Bloomberg News and Videos — Page 821

Kamal Sharma, G-10 FX strategy director at Bank of America, discusses the dollar's status as a safe haven as some banks are declaring the war-driven haven rally is likely over. He speaks on Bloomberg Television.

Christian Mueller-Glissmann, head of asset allocation research at Goldman Sachs, discusses the equities rally, the impact of US-Iran de-escalation on sentiment, and whether the markets recovery is sustainable. "I think we need central banks to shift back to a bit to where we were before," Mueller-Glissmann tells Bloomberg Television. "We need the rates relief to come in."

Netflix gave a forecast for the second quarter that fell short of analysts' expectations, sending the shares tumbling in extended trading. The results are the first since Netflix walked away from a contentious battle for control of Warner Bros. in February. The streaming pioneer also announced that Chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests. Bloomberg's Neil Campling reports.

Morgan Stanley analyst Rajeev Sibal tells Bloomberg TV that global equity markets have not fully absorbed the impact of the energy shock stemming from the disruption in the Strait of Hormuz, advising that the situation may weigh on growth sentiment.

Alex Vynokur, Founder & CEO of Australia's second largest ETF provider Betashares, says strong retail participation and adoption by independent financial advisors have helped the country's ETF sector grow. He speaks on ETF IQ Asia.

IG International's Fabien Yip says that while the stock market "is striking new highs," it's important for investors to "look under the hood" as some corporate earnings and news "could potentially give a shock to the rally that we're seeing."

Australian Treasurer Jim Chalmers tells Bloomberg TV that the global economy faces a "really dangerous moment" as the Middle East conflict threatens to accelerate inflation and drag on activity.

President Donald Trump says the US and Iran could clinch a permanent ceasefire, with talks between Washington and Tehran possibly resuming this weekend. Bloomberg's Laura Davison breaks down the latest.

Elon Musk's lieutenants have reached out to chip industry suppliers including Applied Materials Inc., Tokyo Electron Ltd. and Lam Research Corp. for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips.  Staff working for the joint venture between Tesla Inc. and SpaceX have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they've contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to be named disclosing private discussions. Bloomberg's Ed Ludlow joins to discuss.

EDO President & CEO Kevin Krim discusses Netflix's big push into broadcasting live events, especially live sports, referring to them as 'the engine that powers the whole ecosystem.' He talks with Romaine Bostick and Katie Greifeld on "The Close."