Bloomberg Talks

Hugging Face CEO Clement Delangue discusses OpenAI models' hack on Hugging Face last month and the future of AI regulation. Talking about the hack, Delangue, said that while companies want AI agents to think outside the box, they don't want AI to 'think outside the sandbox' and stay in the closed testing environment. Delangue also discussed government involvement in AI regulation and said that there is a risk that too much government intervention would result in a 'concentration of power' and said that is one of the biggest risks in the AI space. He talks to Bloomberg's Ed Ludlow. See omnystudio.com/listener for privacy information.

Amazon Web Services CEO Matt Garman says the company will keep investing in capex. “Today, demand still significantly outstrips supply and we’re trying to build and invest to keep up with what customers are asking for." He talks to Bloomberg's Ed Ludlow.See omnystudio.com/listener for privacy information.

Torsten Slok, Chief Economist at Apollo, said that while AI and the Fed may be issues more at the forefront of the economic conversation, risk from the Iran war and its subsequent impact on fuel stores remains an important factor in the background. Slok also commented the possibility that the Fed may have fewer meetings, saying that market will still try to price the Fed regardless of the schedule.See omnystudio.com/listener for privacy information.

IBM Vice Chairman Gary Cohn says, “the market became addicted to knowing what the Fed was going to do” as he discusses market reaction to Federal Reserve Chairman Kevin Warsh’s handling of the US central bank. Cohn also discusses Japan and the US Treasury Department working together to shore up the yen and the instabilities being dealt with by markets. He talks to Bloomberg's Jonathan Ferro and Lisa Abramowicz. See omnystudio.com/listener for privacy information.

Former Fed Vice Chair Richard Clarida joined Bloomberg's Tom Keene and Scarlet Fu to discuss bonds and retirement.See omnystudio.com/listener for privacy information.

Bloomberg Opinion Contributor Bill Dudley joined Bloomberg's Jonathan Ferro and Lisa Abramowicz to discuss his latest piece 'Warsh’s Approach to Fed Policy Is Deeply Flawed.'See omnystudio.com/listener for privacy information.

Mike Arougheti, co-founder and CEO of Ares Management, joined Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern to discuss record earnings.See omnystudio.com/listener for privacy information.

Robinhood Chairman and CEO Vlad Tenev says the prediction markets business is the fastest growing in the firm’s history. Tenev also discusses the company's initiatives, Trump Accounts and the future of crypto. He talks to Bloomberg's Romaine Bostick and Emily Graffeo.See omnystudio.com/listener for privacy information.

Jersey Mike's CEO Charlie Morrison discusses the company's first day of trading, the cyclospora outbreak and customer demand growth. He talks to Bloomberg's Dani Burger.See omnystudio.com/listener for privacy information.

AON CFO Edmund Reese talks geopolitical uncertainty, uneven economic growth, and technological innovation. He talks to Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.

Speaking to Bloomberg’s Francine Lacqua following the Bank of England’s decision to hold interest rates, Governor Andrew Bailey highlighted how geopolitical unpredictability and volatile oil prices pose ongoing upside risks to inflation, even as domestic price metrics temporarily eased. He noted a cooling "low-hire, low-fire" UK labor market, driven by broader economic softening rather than early-stage AI adoption, where reduced turnover is driving up youth unemployment and creating hurdles for job seekers.See omnystudio.com/listener for privacy information.

Starbucks Chairman and CEO Brian Niccol says that customers are spending more per visit by adding drink additions and food, while improved staffing and store upgrades are boosting transactions. Speaking to Romaine Bostock on Bloomberg Open Interest, Niccol says that the company's turnaround efforts are driving broad-based sales gains across customer demographics.See omnystudio.com/listener for privacy information.

White House National Economic Council Director Kevin Hassett says he has full confidence in Federal Reserve Chairman Kevin Warsh after the central bank decided to keep rates unchanged. Speaking on "Bloomberg Open Interest," Hassett also weighs in on current inflation levels and says he doesn't see markets in bubble territory because of AI.See omnystudio.com/listener for privacy information.

Senator John Kennedy (R-LA) says maintaining sanctions and a blockade on Iran will be "painful" for Americans ahead of the midterms, but argues that sustaining the pressure for several more months may be the most effective way to move Tehran. The Louisiana Republican calls inflation "pernicious" and says the Federal Reserve will have to raise rates if it is not brought under control. Sen. Kennedy also says that, "if I had to bet," the Senate Judiciary Committee will not vote on Todd Blanche's nomination for attorney general tomorrow. He talks to Bloomberg's Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.

Listen for instant reaction and analysis of megacap tech earnings from Meta, Microsoft and Qualcomm. Meta Platforms gave a disappointing revenue forecast for the current quarter, intensifying investor concerns about the social media giant’s unprecedented spending on artificial intelligence and sending shares lower afterhours. Microsoft’s cloud unit grew at the fastest pace in four years, suggesting that the company’s computing infrastructure and artificial intelligence services continue to make inroads with businesses. Shares of Microsoft rose in extended trading. Qualcomm, the largest maker of smartphone processors, gave a weak profit forecast for the current quarter, signaling that component shortages and rising costs are taking a toll on its main market. The company’s stock fell afterhours. To break down all of this, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with: Ed Ludlow, Host, Bloomberg Tech Mandeep Singh, Global Head of Technology Research, Bloomberg Intelligence See omnystudio.com/listener for privacy information.

Bloomberg’s Tom Keene, Jon Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve’s latest policy decision on a special edition of Bloomberg Surveillance. Warsh insisted policymakers’ decision to leave interest rates unchanged wasn’t a sign of inertia at the central bank, which he reiterated is committed to tackling inflation. The Federal Open Market Committee voted 9-3 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%. Dallas Fed President Lorie Logan, Cleveland’s Beth Hammack and Minneapolis Fed chief Neel Kashkari dissented in favor of raising rates by a quarter percentage point. The fractured vote signaled growing conviction among some policymakers that higher rates are needed to curb resurgent price pressures. The committee’s post-meeting statement was otherwise identical to the one issued following their June meeting, with officials repeating their pledge to “deliver price stability.”See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left interest rates unchanged, but a fractured vote signaled growing conviction among some policymakers that higher rates are needed to curb resurgent inflation. The Federal Open Market Committee voted 9-3 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%. Dallas Fed President Lorie Logan, Cleveland’s Beth Hammack and Minneapolis Fed chief Neel Kashkari dissented in favor of raising rates by a quarter percentage point. The committee’s post-meeting statement was otherwise identical to the one issued following their June meeting. Officials repeated their pledge to “deliver price stability.”See omnystudio.com/listener for privacy information.

Energy Secretary Chris Wright said that a new $100 billion data center campus built by NextEra energy and Brookfield will be powered by a nuclear and gas supply built on federal lands and will provide its own water. Wright also discussed the state of energy prices as the Iran war heats back up, and said it's not possible to forecast where gas prices will be by Labor Day.Wright spoke with Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.

The CEO of L’Oréal, the world’s largest cosmetics company, says the performance in the Middle East was below expectations but somewhat compensated by a rebound of growth in China. Nicolas Hieronimus spoke exclusively with Bloomberg’s Francine Lacqua from Paris.See omnystudio.com/listener for privacy information.

SoFi Technologies announced record second-quarter revenue of $1.2 billion, driven by 40% revenue growth and strong profitability metrics including a 30% EBITDA margin and robust net income margin. The company also raised its full-year revenue guidance, reflecting confidence in continued member growth, product adoption, and cross-selling success. However, SoFi maintained its earnings guidance unchanged, citing the need to continue investing in growth and uncertainty from anticipated interest rate increases. SoFi CEO Anthony Noto emphasized the company’s long-term profitability outlook while explaining the cautious approach to near-term earnings. He spoke with Bloomberg Tech host Ed Ludlow.See omnystudio.com/listener for privacy information.

Morgan Stanley Chief US Equity Strategist Mike Wilson says investors are rotating out of some of the year's biggest winning technology trades. He says hyperscalers will stabilize and semiconductors stocks will correct. He speaks with Bloomberg's Nathan Hager. See omnystudio.com/listener for privacy information.

Former US Vice President Mike Pence reflects on the life and foreign-policy legacy of Senator Lindsey Graham, calling him a "tenacious advocate for American freedom at home and abroad." Pence says the greatest tribute to Graham would be for the Senate to advance tough new sanctions on Russia and "marshal the West again" in support of Ukraine. He speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power.See omnystudio.com/listener for privacy information.

Barnes & Noble CEO James Daunt says 'The Odyssey' by Homer is a best selling book, while speaking with Bloomberg's Romaine Bostick and Emily Graffeo. He also discusses the bookseller's strategy, book sales and whether the company might go public. See omnystudio.com/listener for privacy information.

UPS shares tumbled after its outlook for volume and profit margins underwhelmed investors looking for stronger signs of improvement as the courier unwinds its relationship with Amazon.com Inc. UPS CEO Carol Tomé says the Amazon glide down “is behind us.” In place of the low-margin e-commerce packages that Tomé has said were “dilutive” to profits, UPS is focusing now on fewer parcels that yield higher margins. She speaks to host Romaine Bostick. See omnystudio.com/listener for privacy information.

Liverpool Football Club is trying to expand its fan base in the US and is here again for a summer tour. CEO Billy Hogan says the World Cup has been great for football. He speaks to Dani Burger about trying to attract new star players and growing the sport in the US.See omnystudio.com/listener for privacy information.

Meredith Whitney Advisory Group CEO and Founder Meredith Whitney says she thinks that Federal Reserve policymakers will hold rates steady and that the tasks forces launched by Fed Chairman Kevin Warsh "buy time."See omnystudio.com/listener for privacy information.

The US earnings season suggests companies are successfully defending profits against a difficult macro backdrop, even as weaker revenue beats and deteriorating estimate revisions point to lingering pressure beneath the surface, according to RBC strategists Lori Calvasina and Amy Wu Silverman. They speak with Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.

Amanda Lynam, chief credit strategist at Goldman Sachs discusses discuss the state of private credit with Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.

Nvidia President & CEO Jensen Huang says “this is the golden ages for Korea" after teaming up with SK Group to build more than 2 gigawatts of AI data centers on the Korean Peninsula. Speaking to Bloomberg Television's Ed Ludlow in an exclusive interview in San Francisco, Huang adds, “Their semiconductor business is booming. Their industrial business is booming. You know, this is a country that has the ability to help the world build out the AI infrastructure.” Huang speaks to Ludlow after the CEO's appearance at a Korean AI Summit and meeting with South Korean President Lee Jae Myung.See omnystudio.com/listener for privacy information.

Ed Yardeni, President at Yardeni Research, joined Bloomberg's Tom Keene and Scarlet Fu on Bloomberg Money to discuss some of the market research done by the company as well as his personal strategy for investing.See omnystudio.com/listener for privacy information.

Jeetu Patel, Cisco president and chief product officer, talks about an upcoming AI tool named '"Antares" that will be used to hunt down software bugs and protect sensitive customer data. He also talks about the recent security breach at Hugging Face by OpenAI models and how companies can protect themselves. Patel speaks with Bloomberg's Jonathan Ferro, Annmarie Hordern, and Lisa Abromowicz on Bloomberg Surveillance.See omnystudio.com/listener for privacy information.

With the war in Iran still pushing on, Senator Dave McCormick (R-PA) joined Bloomberg's Jonathan Ferro, Annmarie Hordern, and Lisa Abromowicz on Bloomberg Surveillance to discuss the potential for wider and more intense attacks on Iran as well as the outlook for defense spending in the US.See omnystudio.com/listener for privacy information.

SAP's stock climbed 6% in premarket trading in New York after the company reported strong revenue growth in its cloud business. The company's current cloud backlog grew 26% on a constant-currency basis to EUR22.93 billion in the second quarter, above analysts' forecasts of 24%. SAP cut its outlook for the year, citing a EUR100 million impact from the acquisition of data platforms Prior Labs and Dremio, and trimmed its guidance for non-IFRS operating profit. CEO Christian Klein joined The Opening Trade to talk with Bloomberg's Anna Edwards and Guy Johnson.See omnystudio.com/listener for privacy information.

IBM Chairman and CEO Arvind Krishna says that the recent slowdown in infrastructure deals was driven by a temporary reprioritization of customer capital spending rather than weakening demand. Speaking to Ed Ludlow and Romaine Bostick on Bloomberg Tech, Krishna says that about one-third of delayed products have already resumed. See omnystudio.com/listener for privacy information.

House Financial Services Chair Rep. French Hill joins Bloomberg to discuss the House backing Trump's Iran War budget despite midterm fears. He says Sen. Thune has many options in his arsenal to try and pass the budget. He also adds that no one wants high gas prices.See omnystudio.com/listener for privacy information.

BNP Paribas CFO Lars Machenil speaks with Bloomberg TV's Guy Johnson and Anna Edwards as the bank reported better-than-expected revenue and profit for the second quarter. "If you look at the cost of risk in our divisions, it is basically stable," he says. "What is that additional basis point coming from? It's because we took a prudent stand saying there is some geopolitical uncertainty and that allows us to take a generic provision for that uncertainty," Machenil adds.See omnystudio.com/listener for privacy information.

Blackstone President and COO Jon Gray says that the power of AI is being underestimated and that AI is creating new revenue streams while speaking with Bloomberg News' Dani Burger. The interview comes as Blackstone reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.See omnystudio.com/listener for privacy information.

Wells Fargo Chief Executive Officer Charlie Scharf says he's "big time bullish on the US." He talks about the state of the US consumer, the economy, earnings and where his employees want to live and work. He speaks exclusively to Bloomberg's Romaine Bostick.See omnystudio.com/listener for privacy information.

AT&T Chairman & CEO John Stankey says he believes the company's valuation will "ultimately correct itself" and that AT&T is positioned to be indispensable for future workloads in the AI environment, while speaking with Bloomberg News' Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern on Bloomberg Surveillance. He also spoke about satellite and Starlink during the interview, saying SpaceX has served less densely populated areas.See omnystudio.com/listener for privacy information.

Senator Mark Warner (D-VA) says Congress must move quickly to establish safeguards for artificial intelligence, warning that the technology could severely disrupt employment for recent college graduates. Warner also says he currently opposes the administration's supplemental funding request for the war with Iran and explains why he voted against Jay Clayton's nomination for director of national intelligence. He speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power."See omnystudio.com/listener for privacy information.

Republican Senator Rick Scott of Florida says preventing Iran from obtaining a nuclear weapon will likely require "a lot more bombing" and argues that "nothing should be off the table" when asked about the possibility of the US occupying Iran's Kharg Island. Sen. Scott says a sanctions bill targeting buyers of Russian energy will pass before the August recess. He also calls for eliminating the legislative filibuster. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.

Senator Rand Paul, a Republican from Kentucky, says the biggest threat to the country is debt. Defense Secretary Pete Hegseth asked Congress on Tuesday for an additional $67 billion to help fund the war in Iran. Paul calls that "fiscally irresponsible." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.