Bloomberg News and Videos — Page 97

Chevron CFO Eimear Bonner discusses the company's second-quarter earnings and strategy for operating amid the current geopolitical risks with Bloomberg's Romaine Bostick on "Bloomberg The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec.

Retired Army General Wesley Clark, who served as Supreme Allied Commander Europe, said the more the US wants negotiations, the stronger the hand Iran thinks it has at the table. Clark said that the Iranian government sees the fight against the US as existential and that it will take more than taking out a few oil refineries to get the IRGC to surrender, particularly as they receive more backing from Russia and China.

Former Federal Reserve Vice Chairman Richard Clarida joins Scarlet Fu and Tom Keene on "Bloomberg Money" to discuss this week's Fed decision, Chairman Kevin Warsh's communication decisions and the increased divergence in the K-shaped economy. Clarida is currently a global economic adviser for Pimco.

Spencer Kimball, director of the Emerson College Polling Center, said that Abdul El-Sayed has managed to keep an edge on Haley Stevens in Emerson's poll of the Michigan democratic primary for Senate because he has managed to put together a coalition of younger people and educated voters around the state. Kimball said that because Democrats are the party out of power, he suspects voters will rally around whichever candidate wins Tuesday's primary.

"I'm losing faith in them because they do lie and do, they do misrepresent," President Donald Trump says during the meeting at the Camp David presidential retreat in Maryland.

Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, according to the Wall Street Journal. Separating Tesla's China operations would be a complex undertaking due to the auto factory's deep embedding in China's electric vehicle supply chain and its role in supplying vehicles to markets worldwide. Gene Munster, Managing Partner at Deepwater Asset Management, joins Bloomberg Intelligence to discuss Tesla as well as to break down Apple's earnings.

Anurag Rana, Senior Tech Analyst with Bloomberg Intelligence, breaks down Amazon and Apple earnings from his latest outlook report: Post-2Q Earnings Outlook: Accelerating AI demand and stronger retail execution can keep Amazon.com's underlying momentum intact despite softer 3Q sales guidance tied partly to the Prime Day shift. The company's 2Q results showed broad-based strength, with Amazon Web Services, retail and advertising all outperforming expectations. Faster delivery and AI-powered shopping are also strengthening customer engagement. We expect Amazon Web Services sales growth to remain at or above 35% in 2H, supported by persistent AI demand and higher backlog. Amazon raised its 2026 cash-capital-outlay outlook to $220 billion from $200 billion because of higher memory prices.

Apple may be battling chip shortages, rising memory costs, and margin pressure, but demand remains remarkably strong. Baird analyst Will Power joins Bloomberg Open Interest to explain why investors should look through near-term supply turbulence, highlighting surging Mac sales, resilient iPhone growth, pricing power, and AI-driven product catalysts.

Amazon's AI spending is beginning to deliver measurable results. TD Cowen Analyst John Blackledge joined Bloomberg Open Interest to explain why soaring AWS demand could keep Amazon capacity-constrained through 2027, how the cloud division could eventually reach $1 trillion in revenue, and why Andy Jassy's AI message is resonating more strongly with investors than Meta's.