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Bloomberg Businessweek Daily: Apple Growth Decelerates (Podcast)
Source: Bloomberg, 0:00
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Bloomberg Businessweek Daily: Apple Growth Decelerates (Podcast)
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Apple posted decelerating sales growth in its September quarter, with China revenue missing estimates, in its…
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Kumar: Costs, ICE Are Pushing Latinos Toward Democrats
Maria Teresa Kumar, President and CEO of Voto Latino, says Latino voters in Texas’ Rio Grande Valley who moved toward President Trump over the economy and border security are now being pushed back toward Democrats by high costs, tariffs…
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DOJ Rejected by Supreme Court on CA Ballots, Apple Earnings
Source: Bloomberg, 0:00
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Democrats Could Flip Senate Seat in North Carolina
Bloomberg's Erik Wasson joins "Balance of Power" to discuss the election day races in North Carolina. Former Governor Roy Cooper, a Democrat is expected to defeat Michael Whatley in a Senate race. But other contests are expected to be…
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North Korea Denies Role in $6.3 Billion Binance Crypto Heist
North Korea rejected US claims that it was behind the theft of more than $6 billion in cryptocurrency from Binance, after the FBI blamed Pyongyang for the biggest crypto heist on record.
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Supreme Court Will Not Set Aside Some California Ballots
The US Supreme Court rejected the Trump administration’s bid to set aside thousand of ballots from California. The administration said the votes were from 20,000 "likely" noncitizens. The justices refused to get involved in the case…
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Latest Oil Market News and Analysis for Nov. 3
Oil steadied after its biggest slump in more than three months, with the US and Iran signaling a willingness to pursue peace talks as the war in the Middle East enters its ninth month.
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South Korea Inflation Holds Firm, Bolstering Case for More Hikes
South Korea’s inflation remained elevated in October, underscoring price pressures as the central bank weighs further interest-rate increases following a pause last month.
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Robinhood CFO on Retail IPO Demand, Agentic Trading
Robinhood is competing with other retail brokerages over access to Anthropic's mega-IPO and others as they come to market. CFO Shiv Verma says the company continues to see demand for IPO access, adding, "We're making sure the companies…
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Michigan Midterms, Apple Earnings & the Tech Selloff
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 Edward Jones Head of Investment Strategy Mona Mahajan, Detroit Regional…
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Diamondback Forecasts Permian to Also Be Gas King by Next Decade
Diamondback Energy Inc. said the Permian Basin, home to the nation’s most productive oil field, will also become the biggest natural gas play in the US sometime in the 2030s.
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Earnings Special: Apple's Forecast Disappoints (Podcast)
Source: Bloomberg, 0:00
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Inspector General Hits Pulte Over ‘Unprecedented’ Obstruction
The nation’s top housing regulator took “unprecedented” steps to hinder investigations by its inspector general, the watchdog told lawmakers in a report published Monday.
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Trump’s DOJ Rejected by Supreme Court on California Ballots
The US Supreme Court rejected the Trump administration’s bid to force thousands of California ballots to be set aside in the midterm election, dealing the president a high-profile setback as he presses his unproven claims of widespread…
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Apple Sales Meet Estimates, China Is a Weak Spot
Apple posted September quarter revenue that narrowly topped analysts’ estimates, even as sales in the key Chinese market fell short of projections. Revenue rose 12% to $114.5 billion during the fiscal fourth quarter, which ended Sept. 26…
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Apple Looks Very Smart in Modest AI Spend: Tom Forte
Tom Forte of Maxim Group says he is especially interested in commentary on the December quarter, when the latest iPhone models will have had more time to affect sales. He said initial demand for the new iPhone duo appears strong and…
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iPhone Duo Sales To Hit 7M in 2026, Predicts IDC Sr. Director
IDC Senior Director of Data & Analytics Nabila Popal says Apple’s iPhone results beating analyst expectations were not surprising. IDC’s preliminary shipment data showed iPhones outperforming a smartphone market that had suffered a…
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Grab Boosts Sales, Earnings Forecasts on Rising Ride Demand
Grab Holdings Ltd. raised its full-year revenue and profit forecasts after quarterly earnings beat estimates, signaling confidence that rising ride-hailing and food-delivery demand across Southeast Asia will offset regulatory hurdles.
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Iowa Becomes Real Test for Trump and GOP
President Donald Trump is looking to keep Iowa in Republican control. Senate candidate Ashley Hinson is in a tight race to hold on to retiring GOP Senator Joni Ernst's seat. There is also an open governor's race and several House battles…
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Macquarie Quants Pick Point of Law as Melbourne Cup Winner
Macquarie Group Ltd.’s quants are predicting Point of Law as the winner of the Melbourne Cup on Tuesday.
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Burnham to Urge Debt Reform for Poorest Commonwealth Nations
UK Prime Minister Andy Burnham will propose a restructuring of national debt to help the poorest Commonwealth countries after he rejected their calls for financial compensation for the transatlantic slave trade.
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Nasdaq Slide Clouds Asian Open, Oil Falls on Iran: Markets Wrap
Asian technology stocks looked set for losses Tuesday after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices on hopes for diplomatic progress toward ending the war in Iran.
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Anthropic Taps Macquarie, CommSec for Australia IPO Retail Offer
Anthropic PBC has tapped eight firms including Macquarie Group Ltd. and Commonwealth Bank of Australia’s CommSec unit for its Australian retail offer ahead of its highly anticipated Nasdaq debut that’s set to be among the largest ever…
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