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Oasis Drops Board Nominees in Vail Resorts Proxy Battle
Bloomberg's Mengqi Sun joins Dani Burger on "Bloomberg Deals." Activist investor Oasis is dropping two of its four board nominees in its proxy challenge at Vail Resorts. (Source: Bloomberg)
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Canadian Oil at Widest Discount to US Prices Since 2018
Canadian heavy crude prices reached their weakest relative to US oil futures since 2018, when a massive pipline bottleneck prompted Alberta’s government to impose production limits on the largest producers.
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Marvell to Acquire Lumentum in Historic $115B Tech Deal
Bloomberg's Liana Baker joins Dani Burger on "Bloomberg Deals." Marvell agreed to buy Lumentum Holdings at an enterprise value of $115 billion, clinching one of the largest technology deals in history in a push to capitalize on runaway…
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Balance of Power: Polls Open Nationwide (Podcast)
Source: Bloomberg, 34:30
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Strong Youth Voter Turnout, Midterms Break Records, More
Source: Bloomberg, 0:00
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Stock Movers: Meta, Palantir, Disney (Podcast)
Source: Bloomberg, 0:00
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Anthropic Commits to $895B in Spending as Mega-IPO Nears
Bloomberg's Bailey Lipschultz joins Dani Burger on "Bloomberg Deals." Anthropic disclosed a twelve-fold increase in quarterly revenue while revealing that it intends to spend more than $895 billion in the years ahead. The AI company is…
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M&A Doesn't Hinge on Congressional Control: Katz
Michal Katz, head of investment & corporate banking at Mizuho Americas, joins Dani Burger on "Bloomberg Deals." They discussed the future of M&A amid the US midterms, the importance of scale in dealmaking, and deals connected to AI…
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Speed-To-Market Key For Data Centers: Kalka
Pankaj Sachdeva, senior partner & lead global data center practice at McKinsey & Company, and Melissa Kalka, M&A, private equity partner at Kirkland & Ellis, join Dani Burger on "Bloomberg Deals." Midterm voters will be considering…
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Appeals Court Lifts Election Limits on Trump Administration
A US appeals court has once again halted a judge’s order that barred the Trump administration from demanding state and local officials set aside certain ballots and threatening criminal prosecutions related to Tuesday’s midterm contests…
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Some 'Overexuberance' In AI: Sadek Wahba
Sadek Wahba, founder, chairman and managing partner at I Squared Capital, and author of "Build: Investing in America’s Infrastructure", joins Dani Burger on "Bloomberg Deals." I Squared Capital closed its second infrastructure credit fund…
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Weil Gotshal’s 95-Year History Careens To A Close
Bloomberg Law's Roy Strom joins Dani Burger on "Bloomberg Deals." US law firm Weil Gotshal & Manges collapsed this week after failed merger talks, marking the stunning downfall of a 95-year-old firm. (Source: Bloomberg)
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Uber President, Longtime Executive Hazelbaker Departs for OpenAI
Uber Technologies Inc. President Jill Hazelbaker is leaving the ride-hailing giant to lead communications at OpenAI, becoming the latest veteran executive to depart Uber this year.
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Apple's Happy Holiday Forecast Overshadowed by Shrinking Margin
Bloomberg’s Ed Ludlow breaks down Apple's earnings, which signal strong holiday demand, but show that high memory costs and greater spending on AI will squeeze margins. Plus, Disney plans thousands of layoffs as it aims to cut 20% of costs…
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How Much Should Anthropic Pop?
Pre-IPO perps, hedge fund track records and fake job interviews.
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Delivery App Grab Sees Return on AI, Says CFO
Grab CFO Peter Oey says the company is seeing returns from its use of AI tools in the form of higher spending by customers. The ride-hailing, delivery and financial services app raised its full-year revenue and profit forecasts. Oey joins…
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Midterm Pickups Could Change 2028 Map Says Jim Messina
Jim Messina, CEO of Fortius Global, said that he is 'cautiously excited' about Democrats' midterm chances, but signaled that he's not taking anything for granted before key races are called. Messina, who served as former President Barack…
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Disney Plans Thousands of Layoffs Companywide
Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg's Chris Palmeri…
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Apple's Upbeat Outlook Overshadowed by Margin Squeeze
Apple predicted revenue growth of 7% to 10% during the holiday season, but a warning that gross margins would be smaller due to higher memory costs and expenses related to the new Siri AI digital assistant, weighed on the stock…
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AllianceBernstein’s Yu Urges Investors to Diversify Beyond AI
Investors who rode the technology rally this year should look beyond the biggest tech stocks as growing doubts about the artificial intelligence boom rattle markets, says AllianceBernstein’s head of equities Nelson Yu.
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Bloomberg News Now
US Midterm Election Day Democrats Cautiously Optimistic about Results 2026 Most Expensive US Election in History Voters Go to Polls while Gasoline Averages Over $4 per Gallon No Major Moves on Wall Street as Markets Await Election Results…
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Midterms Setting Cost, Voting Records, US to Cut Israel Aid
Source: Bloomberg, 0:00
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Bank of Canada Says Fiscal and Monetary Policy Aren’t at Odds
Bank of Canada Governor Tiff Macklem said Prime Minister Mark Carney’s fiscal plans aren’t yet making it harder for the central bank to control inflation.
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