Bloomberg Talks

In an exclusive interview, Emmanuel Roman, PIMCO CEO, said the U.S. midterms are important to watch from a portfolio and market perspective. He cited prediction-market odds of a 60% to 65% chance that Democrats win both the House and Senate, while noting that the scale of any House gains and the outcomes of individual races could influence what policy changes follow. He spoke to Bloomberg's David Ingles and Yvonne Man from the sidelines of the Global Financial Leaders' Investment Summit in Hong Kong.
See omnystudio.com/listener for privacy information.

Wall Street’s top chiefs said that capital markets will continue to underwrite the global artificial intelligence infrastructure buildout, with Morgan Stanley projecting cumulative spending could reach $15 trillion over the next decade. Morgan Stanley Chief Executive Officer Ted Pick estimated that the largest technology hyperscalers could deploy between $800 billion and $1 trillion annually over a seven- to 12-year horizon. He spoke to Bloomberg's David Ingles and Yvonne Man from the sidelines of the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit.
See omnystudio.com/listener for privacy information.

Goldman Sachs Chief Executive Officer David Solomon says a technology supercycle will dominate capital markets and financing activity as deal demand remains robust. He spoke to Bloomberg's David Ingles and Yvonne Man from the sidelines of the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit.
See omnystudio.com/listener for privacy information.

Apple delivered a forecast for the holiday period that topped Wall Street estimates, even as it failed to impress investors who have bid up the shares in recent months. Revenue will rise 7% to 10% in the fiscal first quarter, which runs through December, Apple said during an earnings conference call Monday. Analysts had estimated 6.1% on average, according to data compiled by Bloomberg.
The shares slumped about 4% in late trading, a sign of the lofty expectations surrounding Apple. After a rally added roughly $1 trillion in market value to the company since late June, investors were betting on a blockbuster report.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with Bloomberg Intelligence senior tech analyst Anurag Rana and Bloomberg News managing editor for global consumer tech, Mark Gurman.
See omnystudio.com/listener for privacy information.

Apple posted September quarter revenue that narrowly topped analysts’ estimates, with revenue rising 12% to $114.5 billion. Sales growth decelerated from a 16% clip in the June quarter, and results from Apple’s iPad and wearables businesses were particularly weak, but the iPhone remained strong. Revenue from the iPhone grew 17% to $57.6 billion during the quarter, topping an average estimate of $56.5 billion, and services rose 9.8% to $31.6 billion, matching estimates.
Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech reacts after Apple releases Q3 earnings. He speaks with Bloomberg's Carol Massar and Tim Stenovec.
See omnystudio.com/listener for privacy information.