Robinhood is competing with other retail brokerages over access to Anthropic's mega-IPO and others as they come to market. CFO Shiv Verma says the company continues to see demand for IPO access, adding, "We're making sure the companies know retail is here." He also discusses the use of AI agents in trading accounts, saying customers continue asking for more agentic tools. Verma also says Robinhood is seeing an increase in non-sports related trades on its prediction market platform. Plus, Bloomberg News White House Correspondent Kate Sullivan joins to discuss President Trump's remarks from the Lincoln Memorial reflecting pool just one day before midterm elections. Then, Satya Thallam, Former Senior Counselor in the Trump White House joins to discuss data center opposition as a major issue in the election. Finally, Rep. Mike Lawler (R-NY) joins to discuss his campaign strategy as New Yorkers head to the polls Tuesday.
Chapters:
00:00:00 Bloomberg Businessweek Daily
00:01:33 Robinhood on Anthropic's IPO
00:05:47 AI Agents & the Future of Trading
00:08:22 Robinhood's Prediction Markets Boom
00:13:13 Midterms, Regulation & Fintech
00:14:53 Markets: Oil Plunges on Iran Diplomacy
00:17:00 Trump's Role in the Midterms
00:18:40 Election Challenges, Polling & Turnout
00:24:13 Trump's Election Eve Speech
00:28:04 Iran, Oil Prices & Trump's Economic Message
00:32:01 Trump's Closing Message & Republican Risks
00:35:21 AI, Data Centers & Voter Backlash
00:39:43 Midterms & the Future of Tech Regulation
00:46:38 Michael Lawler on His Toss-Up House Race
00:50:13 Iran & U.S. Foreign Policy
00:53:11 Stock Movers: AI Deal, Marriott & Rivian
--------
More on Bloomberg Television and Markets
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Chapters:
00:00:00 Bloomberg Businessweek Daily
00:01:33 Robinhood on Anthropic's IPO
00:05:47 AI Agents & the Future of Trading
00:08:22 Robinhood's Prediction Markets Boom
00:13:13 Midterms, Regulation & Fintech
00:14:53 Markets: Oil Plunges on Iran Diplomacy
00:17:00 Trump's Role in the Midterms
00:18:40 Election Challenges, Polling & Turnout
00:24:13 Trump's Election Eve Speech
00:28:04 Iran, Oil Prices & Trump's Economic Message
00:32:01 Trump's Closing Message & Republican Risks
00:35:21 AI, Data Centers & Voter Backlash
00:39:43 Midterms & the Future of Tech Regulation
00:46:38 Michael Lawler on His Toss-Up House Race
00:50:13 Iran & U.S. Foreign Policy
00:53:11 Stock Movers: AI Deal, Marriott & Rivian
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
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TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts