Bloomberg Intelligence

The podcast dives into the FTC lawsuit against Live Nation, revealing how Ticketmaster allegedly profited from ticket bots. Micron's surprisingly low stock performance despite decent earnings raises eyebrows as AI and supply issues loom large. Pfizer's $4.9 billion acquisition of MetSera highlights their strategic pivot into obesity drugs. Furthermore, Jimmy Kimmel's return to late night brings up the financial struggles of the industry, while T-Mobile prepares for leadership changes amidst competitive dynamics. Starbucks faces restructuring with store closures.

George Ferguson, a Senior Aerospace, Defense & Airlines Analyst at Bloomberg Intelligence, provides insights into the implications of the FAA restoring Boeing's certification powers. He shares how this could enable Boeing to ramp up production rates and improve cash flow. The discussion also touches on the growing concerns over labor shortages in the aircraft industry, highlighting signs of recovery in supply chains and productivity. The conversation weaves through the complexities of TikTok's parent company profits under Trump's proposed deal, showcasing the intricate dance of business and regulation.

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Spencer Soper, Bloomberg Tech Reporter, discusses Amazon.com agreeing to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission. -  Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, discusses Starbucks saying it will close 1% of its stores in the US and Canada and cut 900 jobs as part of its turnaround plan.- Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Analyst, discusses CarMax reporting significant earnings per share and sales shortfalls for the second quarter.See omnystudio.com/listener for privacy information.

Micron's stock saw a drop despite exceeding revenue expectations, as investor sentiment was shaped by high anticipations. The discussion delves into the dynamics of AI-demand influencing high bandwidth memory, with an exploration of how memory cycles and pricing are reshaped by AI trends. In the media realm, Jimmy Kimmel's return to TV sparks talk about its cultural implications, while insights into the recent surge in U.S. new home sales raise questions about data reliability and the ongoing impact of mortgage rates on the housing market.

Seema Shah, Vice President of Research and Insights at Sensor Tower, shares her expertise on TikTok's booming engagement and revenue. The discussion covers the implications of President Trump's warning about Tylenol potentially linking to autism, despite lacking solid scientific backing. Seema highlights TikTok’s impressive in-app spending, with users engaging for about 80 minutes daily. She also reveals concerns about how separating the U.S. version from the global app could impact content quality and advertising value, while Instagram Reels could benefit from any user migration.

Sam Fazeli, Director of Research for Global Industries at Bloomberg Intelligence, unpacks Pfizer's ambitious $4.9 billion acquisition of Metsera, aimed at tapping into the booming obesity market. He compares Metsera's long-acting amylin analogs with existing GLP-1 treatments, highlighting efficacy and side effects. The discussion also touches on the impact of H-1B visa costs on pharmaceutical talent. With a deep dive into healthcare innovation, Fazeli’s insights paint a vivid picture of the evolving landscape in obesity treatment.

Damian Sassower, a Bloomberg Intelligence analyst and co-host of Business of Sports, dives into the booming global sports market, revealing it now stands at a staggering $2.65 trillion. He discusses increasing franchise valuations and the influx of institutional capital into sports teams. The conversation also touches on media rights, ticketing, and the burgeoning areas of esports and sports betting. Additionally, insights on industry earnings reports and the implications of six-month earnings proposals provide a thought-provoking backdrop.

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.

Nvidia's surprising $5 billion investment in Intel is explored, shedding light on strategic partnerships and the potential reshaping of the PC and AI landscape. The CEO of the Port of LA reveals record trade volumes but predicts a 10% drop due to tariffs and trade war uncertainties. Restaurant earnings are also discussed, highlighting Darden's innovative menu adjustments amid rising costs, while Cracker Barrel grapples with sales challenges following a controversial logo change. A mix of tech, trade, and dining insights keeps the conversation lively!

Mandeep Singh, Bloomberg Intelligence's Global Head of Technology Research, shares insights on China's directive to halt Nvidia chip purchases, revealing how this move impacts AI chip demand and TikTok's valuation. He discusses the broader effects on technology supply chains and monetization changes driven by AI. Additionally, he connects these developments to shifts in creator earnings and search strategies amid evolving geopolitical landscapes. It's a deep dive into the confluence of tech, policy, and market trends.