RJ Rivian finally has an AI story. I actually would like to stop asking why now. You're ready to talk a bit more about where Rivian feels its A.I. competencies are. Yes.So Rivian launched the first vehicles and end of 2021, and almost immediately following that, we began the process of designing the clean sheet approach to how we were to integrate across the business sets on the autonomy platform, and that's the background level of the vehicle and of course, with the enterprise. And in doing that, we redefi ...

Midterm Elections & Political Landscape - Republicans face increasing danger in the House and Senate, with polling suggesting potential losses in states like Ohio and North Carolina [1][2] - The coalition that brought the president into office in 2024 is now fractured, with Independents leaving, making it difficult to win competitive districts with just the Trump base [5] - Democrats' success in the Miami mayoral race indicates a potential generational shift in Cuban Republican politics and improved voter turnout efforts [9][10][11][12] - Democrats are focusing on affordability and quality of life issues, potentially gaining an edge over Republicans on healthcare and education [13][14] Congressional Agenda & Budget - Congress is expected to pass defense authorization [15] - There are growing voices in the GOP to address healthcare before the end of the year [16] - Another budget fight is anticipated at the end of January, raising the possibility of a government shutdown [19][20] Foreign Policy & Immigration - Immigration support decreased from 49% to 38% [3] - The Trump administration's focus on Venezuela is driven by the desire to topple Maduro and exert influence [6][7][8][9]

CREDIT FIRM. VICTOR, WHAT YEAR IT HAS BEEN FOR CREDIT. THIS IS AN INDUSTRY THAT HAS BEEN IN FEARS DEFENSE OF ITSELF, BLUE OWL VOCALLY SAYING YOU ARE WRONG, JAMIE DIMON.THINGS ARE NOT WRONG. YOU MAY BE SIDE A LITTLE MORE WITH JAMIE DIMON IN THIS ARGUMENT. VICTOR: WE ARE LIVING IN A WORLD WHERE IT IS TRULY A K-SHAPED WORLD.TECH, DATA CENTERS, FINANCING THEM, BUILDING THEM, GOING OUT WITH THESE VALUATIONS, THAT IS A VERY HOT MARKET. THERE IS A WHOLE OTHER PIECE OF THE INDUSTRY, THE BOTTOM PART OF THE K. WHEN W ...

Well, I think that the the unproductive bubbles I would describe as financial fads. Portfolio insurance was one, subprime mortgages was another. Just, you know, financial activities that become fashionable, zoom into popularity, get overhyped and then recede.But then there are bubbles which are based on technological progress, starting with the steam engine, the railroad, the radio, the automobile, computers, internet, etc.. And these actually push society ahead and change it irreversibly. But in the proces ...

The Disney story for now, because the lawsuit obviously is an allegation and opening. I said they're going to look into those. We don't have many details.But the Disney story for investors has to be the more important one, right. I mean, $1,000,000,000 investment from this iconic from the house of mouse in open air. Is that a vote of confidence that two stories that are very hard to put in the same sentence.So let's focus in more on what's happening with Disney right now, because they say that the first maj ...

Elsewhere in the next generation. Obesity shot by Eli Lilly helped patients lose almost a quarter of their body weight. In a recent study, the drug was so effective that some patients dropped out of the study because they lost so much weight.Bloomberg health reporter Madison Muller joins us to explain. Madison just how big of a step up is this in progress for these weight loss medications. Yeah.This is a huge step up. That's exactly right. I mean, this is the next wave of therapeutics, the next generation o ...

US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries. This is video that US Attorney General Pam Bondi posted on X showing heavily armed forces descending to the ship’s deck from a Black Hawk helicopter, in a standard commando-style tactic called “fast roping.” “For multiple years, the oil tanker has been sanctioned by the United States due to its involvement in an illicit oil shipping network supporting forei ...

Venezuelan dissident María Corina Machado finally arrived in Oslo, hours after her daughter accepted the Nobel Peace Prize on her behalf. Read more: http://bloom.bg/48I6Ja9 -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/Bloomberg Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https:/ ...

How concerned are you that we get a Federal Reserve that's more accommodative for a variety of reasons that leads to even more risk taking. This idea that not only did the Fed cut rates, indicated more rate cuts, but also is adding to its balance sheet in a way that could potentially prop up demand. Well, you know, I was thinking about this when I was waiting to see you today.You know, most of the people listening to this program, including me and you are interested in the free markets. And we think free ma ...

Trade and Geopolitical Factors - Trade deal timeline is uncertain, influenced by geopolitical developments more than bilateral trade issues [1][2] - A trade deal agreement would significantly boost Indian market sentiment by removing risk premium [4] - Trade uncertainties impact GDP projections, but domestic economy and exporter diversification mitigate negative effects [5] Economic Growth and Reforms - India's potential growth has likely increased due to decade-long structural reforms, including public infrastructure investment, digital infrastructure rollout, GST, and insolvency/bankruptcy code [8] - The economy has consistently outperformed expectations in the last five years post-COVID, suggesting potential for continued positive surprises in fiscal year 2026-2027 [11] - RBI estimates India's growth at 73% for fiscal year 2025-2026, and predicts around 67% for the next fiscal year [10] Consumption and Household Savings - Consumption is expected to strengthen, particularly in urban India, supported by GST reform and direct tax relief [12][14] - Rural consumption is performing well due to successive good monsoons and real wage/income growth [12][13] - India's household savings rate has increased from 49% of GDP in 2022-2023 to 6% of GDP, indicating improved household balance sheets [15] Rupee and Inflation - Weaker rupee improves the Indian trade balance on a net basis, offsetting import costs and benefiting exporters [17][18] - Rupee weakness reflects investor caution and is undervalued relative to India's economic fundamentals [20][22] - The rupee could be undervalued by 5% to 15% in real effective terms [24] - Lower inflation is seen as beneficial for the Indian economy, reflecting the impact of structural reforms on supply-side constraints [32] Aviation Industry - Recent disruptions in the aviation sector, such as flight cancellations, are expected to lead to better systems and resilience in the long run [38] - The long-term impact of aviation issues on Indian domestic and foreign tourism is not expected to be significant, given growing market and purchasing power [40]