Apple Unveils Foldable iPhone & New AI Strategy

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are T. Rowe Price Portfolio Manager Tony Wang, IDC Senior Director, Data & Analytics Nabila Popal, Former Apple CEO John Sculley, Signet Jewelers CEO J.K. Symancyk, LightShed Partners Walter Piecyk, S&P Dow Jones Indices CEO Catherine Clay, Oak Hill Advisors Founder & CEO Glenn August, QTS Co-CEO Tag Greason, AGCO Corp. CEO, Chairman & President Eric Hansotia, & Unifor National President Lana Payne. Chapters: 00:00:00 Bloomberg The Close 00:02:11 Mark Gurman Breaks Down Apple’s New Era 00:06:57 Apple’s Foldable iPhone Through an Investor Lens 00:10:31 Foldable iPhone’s Impact on the Smartphone Market 00:15:29 Former Apple CEO John Sculley on John Ternus & Innovation 00:19:19 Apple’s $2,000 Price Tag & the AI Opportunity 00:23:10 Apple vs. OpenAI & the Future of AI Devices 00:26:18 Ed Ludlow on Foldable iPhone Demand & Pricing 00:29:18 Signet Jewelers CEO on Strong Earnings & Consumer Demand 00:33:16 Lab-Grown Diamonds, Tariffs & Jewelry Trends 00:38:02 Apple’s New Leadership & Product Strategy 00:43:42 S&P Dow Jones CEO on the S&P 500 Rebalancing 00:47:12 Big Tech Concentration, Equal Weight & Index Investing 00:54:14 Oak Hill’s Glenn August on AI Infrastructure Lending 00:56:41 Distressed Software & Private Credit Opportunities 01:00:19 Credit Markets, Refinancing & the Maturity Wall 01:03:46 Oak Hill Advisors, T. Rowe Price & Private Credit Growth 01:06:36 QTS on the Data Center Boom & Political Backlash 01:10:14 QTS Announces $1 Billion Water Infrastructure Fund 01:12:18 Data Centers, Power Grid Costs & Energy Affordability 01:18:03 AGCO CEO on Rising Costs for Farmers 01:20:10 Autonomous Farming & AGCO’s Retrofit Technology 01:23:08 Agriculture Outlook, Brazil & Global Demand 01:27:20 U.S.-Canada Trade War Escalates 01:30:13 Tariffs, Consumer Backlash & Rebuilding U.S.-Canada Trust 01:32:04 Trade Bans & the Economic Impact on Canada 01:34:57 What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts