Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company. Three of Paramount’s most senior executives — film and kids programming chief Brian Robbins, Showtime/MTV head Chris McCarthy and George Cheeks, who leads CBS — will run the company, according to a statement released Monday.

Bloomberg TV and Radio hosts Romaine Bostick, Scarlet Fu, Tim Stenovec and Emily Graffeo discuss the news. Then, Tim and Emily speak with Bloomberg News Entertainment Editor Chris Palmeri for analysis and reaction.  

Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company. Three of Paramount’s most senior executives — film and kids programming chief Brian Robbins, Showtime/MTV head Chris McCarthy and George Cheeks, who leads CBS — will run the company, according to a statement released Monday.
Bloomberg TV and Radio hosts Romaine Bostick, Scarlet Fu, Tim Stenovec and Emily Graffeo discuss the news. Then, Tim and Emily speak with Bloomberg News Entertainment Editor Chris Palmeri for analysis and reaction.

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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>.

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Instant Reaction: Paramount CEO Bob Bakish Is Out

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

Market news and in-depth company research.

Bloomberg Intelligence hosted by Alexis Christoforous and Isabelle Lee

- Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Adobe earnings. Adobe Chief Executive Officer Shantanu Narayen will resign from his position atop the creative software giant amid deep skepticism about the company’s ability to thrive in the AI era.

-Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, recaps Lennar earnings. Lennar forecasted home orders for the fiscal second quarter that fell short of analyst estimates, signaling that pain from declining home builder sentiment, high prices and economic uncertainty is far from over.

-Geoff Freeman, CEO of the U.S. Travel Association, discusses the economic impact of TSA disruptions on the broader travel industry and U.S. economy. Several major airports are seeing long security lines and delays. These disruptions show how quickly operational challenges at checkpoints can ripple across the aviation system, affecting flights, connections, and airport operations nationwide.

Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Market news and in-depth company research. Bloomberg Intelligence hosted by Alexis Christoforous and Isabelle Lee - Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Adobe earnings. Adobe Chief Executive Officer&nbsp;Shantanu Narayen&nbsp;will resign from his position atop the creative software giant amid deep skepticism about the company&rsquo;s ability to thrive in the AI era. -Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, recaps Lennar earnings. Lennar forecasted home orders for the fiscal second quarter that fell short of analyst estimates, signaling that pain from declining home builder sentiment, high prices and economic uncertainty is far from over. -Geoff Freeman, CEO of the U.S. Travel Association, discusses the economic impact of TSA disruptions on the broader travel industry and U.S. economy. Several major airports are seeing long security lines and delays. These disruptions show how quickly operational challenges at checkpoints can ripple across the aviation system, affecting flights, connections, and airport operations nationwide.

Adobe CEO to Step Down in Face of Investor Concerns Over AI 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c56f0ff5-2f5e-43a3-8357-b40c01117e83/transcript

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

Market news and in-depth company research.

Bloomberg Intelligence hosted by Alexis Christoforous and Alexandra Semenova

-Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses earnings from Dick's Sporting Goods. Dick’s Sporting Goods Inc. forecast full-year sales growth across its namesake stores and the Foot Locker chain, a sign that the company’s efforts to turn around its new acquisition are making progress.

-Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Dollar General earnings. Dollar General forecast sales in-line with analyst estimates, slowing momentum for a company that had routinely been exceeding Wall Street expectations.  

-Bailey Lipschultz, Bloomberg News Senior Equities Reporter, on Bloomberg Big Take story: "SpaceX IPO Lures Investors Into Murky Private Deals.” 
Financial elites are seeking access to special purpose vehicles to invest in private shares of companies like SpaceX and OpenAI, which could lead to significant returns if the companies go public.

 

Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Market news and in-depth company research. Bloomberg Intelligence hosted by Alexis Christoforous and Alexandra Semenova -Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses earnings from Dick's Sporting Goods. Dick&rsquo;s Sporting Goods Inc.&nbsp;forecast full-year sales growth across its namesake stores and the Foot Locker chain, a sign that the company&rsquo;s efforts to turn around its new acquisition are making progress. -Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples &amp; Packaged Food, discusses Dollar General earnings. Dollar General forecast sales in-line with analyst estimates, slowing momentum for a company that had routinely been exceeding Wall Street expectations.&nbsp; -Bailey Lipschultz, Bloomberg News Senior Equities Reporter, on Bloomberg Big Take story: "SpaceX IPO Lures Investors Into Murky Private Deals.&rdquo; Financial elites are seeking access to special purpose vehicles to invest in private shares of companies like SpaceX and OpenAI, which could lead to significant returns if the companies go public.
&nbsp;

Dick’s Projects Sales Growth at Namesake Stores, Foot Locker 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/18ff3875-1f6b-45b0-a217-b40b01186048/transcript

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

Market news and in-depth company research.

Bloomberg Intelligence hosted by Scarlet Fu, Tom Keene, and Matt Miller

-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses news that Nvidia will invest $2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data centers.

-Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Oracle shares soaring on Wednesday after the company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.

-Herman Chan, Senior Analyst, US Banks for Bloomberg Intelligence, discusses  JPMorgan Chase restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry.

-Diana Rosero Pena, Bloomberg Intelligence Consumer Staples Analyst, discusses earnings from Campbell’s. Campbell’s cut its profit outlook to the lowest in a decade as consumers eschew chips and pretzels while supply constraints are weighing on sales of freshly baked goods. 

Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Market news and in-depth company research. Bloomberg Intelligence hosted by Scarlet Fu, Tom Keene, and Matt Miller -Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses news that Nvidia will invest $2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data centers. -Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Oracle shares soaring on Wednesday after the company reported strong sales and issued an outlook that suggests little letup in demand for AI computing. -Herman Chan, Senior Analyst, US Banks for Bloomberg Intelligence, discusses &nbsp;JPMorgan Chase restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry. -Diana Rosero Pena, Bloomberg Intelligence Consumer Staples Analyst, discusses earnings from Campbell&rsquo;s. Campbell&rsquo;s cut its profit outlook to the lowest in a decade as consumers eschew chips and pretzels while supply constraints are weighing on sales of freshly baked goods.&nbsp;

Nvidia Invests $2 Billion in Nebius for New Data Center Deal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f0a99cf8-0881-4129-979a-b40a011152e0/transcript

Instant Reaction: Paramount CEO Bob Bakish Is Out

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