Business
WeWork Says It ‘Doubts’ It Can Stay in Business
Shares of WeWork Inc. tumbled more than 25% in extended trading after it said there’s “substantial doubt” about its ability to continue operating, citing sustained losses and canceled memberships to its office spaces. Vonnie Quinn reports on Bloomberg Television.
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Business
New DeepSeek, Alibaba Models Take On Anthropic, OpenAI | The China Show | 8/3/2026
“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.
Chapters:
00:00:00 – Bloomberg: The China Show opens
00:02:28 – Japan confirms joint yen intervention with the US
00:07:52 – How significant is DeepSeek’s V4-Flash AI model upgrade?
00:11:25 – Chinese AI disruption sparks volatility across Asian markets
00:15:04 – US and Iran prepare to resume negotiations
00:27:29 – Hang Lung’s Adriel Chan on the leadership transition from CEO Weber Lo
00:37:09 – Can Tokyo and Washington’s intervention halt the yen’s slide?
00:43:38 – Breaking: RatingDog China’s July PMI misses estimates
00:46:30 – DeepSeek and the yen dominate Asian markets
00:55:31 – Why is DeepSeek’s latest model disrupting the AI trade?
00:58:07 – Artificial Analysis’ Micah Hill-Smith ranks leading US and Chinese AI models
01:14:46 – PBOC signals readiness to adjust monetary policy to support growth
01:15:10 – Huatai Securities Chief Economist Eva Yi on China’s economy
01:26:02 – Macau gaming revenue declines for a second straight month
01:30:40 – Hong Kong records its wettest July in more than three decades
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Business
Intervention Efforts Failing to Turn Tide for Yen – 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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Business
Iran War Update and More: Trump Takes Questions in Oval Office (Full Q&A)
President Donald Trump said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic. “I want to give them every last chance before decapitation,” Trump told reporters in the Oval Office. “You’ll find out today or tomorrow. I mean, they’re going to go quickly, one way or the other. It’s not very complex.”
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Business
SpaceX Is a Compelling Investment, Gerber Says
SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk’s company reported an operating loss of $1.26 billion from its AI business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management says SpaceX is still a compelling stock to own. He speaks on “Bloomberg The Close.”
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Chevron CFO on 2Q Earnings, Growth Plan and Iraq Accord
Chevron CFO Eimear Bonner discusses the company’s second-quarter earnings and strategy for operating amid the current geopolitical risks with Bloomberg’s Romaine Bostick on “Bloomberg The Close.”
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@donbernie9346
December 12, 2023 at 11:23 am
unfortunately for wework the pandemic ended its suffering quickly
@donbernie9346
December 12, 2023 at 11:23 am
it should be illegal for CEOs just to run away
@placebo777
December 12, 2023 at 11:23 am
Squeeze
@Smarty2able
December 12, 2023 at 11:23 am
It's a waste of space tbh.
@sauronthegreat5799
December 12, 2023 at 11:23 am
Wework is like scam like Theranos. Neumann should be in prison. Softbank is stupid for sinking billions into this idiotic idea.
@sauronthegreat5799
December 12, 2023 at 11:23 am
We work was the biggest scam ever. Neumann is a conman and scammer who fooled all those investors especially Softbank. They never should've given him billions of dollars as severance pay. Very stupid.
@ntesla4714
December 12, 2023 at 11:23 am
WeOutofWork
@shivamgarg4022
December 12, 2023 at 11:23 am
Where did 12 billion dollars go???😢😮
@AnuragIndia
December 12, 2023 at 11:23 am
Facing 80% loss I'm destroyed mentally… will it recover till 9$
@luismartinez-dg6mg
December 12, 2023 at 11:23 am
we work fue un fracaso desde el principio con mucha deuda y ya k saben tanto cual fue el primer edificio k cerro por falta de pago en el 2012 2013 y fue en Brooklyn
@KevinInPhoenix
December 12, 2023 at 11:23 am
WeWork doesn't.
@AlphaCentauri24
December 12, 2023 at 11:23 am
Newmann was let go with a sweet deal. Lol. The scammer got away with the help of Board.
@sinepari9160
December 12, 2023 at 11:23 am
scam from the start.
@hyunkim8075
December 12, 2023 at 11:23 am
We-used to-work
@lemontadams3029
December 12, 2023 at 11:23 am
Fitch Downgrade a Warning of Looming Debt Crisis; Congress Paralyzed to Act
@RamBo-yh3kz
December 12, 2023 at 11:23 am
Just change your name to "We dont work".
@Sim_Won
December 12, 2023 at 11:23 am
Wedontwork
@GuilleA
December 12, 2023 at 11:23 am
Have you ever been to NYC? Office vacancies over 90%
@SovereignMoney
December 12, 2023 at 11:23 am
I wish they ipo'd the first time.
@navdeepsingh5801
December 12, 2023 at 11:23 am
any hopes on this? Losing significant amounts already…always thought it would make it. Blunder of a management use case.
@caveman4595
December 12, 2023 at 11:23 am
Who cares 💀💀💀💀💀💀💀💀💀💀
@lemontadams3029
December 12, 2023 at 11:23 am
No shit Sherlock! What took them soo long to admit they were DEAD ON ARRIVAL
@Phlegethon
December 12, 2023 at 11:23 am
Lol good
@juliandavidac
December 12, 2023 at 11:23 am
We Fail
@danjohnston9037
December 12, 2023 at 11:23 am
Given that the floor has dropped out of the office space market
Which is kind of a fun image actually 😉
@jdingle8885
December 12, 2023 at 11:23 am
Softbank still own 80% of wework?
@jdingle8885
December 12, 2023 at 11:23 am
Wework should change name to Wehouse. And convert offices to residential spaces. Maybe get government contracts to house migrants.
@aratrex3
December 12, 2023 at 11:23 am
Adam newmann is a blackhole for money. Papa bails him out every time!
@seemev2.0phuckbootube78
December 12, 2023 at 11:23 am
.APLS 👈 pharma down over nothing panic sell off. Bounced back JP Morgan gives 60 for PT. Discount price MACD 1 month bullish trend, weekly and monthly RSI ice cold. Don't miss this big money play 💵💵💵
@terrie001
December 12, 2023 at 11:23 am
Ouch. The party didn’t last very long.
@DonteDiMora
December 12, 2023 at 11:23 am
New plan—scrap it all and make them into apartments.
@mckeesk
December 12, 2023 at 11:23 am
buy 'em!
@ssuwandi3240
December 12, 2023 at 11:23 am
They've been mean with members during the plandemic.. ESG karmas no kidding