Bloomberg Talks

Michael Saylor, Executive Chairman of MicroStrategy, champions Bitcoin as the future of treasury reserves and digital gold. He discusses the rise of Bitcoin Treasury Companies and how they're innovating financial instruments like Bitcoin-backed bonds. Saylor highlights the growing interest in converting from gold to Bitcoin as savvy investors seek higher yields. With new capital-raising strategies on the horizon, he asserts Bitcoin’s supremacy in the investment landscape, paving the way for sustainable financial solutions.

Stephen Miran, Chair of the White House Council of Economic Advisers, shares insights on the impact of tariffs during Trump's early administration. He discusses the record-setting $30 billion in tariff revenue and debunks myths linking tariffs to inflation. The conversation also highlights how small businesses are coping with rising costs and how new tariffs on semiconductors aim to boost U.S. manufacturing. Miran also touches on potential candidates for Federal Reserve leadership and the integration of industrial AI into economic strategies.

DraftKings CEO Jason Robins reveals the company's record-setting second quarter, showcasing a surge in shares and revenues. The discussion dives into how technology and AI are reshaping sports betting, enhancing efficiency in decision-making. Robins also highlights the importance of balancing growth with financial stability amidst regulatory challenges, emphasizing the role of self-funding through AI innovations. As major sports seasons loom, insights into future consumer attraction strategies are also shared.

David Risher discusses Lyft's record-breaking rides and the strategies behind this growth. He highlights the company's focus on customer satisfaction and innovative partnerships. The talk dives into strategic alliances in the autonomous vehicle sector, notably with May Mobility and Baidu. Risher also addresses the merger plans with FreeNow in Europe and examines the resilience of U.S. consumers in the ride-hailing market, revealing how Lyft navigates challenges while maintaining strong performance.

Jason Kim reveals Firefly Aerospace's bold move to go public after overcoming bankruptcy. The company is making waves with its successful lunar missions and innovative rocket technology. They aim to raise $868 million to enhance capacity in a competitive launch market. The discussion covers the strategic importance of national security and lunar exploration. Additionally, advancements like the Alpha rocket showcase their commitment to fulfilling market demands and supporting both commercial and tactical space missions.

Hyatt's CEO reveals a significant profit prediction for 2025, ramping up from earlier forecasts. The discussion dives into the impact of tariffs and a changing economic landscape on the hospitality industry. Unique travel trends emerge, showcasing a growing preference for luxury spots in Europe and vibrant destinations in Latin America and the Caribbean. There's also a glimpse into how Canadian travelers are reshaping their vacation choices, favoring tropical getaways over U.S. destinations.

Lisa Su, CEO of Advanced Micro Devices, has led the company to excel in high-performance computing and AI products. In a candid discussion, she shares insights on AMD's solid revenue growth in data centers and gaming. However, concerns about the Chinese market loom large, affecting potential sales. Su highlights the promising future of AI accelerators and the competitive landscape in AI computing, particularly against rivals like NVIDIA. She also touches on AMD's strategy for future dominance in gaming and the importance of strong partnerships.

Mike Wilson, Chief US Equity Strategist at Morgan Stanley, shares his bullish outlook for the market heading into 2026. He discusses the dramatic influence of technology and AI on consumer behavior and market dynamics. Wilson analyzes current economic uncertainties and sector opportunities, while emphasizing the importance of earnings revisions. The conversation also dives into the impact of the AI cycle on stock performance, spotlighting key players and the implications of a weaker dollar on market evaluation.

Douglas Holtz-Eiken dives into the shifting landscape of Republican labor economics, contrasting traditional views with Trump's modern approach. He tackles the integrity of jobs data amid claims of manipulation, stressing the need for accurate metrics. The discussion also navigates the stagnation of the labor market, highlighting job losses and the Federal Reserve's challenges in fostering growth while controlling inflation. Finally, the economic impact of tariffs is examined, revealing how they may elevate taxes, inflate prices, and suppress consumer purchasing power.

James Talarico, a Democratic Texas State Representative, dives into the heated issue of redistricting in Texas, spurred by efforts from the GOP to reshape congressional maps favorably. He discusses the bold strategy of Democrats leaving the state to block these initiatives and emphasizes the implications for voting rights. Talarico also addresses the alarming trends of authoritarian tactics in Texas politics, calling for civil disobedience and mobilization among citizens to safeguard democratic values.