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Cliff Young, chair of US Public Affairs for Ipsos, said that voters are in a 'pessimistic state' ahead of the midterm elections, as the number of Americans who believe that the economy and the cost of living are on the wrong track. Young also discussed President Trump's low approval rating and said that the number reflects the overall 'economic malaise' felt by Americans.
Henrietta Treyz, co-founder and economic policy research director at Veda Partners, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss Henrietta Treyz's personal approach to investing, retirement, and her opinions on the future of Social Security.
Peter Crosby, Democratic candidate for Utah's 2nd Congressional District, said Congress can vote to reassert its power over tariffs and vote against the war in Iran, which would ease the affordability crisis. Crosby, who is running to unseat Republican congressman Blake Moore, said that the major issues facing the district's constituents are nonpartisan and that 'we have to do something different if we expect different outcomes.'
Owen Zidar, author of 'The Everywhere Millionaire', joins Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss Zidar's book, which lays out how wealth often comes from businesses outside of Wall Street. They also discuss 'Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century' by Napoleon Hill.
Michael Conrath, chief retirement strategist at JPMorgan Asset Management, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how inflation is causing Americans to rethink their retirement saving goals.
Henrietta Treyz, co-founder and economic policy research director at Veda Partners, joins Scarlet Fu and Tom Keene on "Bloomberg Money." With Election day on Tuesday, US voters head to the polls and are faced with multiple headwinds regarding affordability. Everything from high gas prices, to increasing insurance costs, to out-of-reach housing prices, to elevated electricity bills, to eye-watering prices on grocery shelves.
Anthropic's technical expertise, innovation and efficient use of compute set it apart in the AI landscape, says Peter Singlehurst, head of the Private Companies Team at Baillie Gifford. Singlehurst discusses why Anthropic's governance structures giving its seven founders voting control are good for long-term investors. He joins Ed Ludlow on "Bloomberg Tech."
AWS CEO Matt Garman discusses how the company is looking to "responsibly fund" its AI buildout to meet customer demand. Revenue at the Amazon cloud unit grew for the sixth straight quarter, and the company is projecting it could grow more than 40% year over year in each of the next two years. Garman joins Ed Ludlow on "Bloomberg Tech."
Roblox CEO David Baszucki says the platform has seen an explosion of AI-fueled content in the last three months. But the online gaming company is seeing some growing pains after rolling out tougher child-safety measures, with daily active users falling 9% last quarter, while bookings dropped 12%. Baszucki joins Ed Ludlow on "Bloomberg Tech."
Disappointing earnings from Intel and Amazon add to a brutal week for the AI trade, fueling a flight into Treasuries. Bessemer Trust CEO Holly MacDonald breaks down where the firm sees pockets of opportunity in this market.
Amazon reporting higher-than-expected capex and its slowest e-commerce growth in three years adding to concerns over Big Tech's massive AI spending. Citizens Equity Research analyst Andrew Boone weighs in on Bloomberg Open Interest.
Starbucks Corp. Chief Executive Officer Brian Niccol expects earnings growth to continue and he says the turnaround plan is ahead of schedule. He says becoming a multi-brand company is a possibility. The chain recently said it was not exploring a takeover of Chipotle. He speaks to Bloomberg's Romaine Bostick.
