Bloomberg's Devika Krishna Kumar breaks down the latest movement in the oil markets as Trump throws cold water on hopes of a deal between the US and Iran. Then, Hardika Singh, economic strategist at Fundstrat, discusses the markets as stocks continue to trade higher despite risk from the war in Iran. Plus, Bloomberg Economics chief geoeconomics analyst Jennifer Welch previews Trump's trip to Beijing to meet with China's President Xi later this week. Finally, Angi CEO Jeff Kip talks his company's 'radical pivot' to AI.
Chapters:
00:00:00 - Bloomberg Businessweek Daily
00:03:54 - Oil Climbs After Trump Rebuffs Iran's Offer
00:06:13 - Trump Floats Temporary Gas Tax as Prices Soar
00:10:22 - Oil Climbs as Trump Says US-Iran Ceasefire on 'Life Support'
00:12:48 - Global Economy Feels Impact of Iran War
00:21:16 - Trump Rejects New Iran Offer
00:23:01 - Trump to meet Xi in Beijing this Week
00:28:47 - Musk, Cook Set to Join Trump for Xi Summit, White House Says
00:34:12 - Angi Becomes Latest Company to Announce AI Pivot
00:43:42 - Stocks on the Move Today
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More on Bloomberg Television and Markets
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Chapters:
00:00:00 - Bloomberg Businessweek Daily
00:03:54 - Oil Climbs After Trump Rebuffs Iran's Offer
00:06:13 - Trump Floats Temporary Gas Tax as Prices Soar
00:10:22 - Oil Climbs as Trump Says US-Iran Ceasefire on 'Life Support'
00:12:48 - Global Economy Feels Impact of Iran War
00:21:16 - Trump Rejects New Iran Offer
00:23:01 - Trump to meet Xi in Beijing this Week
00:28:47 - Musk, Cook Set to Join Trump for Xi Summit, White House Says
00:34:12 - Angi Becomes Latest Company to Announce AI Pivot
00:43:42 - Stocks on the Move Today
--------
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.
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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
Instagram: https://www.instagram.com/bloombergbusiness/
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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