Bloomberg Intelligence

• Tesla Sales Drop, TikTok Bid

  Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel Today’s Podcast Features are:Steve Man, Bloomberg Intelligence Global Autos and Research Analyst, discusses Tesla sales. Tesla’s vehicle sales fell 13% last quarter to an almost three-year low, as the carmaker made over its most important model and dealt with international backlash against Elon Musk.Matthew Schettenhelm, Bloomberg Intelligence Media Litigation Analyst, discusses President Donald Trump meeting to consider a proposal for divesting TikTok's US operations from Chinese parent company ByteDance. Amazon.com has also submitted an offer to purchase TikTok in the final days before the popular video app is scheduled to be banned or sold to US investors, the New York Times reported, citing unidentified people familiar with the talks.Nathan Dean, Bloomberg Intelligence Senior Policy Analyst, discusses the latest on President Donald Trump’s tariffs. He will also look at President Trump has told his inner circle that Elon Musk will be stepping back from his advisory role in the coming weeks, Politico reports, citing three people close to the president. See omnystudio.com/listener for privacy information.

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  22:16
• Trump Tariffs, ISM Data, Auto

  Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel Today’s Podcast Features are:Henrietta Treyz, Managing Partner and Director of Economic Policy at Veda Partners, discusses President Trump's Liberation Day. This includes retaliatory tariffs, bailouts for farmers, and Senate Republicans being hopeful that they will get a final answer from the Parliamentarian either tomorrow or Wednesday as to whether they can write off the $4.6T cost of extending the 2017 tax cuts permanently.Timothy Fiore, Chair for the Institute for Supply Management’s (ISM) Manufacturing Business Survey Committee, discusses ISM Manufacturing PMI data. ISM prices paid rose again to the highest level in almost three years, while the new orders-to-inventory component stayed well below one and slipped to its lowest level since 2020. The component gives a reliable short lead on the headline ISM index.Sarah Ponczek, Financial Advisor at UBS Private Wealth Management, discusses her outlook for the markets. On April 2, she expects the US to announce tariffs on most major trading partners and trigger a potential tit-for-tat cycle of escalation in the weeks thereafter. The situation appears fluid, with the WSJ on Sunday reporting “Trump has pushed his team to be more aggressive,” but that policy was not yet been agreed or set, and that a 20% tariff on virtually all US trading partners is under consideration. Steve Man, Bloomberg Intelligence Global Autos and Research Analyst, discusses his autos outlook. US automakers are making a last-ditch effort to sway the Trump administration on tariffs set to take effect this week, contending that levies on the thousands of parts they source abroad could have catastrophic effects on the industry.See omnystudio.com/listener for privacy information.

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  26:58
• Rocket to Buy Mr. Cooper, Gold Surges Amid Tariff Fears

  Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Isabelle LeeToday’s Podcast Features are:- Paige Smith, Bloomberg News Consumer Finance Reporter, on Rocket to Buy Mortgage Firm Mr. Cooper in $9.4 Billion Deal. The online mortgage provider Rocket Cos. is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion that will create a mortgage behemoth that handles one in every six mortgages in the US. The combined company will service a book of $2.1 trillion of loans and nearly 10 million clients, according to a statement Monday. Mr. Cooper shareholders will receive 11 Rocket shares for each of Mr. Cooper’s stock they own, representing a 35% premium, it said in the statement.- Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist on how tariff angst is pushing traders to gold. With investors on edge ahead of President Trump’s April 2 tariff salvo, bullion has risen to yet another all-time high above $3,125 an ounce, adding to a run that’s already delivered a 19% gain this year and a string of records. It’s become overbought, according to the Relative Strength Index indicator, which measures the velocity of a security’s price moves. But gold can keep rising.- Shawn Donnan, Bloomberg News Senior Economics Writer, discusses what we know about the Trump tariffs and the lessons from similarly broad tariffs in 1930. Plus, a new Bloomberg analysis of the economic impact the tariffs could have on the US economy.See omnystudio.com/listener for privacy information.

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  17:34
• BI Weekend: Dollar Tree Dumps Family Dollar, Google's New AI Push

  Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Hosts: Paul Sweeney and Alix Steel On this podcast: Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food discusses Dollar Tree’s offloading of its Family Dollar chain for about $1 billion to Brigade Capital Management and Macellum Capital Management a decade after buying the business. The deal, which is expected to close next quarter, marks a disappointing end to Dollar Tree’s bid to establish itself as a discount giant, with a price tag that’s a steep discount to the nearly $9 billion it paid for Family Dollar. Dollar Tree’s store count will roughly halve following the transaction. Ava Benny-Morrison, Bloomberg News Legal Reporter on her Big Take story on President Donald Trump’s pick to run the Southern District of New York, Jay Clayton, as President Donald Trump vows to use the Justice Department to go after his perceived enemies and upend norms, the 58-year-old Clayton is preparing to take over an institution that has fiercely guarded its independence from Washington. Sam Fazeli, Bloomberg Intelligence, Director of Research for Global Industries and Senior Pharmaceuticals joins to discuss Novo Nordisk agreeing to pay United Laboratories International as much as $2 billion for a next-generation obesity drug, the Danish Ozempic maker’s latest move to refill its pipeline of experimental treatments. Diana Rosero Pena, Bloomberg Intelligence Consumer Staples Analyst on the pet food sector, including Chewy’s earnings. Davey Alba, Bloomberg Technology Reporter, on Big Take story on how Google is looking to reshape search using AI and its race to compete against established AI rivals like ChatGPT. Andrew Silvernail, International Paper CEO to learn more about the business, his outlook and the potential impact of tariffs. Ryan Fisher, Bloomberg BNEF EV Charging Team Leader on BYD’s new fast charging technology and how EV-competitors are responding Bloomberg Intelligence, the research arm of Bloomberg L.P., has more than 400 professionals who provide in-depth analysis on more than 2,000 companies and 135 industries while considering strategic, equity and credit perspectives. BI also provides interactive data from over 500 independent contributors. It is available exclusively for Bloomberg Terminal subscribers.See omnystudio.com/listener for privacy information.

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  39:02
• PCE Inflation Picks Up Ahead of Tariffs

  Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Norah Mulinda Today’s Podcast Features are:- Michael McKee, Bloomberg International Economics and Policy Correspondent, on Friday's PCE data. Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs. Inflation-adjusted consumer spending edged up 0.1%, on the low end of economists’ estimates, after a slump January that analysts mostly blamed on bad weather. Notably in February, Americans reduced spending on services for the first time in three years in the face of higher prices — including on dining out.- Nathan Dean, Bloomberg Intelligence Senior Policy Analyst, on tariffs, DOGE, and the Senate voting on a budget resolution. - Kirsten Fontenrose, President of Red Six International, speaks on Europe's defense spending. The European Commission is urging members to raise military budgets to 3% of gross domestic product and issue joint debt to fund weapons purchases — moves that could unlock more than €800 billion ($867 billion) in additional spending over four years. Plus Gazans protesting against Hamas.See omnystudio.com/listener for privacy information.

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  23:04

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