Tasha Keeney, Ark Investment director of investment analysis, says robotaxis are the future for Tesla. She says the company is well positioned over its peers and the Cybercab is cheaper to operate compared to Waymo's next generation vehicle. Elon Musk's company reported third-quarter profits that beat estimates.
Ygal Arounian, Wedbush Internet equity research managing director, reacts to Meta Platforms' third-quarter earnings and boosted capital spending outlook. He speaks on "Bloomberg The Close."
IBM says sales increased by 5% to $17.1 billion in the third quarter, topping estimates. Sales in the software unit also expanded. The company reported earnings of $2.95 per share. CEO Arvind Krishna says AI is a tailwind. Romaine Bostick discusses with Mandeep Singh and Anurag Rana of Bloomberg Intelligence.
Kai Liekefett, partner & co-chair of shareholder activism practice at Sidley Austin, and Rebecca Van Derlaske, partner in the shareholder activism group at Olshan Frome Wolosky, join Dani Burger on "Bloomberg Deals." They take us inside what really happens amid activism fights.
Starboard Value CEO Jeff Smith this week laid out the activist fund's approach to its three latest investments at the annual 13D Monitor Active-Passive Investor Summit in New York today. Bloomberg's Scarlet Fu reports on "Bloomberg Deals."
With Bose acquiring Skullcandy today, CEO Lila Snyder sat down with Bloomberg's Romaine Bostick to discuss what the deal means for both companies, how the audio company is trying to reach the next generation with wired headphones and the role AI will play in future products.
Stevie Baron, CEO of Chase for Business, said that despite a difficult geoeconomic landscape, small business owners remain optimistic about their individual business and their potential for success across industries. Speaking from the Chase Make Your Move Summit in Atlanta, Baron said that Chase's aim is to support small business owners and do whatever it can as a bank to make owners financial lives easier.
The National Football League picked General Atlantic to set up an investing platform for a deeper push into global sports investing. Bloomberg's Scarlet Fu reports on "Bloomberg Deals."
Bloomberg's Mark Chediak joins Dani Burger on "Bloomberg Deals." Virginia Governor Abigail Spanberger won't support NextEra Energy's $67 billion Dominion Energy takeover without a six-year freeze on residential power rates, raising the bar for a utility mega-deal that's facing increasing skepticism.
Kuwait Petroleum Corporation CEO Sheikh Nawaf Al-Sabah said that company told customers that it would do 'everything possible' to ensure shipments of crude would continue despite the closure of the Strait of Hormuz. Al-Sabah said that the company has been able to produce over 2 million barrels a day and is looking into future pipelines to move crude.
Bloomberg's Bailey Lipschultz joins Dani Burger on "Bloomberg Deals." Nscale is facing opposition to the valuation target it's pursuing in its initial public offering, according to people familiar with the matter, after a series of market setbacks for artificial intelligence companies.
Kai Liekefett, partner & co-chair of shareholder activism practice at Sidley Austin, and Rebecca Van Derlaske, partner in the shareholder activism group at Olshan Frome Wolosky, join Dani Burger on "Bloomberg Deals." They take us inside what really happens amid activism fights.
