The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East. Bloomberg's Abeer Abu Omar has the latest.
Craig Beattie, CFO of commerical property firm HongKong Land, discusses the company's 11% rise in underlying profit for the first six months of the year, and discusses its outlook and strategy for growth. He speaks exclusively with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Sanjeev Rana, head of research at CLSA Securities Korea, believes Hynix's earnings miss was the result of a weak product mix in the second quarter, and he expects "sequential earnings improvement." Meanwhile, KB Financial Group Global Investment Strategist Peter Kim shares his takes on the underlying trends driving the selloff in AI stocks.
As prediction market giants like Kalshi and Polymarket begin offering perpetual futures trading with CFTC approval, other investment platforms are looking to expand their offerings. CME Group is launching single-stock futures, allowing investors to hedge or speculate on more than 50 of the largest US companies. The contracts, offering leverage without the complexity of options, will be cash-settled on the closing price of the stocks they're tied to. FIA CEO Walt Lukken joins Bloomberg Businessweek Daily to discuss the launch of these investment products, why he says prediction market "disruption" is good for building out best regulatory practices for the industry, and more. Lukken speaks with Carol Massar and Tim Stenovec.
Brixmor Property Group reported upbeat second quarter sales this week, seeing strong leasing spreads, record small shop occupancy, and more. Analysts from Evercore ISI and Stifel raised their forecasts on the company after earnings results. CEO Brian Finnegan joins Bloomberg Businessweek Daily to discuss, saying consumer traffic remains high, up around 10% since pre-COVID, which equates to strong tenant growth as well. He also discusses the state of consumer spending, the benefits seen by Brixmor's open-air shopping center locations, and more. Finnegan speaks with Carol Massar and Tim Stenovec.
SK Hynix Inc.'s quarterly profit rose 557%, but missed expectations, fueling fears that an AI boom that has propelled the semiconductor industry may be decelerating. Bloomberg's Mark Cranfield and Anthony Stephens share their insights.
UPS CEO Carol Tomé sees a positive future for the company ahead in large part to the restructuring of priorities away from Amazon delivery, and upgrades to their digital platforms and infrastructure. She speaks to Romaine Bostick on Bloomberg's 'The Close.'
XRC Ventures Founder & Managing Partner Pano Anthos understands the scale of the issue of AI governance with the insurance industry dropping or excluding AI risk, as companies struggle to manage their internal architectures against outside programs. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'
TCBY Executive Director Richard Screnci believes there is a place for consumers to watch their health and enjoy eating sweet treats at the same time, as the company looks for more growth opportunities both domestically and abroad. He speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'
Barnes and Noble CEO James Daunt is seeing a tremendous resurgence in the business as consumers return to a love of physical book stores, with more to offer like vinyl records and in-store cafes. He also attributes blockbuster Hollywood successes such as 'The Odyssey' being a driving force for Gen Z and older to read more. He speaks with Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'
