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MNTN CEO on Disney's Ad Business, Streaming Wars Outlook

MNTN CEO Mark Douglas discussed the current state of the connected TV and streaming advertising landscape following a strong earnings report from his company, which showed a 21% year-over-year revenue increase. The conversation highlighted recent earnings from major media companies, including Disney, which reported a 64% profit growth in its streaming business and 14% revenue growth, though its overall ad sales grew only 3%. He speaks with Romaine Bostick on "The Close."

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Bloomberg
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PsiQuantum CEO on Quantum Computing Progress, Chip Space

Victor Peng, CEO of PsiQuantum, detailed the company's unique approach to quantum computing, emphasizing their use of photons as qubits and their deep expertise in photonics. He explained that their architecture inherently addresses challenges such as photon loss and bit flips through built-in error correction, highlighting significant progress toward full fault tolerance. He speaks with Romaine Bostick on "The Close."

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Bloomberg
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Abdul El-Sayed Narrowly Beats Haley Stevens in Michigan Senate Primary

Kyle Kondik, managing editor of Sabato's Crystal Ball at University of Virginia's Center for Politics, said that progressives candidates winning primary races may cost Democrats success in winnable seats, but that he is not taking it for granted that those candidates will underperform, and if they do, that they will also lose.

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Bloomberg
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Anthropic Backer G Squared Raises $2.3 Billion for Seventh Fund

Larry Ashchebrook, founder and managing partner of G Squared, said it is his job to get involved in the 'companies of tomorrow' before they're household names and that his company took a 'contrarian' view to get involved with Anthropic, Polymarket and Nscale, early on. Aschebrook also talked about the macro environment, saying that he sees some macro headwinds in the next few months, including the US election and a potential interest rate hike.

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Bloomberg
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Debate Over Democrats' Future Won't Be Settled Until 2028, Says Lara Brown

Lara Brown, political scientist and author of the forthcoming book: Jefferson's Landmark Deal: The Politics of the Louisiana Purchase, said that Democrats are experiencing 'completely normal cycle' for a party that lost the last presidential election, as it searches for its new path forward. Brown said that Democrat primaries last night, including Abdul El-Sayed's win over Hailey Stevens in Michigan, don't paint a major narrative other than the role of the economy.

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Bloomberg
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Iran Says No Decision Yet on Second Stage of US Talks

Former Assistant Secretary of State Barbara Leaf said that a potential deal between the US and Iran on the Strait of Hormuz would simply reset the negotiating table for more detailed discussions on the wider war and that she does not believe there is credibility to President Trump's threats that this is Iran's 'last chance' to come to the table. Leaf said that in terms of negotiation timeline, she believes it would be 'exceptionally difficult' to reach durable agreements by November.

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