Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Through PACs and funding tied to a16z's co-founders and partners, the Andreessen Horowitz team has poured at least $116 million into federal politics since Trump's reelection. Andreessen, who voted for Hillary Clinton in 2016 and said back then that Trump’s immigration regime “makes me sick to my stomach,” explained on a podcast that he was compelled by “absolutely horrifying” discussions he once had with Biden officials. In his retelling, they divulged a top-secret plan for the federal government to take control of the AI industry and outlaw all startups and open-source software.

On today's episode:

- Austin Carr, Bloomberg News Senior Features Writer
- Ed Ludlow, Host of Bloomberg Tech
- Robert Schiffman, Bloomberg Intelligence Senior Tech Credit Analyst
- Angela Stent, Senior Fellow at the American Enterprise Institute

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels.

Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco’s headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that’s threatening a rebound in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence.

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

US consumer prices advanced in September at the fastest pace in five months and a gauge of underlying price pressures rose by more than expected, keeping the squeeze on household budgets ahead of November’s midterm elections. Elsewhere, Bank of America stock and fixed-income traders missed estimates, while Anthropic held a pre-IPO investor day.

On today's episode:

• Bank of America CEO Brian Moynihan
• Mike McKee, Bloomberg News Economics & Policy Correspondent
• Mandeep Singh, Bloomberg Intelligence Global Head of Tech Research
• Kelly O. Kay & Jeff Sanders, Partners at Heidrick & Struggles

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A circular funding model is accelerating the AI boom, but also amplifying imbalances — reviving memories of the global financial crisis. For more, we speak with Shawn Donnan, Senior Economics Writer for Bloomberg News. He speaks with Businessweek Daily hosts Carol Massar and Tim Stenovec.

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A selloff in chipmakers deepened on concerns about the sustainability of the artificial-intelligence trade, weighing on stocks as Wall Street banks kicked off the earnings season. In a renewed bout of weakness, a closely watched gauge of semiconductor powerhouses extended its plunge from a June record, while concerns linked to artificial intelligence propagate across sectors. Meantime, New York Fed President John Williams said he still sees one more interest-rate hike as appropriate this year.

On today's episode:

• Herman Chan, Bloomberg Intelligence Senior US Banks Analyst
• Mamadou-Abou Sarr, Founder & President at V-Square
• Gautam Mukunda, Bloomberg Opinion Columnist
• Natalia Emanuel, New York Fed Economist

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Roughly $750 billion. That’s how much Meta Platforms Inc., Amazon.com Inc., Microsoft Corp. and Google owner Alphabet Inc. are expected to devote to capital expenditures this year alone.
That’s more than the entire gross domestic product of Ireland or Belgium. More than half of what all of the companies in the S&P 500 Index spent in total last year. Enough to cut a $5,500 check for every household in the US.
Ian King, Bloomberg News US Semiconductor Reporter & Lynn Doan, Bloomberg News Managing Editor for Technology, join Businessweek Daily to break down the true cost of a single data center.

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Stocks fluctuated near all-time highs Monday as traders looked ahead to the start of the earnings season and inflation data that will be key in shaping the Federal Reserve outlook. With Corporate America navigating one of the strongest profit cycles in recent history, equities have also defied concerns about elevated energy costs and bond yields. President Trump’s deal with Moscow on its diesel exports and his praise for Vladimir Putin are just the latest in a string of Russia-related news that have sparked criticism from Republicans weeks ahead of a midterm election that increasingly favors Democrats.

On today's episode:

• Jeff Mason, Bloomberg News White House Correspondent
• Margie Patel, Senior Portfolio Manager at Allspring Global Investments
• Veena Ali-Khan, Bloomberg News Reporter
• Tal Keinan, CEO of Sky Harbour

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

SpaceX investors are finally getting some reprieve after months of being whipsawed by volatility as the Elon Musk-led company’s stock breaks above the level it’s been stuck below since July. SpaceX is closing in on a crucial swath of spectrum needed to turn the rocket, satellite and AI company into a “major mobile carrier,” setting the stage for a clash with stalwarts like T-Mobile US Inc., Verizon Communications Inc. and AT&T Inc. Once the company receives approval from the Federal Communications Commission, it will combine its satellite-to-cell services with a terrestrial network that can connect devices everywhere.

For more, we speak with Loren Grush, Bloomberg News Global Space Reporter.

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Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Wall Street traders betting on another solid corporate earnings season sent stocks higher despite lingering concerns about still-elevated energy prices and bond yields. Brent crude fluctuated around $104, bringing little relief to investors worried about inflationary pressures that could make the Federal Reserve raise interest rates. Corporate America is now navigating one of the strongest profit cycles in recent history, with the S&P 500 posting seven consecutive quarters of double-digit earnings growth.

On today's episode:

• Seth Fiegerman, Bloomberg News AI Editor
• Logitech CEO Hanneke Faber
• Robert Schiffman, Senior Tech Credit Analyst for Bloomberg Intelligence
• Barbara Reinhard, CIO: Multi-Asset Strategies & Solutions at Voya Investment Management

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