Business
Bank of Canada Cuts Rates Again to 4.25%
The Bank of Canada cut interest rates again and says more could be coming. Policymakers led by Governor Tiff Macklem lowered the benchmark overnight rate to 4.25%. He says it’s “reasonable” to expect more easing if inflation keeps decelerating.
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Business
Iran Strikes ‘Hostile Targets’; Yen Weakens Past 158 | The Asia Trade 8/7/2026
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:02:15 – Iran struck ‘hostile targets’ in Hormuz: Fars
00:08:10 – Asia set for mixed open on US-Iran concerns
00:16:46 – RBC’s Lori Calvasina on market outlook
00:25:21 – 700+ Japanese firms to report earnings
00:26:06 – JPMorgan Securities’ Rie Nishihara on Japanese markets
00:34:49 – DeepSeek said to resume $8B funding round
00:38:16 – SanDisk’s volatility falls as shares drop
00:42:08 – Sequoia Partner Patrick Grady on Situational Awareness stake
00:47:26 – Markets open in Japan, South Korea and Australia
00:51:06 – SoftBank beats 1Q expectations thanks to Intel, ByteDance gains
00:55:08 – Pepperstone’s Chris Weston on markets strategy
01:05:31 – DeepSeek raising funds for data center buildout
01:09:05 – Iran wants to bar US, Israeli ships from Hormuz in peace deal
01:13:17 – Japan’s small caps face fight to keep seat in Topix
01:18:07 – IMF’s Katz sees BOJ continuing to normalize policy
01:21:49 – BMI’s Sabrin Chowdhury on metals outlook
01:28:57 – DBS CEO Tan Su Shan on AI, business outlook
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Business
Elf Beauty Expands Into Hair Care Products
Elf Beauty Chief Executive Officer Tarang Amin says the company is excited about expanding into hair care products. It launched …
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Business
Trump Fuels Hopes of Hormuz Opening | Balance of Power: Early Edition 8/5/2026
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the results from Tuesday’s primary elections across the US. On today’s show, political scientist Lara Brown, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former US Assistant Secretary of State for Near Eastern Affairs Barbara Leaf.
Chapters
00:00:00 Balance of Power: Early Edition
00:01:58 Market Update: Stocks Near Record Highs
00:04:04 Confusion Over the Strait of Hormuz Deal
00:05:03 White House on Iran Negotiations
00:07:24 Trump’s Nevada Speech Preview
00:10:10 Michigan Primary Results & Democratic Strategy
00:11:34 What Abdul El-Sayed’s Victory Means
00:15:15 2026 Midterm Outlook
00:16:05 GOP Ethics Issues & Political Fallout
00:19:02 Market Update: SpaceX Drops After Earnings
00:20:49 Political Panel: Is the Democratic Party Moving Left?
00:28:53 Can Democrats Hold Michigan?
00:32:33 Market Update: AMD, SpaceX & Oil
00:36:17 Trump Optimistic on Iran Talks
00:37:09 Barbara Leaf on the Hormuz Agreement
00:39:16 Red Sea Risks & Houthi Threats
00:40:17 Is This Really Iran’s Last Chance?
00:41:09 U.S. Military Readiness & Iran’s Leverage
00:44:03 Why Diplomacy Must Take Over
00:45:04 Who Should Lead U.S. Negotiations?
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Business
US-Iran Deal Hope Grows; SpaceX Sinks After AI Splurge | The Asia Trade 8/5/2026
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:02:31 – Asian stocks set to track Wall Street higher
00:07:58 – SpaceX’s AI spending puts damper on debut earnings after IPO
00:12:47 – TECHnalysis Research’s Bob O’Donnell on SpaceX, China AI
00:20:04 – Trump, Qatari Emir discuss de-escalation efforts
00:27:41 – AMD sees AI compute market nearing $2T by 2030
00:30:44 – Toyota unveils $6.3B buyback, raises profit outlook
00:34:11 – EXCLUSIVE: Shionogi CEO Isao Teshirogi on US, China & succession
00:42:13 – EXCLUSIVE: HSBC Group CEO Georges Elhedery on buyback, cost savings
00:47:24 – Markets open in Japan, South Korea and Australia (8A) Capital Group’s Noriko Chen on markets strategy
00:51:37 – Capital Group’s Noriko Chen on markets strategy
01:03:09 – SpaceX falls after higher AI spending
01:05:40 – US to ban Chinese data center components: Reuters
01:08:38 – Oil slumps on Hormuz deal prospects
01:13:06 – Macquarie Capital’s James Hong on Japan autos earnings
01:21:12 – RBI seen holding repo rate at 5.25%
01:30:47 – EXCLUSIVE: Shionogi President & CEO Isao Teshirogi on M&A
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Business
Dell soars on raised outlook for $60 billion in AI server sales #shorts #dell #ai #markets #tech
Dell shares gained more than 25% in extended trading after the hardware maker gave an outlook for annual sales that far surpassed analysts’ estimates, fueled by demand for servers that power AI work. CFO David Kennedy tells Ed Ludlow that the growth is “broad based” https://bloom.bg/4eaQu9y
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