Listen for top interviews from Bloomberg News.
Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.
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Listen for top interviews from Bloomberg News.
Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.
Copyright: © 2023 Bloomberg and iHeartPodcasts
US Senator Ted Cruz, Chairman of the Senate Commerce Committee, joined Bloomberg TV following his participation in a panel on economic mobility at the Milken Institute Global Conference. As chairman, Cruz oversees the legislative agenda related to artificial intelligence, technology, space, transportation, and consumer protection. The discussion highlighted his influential role in shaping policies across these critical sectors.
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Chevron CEO Mike Wirth joins Bloomberg TV from the Milken Conference in Beverly Hills to discuss the impact of renewed conflict and the Strait of Hormuz closure on global energy markets. He said about 20% of the world’s energy flows through the strait and warned that inventories and system buffers are being drawn down, increasing price volatility and the risk of supply outages, particularly in Europe and Asia.
Wirth noted Chevron has slowed some production in Kuwait and Saudi Arabia and cut back petrochemical output, though the firm is less exposed than peers. Despite recent volatility costing Chevron about $3 billion, he said the company plans to grow production 7–10% globally this year versus roughly 2% demand growth, using scenario analysis rather than point forecasts to guide decisions.
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Pershing Square Founder and CEO Bill Ackman says succession at the company is already in place. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Ackman also discusses his bid for Universal Music Group, the rise of prediction markets and offers his views on New York City Mayor Zohran Mamdani.
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Eurasia Group President Ian Bremmer says President Donald Trump doesn't have the ability to reopen the Strait of Hormuz right now. But he does say Iran is desperate. He speaks to Joe Mathieu and Carol Massar at the Milken Global Conference.
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Apollo Asset Management co-President John Zito talks about how AI is impacting investing and private credit. “Everyone is acknowledging we will be in a higher-volatility regime, but they are not acknowledging credit is actually the typical safer place to be," he told Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills.
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Chevron shares fell at the end of the week after a "messy" first quarter report, according to analysts. Company CFO Eimear Bonner spoke with Bloomberg's Annmarie Hordern about boosting buyback, storage buffers, Trump administration waivers and Venezuela competitiveness.
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Brooks Running CEO Dan Sheridan breaks down his company's latest earnings and its outlook for the rest of the year. He speaks with hosts Carol Massar and Tim Stenovec.
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NASA Administrator Jared Isaacman discusses the future of US space travel and the Trump administration’s plans for the moon, Mars, and beyond. He speaks with hosts Jonathan Ferro and Lisa Abramowicz.
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Roblox stock plummeted after the company slashed its full-year bookings forecast, admitting that new age-verification and child-safety features are creating major short-term friction for user growth. Roblox CEO Dave Baszucki speaks with hosts Caroline Hyde and Ed Ludlow.
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A record-breaking run drove stocks toward their longest weekly rally since 2024 amid hopes for a deal to end the Iran war that has rattled financial markets and jeopardized the economic outlook. The nearly 1% advance in the S&P 500 Friday left the gauge on track for a fifth straight week of gains.
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, discusses pressure on equities from the oil shock and why prices continue to climb higher.
She speaks with hosts Paul Sweeney and Alexis Christoforous.
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