Another Record Setting Day for US Equities | 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.
Getty Images (NYSE:GETY) posted first-quarter revenue of $226.6 million, a 1.1% increase year-over-year.
Denise Paulonis, President and CEO of Sally Beauty Holdings, said that the beauty industry remains resilient to concerns around affordability as consumer remain consistent in buying beauty products that 'matter to them' like hair dye and nail accessories even if they are not replacing pricier items. Paulonis said that she remains optimistic about her company's growth as consumers explore new e-commerce avenues like the TikTok Shop.
Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ."
Rezolve AI CEO Dan Wagner discusses the reason behind his company's hostile bid for Commerce.com, including what he called an "embarrassing growth rate" by the takeover target. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Angi CEO Jeff Kip joins Bloomberg's Carol Massar and Tim Stenovec to discuss the company's latest earnings, AI efforts, and Angi's outlook on the housing market.
Nicolas Laqua, CEO of Corgi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." Corgi recently launched 34 new ETFs as it looks to draw attention in the industry.
Brandon Pugh, Principal Cyber Advisor to the Secretary of the Army joins to discuss the current state of cyber security in the US. As well as the the importance of being on the cutting edge of cyber research.
South African President Cyril Ramaphosa said he will not resign during a televised address to the nation on Monday. "To do so would be to give credence to a panel report that unfortunately has grave flaws," he said. An independent panel found Ramaphosa may be guilty of serious misconduct in relation to the theft of money at his game farm. (Corrects spelling of Ramaphosa)
Hardika Singh, Fundstrat Economic Strategist says that tech stock earnings are really driving the stock market more than the war in Iran. A renewed advance in oil prices sent bonds lower after the US and Iran failed to agree on terms to end their war, dashing hopes for a revival of the Strait of Hormuz while stoking inflation concerns. The Treasury market, which has priced out the odds of Federal Reserve rate cuts this year amid the Middle East conflict, saw an increase in yields. Another rally in chipmakers left the S&P 500 at all-time highs, but most of the US equity benchmark's shares retreated
Cinthia Murphy, investment strategist at TMX VettaFi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ."
Heather Conley, a senior fellow at the American Enterprise Institute, said President Trump goes into his summit in China this week in a weakened position because of the continuing standoff with Iran after he rejected Tehran's latest peace offer. She also discussed the Ukraine ceasefire and what this means for the future for the region.