Oakland A’s Owner Fisher Can’t Help But See Vegas as a Good Bet
Hi, it’s Mike Hytha in San Francisco today with a look at why owner John Fisher would rather move than sell the Oakland A’s. We also have news on Charlie Ergen bringing back together Dish and EchoStar like it’s 2008. #press
Light & Wonder Sales Beat Expectations on Slot Machine Comeback
Light & Wonder Inc., a maker of slot machines and online games, reported second-quarter sales the beat analysts’ estimates as casinos continued to stock up on gear for bettors. #press
PayPal's Digital Currency GM Talks Stablecoin
Source: Bloomberg, 8:16 #press
Private-Jet Firm Wheels Up Seeks Rescue Funding
Private-jet company Wheels Up Experience Inc. is seeking new financing from investors as its cash dwindles, according to people with knowledge of the situation. #press
Ercot’s Extremes: Weather, Solar and Bitcoin (Podcast)
Source: Bloomberg, 29:17 #press
Meltem Demirors Talks Crypto
Source: Bloomberg, 4:05 #press
https://www.bloomberg.com/news/audio/2023-08-08/meltem-demirors-talks-crypto?utm_source=press.coop
ZipRecruiter Falls After Pulling Guidance on Erratic Job Market
ZipRecruiter Inc. withdrew its annual earnings guidance due to “atypical hiring patterns” in the first half of the year, saying its customers are increasingly unwilling to pay for job postings and it no longer has a view on when that will change. #press
Summertime Shakeup on the Campaign Trail (Podcast)
Source: Bloomberg, 26:15 #press
Lawyers Are Getting on More Corporate Boards (Podcast)
Source: Bloomberg, 26:17 #press
Moody’s Cuts Bank Ratings (Podcast)
Source: Bloomberg, 34:01 #press
Thinner Wallets: The Bloomberg Open, Asia Edition
Good morning. M&A bonuses will probably shrink. China is now only the US’s third-largest supplier. And 20 derelict Ferraris are for sale. #press
Cathie Wood Talks ETFs, Tesla, China Risk and Markets (Podcast)
Source: Bloomberg, 24:08 #press
A Billionaire, His Yacht and Insider Trading Charges (Podcast)
Source: Bloomberg, 23:29 #press
Palantir Fails to Deliver on Revenue Forecast
Palantir Technologies Inc. gave an annual revenue forecast that was at the low end of an earlier projection, spooking investors who had driven the shares up on expectations for its artificial intelligence technology to drive sales. Mandeep Singh of Bloomberg Intelligence analyzes the earnings. (Source: Bloomberg) #press
Cathie Wood Optimistic on SEC Spot-Bitcoin ETF Approval(Podcast)
Source: Bloomberg, 35:19 #press
Snapback: The Bloomberg Close, Americas Edition
Good afternoon. Here’s what you need to know to end your day. #press
Your Evening Briefing: Fitch Downgrade May Fuel US Shutdown Risk
Get caught up. #press
International Flavors Drops 20% on Softening Consumer Demand
International Flavors and Fragrances Inc. fell after slashing its full-year sales guidance as customers pull back on spending while working through their stashes of products instead of replenishing their pantries. #press
Foreign Investment in China Falls, Tesla Replaces CFO (Podcast)
Source: Bloomberg, 15:56 #press
Ronald Temple on the Markets (Radio)
Source: Bloomberg, 8:29 #press