Political scientist Mark Lawrence Schrad says Russia’s high alcohol consumption is rooted less in culture than in centuries of state policy, arguing successive governments used vodka monopolies to raise revenue, strengthen autocratic control and shape society. He says those historical patterns continue to influence modern Russia, cautioning against assuming economic hardship alone will quickly weaken President Vladimir Putin’s grip on power.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

President Trump is in Michigan touring a GM factory as he promotes his latest tariffs on Canada, which could impact the auto sector in the state. Bloomberg Economics’ Chris Kennedy discusses the President’s recent actions, including his agreement to pause strikes in the Middle East to allow Iran talks to move forward. The conflict and new tariffs come less than 100 days out from the midterms. Bloomberg ‘Balance of Power’ Host Joe Mathieu spoke with House Minority Leader Hakeem Jeffries (D-NY) about that. Plus, this week will see major tech companies report earnings. Bloomberg Tech Host Ed Ludlow previews what to watch. Finally, KPMG AI Enterprise Transformation Lead Rahsaan Shears discusses the impact AI is having and will have on entry-level workers.

Chapters
00:00 Bloomberg Businessweek Daily
00:01 Markets: Chip Stocks Fall Despite Oil Selloff
00:04 Iran Pause: Are Peace Talks Real?
00:06 Oil vs. Stocks: Why Markets Aren’t in Sync
00:07 Netanyahu Visit & U.S.-Israel Strategy
00:10 Trump Heads to Michigan to Talk Affordability
00:12 Joe Mathieu: Hakeem Jeffries on the Midterms
00:14 Democrats’ Affordability Agenda & Campaign Strategy
00:17 Midterm Fundraising & the 2028 Democratic Field
00:20 NVIDIA’s AI Spending Under the Microscope
00:23 Circular AI Financing Explained
00:27 Big Tech Earnings: What Wall Street Wants to Hear
00:31 China’s Memory Chip Push & AI Supply Chain
00:35 KPMG: How AI Will Change the Workforce
00:39 Why AI Won’t Replace Every Job
00:42 Markets Into the Close: Fed, Tech & Semiconductors
00:44 Stocks on the Move: Baker Hughes, Hypercore & Tyson Foods
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Bloomberg’s Peter Elstrom explains how Moonshot AI’s release of Kimi K3 surprised Wall Street and shows US tech companies how China can compete. He also talks about how the new model impacts US frontier labs such as OpenAI and Anthropic PBC. He speaks on “Bloomberg Open Interest.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Get a jump start on the US trading day with “Bloomberg Open Interest.”  Alphabet, Tesla and IBM kick off Big Tech earnings with AI spending under scrutiny. Oil surges as Iran tensions simmer. Nadia Lovell of UBS Global Wealth Management and Jordan Jackson of JPMorgan Asset Management discuss the vulnerabilities facing the stock market. Plus, banks are booming, but Wells Fargo is staying disciplined. CEO Charlie Scharf joins Bloomberg for an exclusive interview.

Chapters:
00:00:00 – Open Interest
00:01:40 – Alphabet, Tesla, AI Capex, Semiconductor Demand & Cloud Monetization
00:05:22 – AT&T Earnings, Broadband Competition, Wireless Growth & Bundling Strategy
00:07:40 – Iran Escalation, Strait of Hormuz Threats, Oil Supply Risks & Drug Tariffs
00:12:32 – Charlie Scharf Wells Fargo | Wells Fargo Growth Strategy, Investment Banking Expansion, AI Financing & U.S. Economy  
00:29:03 – Nadia Lovell UBS Global Wealth Management | Big Tech Earnings, AI Monetization, Cloud Growth, Semiconductors & Market Outlook
00:38:53 – Top Calls | Capital One Price Target Raise, Alaska Air Price Target Cut & IBM Neutral Initiation
00:39:34 – Alphabet Earnings, AI Cloud Growth, Tesla AI Spending, OpenAI Models & AI Monetization
00:45:39 – AT&T Subscriber Growth, Satellite Competition, Broadband Bundling & Pricing Strategy
00:49:42 – Alphabet Capex, Google Cloud Growth, Tesla AI Investments & OpenAI Security Concerns
00:54:21 – Jordan Jackson JPMorgan Asset Management | AI Capex Boom, Credit Markets, Tech Concentration, Bond Risks & Market Diversification
01:03:38 – High Interest | Saudi Civil Nuclear Deal, World Cup Ratings Record & Utz Going Private
01:04:42 – Utz Buyout, Cross-Border M&A, Consumer Trends & Food Industry Consolidation
01:10:40 – Marc Rosen Catalyst Brands | Back-to-School Spending, Consumer Health, JCPenney Strategy, AI Automation & Retail Trends
01:20:17 – Itay Michaeli TD Cowen | Tesla Earnings, Robotaxi Rollout, EV Recovery, AI Strategy & Autonomous Vehicles
01:26:37 – Charlie Scharf | Wells Fargo Growth, Banking Expansion, Investment Banking, Credit Markets & U.S. Economy
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Tesla reports adjusted earnings of 33 cents a share for the second quarter. That was well short of the 51-cent average of analyst estimates compiled by Bloomberg. But sales were still strong. Jon McNeil of DVx Ventures shares his views on “Bloomberg The Close.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source