Bloomberg Intelligence Senior US Regional Banks Analyst, Herman Chan discusses the congressional bank hearings with Bloomberg Market's host Paul Sweeney. 

Bloomberg Intelligence Senior US Regional Banks Analyst, Herman Chan discusses the congressional bank hearings with Bloomberg Market's host Paul Sweeney.

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Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: http://bit.ly/3vTiACF.

Listen for investment news and in-depth company research. Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze markets, companies and industries.

Bloomberg Intelligence

Banking Sector Regulatory Overhaul

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Tesla beat Wall Street’s profit expectations to start the year as the automaker said demand for its electric vehicles is rebounding around the globe, hinting at a possible recovery for its long-struggling automotive business.

Adjusted earnings rose to 41 cents a share in the first quarter, the company said Wednesday in a statement, higher than the 34-cent average of analyst estimates compiled by Bloomberg. It’s the second straight quarter Tesla’s earnings have exceeded expectations.

Tesla said it “saw continued growth in demand for our vehicles” in parts of Asia-Pacific and South America, along with a rebound in North America and the Europe-Middle East region. The surprisingly optimistic comments come several weeks after the automaker reported one of its worst quarters of auto sales in years. 

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Analyst
Ed Ludlow, Bloomberg Tech co-host
Ross Gerber, President and CEO at Gerber Kawasaki 

Tesla beat Wall Street&rsquo;s profit expectations to start the year as the automaker said demand for its electric vehicles is rebounding around the globe, hinting at a possible recovery for its long-struggling automotive business.
Adjusted earnings rose to 41 cents a share in the first quarter, the company said Wednesday in a statement, higher than the 34-cent average of analyst estimates compiled by Bloomberg. It&rsquo;s the second straight quarter Tesla&rsquo;s earnings have exceeded expectations.
Tesla said it &ldquo;saw continued growth in demand for our vehicles&rdquo; in parts of Asia-Pacific and South America, along with a rebound in North America and the Europe-Middle East region. The surprisingly optimistic comments come several weeks after the automaker reported one of its worst quarters of auto sales in years.&nbsp;
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
<ul>
<li>Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Analyst</li>
<li>Ed Ludlow, Bloomberg Tech co-host</li>
<li>Ross Gerber, President and CEO at Gerber Kawasaki&nbsp;</li>
</ul>

Instant Reaction: Tesla Beats Estimates, Hints at EV Demand Rebound

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Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu
- George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst discusses the Trump administration looking at a rescue package for Spirit Airlines that could give the US government the option to own as much as 90% of the carrier once it emerges from bankruptcy.
- Ed Ludlow, Btech Co-Host joins to discuss how a small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, which the company says can enable dangerous cyberattacks.
- John Butler, Bloomberg Intelligence Senior Telecom Analyst discusses how Deutsche Telekom is discussing a potential combination with its American arm T-Mobile to create the world’s biggest phone company. He also discussed AT&T mixed first-quarter earnings report. 
- Ken Shea, Bloomberg Intelligence Senior Consumer Products Analyst joins to discuss Philip Morris earnings. Philip Morris' profit rose more than expected in the first quarter on sales of smoke-free products including heated tobacco and nicotine pouches.

Watch Paul and Scarlet LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu - George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, &amp; Airlines Analyst discusses the Trump administration looking at a rescue package for Spirit Airlines that could give the US government the option to own as much as 90% of the carrier once it emerges from bankruptcy. - Ed Ludlow, Btech Co-Host joins to discuss how a small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, which the company says can enable dangerous cyberattacks. - John Butler, Bloomberg Intelligence Senior Telecom Analyst discusses how Deutsche Telekom is discussing a potential combination with its American arm T-Mobile to create the world&rsquo;s biggest phone company. He also discussed AT&amp;T mixed first-quarter earnings report. - Ken Shea, Bloomberg Intelligence Senior Consumer Products Analyst joins to discuss Philip Morris earnings. Philip Morris' profit rose more than expected in the first quarter on sales of smoke-free products including heated tobacco and nicotine pouches.

Trump Admin Looks to Save Spirit Airlines

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Apple named hardware chief John Ternus as the iPhone maker’s next leader, with Chief Executive Officer Tim Cook shifting to the role of executive chairman.

Ternus, 50, will become CEO on Sept. 1, the company said in a statement Monday. The Apple veteran was head of hardware engineering since 2021 and has spent 25 years focused on product development at the iPhone maker. Bloomberg News previously reported that Ternus was Cook’s heir apparent.

Ternus’s hardware engineering division will be taken over by longtime deputy Tom Marieb, according to a person with knowledge of the matter. He will report to newly named Chief Hardware Officer Johny Srouji. In that role, Srouji is gaining oversight of a newly combined hardware engineering and hardware technologies group.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Bloomberg News Senior Executive Editor for Global Technology Tom Giles
Bloomberg Intelligence Global Tech Research Head Mandeep Singh

Apple named hardware chief John Ternus as the iPhone maker&rsquo;s next leader, with Chief Executive Officer Tim Cook shifting to the role of executive chairman. Ternus, 50, will become CEO on Sept. 1, the company said in a statement Monday. The Apple veteran was head of hardware engineering since 2021 and has spent 25 years focused on product development at the iPhone maker. Bloomberg News previously reported that Ternus was Cook&rsquo;s heir apparent. Ternus&rsquo;s hardware engineering division will be taken over by longtime deputy Tom Marieb, according to a person with knowledge of the matter. He will report to newly named Chief Hardware Officer Johny Srouji. In that role, Srouji is gaining oversight of a newly combined hardware engineering and hardware technologies group. For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
<ul>
<li>Bloomberg News Senior Executive Editor for Global Technology Tom Giles</li>
<li>Bloomberg Intelligence Global Tech Research Head Mandeep Singh</li>
</ul>

Instant Reaction: Apple Names John Ternus Next CEO, Tim Cook Becomes Chairman

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Banking Sector Regulatory Overhaul

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