Cheryl Miller, CEO at AutoNation, discusses strong quarterly earnings and how consumers are migrating from new to "nearly" new cars. She also explains their partnership with Waymo and the evolution of autonomous vehicles.

Host: Jason Kelly. Producer: Doni Holloway.

Cheryl Miller, CEO at AutoNation, discusses strong quarterly earnings and how consumers are migrating from new to "nearly" new cars. She also explains their partnership with Waymo and the evolution of autonomous vehicles.Host: Jason Kelly. Producer: Doni Holloway.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

AutoNation CEO 'Feeling Good' about Consumer Demand

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8c00ab5b-4029-4d8c-b664-ae2b008334f8/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Hewlett Packard Enterprise Co. boosted its networking revenue forecast and announced a $1.2 billion order from cloud company Vultr, giving fresh signals that it’s benefiting from the AI build-out.

The company, which expanded its networking business by acquiring Juniper Networks last year, now expects that segment to range from the high teens to the low 20s in percentage sales growth during fiscal 2027. The company also gave a longer-range sales outlook in the high teens, with an operating margin target of as much as the high 20s.

For more, we speak with Marie Myers, Chief Financial Officer at HPE.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Hewlett Packard Enterprise Co. boosted its networking revenue forecast and announced a $1.2 billion order from cloud company Vultr, giving fresh signals that it&rsquo;s benefiting from the AI build-out. The company, which expanded its networking business by acquiring Juniper Networks last year, now expects that segment to range from the high teens to the low 20s in percentage sales growth during fiscal 2027. The company also gave a longer-range sales outlook in the high teens, with an operating margin target of as much as the high 20s. For more, we speak with Marie Myers, Chief Financial Officer at HPE.

HPE Boosts Networking Forecast on AI Demand

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/47b456e1-1daf-40ba-915c-b4d5015d77cb/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent inflation. Inflation-adjusted personal spending climbed 0.6% in August from a month earlier, for the biggest monthly jump since March 2025. The Federal Reserve’s preferred measure of underlying inflation, the personal consumption expenditures price index excluding food and energy, rose a less-than-expected 0.2%. The prior month was also revised lower. 

On today's episode:
Mike McKee, Bloomberg News & Lindsey Piegza, Chief Economist at Stifel
David Bahnsen, Founder & CIO at The Bahnsen Group
Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist
Jennifer Palmer, Founder & CEO at JPalmer Collective

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent inflation. Inflation-adjusted personal spending climbed 0.6% in August from a month earlier, for the biggest monthly jump since March 2025. The Federal Reserve&rsquo;s preferred measure of underlying inflation, the personal consumption expenditures price index excluding food and energy, rose a less-than-expected 0.2%. The prior month was also revised lower. On today's episode:
<ul>
<li>Mike McKee, Bloomberg News &amp; Lindsey Piegza, Chief Economist at Stifel</li>
<li>David Bahnsen, Founder &amp; CIO at The Bahnsen Group</li>
<li>Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist</li>
<li>Jennifer Palmer, Founder &amp; CEO at JPalmer Collective</li>
</ul>

US Inflation Surprise Curbs Fed Hike Bets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e0422a72-b32d-4f11-8530-b4d50160f3f5/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Apple Inc. Chief Executive Officer John Ternus, just weeks into the role, is moving to overhaul the iPhone maker in an effort to accelerate product development, broaden its range of devices and create a leaner organization with a greater focus on engineering.

The plans, which Ternus has discussed internally with colleagues, offer the first signs of how Apple’s former hardware engineering chief intends to reshape the company following Tim Cook’s 15-year tenure as CEO. We take a closer look with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Apple Inc.&nbsp;Chief Executive Officer&nbsp;John Ternus, just weeks into the role, is moving to overhaul the iPhone maker in an effort to accelerate product development, broaden its range of devices and create a leaner organization with a greater focus on engineering. The plans, which Ternus has discussed internally with colleagues, offer the first signs of how Apple&rsquo;s former hardware engineering chief intends to reshape the company following&nbsp;Tim Cook&rsquo;s 15-year tenure as CEO.&nbsp;We take a closer look with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.

Apple CEO Eyes Faster Product Releases, Fewer Middle Managers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/76437052-c7f9-487f-92f0-b4d401590dec/transcript

AutoNation CEO 'Feeling Good' about Consumer Demand

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