coming up on bloomberg markets, tyson foods earnings did come out today. chicken say -- shares sending those sales higher. we have got more on that, next. this is bloomberg. ♪ >> >> this is bloomberg markets. i am scarlet fu. we are watching tyson foods. the shares are higher after the company's quarterly earnings beat even the highest analyst estimate and the result underscores a recovery in the u.s. chicken industry while the food producer seeks to manage the potential headwinds of tariffs between the u.s. and mexico. joining us now for more is jennifer, senior analyst at bloomberg intelligence. jennifer joins us now from our princeton bureau. jennifer, you know, of course, we have to start with tariffs because this is something that came up during the earnings call and tyson made clear that it is prepared for tariffs. did we get any details on how exactly or does the upgraded guidance basically gave investors the comfort to give the company the benefit of the doubt? >> well, it is a really good question and a topical one given everything that is happenin

this is "real yield" on bloomberg. ♪ i'm thinking... (speaking to self) about our honeymoon.out africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. sonali: this is bloomberg real yield. time for my final thought. a look at pce data next friday and the estimates per month over month expected to rise. year-over-year forecasted to fall despite a hot inflation trend. that does it for us. same time, same place next week. this is bloomberg real yield and this is bloomberg. ♪ vonnie: let's get a check on the markets as we head towards lunchtime hour. lower after data suggested perhaps those inflation echo vacations are getting -- expectations are getting troublesome. the for l

on the topic. read the story across our bloomberg platforms. coming up on markets, a stock higher today, defyi the declinesng -- defy the declines in the marketing, home depot. if you're living with diabetes, i'll tell you the same thing i tell my patients. getting on dexcom g7 is one of the easiest ways to take better control of your diabetes and help protect yourself from the long-term health problems it can cause. this small wearable... replaces fingersticks, lowers a1c, and it's covered by medicare. not managing your diabetes really affects... your health for the future. the older you get, the more complications you're gonna see. i knew i couldn't ignore my diabetes anymore because it was causing my eyesight to go bad. before the dexcom g7, doctor's appointments were not something i looked forward to. for my patients, getting on dexcom g7 is the biggest eye opener they've ever had. when i got dexcom g7, i couldn't believe how easy it was. this small wearable sends my glucose numbers right to my phone or my receiver. with just a glance i can

on. the bloomberg dollar execs is gaining, up half of 1%. ter president trump clarified that 25% tariff on canada and mexico would going to affect march 4 while china imports will be charged with an additional 10% tariff starting that day. treasury is taking a breather after a sustained rally. young living off of the 2025 lows before tomorrow's data and the end of the month. let's highlight a couple of individual equity movers and bring in isabel. isabel: we do have to talk about nvidia because you can see shares lower by more than percent. basically earnings were good, but not great which left some investors left blowout results feeling just did. nvidia saying that sales will be about $43 billion for that of the lower end of the. some estimates as high as 48 billion dollars, so investors were released by that and we could see shares as a lower by 4%. salesforce shares also lower by around 2%. company revenue forecast fell short, agent for zwick's first sales growth. facing competition from light of microsoft and still, salesforce saying it h

on bloomberg. ♪ at morgan stanley, old school hard work meets bold new thinking. elp you see untapped possibilities and relentlessly work with you to make them real. >> i'm sonali basak. this is "bloomberg real yield." time for the final spread, the week ahead. coming up, sunday night is oscars night. followed by global pmi's and fed speak from salem on monday. dealmakers in investors across the globe will join me at bloomberg invest in new york. more on that in a moment. tuesday also has u.s. tariffs on mexico, china, and canada underway. wednesday, adp payroll is on the fed page book. thursday, and ecb rate decision. u.s. jobless claims and earning from broadcom and cosco. friday is the february u.s. jobs report and comments from fed chair jay powell. and for my final thought, looking ahead to bloomberg invest. some of the biggest names in finance, economics, and investing gathering in new york. the funds management ceo, don fitzpatrick, carlisle ceo harvey schwartz, and ceo of a-rod corp., alex rodriguez. before that, tune into annexes interview with sec. scott

on track. when you're planning for it all... the answer is j.p. morgan wealth management. sonali: this is bloombergl yield and it is time for the final spread. the week ahead is a shortened week. but we have u.s. markets closed with the presidents' day holiday but then we resume on tuesday with fed speak from mary daly with earnings from baidu and toll brothers. wednesday, minutes from the fomc and cpac gets underway. thursday, walmart earnings and the g20 summit in south africa and more earnings from mercedes and rivian. and then u.s. home sales and we look ahead to warren buffett's letter to shareholders on saturday. let us see how much value is alive and well in this market. from new york, that does it for us. same time, same place. this is bloomberg real yield's and this is bloomberg. ♪ vonnie: welcome to bloomberg markets. let us get a check on the markets. on the face of things not a lot is happening but the s&p 500 is down a little bit. the stocks are moving en masse. we have a lot of earnings ries and the chip stocks blowing as the wind takes them. so the philadelphia semiconductor index ab

tomorrow, bloomberg surveillance will interview treasury secretary scott bessent, tomorrow morning on bloomberg surveillance. apple is using a new low-end smartphone as it aims to revive growth after a sluggish holiday season. the details next. this is bloomberg. ♪ best thing i've ever done... that's what freddie told me. it was the best thing i've ever done. really? yes, without a doubt! i don't have any anxiety about money anymore. great people... different people, that's for sure... and all of them had different reasons for getting a reverse mortgage. but you know what? they all felt the same about two things- they all loved their home, and they all wanted to stay in that home. unlock a portion of your home's equity with a reverse mortgage loan, get tax-free cash and stay in the home you love. you'll rest easy knowing you'll continue to own your home just like any other mortgage. and your heirs will never owe more than the home's value. why don't you call and find out what a reverse mortgage can mean for you? the bbb awarded us an a+ rating, and 95% of our customers would recommend finance o

andrew hallman horse of citigroup was on bloomberg earlier today, and here is what he said about why the market is shrugging off the ppi number coming despite it coming in higher than estimates. andrew: you can look at different metrics on inflation. when you dig into the details, the fact that shelter inflation is slowing down, that will give officials confidence that we are getting some slowing. part of the reason the market is reluctant to react is you have to look at these detailed categories and look at the pce meeting. scarlet: joining us now with her take on the inflation data and what it means for the fed and rates is kelsey barrow, a fixed income manager at j.p. morgan asset management. good to see you. let's talk about this week' is inflation data. cpi surprised to the upside. there were some sharp revisions as well from the previous one. with the exception of the core ppi month over month for january. get the bond market not too worried about it right now. andrew hallman horse talked a little bit about the components. walk us through the market's thinking. kelce: this is a

we wanted to note another special interview on bloomberg, the u.s. treasury secretary on balance of power at the top of the next hour at 1:00 p.m. eastern, 1:00 p.m. new york time. do watch that interview. coming up, a closer look at stocks moving the most now. this is bloomberg. ♪ southern new hampshire university makes it possible for working adults and parents to accomplish their dreams. we are thrilled to be celebrating our graduates. snhu, it's worth it in more ways than you can probably even imagine. as you start that momentum and get that first class going, the rest just really falls into place. for anyone that feels like college is impossible, i was right there with you, but i can say today that it is possible because of snhu. go to snhu.edu to get started. vonnie: let's highlight a couple individual equity movers. >> i am looking at for hearing shares are lower, nearly 7%. profit may fall by $2 billion or more this year. they give two reasons, first lower vehicle prices and costly launches. they expect earnings before interest will be lower

live and exclusive on bloomberg tv in new york city. don't miss that. ty futures on the s&p 500 slightly softer. we are down by about .2%. under surveillance this morning, doge dividend. pres. trump: i signed an order creating the department of government efficiency and put a man named elon musk in charge. they are saving taxpayers billions of dollars every single day. there is even under consideration a new concept where we give 20% of the doge savings to american citizens and 20% goes to paying down debt, because the numbers are incredible. jonathan: president donald trump proposing to use savings from the doge efforts to pay down federal debt. and give americans cash. joining us from that conference in miami is bloomberg's tyler kendall. along did that address go on for yesterday evening? tyler: it went on for over an hour. we saw president trump to his signature weave there, hitting on issues from trade, to of course also this doge dividend. front and center was elon musk, the man he credited in that bite. doge announced this week it had cut $55 bill

on your noggins! caroline: "bloomberg technology." check out our podcast. on the terminal as well as online on apple, spotify and iheart. this is bloomberg. ♪ caroline: time now for talking tech. k.k.r. has secured enough shares of fuji soft in a tender offer to take the company profit. it ends a months' long bidding war. k.k.r. ames to acquire the remaining shares of the software maker through a squeeze-out process in late april, giving it a near 58% stake. the company posted a faster than anticipated 20% jump in quarterly revenue, len oaiveo. due for demand of its a.i. computing infrastructure. and shares of grab, they're falling today after the company predicted full-year revenue that actually trailed estimates. citing caution in the southeast asian ride sharing and food delivery market in particular. bloomberg spoke with grab c.f.o. who had this to say about their user base. >> it's a big year for our digital banks and it's a really very ecosystem-driven play when it comes to our product server digital banks. over half of those users on the digital bank

live from washington, d.c. >> welcome to "balance of power" on bloomberg tv and radio. inz live in washington where we have our eye on the white house as president trump sits down with the japanese prime minister. they are sent to hold a joint press conference shortly. donald trump extensive questions earlier so we will see how on time things are running. we will have more insight on it with the former u.s. ambassador to japan, rahm emanuel, this hour. we have to talk about the jobs report. we will get into it with a former economist at the labor department now with the heritage foundation. diana furchtgott-roth will be here, along with o

on the two-year. euro remains under pressure. the bloomberglar index is largely unmoved right now, but the euro has dropped point 5%. you continue to raise questions about whether or not we get to parity for euro-dollar. one or two right now. brent falling sharply. wti even more so. china putting in place some tariff restrictions in terms of the imports of oil into the chinese market. brent down 1%. gold just down a 10th of a percent, the yellow metal. we will check in on asian assets on -- in light of what we see in terms of the beijing response to those 10% tariffs coming through across the board from the trump administration, relative resilience, mainland markets come back tomorrow and they are closed today for the lunar new year holiday. we will see with the responses tomorrow. a bit of a catalytic aspect that deepseek will prove a catalyst again for the innovation sector. may be beijing comes through with more fiscal response because right now the markets in hong kong are showing gains. you could see that across the hang seng up 2.3%. the

this is "real yield" on bloomberg. bloomberg. ♪ve you got there, larry? -time machine. u gonna go back and see how the pyramids were built or something? nope. ellen and i want to go on vacation, so i'm going to go back to last week and buy a winning lottery ticket. -can i come? -only room for one. how am i getting home? sittin' on my lap like last time, ronald. fine, but i'm bringing this. [ whirring ] alright. or...you could try one of these savings options. the right money moves aren't as far-fetched as you think. there it is. see? told you it was going to all work out. thanks, future me. vonnie: i'm vonnie quinn. this is "bloomberg real yield." time now for the auction block where after a slow start the week, credit issuance picked up. we start in europe where we saw a few so-called reverse yankee sales. ibm, t-mobile and parker-hanifin all with deals. spread tightening suggested that investors bids were strong. ibm was also part of this week's u.s. high grade issuance. weekly volume was around $40 billion topping estimates. and over in high yield, issuance was higher

like many stocks in the market, they have given of the gains and are lower on the session. this is bloomberg. ♪ ♪♪ well would you look at that? jerry, you've got to see this. i've seen it. trust me, after 15 walks, it gets a little old. ugh. i really should be retired by now. wish i'd invested when i had the chance... to the moon! unbelievable. stop waiting. start investing. e*trade ® from morgan stanley. vonnie: this is bloomberg markets. time for the stock of the hour. looking at coinbase. shares jumped early but are now lower along with the rest of the market after the company said the sec was likely to drop its lawsuit that had accused coinbase of running an illegal exchange, among other accusations. we spoke with the sec commissioner hester pierce to discuss how she plans to change the regulatory approach to crypto. >> we put roadblock after roadblock up against people who are trying to talk to us, as we have asked them to do or register as we have asked them to do. watching what's happening in the last several years has been extremely frustrating for someone who believes government is

sonali: on bloomberg.com and the bloomberg terminal. right now. ar and this is one of my favorite episodes. vonnie: that does it for bloomberg markets. balance is next. this is bloomberg. ♪ >> from the world of politics to the world of business, this is "balance of power." ♪ live from washington, d.c. joe: the ukraine talks are underway. welcome to the fastest show in politics. jd vance meets with volodymyr zelenskyy today at the munich security conference after threatening sanctions and military action against russia if no deal is struck. an update on munich from bloomberg's tyler kendall with insights from michael allen. is also has his eyes on a critical deadline set for tomorrow at high noon in gaza. analysis from our signature panel, rick davis and jeanne sheehan zaino for the hour. thank you for being with us on this friday edition. we start with a look at wall street on the markets. amy morris? amy: retail sales phallic -- fell more than expected.

we bring you the latest on what it means for the markets. this is bloomberging) to the caribbean. we should do this every morning. sandals valentine's sale is now on. save up to $1,000 and get a sandal-lit dinner for two. >> welcome to bloomberg markets. ahead of the election, speaking to stephanie flanders, take a listen to some of the conversation. >> i have to admit that i'm in favor of free trade. i think this is a big advantage we have in the world many of the growth we have in the world is because of free trade. so it must be fair free trade yes and free trade is better than tariffs and protectionism. >> lower tariffs. >> when it comes to the european union i think everyone knows we are a big economic area with a lot of strength. and the policy about tariffs is common but we are strong enough to react with everything that's harming in the economy but we should react always. but in a way that is always offering the chance for an agreement because it's better for all parties involved especially on both sides of the atlantic. >> is the european union consi

we will bring you this decision on bloomberg tv special coverage, 12:00 p.m. -- london time. at 4:00 p.m. we will bring you an interview with the governor of the bank of england. andrew bailey will be sitting down with guy johnson. also later today u.s. treasury secretary scott bessent is speaking to guy johnson. he has said that his focus is on the 10-year treasury yield. with just over two weeks to go the german elections, tom mackenzie will be hosting a ceo briefing with some of the nation's most powerful business voices today at 9:00 a.m. london time. the opening trade is up next. anna edwards, kriti gupta, and guy johnson will be taking into the market open. this is bloomberg. ♪ (giggling) you go to sandals to get really, really close, (giggling) to the caribbean. we should do this every morning. sandals valentine's sale is now on. save up to $1,000 and get a sandal-lit dinner for two. the way i approach work post fatherhood, sa has really trying toe understand the generation that we're building devices for. here in the comcast family, we're building an i

this is bloomberg daybreak: europe. a 25% tariffs on all u.s. imports of steel and aluminum. ent trump threatening ties with top trade partners. and germany's election face-off. no knockout blow in the first tv debate. we will be in berlin. and bloomberg learns activist investor elliott has a significant stake in bp. and those are your headlines. let's get a check on markets because you have futures pointing higher despite the latest in the trump trade war. it looks like this is the week that it will touch every corner of the globe, the president announcing tariffs on steel and aluminum imports, 25% being the number. so is this tariff fatigue? and are investors open to the idea that the selloff was overdone? that is what the equity picture suggests but you can see more of a readthrough from the tariff news. as you have the dollar advancing against major peers, reflecting inflation fears and those same fears fueling the 10-year yield, elevated still at 4.48% ahead of those options this week. and we have fed chair jay powell's testimony coming and tariff news pushing gold to a r

that's next on bloomberg technolo ♪ caroline: this is "bloomberg technology." podcast on the terminal as well as apple, spotify and i heart. this is bloomberg. ♪ caroline: it's another big week for tech earnings. first up palatir, some see the levels difficult to maintain. collin is with us. a phenomenal run-up, a valuation 200 times future earnings. can 28% growth in revenue do it? >> it remains to be seen, what is interesting about palantir stock, they are bullish and saw an incredible run and shares slumped the beginning of the year but rallied 30% in the last two weeks to a record high before this earnings report. carmen: investors are excited about this company and excited about the long term potential here and i mean, palantir has a lot to prove in the earnings report. jackie: there's a a.i. arms race that seems to be intensifying in recent weeks, i'm curious what palantir's edge is here and we're familiar with their contracts with the defense department but what else is there to their business model that perhaps could benefit from this a.i. arms race we'

lars, thank you so much for being on bloomberg with us. lars: francine, thanks for having me. francine: after decades of research, basically, novo finds a molecule that changes everything, in terms of weight loss drugs. were you taken by surprise at the appetite, actually, for these drugs and how mainstream they are? lars: yeah, i would actually say there are many surprises when you get a product like that. it starts with surprises in the innovation, because there are many shots being made on goal, and most fail. and the winner is often the one that surprises people the most. francine: so, why do you think this, i guess, surprise or success was unexpected? did it capture something in society that you were not ready for? lars: i think we have seen, first, many decades of our company was focused on type 1 diabetes. then, because of lifestyle changes, perhaps genetics, there was an increase in type 2 diabetes. and -- but for many years, type 2 diabetes was not intensively treated. then there was a so-called ukpds study that really showed that you really need to treat type 2 diabe

this is bloomberg. ♪ tom: welcome back. ongermans will be voting on what could be one of the country's most consequential elections in decades. to help us delve into what is in stake -- what is at stake, i am pleased to be joined by sudha david-wilp, senior fellow at the german marshall fund. thank you for joining us. talk to us about the potential outcomes post sunday. we know it will be weeks, potentially months, to form a coalition. what is your best gauge right now of the most likely outcomes after the hugely consequential vote? sudha: good morning, tom. it is still very hard to say what the outcome will be after sunday's vote. one thing we can say is that the head of the conservative party, the cdu, is poised to be the chancellor. the question is will he only require one party to work with or will it be a three party coalition, which proved to be unwieldy the last time around, as we all know? the traffic light coalition collapsed last november because of massive inviting. if the small parties make it in, it will be hard t

that is tomorrow on bloomberg tv. even more important in light of these tariffs threats. a line crossing around samsung winning an appeal case relating to a merger dating back to 2015. the high court has upheld an acquittal of samsung's executive chairman so they are currently down 2.7%. that may be more of an effect in reaction to the tariff risk. emerging market currencies have slumped with the peso iran the biggest losers. let's check in with mark cranfield. i know you have been monitoring the impact across the treasury curve. it's difficult to know which asset classes to zoom in on. what stands out to you in terms of how the markets are adjusting to this news? >> it's the macro traders in control so far today and that's not too surprising because we have the cash markets that have not opened so we have to take into account what we have seen. the dollar is strong across the board. suspension of stealth intervention already to try and keep them stable and that certainly the genesis of an article suggesting they are preparing talks with the u.s. but what's interesting is

he also appeared on bloomberg tv at that big ai conference in paris. i mean, look, openai is not for sale. the openai mission is not for sale. elon tries all sorts of things for a long time. this is the, you know, this week's episode. do you think musk's approach then is from a position of insecurity about x? ai? probably his whole life is from a position of insecurity. i feel for the guy. you feel for him, i do actually. i don't think he's like a happy person. i do feel for him in some very personal shots there. so. elon musk offers 97 billion. openai valued at approximately what, 250 billion? is this a real offer or is this elon musk trolling and trying to bully him? a little bit of both. this is here in silicon valley for us, our current soap opera. it's our current back and forth beef right now. you had musk offering 97 billion for openai, sam altman saying it's not for sale, but i'll pay 9 billion for your company that he called twitter, by the way, a little shot there. and this is the back and forth of what's essentially a divorced couple. they b

on that, next. this is bloomberg. ♪ sonali: this is bloomberg graseck. -- bloomberg and i am sonali basak. ares are higher on speculation that the u.s. chipmaker could be broken up in a deal involving tsmc or broadcom. we are joined by senior editor michael sheppard, joining us in washington and of course, this story would have a big nod from the white house. if we think about what is possible in terms of what the trump administration facilitates for what is really in a lot of ways national treasure that has been wavering for a long time now, what could they do? >> this is a great an open question right now and really for the past couple of years, you know, the u.s. chipmaking commit domestic making capacity and capability has been a focus of policymakers. the biden administration pushed through the chips and science asked to give companies like intel a boost to do more production of advanced chips here in the u.s. and for intel at least, that effort has not really born the kind of fruit officials here had hoped for and really by the end of the biden administration, they were also thinking

bloomberg daybreak: europe. it is 6:15 a.m. in london. elliott putting pressure onp after building a significant stake in the company. the oil and gas major is set to report earnings later today, shareholders hoping the new impetus will deliver strategic transformation. more now from will kennedy, bloomberg senior executive editor for energy and commodities. good morning. take us through investors will be focused on when earnings drop. >> a lot of focus will be on the buybacks. clearly investors are demanding big returns and dividends and buybacks but there is concern with bp in that its latest buyback may prove unsustainable given a softer oil price and declining refining margins and they may have to pare it back. they will try to get values back today before the capital markets do something into weeks. it will be perhaps not a great set of earnings and it will be interesting to see how weak they are. lizzy: most of the oil majors have suffered from the deteriorating market but as you say bp has kind of been alone in being expected to slow the pace of buybacks. why

if you're a subscriber on the bloomberg terminal as well. avid tinsley writing, "we saw some chills with no serious shadows. spending per household. one point 9% year-over-year. --1.9% year-over-year. " we had the l.a. wildfires, a cold snap across the east coast. do you see that in the data at all? david: we do. what we see is that on the month spending dropped .4% over the u.s. as a whole. across the regions it was the south are we had particularly cold, chilly weather,. which saw the biggest drop down .9%. not so much of a story in the west. that was pretty much flat. basically the dip in consumer spending in january is more or less a weather story. if you look past that, we are in pretty good shape. lisa: do you see over the credit worthiness and consumers at a time when they are eating into their savings? you are seeing credit card delinquencies ticking up. david: achilles some consumers in particular. in the report today we are focusing on auto loan repayments. the price of used new cars has risen a lot. the loan and interest rates are

bloomberg technology." do not forget to check out our podcast. you can find it onl as apple, spotify, and iheart. not forget earnings after the bell as well. alphabet, md. plenty to digest when it comes to earnings. from new york and san francisco, this is "bloomberg technology." ♪ ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management the way i approach work post fatherhood, when has really trying toith understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. tim: welcome to "bloomberg crypto." look at the technology ship a world of decentralized finance. i'm tim stenove

jon: we all have follow-up questions but you get round two of scott bessent here on bloomberg sitting down with our reporter. look for that later this afternoon. that will be must watch. the s&p 500 just about positive. we will catch up with northern trust with stocks on a two day winning streak, ed mills with best and focus on 10-year treasury yield's, and scott devitt previewing amazon. a third straight day of gains as traders look ahead to a busy stretch of earnings. expecting volatility ahead, writing, political uncertainty is likely to remain high during the first few months of the administration. we think investor should maintain a flexible investment strategy that can adapt to trade policies. you have been busy. how busy have you been? >> a little hectic. jon: have you had to become super tactical? >> the reverse, jon. over the weekend we published on capital market presumptions focusing on our 10 year outlook for asset classes. the situation for equities looks decent. it is quite a contrast that sunday night we were focused so much on what it means for the next day, while we a

eastern time live on bloomberg surveillance.te. >> the overall goal is to try to get $1 trillion out of the deficit. if the deficit is not under control, america will go bankrupt. this is important to understand. if an individual overspend, they can go bankrupt, and so can a country. the massive waste and abuse going on, which is leading to a $2 trillion a your deficit, that is with the president was handed. jonathan: elon musk and president trump defending doge and cost-cutting initiatives the president is said to deliver a keynote speech at the saudi-backed future investment initiative summit in miami today. tyler kendall joins us now from miami. walk us through what we can expect and ultimately from the president of the united states? tyler: the week that president trump took office the saudi crown prince said saudi arabia would increase investment in trade in the u.s. by $600 billion. that was a pretty big pledge over four years considering it makes up about 55% of the country's gdp. president trump said that was not enough

caroline: bloomberg's mike shephard, we thank you. tariffs, onef the things in the political landscape. how companies should manage this fluid environment. pivoted his. you have a wealth of political experience. you've been campaign managers. reminder to our audience, michael bloomberg is the founder of bloomberg news. i just want to put to you, how does a company you advise manage to move and navigate in this ever-changing environment? >> yeah, i mean, right now i think first and foremost there's really a lot of disappointment amongst startoffs because the venture market has been dead for the last four years. it was an absolute dearth of liquidity both in terms of i.p.o.'s and m & a activity and last fall there was a tremendous amount of optimism that between reduced interest rates and a change in regulators at the from federal level, that market would open up and we'd see a lot of growth and all-american innovation really relies upon that market being free and open. and that hasn't happened at all. we have both chairman powell signaling what mig

caroline: you are looking at a live shot of the principal room, check out our bloomberg technology podcast onrminal, apple, spotify, and i heart. this is bloomberg. jackie: today in the vc spotlight, we take a look at the shifting ai landscape as players demonstrate potentially cheaper approaches in the trump administration focuses on u.s. competitiveness in the sector. steve from kindred ventures is here with more. there's a lot of signaling of support, but help us to understand what you are seeing from your perch at the table. is it all talk or is it trickling through to the companies you are seeing? steve: the big question right now in the industry is open source versus closed source. it's not only for model pretraining availability, but also a huge issue across the planet. there is an inevitable movement let that happening where sovereign ai is a consistent naming asia, middle east, the u.s., and china. china sets it up a lot from station countries that are more aligned and open to u.s. models. this overall trend we are seeing right now is trickling down into who can use the models and ap

on the program. you are watching bloomberg tv. an: stocks are down across the board, negative by 1.5% on the s&p 500. down by 1.7 on the nasdaq. the stocks to watch, there are many. keep one eye on the automakers throughout the session. they had such a painful week last week. decent numbers, how theissen outlook -- half decent outlook. lisa: they rely so much more on mexico to the north of mexico away from china, the reason why they are being penalized on 25% tariffs on mexico. jonathan: trump's tariffs strike oil. president trump: mexico and canada have never been good to us on trade. they have treated us very unfairly on trade. we will be able to make that up very quickly. we don't need the product they have. we have oil, trees, lumber. jonathan: do we have the kind of oil we need? oil prices jumping as donald trump places tariffs of 25% on mexico and canada. mike: you put your finger on the big problem. we have a lot of oil but not the kind of oil you need in parts of the country, particularly the midwest. it is heavy crude that

on morale. this is "bloomberg technology." ♪♪ only servicenow connects every corner of your business, putting airner? every corner, nick. ow! so kate in hr ... hey kate. can focus on people, not process. patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. and ai helps jim solve customer problems before they're problems. oh, so we all work better, together! my work here is done. excuse me, which way back? >> amazon's effort to cut out middle management bloat is sending ripples throughout the company. with many employees fearing uncertainty and a lack of promotions. for more, bloomberg's spencer joins us now. amazon veterans are used to periods of belt tightening. what did you glean from employees about how the tactics this time around are different? >> well, a lot of it is a sign of the times. employees historically within amazon when jeff bezos was c.e.o. would maybe try to figure out what he was excited about because they figured that was going to get a lot of money and investment and that would be a nice career path for them. the big difference with t

on that, next. this is bloomberg. ♪ a sleep number® smart bed is perfect for couples. (♪♪) it helps reduce snoring withso you both get your best night's sleep. and now, save 50% on the new sleep number® limited edition smart bed. shop a sleep number® store near you. jackie: shares of airbnb are surging as the company posted an upbeat forecast for the first three months of 2025, citing continued strong demand following holiday strength. now for more, natalie joins us now. natalie, help us understand this. gig economy peers had muted forecasts, what is driving the airbnb optimism? >> they had a very good fourth quarter during the holiday season where u.s. airline carriers and people like expedia talk about strong international travel. in particular, airbnb saw acceleration of growth in all of the regions they are operating income including the u.s., where there was slowing demand last year, seems like it's really back in the later part of the year. tim: what's going on with the experience part of the business? natalie: they told us they would be spending $200 million into $250 million for new initiatives

on the s&p. let's get stories elsewhere with your bloomberg brief. israel defense force says it's air force did a strike in lebanese territory on two military sites. the site contains hezbollah records -- weapons was is a violation of the cease-fire agreement. dallas fed president lori logan has suggested that interest rates may already be near a neutral level of eliminating the need for further rate cuts even if inflation continues to cool. she said the fed would need to lower rates if the labor market deteriorated. take a look at porsche shares down in german trading. the luxury automaker says profits will slump this year. costs are mounting after executives misjudged how eager sports car drivers would be to turn electric. it turns out they are not so eager so porsche is saying it will take a hit of as much as $830 million as it adds more combustion engine and hybrid models. jonathan: thank you. it is down to the engine. you cannot replicate that. lisa: honestly, do they not understand their clientele? do they really not understand the people who w

in the other direction. >> it's clear that the market is almost entirely focused on inflation risk. >> this is bloombergerro, lisa abramowicz, and annmarie hordern. jonathan: it has been a quiet week so far in the grand scheme of things. equity futures on the s&p 500 posited by about .1%. about 90 minutes away. up by .3% on small caps. the 10 year yield was lower yesterday. down by two basis points, just short of 4.50. on the front end of the curve, basis point a 4.26. going into economic data, pmi's at 9:45 eastern. pmi's out of europe are not impressive, and there are many in this market who are looking through those tariff threats. annmarie: many say, look, trump is in negotiating mode, but you bring up the calendar. on march 4 we will find out if the pause on canada and mexico is real or if tariffs come into play. march 12, 25% tariffs on aluminum and steel. on april 2, auto tariffs in the range of 25%. can you look through all of this? it has been a lot of bark annalee one place has had a bite, and that is china. dani: it's remarkable that the bond market has been so unmoved and not just by tariffs

and on bloomberg, in an interview with treasury secretary, we got an assurance that no personal data was being reviewed or taken. since then, we've seen members of congress push back on that. skeptical of what scott bessent said in that interview, elizabeth warren, chief among them. so there's a very real sense. yes, it's chaos. could be incompetence. it's also just ambiguity about what's happening here. and i think that that's the thing that's most likely to be salient with americans, this fear that they don't know what's going on. the people doing this work don't know what's going on and could have very real effects. and so it's happening in treasury. it's happening across the agencies. and i think back just on the latest news about, you know, that first elon musk email. give your five bullet points and the response from one of the agencies, which was don't say anything here that could be viewed by a foreign adversary. also incredibly alarming. also having to do with with sensitive data. >> yeah. and abby, i do want to kind of give the other perspective. and i'm guessing it's like a

equity futures on the s&p 500 stateside about positive by one third of 1%. dani: bloombergearned elon musk's government efficiency team is try to access a broad range of taxpayer data. that includes data on individuals. democratic lawmakers raised concerns over privacy issues. the u.s. has strict laws that prohibit disclosure of taxpayer data with some exceptions for law enforcement. goldman sachs has raised its goal targeted $3100 an ounce. analysts cited central bank buying and inflows into gold backed etf's. if uncertainty over economic policy persists, gold could hit $3300 an ounce. in travel, southwest airlines cutting more than 1700 jobs in his leadership ranks. that will impact 15% of corporate positions. if the first layoffs in the u.s. carrier's history. the reductions will start in late april and will be substantially complete by the end of the second quarter. that is your brief. jonathan: appreciate it. more in about 30 minutes time. up next, the waiting game. >> we are trying to sort through potential for stronger growth, the potential for geopolitical shift. we

he is majoring in on the march 4 date, so bloomberg dollar index did see quite a jump. we have u.s. pce data, the fed's favorite inflation metric expected to rise month on month for the month of january. we will be analyzing even the second decimal. tom: you will have your magnifying glass out for the data later today on the inflation front with markets pricing in two additional cuts this year. we will see how that adjust around pce. valerie with the market reaction. part of this is done to what is happening on the tariff story. chinese stocks sliding in the session. after u.s. president donald trump said he would impose additional 10% tariffs on imports from the world's second-largest economy, adding to fears of an expanding trade war between the two nations. it comes after president trump said the tariffs on canada and mexico are on track to take place next week. here is what he said. pres. trump: it is a myth put out there by foreign countries really do not like paying tariffs especially to even out. we have been treated badly a lot. we are using tariffs. i find you have to look a

bloomberg. >> welcome back. nvidia results coming through. make or break moment could be nvidia earnings. dan of wedbush expecting solid numbers and potential volatility. around 9.9% is the onenings story of the week. stay with us. the opening trade is next. this is bloomberg. the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. one scorching heatwave will leave me powerless to cool my insulin. - when the storm rolls in, my time to find a pet-friendly evacuation center will have run out. - i'm relying on luck, but who knows if it'll be on my side. vo: when it comes to disasters and emergencies, it's not a matter of if, but when. take control. 1. assess your needs 2. make a plan 3. engage your support network let's prepare so we all have a better story to tell. kriti: good morning from london. i'm kriti gupta alongside lizzy

altman on bloomberg talking about musk and ai from paris. do you think musk's approach, then, is from a position of insecurity about ai? probably his whole life is from a position of insecurity. i feel for the guy. do you feel for him? i do actually. i don't think he's like a happy person. i do feel for him. okay, you know who are the. it was drake and kendrick lamar. yes. well, i think we're about to see this devolve into that very thing. it's interesting being a minor. yeah, yeah. and altman, you know, doing the super bowl halftitime next year. that'll be interesting. why not? yeah. well he probably could. yeah. thanks, guy. well training for you this morning the philadelphia eagles the hard part now done. and now let's just say the questions begin. at least when it comes to one specific play made popular by the team. you know what it is the tush push. or is it the brotherly shove? whatever it is, jimmy fallon tried to get to the bottom of it all last night. what people are calling the tush push? yeah. is that what you call it? it's not wh

find it on the terminal. this is bloombergpening members are starting up their own startups. we have the former open a.i. c.t.o. launching her own company, called thinking machines lab along with several open sectors. we look at more what everyone has been waiting with baited breath and what will she do? no product yet but an inspiration and roadmap at least to a certain extent. >> that's right. the former c.e.o. of open a.i. is starting a new venture and she will be building both the research models as well as products to be determined and recruited quite a few former open a.i. employees -- or i should say now several former a.i. employees are working there. jonathan: why are investors so confident that a company with no product and no superclear roadmap yet, how can they actually emerge as a contender in a.i.? >> it seems like there is an insatiable demand to invest in the next big a.i. company and still anyone's game as we're seeing all these a.i. models becoming increasingly competitive with each other. just this week we s

more on that and super bowl lix next. this is bloomberg my degree online at southern new hampshire university. it's possible to raise a family, to pursue other things and still further your education. and you can do it too. from all over the country. i live in massachusetts. i live in texas. i live in california. i live in pennsylvania. i'm from florida, i'm from virginia, in north carolina, in saint louis. i'm from tennessee, and i'm from georgia. regardless of where you live across the country, earn your degree at snhu. visit snhu.edu. caroline: shares of t-mobile up today, the telecom provider has officially launched their service with elon musk's starlink network, offering text and data usage off the grid. it is free for now. the offer is open to anyone with the service eventually costing $15 a month. t-mobile announced the program on sunday, with an ad featuring the super bowl. jackie: for more on how the nfl is dominating entertainment. lucas, viewership of almost everything on tv has plummeted but somehow, the nfl has just gotten bi

bloomberg technology. you can find our forecast on the terminal. is bloomberg technology. ♪ we are taught you don't talk about your problems with nobody because you could get in trouble, and i've been through a lot. anxiety, depression, sexual assault. when i decided to get help, my life changed. and the mental health box, that was one of the big tools. accepting help means that we are allowing somebody to bless our life. it's freeing. we got stronger together. love, your mind. sonali: live from bloomberg world headquarters are in a sonali basak. tim: and i'm tim stenovec. sonali: recording falling below 87,000 less than one month after topping 100,000 on pace for the worse a lot since august. tim: risk of rna stocks

check out the bloomberg technology podcast. you can also find it onnal, as well as online. this is bloomberg. tim: following the lead of the trump administration some tech companies are scrapping or rolling back d.e.i., diversity, equity, and inclusion programs. for more on what this could mean we are joined by joelle emerson, the cofounder and ceo of paradigm. it is a platform that helps companies improve and benchmark inclusion efforts. good to see you. i'm curious. i would imagine you kind of have a problem with the premise of the question here, because you argue that these companies are not rolling back there d.e.i. programs. that is what it looks like to me. joelle: i think it is a moment of evolution. definitely the social landscapes are changing, but what i see especially from the companies we work with is the desire to refocus efforts on programs that create fair and inclusive cultures for everyone. the good news is that is a goal that is pretty universally popular, and i think that is going to require some evolution. it's going to look like a

on inflation. >> for more let's bring in michael mckee. he covers all things fed for bloomberg. on inflation and gdp growth that we learn anything new from the fed chair today? michael: we did not. basically chair powell repeated what he had other members of the fed have been saying for quite a while. it was kind of a quiet message to the markets that nothing has changed. the fed is still on hold but they aren't putting a timetable on it because they do not know with the president's policies will be. he wanted to stay out of the markets. for the most part he did. >> he also said absolutely nothing about tariffs. you anticipated that would be the case. he doesn't want to go there. michael: he doesn't. we knew that going in. he has done his best all along to stay out of the debate, at least in public, about what will happen to the economy. but they don't really know because the administration hasn't given any details. they put 20 5% tariffs on but they don't start until march. will there be exceptions? we don't know. there are a lot of unknowns out there. at one point he committed

bloomberg's senior editor. coming up, congress makes an offer on hostage release. 'll discuss the state of the cease-fire in gaza. that is next. this is bloomberg. ♪ you think those phone guys will ever figure out how to keep 5g home internet from slowing down during peak hours? their customers have to share a wireless signal with everyone in their area. oooh. you know, it's kinda like when you bring a really big cake for your birthday, and then there's only a little, tiny sliver left for the birthday girl. aw. well, wish her a happy birthday. happy birthday... -it's... ...to her. -no, it's me. have your cake and eat it, too. don't settle for t-mobile or verizon 5g home internet. get super fast xfinity internet you don't have to share. forty's going to be my year. tom: welcome back. hamas says it is ready to exchange its remaining israeli hostages all at once during the second phase over the gaza truce. dan, is this a significant move in the direction of stage two in this cease-fire? how positive is this for the trajectory of that cease-fire? >> well, on the face of

also altman was on bloomberg this morning and he was asked about the back and forth here.ten to what he said. >> look openai is not for sale. the openai mission is not for sale. elon tries all sorts of things for a long time. um, this is the, you know, this week's episode. >> do you think musk's approach then is from a position of insecurity about a.i.? >> probably his whole life is from a position of insecurity. i feel for the guy. >> do you feel for him? >> i do actually. i don't think he's like a happy person. i do feel for him. >> his his whole life is from a position of insecurity. i feel for the guy. i don't think he's a happy person. >> yeah. >> listen, this battle is heating up. it's getting very personal as far as what happens with this deal. cnn's kara swisher said unlikely to have a deal here, for obvious reasons, but that might not really be the ultimate goal here. musk could be trying to throw a wrench in some of openai's fundraising efforts. their effort to convert to a for profit company. but we've got to stay tuned to this, this story, because it's not goin

he was on bloomberg talking about musk and ai from paris. do you think musk's approach, then is from a position of insecurity about x? ai? probably his whole life is from a position of insecurity. i feel for the guy. do you feel for him? i do actually. i don't think he's like a happy person. i do feel for him. okay, again, we'll talk more about musk and wh polices musk. that's a big concern coming up in politics. all right. thanks, scott. you bet. well, happening today, the return of the california conference for women with some big names taking the stage in the south bay. it features renowned speakers on a wide range of topics, including leadership, career growth, wellness and finance. this year's speakers include simone biles, brittney griner, and jane fonda. nbc bay area's hilda gutierrez will host one session. janelle wang will interview fonda. it all starts at 845 at the san jose convention center. that event, like every year, is sold out. well, many people are congratulating jalen hurts and the philadelphia eagles on winning the super