? how do you capitalize on that moment? >> inventory is a fun game when you deal with perishable products. we have an end to end 12 day cycle to get the product in country and get it to the fulfillment centers and get it to our customers. we intend to ship 13 million stems this mother's day weekend. that will give you some perspective on what the scale...
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Apr 24, 2024
04/24
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katie: a lot to work through. you mentioned spirit. we heard from dave calhoun earlier this morning saying that the spirit aerosystems deal it's still on. is that the right move forward? sheila: i think it is. they are fix ago lot. the new c.e.o. has done a lot to fix spirit. one of the -- one of our suggestions is if you do take spirit in house, there needs to be a green field or big automation overhall at spirit. we estimate that will cost boeing 2003 $1 billion to $1.5 billion. in addition to spirit's takeout price. it's not just taking spirit in house. it's giving it -- eating cap x to automated systems. katie: when it comes to boeing we have been referring to the new c.e.o. all the new c.e.o. will have to do. we don't know who that is. we know that david calhoun is stepping down at the end of the year. had you a note out where you had a list of recommendations that you would give whoever the new c.e.o. is. after hearing what we heard this morning, what advice would be first on your list to the new c.e.o.? sheila: the first is walk
katie: a lot to work through. you mentioned spirit. we heard from dave calhoun earlier this morning saying that the spirit aerosystems deal it's still on. is that the right move forward? sheila: i think it is. they are fix ago lot. the new c.e.o. has done a lot to fix spirit. one of the -- one of our suggestions is if you do take spirit in house, there needs to be a green field or big automation overhall at spirit. we estimate that will cost boeing 2003 $1 billion to $1.5 billion. in addition...
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Mar 26, 2024
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katie: this is bloomberg markets. i am katie greifeld. a major commuter bridge collapse in baltimore early this morning after being struck by a container ship. it will certainly disrupt the supply chain, and perhaps, the economy. joining us now is rbc economist claire fan. obviously this is an early, very fluid situation that is still developing. when you look at this key bridge, this access point to the port of baltimore being taken down, what could it mean in terms of the ripple effects for the supply chain? claire: absolutely. near term, to recap a little bit, throughout 21-2022 we have only heard good news about global supply chains starting from this year with attacks at the red sea. today the unfortunate news of the collapse of the bridge will obviously bring tremendous pressure to the supply chain. one thing to consider here is our, that is, as well, globally speaking. container ships have a lot of added capacity. that adds more flexibility in terms of rerouting options. of course, whether there are options in this specific case, t
katie: this is bloomberg markets. i am katie greifeld. a major commuter bridge collapse in baltimore early this morning after being struck by a container ship. it will certainly disrupt the supply chain, and perhaps, the economy. joining us now is rbc economist claire fan. obviously this is an early, very fluid situation that is still developing. when you look at this key bridge, this access point to the port of baltimore being taken down, what could it mean in terms of the ripple effects for...
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Feb 8, 2024
02/24
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katie: a lot of look forward there. if i was looking to get upset and worried about something in this report where would i find it if at all? >> when we unpack the earnings and offer up the positive which were a lot. i don't want to take anything away. they found a few things not about getting worried but keeping in mind. one thing is when we look at the quarter beat, most of the growth was driven from china revenues. that something to keep in mind. second when we look from the licensing, this is not something they expect to continue with this fund rate. licensing will always be lumpy. when you see a lot more licensing for sign-ups currently. you expect some sort of decline sometime next year. those of the two things people need to pace themselves. >> really appreciate you waking up for us on the west coast. let's bring back into this conversation the chief market strategist, you have the arms of the world surging. and then you have snap for example tumbling 30 5% just about yesterday on the heels and we talked about th
katie: a lot of look forward there. if i was looking to get upset and worried about something in this report where would i find it if at all? >> when we unpack the earnings and offer up the positive which were a lot. i don't want to take anything away. they found a few things not about getting worried but keeping in mind. one thing is when we look at the quarter beat, most of the growth was driven from china revenues. that something to keep in mind. second when we look from the licensing,...
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Feb 23, 2024
02/24
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katie: katie: luxury katie: -- katie: luxury eeev maker lotus trading on the market today. joining us now for four from the nasdaq is elected -- is alexious lee. great to have you with us. let's talk about timing because lotus tech has been looking to go public since at least early 2022. why now? alexious: good morning. thanks for having us today. lotus right now is 80 years old. we are in a good position. we have developed more cars. we think we are in a unique position where we are early movers in this space. we have made a commitment to do full electrification and the listing will enable us to execute our strategy and fulfill our commitments to shareholders and investors. katie: when it comes to going public in 2024 versus 2023 or 2022, is there anything we can extrapolate their from this is lotus tech's thinking on the public market appetite and appetite for ipo's? alexious: we have raised $880 million from this transaction. it's a sign of confidence from investors that the lotus brand is well as an early mover in a segment of the ev market. if you look at the results o
katie: katie: luxury katie: -- katie: luxury eeev maker lotus trading on the market today. joining us now for four from the nasdaq is elected -- is alexious lee. great to have you with us. let's talk about timing because lotus tech has been looking to go public since at least early 2022. why now? alexious: good morning. thanks for having us today. lotus right now is 80 years old. we are in a good position. we have developed more cars. we think we are in a unique position where we are early...
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Mar 18, 2024
03/24
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katie: alphabet shares are soaring. is this a situation where google could partner with multiple companies? alex: we don't know, is the honest answer. it would seem unlikely, that would be a bit complicated. the fact is that my production at least would be that if you say, hey, siri, you will then interact with an engine that is at least partially powered by gemini. that gives google an incredibly strong position, because it is of course the main competitor to apple in mobile device operating systems through android. most mobile phones, if not all mobile phones, with therefore in this circumstance have an ai interface powered by gemini. manus: output -- katie: before i let you go, let's talk about nvidia. the gpu tech conference kicking off in san jose. tell us about what we are expecting and what's being called the woodstock of ai. alex: this is about the next generation of chips that nvidia is going to unveil. the eight 100 is the existing model and they are moving towards likely the be 100, which could be twice as ef
katie: alphabet shares are soaring. is this a situation where google could partner with multiple companies? alex: we don't know, is the honest answer. it would seem unlikely, that would be a bit complicated. the fact is that my production at least would be that if you say, hey, siri, you will then interact with an engine that is at least partially powered by gemini. that gives google an incredibly strong position, because it is of course the main competitor to apple in mobile device operating...
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Jan 25, 2024
01/24
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katie: you are sticking with us. let's get a check on what is moving in these markets with bailey lipschultz. what have you got? billy: with american airlines, we are seeing a big rally across playmakers. boeing is under pressure. analysts were expecting 2.22, so the upper end of the range is above what wall street was looking for, talking of strength expectations. really calling out strength in international travel. we are seeing people flowing around the world. i don't know if you have any international plants on the horizon, but we are seeing american air up. katie: it seems that has been the theme for a while, this bid for international travel. it does not seem like that is making a dent in these american airline numbers. billy: they are throwing boeing under the bus, but rightfully so. katie: let's talk about international business machines, ibm. billy: analysts playing up that this is an underappreciated ai play. a 12% jump, the biggest jump since october 2002. i don't know what you were doing in 2002. i was no
katie: you are sticking with us. let's get a check on what is moving in these markets with bailey lipschultz. what have you got? billy: with american airlines, we are seeing a big rally across playmakers. boeing is under pressure. analysts were expecting 2.22, so the upper end of the range is above what wall street was looking for, talking of strength expectations. really calling out strength in international travel. we are seeing people flowing around the world. i don't know if you have any...