Swin Cash on the WNBA Boom
Swin Cash, Basketball Hall of Famer and Studio Analyst at WNBA on Prime discusses the growth of the WNBA with Bloomberg's Randall Williams at Bloomberg Power Players 2026 in New York.
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Swin Cash, Basketball Hall of Famer and Studio Analyst at WNBA on Prime discusses the growth of the WNBA with Bloomberg's Randall Williams at Bloomberg Power Players 2026 in New York.
Elon Musk's Boring Co. secured $3 billion in fresh investment backed by the United Arab Emirates and affiliated entities, in a funding round valuing Elon Musk's tunneling startup at $23 billion. Bloomberg's Kiel Porter has the details and joins Ed Ludlow on "Bloomberg Tech."
Apple unveiled the company's first foldable smartphone during a wide-ranging event Wednesday, betting that a new category can energize growth for its best-selling lineup. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech" to break it all down.
Macy's Inc. tumbled after the company's third quarter guidance left investors unimpressed, overshadowing a strong quarterly performance and increase in outlook. Bloomberg's Emily Cohn joins to discuss.
Tina Fordham, Founder & Chief Geostrategist at Fordham Global Foresight, joins to discuss her new book, 'Mad World: A Geostrategy Survival Guide for Leaders,' and why she believes the world has entered a "geopolitics supercycle." Fordham argues that geopolitical disruption is becoming a structural feature of the global economy, driven by conflict, cyberattacks, tariffs, sanctions and climate-related shocks rather than a temporary period of instability. Fordham also examines what the changing global order means for markets, CEOs and investors, including the evolving U.S. role in global security and trade, the war with Iran, elevated energy prices and risks surrounding strategic shipping chokepoints. She explains why business leaders need to balance the opportunities created by AI and technological innovation with a volatile geopolitical landscape. Fordham speaks with Lisa Mateo and Paul Sweeney on Bloomberg Surveillance.
A measure of producer price inflation showed renewed pressure from rising energy prices last month, potentially adding to the case for an interest-rate hike at the Federal Reserve's meeting next week. The producer price index rose 0.4% in August from the prior month the most since May and 5.4% from a year earlier, according to Bureau of Labor Statistics data out Thursday. Excluding food and energy, the gauge advanced 0.2% last month and 4.6% from a year ago. Thursday's figures come a day ahead of the latest update to the consumer price index, which is expected to show so-called core inflation was relatively modest even as rising gasoline prices boosted the headline measure. Some Fed officials have signaled the interest-rate decision at their Sept. 15-16 meeting may come down to what this week's reports reveal. We get reaction from Anna Wong, Chief US Economist for Bloomberg Economics.
The AI boom is entering a new phase, where electricity could become the biggest constraint. Switchyard Partners CEO Joe Kaiser joins Bloomberg Open Interest to explain why data centers may increasingly move to stranded power, why capitalism could produce better AI guardrails and why dramatically lowering compute per task will be key to sustaining the next wave of AI investment.
On this episode of Stock Movers: - Macy's (M) shares are lower, erasing an earlier advance, as investors weigh much better-than-expected comparable sales and adjusted EPS in the second quarter against a less robust third-quarter guidance. The full magnitude of the 2Q beat is not reflected in the annual guidance boost. - American Eagle (AEO) is falling after the apparel firm's second-quarter total comparable sales fell short of the average analyst estimate. - JetBlue (JBLU) shares are falling after the airline slashed its available seat miles forecast for the third quarter.
Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management, looks ahead to the September Fed meeting with Bloomberg's Bailey Lipschultz and Vonnie Quinn on "Open Interest."
Apple unveiled the company's first foldable smartphone during a wide-ranging event Wednesday, betting that a new category can energize growth for its biggest-selling lineup. The iPhone Duo will start at $1,999 and cost up to $3,199. This was the first product reveal event for the new CEO John Ternus. Bloomberg's Ed Ludlow was there and reports from Apple Park in Cupertino, California.
Syzygy Asset Management Chairman Rob Arnott says the U.S. market looks frothy and expensive and warns that investors should not short a bubble, since bubbles can keep rising sharply before reversing. He speaks on "Bloomberg Open Interest."
Macy's shares fell after the retailer offered third quarter guidance that disappointed investors. Bloomberg's Romaine Bostick spoke to CEO Tony Spring on the phone and has more.
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