Month: May 2025

Apple’s Overall Revenue Gains as China Sales Miss

Apple’s overall sales gained 5% to $95.4 billion, ahead of estimates, but sales from China declined 2.3% to $16 billion…

Amazon Sinks on Outlook Miss | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel,…

Amazon’s Profit Forecast Misses Estimates

Amazon.com Inc. gave a weaker-than-expected forecast for operating profit in the current quarter, citing tariffs and trade policies that may…

Nothing Happens at Tesla Without Musk Knowing: Gerber

Long-time Tesla investor Ross Gerber, says he’s not surprised Tesla may have been looking for a new CEO. Gerber, Kawasaki…

Ukraine Minerals Deal ‘Largely Symbolic,’ Not Security Guarantee: Grieco

Kelly Grieco, Stimson Center senior fellow, says she doesn’t see the US-Ukraine minerals deal as a security guarantee between the…

Some Harvard Leaders Need to Go, Summers Says

Former Treasury Secretary and former Harvard President Lawrence Summers says leaders who take "tendentious positions on issues" need to be…

Trump Sidelines National Security Adviser Waltz | Balance of Power: Early Edition

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest moves…

Fed Would Be Making a ‘Serious Error’ If It Cuts Rates Next Week, Summers Says

Former Treasury Secretary Lawrence Summers says it would be a "very serious error" for the Federal Reserve to ease interest…

Basic Fun! CEO: It feels like we’re in April 2020 again

"The uncertainty is really just paralyzing, it’s unbelievable… It looks and feels very much like April 2020," says Basic Fun!…

Trump Picks Rubio for Interim National Security Adviser

President Donald Trump said he will nominate Michael Waltz to be the next US ambassador to the UN. Marco Rubio will serve as interim…