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GOP Faces Midterm Fallout, Qualcomm Weak Forecast, More
Source: Bloomberg, 0:00
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Asian Markets React as Trump Cools Iran Fears
President Trump stated he has no immediate plans for further strikes on Iran, easing geopolitical risk across the region. The remarks triggered a sharp decline in crude oil and fueled a broad rally across Asian equities. (Source: Bloomberg)
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Bloomberg Law: Can Democrats Change SCOTUS? (Podcast)
Source: Bloomberg, 24:12
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Trump Talks Ballroom & Arch After Election Loss
Bloomberg's Jeff Mason joined the show to discuss the White House reaction to Republican midterm losses, President Trump's focus on the ballroom and Trump's acknowledgment that higher gasoline prices tied to the Iran war contributed to the…
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Scudder Says Texas Is Not for Sale
Kendall Scudder, Texas Democratic Party Chair, says Democrats' statewide wins in Texas were the result of people working hard over multiple election cycles and rebuilding the party's infrastructure. Scudder says Elon Musk got a tough…
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Panetta Says Voters Sent Trump a Message on Iran War
Leon Panetta, former Secretary of Defense and White House Chief of Staff, says whether Susie Wiles remains White House Chief of Staff depends on her relationship with President Donald Trump, a relationship Panetta says appears to be good…
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Nextdc Surges on Report of Goodman, Digital Realty Buying Stake
Nextdc Ltd. shares jumped the most since 2010 after the Australian Financial Review reported that data-center developer peers Goodman Group and US-listed Digital Realty Trust Inc. had taken a substantial interest in the company.
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Businessweek Daily: Dems Stage Midterm Sweep (Podcast)
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Riding a tide of voter angst, Democrats swept into power in Congress, with outrage over the cost of living…
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Latest Oil Market News and Analysis for Nov. 5
Oil steadied after tumbling around 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the months-long Iran war.
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Rich Chinese Flock to Hong Kong Jewelry After Tax Crackdown
Hong Kong’s jewelry and watch sales have surged to their highest level since 2019 despite China’s broader luxury slowdown, as the rich turn to gold and gemstones to preserve wealth amid Beijing’s tightening grip over their offshore…
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Upbeat Earnings Bolster Case for India Stocks as Asia Wavers
Indian equities are gaining an edge in Asia as stronger earnings and a nascent return of foreign investors bolster the case for further outperformance.
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Malaysia Set to Hold Rates on Strong Growth, Signal Hike in 2027
Malaysia’s central bank is expected to keep interest rates unchanged at its final policy meeting of the year on Thursday while signaling scope for a hike early in 2027 as economic growth remains strong.
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Bloomberg Businessweek Daily: Dems Stage Midterm Sweep (Podcast)
Source: Bloomberg, 0:00
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Democratic Sweep, Markets Rally & AI Stocks Slide
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Wealth Management Executive Director, Head of Policy &…
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Edward Jones’ Andy Blocker on US Midterm Elections
Andy Blocker, Head of Policy, Regulatory and Government Relations at Edward Jones, said research shows nearly 85% of Americans are experiencing some form of financial stress. Drawing on about 100,000 client conversations a day across all…
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GOP Confronts Midterm Losses, Qualcomm Tepid Profit Outlook
Source: Bloomberg, 0:00
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DBS Profit Misses Estimates on Trading Income, Names Lim Chair
DBS Group Holdings Ltd. posted quarterly earnings that missed analyst estimates, as a tumble in markets trading income dampened gains from lending and wealth. The bank also announced a new chairman.
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Isomorphic Labs in Talks for About $5 Billion in Funding
Alphabet Inc.’s Isomorphic Labs is in talks to raise roughly $5 billion in new funds to support its efforts to use artificial intelligence for drug discovery, according to people familiar with the matter.
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Only One Town Out of Dozens in US Voted in Favor of Data Centers
Voters in dozens of towns across the US sent a clear message against data centers in Tuesday’s elections — with one notable exception.
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Host Hotels & Resorts CEO on 3Q Quarterly Results
Host Hotels & Resorts raised its full-year outlook, including adjusted EBITDA and comparable hotel RevPAR growth. CEO and President Jim Risoleo discussed the acquisition of 1 Hotel Brooklyn Bridge, the fourth 1e Hotel in Host’s portfolio…
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Economic Frustrations Flip GOP Strongholds Blue
Democrats scored sweeping victories in the midterm elections, taking control of both chambers of Congress and making unexpected gains in traditionally Republican territory. Schwab political analyst and host of the WashintgonWise Podcast…
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248 Ventures’ Bell on What Qualcomm’s 4Q Mean for Tech
Discussing Qualcomm and Arm Holdings after earnings, Lindsey Bell, Chief Investment Strategist at 248 Ventures, says semiconductor shares’ weak performance may reflect uncertainty about how sustainable the industry’s rapid revenue and…
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