Equities are risk-on after President Trump announced a trade deal with the UK while saying that if China talks go well, tariffs could be lowered. Meanwhile, pharma stocks take a hit on a report Trump will revive an effort to dramatically slash drug costs. Wall Street bonuses are set to drop as tariff turmoil causes economic uncertainty. And a Jeff Bezos-backed startup plans to shake up the EV market. Chris Barman, the CEO of Slate Auto joins Open Interest.
Chapters:
00:00:00 – Bloomberg Open Interest
00:02:06 – Latest Trade News | Tyler Kendall, Bloomberg News
00:05:05 – Crocs Withdraws Guidance | Abigail Gilmartin, Bloomberg Intelligence
00:14:01 – Trump May Pitch Medicare Price Plan | Damian Garde, Bloomberg News
00:19:45 – Katrina Dudley, Franklin Templeton Public Markets Senior Investment Strategist
00:29:03 – Movers | Isabelle Lee, Bloomberg News
00:33:25 – Bezos-Backed Bespoke EVs | Chris Barman, Slate Auto CEO
00:42:25 – Latest Trade News | Tyler Kendall, Bloomberg News
00:47:14 – US, UK Trade Deal | Lizzy Burden, Bloomberg News
00:50:37 – Stephanie Guild, Robinhood Financial Head of Investment Strategy
00:59:21 – Pharma Tariffs | Wendy Barnes, GoodRx CEO
01:06:45 – Latest Trade News | Stephanie Flanders, Bloomberg Economics
01:16:31 – Middle East Fast-Track Funding Deals | Tyler Kendall, Bloomberg News
01:19:52 – Toyota’s $1.3B Tariff Hit | Craig Trudell, Bloomberg News
01:24:07 – Trump: Reached Great Deal with the UK
——–
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