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Bloomberg Markets 08/27/2024

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“Bloomberg Markets” follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Bloomberg reports on retailer PVH’s plans to reverse declining sales, Apple’s decision to have Maestri step down as CFO, Paramount’s contract status, the NFL vote whether to allow private equity to own stakes in teams, and the $100 million dollar podcast deal for Travis and Jason Kelce.

Chapters:
00:03:34 – PVH, Calvin Klein Falls Ahead Of Earnings
00:07:04 – Apple’s Maestri To Hand Off CFO Job
00:10:20 – Skydance Poised To Close Paramount Deal
00:14:38 – NFL Expected To Approve Partial PE Ownership
00:17:48 – Amazon Signs $100M Deal for Kelce Podcast
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How America Got Hooked On Celsius

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In a corner of the beverage industry known as much for over-caffeinated hype as it is for outrageous naming conventions, new brands appear just as quickly as others disappear. Deena Shanker explains how Celsius has managed not only to outlast most of its competition, but to stand apart.
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Bloomberg This Weekend | Iranian Tanker Sinks, Push For Peace in Ukraine, State of the Labor Unions

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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by BBC Chief International Correspondent Lyse Doucet, AFL-CIO President Liz Shuler, Michigan Rep. Haley Stevens and California Rep. Kevin Kiley.

Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:01:31 – News Now with Lisa Mateo
00:04:28 – Iran Targets Oil Tankers in Response to US Strikes
00:06:48 – US Strikes 3 Iranian Tankers in Response to Attacks
00:09:54 – US Envoys Kushner & Witkoff Arrive in Ukraine
00:13:51 – Germany Holding Key State Election Today
00:16:12 – German Election Pose Risk to Chancellor Merz
00:18:00 – Lisa Mateo with News Now
00:19:19 – Canada’ Reciprocal Tariffs to Take Effect Tuesday
00:21:17 – Bessent: Canada Tariffs “Negligable” Impact on US
00:23:06 – New Canadian Tariffs to Hit Metals & Machinery
00:28:34 – The Big Business of Helping the Rich Dodge Taxes
00:31:28 – News Now with Lisa Mateo
00:33:00 – BBC Goes Inside Afghanistan Ahead of 9/11 Anniversary
00:35:29 – BBC Reporter Explores Life Under Taliban Rule
00:41:29 – BTW with Lisa Mateo
00:48:29 – Top of the Hour with Bloomberg This Weekend
00:50:10 – Lisa Mateo with News Now
00:52:43 – Iran Says It Targeted Tankers in Response to US Strikes
01:00:12 – Trump Blames Biden For Giving Weapons o Ukraine
01:01:36 – USS Lincoln Docks in Thailand After 9 Months at Sea
01:02:41 – Thai City Rolls Out Red Carpet for US Sailors
01:03:51 – Sailors Share Troubling Stories From Department
01:06:30 – News Now with Lisa Mateo
01:08:16 – AFL-CIO President Joins Bloomberg This Weekend
01:20:00 – Lisa Mateo with News Now
01:22:15 – This Week: Republican Midterm Convention in Dallas
01:25:20 – Trump’s MAGA INC. Sends $10M to Aid Ken Paxton
01:28:43 – Obama to Headline NYC Fundraiser on Thursday
01:30:00 – Ad – British Food Culture Hits the United States
01:37:00 – ad – Top of the Hour with Bloomberg This Weekend
01:37:44 – Headlines with Lisa Mateo
01:40:26 – Kushner, Witkoff Meet Zelenskyy in First Visit to Kyiv
01:42:47 – Rep. Haley Stevens Joins Bloomberg This Weekend
01:56:25 – Rep. Kevin Kiley Joins Bloomberg This Weekend
02:06:51 – News Now with Lisa Mateo
02:09:44 – The Real Toll of Europe’s Heatwave
02:12:00 – Lisa Mateo with News Now
02:13:26 – LA Clippers Fined $40M, Lose 5 Picks for Salary Cap Circumvention
02:16:39 – WNBA Commissioner Engelbert to Retire After Seven Years
02:17:36 – Bloomberg Power Players
02:18:53 – NYC’s US Open Tickets Tumble to Below $100 a Seat
02:19:57 – Cannabis Fumes Distract Tennis Stars at US Open
02:22:01 – Pointed: The News Quiz for Risk Takers
——–
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People Trying Hard To ‘Outfox’ S&P 500: Cutright

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Brooks Cutright, portfolio manager at Hedgeye Asset Management, joins Scarlet Fu and Eric Balchunas on “Bloomberg ETF IQ.” Index tracking funds have nearly $27 trillion tied to the S&P 500. This Friday the S&P 500 is set to announce who may be added or taken out of the index as part of a rebalancing. Thirty-six companies appear to qualify for entry, while more than 110 existing members no longer meet the index’s market-cap hurdle.
——–
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Big Yen Spike Leaves Traders Guessing On Intervention

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The yen has extended its sharp rebound — gaining as much as 1.2% against the dollar today. Traders are increasingly alert to another intervention by Japan and the US after last month’s record $96 billion effort. Investors are also questioning whether the Bank of Japan could raise interest rates more aggressively than previously expected. Bloomberg’s Macro strategist Skylar Montgomery Koning joins Stephen Carroll and James Woolcock on Bloomberg Radio to discuss.
——–
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Uber, Wayve Unleash Supervised Robotaxis in London

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Uber now lets you book a robotaxi in London — but you’ll still be joined by a human in the front seat.

Olivia Solon explains why.
——–
More on Bloomberg Television and Markets

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