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What’s Behind Silver’s Winning Streak? | Presented by CME Group
Bloomberg Television· 2025-11-04 22:14
[Music] In April 2025, the gold to silver ratio surged to nearly 105, meaning it took 105 ounces of silver to buy 1 oz of gold. That level was surpassed only once in the past 50 years, and that was during the market panic in early 2020. Now, in periods of market stress, gold often moves higher first, leaving silver behind, and that's exactly what happened this year.But the catch-up has been remarkable. Silver's jumped 65% in just 5 months, pulling the ratio back to 79, which is much closer to the long-term ...
Palantir Drops on AI Valuation Concerns; Hertz Soars on Profit Beat | Stock Movers

Bloomberg Television· 2025-11-04 21:51
Company Performance - Palantir's revenue has exceeded analysts' estimates for 21 consecutive quarters [1] - Hertz swung to a third-quarter profit, aided by lower depreciation, with net income of $184 million, or $0.42 per share, compared to a loss of $1.33 billion, or $4.34 per share, the year prior [4][5] - Uber's total bookings grew 21% to $49.7 billion for the quarter, topping estimates [8] Market Trends and Analysis - Palantir's valuation is under scrutiny, with investors questioning the sustainability of the AI rally [1] - Palantir's stock has soared more than 170% this year, with a price-to-sales ratio of 85 as of Friday, the highest in the S&P 500 index [2] - Investors desired more guidance from Palantir regarding the following year and a clearer sense of the outlook for 2026 [3] - Uber's stock declined despite crushing earnings estimates due to a miss on third-quarter operating income and an adjusted earnings forecast for the current period falling short of estimates, partially attributed to undisclosed legal and regulatory matters [7] Strategic Initiatives - Hertz is swapping out older cars for newer fleet and selling used cars on Amazon to offload vehicles to retail buyers for higher profits [4][5] - Netflix is in talks to license video podcasts distributed by iHeartMedia, potentially competing with YouTube [9]
Tesla’s $1 Trillion Musk Award Opposed by Norway Wealth Fund
Bloomberg Television· 2025-11-04 21:48
The size of this fund and their position in the sort of ranks of Tesla shareholders make this a pretty big piece of news. And yet, I do think it's worth considering, too, that we only have to go back to just last year, the last time that this very fund voted against a Musk pay package. And yet shareholders, you know, in total ended up, you know, passing a pay package for Musk by a pretty comfortable margin.That was, you know, shareholders voting on re ratifying the 2018 award that the judge in Delaware thre ...
Trump Says Carney Apologized for Ad, But Canada Talks On Hold
Bloomberg Television· 2025-11-04 21:44
No, but I I have a very good relationship. I like him a lot. But you know what they did was wrong.He was very nice. He apologized for what they did with the commercial because it was a false commercial. You know, it was the exact opposite.Ronald Reagan loved tariffs and they tried to make it look the other way. Eddie did apologize and I appreciate. ...
Upwork CEO: Humans are back, businesses need them to oversee AI
Bloomberg Television· 2025-11-04 21:15
We saw the growth of uh clients engaging in AI work up 45% in the quarter and so really it's showing that businesses really need to find the talent to meet the moment both for traditional AI skills like prompt engineering which was up 70 plus% but also in other categories that everyone said would be dead to your comments earlier around where is AI destroying jobs you know in the past we have seen some erosion in small jobs and categories like writing and translation those categories are actually now stabili ...
NYC Race: Mamdani Says Any Victory Would Be a Mandate
Bloomberg Television· 2025-11-04 21:01
Just the vibe right now in Brooklyn as more voters head to the polls. Like I said, there's already been record turnout in early voting. But what are you seeing on the ground now.Yeah. You know, if you look at the early voting tallies, the neighborhood, one of the neighborhoods that voted in the highest numbers was Windsor terrorists, which is not too far from where I'm standing. Definitely a liberal or a center left stronghold in the Democratic voting base in this city.And they will be a crucial part of dec ...
Trump and Xi Seek Stable US China Relations in Meeting
Bloomberg Television· 2025-11-04 20:11
We will be having some discussions. I think we've already agreed to a lot of things and we'll agree to some more right now. Uh but uh President Xi is a great leader of a great country and I think we're going to have a fantastic relationship for a long period of time.>> China's relations have remained stable on the whole >> given our different national conditions. We do not always see eye to eye with each other. And it is normal >> for the two leading economies of the world to have frictions now and then.You ...
Trump Says US Not Considering Venezuela Strikes
Bloomberg Television· 2025-11-04 20:11
There are reports that you are considering um strikes within Venezuela. Is that true. No.That you made a decision on that. ...
Carney Says He Apologized to Trump Over Tariff Ad
Bloomberg Television· 2025-11-04 20:09
I did apologize uh to the president. Um president was offended by the act uh or by the ad rather. Um and uh it's not something I would have done which is uh to put in place uh uh put in place that advertisement and so I apologize to him.I'm the one who is responsible in my role as prime minister for the relationship with the president of the United States and the federal government is responsible for uh the foreign relationship with the uh the US government. Uh so things happen. We take the good with the ba ...
LIVE: Zohran Mamdani's Victory Speech in New York City
Bloomberg Television· 2025-11-04 19:51
Zohran Mamdani won the New York City mayoral race, according to AP, in a campaign that shocked the political establishment and will thrust the city further into President Donald Trump’s sights. ...