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Trump thanks Saudi's Crown Prince MBS for investing in America #politics
Bloomberg Television· 2025-11-20 20:27
It was great to be with you last night. I think it was something to behold. We officially designated the kingdom yesterday as the major nonNATO ally.That's a big deal. That happens seldom, very seldom, uh, if at all. So, I just want to congratulate you on that.That's a sign of trust. We signed a historic strategic defense agreement yesterday also and that's uh something that is likewise very rare. This week our countries also signed groundbreaking agreements on civil nuclear energy, critical minerals and ar ...
Trump Quips He’ll Fire Bessent If Interest Rates Not Lowered
Bloomberg Television· 2025-11-20 20:02
The only thing Scott's blowing it on is the Fed because the Fed, the rates are too high, Scott. And if you don't get it fixed fast, I'm going to fire your ass. Okay.Mortgage rates are down despite the Fed. I mean, Scott, you got to work on this guy. He's got some real mental problems.No, there's something wrong with him. It's just sweet. I I be honest, I'd love to fire his ass.He should be fine. Guy's grossly incompetent. And he should be sued for spending $4 billion to build a little building.I'm building ...
How AI is transforming Standard Chartered
Bloomberg Television· 2025-11-20 20:00
AI has the ability to fundamentally allow us to invest more in the areas that grow the fastest while automating and changing the way that we do other things. It's a substitution effect and it's not just a substitution effect in terms of people because don't think of it that way. Think of it as an enhancer of productivity.>> I think the the set of tools around AI will be amongst the most powerful in in my working life. It's already changing uh the way that we monitor large volumes of transactions to to help ...
Is there an AI bubble? Nvidia's earnings tamp down concerns #tech
Bloomberg Television· 2025-11-20 19:54
I'm curious what you say to people who look at valuations of these companies, including Nvidia, and worry that we're in danger of finding ourselves in in a bubble. What's your response to them. >> My response is, I asked the CEOs, and here's their answer.That the balance sheets now are different to what they were in the com bubble that they see actually useful software being sold generating actual revenues. And one CEO told me the other day, namerop, it was Chuck Robbins of Cisco. This is existential for ma ...
Biden, Bush, Harris and More Attend Dick Cheney Funeral
Bloomberg Television· 2025-11-20 19:44
Former Vice President Dick Cheney’s funeral service was held Thursday at the Washington National Cathedral. The consequential and polarizing former vice president under Republican George W. Bush will be added to a bipartisan yet small group of prominent leaders commemorated there. ...
A Robot Dog Is Becoming Standard in Policing — and Raising Ethical Alarms
Bloomberg Television· 2025-11-20 19:42
It started as an internet sensation. [music] Now, Spot, the viral robot dog, has become one of law enforcement's most reliable partners [music] in life or death situations. 5 years after its commercial debut, Spot is now working with more than 60 [music] SWAT and bomb squads across the US and Canada, Bloomberg has exclusively learned.You'll also find it on international [music] teams, including Italy's National Police and the Dutch Ministry of Defense. Weighing about 70 lbs, Spot helps police navigate [musi ...
Retail Earnings Send Mixed Messages About US Consumer
Bloomberg Television· 2025-11-20 19:31
The biggest private employer in the United States, reported earnings this morning and investors are celebrating. Wal-Mart boosted its sales and profit outlook for the year, saying it was able to not only lure shoppers on a budget, but also handily navigate the rising costs environment. That sent shares of the company soaring for their best day since April.Well, just about a week away from the highly anticipated Black Friday weekend results out of TJ Maxx and Target. So U.S. consumers are increasingly opting ...
Nvidia Results Fuel Relief Rally as Valuation, Policy Risks Loom
Bloomberg Television· 2025-11-20 18:55
Nvidia deflating the AI bubble fears [music] at least for now with blowout earnings in the third quarter and a forecast of incredible revenue strength in the fourth quarter. 65 billion US is what they forecast and they are projecting in the quarters ahead revenues and sales of more than half [music] a trillion. Valuations though are a key concern still for investors.This is a company trading at more than 40 times its forward earnings. [music] And then analysts as well questioning to what extent the spend on ...
Nvidia’s Blowout Forecast Fuels AI Stock Rally
Bloomberg Television· 2025-11-20 18:40
Yeah, you're absolutely correct. You know, solid numbers, but that was to be expected. Single digit beats.I mean, no one's running out and buying stocks when you're just beating by single digits. I think what's the most important thing was the messaging around 20, 26 year. And the company came out and gave a very strong demand signal on 2026, talked about essentially being sold out on GPUs, supply constrained.And also within that 500 trillion you mentioned, you can back out this year and it implies around 3 ...
Maria Sharapova: Highlight of my tennis career was “consistency” #shorts #tennis #mariasharapova
Bloomberg Television· 2025-11-20 18:15
What was the highlight of your tennis career. >> I'd say consistency. I think consistency is um you can have results and they could, you know, come at different various times in your career, but I was I was consistent for many years.Um and and you have to show up. You don't just show up to play first round or the finals, but you have to show up for press conferences after before every match, before every tournament. And just the consistency and the the mental wear and tear of showing up week in week out.Um, ...