Bloomberg Intelligence

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Hosts: Paul Sweeney and Alix SteelOn this podcast:Michael Shah, Bloomberg Intelligence Senior Pharma-Biotech Analyst, discusses Pfizer terminating development of its obesity pill.George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, talks about China ordering its airlines to stop taking deliveries of Boeing jets. Deborah Aitken, Bloomberg Intelligence Luxury Goods Analyst, discusses LVMH earnings. David Welch, Bloomberg Detroit Bureau Chief, discusses the Bloomberg Big Take story: “GM and Its Eight-Year, $35 Billion EV Bet Brace for Tariff Hit.” Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, talks about news that Elliott Investment Management is said to have built a position in H-P-E worth more than $1.5 billion. Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, talks about Intel agreeing to sell a 51% stake in its programmable chips unit ‘Altera’ to Silver Lake Management.Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech, discusses the latest news on Apple.Bloomberg Intelligence, the research arm of Bloomberg L.P., has more than 400 professionals who provide in-depth analysis on more than 2,000 companies and 135 industries while considering strategic, equity and credit perspectives. BI also provides interactive data from over 500 independent contributors. It is available exclusively for Bloomberg Terminal subscribers.See omnystudio.com/listener for privacy information.

A recent federal ruling found Google guilty of monopolizing online advertising tech, stirring debates on market competition and tech giants' futures. The discussion shifts to UnitedHealth Group, facing rising medical costs and its first earnings miss in over a decade, impacting the entire insurance sector. Additionally, tensions rise with Trump criticizing Fed Chair Powell and the Fed's approach amid global monetary dynamics, while the European Central Bank adjusts its interest rates, highlighting a complex interplay in financial markets.

The podcast dives into the fallout from new U.S. export restrictions on semiconductor companies, notably affecting Nvidia and AMD as they face significant financial repercussions. There’s a lively discussion about how these trade tensions with China impact the global tech landscape. The episode also addresses Harvard's legal confrontation with the Trump administration over a funding freeze. Additionally, the economic effects of tariffs are explored, highlighting Congress's concerns about potential job losses and their implications for future elections.

In this engaging discussion, Alison Williams, a Senior Analyst at Bloomberg Intelligence specializing in global banks, unpacks the latest on U.S. bank earnings, highlighting a record quarter for Bank of America fueled by market volatility. Citigroup also shows promise, inching closer to profitability amidst rising consumer credit. The conversation touches on the broader implications of economic uncertainty and regulatory challenges that could shape the future for these financial giants.

Alison Williams, a Senior Analyst at Bloomberg Intelligence specializing in global banks and asset management, shares insights on Goldman Sachs' record-high trading revenues fueled by market volatility. She discusses how economic uncertainties affect financial markets and employment trends on Wall Street. Additionally, the podcast highlights Intel's sale of a 51% stake in its Altera unit and explores the implications of such strategic moves in the tech industry while keeping an eye on evolving trends in pharmaceuticals and obesity medications.

Dive into the financial world as experts analyze Delta Airlines’ uncertain earnings amid fierce competition. Discover how Constellation Brands is navigating challenges from tariffs and shifting consumer tastes. Hear insights on clean energy and the effects of Washington policies. Explore the transformative potential of AI in business operations. Delve into the implications of recent healthcare policies on drug manufacturers and the changing landscape of ESG commitments among major banks.

Alison Williams, a senior analyst at Bloomberg Intelligence, dives into the surprising shifts in U.S. bank earnings amid market chaos. She reveals how JPMorgan Chase capitalized on trading volatility for record gains while Morgan Stanley also exceeded expectations. However, Wells Fargo fell short, struggling with soft loan demand. The discussion also touches on how foreign investment behaviors and economic uncertainties are reshaping the landscape of U.S. Treasuries and banking.

Michael McKee, Bloomberg's International Economics and Policy Correspondent, shares his insights on the latest U.S. CPI data, revealing a broad cooling of inflation that may offer consumers a brief respite. However, rising U.S.-China trade tensions are causing significant anxiety on Wall Street, leading to a drop in stocks, the dollar, and oil prices. The discussion also touches on the implications of ongoing tariffs for corporate earnings and economic growth, highlighting the complex environment investors must navigate.

Kristina Hooper, Chief Global Markets Strategist at Invesco, shares her sharp insights on current market trends and tariff impacts. The discussion centers around Amazon's strategic cancellation of inventory orders from China to mitigate tariff exposure, suggesting significant ripples in trade relations. Hooper analyzes the broader implications on the markets, comparing the current uncertainty to the early days of COVID-19. She emphasizes the importance of adaptive strategies for investors in this volatile landscape.

Explore the latest market trends with insights into Delta's mixed earnings and the struggling pharmaceutical sector, featuring ABBV and GILD. Discover how Walmart's stable guidance presents a silver lining amid widespread market bearishness. Stay ahead of the stock game in just five minutes!