Bloomberg News and Videos — Page 36

Bloomberg's Anya Andrianova joins Emily Graffeo on "Real Yield." The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi's government was said to support an interest-rate hike.

Rebecca Babin, CIBC Private Wealth senior energy trader, said that she doesn't expect gas prices to drop much lower before election day and that the price at the pump will likely be lower than the White House would like it to be for November's midterms. Babin said that while oil prices have climbed as tensions have build back up in the Strait of Hormuz, it is China's position in the oil market that is keeping prices from growing to $100 a barrel.

Rick Rieder, BlackRock Inc.'s chief investment officer for global fixed income, says Japan's efforts to prop up the yen will require hawkish signals from the Bank of Japan, not just government intervention in currency markets. He speaks in an interview for Bloomberg Television's Wall Street Week with David Westin.

SpaceX shares surged 35% following the expiration of its first post-IPO lockup, adding roughly $500 billion in market value and defying fears that insider selling would weigh on the stock. Bloomberg's Carmen Reinicke explains why more lockup expirations could bring fresh volatility. She joins Ed Ludlow on "Bloomberg Tech."

Lori Keith, Parnassus Investments portfolio manager and senior analyst, says megacaps are not the only way to play the AI boom. She shares where she sees opportunities in mid-caps -- from the companies powering the buildout to those using AI to boost productivity. She joins Ed Ludlow on "Bloomberg Tech."

Anthropic PBC is in talks to buy the artificial intelligence startup Decart AI for about $6 billion, according to people familiar with the matter, in what would be the Claude maker's largest known acquisition. Bloomberg's Ed Ludlow joins to discuss.

Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz. Francisco Blanch, Head: Commodities & Derivatives Research at Bank of America, discusses the global energy crunch and commodity outlook.

Cisco Systems Inc. shares fell after the company projected $7.5 billion in AI data center sales this fiscal year, which disappointed investors. CEO Chuck Robbins says the guidance is good and prudent. Bloomberg's Woo Jin Ho reports.

Tapestry reported strong quarterly earnings driven primarily by its Coach brand, which accounted for $1.6 billion of the $1.9 billion in net sales and continues to deliver double-digit growth. Despite beating on many metrics and providing a revenue forecast in line with estimates for the new fiscal year, the stock fell sharply as investors were expecting more, especially after a 20% run-up prior to the report.

Lee Klaskow, Senior Logistics Analyst at Bloomberg Intelligence, discussed how container shipping companies are managing disruptions caused by route restrictions and geopolitical tensions. Despite only about a third of typical Suez Canal routes currently in use, companies remain confident that full utilization will resume over time, with alternative routes around Africa available if needed.