Bloomberg News and Videos — Page 157

Michaels CEO David Boone joined the hosts to discuss the company's recent growth and strategic transformation. Boone addressed the challenge of changing Michaels' longstanding reputation as a 'grandmother's store' into a more contemporary and beloved brand. He speaks with Romaine Bostick & 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.

Global transaction values were up around 30% year over year to $2.6 trillion in the first half, according to data compiled by Bloomberg. Bloomberg's Ryan Gould says "we're in the midst of a Trump-induced M&A boom." He speaks along with EY-Parthenon, EY Americas Vice Chair Mitch Berlin, on "Bloomberg Businessweek."

Travis Spence, global head of ETFs at JPMorgan Asset Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss growing momentum in actively managed ETFs.

A group of 12 states sued Paramount Skydance Corp. Monday seeking to block its $110 billion bid to buy Warner Bros. Discovery Inc., alleging the blockbuster Hollywood deal would leave viewers with higher prices and fewer choices for movies and television.  Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst for Antitrust joins Bloomberg Businessweek Daily to discuss.

AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm's record $1.5 billion fund, why startup rounds are getting bigger, and where he's placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on "Bloomberg Tech."

Marc Short, Chairman of Advancing American Freedom and Former Chief of Staff to Vice President Mike Pence joined Balance of Power to discuss the recent passing of Senator Lindsey Graham. He also discussed how Congress needs to pass appropriations bills or a stopgap by the end of September, otherwise the government will shut down the month before the midterm elections.

Apple's lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company's device ambitions long before the case is resolved. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech."

The death of Senator Lindsey Graham leaves key US allies like Ukraine, which have at times struggled to influence the Trump administration, without one of their most effective conduits to the White House. Rebeccah Heinrichs, senior fellow at Hudson Institute, joined Balance of Power and said there's momentum for Congress to pass a Russia sanctions bill that had been championed by Senator Lindsay Graham

An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix Inc. American depositary shares fell as much as 9.3%, underscoring growing investor concerns that the boom is overextended. The decline brought ADRs to trade just a few dollars above the $149 level where they priced last week ahead of their trading debut. Memory and storage peers in US dropped across the board, with Micron Technology Inc., Sandisk Corp., and Western Digital Corp. shares all falling more than 6%. The slump came after shares of SK Hynix plunged a record 15% in South Korea, sending the benchmark Kospi index down 9% and triggering a market-wide trading suspension. For more, we speak with Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence.