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Bloomberg News Seattle Bureau Chief Dina Bass breaks down Microsoft's plunge as a result of lackluster Azure sales. Bloomberg Wealth Team Reporter Amanda Gordon explains why a Park Avenue revamp is NYC's secret weapon to keep finance elite. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Managing Editor Mark Milian provide the details of the Businessweek story California's Tech Millionaires Split on Tax Plan to Fund EVs. Bloomberg News Equities Reporter Ryan Vlastelica discusses Alphabet and Microsoft sparking a $380 billion megacap rout. And we Drive to the Close with David Kudla, CEO of Mainstay Capital. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Bloomberg News Seattle Bureau Chief Dina Bass breaks down Microsoft's plunge as a result of lackluster Azure sales. Bloomberg Wealth Team Reporter Amanda Gordon explains why a Park Avenue revamp is NYC's secret weapon to keep finance elite. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Managing Editor Mark Milian provide the details of the Businessweek story California's Tech Millionaires Split on Tax Plan to Fund EVs. Bloomberg News Equities Reporter Ryan Vlastelica discusses Alphabet and Microsoft sparking a $380 billion megacap rout. And we Drive to the Close with David Kudla, CEO of Mainstay Capital. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
LONDON — Tesla had a rocky start to the year with vehicle deliveries down by 31% from 2018’s fourth quarter. But there may be a lifeline for electric vehicle makers including Tesla from American lawmakers. A bi-partisan group plan to introduce a bill to expand federal tax credits for buyers of electric cars. This after an existing $7,500 tax credit which phases out over 15 months was halved for Tesla buyers in the beginning of the year. The bill dubbed the Driving America Forward Act would grant automakers a $7,000 tax credit for an additional 400,000 vehicles. Tesla shares rose by 1.6% on the news. In the meantime, Tesla CEO, Elon Musk is in a legal dispute with the US Security and Exchange Commission after the SEC said Musk violated their 2018 agreement when he tweeted in February 2018 that Tesla will make half a million cars in 2019. On the 4th of April 2019, a federal judge gave him and the SEC two weeks to come to a settlement urging Musk “to put his reasonable pants on.” In a Bloomberg debate on Tesla’s future, the CEO of Gerber Kawasaki Wealth Management, Ross Gerber dismissed the controversy around Musk saying he was becoming a folk hero in America, while David Kudla, the CEO of Mainstay Capital said that Tesla was past its peak. - Linda van Tilburg
Craig Trudell, Bloomberg News Auto Reporter, and David Kudla, CEO at Mainstay Capital, talk aboutTesla cutting its workforce by 7 percent -- or more than 3,000 jobs – as CEO Elon Musk warns that the “road ahead is very difficult” in making electric cars more affordable for the mass market. Mike Regan, Senior Editor of Bloomberg Markets Live Blog, shares his story from Businessweek Magazine about the Jamaica Stock Exchange, the best-performer in the world. Jo Malone, Founder of Jo Loves, discusses creating experiences for retail shoppers, as well as the impact of Brexit on U.K. retailers. Colin Gardiner, Chief Revenue Officer at Outdoorsy, talks about new funding for the Recreational Vehicle rental startup. And We Drive to the Close of Markets with Joe Quinlan, Head of CIO Market Strategy at Bank of America U.S. Trust. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Craig Trudell, Bloomberg News Auto Reporter, and David Kudla, CEO at Mainstay Capital, talk aboutTesla cutting its workforce by 7 percent -- or more than 3,000 jobs – as CEO Elon Musk warns that the “road ahead is very difficult” in making electric cars more affordable for the mass market. Mike Regan, Senior Editor of Bloomberg Markets Live Blog, shares his story from Businessweek Magazine about the Jamaica Stock Exchange, the best-performer in the world. Jo Malone, Founder of Jo Loves, discusses creating experiences for retail shoppers, as well as the impact of Brexit on U.K. retailers. Colin Gardiner, Chief Revenue Officer at Outdoorsy, talks about new funding for the Recreational Vehicle rental startup. And We Drive to the Close of Markets with Joe Quinlan, Head of CIO Market Strategy at Bank of America U.S. Trust. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
David Kudla, Founder, CEO and Chief Investment Strategist of Mainstay Capital, on Tesla earnings and outlook. Clint Watts, Senior Fellow at the Center for Cyber and Homeland Security at George Washington University, discusses the terrorist pipe bomb attack, and the NY Times report that Trump's unsecured cell phone is being spied on by China and Russia. Scott Kessler, Director, Equity Research and Analyst at CFRA, on Twitter earnings, and previews Google and Amazon earnings. Brian Egger, Senior Gaming & Lodging Analyst for Bloomberg Intelligence, discusses how lottery gaming companies like IGT and Sci Games are benefiting from the record lottery jackpots. Hosted by Pimm Fox and Lisa Abramowicz.
David Kudla, Founder, CEO and Chief Investment Strategist of Mainstay Capital, on Tesla outlook following the SEC lawsuit against CEO Elon Musk. Former Cisco CEO John Chambers shares his playbook and leadership philosophy in his new book, "CONNECTING THE DOTS: Lessons for Leadership in a Startup World." John Wilson, Cornerstone Capital Group's Head of Research and Corporate Governance, on how Tesla's Board should be handling Elon Musk. Lauren Jupiter, Co-Founder and Managing Partner of venture capital fund AccelFoods, on investing in high-growth and innovative food & beverage startups, and trends in the food space. Hosted by Pimm Fox and Lisa
Carol and her new co-host Jason Kelly speak to Cathie Wood, CEO at ARK Investment Management, and David Kudla, CEO at Mainstay Capital, on whether Tesla should go private. Vince Passione, Founder and CEO at LendKey, explains how to navigate student loans and debt. Matt Schreiber, President and Chief Investment Strategist at WBI Investments, discusses how investors should respond to trade tariffs. Molly Smith, Bloomberg News Corporate Finance Reporter, explains how Tesla could win much-needed debt relief by going private. And we Drive to the Close with Ryan Detrick, Senior Market Strategist for LPL Financial.
Carol and her new co-host Jason Kelly speak to Cathie Wood, CEO at ARK Investment Management, and David Kudla, CEO at Mainstay Capital, on whether Tesla should go private. Vince Passione, Founder and CEO at LendKey, explains how to navigate student loans and debt. Matt Schreiber, President and Chief Investment Strategist at WBI Investments, discusses how investors should respond to trade tariffs. Molly Smith, Bloomberg News Corporate Finance Reporter, explains how Tesla could win much-needed debt relief by going private. And we Drive to the Close with Ryan Detrick, Senior Market Strategist for LPL Financial. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
David Kudla, Founder, CEO and Chief Investment Strategist of Mainstay Capital, on markets, current investment strategy, and stock picks.Bob Sinche, Global Strategist for Amherst Pierpont Securities, on what's happening with the China yuan. Brian Manning, co-Founder of Centric Digital and co-author of "Digital Transformation," on the companies that are leading the digital home revolution. Geetha Ranganathan, Technology and Media Analyst for Bloomberg Intelligence, on Comcast racing against the clock to wrest Fox from Disney.
(Bloomberg) -- Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz. Guests:David Kudla, Founder, CEO and Chief Investment Strategist of Mainstay Capital, on auto earnings, and a broader look at the auto industry. Yalman Onaran, Senior Writer: Banking and Finance for Bloomberg, on why he’s skeptical that Deutsche Bank can execute its latest plan. Scott Li, principal at CRG, a healthcare private investment firm, discusses investment opportunities in the healthcare landscape. Shira Ovide, Bloomberg Gadfly technology columnist, on Facebook, Amazon, and a look at investor jitters abvout Apple.
David Kudla, CEO and Chief Investment Strategist of Mainstay Capital, on market outlook and his current sector picks.David Kudla, CEO and Chief Investment Strategist of Mainstay Capital, on market outlook and his current sector picks. Shira Ovide, Bloomberg Gadfly columnist covering technology, on the eight biggest themes in technology for 2017, and Facebook's crucial video efforts. Karen Mills, former SBA Administrator and Senior Fellow at Harvard Business School, on the impact that Trump's tax plan will have on small business, and outlook for infrastructure. Lou Palumbo, director of Elite Intelligence and Protection, on the costs associated with protecting crowds on New Year's Eve and other large events.
Damian Sassower, a fixed-income strategist at Bloomberg Intelligence, talks about how EM sovereign spreads are driving energy industry debt valuations, exposing issuers to political risks. Dan Wasiolek, a senior equity analyst at Morningstar, discusses Marriott earnings, previews Priceline and gives a general overview of the hospitality industry. David Kudla, the CEO and chief investment strategist of Mainstay Capital, talks about markets, Tesla and his current investment strategies. Finally, Bloomberg Prophet Danielle Dimartino Booth, the founder of Money Strong LLC and a former adviser to the Dallas Fed, discusses retail pain, China's widening trade surplus and rate hikes.
Odilon Almeida, the president of global money transfer at Western Union, discusses his outlook for the rapidly expanding role of digital global money transfer. Logan Mohtashami, a senior loan officer at AMC Lending Group, tells Pimm Fox and Lisa Abramowicz why he doesn't anticipate any housing crash. Brendan Ahern, the chief investment officer at KraneShares, discusses the impact of China stocks winning MSCI inclusion. Finally, David Kudla, CEO and chief investment strategist at Mainstay Capital, talks about markets and investments, the Fed and where he's seeing value.
Conor Sen, a Bloomberg View columnist and money manager at New River Investments, says Donald Trump's infrastructure plan would require an additional 570,000 construction workers. David Kudla, CEO and chief investment strategist of Mainstay Capital, discusses markets and investments, the Fed and his current stock picks. Max Nisen, a Bloomberg Gadfly columnist, discusses Roche's successful patient study on its breast cancer drug and the outlook for Valeant. Finally, Rob Barnett, a senior energy policy analyst at Bloomberg Intelligence, discusses the Trump administration's proposal to slash the EPA's budget by 25 percent.
David Kudla, CEO and chief investment strategist of Mainstay Capital, talks to Pimm Fox about investing in a Donald Trump presidency and gives his 2017 outlook for a variety of asset classes. Jason McGorman, a healthcare services analyst for Bloomberg Intelligence, gives an outlook for health care companies as Obamacare faces a repeal from the GOP. Finally, Kit Konolige, senior utilities analyst for Bloomberg Intelligence, discusses how Toshiba's record fall highlights risks in nuclear project construction.