Tesla shares rocket by 21.9 percent – the company’s largest one-day gain in more than a decade – as U.S. markets hope to avoid their first negative week in six. The IMF warns that the growth gap between the EU and U.S. will only widen further. We hear from ECB board member and governor of the National Bank of Belgium, Pierre Wunsch, who says he would conside ... Show More
Today
Reeves' Budget raises taxes for millions
<p>UK Chancellor Rachel Reeves raises the tax burden to an all-time high in her autumn budget, calling them ‘her choices’. Markets, however, remain sanguine with gilts falling and sterling pushing higher. German sportswear brand Puma sees shares surge on reports of a takeover bid ... Show More
25m 46s
Apr 2024
Zelenskiy Welcomes Aid, A TikTok Countdown & Tesla Woes Mount
Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) US approval of more than $60 billion in aid throws a lifeline to Ukraine’s beleaguered military, though it’s unlikely to turn the tide in the war on its own.
(2) After years of workin ... Show More
16m 2s
Apr 2021
Bitcoin's Horrible Weekend, GameStop CEO to Step Down, The UK Intervenes in Nvidia's$40B Chip Deal, An Earnings Beat for Coca-Cola, Tesla Shares Slide Amid Probe, and Disney CEO's Message on Movies and Reopening Theaters
Carl Quintanilla, Jim Cramer and David Faber let off the show by discussing working our way back to normal: Jim and David being on set together for the first time in 13 months. They segued to Bitcoin's weekend sell-off and
what it means for cryptocurrency and shares of Coinbase ... Show More
43m 56s
Oct 17
Trump softens China tariffs, gold rallies, regional banks hit
US stocks open mixed after President Trump told Fox Business the 100% tariff on China “won’t stand,” calling high tariffs “not sustainable.” Futures turned higher on hopes of easing trade tensions ahead of a planned Trump–Xi meeting in two weeks. The optimism comes after a turbul ... Show More
21m 41s
Sep 5
Closing Bell: Tesla Shares Rally, Broadcom Soars, Lululemon Drops
On this episode of Stock Movers:Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.- Tesla (TSLA) proposed a new compensation ag ... Show More
5m 39s
Sep 2024
Tech rally saves the day, ECB meets today
<p>US inflation unexpectedly rose in August, with core inflation up 0.3% month-on-month and 3.2% year-on-year. The data suggests that the Fed will cut rates next week by 25bps rather than 50bps. Markets initially reacted negatively, but US equities later rallied strongly, led by ... Show More
12m 50s