Drew Redding

Drew Redding, a U.S. Homebuilding Analyst at Bloomberg Intelligence, shares insights on Lennar's disappointing forecast, highlighting concerns about housing affordability and job market fluctuations. He explains the stagnation in existing-home sales as more households opt for renting. Meanwhile, James Walker, CEO of Nano Nuclear Energy, discusses the innovative microreactor technology, outlining plans for the Kronos project and strategies for commercialization, positioning nuclear energy as a solution for the future.

Drew Redding, a U.S. home building analyst at Bloomberg Intelligence, and Robert Lee, the firm's senior software analyst, dive into an array of pressing economic topics. They discuss the troubling state of the housing market, marked by declining sales and rising inventory, while also analyzing shifts in builder confidence. The conversation shifts globally, highlighting the significance of the upcoming Qatar Economic Forum and Baidu's struggles in the competitive AI space against giants like Tencent. Explore insights on U.S.-Gulf relations and the evolving landscape of technology.

Drew Redding, a U.S. home building analyst at Bloomberg Intelligence, shares vital insights into the U.S. housing market amidst declines in pending home sales and rising inventory. He discusses how home builders are adapting to affordability challenges. Meanwhile, Robert Lee, Senior Software Analyst, dives into Baidu's earnings, revealing its struggles in the competitive AI landscape, particularly against giants like Tencent and Alibaba. Both guests shed light on the implications of these trends for consumers and investors.

Drew Redding, a U.S. home building analyst at Bloomberg Intelligence, dives into the effects of lumber and cabinet tariffs on construction costs, estimating a $10,000 increase per home. He discusses the strain on smaller builders and the long road to self-sufficiency in lumber production. The conversation also touches on the implications of Pfizer's recent $70 billion deal on drug pricing and the complexities of the Nobel Prize process, including past controversies and the representation issues in science prizes.

Drew Redding, a U.S. home building analyst at Bloomberg Intelligence, shares insights into the challenges facing home buyers amidst rising prices and mortgage rates. Robert Lee, Senior Software Analyst, discusses Baidu's struggles in the AI sector and its competition with giants like Tencent. The conversation also highlights the emerging economic opportunities at the Qatar Economic Forum, where discussions on diversifying investments away from hydrocarbons take center stage. Both guests provide a glimpse into shifting dynamics in U.S.-Gulf relations and consumer behavior in retail.