Google parent Alphabet reported first-quarter revenue and profit that exceeded analysts’ expectations, buoyed by continued strength in its search advertising business. First-quarter sales, excluding partner payouts, were $76.5 billion, the company said Thursday in a statement. Analysts had expected $75.4 billion on average, according to data compiled by Bloomberg. Net income was $2.81 per share, compared with Wall Street’s estimate of $2.01.The shares, which have declined 16% so far this year, r...
Apr 24, 2025•18 min
Whirlpool Corp. maintained its full-year financial outlook despite uncertainly over global tariffs, saying their long-term impact will benefit its position in the US home-appliance market. The refrigerator-maker still expects net sales of $15.8 billion, while ongoing earnings should be around $10 per share this year, it said in a statement. It also expects to cut more than $200 million of costs from its business. Marc Bitzer, CEO of Whirlpool Corporation, discusses his company's quarterly earnin...
Apr 24, 2025•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Signs Donald Trump is rethinking the most-aggressive elements of his combative stances on trade and the Federal Reserve spurred back-to-back gains in stocks and the dollar, while soothing volatility across asset classes. The S&P 500 rose 1.7%, though it pared an earlier surge that had swelled to as much 3.4%, as investors tried to gauge how seriously to take pronouncements of flexibility in negotiations with China and oth...
Apr 23, 2025•40 min
ICYMI: Joshua Ballard, CEO of USA Rare Earth, discusses the challenges faces American companies interested in producing and refining the crucial raw materials that are used in the likes of missiles, electric vehicles, MRI machines and other advanced technologies - while China stands as their global dominant supplier. See omnystudio.com/listener for privacy information.
Apr 23, 2025•12 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Tesla Inc. backed away from an earlier view for 2025 sales growth and pledged to revisit its outlook next quarter, a sign that tariffs, an aging vehicle lineup and the backlash against Chief Executive Officer Elon Musk are having an impact on the electric-vehicle maker. The company on Tuesday reported adjusted earnings of 27 cents per share for the first quarter, below the average analyst estimate. Tesla omitted an earlier pr...
Apr 22, 2025•26 min
ICYMI: Bloomberg big tech team leader Sarah Frier joins to talk about her Businessweek column on YouTube Manager John Shahidi - and how he played a role in sending Trump back to the White House. See omnystudio.com/listener for privacy information.
Apr 22, 2025•8 min
Check out the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's winners and losers in the stock market. Listen on Apple: https://apple.co/4kJ43ON Listen on Spotify: https://tinyurl.com/mr385jv6 Listen on other platforms: https://link.podtrac.com/h0zn7xir See omnystudio.com/listener for privacy information....
Apr 21, 2025•6 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. The Supreme Court is considering an emergency petition from President Donald Trump that could imperil the Federal Reserve’s ability to remain independent. And earlier today, President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell. Trump said in a social media post Monday that “there is virtually No I...
Apr 21, 2025•42 min
Shares in Eli Lilly surged on Friday after its experimental pill helped patients shed weight and control blood sugar about as well as Ozempic, an advance that could turbocharge what’s already one of the fastest growing markets in medicine. Shares of the drug’s originator Chugai Pharmaceutical Co. also soared. The triumph of Ozempic, the blockbuster diabetes shot from Novo Nordisk A/S, and related drugs including Zepbound and Mounjaro from Lilly, has set off an all-out push to develop a pill that...
Apr 21, 2025•7 min
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 Podcasts. Like us at Bloomberg...
Apr 18, 2025•1 hr 15 min
Netflix reported first-quarter profit that exceeded Wall Street forecasts, boosted by a recent price increase and a strong slate of programming across the globe, like the hit UK series Adolescence. The owner of the world’s most popular online TV network said in a statement Thursday that earnings rose 25% to $6.61 a share, easily beating analysts’ estimates of $5.68. Sales grew 13% to $10.5 billion, in line with projections. This is the first time Netflix has reported financial results without di...
Apr 17, 2025•18 min
Google illegally monopolized some online advertising technology markets, according to a federal judge, whose ruling marked the latest antitrust setback for the company and a challenge to its main source of revenue. US District Judge Leonie Brinkema found on Thursday that the Alphabet Inc. unit violated antitrust law in the markets for advertising exchanges and tools used by websites to sell ad space, known as ad servers. But she said the company didn’t meet the definition of a monopoly for a thi...
Apr 17, 2025•39 min
Heather Spilsbury, CEO of 50/50 Women on Boards discuses the importance of women being on company boards and the non profit's third annual 50 Women to watch for Boards program. 50/50 Women on Boards is a nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards. Hosts: Carol Massar and Tim Stenovec Producer: Sebastian Escobar See omnystudio.com/listener for privacy information....
Apr 17, 2025•11 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . The Trump administration is preparing to pressure nations to curb trade with China in negotiations over US tariffs, according to people familiar with the matter. Dozens of nations are seeking reductions or exemptions from President Donald Trump’s historic import taxes. In exchange for doing so, the US is set to ask them to take steps limiting China’s manufacturing might, a bid to ensure Beijing doesn’t find avenues around Tru...
Apr 16, 2025•45 min
Columbia University Senior Research Scholar and Professor Edward Fishman on US credibility and how that is affecting its stance in the midst of a global trade war. Plus, Bloomberg News Higher-Education Finance Reporter Janet Lorin on Harvard's fight with the Trump administration and Jillian Berman on her book, " Sunk Cost, Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It " See omnystudio.com/listener for privacy information....
Apr 16, 2025•26 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Today's show features: Bloomberg Businessweek National Correspondent Josh Green on Trump’s Tariff Obsession Bloomberg News Finance Reporter Katherine Doherty on Bank of America Earnings & Bloomberg News US Finance Team Leader Sally Bakewell on Citi Earnings Bloomberg Detroit Bureau Chief David Welch, on today's Big Take: Mary Barra Is Trying to Sell EVs in Trump’s America and we Drive to the Close with Alan Zafran, Foundi...
Apr 15, 2025•43 min
Kim Forrest, Founder and CIO of Bokeh Capital Partners, discusses why the tariff war has highlighted people's short term views on the market and to "keep calm and invest on." Plus, Bloomberg Tech Reporter Riley Griffin on RFK Jr. warning his FDA staff of ‘Deep State’ in All-Hands Meeting See omnystudio.com/listener for privacy information.
Apr 15, 2025•16 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Mark Zuckerberg took the stand in federal court Monday as the first witness in the US Federal Trade Commission’s antitrust trial seeking to break up Meta Platforms Inc. The company’s founder and chief executive officer will face questions about the company’s acquisitions of Instagram and WhatsApp. The FTC is seeking to force Meta to divest those platforms, alleging the acquisitions gave Meta an illegal monopoly on portions of...
Apr 14, 2025•35 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Wall Street’s gyrations shook markets anew, with stocks wiping out losses to extend their best weekly rally since 2023. The rebound came as a selloff in longer-term Treasuries and the dollar abated, following a few chaotic days that underscored fears foreign investors are beating a retreat from American assets. Volatility shows little signs of easing as concerns that President Donald Trump’s fast-evolving trade policy is not ...
Apr 11, 2025•32 min
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 Bloombe...
Apr 11, 2025•1 hr 18 min
Louis Navellier, Chairman, Founder and CIO of Navellier & Associates, explains why he's optimistic about markets with quarterly earnings set to start rolling out in full force, and why he believes "the bond vigilantes are in charge" at the White House following President Donald Trump's temporary tariff pullback. See omnystudio.com/listener for privacy information.
Apr 11, 2025•11 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Less than 24 hours after President Donald Trump backtracked on his once-in-a-century trade war to prevent a meltdown in financial markets, frantic selloffs hit US stocks, bonds and the dollar yet again as fears of a worldwide recession engulfed Wall Street. The S&P 500 Index ended the day down 3.5% as investors seized on Wednesday’s historic rebound to sell. Long-term Treasuries sank, sending yields soaring after a brief ...
Apr 10, 2025•40 min
China Beige Book International Chief Operating Officer Shehzad Qazi examines President Donald Trump's latest salvos in the US-China trade war and discusses the odds of an economic decoupling between the two superpowers. See omnystudio.com/listener for privacy information.
Apr 10, 2025•7 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump’s pledge to pause tariffs on some trading partners ignited the biggest burst of buying Wall Street has seen since 2008. Trump announced a 90-day pause on higher reciprocal tariffs that hit dozens of trade partners after midnight, while raising duties on China to 125%. After narrowly avoiding a bear market, the S&P 500 staged a historic bounce from a selloff that wiped out trillions from global share...
Apr 09, 2025•35 min
ICYMI: Bloomberg News finance reporter Max Abelson explains how the Trump administration's economic policies, particularly when it come to tariffs, are causing global financiers to brace for soured loans, canceled deals, and job losses. See omnystudio.com/listener for privacy information.
Apr 09, 2025•9 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Another volatile day on Wall Street pushed the S&P 500 Index back to the brink of a bear market as the Trump administration doubled down on its plans to enact hefty tariffs that threaten to send the American economy into a recession. The S&P 500 fell 1.6% in a fourth straight session that has seen moves of at least 4% from peak to trough. The index powered higher by as much as 4% in early trading on optimism that Pres...
Apr 08, 2025•41 min
ICYMI: Trillium economist and portfolio manager Cheryl Smith joins to discuss her outlook on Trump's trade war and how long she sees volatility affecting markets. See omnystudio.com/listener for privacy information.
Apr 08, 2025•7 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . Tesla Inc.’s stock extended losses Monday, dropping below a price at which Commerce Secretary Howard Lutnick predicted they’d never fall to again.The shares plunged as much as 9.2% to $217.41 as of 9:41 a.m. in New York, amid a broader selloff in global equity markets. Lutnick said during a Fox News interview on March 19 — when Tesla closed at $235.86 — that viewers should buy the stock, saying “it’ll never be this cheap agai...
Apr 07, 2025•30 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . With markets melting down, we get perspective on how business leaders are navigating the President Donald Trump's sweeping tariffs. We speak with Wayfair CFO Kate Gulliver and Bloomberg News senior editor Nina Trentmann joins for a conversation with Optical Foundry CEO Rob Rich. See omnystudio.com/listener for privacy information....
Apr 07, 2025•25 min
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF . In every corner of the financial markets, from stocks to bonds to commodities, investors sent Donald Trump the same unmistakable message: The trade war he unleashed is threatening to set off a worldwide recession — and fast. With China retaliating less than 48 hours after the US president rolled out his punitive tariffs, traders are pricing in what increasingly looks like a negative-feedback loop as Trump shows little signs o...
Apr 04, 2025•46 min
