Breakingviews TV: Tesla charge
Posted on Friday April 20, 2018
China said it would scrap pesky foreign ownership limits on electric-car manufacturers this year. Pete Sweeney and Jeffrey Goldfarb discuss why Elon Musk's embattled $50 billion company might be the one to benefit most from the decision.
Breakingviews TV: New Cuba boss
Posted on Thursday April 19, 2018
Raul Castro, 86, has stepped down as president in a bid to prolong the Cuban revolution. The creaking economy will make that hard, but radical change is unlikely. Martin Langfield explains why new boss Miguel Diaz-Canel, 57, may at least initially be much like the old boss.
Breakingviews TV: Gorman glee
Posted on Wednesday April 18, 2018
Morgan Stanley’s first-quarter earnings topped expectations. Antony Currie and Richard Beales discuss whether improving performance under CEO James Gorman is sustainable, and how it compares with arch-rival Goldman Sachs.
Breakingviews TV: Maxing Marcus
Posted on Tuesday April 17, 2018
As a trading rebound lifted Goldman Sachs’s first-quarter earnings, Antony Currie and Tom Buerkle explain why its upstart fintech arm is generating buzz. Marcus, as the unit is called, is growing online lending at a 50 percent pace and making a string of acquisitions.
Breakingviews TV: In the bank
Posted on Monday April 16, 2018
Bank of America continued the run of solid bank results with nearly $7 bln of first-quarter earnings. Antony Currie and Tom Buerkle discuss how investors have already priced in gains from tax cuts and want to see stronger top-line growth before bidding up banks’ shares.
CEO's departure pushes WPP into uncharted waters
Posted on Monday April 16, 2018
WPP shares slid as investors digest the sudden departure of its founder, legendary ad man Martin Sorrell. He leaves, following an investigation into alleged misconduct, at a time of sweeping change in the advertising industry.
Breakingviews TV: Trump & trade
Posted on Friday April 13, 2018
The U.S. president may be warming to multilateralism, suggesting he’s open to joining the Trans-Pacific Partnership trade pact he once campaigned against. Pete Sweeney and Chris Beddor talk about whether this is a move toward cooling down or heating up the trade war with China.
Breakingviews TV: Brazil cleanup
Posted on Thursday April 12, 2018
April 12 - Former President Luiz Inacio Lula da Silva has gone to jail for corruption. Martin Langfield explains the implications for October’s presidential election and why an outsider candidate may win – and then struggle to get much done.
Breakingviews TV: Zuck poked
Posted on Wednesday April 11, 2018
Do the U.S. lawmakers grilling Facebook founder Mark Zuckerberg know what the company does? Some of their questions suggest not. But that might be a warning in itself. If Facebook is too complex for regular folk to understand, the company ought to worry, argues Rob Cyran.
Breakingviews TV: Valuing Ant
Posted on Tuesday April 10, 2018
Ant Financial, the Alibaba affiliate, may be worth up to $150 billion in private markets. John Foley and Richard Beales suggest ways to value the financial conglomerate that could get investors there – if they want to be persuaded.