Michigan Midterms, Apple Earnings & the Tech Selloff

Bloomberg Television4 hours ago1:33:06

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 Edward Jones Head of Investment Strategy Mona Mahajan, Detroit Regional Chamber President & CEO Sandy Baruah, North Rosedale Park Civic Association Vice President Eric Henry, Sperling Economic Strategies President Gene Sperling, Detroit Future City CEO Anika Goss, Morgan Stanley Investment Management Senior Portfolio Manager Andrew Slimmon, M12 Managing Partner Cheryl Cheng, Asymco Founder & Managing Director Horace Dediu, Seaport Research Partners Senior Analyst Jay Goldberg, IDC Senior Director, Data & Analytics Nabila Popal, & Maxim Group Managing Director & Senior Consumer Internet Analyst Tom Forte. Chapters: 00:00:00 Bloomberg The Close 00:04:40 Edward Jones on Market Rotation, AI & Oil 00:10:03 Michigan Economy, Tariffs & the Senate Race 00:16:39 Detroit Voters on Affordability, Jobs & the Midterms 00:22:35 Gene Sperling on Inflation, the Fed & Affordability 00:28:52 Detroit Future City CEO on Jobs & Economic Growth 00:35:25 Morgan Stanley on Tech Rotation & the AI Trade 00:40:39 AI Leverage, Data Centers & Higher Interest Rates 00:45:17 The Closing Bell 00:49:00 Palantir Earnings & Tech Stocks Enter Correction 00:50:45 M12 on AI Startups, Enterprise Demand & ROI 00:55:14 AI Regulation, Startups & U.S.-China Competition 00:58:03 Apple Earnings Preview & the Consumer Outlook 01:03:46 Apple CEO John Ternus Faces His First Earnings Call 01:10:24 Apple Earnings: Revenue & iPhone Sales Beat Estimates 01:15:22 Apple’s AI Strategy, China & Capex Outlook 01:19:03 iPhone Demand, China & the Smartphone Market 01:24:59 iPhone 18 Pro, Duo & Apple’s Product Strategy 01:29:29 Apple’s AI Spending, Cash Flow & Big Tech Advantage 01:32:18 Apple Earnings Recap & Midterms Ahead -------- 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

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