Bloomberg News and Videos — Page 148

General Motors CFO Paul Jacobson discusses second-quarter earnings that topped estimates and saw the automaker raise its full-year profit forecast by another $500 million. Jacobson also discusses product demand and managing tariff and inflationary pressures on "Bloomberg Surveillance."

The UK is hosting the Farnborough International Air Show, a key gathering of leaders in the aerospace industry. Wes Streeting, the new UK Defence Secretary, is in charge of delivering Britain's recent Defence Investment Plan as part of which the UK government has set aside an additional £3.2bn for space capabilities. But how well prepared are the UK and its allies to operate in the warfighting domain of the future? Robert Lightfoot, President of Lockheed Martin Space, joins Caroline Hepker and James Woolcock on Bloomberg Radio to discuss.

The US and Iran exchanged strikes for a 10th consecutive day as the US targeted Iranian military command centers, launch sites, and air defenses overnight, and Iran attacked sites in Kuwait and Jordan. Tyler Kendall reports on Bloomberg Television.

Francisco Blanch, commodities and derivatives research head at BofA Securities, says the pain points in the global oil market are being shown in gasoline and diesel prices per barrel and discusses what a potential blockade of the Red Sea can mean for the global market.

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, explains why he expects tech earnings to drive the next round of market gains.

Taiwan Semiconductor Manufacturing Co. has discussed price increases with clients of as much as 10% for chips in 2027 to cover the rising cost of manufacturing materials, the Nikkei reported. Matthew Bloxham of Bloomberg Intelligence has more.

Anna Edwards, Tom Mackenzie and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Max Kettner, chief multi-asset strategist at HSBC, discusses the outlook for equities and potential risks to his "max bullish" stance. "Ahead of the midterms, after the earnings season, in a month, month and a half, I think that's probably the time where you want to take a little bit of your foot off the gas," Kettner tells Bloomberg Television.

The Bureau of Meteorology has declared a "very strong" El Nino, warning it could be the most severe in decades. Fitch Ratings says Australia's utilities and agriculture sectors are among the most exposed, with hotter and drier conditions set to strain water supplies, lift electricity demand, and heighten bushfire risk. Fitch's Director for APAC Corporates Bruce Li, joins "Bloomberg: The Asia Trade" to discuss the implications for Australian firms.

PIMCO Global Economic Advisor and Former Fed Vice Chair Richard Clarida expects the US Federal Reserve to be on a 'wait and see' mode when it comes to interest rate direction this year, given the Iran war and inflation dynamics in the US. He speaks with Paul Allen on "Insight with Haslinda Amin."