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DraftKings CEO Talks ESPN Partnership, Prediction Market
Bloomberg Television· 2025-11-07 17:18
It's an interesting partnership, and I think that's where we should start. How much does this move the needle for you. You know, we've talked in the past on this program, Jason, with you about the integration of the live sports event and the broadcast with the betting activity.Your big picture goal with this deal. Well, first of all, ESPN is a, you know, iconic brand. It's, you know, by far the biggest name in sports in the United States.And they have an incredible portfolio, an unmatched portfolio of sport ...
Bloomberg Surveillance 11/7/2025
Bloomberg Television· 2025-11-07 17:00
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. Chapters: 00:00:00 - Bloomberg Surveillance starts 00:03:59 - Geoffrey Yu, BNY 00:17:30 - Brian Gardner, Stifel 00:27:42 - On Our Radar: Tesla Shareholders-Musk, US Airlines Cut Flights, US to Block Nvidia Sale of Chips to China 00:29:47 - Dan Ives, Wedbush Securities 00:40:21 - Priya Misra ...
BlackRock's Rieder Says Fed Funds Rate Should Be at 3%
Bloomberg Television· 2025-11-07 15:58
Even if you're not confirmed as Fed chair, everybody has a view about what they would do differently at the Fed. What are some of the changes that you would make. You know, listen, I mean, all I'm going to point to is what I've said for many months now, which is I think there are some things to do that you can do that to create velocity in the system.You know, nobody borrows off the overnight funds rate anymore. Velocity happens where financing happens out, the yield curve, things you could do to keep that ...
BlackRock's Rieder Doesn't See a Bubble in AI Stocks
Bloomberg Television· 2025-11-07 15:51
Are you worried about the air froth. So, you know, there's something by the way, this is a time of year. You tend to get momentum, gets chased out of the markets, particularly today, where you have ambiguity around some trends that are taking place.So, by the way, I know I don't think it's an air bubble and I don't think there's too much froth in depending on where you go. If you look at some of the big hyperscalers that trade at 22 to 25, 26 times earnings and they throw off ROIC return on equity of 30, 35 ...
Rick Rieder
Bloomberg Television· 2025-11-07 15:50
Are you just flying blind. I mean, this data. Depends what you look at.You can say the economy is great or things are falling apart. Yeah, it's fine. Thanks for having me on, by the way.You know, it's a funny thing. You know, I found that the industry's obsession with these individual days, the. And by the way, paper reports are great, great economic indicator, the CPI report.There is so much information that comes through the system. I by the way, my favorite, I read tons, maybe too many corporate earnings ...
BlackRock's Rosenberg Sees 'Sweet Spot' in Middle of the Curve
Bloomberg Television· 2025-11-07 15:48
Take a much closer look at the alternative data sources, the private data sources, the alternative data that I mentioning there. We've had a lot of success scraping the wage inflation data or the wage posting data and extracting from it wage inflation measures. And one of the most important stories that I think everyone is aware of it when you came out of Covid, it was the bottom and that led the wage gains and that shifted.And we've been in a period where, you know, you guys have talked about it, the K-sha ...
Tesla Needs to Keep Elon Musk as CEO, Ives Says
Bloomberg Television· 2025-11-07 15:14
They step back. Okay. Just for anyone who might be confused.There's no check written out right now for $1,000,000,000,000. There's a major bar to clear. Just walk us through the targets that the board is now set for to see how Elon Musk was teased about 2018.I mean, those targets, everyone's like, there's no way Tesla would hit them and they exceeded them. So, look, I think it just comes back to when it looks at robotics and you look at autonomous. I mean, this is the most important chapter, I think, in the ...
US Airlines Begin Cutting Flights Due to Shutdown
Bloomberg Television· 2025-11-07 14:35
How are things playing out this morning. Well, we are seeing droves of people coming in on this Friday morning, but this is not uncommon. At least that's according to the people on the ground that we've been speaking with this morning so far.But there are about more than 40 cancellations here at EWR Airport. But it is important to note, as we look more nationally, this is the 72nd worst day in terms of flight cancellations since January 2024. So the size and scope isn't necessarily catastrophic.A lot of ana ...
US Airlines Begin to Cut Flights as Shutdown Drags On
Bloomberg Television· 2025-11-07 14:24
Flight Disruptions & Passenger Impact - A plastic surgeon's international flight from EWR to Barbados was canceled and rescheduled, causing her to miss the flight [1] - Travelers are attributing flight cancellations to the government shutdown [2] - Despite the shutdown, international flights should not be impacted, yet cancellations persist at EWR airport [2] TSA & Workforce - Reports suggest reduced TSA lines at airports, potentially down to one or two lines [3] - Anecdotal evidence from TSA agents at Newark terminal indicates no significant difference in TSA worker attendance [3][4] - TSA workers and air traffic controllers have not been paid since October 1st [4] - TSA workers have experienced government shutdowns before and anticipate a resolution [6][7] - Many TSA workers are still reporting to work despite not receiving paychecks for five weeks [6]
Stocks Waver Ahead of UMich. Data; Shutdown Flight Cancellations Begin | Bloomberg Brief 11/07/2025
Bloomberg Television· 2025-11-07 12:15
>> IT IS 10:00 A.M. IN LONDON AND 5:00 A.M. IN NEW YORK CITY. LET US GET STARTED WITH WHAT YOU NEED TO KNOW. A TERRIBLE WEEK FOR TECH. VALUATION WORRIES KNOCKING GLOBAL EQUITIES. MID-CAP STOCKS SELLOFF DESPITE POCKETS OF POSITIVE EARNINGS REPORTS. THE TESLA TRILLIONAIRE. SHAREHOLDERS APPROVE A ONE TRILLION DOLLAR COMPENSATION PACKAGE TO ELON MUSK MARKING THE LARGEST PAYOFF EVER AWARDED TO A CEO. AIRLINES BEGIN CANCELING FLIGHTS AS THE GOVERNMENT SHUTDOWN DRAGS ON. WE ARE LIVE ON THE GROUND. LET US GET A QUI ...