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Ross Gerber blames Elon Musk over EV tax credit loss #shorts #elonmusk #musk #tesla #taxcredit
Bloomberg Television· 2025-10-08 19:30
EV Tax Credit Impact - Loss of the $7,500 EV tax credit is a significant concern [1] - The company's actions don't fully offset the loss of the tax credit [2] - The removal of the tax credit is seen as a setback for climate and the environment [3] Market and Consumer Impact - Concerns that the company's strategy cannibalizes other models due to affordability issues [2] - The car's cost, around $700 per month plus insurance, limits its accessibility to new consumer markets [2] - The strategy is perceived as a reaction to the loss of the tax credit rather than attracting new consumers [3] Responsibility and Blame - The loss of the EV tax credit is attributed to Elon's support for anti-climate views [3] - Elon is directly blamed for the negative consequences of losing the tax credit [4]
Can money buy happiness? #shorts #wealth #money #happiness #arthurbrooks
Bloomberg Television· 2025-10-08 19:00
Are wealthy people happier than poor people. Wealthy people are less unhappy than poor people. That's how it works.And remember, those two things are separable. And so, have you ever thought about going out and trying to make the most amount of money possible to make yourself slightly happier. No.So, that actually doesn't work. What you find is that when you get above levels of poverty, then you're starting to wipe out avoidable sources of unhappiness like preventable diseases and caloric deficits and not h ...
France's Macron Should Be Able to Name a New Premier in 48 House, Lecornu Says
Bloomberg Television· 2025-10-08 18:50
Political Landscape in France - Outgoing Prime Minister was given 48 hours by President Macron to find a solution following his resignation [1] - The outgoing Prime Minister has spoken with all parties in the National Assembly, except the extremes, to enable President Macron to name a new Prime Minister within 48 hours [1][2] - Prospects of snap legislative elections or presidential elections seem to be diminishing [2] - The National Assembly in France is fragmented since President Macron called snap elections in June 2024 [2] Key Negotiation Points - The pension reform passed in 2023 is at the heart of the discussions [3] - Negotiations involve potential suspension of the pension reform and the possibility of a Socialist Prime Minister [4]
Gold Tops $4,000 for First Time as US Shutdown Fuels Rally
Bloomberg Television· 2025-10-08 18:39
I'm extremely the key word is scared. What gold is signaling here. Every major risk asset on the planet is underperforming gold, and gold is the most expensive versus most moving average.You can go from 100 to 200 a day, 2 to 40, 50, 60 months to 16 to 20 quarters. Then it's versus at every single major peak in its history. It's that rich, it's extended.And we all know it's the high since 1979. And what's Italian US is Italian. US number one.Gold loves President Trump. The nuances Mr. . Trump saying the shu ...
Fed Minutes Show Officials Cautious Over Rate Cuts
Bloomberg Television· 2025-10-08 18:34
Monetary Policy Stance - The Federal Reserve's minutes from its September 16th to 17th meeting revealed that almost all participants supported a 0.25% (quarter point) cut at the meeting [1] - A few participants believed there was merit in keeping the federal funds rate unchanged [2] - Most participants judged that it would likely be appropriate to ease policy further over the course of the year [5] - Financial conditions suggested monetary policy may not be particularly restrictive, suggesting a cautious path ahead [5] Economic Outlook & Concerns - Hawks noted progress towards the Fed's 2% inflation target had stalled, raising the risks of inflation expectations rising [3] - Officials indicated their outlooks for the labor market were uncertain and they viewed downside risks to employment as having increased [4] - Indicators cited included low hiring and firing rates, concentrated job gains in a small number of sectors, and increases in unemployment for groups traditionally sensitive to a weakening economy [4] - Economists are pointing to inflation figures and suggesting the worst of the tariff passed through into inflation and prices is yet to come [7] - Others are still concerned about the weakening of the labor market and the idea that that suggests a weakening of the economy ahead [7] Balance Sheet Considerations - Market participants are suggesting that reserves are at the borderline for whether or not there's enough available [10] - A 0.01% (one basis point) jump in the effective Fed funds rate recently was seen by some as a sign that this is coming [10] - Participants felt reserves continued to appear abundant, and no changes were suggested [5][11]
Nvidia, OpenAI, and Meta are spending trillions to fuel the #ai boom #tech
Bloomberg Television· 2025-10-08 18:24
The world's biggest tech companies are spending trillions to fuel artificial intelligence, building data centers the size of cities and snapping up every advanced chip they can find. Open AAI, the maker of chat GPT, is planning a $500 billion infrastructure project called Stargate. Meta's Mark Zuckerberg, is pouring hundreds of billions into new data hubs.Nvidia, the chip giant at the center of it all, is even financing its own customers, helping them buy more of its hardware. Even AI's biggest believers ad ...
Google’s New Foldable, Smartwatch Emphasize AI Rather Than Hardware Changes #tech #shorts
Bloomberg Television· 2025-10-08 18:07
Product Comparison - Google's Pixel 10 Pro Fold has a slightly bigger outer screen with a 64% increase in size due to shrinking bezels [1] - Samsung's Galaxy Z Fold 7 is considered thinner and sleeker in design compared to the Pixel 10 Pro Fold [2] - The Pixel 10 Pro Fold supports Chi 2 magnetic wireless charging and is water resistant and dust resistant [2] - The Pixel 10 Pro Fold has a better battery than Samsung and a sturdier hinge [3] - The Pixel Watch 4 has a 40-hour battery life and a new dock for bedside display [4] Technology and Features - The Pixel 10 Pro Fold uses the Tensor G5 chip, while Samsung uses a Qualcomm chip [3] - The Pixel Watch 4 includes satellite connectivity and embedded Gemini AI [5] - Google's PixelBuds 2A feature active noise cancellation, Gemini, and improved battery life, but the price increased by $30 to $130 [6] AI and Software - Google's Pixel devices offer software and AI enhancements, some of which are also available on Samsung devices [4] - A Fitbit-powered AI coach is coming to Google's devices, similar to Apple's workout buddy [5]
Speaker Johnson Says House Won’t Return to Make Sure Troops Are Paid #politics #shorts
Bloomberg Television· 2025-10-08 18:02
Political Stance - The speaker believes individuals should not suffer financial hardship due to political maneuvering [1] - The speaker asserts that a vote to pay the troops has already occurred [1] Congressional Actions - Hakeem Jeffries and House Democrats are reportedly eager to vote again to show support for paying the troops [1]
Exclusive: JPMorgan's Dimon Says a Recession Is Possible in 2026
Bloomberg Television· 2025-10-08 18:00
Where do you think we are in that bull market. Is there is there any complacency there. Is it underpinned by rational factors.Is there more momentum. Yeah, you know, look, we're in a bull market. It's been clear.Asset price are high, credit spreads are low, consumer still okay. The consumer has jobs. Remember, jobs, jobs, jobs are what usually starts to force people to cut back and change thing and consumers spend less and companies cut back.So far so good. There are a lot of issues out there that, you know ...
Blue Origin Launched New Shepard NS-36 Crewed Flight
Bloomberg Television· 2025-10-08 17:15
The whole idea here is that you can buy a ticket and cross the Von Karman line, which is the agreed to dotted line over the Earth's surface at which you become, you know, in outer space. And you can call yourself an astronaut. It's a suborbital flight.And if you've got another four or $500,000 burning in your pocket, you can buy a ticket. That's the purpose of this flight. But it also when there's stop people on board, they can fly it up and do experiments in the same exact capsule. They look at the same ca ...