Markets See Worst Day Since Iran War Began | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Binky Chadha, chief US equity and global strategist at Deutsche Bank Securities, discusses the recent market turmoil triggered by geopolitical tensions and rising oil prices on "Bloomberg The Close."
NASA says it's planning to launch the Artemis II Space Launch System rocket as soon as April 1. The massive rocket would take four astronauts around the moon. Lori Glaze, NASA's acting associate administrator of exploration systems development, spoke to reporters on Thursday.
Sunday, the maker of a robot for housework, has raised $165 million Series B at a $1.15 billion valuation. CEO Tony Zhao discusses the company's plans to begin beta testing its robots in homes later this year. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Layoffs, consolidation, streaming losses and the rise of the creator economy are reshaping Hollywood's future, raising questions about whether the industry is simply in decline or on the brink of extinction.
Ellen Wald, author and Atlantic Council senior fellow, joins Matt Miller on "Bloomberg Markets." She discusses geopolitical and logistical pressures as Iran threatens ships in the Strait of Hormuz.
AI-coding startup Replit raised $400 million in a Series D investment led by Georgian. CEO Amjad Masad discusses the company's growth with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Bloomberg's Bailey Lipshultz reports SpaceX is expected to raise as much as $50 billion in a record-setting IPO this summer which could value it at more than $1.75 trillion. High-net-worth family offices and funds with marquee institutional backers are among the types of investors with stakes in these SPVs, and who expect to see massive gains when these companies go public. Based on conversations with more than a dozen people in the industry, many are heading for disappointment.
Joe Lucosky, founding and managing partner of Lucosky Brookman, joins Matt Miller on "Bloomberg Markets." He discusses, market and regulatory pressures facing companies as they seek public listing.
Israeli Prime Minister Benjamin Netanyahu has made clear that when it comes to the Iran war, he's not done yet. Less clear is President Donald Trump's willingness to let the conflict drag on much longer. Michael Oren, former Israeli ambassador to the US, Said the intense military stage of the war with Iran may be followed by a protracted standoff that may look more like the Cold War than a conclusive end.
Erik Hirsch, Co-CEO of Hamilton Lane, joins Matt Miller on "Bloomberg Markets." While most funds had tried to meet investor demands for cash, BlackRock last week decided to limit withdrawals in a move that other managers have since followed. Hirsch says he expects more managers to follow suit.
The cost of airline tickets may jump as much as 9% as oil prices soar in the aftermath of the Iran war, according to the leading aviation industry group. "You're looking at probably an 8% or 9% increase" in airfares, Willie Walsh, director general of the International Air Transport Association, said at a conference in Lima. George Ferguson of Bloomberg Intelligence has more.
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