Business
Mark Cuban Says Some Banks ‘Actively’ Avoiding Small Business Loans
Apr.09 — Billionaire investor Mark Cuban, owner of the Dallas Mavericks, discusses the difficulties that small business owners face in getting loans from banks that are participating in the U.S. $349 billion government rescue package. He speaks with Bloomberg’s Sonali Basak on “Bloomberg Markets: European Close.”
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Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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Nasdaq President Nelson Griggs says the record-breaking SK Hynix ADR listing is already attracting looks from more foreign companies that may consider US listings. He says JPMorgan Chase struck the right balance on the SK Hynix pricing. Griggs speaks to Bloomberg’s Ed Ludlow in New York at the Nasdaq.
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Business
Trump making “major mistake” with Nvidia chips to China, says Burns #shorts #china #nvidia #ai
Former US Ambassador to China Nicholas Burns tells David Gura President Trump is “making a major mistake” by allowing Nvidia to sell its products to one of the US’s biggest rivals, China https://bloom.bg/3SQPXSd
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Rep. Michael McCaul says Ukraine is gaining momentum on the battlefield but urgently needs more Patriot interceptors and stronger air defenses to counter Russia’s escalating missile attacks. He urges deeper US-Ukraine defense cooperation, including licensed Patriot production and joint drone development, while arguing sustained military pressure offers the best path to negotiations with Russia.
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Nuveen Head of Fixed Income Strategy Tony Rodriguez, State Street Global Head of Gold Strategy Aakash Doshi, Coresight Research Founder & CEO Deborah Weinswig, Principal Venture Partners Founder & Managing Partner Songyee Yoon, Alphasimplex Chief Research Strategist Katy Kaminski, Principal Asset Management Chief Investment Officer & Global Head of Equities George Maris, Morgan Stanley Equity Research Managing Director Alex Straton, MNTN CEO Mark Douglas, & Former HUD Sectretary Henry Cisneros.
Chapters:
00:00:00 Bloomberg The Close
00:01:12 Fed Minutes, Inflation Fears & Rising Treasury Yields
00:03:26 Nuveen on Bonds, Inflation & AI Debt Issuance
00:10:14 State Street on Gold, Geopolitics & the Fed
00:16:21 Top Calls
00:17:40 Levi’s Earnings Preview: Beyond Denim Growth Strategy
00:23:22 AI Infrastructure: Are Hyperscalers Overspending?
00:30:53 Stock of the Hour: Alibaba’s AI & Cloud Comeback
00:36:39 AlphaSimplex on Volatility, Oil & Inflation Risks
00:43:13 Closing Bell
00:46:35 Energy Stocks Rally While Airlines & Travel Sink
00:54:21 Post-Close: Tech Volatility and AI Leadership
00:56:30 Principal Asset Management on Navigating Market Volatility
01:02:05 Levi’s Earnings Beat: Guidance Raised
01:02:35 Morgan Stanley’s Retail Outlook for Earnings Season
01:08:28 Meta’s Cloud Ambitions & AI Infrastructure Debate
01:20:27 Toyota Expands U.S. Manufacturing in Texas
01:28:26 What to Watch
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@altervirbatista2242
January 15, 2024 at 3:13 pm
0:51 It’s not a problem, it’s a ME problem!
@manko330
January 15, 2024 at 3:13 pm
Mark sent his people to watch small business for cov 19,To tell on them. What a ass!.do not trust him.
@sanjuansteve
January 15, 2024 at 3:13 pm
Let’s STOP TRYING TO SAVE CORPORATIONS AND SMALL BUSINESSES with selective bailouts and instead simply put capitalism on hold (mortgages and loans, rent, interest, dividends, late fees, utilities, etc), launch universal healthcare, a UBI, universal education and internet for all! #NoCorporateBailoutsRequired
Let’s #AutomateEverything and #SkipToAbundance.
@ogbegift8993
January 15, 2024 at 3:13 pm
It work here I got my bills paid with the help of Maskoffweb.com service
@contactmaskoffwebcom6069
January 15, 2024 at 3:13 pm
Hackers from Maskoffweb,com added fund to my cashapp
@sandman4115
January 15, 2024 at 3:13 pm
People, do not go to Capital One. They aren’t doing shit.
@kevinp665
January 15, 2024 at 3:13 pm
Entrust banks to do the “right thing” yeh sure, they’ll do what’s right alright. For their balance sheets. Mainstreet holds the bag again. Every time. That is the only thing history will show never changes.
@mainlawcafewv7681
January 15, 2024 at 3:13 pm
Her voice kinda grates on ears
@xemptx
January 15, 2024 at 3:13 pm
Cuban is right on.
@gl9139
January 15, 2024 at 3:13 pm
Interesting how junk bonds get priority funding over mom&pop businesses with this gov’t.
@arlieferguson3990
January 15, 2024 at 3:13 pm
Didn't the bill just get held up again? I'm not sure that what he's talking about has actually passed Congress. Democrats Block McConnell Push to Boost Small Business Aid – Bloomberg
https://apple.news/A9rM8nVdwQf6kv6fvtU0ByA
@jeantave8562
January 15, 2024 at 3:13 pm
Duh, Any idiot can figure out that ANY bank is only going to give a loan to a low risk business right now.
@scottn7cy
January 15, 2024 at 3:13 pm
How can you tell the billionaire is lying? His lips are moving. Cuban has been throwing out all kinds of FUD in preparation for his announcement of his candidacy. He is throwing gasoline on the fire for his own power gain.
@Bradgilliswhammyman
January 15, 2024 at 3:13 pm
I'm not sure about the small business thing. Large corps run this nation.
@sam9242
January 15, 2024 at 3:13 pm
Some banks? Try every bank in NYC. They are turning away their own customers.
@randyallen7688
January 15, 2024 at 3:13 pm
Ghost Banks have been doing that 4ever.
@dougcranford1167
January 15, 2024 at 3:13 pm
I have not heard from the SBA or any bank since I applied. I am suspect this will be helpful at all.