Bloomberg News and Videos — Page 835

KBW CEO Thomas Michaud discusses how economic resilience is leaving banks well-positioned and the potential impact from the war in Iran. He speaks on "Bloomberg The Close."

SpaceX, Anthropic, and OpenAI are among the high-valuation companies expected to go public in the coming months. But Peter Singlehurst, head of the private companies team at Baillie Gifford, says public market investors have already missed out on a lot of growth. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Goldman Sachs Group Inc.'s surprise drop in bond- and rates-trading revenue cast a shadow over another record quarter from the bank's equities team, prompting Chief Executive Officer David Solomon to point the finger at analysts for setting the bar so high. Bloomberg's Todd Gillespie.

Zoetis CEO Kristin Peck discusses animal health innovation, the 'incredibly resilient' animal health industry, and how AI is transforming health care. She talks with Katie Greifeld and Isabelle Lee on "The Close."

Iran has not been negotiating with the US in good faith and he says the US won't leave without Iran's highly enriched uranium that can be used to build a nuclear bomb. He speaks on "Bloomberg The Close."

Rochefort Co-CEO Kyle Bass discusses the dollar's tenuous upside, the state of US-China relations amid the Iran war, and the concentration of assets in the US. He talks with Katie Greifeld and Isabelle Lee on "The Close."

Rebecca Babin, senior equity trader and managing director at CIBC Private Wealth, said that the markets are using a two month base case as the predicted time it would take to get oil production back up and running after the end of war with Iran, a timeline she finds 'optimistic.' Babin said that even if US oil exports grows to 5 million barrels a day, it still won't be enough to fill in the supply lost to the closure of the Strait of Hormuz.

Heather Conley, senior fellow at the American Enterprise Institute, said the US blockade of Iran in the Strait of Hormuz is a temporary measure and won't remove all threats to shipping in the area.

European Investment Bank President Nadia Calviño discusses the economic impact of the Iran war with Matt Miller and Dani Burger on "Bloomberg Open Interest."

Bloomberg Intelligence Financials Analyst, Neil Sipes discusses Goldman Sachs' earnings out before the bell Monday. Goldman Sachs Group Inc. shares fell after the bank reported a surprise drop in bond-trading revenue, casting a shadow over what was another record quarter from the firm's equities team. Fixed-income, currency and commodities revenue was $4.01 billion for the first quarter, according to a statement Monday. That was more than $800 million below the consensus of analyst estimates compiled by Bloomberg and 10% less than the same period last year. The bank also warned investors that its backlog of fees decreased slightly compared to the previous quarter. Shares of the company slumped 4.2% to $869.88 at 9:33 a.m. in New York, by far the biggest decline in the 24-company KBW Bank Index. The drop left the stock down 0.8% for the year.