Scotiabank's Derek Holt talks to Pimm Fox and Lisa Abramowicz about Canada's housing and economic outlook. Bloomberg's Jennifer Surane discusses the exit of Equifax CEO Richard Smith. Brendan Ahern, CIO of KraneShares, talks about Chinese markets and the impact of tighter housing curbs. Finally, Carlos Capistran, the head of Canada and Mexico economies at Bank of America Merrill Lynch, says a U.S. corporate tax cut poses a risk to those two countries.

Scotiabank's Derek Holt talks to Pimm Fox and Lisa Abramowicz about Canada's housing and economic outlook. Bloomberg's Jennifer Surane discusses the exit of Equifax CEO Richard Smith. Brendan Ahern, CIO of KraneShares, talks about Chinese markets and the impact of tighter housing curbs. Finally, Carlos Capistran, the head of Canada and Mexico economies at Bank of America Merrill Lynch, says a U.S. corporate tax cut poses a risk to those two countries.

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

Holt Expects Booming Job Market and Cooling Housing Market in Canada

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/16f603b5-baff-404e-94e1-ae3c00751669/transcript

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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

- Caroline Hyde, BTech Co-Anchor, discusses Apple holding exploratory discussions with Intel and Samsung Electronics about producing main processors for its devices in the US, as a secondary option beyond Taiwan Semiconductor Manufacturing Co.

-Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps earnings from Paramount-Skydance. Paramount Skydance reported first-quarter sales and earnings that beat analysts’ expectations as the company moves closer to acquiring Warner Bros. Discovery.

-Paul Gulberg, Bloomberg Intelligence Senior Equity Analyst, discusses Coinbase job cuts. Coinbase Global will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, with some teams consisting of just one person.

-Diksha Gera, Bloomberg Intelligence Global Fintech and Payments Analyst, discusses PayPal’s plans for job cuts. PayPal Holdings plans to cut around 20% of its workforce in the next two to three years to reduce costs and turn around the payments company. The company aims to realize at least $1.5 billion in savings over the next two to three years as part of its turnaround strategy under new Chief Executive Officer Enrique Lores.

 

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 - Caroline Hyde, BTech Co-Anchor, discusses Apple holding exploratory discussions with Intel and Samsung Electronics about producing main processors for its devices in the US, as a secondary option beyond Taiwan Semiconductor Manufacturing Co. -Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps earnings from Paramount-Skydance. Paramount Skydance reported first-quarter sales and earnings that beat analysts&rsquo; expectations as the company moves closer to acquiring Warner Bros. Discovery. -Paul Gulberg, Bloomberg Intelligence Senior Equity Analyst, discusses Coinbase job cuts. Coinbase Global will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, with some teams consisting of just one person. -Diksha Gera, Bloomberg Intelligence Global Fintech and Payments Analyst, discusses PayPal&rsquo;s plans for job cuts. PayPal Holdings plans to cut around 20% of its workforce in the next two to three years to reduce costs and turn around the payments company. The company aims to realize at least $1.5 billion in savings over the next two to three years as part of its turnaround strategy under new Chief Executive Officer Enrique Lores.
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Apple Weighs Using Intel, Samsung to Build Device Processors 

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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

-Lee Klaskow, Bloomberg Intelligence Senior Transport, Logistics and Shipping Analyst, discusses  US transportation stocks plunging Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers. 

-Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Tyson Foods earnings. Tyson Foods raised its full-year profit outlook as strong protein demand enables growth even as the struggling beef segment shows no signs of turning around.

-Brian Egger, Bloomberg Intelligence Senior Gaming and Lodging Analyst, discusses Norwegian Cruise Line cutting its full-year adjusted earnings outlook due to disruptions tied to the Middle East. Higher fuel prices and waning travel demand to Europe are adding to its weaker-than-expected bookings at the start of this year.

-Spencer Soper, Bloomberg Technology and E-Commerce Reporter, discusses GameStop trying to buy eBay for about $56 billion in cash and stock, a 20% premium to its Friday close. The gaming retail chain has offered $125 per share in cash and stock for the online marketplace and has secured an initial, non-binding “highly confident letter” from TD Bank to provide about $20 billion of debt financing for the deal.

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 -Lee Klaskow, Bloomberg Intelligence Senior Transport, Logistics and Shipping Analyst, discusses &nbsp;US transportation stocks plunging Monday after&nbsp;Amazon.com Inc.&nbsp;announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers.&nbsp; -Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples &amp; Packaged Food, discusses Tyson Foods earnings. Tyson Foods raised its full-year profit outlook as strong protein demand enables growth even as the struggling beef segment shows no signs of turning around. -Brian Egger, Bloomberg Intelligence Senior Gaming and Lodging Analyst, discusses Norwegian Cruise Line cutting its full-year adjusted earnings outlook due to disruptions tied to the Middle East. Higher fuel prices and waning travel demand to Europe are adding to its weaker-than-expected bookings at the start of this year. -Spencer Soper, Bloomberg Technology and E-Commerce Reporter, discusses GameStop trying to buy eBay for about $56 billion in cash and stock, a 20% premium to its Friday close. The gaming retail chain has offered $125 per share in cash and stock for the online marketplace and has secured an initial, non-binding &ldquo;highly confident letter&rdquo; from TD Bank to provide about $20 billion of debt financing for the deal.

Amazon Repackaging of Shipping Services Fuels UPS, FedEx Selloff 

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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

- Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses Spirit Aviation Holdings laying the groundwork to shutter its operations as it runs low on cash. Spirit, buffeted by the recent surge in fuel costs, had been in talks with the US government on a rescue financing, but those conversations hit an impasse in recent days, Bloomberg previously reported. 

-Gene Munster, Managing Partner at Deepwater Asset Management, discusses big tech earnings. Apple Inc. delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months.”

- Vincent Piazza, Bloomberg Intelligence Senior Equity Research Analyst, Oil & Gas, discusses Chevron and Exxon earnings. Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter due to higher oil and natural gas prices.

-Deborah Aitken, Bloomberg Intelligence Luxury Goods Analyst, discusses Estee Lauder earnings. Estée Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround plan.

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 - Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses Spirit Aviation Holdings laying the groundwork to shutter its operations as it runs low on cash. Spirit, buffeted by the recent surge in fuel costs, had been in talks with the US government on a rescue financing, but those conversations hit an&nbsp;impasse&nbsp;in recent days, Bloomberg previously reported.&nbsp; -Gene Munster, Managing Partner at Deepwater Asset Management, discusses big tech earnings. Apple Inc. delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for &ldquo;several months.&rdquo; - Vincent Piazza, Bloomberg Intelligence Senior Equity Research Analyst, Oil &amp; Gas, discusses Chevron and Exxon earnings. Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter due to higher oil and natural gas prices. -Deborah Aitken, Bloomberg Intelligence Luxury Goods Analyst, discusses Estee Lauder earnings. Est&eacute;e Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround plan.

Spirit Makes Plans to Shutter After Government Rescue Fizzles 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/514d7a87-ba2d-4cda-9c22-b43d0113ed67/transcript

Holt Expects Booming Job Market and Cooling Housing Market in Canada

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