Rithm Capital Chairman and CEO Michael Nierenberg speaks with Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close' on the company's most recent earnings, as well as looking to the future both in the real estate outlook and overall growth for the company.
Dushyant Shahrawat, Bloomberg Intelligence Crypto & Assets Analyst, says crypto it here to stay and promises to change the way financial products are manufactured. He argues that just like we got used to trusting software and AI, the financial world will do the same with cryptocurrencies, and that the increased use of platforms like Venmo was just the first step.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec.
Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Bitcoin was left out of the newly announced crypto index from S&P and Pantera Capital.
Bloomberg Intelligences Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Bitcoin was left out of the newly announced crypto index from S&P and Pantera Capital.
Rebeca Romero Rainey, president and CEO of the Independent Community Bankers of America, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss her group's concerns about the current form of the Clarity Act legislation.
Ford Motor Co. posted earnings ahead of Wall Street estimates and raised its outlook for the second time this year on higher prices and strong sales of high-margin sport-utility vehicles. Erin Keating, Cox automotive executive analyst, says some brands are continuing to cater to customers that want mid-size SUVs, but in the US, there are plenty of buyers for more expensive full-size pickups and SUVs. She speaks on "Bloomberg The Close."
United Parcel Service CEO Carol Tomé says the Amazon glide down "is behind us." The shipping company has been delivering fewer low-margin packages for Amazon. UPS shares fell after its outlook for volume and profit margins underwhelmed investors. Tomé speaks on "Bloomberg The Close."
Tejpaul Bhatia, the CEO of Nebex, said that his company, which is aimed at building a financial operating system for the space industry, saw an economic gap in the growth of space travel as more money is put into the growth of the commercial space industry. Bhatia compared the potential of a space economy to the role of American Express and Wells Fargo at the beginning of the railroad industry.
NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in 'danger territory' when it comes to debt, but does not see a concern for larger companies. He speaks with Emily Graffeo and Romaine Bostick on 'The Close.'
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