United Parcel Service CEO Carol Tomé says the Amazon glide down "is behind us." The shipping company has been delivering fewer low-margin packages for Amazon. UPS shares fell after its outlook for volume and profit margins underwhelmed investors. Tomé speaks on "Bloomberg The Close."
Tejpaul Bhatia, the CEO of Nebex, said that his company, which is aimed at building a financial operating system for the space industry, saw an economic gap in the growth of space travel as more money is put into the growth of the commercial space industry. Bhatia compared the potential of a space economy to the role of American Express and Wells Fargo at the beginning of the railroad industry.
NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in 'danger territory' when it comes to debt, but does not see a concern for larger companies. He speaks with Emily Graffeo and Romaine Bostick on 'The Close.'
Barnes & Noble CEO James Daunt discusses the company's strategy, demand for physical books and the potential for an initial public offering with Romaine Bostick and Emily Graffeo on "Bloomberg The Close."
Ben Jensen, senior fellow at the Defense and Security Department of the Center for Strategic and International Studies, said that the US has to consider the 'opportunity costs' of keeping up an active offensive against Iran and the risk that a campaign with an uncertain timeline and political outcome could mean for other military objectives on the horizon.
Melinda Haring, nonresident senior fellow at the Atlantic Council, said if Congress passes the Russia sanctions bill, it could help push the EU to unlock its next package of sanctions. Haring said that as war in Ukraine drags on Russian President Putin has a 'math problem,' lacking enough soldiers to carry out a large mobilization as Ukraine hits more Russian oil refineries.
China's chip industry is giving investors a reason to pause, as new signs of progress are raising fresh questions about whether Beijing is catching up faster than expected. Bloomberg's Peter Elstrom joins Ed Ludlow on "Bloomberg Tech."
President Donald Trump hosted Israel's Benjamin Netanyahu and Ukraine's Volodymyr Zelenskyy at the White House, in separate meetings. Bloomberg's Tyler Kendall reports on what happened behind closed doors.
Meta and BlackRock are investing $14 billion in a Texas data center campus, the latest sign that the AI infrastructure buildout is showing no signs of slowing. Bloomberg Intelligence Senior Technology Credit Analyst Robert Schiffman discusses what it means on Bloomberg Open Interest.
UPS tumbled after its outlook for volume and profit margins underwhelmed investors looking for stronger signs of improvement as the courier unwinds its relationship with Amazon.com. Thomas Black, Bloomberg Opinion Columnist who covers logistics, manufacturing, and aerospace joined Bloomberg Intelligence to discuss.
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