Bloomberg News and Videos — Page 138

Google's parent company Alphabet raised the top end of its CapEx plan for this year to $205 billion, but discipline on spending is becoming a concern. Eric Sheridan, Goldman Sachs co-business unit leader of its Technology, Media and Telecommunications Group in global investment research, says Alphabet is well positioned to benefit from the growing demand for AI across both consumer and enterprise markets. He joins Ed Ludlow on "Bloomberg Tech."

IBM shares came under pressure after weaker-than-expected mainframe sales weighed on the company's outlook. CEO Arvind Krishna joins Bloomberg to explain why he sees the slowdown as temporary, how AI is reshaping enterprise technology spending, and why he's betting on quantum computing as IBM's next major growth engine. He speaks to Bloomberg's Ed Ludlow and Romaine Bostick on "Bloomberg Tech."

US Treasury yields rose to their highest levels of the year as the threat of escalation in the Iran war sent oil prices higher and boosted bets that the Federal Reserve could raise interest rates as soon as next week. The yield on two-year notes, which are particularly sensitive to expectations for Fed policy, climbed on Thursday by about 6 basis points to around 4.36%, reaching the highest since early 2025. Charles Tan, CIO at American Century Investments, discusses fixed income crosscurrents and the Fed.

On this episode of Stock Movers: - American Airlines (AAL) shares are moving as it cut 2026 earnings guidance for the second time in three months amid persistently high fuel prices because of the war in Iran. - T-Mobile (TMUS) shares are falling after the telecom company reported second-quarter revenue that missed expectations. However, the report also showed Postpaid net accounts for the second quarter that beat the average analyst estimate. - Lockheed Martin (LMT) shares jumped after the military contractor raised its full-year outlook for earnings per share to a range above the average analyst estimate.

In this video, we explain how prediction markets work, why states and the Commodity Futures Trading Commission disagree over who has authority to regulate them, how courts have responded to the growing number of lawsuits, and why the answers could reshape the future of sports betting, event contracts, and prediction markets in the US. (Produced by Andrew Satter; Executive Producer Josh Block). Original filename: premarkbn.mxf

Applications for jobless benefits dropped by 22,000 to 187,000 for the week ending July 18. The estimate was for 215,000 applications. Claims are now at their lowest level since 1969. Bloomberg's Michael McKee has the numbers and how they could impact the Fed.

Cambodian Prime Minister Hun Manet pledged to step up a nationwide crackdown on transnational online scam networks. He said this in an exclusive conversation with Bloomberg's Avril Hong.

Alphabet Inc. boosted its projected capital expenditures for the year to a range of $195 billion to $205 billion, reigniting concerns about a lack of fiscal discipline in the race to dominate artificial intelligence. Mandeep Singh of Bloomberg Intelligence has more.

Wolfe Research Chief Economist Stephanie Roth joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss her outlook for inflation amid rising oil supply risks.

Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, explains why energy stocks are the only thing he has conviction in as a hedge against equity risks at this time. He also comments on what it would take to buy into US 10-Year Treasuries.