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S&P 500 Pulls Back as Big Tech Earnings Land | Closing Bell
Bloomberg Television· 2026-01-28 23:36
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with the global simulcast Carol Massar and Tim Stenovec, join us now. Welcome to our audiences across all of our bloomberg platforms, television, radio, our partnership with YouTube.Carol Massar We should point out, I know it's Fed Day, but you have about $8 trillion in market capitalization set to report earnings in just a moment. Microsoft met Tesla, the bi ...
Tesla Plans $2 Billion Investment in Musk’s xAI
Bloomberg Television· 2026-01-28 22:38
The real headline here seems to be the continuing melding of all of Elon Musk business all around at least for right right now is his main public vehicle and that is Tesla including news that it will invest $2 billion to buy preferred shares of his AI company XAI. Bloomberg Tech co-host Ed Lello joining us right now to talk a little bit more about I guess the blurred lines when it comes to this Tesla business and which quite frankly might be the appeal for a lot of investors. Yeah, Tesla participated in the ...
Bloomberg Surveillance: The Fed Decides 1/28/2025
Bloomberg Television· 2026-01-28 22:29
JONATHAN: FOR THE AUDIENCE WORLDWIDE, GOOD AFTERNOON. THE FED DECIDES STARTS RIGHT NOW. >> THIS IS A SPECIAL EDITION OF "BLOOMBERG SURVEILLANCE." WITH JONATHAN FERRO, LISA ABRAMOWICZ AND TOM KEENE."BLOOMBERG SURVEILLANCE: THE FED DECIDES." JONATHAN: HERE WE GO AGAIN. FOR THE FIRST TIME IN 2026 THE RATE DECISION FROM THE FOMC 27 MINUTES AWAY. 30 MINUTES AFTER THAT, A NEWS CONFERENCE WITH CHAIRMAN POWELL.IT IS FAIR TO SAY THE LEAST ANTICIPATED FED MEETING OF THE LAST 12 MONTHS. TOM: YOU HAVE TAKEN THE KOOL-AI ...
Shareholders Have No Say in Tesla, Gerber Says
Bloomberg Television· 2026-01-28 22:15
I want to go to this line from your notes, because this really encapsulates the entire conversation on Tesla. As I see it, investor sentiment appears driven more by long term narrative than by near-term fundamentals. You can certainly see that playing out in the stock price, in the valuations.But you take a look at the near-term fundamentals, as we were just discussing with Ed, adjusted earnings per share came in at $0.50% in the latest quarter. That is higher than analyst estimates. What do you make of som ...
Zuckerberg Is Doing the Right Thing for Meta, Futurum Group CEO Says
Bloomberg Television· 2026-01-28 22:14
When you look at that CapEx spend, I'm talking specifically from Meta. What do you think Zuckerberg is trying to do with that money. Well, first of all, last year they made all those investments in people and in a lot of us out there that were analyzing and we're going, are they overspending.And so what I think happened and you heard about met a cloud is that Mark Zuckerberg has turned the corner. It was all about models. So people are getting a little impatient.Are they going to release the next model. Is ...
Trump’s Border Patrol Commander Bovino Is Leaving Minnesota After Backlash
Bloomberg Television· 2026-01-28 21:44
Yeah. I mean, I think what we've seen in Minneapolis is what I think people have been worried about as ICE really ramped up its presence in these and a lot of these places and really seem to have this social media forward interest or aggressiveness and being very public about pushing back on protesters and making arrests. I think what we're trying to see now from the White House is an attempt to go back to previous standard operating procedure, which is perhaps not so social media forward.Still, I think goi ...
Microsoft to Outperform This Year, D.A. Davidson's Luria Says
Bloomberg Television· 2026-01-28 21:44
How do you feel, having had a few minutes to take a look at some of these numbers. Yeah, it's still our topic. Investors may have expected 39 to 40% growth or larger.They got 38%. That's probably the only place where I see people picking on it. But realistically speaking, let's not forget Microsoft doesn't put Outlook in its press release.So we're gonna have to wait to see what the outlook is for Azure. And then most importantly, let's not forget a Google cloud that reports next week is not going to grow 38 ...
Starbucks’ Big Sales Beat Stokes Confidence in Turnaround
Bloomberg Television· 2026-01-28 21:41
The turnaround plans are starting to really take a whole take a hold right now and results really improved, rising, you know, 4% systemwide, same store sales, U.S. as well. China was up 7%. You know, here in the U.S., it's, you know, mainly about better operations.Right. They rolled out new operating standards late last year and that they seem to be really boosting the speed of service, which is creating happier customers that come back more frequently. Right.Some food innovation, including protein, cold fo ...
Powell: There was “broad” support to hold Fed rates
Bloomberg Television· 2026-01-28 21:41
what extent did the did the committee discuss the possibility of cutting at this meeting or in March. And how are you all thinking about the conditions that would merit another rate cut. Is there broad agreement on the on the committee about what it would take. >> So there was broad support on the committee for holding today broad I would say including among non- voters.So that's where that was. Of course, some people did want to cut and and and dissented, but committee pretty broadly for for for holding to ...
Waabi CEO: “It’s a miss if you don't invest in Canada”
Bloomberg Television· 2026-01-28 21:27
why combinator cut Canada from its list of of uh countries that it would invest in startups in. What do you make of that and like what is the ecosystem in Canada right now like on the software and hardware side. Do you see the talent pool that you need available in in your home country.>> Yeah. So I'm not going to comment on you know you know white combinator specifically uh but I will say that you know there is a vibrant uh you know tech ecosystem in Canada uh you know as you as you know you know Canada ha ...