Bloomberg Talks

Congressman Jake Ellzey dives into the economic fallout of tariffs and their role as negotiation tools during the Trump era. He discusses a tragic plane crash, emphasizing the risks of nighttime aviation near busy airports. The conversation also tackles vital issues of border security and immigration reform, including a proposed budget of $86 billion and the complexities of policies like mass deportations. Ellzey sheds light on the current administration's strategies for addressing illegal immigration, offering insights that resonate with ongoing national debates.

The CEO of HPE dives into the high-stakes legal battle over a $14 billion acquisition of Juniper Networks. He argues that the DOJ's stance on market competition misses the mark. The conversation also touches on antitrust issues, highlighting how major tech firms navigate regulatory scrutiny. National security implications are examined, especially regarding global competition, particularly with China. It's a fascinating intersection of technology, law, and strategy.

Nouriel Roubini, NYU Stern School of Business Professor Emeritus and Senior Advisor at Hudson Bay Capital, shares insights on the evolving landscape of AI and its economic implications. He argues that DeepSeek's AI disruptions could positively impact U.S. markets. Roubini highlights the stark realities of job displacement due to AI and anticipates that the U.S. will dictate global tech regulations. The discussion also touches on the geopolitical rivalry with China and the need for effective governance to navigate these changes.

Eugene Munster, Managing Partner/Co-Founder of Deepwater Asset Management, shares insights on Apple and Amazon's recent earnings. He discusses Apple's modest revenue outlook, challenges in the Chinese market, and ongoing efforts to diversify production. The conversation also highlights how AI is shaping Apple's latest products and enhancing user engagement. Additionally, Munster elaborates on the tech landscape, examining upcoming earnings from major players and the significant investment trends in artificial intelligence across the sector.

Andy Briggs, the CEO of Phoenix, the UK's largest retirement savings business, shares insights on the economic outlook and investment strategies for pension funds. He discusses how the UK government is prioritizing infrastructure and startup investments to spur growth. Briggs delves into the challenges surrounding major projects like Heathrow's third runway and the need for collaboration. He also highlights the Future Growth Capital initiative aimed at enhancing local investments, balancing business interests with government objectives.

The conversation dives into the shifting landscape of UK business confidence amid economic struggles. Shevaun Haviland shares her skepticism towards the government's budget and its impact on growth. Infrastructure projects are highlighted as crucial for enhancing business sentiment, particularly for SMEs. However, national insurance tax increases and other budget hurdles loom large, challenging the Chancellor's efforts to regain trust from the business community.

Ronan Harris, the EMEA President of Snap Inc., shares insights on the company's exciting plans for growth in the UK. He discusses the impact of Chancellor Rachel Reeves' economic policies on tech entrepreneurs and whether they are sufficient. Harris dives into the regulatory challenges facing social media, particularly around youth, and the need for balanced regulations. He emphasizes Snap's strategic focus on augmented reality and infrastructure investment while discussing talent competition in the UK's innovative sectors.

Mike Sievert, the dynamic CEO of T-Mobile, dives into the company's robust quarterly earnings and the strategy driving customer loyalty through initiatives like T-Mobile Tuesdays. He discusses their competitive edge in the wireless industry, with low churn rates and the impact of recent mergers. The spotlight shines on T-Mobile's innovative partnership with SpaceX to leverage Starlink for improved mobile connectivity in remote areas. Sievert also tackles pricing strategies, financial growth, and the exciting challenges of standing out in a rapidly evolving market.

Adena Friedman, the Chair and CEO of NASDAQ, shares insights on the anticipated rebound of the IPO market as interest rates and inflation stabilize. She discusses the transformative role of technology and AI in driving economic growth and innovation. Friedman emphasizes the need for updated regulations to enhance market efficiency and competitiveness. Additionally, she delves into NASDAQ's involvement in digital assets, focusing on the challenges and opportunities in cryptocurrency trading and the importance of investor protection.

Senator Dick Durbin discusses the tumultuous first week of the Trump administration, spotlighting the suspension of grant funding and its impact on community services. He delves into legal challenges arising from dismissals of inspectors general and the implications of Congressional oversight. The conversation shifts to immigration policies and their effect on U.S. industries, alongside critiques of leadership qualifications within the administration. Climate change dialogues also feature as part of the broader narrative around these policies.