On Wall Street, being Black often means being alone, held back and deprived of the best opportunities. This special podcast from Bloomberg Radio tells the stories of Black men and women, in their own words.




Host: Sonali Basak

Producer: Colin Tipton

On Wall Street, being Black often means being alone, held back and deprived of the best opportunities. This special podcast from Bloomberg Radio tells the stories of Black men and women, in their own words. Host: Sonali BasakProducer: Colin Tipton

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: 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

Being Black on Wall Street: A Bloomberg Radio Special

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4646d39f-49eb-49af-8d71-ae3c003cb525/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, discusses Home Depot earnings. Sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below analysts' estimates. Home Depot's business has been hit by elevated interest rates and high housing prices, leading Americans to take on smaller projects instead of extensive remodels.

-Caroline Hyde, BTech Co-Anchor, discusses top tech stories. Meta Platforms is reassigning workers to new jobs related to artificial intelligence as part of a broad corporate restructuring. Alphabet's Google agreed to create an artificial intelligence cloud business with Blackstone Inc.

-Riley Griffin, Bloomberg Tech Reporter, discusses the Bloomberg Big Take story: “Meta’s $200 Billion Data Center Rises From the Bayou.” Meta’s $50 billion "Project Sucre" data center is rapidly transforming Richland Parish, Louisiana—one of the nation's poorest regions—into a massive construction hub the size of Manhattan. 

-Brendan Greeley, Author of  "The Almighty Dollar: 500 Years of the World's Most Powerful Money" and contributing editor at the Financial Times, discusses his new book. In THE ALMIGHTY DOLLAR, Financial Times journalist and Princeton financial historian Brendan Greeley argues that the dollar is not fundamentally a U.S. creation or a state-controlled currency.

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 -Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, discusses Home Depot earnings. Sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below analysts' estimates. Home Depot's business has been hit by elevated interest rates and high housing prices, leading Americans to take on smaller projects instead of extensive remodels. -Caroline Hyde, BTech Co-Anchor, discusses top tech stories. Meta Platforms is reassigning workers to new jobs related to artificial intelligence as part of a broad corporate restructuring. Alphabet's Google agreed to create an artificial intelligence cloud business with Blackstone Inc. -Riley Griffin, Bloomberg Tech Reporter, discusses the Bloomberg Big Take story: &ldquo;Meta&rsquo;s $200 Billion Data Center Rises From the Bayou.&rdquo; Meta&rsquo;s $50 billion "Project Sucre" data center is rapidly transforming Richland Parish, Louisiana&mdash;one of the nation's poorest regions&mdash;into a massive construction hub the size of Manhattan. -Brendan Greeley, Author of&nbsp; "The Almighty Dollar: 500 Years of the World's Most Powerful Money" and contributing editor at the Financial Times, discusses his new book. In THE ALMIGHTY DOLLAR, Financial Times journalist and Princeton financial historian Brendan Greeley argues that the dollar is not fundamentally a U.S. creation or a state-controlled currency.

Home Depot’s Sales Fall Short on Lackluster Housing Recovery  

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0661f6e2-70f4-46b5-85d2-b44f0118ca6d/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Emily Forgash, Bloomberg Energy Reporter, discusses NextEra Energy agreeing to pay about $67 billion in stock for Dominion Energy in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia.

-Matthew Palazola, Bloomberg Intelligence, Senior Analyst, P&C Insurance, discusses 13F filings. According to Bloomberg Intelligence: Berkshire Hathaway's first 13F under CEO Greg Abel suggest more willingness to commit to tech stocks than under Warren Buffett, with the purchase of roughly $12.5 billion in Alphabet stock. This is likely to add volatility but add exposure to potential gains from AI and other emerging technologies. 

-Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, discusses a recent survey from Bloomberg Intelligence on the transition to Kevin Warsh as Fed Chair. According to BI: A significant majority of market participants expect the Treasury yield curve to steepen as Kevin Warsh takes the helm of the Fed. This appears to be the result of a similar share seeing Warsh as relatively dovish compared with his predecessor, Jerome Powell, though not an outright dove. Respondents see scope for eventual shifts in the Fed's policy framework, yet assign low odds to a $1 trillion-plus balance-sheet reduction.

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 -Emily Forgash, Bloomberg Energy Reporter, discusses NextEra Energy agreeing to pay about $67 billion in stock for Dominion Energy in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia. -Matthew Palazola, Bloomberg Intelligence, Senior Analyst, P&amp;C Insurance, discusses 13F filings. According to Bloomberg Intelligence: Berkshire Hathaway's first 13F under CEO Greg Abel suggest more willingness to commit to tech stocks than under Warren Buffett, with the purchase of roughly $12.5 billion in Alphabet stock. This is likely to add volatility but add exposure to potential gains from AI and other emerging technologies. -Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, discusses a recent survey from Bloomberg Intelligence on the transition to Kevin Warsh as Fed Chair. According to BI: A significant majority of market participants expect the Treasury yield curve to steepen as Kevin Warsh takes the helm of the Fed. This appears to be the result of a similar share seeing Warsh as relatively dovish compared with his predecessor, Jerome Powell, though not an outright dove. Respondents see scope for eventual shifts in the Fed's policy framework, yet assign low odds to a $1 trillion-plus balance-sheet reduction.

NextEra to Buy Dominion for $67 Billion to Create U.S Power Giant

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ee0e4994-3a7d-45e2-91b7-b44e011176a1/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

- Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses Cerebras Systems shares jumping 68% in its trading debut after raising $5.5 billion in the year’s largest IPO. This illustrates investors’ surging appetite for artificial intelligence data centers and the chips running them.

-- Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses tech. Figma gave an outlook for revenue in the current period that topped analysts’ estimates, touting early traction from charging users directly for AI features. Apple's partnership with OpenAI has become strained, with OpenAI preparing possible legal action due to the AI startup not seeing the expected benefits from the deal.

-Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses Boeing appearing to have secured an order from China during US President Donald Trump's visit to the country, but details on numbers, aircraft type, and timing are unclear.

- Randall Williams, Bloomberg Business of Sports Reporter, discusses the top business sports stories. Sheldon Adelson’s son-in-law, Patrick Dumont, has big plans for the Dallas Mavericks and the city. Also, a group led by Silver Lake executive Egon Durban is acquiring 25% of the Las Vegas Raiders, according to people familiar with the matter.

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 - Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses&nbsp;Cerebras Systems shares jumping 68% in its trading debut after raising $5.5 billion in the year&rsquo;s largest IPO. This illustrates investors&rsquo; surging appetite for artificial intelligence data centers and the chips running them. -- Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses tech. Figma gave an outlook for revenue in the current period that topped analysts&rsquo; estimates, touting early traction from charging users directly for AI features. Apple's partnership with OpenAI has become strained, with OpenAI preparing possible legal action due to the AI startup not seeing the expected benefits from the deal. -Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses Boeing appearing to have secured an order from China during US President Donald Trump's visit to the country, but details on numbers, aircraft type, and timing are unclear. - Randall Williams, Bloomberg Business of Sports Reporter, discusses the top business sports stories. Sheldon Adelson&rsquo;s son-in-law, Patrick Dumont, has big plans for the Dallas Mavericks and the city. Also, a group led by Silver Lake executive Egon Durban is acquiring 25% of the Las Vegas Raiders, according to people familiar with the matter.

AI Chipmaker Cerebras Climbs 68% After Year’s Biggest IPO 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1ee0bb4a-3553-4dcc-966b-b44b01136681/transcript

Being Black on Wall Street: A Bloomberg Radio Special

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