Banks Rally, Tesla Slips | Bloomberg: The Close 10/11/2024

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Bloomberg News Journalist Emily Graffeo, Mike Santomassimo, Wells Fargo CFO, Macrae Sykes, Gabelli Funds Portfolio Manager, Joanne Hsu, University of Michigan Director: Surveys of Consumers, Jonathan Caplis, Pivotal Path CEO, Dana D’Auria, Envestnet Co-CIO, Daphne Pariser, Heron-AI CEO, Chad Mumm, Pro Shop Holdings Founder & President and Netflix’s ‘Full Swing’ Executive Producer, Ben Lewis, Little Spoon Co-Founder and CEO, Angela Vranich, Little Spoon Co-Founder & CPO, Jason "Jadakiss" Phillips, Kiss Cafe Coffee Founder and Brand Ambassador, and Robert Phillips, Kiss Café Coffee Founder, Commander, & Coffee Maestro.

Chapters:
00:00:01 – The Close Starts Now
00:03:57 – Blackrock Hits $11.5 Trillion in Assets
00:06:46 – Surge in Investment-Banking Fees Offsets Dip In Lender Revenue: Mike Santomassimo, Wells Fargo CFO
00:15:07 – JP Morgan is the Best Bank in the World: David Bahnsen, The Bahnsen Group CIO
00:20:37 – Top Calls: JPM, Wells Fargo, BNY Kick Off Bank Earnings
00:25:46 – Consumers Have Noticed Inflation has Slowed: Joanne Hsu
00:28:52 – Assessing the Election’s Impact on the Market, Jonathan Caplis, Pivotal Path CEO
00:34:19 – Stock of the Hour: Tesla’s Cybercab Greeted with Skepticism
00:38:59 – Expect October to be Volatile: Dana D’Auria, Envestnet Co-CIO
00:45:50 – Closing Bell
00:59:09 – HeronAI Awarded $1M After Competition Win; Daphne Pariser, CEO
01:05:25 – PGA Tour Backs Golf Media Venture; Chad Mumm
01:11:25 – On This Day: The First In-Flight Meal is Served
01:14:59 – Little Spoon Baby Food Commits to EU Testing Standards
01:22:19 – Jadakiss’ Kiss Café Coffee is Grounded in Family History
01:30:47 – What to Watch: Fed Speak, Earnings, MBA Mortgage Applications
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