Bloomberg Intelligence
Robinhood Unveils Credit Card, Carnival Earnings
Mar 27, 2024
Robinhood CEO Vlad Tenev discusses new credit card. Bloomberg analysts dissect Carnival earnings and UBS loan sale to Apollo. Legal reporter talks Trump's wealth and cash challenges.
44:00
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Quick takeaways
- Robinhood introduces a new credit card, UBS to sell $8 Billion loans to Apollo, Carnival earnings breakdown
- Reinsurers could face claims from Baltimore bridge collapse, Donald Trump's wealth rises but faces cash flow challenges
Deep dives
Trump's Wealth and Cash Flow
Donald Trump's wealth has skyrocketed to $7.2 billion, primarily due to his newly public media company, with real estate assets also contributing significantly. Despite this wealth on paper, Trump faces cash flow challenges, requiring him to pledge large sums for legal matters. He mentioned having over $400 million in cash but faces liquidity constraints.
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