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Bloomberg

Aluminum Traders Brace for Turmoil as Iran Crisis Chokes Supply

The Iran war is sending shock waves through the global aluminum industry, with manufacturers facing a spike in prices and traders expecting widespread suspensions of supply contracts unless flows through the Strait of Hormuz resume quickly. Aluminum is the most ubiquitous industrial metal after steel, but in recent years the market has been periodically rocked by supply shocks that have exposed fragilities in the complex network of bauxite mines, alumina refineries and aluminum smelters that supply to manufacturers around the world often in highly specialized forms that can't readily be replaced. Timna Tanners, Managing Director of Equity Research at Wells Fargo Securities, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec from the Bloomberg Invest conference in New York City.

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Bloomberg

Alex Lasry: Moving Into Execution Mode on FIFA World Cup

FIFA World Cup 26 NYNJ Host Committee CEO Alex Lasry believes that the New York-New Jersey area is 'more than ready' for the upcoming games, citing an emphasis on four key pillars: security, transportation, fan engagement, & economic impact. He talks with Romaine Bostick and Katie Greifeld on "The Close."

Leia mais: Alex Lasry: Moving Into Execution Mode on FIFA World Cup
Bloomberg

MongoDB Tumbles as Weak Forecast Revives Concerns

MongoDB shares fell over 20% in Tuesday's session after the database software company gave weaker-than-expected forecasts for full-year revenue and first-quarter adjusted earnings. Its fiscal 2027 sales-growth outlook was below consensus, reviving analyst and investor concern about expansion amid an intensifying product race, and signaling rising competition and slower expansion of customer wallets. The company's recent quarters showed better execution, but 2027's revenue guidance implies year-over-year deceleration. MongoDB President and CEO CJ Desai joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Leia mais: MongoDB Tumbles as Weak Forecast Revives Concerns
Bloomberg

How the Investing World Is Reacting to Iran War

President Donald Trump warns strikes on Iran could last weeks and tells Tehran to stand down. Oil surges the most in four years as tanker traffic stalls in the Strait of Hormuz and a key Saudi refinery shuts down. As tensions escalate, inflation fears roar back piling new pressure onto markets already on edge. Bloomberg Invest panelists react to the news at our event in New York.

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Bloomberg

On CEO: See Incredible Demand Across Asia

On Holdings shares dipped Tuesday following a net sales outlook falling short of estimates. Despite the company having its worst trading day since August, On Holdings CEO Martin Hoffmann believes demand in the company 'remains extremely strong,' calling On the 'hottest brand out there.' He discusses sales growth, product innovation, and celebrity partnerships with Romaine Bostick on "The Close."

Leia mais: On CEO: See Incredible Demand Across Asia