Bloomberg News and Videos — Page 652

Fresh inflation data from April is raising concerns about how uneven the economy may become. Goldman Sachs Chief US Economist David Mericle says the K-shaped economy wasn't as pronounced last year as many feared, but this year could be different. He explains why in a conversation with Dani Burger on Bloomberg Open Interest.

Hopes that a ceasefire deal could pave the way for an end to the Iran conflict drove stocks toward a historic streak of weekly gains, with the market also buoyed by the artificial-intelligence trade. Brian Belski, CEO and CIO at Humilis Investment Strategies, discusses the S&P 500 bull case and his outlook for markets amid the AI boom.

Retired Admiral James Stavridis, the the co-author of "2084: A Novel of Future War" joined Bloomberg to discuss his new futuristic war novel 2084, the risks of escalation in the Strait of Hormuz, and why he believes China is unlikely to invade Taiwan anytime soon.

Retired Admiral James Stavridis, the the co-author of "2084: A Novel of Future War" joined Bloomberg to discuss his new futuristic war novel 2084, the risks of escalation in the Strait of Hormuz, and why he believes China is unlikely to invade Taiwan anytime soon.

Tricia Scarlata, Head of Education Savings at JPMorgan Asset Management, discusses college investing, 529 day, and missed opportunities for families saving for college.

Gap Inc. CEO Richard Dickson says the retailer delivered progress in the quarter, even after lowering its sales outlook. He says three out of their four brands are growing and they're raising the earnings outlook. Dickson speaks to Bloomberg's Lisa Abramowicz.

Five years after opening Le Pavillon during the height of COVID, Michelin-starred chef and Dinex Group Owner Daniel Boulud and SL Green CEO Marc Holliday joined Bloomberg Open Interest to talk about how luxury dining helped reinvent New York office real estate. They discuss the return-to-office boom, hospitality-driven workplaces, and why restaurants have become a key tool for attracting talent and premium tenants.

On this episode of Stock Movers with Alexis Christoforous: - Dell (DELL) shares are soaring after the company gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work. - Gap (GAP) shares plunged after the company lowered its sales outlook due to struggles with its product mix. - NetApp (NTAP) shares jumped after the data storage provider reported its latest earnings. Analyst say the report is a strong print from the company, showing strong growth, with upgrades to consensus expected.

Federal Reserve Vice Chair for Supervision Michelle Bowman said, "I would like to have more clarity on the economic impacts from the conflict in the Middle East and the durability of those effects," and thinks it's too soon to judge the inflationary impact from the Iran war. Bowman said Friday at a central banking conference in Iceland that that policymakers need to look through temporary price shocks.

Autodesk President and CEO Andrew Anagnost details the company's $3.6 billion acquisition of MaintainX, emphasizing that the deal represents a strategic move to extend Autodesk's offerings from design and manufacturing into the operational phase of the built environment lifecycle. He speaks with Matt Miller on "Bloomberg Open Interest."