Bloomberg News and Videos — Page 122

- Tesla Inc.'s second-quarter earnings fell short of Wall Street's estimates, a setback for the electric-vehicle maker as it looks to build out new lines of business around robotics, autonomy and AI. Adjusted earnings per share were 33 cents in the period, the company said Wednesday in a statement. That's lower than the 51-cent average of analyst estimates compiled by Bloomberg. It also reported negative free cash flow of $1.09 billion.  Tesla Chief Executive Officer Elon Musk has warned spending this year will total more than $25 billion, and the company is looking to increase production of cars, batteries and robots across half a dozen plants as it follows his futuristic vision. The impact of that investment is now filtering through the company's financials, so investors will want more details.

Samsung Electronics America Senior Vice President of Mobile Product Management, Drew Blackard, discussed the company's launch of three new foldable phone models. The new lineup includes the all-new Z Fold 8, which expands Samsung's foldable family. He speaks with Katie Greifeld on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Bloomberg's Scarlet Fu reports on "Bloomberg Deals" about the number of activist campaigns during the first six months of 2026 increased 20% from the same period last year to 184, a record that is 38% above the five-year-average, according to a report by Lazard Inc. The jump was largely driven by campaigns in the U.S. and in the Asia-Pacific region Japan in particular while Europe saw a slowdown, Lazard found.

Jamie Turturici, head of TMT equity capital markets at Barclays, joins Dani Burger on "Bloomberg Deals." Moonshot AI is preparing to begin discussions in August on a final round of fundraising before listing in Hong Kong, capitalizing on the excitement around its latest model to raise capital at a valuation of as much as $50 billion.

Ron Kruszewski, Stifel chairman and ceo, says artificial intelligence will lead to productivity gains. He says financial advisers are still valuable and AI can help them. He speaks on "Bloomberg The Close."

Bloomberg's Loukia Gyftopoulou joins Dani Burger and Scarlet Fu on "Bloomberg Deals." Blackstone is unveiling new funds to bring private markets to main street investors. This comes ahead of its earnings out Thursday morning.

Bloomberg's Siddharth Philip joins Dani Burger on "Bloomberg Deals." AerCap Holdings is in discussions to buy Boeing Co. 787 Dreamliner aircraft, people familiar with the matter said, potentially adding to a slate of leasing-company deals at the upcoming Farnborough International Airshow.

Carmen Lu, partner at Paul, Weiss, Rifkind, Wharton & Garrison, and Shaun Mathew, partner and head of shareholder activism and hostile takeover defense at Kirkland & Ellis, join Dani Burger  on "Bloomberg Deals." Campaigns by activist investors have hit an all-time high this year even as the portion of them leading to proxy battles continues to fall. The number of activist campaigns during the first six months of 2026 increased 20% from the same period last year to 184, a record that is 38% above the five-year-average, according to a report by Lazard.

Scott Sperling, Co-CEO of THL Partners, joins Dani Burger on "Bloomberg Deals." Private equity company Thomas H. Lee (THL) Partners over 50 years has managed or deployed $50 billion of equity capital, worked with over 175 partner companies around the world and fueled more than 700 add-on acquisitions representing an aggregate enterprise value of over $260 billion.