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Bloomberg
Financial

JOOPITER Head of Sales on Michael Jordan Jersey Auction

Caitlin Donovan, the Global Head of Sales at JOOPITER, discusses the rapid growth of sports memorabilia as an alternative asset class, saying the category is one of the fastest-growing parts of the collectibles market. JOOPITER, the digital auction house founded by Pharrell Williams in 2022, has put a game-worn Michael Jordan jersey from Game 3 of the 1998 NBA Finals on the market with an opening bid of $10 million. She speaks with Romaine Bostick on "The Close."

Read more: JOOPITER Head of Sales on Michael Jordan Jersey Auction
Bloomberg
Financial

Accenture's Gramling on Latest Holiday Shopping Survey

Kathryn Gramling discusses new Accenture data showing that nearly half of consumers plan to spend the same amount or less than they did last year. She discusses whether that level of restrained spending represents a meaningful shift from prior years and what it may signal for holiday retail demand. She speaks with Romaine Bostick & Jess Menton on "The Close."

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Accenture's Gramling on Latest Holiday Shopping Survey
Bloomberg
Financial

Zocdoc CEO on Rollout of its Care Access Network

Dr. Oliver Kharraz, the CEO and Founder of Zocdoc, joins the program to discuss the company's latest development: the launch of a new care access network. Kharraz discusses how the update is expected to drive growth and what has changed for patients compared with what they could do before. He speaks with Romaine Bostick & Jess Menton on "The Close."

Read more: Zocdoc CEO on Rollout of its Care Access Network
Bloomberg
Financial

Crusoe CEO: Data Center Indusry Has a 'Marketing Issue'

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company's nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company's push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a "marketing issue" and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on "Bloomberg Tech."

Read more: Crusoe CEO: Data Center Indusry Has a 'Marketing Issue'
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Insights

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Insights

The orbital AI race reshaping global computing networks

  • SpaceX announced plans to launch Nvidia-powered AI satellite systems in Q4 2027, advancing its previous target for initial orbital data center deployments.
  • The project combines SpaceX launch infrastructure with Nvidia Vera Rubin computing systems designed for AI workloads in orbit.
  • The broader AI infrastructure market is expanding as semiconductor firms, cloud providers, and data center operators invest in higher computing capacity.
Read more: The orbital AI race reshaping global computing networks
Grafa
Insights

The athletic retail reset reshaping footwear giants

  • DICK’S Sporting Goods (NYSE:DKS) reported Q2 2026 sales of $5.59 billion, up 53.2% year over year, after incorporating the Foot Locker acquisition into results.
  • The company’s operating margin declined to 7.9% from 12.4%, while GAAP EPS fell to $3.50 as Foot Locker reported weaker performance and pressured profitability.
  • The broader athletic retail sector faces pressure from changing footwear demand, inventory levels, and companies’ strategies to adjust product mixes and margins. 
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The athletic retail reset reshaping footwear giants
Grafa
Insights

Home improvement demand tests the retail recovery race

  • The Home Depot (NYSE:HD) reported fiscal Q2 2026 sales of $47.9 billion, up 5.7%, as comparable sales increased 1.7%.
  • Lowe’s, Tractor Supply, Floor & Decor and Williams-Sonoma are facing similar consumer spending pressures across home projects, repairs and discretionary purchases.
  • The sector outlook depends on housing activity, interest rates, consumer confidence and whether delayed renovation demand returns.
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Home improvement demand tests the retail recovery race
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Insights

Target’s tariff refund boost meets a widening retail value race

  • Target (NYSE:TGT) reported $26.5 billion in second-quarter net sales, up 5.3%, while $994 million in tariff refunds lifted diluted EPS to $4.11.
  • Large U.S. value retailers are still growing sales, but profitability varies sharply as companies balance pricing, digital fulfillment and operating costs.
  • Tariffs, fuel and freight costs, consumer price sensitivity and aggressive value positioning remain key variables for the sector through 2026.
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Target’s tariff refund boost meets a widening retail value race
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Economy

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Economy

US–Iran peace deal hits oil and lifts stocks

A US–Iran peace agreement to halt nearly four months of fighting, including in Lebanon, sent oil lower and global stocks higher as markets priced in a planned Friday signing.

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US–Iran peace deal hits oil and lifts stocks
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Economy

Markets brace for Tuesday deadline as Trump threatens Iranian power grid

Global financial markets entered a state of high-alert Monday morning as President Donald Trump issued a final, televised ultimatum to Tehran, threatening the total destruction of Iran’s industrial infrastructure if the Strait of Hormuz is not reopened by Tuesday evening.

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Markets brace for Tuesday deadline as Trump threatens Iranian power grid
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