Bloomberg News and Videos — Page 583

BMW said its profit margin will fall to as little as 1% this year as weakening Chinese demand and fallout from the Middle East conflict take a growing toll. The German automaker plans additional cost savings beyond those already announced. Danny Lee reports on Bloomberg Television.

Artificial Intelligence industry leaders including OpenAI's Sam Altman and Anthropic's Dario Amodei are set to attend the Group of Seven Summit in France on Wednesday. Oliver Crook reports from Evian.

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Sarvam AI has become India's latest AI unicorn after raising $234M from investors including HCL Tech, Bessemer, and Khosla Ventures. Co-founder, Pratyush Kumar, joined Paul Allen on Insight with Haslinda Amin t

Despite Zhipu being the hottest stock on the HSTECH Index this year, Felix Wang of Hedgeye Risk Management says the fair value for the stock on the short side is HK$407. He adds that Zhipu lacks pricing power, particularly after the release of DeepSeek's V4 model, which has triggered a price war among Chinese AI firms. He spoke on "Bloomberg: The China Show."

Iran is set to receive broad financial incentives as part of its agreement with the US, including the right to sell oil immediately, according to a final draft of the deal. Bloomberg's Abeer Abu Omar reports from Dubai.

Aisa Ogoshi of JPMorgan Asset Management says "risk obviously is in the tech trade" due to the market concentration. But she adds that "there's more upside to the tech trade" in terms of the AI data center supply chain. Ogoshi also discusses the outlook for the Bank of Japan.

Parash Jain, Global Head of Transport and Logistics at HSBC, says shipping companies remain in "wait-and-see" mode as the Strait of Hormuz edges closer to reopening under a US Iran agreement. He notes the next 40 50 days will be critical in determining whether more vessels can pass through, as de-mining operations are still underway. He does not expect significant movement in the short term. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".

Kalshi co-founder Tarek Mansour discusses the increased utilization of hedging at the Bloomberg Market Structure Conference.

US Senator Elizabeth Warren, a Massachusetts Democrat, says President Donald Trump "can't point to where we're better off" after the war in Iran. Speaking on "Balance of Power: Evening Edition," Senator Warren also discusses Defense Secretary Pete Hegseth's military budget request, her criticisms of Kevin Warsh as chair of the Federal Reserve, the state of housing and the SpaceX IPO.