GM Warns ‘Across the Board’ Inflation to Put a Damper on Profit

GM Warns ‘Across the Board’ Inflation to Put a Damper on Profit

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Steve Man, Bloomberg Intelligence Global Autos and Industrials Analyst, discusses GM earnings. General Motors Co. raised its full-year profit forecast, but said the war in Iran is fueling higher-than-expected costs. The company now expects commodity inflation to set back adjusted earnings by as much as $2 billion this year, citing higher costs for aluminum, steel, transportation and logistics.

-Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps Spotify earnings and discusses whether Artificial intelligence is a threat to music. Spotify shares fell after the music streaming company forecasted operating income for the second quarter that trailed expectations.

-Ken Shea, Bloomberg Intelligence Senior Consumer Products Analyst, recaps Coca Cola earnings. Coca-Cola Co. reported organic revenue growth of 10%, topping the average of analyst estimates, and notching the company’s best organic growth in five quarters.

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Spirit Makes Plans to Shutter After Government Rescue Fizzles

Spirit Makes Plans to Shutter After Government Rescue Fizzles

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Sid Philip, Bloomberg Chief Correspondent for Global Aviation, dis...

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Earnings Analysis: Apple Tops Sales Estimates But Falls Short of Blowout Quarter

Earnings Analysis: Apple Tops Sales Estimates But Falls Short of Blowout Quarter

Apple delivered second-quarter revenue that edged past analysts’ estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating....

30 Huhti 15min

Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza

Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence,...

30 Huhti 19min

Earnings Analysis: Meta, Microsoft, Alphabet & Amazon Deliver Earnings

Earnings Analysis: Meta, Microsoft, Alphabet & Amazon Deliver Earnings

Four of the biggest companies in the US: Alphabet, Amazon, Meta and Microsoft all reported earnings after the bell. - Meta Platforms shares slid after the company raised its spending outlook for the y...

29 Huhti 23min

Instant Reaction: Jay Powell on the Fed Decision

Instant Reaction: Jay Powell on the Fed Decision

Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveill...

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Instant Reaction: Fed Holds Rates, Three Officials Dissent

Instant Reaction: Fed Holds Rates, Three Officials Dissent

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left intere...

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Fed Chair Pick Kevin Warsh Wins Key Senate Committee Vote

Fed Chair Pick Kevin Warsh Wins Key Senate Committee Vote

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Enda Curran, Bloomberg Fed and Economy Reporter, discusses Kevin W...

29 Huhti 9min

BONUS: Pershing Square Founder & CEO Bill Ackman Talks Public IPO

BONUS: Pershing Square Founder & CEO Bill Ackman Talks Public IPO

Pershing Square Founder & CEO Bill Ackman joins Bloomberg's Dani Burger on "Bloomberg Deals" to discuss his five billion dollar Pershing Square IPO, an outlook on the markets, as well as his growth an...

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