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Bloomberg
Financial

Disney's Third-Quarter Profit Growth Driven by Parks, Streaming

Walt Disney Co.'s fiscal third quarter profit beat Wall Street estimates as soaring income from its entertainment division and the resilience of its theme parks in California and Florida delivered a second straight quarter of better-than-expected profitability for Chief Executive Officer Josh D'Amaro. Geetha Ranganathan of Bloomberg Intelligence has more.

Leia mais: Disney's Third-Quarter Profit Growth Driven by Parks, Streaming
Bloomberg
Financial

Japan's Kishida Sees Growth as Game Changer for Yen

Joint US-Japan intervention has helped the yen for now, but isn't a game-changer for the currency or the economy, Japan's former Prime Minister Fumio Kishida said in a Bloomberg TV interview in Tokyo. He touted a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transform Japan's fortunes.

Leia mais: Japan's Kishida Sees Growth as Game Changer for Yen
Bloomberg
Financial

Progressive Michigan Win Makes General Election Challenging, Morgan Stanley's Salvatore Says

Ariana Salvatore, head of US public policy strategy at Morgan Stanley, says a win by progressive Abdul El-Sayed in the Democratic US Senate primary in Michigan "makes it really challenging as a general election seat for Democrats to flip," and looks at how the US economy plays into the midterm elections.

Leia mais: Progressive Michigan Win Makes General Election Challenging, Morgan Stanley's Salvatore Says
Bloomberg
Financial

OpenAI, Anthropic Model Tests Reveal More 'Unsanctioned' Actions

Artificial intelligence models developed by OpenAI and Anthropic PBC carried out "unsanctioned" actions including hacking a website and attempting to inject harmful code into software during safety testing reinforcing fears that neither the creators nor seasoned researchers of these systems can predict their actions in testing. Bloomberg Opinion columnist Parmy Olson joins Francine Lacqua on "The Pulse" to discuss the implications.

Leia mais: OpenAI, Anthropic Model Tests Reveal More 'Unsanctioned' Actions
Bloomberg
Financial

India's Inflation Cushion 'Thinner' Than It Seems

The Reserve Bank of India kept its benchmark rate unchanged for a fourth straight review as it waits to see whether higher energy costs from the Iran war spill over into broader inflation. Prior to the decision, Standard Chartered Bank Head of India Economic Research Anubhuti Sahay told us the country's inflation has been benign so far, but the cushion is thinner than it appears. She speaks with Paul Allen on Bloomberg's "Insight with Haslinda Amin."

Leia mais: India's Inflation Cushion 'Thinner' Than It Seems