Bloomberg Television

Search documents
How the Government Shutdown is going to impact economic data #politics #shorts
Bloomberg Television· 2025-10-02 18:49
there is the very real prospect here that we won't just see furls, we're going to see layoffs uh as a result of of this shutdown. What does that mean for the economy as you kind of forecast out and think about the the impact that could have on, as you've described, a very fragile US economy. We were already expecting to see federal government employment fall in the next jobs report because of the deferred resignations offer.If you had accepted one of those, September was the last month you would be on payro ...
Peloton unveils new products in sweeping product revamp
Bloomberg Television· 2025-10-02 18:48
Pelaton just unveiled its biggest refresh in years with new versions of the bike, bike plus, tread, tread plus, and a brand new row plus. The biggest design change is small but powerful. A swivel screen that turns every machine into a standalone strength station.Hop off and follow yoga, pilates, or strength classes right in front of it. A feature once limited to the Plus line. The new plus models go further with extras like a built-in sand and a camera system powering Pelaton's AI platform, Pelaton IQ.Pelat ...
#AI is still in the early innings, says State Street's CEO #tech
Bloomberg Television· 2025-10-02 18:42
I think in many respects we're still early innings. These are questions that we get from our clients all the time like winners and losers with blockchain, with AI, with quantum computing. And frankly, I don't know if we have all the answers.But what I think is exciting from an investment perspective is the ability to take advantage of these greater macro themes um and to ensure that there's that allocation because we know these spaces are really they have the potential to to disrupt uh exactly what the outc ...
Are we all paying to power AI data centers? #tech #shorts
Bloomberg Television· 2025-10-02 18:38
I think about how I study my electricity bill to the extent that I do and maybe in the summer I'm using my air conditioner more. Maybe in the winter I'm using my heat more. But these are all kind of selfish things.I'm determining when the bill goes up or down. Why should I be paying for the expenses associated with these these data centers. Well, I think there's two arguments that people make.I mean, the first is that AI, whether you like it or not, is becoming an increasingly large part of our world. Um, s ...
UK’s Lammy Downplays Tensions With US After Trump’s UN Tirade
Bloomberg Television· 2025-10-02 18:31
I just going to ask you about Donald Trump's speech yesterday. I It strikes me. Um he has not you had him across to Windsor. You you you invited him to Windsor. You whined him.You dined him. The king was there and then he's come out describing London Mayor Sar Khn as terrible that we're running Sharia law in Lond London that the energy policies are suicidal. Is is that what you normally expect from a a guest when they come to stay.Just to just to step back a bit, the special relationship is hugely important ...
Is America overlooking the “essential economy”? #shorts #economy #markets #wallstreetweek
Bloomberg Television· 2025-10-02 18:24
We spent some time in Detroit this week with Jim Far, the CEO of Ford. He brought together a large group of CEOs and other business people to talk about what he calls the essential economy and he defines that as people who move things, fix things and build things. >> I think um Mr.. Farley's concept is a very good one and it represents a very important difference from an idea that's very fashionable which is to fetishize manufacturing and by broadening the concept to fixing and moving as well as making thin ...
OpenAI Tops SpaceX as Biggest Startup with $500 Billion Valuation
Bloomberg Television· 2025-10-02 18:17
OpenAI has topped Elon Musk SpaceX to become the world's largest startup with a valuation of $500 billion. The Chat GPT owner completed a deal to let employees sell shares at a $500 billion valuation with current and former staff selling about $6.6% billion worth of shares to investors. That pushes OpenAI well past SpaceX $400 billion valuation to become the world's largest private company.OpenAI is one of several companies including NVIDIA leading a global push to invest in data centers and AI models. An e ...
Robinhood Is Betting Big On The Prediction Market, Says CEO Tenev
Bloomberg Television· 2025-10-02 18:03
You. Stocks went up. You didn't think there was a prediction market that actually sent it higher because you have a whole host of businesses.Well, you mentioned yourself, though, just now, prediction markets are a new source of information about real events. Government shutdown being being top of mind today. So I think it just illustrates the power of this technology, not just as an investment asset, but as a source of news and information and almost like new media.You're obviously excited about the predict ...
US has a stagnant labor market, ADP’s Richardson says #shorts #economy #markets #labormarket #jobs
Bloomberg Television· 2025-10-02 16:24
The granular data, does it display the same kind of negativity that the bond market took notice of yesterday. >> Yeah, it does. This is our best estimate of what hiring was in September, negative 32,000. That is our best estimate. It is our most robust estimate.It's rigorous. It's tied to the QCW. So, no, you don't need to dismiss the number.Now, if you look at the the series, we don't fully rebenchmark the year until February with the January release, but that September number is the number. So what it tel ...
Trump could fire 'thousands' of federal jobs because of shutdown
Bloomberg Television· 2025-10-02 16:03
We know, Democrats know they are doing the wrong thing by shutting the government down. You can see it when they're answering questions. You can hear it in their voice.There is zero good reason for them to vote to shut the government down right now. They are doing it for political reasons. They are doing it because they want to give taxpayer funded healthcare benefits to illegal aliens, which is something the American people resoundingly rejected ahead of the election last year.That's why they reelected Pre ...