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Bloomberg Brief 12/11/2024

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US Inflation Picks Up, Eroding Paychecks | The Close 6/10/2026

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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 Goldman Sachs Apex Head of Americas Anushka Gupta, Retired Brigadier General Mark Kimmitt, Telsey Advisory Group CEO & Chief Research Officer Dana Telsey, Former Federal Reserve Governor Betsy Duke, North Growth Management CEO & Lead Portfolio Manager Erica Lau, RBC Capital Markets’ Rishi Jaluria, Cleo Capital Founder & Managing Director Sarah Kunst, Willkie Farr & Gallagher Co-Chair, Capital Markets Practice Edward Best, Global Citizen CEO Hugh Evans, & Robinhood VP & GM of Futures & International JB Mackenzie.

Chapters:
00:00:00 – Bloomberg The Close
00:03:51 – Goldman Sachs Apex Head of Americas Anushka Gupta on Constructive Earning Cycle
00:10:11 – Retired Brigadier General Mark Kimmitt on Iran-US Conflict
00:16:24 – Top Calls
00:17:30 – Telsey Advisory Group CEO & Chief Research Officer Dana Telsey on Outlook for Retail Amid Inflation
00:23:24 – Former Federal Reserve Governor Betsy Duke on Latest CPI Report
00:32:03 – FedEx Freight, Saia Slide on Amazon LTL Expansion
00:37:03 – North Growth Management CEO & Lead Portfolio Manager Erica Lau on AI Fueled Economic Growth
00:43:25 – Closing Bell
00:56:09 – RBC Capital Markets’ Rishi Jaluria Breaks Down Oracle’s Earnings Report
01:03:08 – Cleo Capital Founder & Managing Director Sarah Kunst on Oracle’s Negative Earnings Reports
01:08:36 – Willkie Farr & Gallagher Co-Chair, Capital Markets Practice Edward Best on Test of SpaceX IPO
01:16:58 – Global Citizen CEO Hugh Evans on Global Citizen Hosting FIFA Halftime Show
01:22:58 – Robinhood’s JB Mackenzie on Prediction Markets Bracing for Flood of Sports Investments
01:28:54 – What to Watch
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Micron Shares Surge To Surpass $1 Trillion in Market Value | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Alexandra Semenova and Tim Stenovec.
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‘Bloom Is Off the Rose’ for Oracle, Cleo’s Kunst Says

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Sarah Kunst, Cleo Capital founder and managing director, reacts to Oracle’s fourth-quarter earnings. Speaking on “Bloomberg The Close,” Kunst says she’s not shocked investors aren’t excited about Oracle right now.
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Nvidia to Debut New Chip for Laptops, Desktop Computers

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Nvidia is entering the PC market with a new RTX Spark Superchip which will debut in laptop and desktop computers from leading PC brands including Dell and Lenovo this fall. CEO Jensen Huang made the announcement at the Computex trade show in Taipei. Bloomberg’s Peter Elstrom reports.
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Schwab’s Sonders Warns of ‘Red Flags,’ Possible Inflationary Boom

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Charles Schwab Chief Investment Strategist Liz Ann Sonders says markets may have become complacent about the economic impact of rising energy prices. Speaking with Vonnie Quinn on “Bloomberg Open Interest,” Sonders says the economy is on the brink of a potential spike in oil prices and there’s a big disconnect between the soft, survey-based economic data and the actual hard data.
——–
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