Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Bloomberg Businessweek Senior Reporter Amanda Mull discusses Bogg Bags, the colorful, perforated plastic bags that are projected to hit $100 million in sales this year. 
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. 

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Bloomberg Businessweek Senior Reporter Amanda Mull discusses Bogg Bags, the colorful, perforated plastic bags that are projected to hit $100 million in sales this year. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

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

Bogg Bags Near $100 Million in Sales Thanks to America’s Moms

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a66ce424-2c3a-4f9f-b528-b20200bdbbfb/transcript

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

SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster initial public offering in June.

Elon Musk’s satellite, space and artificial intelligence conglomerate reported revenue of $7.8 billion on Tuesday, greater than than the $6.81 billion analysts polled by Bloomberg estimated on average.
It also unveiled an operating loss of $1.26 billion from its AI business, better than the consensus for a loss of $2.39 billion. SpaceX’s eagerly awaited quarterly results cap a roller coaster ride since the company raised $86 billion in the largest stock-market debut of all time. Its shares have since plunged in a bout of post-IPO volatility and a broader AI selloff, erasing more than $1 trillion in market value from their peak along with Musk’s status as the world’s first trillionaire.

On this episode, Carol Massar and Tim Stenovec speak with:
Mandeep Singh, BI Global Head of Technology Research and Ed Ludlow, host of Bloomberg Tech
Kate Gulliver, CFO, Wayfair
Richard Bourke, Bloomberg Intelligence Senior Analyst, Metals & Mining on Copper Tops $14,000 as US Stockpiles Swell Before Tariff Call 

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. SpaceX&rsquo;s revenue exceeded Wall Street&rsquo;s expectations in the company&rsquo;s first quarterly financial report following its blockbuster initial public offering in June. Elon Musk&rsquo;s satellite, space and artificial intelligence conglomerate reported revenue of $7.8 billion on Tuesday, greater than than the $6.81 billion analysts polled by Bloomberg estimated on average. It also unveiled an operating loss of $1.26 billion from its AI business, better than the consensus for a loss of $2.39 billion. SpaceX&rsquo;s eagerly awaited quarterly results cap a roller coaster ride since the company raised $86 billion in the largest stock-market debut of all time. Its shares have since plunged in a bout of post-IPO volatility and a broader AI selloff, erasing more than $1 trillion in market value from their peak along with Musk&rsquo;s status as the world&rsquo;s first trillionaire. On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Mandeep Singh, BI Global Head of Technology Research and Ed Ludlow, host of Bloomberg Tech</li>
<li>Kate Gulliver, CFO, Wayfair</li>
<li>Richard Bourke, Bloomberg Intelligence Senior Analyst, Metals &amp; Mining on Copper Tops $14,000 as US Stockpiles Swell Before Tariff Call&nbsp;</li>
</ul>

SpaceX's Big AI Spending Puts Damper on First Earnings Since IPO

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/da222211-6d25-428a-93fc-b49c015cb58b/transcript

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

Joel Rieger, a former software sales executive, used AI to revive his automated options-trading program, which he had initially tried to build manually with limited success. Rieger's AI-assisted model has shown promising results, returning around 14% this year and outperforming the broader market, after initial losses due to incorrect volatility data and training mistakes. The use of AI in trading is seen as a democratizing force, allowing individual investors to access sophisticated algorithms and strategies previously reserved for hedge funds, but it also poses risks, such as amplifying losses and guiding investors into complex trades.

For more, Carol Massar and Tim Stenovec speak with Bernard Goyder, US Options Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
Joel Rieger, a former software sales executive, used AI to revive his automated options-trading program, which he had initially tried to build manually with limited success. Rieger's AI-assisted model has shown promising results, returning around 14% this year and outperforming the broader market, after initial losses due to incorrect volatility data and training mistakes. The use of AI in trading is seen as a democratizing force, allowing individual investors to access sophisticated algorithms and strategies previously reserved for hedge funds, but it also poses risks, such as amplifying losses and guiding investors into complex trades.
For more, Carol Massar and Tim Stenovec speak with Bernard Goyder, US Options Reporter

DIY Hedge Funds Unleash AI to Crack Wall Street’s Secret Code

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7548a5a9-d67c-494b-b000-b49b0174137f/transcript

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

President Donald Trump said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic. Iran denied it was negotiating with the US, but said talks with Oman to get more ships moving through the Strait of Hormuz are making progress. Despite the conflicting signals, the suggestions of renewed diplomacy pushed oil prices lower on Monday, with Brent crude down about 4.6% to just under $84 a barrel.

“I want to give them every last chance before decapitation,” Trump told reporters in the Oval Office. “You’ll find out today or tomorrow. I mean, they’re going to go quickly, one way or the other. It’s not very complex.”

It wasn’t clear what negotiations Trump was referring to or who was involved. He’s repeatedly cited diplomatic efforts when he backed off threats of military escalation only to see talks fail. US and Israeli strikes at the start of the war killed much of Iran’s senior leadership.

On this episode, Carol Massar and Tim Stenovec speak with:
Jeff Mason, Bloomberg News White House and Washington Correspondent
Torsten Slok, Chief Economist at Apollo Global Management
Lizzie Dove, US Gaming, Lodging and Leisure Research Analyst at Goldman Sachs recaps Hyatt, Marriott earnings, state of leisure sector amid summer travel
Ran Eliasaf, Founder & Managing Partner of Northwind Group on the state of Commercial Real Estate

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
President Donald Trump said his latest offer of talks is a &ldquo;last chance&rdquo; for Iran after he called off what he said was a major attack on the Islamic Republic. Iran denied it was negotiating with the US, but said talks with Oman to get more ships moving through the Strait of Hormuz are making progress. Despite the conflicting signals, the suggestions of renewed diplomacy pushed oil prices lower on Monday, with Brent crude down about 4.6% to just under $84 a barrel.
&ldquo;I want to give them every last chance before decapitation,&rdquo; Trump told reporters in the Oval Office. &ldquo;You&rsquo;ll find out today or tomorrow. I mean, they&rsquo;re going to go quickly, one way or the other. It&rsquo;s not very complex.&rdquo;
It wasn&rsquo;t clear what negotiations Trump was referring to or who was involved. He&rsquo;s repeatedly cited diplomatic efforts when he backed off threats of military escalation only to see talks fail. US and Israeli strikes at the start of the war killed much of Iran&rsquo;s senior leadership.
On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Jeff Mason, Bloomberg News White House and Washington Correspondent</li>
<li>Torsten Slok, Chief Economist at Apollo Global Management</li>
<li>Lizzie Dove, US Gaming, Lodging and Leisure Research Analyst at Goldman Sachs recaps Hyatt, Marriott earnings, state of leisure sector amid summer travel</li>
<li>Ran Eliasaf, Founder &amp; Managing Partner of Northwind Group on the state of Commercial Real Estate</li>
</ul>

Trump Says Talks Are Iran’s ‘Last Chance’ After Threats

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5d007e7f-1a92-4ec5-b360-b49b015b37d6/transcript

Bogg Bags Near $100 Million in Sales Thanks to America’s Moms

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