Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.
Kyle Kondik, managing editor of Sabato's Crystal Ball at University of Virginia's Center for Politics, said that progressives candidates winning primary races may cost Democrats success in winnable seats, but that he is not taking it for granted that those candidates will underperform, and if they do, that they will also lose.
Robert DeNault, Kalshi's head of enforcement and legal counsel, responded to a lawsuit brought New York State, saying that he is concerned about overreach coming from Attorney General Letitia James's office. DeNault defended Kalshi's operations saying that his company is platforming open marketplaces, not functioning as a casino or a sportsbook.
Larry Ashchebrook, founder and managing partner of G Squared, said it is his job to get involved in the 'companies of tomorrow' before they're household names and that his company took a 'contrarian' view to get involved with Anthropic, Polymarket and Nscale, early on. Aschebrook also talked about the macro environment, saying that he sees some macro headwinds in the next few months, including the US election and a potential interest rate hike.
Douglas Bergeron, founder of DGB Investments, joins Dani Burger on "Bloomberg Deals." DGB Investments founder Douglas Bergeron has built a stake in Ethan Allen Interiors and is pushing to replace the furniture company's entire board of directors.
Lara Brown, political scientist and author of the forthcoming book: Jefferson's Landmark Deal: The Politics of the Louisiana Purchase, said that Democrats are experiencing 'completely normal cycle' for a party that lost the last presidential election, as it searches for its new path forward. Brown said that Democrat primaries last night, including Abdul El-Sayed's win over Hailey Stevens in Michigan, don't paint a major narrative other than the role of the economy.
Kimberly Petillo-Décossard, global co-head of M&A White & Case, joins Dani Burger on "Bloomberg Deals." They discuss the current state of dealmaking, market volatility, and how the federal regulatory environment affects the flow of deals.
Bloomberg's Laura Benitez joins Dani Burger on "Bloomberg Deals." Apollo Global Management reported record revenue from fees as it vies to be one of Wall Street's largest lenders.
Former Assistant Secretary of State Barbara Leaf said that a potential deal between the US and Iran on the Strait of Hormuz would simply reset the negotiating table for more detailed discussions on the wider war and that she does not believe there is credibility to President Trump's threats that this is Iran's 'last chance' to come to the table. Leaf said that in terms of negotiation timeline, she believes it would be 'exceptionally difficult' to reach durable agreements by November.
Julia Moore, co-founder and managing partner at Breakout Ventures, Emily Zhao, managing director of Salesforce Ventures, and Daniel Docter, managing director at Dell Technologies Capital, join Dani Burger on "Bloomberg Deals."
Bloomberg's Todd Gillespie joins Dani Burger on "Bloomberg Deals." Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.
Zoox is entering a new phase of its business as it's getting ready to launch paid robotaxi rides in Las Vegas, becoming the first company in the US to charge for rides in a purpose-built, steering wheel-free autonomous vehicle. Zoox CEO Aicha Evans joins Bloomberg to discuss pricing, expansion plans and production ramp-up. She joins Ed Ludlow on "Bloomberg Tech."
