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Stock End Mixed After Choppy Season | Closing Bell
Bloomberg Television· 2025-06-25 21:44
Carol Massar Interesting day on the market. 6091 on the S&P 519,009 96. Right now on the Nasdaq composite.What a different day from yesterday. Right. We had a full charged rally and today just feels like a sideways move.And I don't know, is it investors questioning so much that happened yesterday. I don't know. It's just a weird, weird day of trading, a narrow range.And for much of the day, stocks searching for direction in the S&P 500. Stocks for as high as 3/10 of 1%, down as much as 2/10 of 1%. And look ...
Trump thinks the Iran-Israel war is over
Bloomberg Television· 2025-06-25 19:54
We think it's over. I don't think they're going to be going back at each other. I don't think so.As you know, last weekend the United States successfully carried out a massive precision strike on Iran's nuclear enrichment facilities and it was very, very successful. It was called obliteration. No other military on earth could have done it.And now this incredible exercise of American strength has paved the way for peace with a historic ceasefire agreement late Monday. And uh we call it the 12-day war. Spoke ...
IAEA director says Iran has ability to rebuild its infrastructure
Bloomberg Television· 2025-06-25 19:54
And um I had received a letter from the Iran Iranian foreign minister saying that they had taken protective measures already. They did not get into details uh into what that meant but clearly that was the implicit uh meaning of that. So we can um imagine that this material is is is there. So um for for for that to confirm for the um the the whole situation um to evaluate we need to return.When you look at the VA alba the um reconstruction of of the infrastructure is is is not impossible. First, there has be ...
Here's how a Putin-led war with NATO could play out
Bloomberg Television· 2025-06-25 19:52
European officials tracking the ramp up of Vladimir Putin's military are wrestling with a threat that would have been scarcely plausible a few years ago. War with Russia. So, here's one way Russia could attack Europe, how Europe might respond, and how it could cost the global economy up to $ 1.5% trillion in the first year.The first step of an attack could be a staged incident that gives Russia a pretext. One former Lithuanian official has suggested Russia could stop the Moscow to Kolinrad train as it trave ...
Trump Takes Credit For NATO Spending Boost | Balance of Power: Early Edition 6/25/2025
Bloomberg Television· 2025-06-25 19:39
>> LIVE FROM WASHINGTON, D.C., THIS IS "BALANCE OF POWER" WITH JOE MATHIEU AND KAILEY LEINZ. JOE: PRESIDENT TRUMP HEADS HOME FROM THE NATO SUMMIT WITH IRAN TALKS NOW ON THE CALENDAR. WELCOME TO THE WEDNESDAY EDITION OF "BALANCE OF POWER," AS THE PRESIDENT FLIES BACK TO THE U.S., WITH A FOCUS SHOULD RESPECT TO SHIFT --SHIFTS BACK TO HIS BIG BEAUTIFUL BILL. I'M JOE MATHIEU WITH KAILEY LEINZ. AS RETURN BACK TO CAPITOL HILL, THERE IS CONCERN THAT THIS WAS LIGHT AND THEY WILL NOT MAKE THE JULY 4 DEADLINE. KAILEY ...
Goldman’s Kaplan on Powell, Tariffs, Harvard, Texas
Bloomberg Television· 2025-06-25 19:09
Obviously, we have to start with Capitol Hill. Jerome Powell just on the Hill. He's under really direct pressure from President Trump or President Trump is putting pressure on him to cut those interest rates, but he's planning to wait, citing inflation.How do you expect this to be received by the business community. I think Powell's comments are probably right in line with what the markets and the business community are expecting. I've said this a number of times.We're likely in a disinflation world. I mean ...
AT&T finds returns in retired copper
Bloomberg Television· 2025-06-25 18:39
Right now we are running both a copper network and a fiber network. Our copper is declining but there is a certain element of fixed cost associated with it about $6 billion of total expenses that will over time decline to zero but it's going to take some time. We our goal is by the end of the decade by the end of 2029 to be out of the copper business.Copper is sort of a an interesting substance because it's also a commodity. Are you selling it. Are you going into the commodity trade.Uh, believe it or not, w ...
Trump He's Not Giving Up the Maximum Pressure Campaign on Iran
Bloomberg Television· 2025-06-25 17:56
Yesterday you said China can now continue to purchase oil from Iran. Are you giving up on your maximum pressure campaign because the sanctions right now with you on Iran. No, look, they just had a war.The war was fought. They fought it bravely. I'm not giving up.They they're in the oil business. I mean, I could stop it if I wanted it. Sell China the oil myself.I don't want to do that. They're going to need money to put that country back into shape. We want to see that happen.Would it. No. If they're going t ...
Former MI6 Chief: Iran Problem Not Going Away
Bloomberg Television· 2025-06-25 15:22
Article five. Is it reliable. Can we rely on it. What is NATO's purpose at the moment if we can't rely on it.Well, Article VI's been there since 1949. It held the Soviet Union at bay during the Cold War. There wasn't an absolute guarantee.It's still a decision to be taken by each country when they as to what they do in response to a threat. But I think it has been very important. It has been a question now because of President Trump is is taking a more so transactional approach to this.Will he or won't he. ...
FedEx Profit Guidance Disappoints as Tariffs Weigh on Demand
Bloomberg Television· 2025-06-25 15:15
FedEx forecast a worse-than-expected profit for the current quarter and said it would only share its outlook for the current quarter due to the uncertain environment for global demand. Katie Linsell reports on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market ...