mark bristow, president and ceo of barrick gold corp.ren buffett is reaping the benefits of the u.s. economic recovery, we'll break down the earnings of berkshire hathaway, next. this is bloomberg. ♪ alix: dr. hathaway rode a strong comeback, racking up its largest a quarter profit led by railroad and manufacturing businesses. dave wilson has the deeper dive. dave: quite the quarter for warren buffett's conglomerate. you take a look at the bottom line figure, $28.1 billion. it definitely jumps out and terms of being the most for any company in the s&p 500. now, about three quarters of that was investment gains. and berkshire hathaway will say at any time that number is usually meaningless. but that said, if you look at it , it was up 21%. it was not the insurance businesses, geico and all the rest, that delivered the growth, it was all about the rest of the company -- the utilities, railroads, manufacturing services and retail. they more than doubled in the quarter. it's clear that berkshire hathaway benefited from the economic recovery.

mark bristow, barrick gold. >> have a good day >>> let's hit our "etf spotlight. energy, speaking of commodities. xle in the red this morning as oil prices slide following new measures in china to combat the spread of the delta variant as well as the u.n. report on the impact of climate change top holdings chevron and exxonmobil feeling the painful shares down more than 5%1. we'll be right back. stay with us you packed a record 1.1 trillion transistors into this chip i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you become an agent of innovation with invesco qqq ♪ ♪ ♪ ♪ ♪ i'm evie's best camper badge. but even i'm not as memorable as eating turkey hill chocolate chip cookie dough creamy premium ice cream and chasing fireflies. don't worry about me. i'm fine. you can't beat turkey hill memories. >> welcome back. i'm rahel solomon. a code red for humanity. that's how a united nations report describes the threat of global warming it says in ten years temperatures will be above the threshold world leaders have been trying to av

we talked to mark bristow, who has been all over the world and said that in nevada, of all places, haseast amount of vaccinated workers versus chile at 100%. guy: a stunning revelation in terms of what is happening here. he is -- his people in close proximity. they have managed to do it elsewhere but not in the u.s. israel is talking about 40 and 50 euros getting booster shots so it feels like this will increasingly be an ongoing process. europe also when it comes to vaccinating as well. certainly not done by any stretch of the imagination. that is all showing up in terms of the data we are seeing in the markets as well. we have seen the volatility. alix and i have been talking about it throughout this program, the commodity space. that showing up in the equities market as well. stocks under pressure today in europe. four minutes away from the close. energy under pressure, the dax underperforming a bit as well. we will get a closer take on what is happening with energy. amrita sen with energy aspects will join us with her take on what is happening. this is bloomberg. ♪ (announcer) look

dani: marc bristow -- mark bristow speaking after a volatile run for gold. it fell as much as 2%.rting to pare back some of those losses but let's get the view from our mliv mark cranfield who joins us now. we are starting to see a very slight tick up from gold. are we going to get reprieve from the gold bugs? mark: i think the outlook in the near term is probably a bit more pressure on gold. it is the flipside of higher treasury yields and a stronger u.s. dollar so that is obviously what is weighing on gold. of course what we saw yesterday was an exaggeration. it happened on a monday morning in asia. two countries on holiday. somebody tried to sell the large event of gold at the opening and we saw a tremendous spike down in the price and it has recovered quite a bit since then. the underlying sentiment for gold is pretty fragile and while you have a situation where the fed is talking about tapering, slightly hawkish comments already this week from fed speakers. obviously, we are moving in that direction so all of those things are not too good for gold in the short term. further d

. >> ihg hotels and resorts chief operating officer, mark bristow. we have a full round up of what we heard from softbank no longer listing facebook and microsoft amongst its investments. plenty more earnings conversation to come. we will speak with the chief executive of aberdeen shortly. we will air from another guest at 7:30 a.m. london time. a little bit later, do not miss our exclusive interview with the bank of israel governor at 8:00 a.m. london time. if you have any questions for any of our guests, send them through ib+tv and mark and i will take a great pleasure in answering questions on your behalf. this is bloomberg. ♪ francine: welcome back to the open. we are 44 minutes from the cash equities open. this is a picture for european futures. it is a mixed bag but there is not a huge amount of news we are expecting so full focus on what we heard from the fed presidents and they could give us the cpi print tomorrow, a better idea of how soon we will air the fed talk about tapering in raphael bostic was talking about a couple more figures

mark bristow on.en the repository of the storage of wealth for thousands of years, yeah, but yours doesn't go up, chief >> well, we have been watching palantir bought $50 million worth of gold. >> yes, yes. >> also, i think one of the least appreciated headlines of the week was walmart hiring a cryptocurrency expert. >> thank you i thought that was incredible because i think what's going to happen is people are going to demand -- and it's really been ethereum people are going to demand that it's accepted. you don't want to turn down sales. now nvidia reports tonight, nvidia has not -- they make the most powerful cards which have been used by miners. they're only giving the minors the ones that aren't even acceptable for gamers. it's not how nvidia makes its money, those who are trying to trade it, that's a big mistake but the fact is this thing is being used worldwide, and you can't fight it you can't. i mean, you may decide -- you may think it's fraud or you may think it's tulips but enough people ar

ambassador laurie bristow. 0ne plane even landed with an extra passenger on board, baby girl hubba was born during the flight, a new life heading for a new land. the evacuation marksent in afghanistan. in recent weeks, the raf scrambled to airlift 15,000 people, most of them afghan refugees, before the taliban deadline for foreign troops to withdraw by the end of august. but hundreds more remained stranded, with uk citizens and eligible refugees. the taliban has said they will be allowed to leave. but with fear and tension is increasing, it remains to be seen if the islamist group will honour the pledge. gunfire. and potential danger is not limited to the taliban. the local branch of the so—called islamic state group killed more than 170 people on thursday's bomb attack, including mohammed maisie, a taxi driverfrom hampshire who travelled to kabul to bring his family back. his wife and daughter also died. ~ ., . his wife and daughter also died. a, ., .,, ., his wife and daughter also died. ., .,, ., ., died. mohammed was one of the best men we _ died. mohammed was one of the best men we have _ died. mohammed was one of the best men we have in _ died. mohammed was

bristow. one plane even landed with an extra passenger on board. baby girl havva was born during the flight. a new life heading for a new land. the evacuation marks 20—year military involvement in afghanistan. in recent weeks, the raf scrambled to airlift 15,000 people, most of them afghan refugees, before the taliban deadline for foreign troops to withdraw by the end of august. but hundreds more remain stranded, both uk citizens and eligible refugees. the taliban has said they will be allowed to leave. but with fear and tensions increasing, it remains to be seen if the islamist group will honour that pledge. and potential danger is not limited to the taliban. a local branch of the so—called islamic state group killed more than 170 people in thursday's bomb attack, including mohammad niazi, a taxi driverfrom hampshire who travelled to kabul to bring his family back. his wife, samina, and their baby daughter also died. mohammad was one of the best men we have in the community, working hard to give the best life for his kids. yesterday the us launched a drone strike against a car which it said was carrying more is suicide bombers. and this morning,

bristow. one plane even landed with an extra passenger on board. baby girl havva was born during the flight. a new life heading for a new land. the evacuation markse uk's 20—year military involvement in afghanistan. in recent weeks, the raf scrambled to airlift 15,000 people, most of them afghan refugees, before the taliban deadline for foreign troops to withdraw by the end of august. but hundreds more remain stranded, both uk citizens and eligible refugees. the taliban has said they will be allowed to leave. but with fear and tensions increasing, it remains to be seen if the islamist group will honour that pledge. and potential danger is not limited to the taliban. a local branch of the so—called islamic state group killed more than 170 people in thursday's bomb attack, including mohammad niazi, a taxi driverfrom hampshire who travelled to kabul to bring his family back. his wife, samina, and their baby daughter also died. mohammad was one of the best men we have in the community, working hard to give the best life for his kids. yesterday the us launched a drone strike against a car which it said was carrying more is suicide bombers. and this mo