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Bloomberg

Neither Party Benefits from Redistricting Fight, Says Strategist Alex Conant

Alex Conant, Partner at Firehouse Strategies and Republican Strategist says that as states finalize new Congressional districts neither party seems to be getting an advantage nationally. Virginia voters backed a Democratic plan to redraw the state's congressional districts in a way that could net them as many as four more US House seats in November's midterm elections, according to multiple projections.  With about 99% of the ballots in Tuesday's referendum counted, the "Yes" vote led the "No" side by 51.5% to 48.6%.  The vote marked one of the final acts in a yearlong national battle sparked when Republicans moved to change voting boundaries in Texas, in an effort to keep GOP control of the US House in the midterms. It also served as an early test for Democratic Governor Abigail Spanberger, who supported the referendum as a response to Republican moves in other states.

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Bloomberg

BMW 7 Series Makes Its Debut

BMW is unveiling its bold new 7 Series,  blending striking design with cutting-edge tech and multiple powertrain options including fully electric. BMW of North America CEO Sebastian Mackensen joined Bloomberg's Matt Miller to talk about why flexibility, luxury customization, and global appeal are key as EV demand grows, but gas engines still dominate.

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Bloomberg

A Private Equity Reset

Private equity is entering a new era according to Mark Sotir, the President of  Equity Group Investments, He joins Bloomberg Open Interest to break down why founders are rushing for stability, how AI is boosting productivity, not replacing jobs, and why rising interest rates and competition are making it harder than ever to generate returns.

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Bloomberg

Avis Surge Crushes Short Sellers

Avis shares tripled in two weeks, crushing short sellers with $2.5 billion in losses. But bears are doubling down short interest now near a decade high at 58%. Analysts question the rally's fundamentals, warning the surge looks like a short squeeze, not real growth. Bloomberg's Jordan Fitzgerald joined Bloomberg Open Interest with details.

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