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Saylor Says Bitcoin Is a Better Investment Than Gold
Bloomberg Television· 2025-08-08 15:40
I still think the vast majority of the capital flowing in the space is flowing into Bitcoin. We've gone from about 60 companies capitalizing on Bitcoin to 160 companies just in the past six months. So I'm laser like focused on bitcoin.I think Bitcoin is digital capital. I think it's going to outperform the S&P index over the indefinite future. And I think it's the clear global monetary commodity in the world right now.So it's the lowest risk, highest return, most straightforward strategy if you want to outp ...
Swiss Gold Bars Will Be Subject to Trump Tariffs
Bloomberg Television· 2025-08-08 15:26
And we're going to stick with trade right now, not just what's going on with India, but also what's going on with gold. And specifically, this really points to Switzerland. Gold futures in New York this morning surging to a record high after sources telling us at Bloomberg that Swiss gold bars are unexpectedly facing U.S. tariffs.Bloomberg's Oliver Crook joins us now. Oliver, what's going on. These tariffs going to stick.Yeah. I mean, if the Swiss needed any more bad news, which I don't think they really di ...
Meta Expands Aggressively on Data Centers
Bloomberg Television· 2025-08-08 15:14
Interesting news here. When you think about Medea's physical ambitions. We talk a lot about, of course, the talent war when it comes to meta, but also expanding aggressively when it comes to their datacenter footprint.Yeah, look at me when it comes to these, you know, Hyperscalers, it's not just about having lands or the data right now. It is about having, you know, entire infrastructure. So when I say infrastructure, you need the land, you need power.And that's where, you know, partnering makes a lot more ...
Intel CEO Pushes Back Against Trump's Call to Resign
Bloomberg Television· 2025-08-08 15:02
AND MALLEUS RAISING ITS PRICE TARGET POINTING TO NEW PRICE TARGETS AND INCREASED VALUE. THE INTEL CEO SAYING THAT HE HAS THE FULL SUPPORT OF THE BOARD WITH PRESIDENT TRUMP CALLING FOR HIS RESIGNATION. MANDEEP SINGH JOINS US NOW AND THAT IS WHAT THEY ARE SAYING OUT LOUD BUT "WALL STREET JOURNAL" HAS A REPORT THAT THEY -- THAT HE HAS BEEN UNDER PRESSURE.DO YOU THINK THAT HE CAN KEEP HIS SEAT. MANDEEP: IT IS CLEAR THAT THERE IS A DISAGREEMENT BETWEEN THE BOARD AND HIS STRATEGY. HE WANTS TO KEEP THE FOUNDRY BUS ...
Canadian Wildfires Trigger Air-Quality Alerts in the US
Bloomberg Television· 2025-08-08 14:40
Canadian wildfires have sent smoke into the northeastern US. More than 700 fires are burning across Canada from the Arctic Circle to southern Ontario. Forest-fire smoke has drifted south triggering air-quality alerts in New York City and from Minnesota to Maine. The smoke from large wildfires raises health risks and has been blamed for hastening the melting of Arctic ice, since the soot absorbs more heat. In recent years, the plumes have drifted into US cities, most notably New York and San Francisco, turni ...
US and Russia Plan Truce Deal Locking Putin’s Gains in Ukraine
Bloomberg Television· 2025-08-08 14:34
Just coming across the wire. Annmarie, what do we know so far. So basically, I think it's a first step in the contours of a deal.I think what's really important here and to stress is that this is amongst conversations right now between the United States and Russia. And we don't have any indication just yet if Zelensky would sign off on this. But what this would mean is Crimea, which most people have assumed that that would stay within Russian territory annexed in 2014.Putin is demanding also that Ukraine ce ...
Shock Import Tariff Roils Gold Market
Bloomberg Television· 2025-08-08 13:52
The idea is that a lot of traders here in the US thought that these tariffs on Swiss goods wouldn't be applied to gold because you need to trade uh 400 ounce bars for central banks, 100 ounce bars for uh the comx and kilo bars in Asia. Um apparently there are going to be tariffs on those uh gold bars. >> Exactly.That's what they thought. um they had plans uh and then they got a letter. I have the letter here.So basically maybe just one step back, Switzerland has a big trading surplus with the United States. ...
Tariffs dominate second quarter earnings calls #trump #politics #shorts
Bloomberg Television· 2025-08-08 13:19
With over 80% of the S&P 500 market cap announcing second quarter earnings, there's one word that CEOs and analysts can't stop talking about. Tariffs. According to the latest Bloomberg analysis of earnings calls from Russell 3000 companies, tariffs were mentioned nearly 4500 times.That's a massive surge from last year when none were being added. Associated with that, materials cost talked about 30% more frequently. And guess what's taken a backseat.mentions of inflation sinking nearly 30% and diversity arou ...
Trump doubles tariffs on #India, why doesn't he do the same to #China? #politics
Bloomberg Television· 2025-08-08 13:18
President Donald Trump has double leveies on India to 50% to punish it for buying Russian oil. But unlike India, China, the biggest purchaser of energy from Russia, has been able to escape harsh secondary sanctions so far. It all comes down to the leverage China has and India does it.For one, Beijing dominates production of rare earth magnets which are used in everything from EVs to missiles. The threat of China slowing the pace of exports of critical minerals to a trickle like it did early in the year may ...
Maersk CEO says ships are going to keep avoiding the Red Sea #shorts
Bloomberg Television· 2025-08-08 13:12
going back through the Red Sea and through the Suez Canal is not something that is going to happen during this year. Uh whereas in May and June uh the situation looked like maybe it was slowly normalizing. The fact that a couple of ships have been sunk by the Houthis uh very recently is certainly pushing or stressing the the lack of security that there still is in doing this and the lack of visibility that there is on how long this security could uh be provided when it when it now comes uh when it comes bac ...