After leaving Wedbush, Dan Ives has launched a new merchant bank that he says will deliver the same research he’s known for, but with people who want to innovate and grow in this “Fourth Industrial Revolution.” The wide-ranging conversation touches on AI skepticism, China’s role in the AI industry, and why he sees the AI industry going to heights that we may not yet be able to see.
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Mark Walter, the CEO of Guggenheim Partners and owner of the LA Dodgers, flipped the Los Angeles Lakers within a year and has explored other steps to pay down loans from his insurers. Walter is also said to be looking to sell his stake in the Chelsea FC to Clearlake Capital. Walter sold the Lakers for a record-breaking $12.5 billion. Bloomberg’s Sridhar Natarajan joins to discuss.
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President Donald Trump defended Pete Hegseth after a report about a disagreement over dwindling US weapons stockpiles raised questions about the Pentagon chief’s future in the administration.

Trump’s comments followed a Washington Post report on Wednesday that said Trump vented frustration with Hegseth on the sidelines of a Cabinet meeting last week, saying he had been misled about munitions shortages. Trump has refuted that reporting, repeating that “defense companies are building the largest number of plants and factories in our country’s history.”

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Mike Wilson, Morgan Stanley chief US equity strategist and CIO, talks about using gold as a defensive asset to protect your portfolio. He says gold has been in a bull market for 25 years. He speaks on “Bloomberg Money.”
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Romantasy has grown from a BookTok-driven obsession to a nearly billion-dollar business, powered by a largely female fandom scooping up special editions, merchandise, event tickets, audiobooks and more. The genre’s rise is reshaping publishing and drawing retailers, creators and now Hollywood into one of the book industry’s most powerful new markets.

The Steamy, Magical and Now Very Lucrative Romantasy Business: https://bloom.bg/4cBIgGc

The billion-dollar genre has transformed the book industry, unleashed a cottage economy and promised Hollywood its next big franchise.

#Romantasy #Business #Hollywood

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