Bloomberg News and Videos — Page 85

"I'm losing faith in them because they do lie and do, they do misrepresent," President Donald Trump says during the meeting at the Camp David presidential retreat in Maryland.

Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, according to the Wall Street Journal. Separating Tesla's China operations would be a complex undertaking due to the auto factory's deep embedding in China's electric vehicle supply chain and its role in supplying vehicles to markets worldwide. Gene Munster, Managing Partner at Deepwater Asset Management, joins Bloomberg Intelligence to discuss Tesla as well as to break down Apple's earnings.

Anurag Rana, Senior Tech Analyst with Bloomberg Intelligence, breaks down Amazon and Apple earnings from his latest outlook report: Post-2Q Earnings Outlook: Accelerating AI demand and stronger retail execution can keep Amazon.com's underlying momentum intact despite softer 3Q sales guidance tied partly to the Prime Day shift. The company's 2Q results showed broad-based strength, with Amazon Web Services, retail and advertising all outperforming expectations. Faster delivery and AI-powered shopping are also strengthening customer engagement. We expect Amazon Web Services sales growth to remain at or above 35% in 2H, supported by persistent AI demand and higher backlog. Amazon raised its 2026 cash-capital-outlay outlook to $220 billion from $200 billion because of higher memory prices.

Apple may be battling chip shortages, rising memory costs, and margin pressure, but demand remains remarkably strong. Baird analyst Will Power joins Bloomberg Open Interest to explain why investors should look through near-term supply turbulence, highlighting surging Mac sales, resilient iPhone growth, pricing power, and AI-driven product catalysts.

Amazon's AI spending is beginning to deliver measurable results. TD Cowen Analyst John Blackledge joined Bloomberg Open Interest to explain why soaring AWS demand could keep Amazon capacity-constrained through 2027, how the cloud division could eventually reach $1 trillion in revenue, and why Andy Jassy's AI message is resonating more strongly with investors than Meta's.

A 24-year-old AI wunderkind became one of the market's most influential investors, until leverage and margin calls forced billions in tech-stock sales. Bloomberg's Sri Natarajan joined Bloomberg Open Interest to explain how a futuristic AI empire collided with one of Wall Street's oldest and most dangerous mistakes.

The University of Michigan's final July sentiment index increased to 55.2 this month, according to the survey released Friday. That's an improvement from the preliminary estimate of 54.4. Michael McKee reports on "Bloomberg Open Interest."

A heavily leveraged AI hedge fund unraveled after volatile stocks triggered margin calls and a frantic asset sale. Bloomberg's Hema Parmar joined Bloomberg Open Interest to explain how Situational Awareness scrambled for buyers before Ken Griffin's Citadel stepped in.

Assets at Leopold Aschenbrenner's hedge fund Situational Awareness have slumped to about $10 billion after Ken Griffin's Citadel stepped in to buy the bulk of its public stock bets. Hema Parmar has more on "Bloomberg Open Interest."

On this episode of Stock Movers: - Universal Music Group (UMG NA) plummeted to their lowest level since listing, after the company reported disappointing subscription revenue growth. The world's largest record label's subscription revenues grew 16.6% in constant currency, including the impact of its purchase of Downtown Music Holdings, but analysts had expected a 19.2% increase. - Roblox (RBLX) shares are lower after the video-game company's second-quarter results disappointed on key metrics, including users and hours engaged. It also gave a forecast for both bookings and revenue that was weaker than expected. - Reddit (RDDT) shares are moving after it projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce any new data licensing agreements.