Tesla Faces Tricky Road Ahead, Former Board Member Says
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."
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.
Bloomberg's Siddharth Philip joins Dani Burger and Scarlet Fu on "Bloomberg Deals." The Trump administration is nearing a rescue package for Spirit Airlines that could give the US government the option to own as much as 90% of the carrier once it emerges from bankruptcy, according to people familiar with the matter.
Rep. Seth Magaziner (R) Rhode Island said Anthropic is doing the right think by warning the world about what they discovered about Mythos and working with the Pentagon, but that Congress needs to develop a federal framework for AI. A small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, a technology that the company says is so powerful it can enable dangerous cyberattacks, according to a person familiar with the matter and documentation viewed by Bloomberg News. A handful of users in a private online forum gained access to Mythos on the same day that Anthropic first announced a plan to release the model to a limited number of companies for testing purposes, said the person, who asked not to be named for fear of reprisal. The group has been using Mythos regularly since then, though not for cybersecurity purposes, said the person.
Barbara Humpton, CEO of USA Rare Earth, joins Dani Burger on "Bloomberg Deals." USA Rare Earth agreed to acquire Brazil's Serra Verde Group in a $2.8 billion cash-and-stock transaction, marking one of the largest deals in the rare-earths industry.
Software maker Vast Data has raised a $1 billion Series F, tripling its valuation to $30 billion. Vast Data CEO Renen Hallak says the company is readying itself for an IPO. Hallak joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
The Trump administration is nearing a rescue package for Spirit Airlines that could give the US government the option to own as much as 90% of the carrier once it emerges from bankruptcy. Bloomberg Intelligence Senior Aerospace Analyst George Ferguson discusses on Bloomberg Radio.
Jeb Hensarling, the former US representative who is now an adviser to the Texas Stock Exchange, says the first initial public offerings on the startup bourse may come in 2027's first quarter.