Meta Had a Very Messy March
Meta's market cap is down about $280 billion this month, shares are down 17%. It could be the company's worst performance since October 2022. Mandeep Singh of Bloomberg Intelligence has more.
Meta's market cap is down about $280 billion this month, shares are down 17%. It could be the company's worst performance since October 2022. Mandeep Singh of Bloomberg Intelligence has more.
Former Senior Advisor to President Obama Puneet Talwar discusses President Trump renewing threats against Iran as US troops arrive in the region. He talks with Katie Greifeld on "The Close."
Bloomberg's Jerusalem reporter Dan Williams said that Israel is trying not to give Houthi's a propaganda victory after the Iran-backed group launched two ballistic missiles at Israel on Saturday. It marks a widening of the war as Israel continues strikes on both Iran and Lebanon.
Schwab Center for Financial Research Head of Fixed Income Research & Strategy Collin Martin discusses the negative consequences of a drawn out conflict in Iran, why there are risks to inflation and labor mandates, and why we shouldn't expect a recession in the near term. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Bailey Lipschultz, Katie Greifeld, Carol Massar and Tim Stenovec.
CIBC Private Wealth Senior Energy Trader Rebecca Babin discusses US oil settling above $100 per barrel for the first time since the start of the Iran War, and why the oil situation is moving from a 'chokehold' to a 'stranglehold.' She talks with Katie Greifeld and Bailey Lipschultz on "The Close."
Eric Nuttall, senior portfolio manager at Nine Point, said that oil disruption from war with Iran is projected to be worse than during the COVID pandemic as the Strait of Hormuz remains closed. Nuttall said that the oil companies are quickly working their way through the buffer supply of oil and expects that it will lead to physical shortages of oil barrels.
Niles Investment Management Founder & Portfolio Manager Dan Niles discusses the fall in tech stocks since the outset of the war in Iran, why software is 'nowhere near the bottom,' and how agentic AI will drive tech's next phase higher. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."
As the Big Tech selloff continues, some investors point to historical precedents as signals that this could be a buying opportunity. Denise Chisholm, Fidelity's director of quantitative market strategy, discusses the conditions with Tim Stenovec on "Bloomberg Tech."
Retired Marine Corps Major General Mastin Robeson said that increased troops sent to the MidEast means that the US has 'positioned sufficient assets' to be able to enact leverage over negotiations to open the Strait of Hormuz and end the war with Iran. Robeson also discussed how the war has impacted the US relationship with China, as Xi moves to invite Taiwan's opposition leader for a meeting ahead of the scheduled Trump, Xi meeting in May.
Jordan Rochester, now a macro strategist at Mizuho Bank, talks about the impact of the war in Iran on oil prices, the dollar and monetary policy in the US and Europe. He speaks on Bloomberg Surveillance.
Todd Rosenbluth, head of research at TMX VettaFi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." Bloomberg Intelligence says ETF closures are up 24%, with 41 ETFs liquidated in the first two months of 2026 compared to 33 in the corresponding period of 2025.