Bloomberg News and Videos — Page 793

Brent Thill, Jefferies software and Internet research tech sector leader, reacts to IBM posting quarterly sales in its software unit that were in line with estimates, failing to shake investor concerns about AI disruption to its business. He speaks on "Bloomberg The Close."

Bank of America Global Head of FICC E-Trading and Markets Strategic Investments Sonali Theisen discusses the key factors currently driving market activity and how ETFs have 'created a language' in fixed income. She talks with Katie Greifeld and Romaine Bostick on "The Close."

Rich Mullen, partner at Wilson Sonsini Goodrich, and Tony Kim, co-president of investment banking at Centerview Partners, joins Dani Burger and Ryan Gould on "Bloomberg Deals." The pace of advances in artificial intelligence is changing the structure of how deals are getting done in the space, according to Tony Kim, Centerview Partners' co-president of investment banking.

Bloomberg's Steve Man breaks down Tesla earnings that beat expectations, sending the EV maker's stock up in the aftermarket. Tesla earnings. The positive report comes as Tesla has been trying to ramp up sluggish sales in the US and Europe and as well as new production, turning its focus to robotics and self driving cars.

The Westly Group founder Steve Westly, a former Tesla board member, reacts to Tesla's first-quarter earnings that beat Wall Street's estimates on "Bloomberg The Close."

Ed Ludlow gives us a first read on Tesla's first-quarter earning which beat Wall Street estimates. Adjusted earnings per share were 41 cents beating the estimate of 34 cents. Share rose sharply after regular trading in New York.

Jonathan Lewinsohn, managing partner and co-founder of Diameter Capital, joins Dani Burger on "Bloomberg Deals." Diameter Capital sees a "reckoning threatening" private credit amid the recent investor exodus spurred by a software selloff, according to Jonathan Lewinsohn, managing partner and co-founder of Diameter Capital Partners.

The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks even as President Donald Trump says he'll keep a ceasefire in place. Michael Ratney, the former US ambassador to Saudi Arabia, shares his perspective on "Bloomberg The Close."

Bloomberg's Scarlet Fu joins Dani Burger on "Bloomberg Deals." The Trump administration's $20.9 billion buying spree for equity stakes in private-sector companies is the biggest such push into strategic industries since the Second World War, according to research by the Council on Foreign Relations.

The US Justice Department is expected to reclassify marijuana into a less restrictive federal category as soon as Wednesday, according to a person familiar with the matter. The change could remove taxes for companies that sell marijuana. Shares of cannabis stocks rose on the news. Nathan Dean of Bloomberg Intelligence has more.