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AI Spending Worry: Meta, Microsoft Shares Fall on Data Center Investment Plans
Bloomberg Television· 2025-10-30 06:47
Meta and Microsoft shares have fallen in after hours trading after the tech giant's disclosed huge spending plans in their latest earnings reports. Joining me now is Matt Bloxham, senior tech analyst for Bloomberg Intelligence. So, Matt, and Microsoft, you can see the moves there then I'm under pressure and this is about the CapEx spend, even as Microsoft talks about the strong demand.Talk to us about what came out, what is causing concern primarily for investors at this point. Because actually, if you look ...
World's oldest ruler is reelected at 92 years old #africa
Bloomberg Television· 2025-10-30 05:00
In Cameroon, the president just extended his grip on power for an eighth term. Paul Beia has been in power since 1982, and if he serves out the full 7-year term, he'll still be in office at 99 years old. Now, like much of the continent, the median age is 18 years old, meaning most citizens have never known a different leader.And the person next in the line of power, well, that's still to be determined because a succession plan is not yet in place. But under the Constitution, the next person to step in would ...
UBS CEO on the First Brands fallout
Bloomberg Television· 2025-10-30 04:30
first brand was a broad and you know well recognized issuers in in the market and uh and as part of a high yield diversified portfolio uh this was something that was deemed to be correct. So I I I I think that there is a little bit of witch hunting and and and trying to you know compare things you know between one bank or the other and uh >> and one strategy or the other is totally inappropriate. I mean, it's not the first time that somebody goes uh at Boston Chapter 11. ...
Trump, Xi Kick Off Pivotal Talks at South Korea Summit
Bloomberg Television· 2025-10-30 03:39
There we go. What a visual. Just let that sink in for the moment.Right now. So we're now looking at this bilateral meeting, which I imagine should be starting any time now. Of course, the Chinese side on the left, the American side on the right, Chinese President Xi Jinping.And in that suit, of course, in the middle. And of course, now speaking is Donald Trump, the US president. Let's listen in.A lot of things and we'll agree to some more right now. But President Xi is a great leader of a great country, and ...
Where does the #Fed go from here? #business #politics
Bloomberg Television· 2025-10-30 00:00
And absent all of the data that the Fed would usually have, um, what have policy makers been doing. >> So, there are private sector gauges, gauges of consumer confidence, gauges of industrial activity, gauges of where the jobs market is at. Uh, there are um those private sector indicators that the Fed is lean on, which is useful.They they did of course get all important inflation data last week which was the one data release that the government effectively greenlighted because it's important for the social ...
Sen. Coons “gravely concerned” about Nvidia talks with China #shorts #trump #china #nvidia
Bloomberg Television· 2025-10-29 22:30
I wonder if you are optimistic for what could come from a trade deal with the world's second largest economy or if you're in fact worried that the president could somehow mortgage our national security with the idea of dealing around high-end AI chips made by Nvidia. >> Well, Joe, thank you for the chance to be on again. I am gravely concerned that President Trump fails to appreciate what a permanent advantage he would be giving away if he is to greenlight the sale of Nvidia's advanced Blackwell chips. They ...
Big Tech Earnings, Powell Casts Doubt on Rate Cuts | Closing Bell
Bloomberg Television· 2025-10-29 21:52
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell with the global simulcast Carol Massar Tim Stenovec back there in the radio booth. Welcome to our audiences across all of our Bloomberg platforms here on a very busy afternoon.A lot of things going on there, a potential detente in the US-China trade wars, a Fed meeting that actually surprise and a rare, rare sort of move. And of course, a slew of earnings on t ...
Mexico at a crossroads as #Trump trade war continues
Bloomberg Television· 2025-10-29 21:48
Economic Outlook - Mexico faces an economic test balancing growth with a volatile relationship with the US [1] - The country's growth could outpace the US by the end of the decade if Plan Mexico succeeds [3] - Markets are cautiously optimistic, seeing both promise and peril in Mexico's balancing act [4] Trade Relations - Nearly 80% of Mexican exports are bought by the US, ranging from cars to oil [2] - Threats of tariffs from Washington can destabilize the peso and investment [2] Policy & Initiatives - The current administration is focused on industrialization and energy reforms [2] - Plan Mexico aims to transform border states into manufacturing powerhouses [3]
#Trump says it's 'pretty clear' he can't run for a third term #politics
Bloomberg Television· 2025-10-29 21:42
I have my highest poll numbers that I've ever had and you know based on what I read I guess I'm not allowed to run. So we'll see what happens. >> Johnson says you're trolling when you talk about a third term.>> Well I don't think I don't think I don't think he said that. I don't think he'd use that term but uh it's a very interesting thing. I have the the best numbers for any president in many years.Any president. And I would say that if you read it it's pretty clear I'm not allowed to run. Mr.. B. I miss s ...
US warships cause tensions between Trinidad and Venezuela
Bloomberg Television· 2025-10-29 21:40
Venezuela and Trinidad are so close to each other they can see each other's shorelines. But the presence of US warships here in Trinidad is starting to stress those bonds. US President Donald Trump is ramping up military presence in southern Caribbean and what he says is a new war on drugs that for the moment is squarely aimed at Venezuelan President Nicortas Madu and Colombian President Pedro.But Trinidad and Tobago is getting caught in the middle. Just six months into office, Prime Minister Kamla Prasad B ...