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Amtrak Says New Infrastructure Can Help Trains Go Faster
Bloomberg Television· 2025-11-21 17:50
Talk to us, first off about the year that was and are more people, Roger, choosing the train because of the reliability problem of planes. Ira, good to be here today. Thank you.Yeah. So let's talk about 2025. This is a great time to be here at Amtrak.I'm certainly very excited about it. We just had our record year in terms of ridership. We carried 34 and a half million customers, and I think we did that by running a good railroad, focusing on things like on time performance, cleanliness, customer service.Th ...
How Does the Consumer Feel ahead of Black Friday?
Bloomberg Television· 2025-11-21 17:13
So let's let's talk a little bit about this consumer, because that cautious optimism, it's there. You know, you talk to certain people. Other folks would say that the consumer is totally tapped out and there's just not that much pricing power left when it comes to these retailers.And I wonder, you know, when you survey the landscape, what do you see right now. Well, it's funny. I don't know who TransUnion is, but I don't know how you get answers to a survey like that.I am a cynic when it comes to surveys. I ...
The godmother of #ai isn't worried about a bubble | The Mishal Husain Show
Bloomberg Television· 2025-11-21 17:03
Market & Investment - Concerns exist regarding a potential bubble in AI, similar to the dot-com bubble, due to substantial investments flowing into a limited number of companies [1] - The AI sector is still nascent, requiring significant scientific and technological advancements, thus continued resourcing is crucial [1][2] - The market for AI is expected to expand across various sectors, including software engineering, creativity, healthcare, education, and financial services [2] Technology & Development - AI development faces significant scientific challenges [1] - Scientific and technological breakthroughs require substantial effort and resources [2]
Zelenskiy Says Ukraine Faces a tough choice: Lose its dignity or a key partner in the US
Bloomberg Television· 2025-11-21 17:02
Зараз один з найважчих моментів нашої історії. Зараз тиск на Україну один з найважчих. Зараз Україна може опинитися перед дуже складним вибором.Або втрата гідності, або ризик втрати ключового партнера, або складні 28 пунктів, або вкрай важка зима. Найважча та подальші ризики. життя без свободи, без гідності, без справедливості і щоб ми вірили тому, хто напав вже двічі.Ми не робимо гучних заяв. Ми будемо спокійно працювати з Америкою та усіма партнерами. Буде конструктивний пошук рішень з нашим головним парт ...
Cannabis Is In, Booze Is Out for the Holidays
Bloomberg Television· 2025-11-21 16:57
Market Trends & Consumer Behavior - Cannabis is becoming more accepted and normalized, even finding its way onto holiday dinner tables [1][2] - Alcohol consumption is at its lowest level in decades, with over half of respondents substituting cannabis for alcohol at least weekly [2][3] - The day before Thanksgiving is the second biggest sales day for the U S legal cannabis industry [4] - A cultural shift is making its way into some holiday dinners [8] Industry Growth & Financials - The U S legal cannabis industry was valued at just over $30 billion last year [4] - The cannabis market is forecasted to grow 4% this year to $31 6 billion [4] - The market is expected to reach $39 1 billion by 2029 [5] Legal & Regulatory Landscape - Despite state legalization, cannabis is still considered a Schedule one drug at the federal level, limiting access to banking investment and broader legitimacy [7] - Uncertainty at the federal level remains a significant hurdle for the industry [7][8]
Hon Hai: US Capex for Data Center To Start at $1-5 Billion
Bloomberg Television· 2025-11-21 16:54
What about in terms of the compute capacity. Talk about it in gigawatts, then a gigawatt per week working the goal of one gigawatt per week. That would be sense goal, but we can start with one gigawatt per month. So you think you can add one gigawatt per month next year, starting next the second half of the year, second half of the year. So you think you can add six gigawatts next year.I'm not sure. It really depends on our starting our new way of doing things. It takes time.But eventually we will. We're go ...
Fed’s Williams Sees Room for a Near-Term Rate Cut
Bloomberg Television· 2025-11-21 16:52
Monetary policy is very focused on balancing the downside risks to our maximum employment goal and the upside risk to price stability. My assessment is that downside risks to employment have increased as the labour market has cooled, while the upside risks to inflation are less than somewhat. Underlying inflation continues to trend downward.Absent any evidence of second round effects emanating from tariffs. But for these reasons, I fully supported the FOMC decisions to reduce the target range for the federa ...
Ukraine, European Allies Reject Key Parts of US-Russia Plan
Bloomberg Television· 2025-11-21 16:52
What's going on and why is this so difficult to get across the line. Yeah, Jonathan, I mean, this is the 28 point plan that really arrived. Kind of like a bombshell here in Brussels over the last 24 hours when we actually got all of the 28 points spelled out by the Trump administration.The starting line, the beginning point of the negotiation between Ukraine and Russia has landed very, very poorly indeed for the Ukrainians and for Brussels. And as a consequence of that, now, European leaders are reacting to ...
Fed Speak Has Spooked Markets, Roland Says
Bloomberg Television· 2025-11-21 16:19
Emily You know, clearly crypto is still still a kind of niche part of the market, even if Main Street is adopting it to some extent. Bitcoin is worth the one and two thirds trillion dollars though, so you can't really look away. And it represents animal spirits.You know, I guess your risk aversion pretty well. What do you think about the fact that we've gone from 126 on Bitcoin down to 84 in like a month. Yeah, we would say, Matt.Don't get too sentimental about sentiment. And Bitcoin is the poster child for ...
Porsche’s Electric Cayenne SUV Gets a Cold Reception
Bloomberg Television· 2025-11-21 16:03
Everybody's having a tough time with this. You look at companies like Ford and General Motors. They lose money on every EV they make.They've reported that it's a big drag on their earnings. They make a lot of money because they sell big SUVs and pickup trucks that have huge margins on them. Porsche doesn't have that.They do have actually, because they should be making good money, but they put a lot of money into EVs because they want to be a player in China. Luxury buyers actually do like these. They're not ...