Williams: Sports Leagues Give Investors Diversification
Bloomberg's Romaine Bostick sits down with Harbinger Sports Partners Founder & CIO Rashaun Williams to discuss the firm's minority stake in the MLB's Atlhetics
Bloomberg's Romaine Bostick sits down with Harbinger Sports Partners Founder & CIO Rashaun Williams to discuss the firm's minority stake in the MLB's Atlhetics
Amnon Shashua is stepping down as CEO of Mobileye, after 27 years leading the autonomous driving pioneer. The news comes as the company released its second quarter earnings earlier today, beating analyst estimates with reported revenue of $508 million. Amnon Shashua joins Ed Ludlow on "Bloomberg Tech."
Alphabet Inc. raised its capital spending forecast to a range of $195 billion to $205 billion this year, up from a previous forecast of $190 billion. The company's quarterly cash flow was negative for the first time since going public, with negative free cash flow of $5.9 billion in the period, and its cloud revenue totaled $24.77 billion, up 82% from a year earlier. Bloomberg's Mandeep Singh joins to discuss.
Khosla Ventures, one of OpenAI's early investors, is in talks to raise $5.5 billion in a new set of venture investments funds, which would make it the largest fundraising event in the firm's history, according to sources. Bloomberg's Natasha Mascarenhas joins Ed Ludlow on "Bloomberg Tech."
Google's parent company Alphabet raised the top end of its CapEx plan for this year to $205 billion, but discipline on spending is becoming a concern. Eric Sheridan, Goldman Sachs co-business unit leader of its Technology, Media and Telecommunications Group in global investment research, says Alphabet is well positioned to benefit from the growing demand for AI across both consumer and enterprise markets. He joins Ed Ludlow on "Bloomberg Tech."
IBM shares came under pressure after weaker-than-expected mainframe sales weighed on the company's outlook. CEO Arvind Krishna joins Bloomberg to explain why he sees the slowdown as temporary, how AI is reshaping enterprise technology spending, and why he's betting on quantum computing as IBM's next major growth engine. He speaks to Bloomberg's Ed Ludlow and Romaine Bostick on "Bloomberg Tech."
US Treasury yields rose to their highest levels of the year as the threat of escalation in the Iran war sent oil prices higher and boosted bets that the Federal Reserve could raise interest rates as soon as next week. The yield on two-year notes, which are particularly sensitive to expectations for Fed policy, climbed on Thursday by about 6 basis points to around 4.36%, reaching the highest since early 2025. Charles Tan, CIO at American Century Investments, discusses fixed income crosscurrents and the Fed.
On this episode of Stock Movers: - American Airlines (AAL) shares are moving as it cut 2026 earnings guidance for the second time in three months amid persistently high fuel prices because of the war in Iran. - T-Mobile (TMUS) shares are falling after the telecom company reported second-quarter revenue that missed expectations. However, the report also showed Postpaid net accounts for the second quarter that beat the average analyst estimate. - Lockheed Martin (LMT) shares jumped after the military contractor raised its full-year outlook for earnings per share to a range above the average analyst estimate.
Nasdaq (NASDAQ:NDAQ) reported second-quarter net revenue of $1.5 billion, up 15%, as each of its three operating divisions recorded growth.
NVR (NYSE:NVR) reported its second-quarter 2026 financial results, generating $2.33 billion in consolidated revenues, a decline from the $2.60 billion reported in the same period last year.
In this video, we explain how prediction markets work, why states and the Commodity Futures Trading Commission disagree over who has authority to regulate them, how courts have responded to the growing number of lawsuits, and why the answers could reshape the future of sports betting, event contracts, and prediction markets in the US. (Produced by Andrew Satter; Executive Producer Josh Block). Original filename: premarkbn.mxf
Norfolk Southern (NYSE:NSC) reported its second-quarter 2026 financial results, generating an all-time quarterly record of $3.5 billion in revenue.