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Bloomberg News Now

US Inflation Accelerates as Prices Climb, Dimon on Markets, More

12 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.672 - 5.121 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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5.622 - 10.011 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

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10.391 - 15.001 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

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15.422 - 21.634 Caroline Hepke

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

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21.698 - 27.166 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

27.206 - 32.633 Caroline Hepke

And from London, I'm looking at what all that means for markets, money and the wider economy.

33.154 - 37.48 Stephen Carroll

We've got reporters across Europe and around the globe feeding in as stories break.

37.941 - 42.587 Caroline Hepke

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

43.028 - 45.03 Stephen Carroll

It's smart, calm and to the point.

Chapter 2: What recent trends are affecting U.S. inflation rates?

314.388 - 328.694 Monica Ricks

The rejection now sets the stage for a potential proxy fight to replace eBay's board with one favorable to a deal. Under Armour's stock is taking a beating today, with shares falling 18 percent after posting a slight decline in revenue and a weak sales forecast.

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328.955 - 349.638 Monica Ricks

That guidance shows that Under Armour's turnaround is still a work in progress as it continues navigating impacts of tariffs and its split from Steph Curry. Shares of HIMS and HERS also down 13% today. The company reporting a first quarter loss after facing higher costs from pivoting to branded weight loss medications, including those from Eli Lilly and Novo Nordisk.

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349.658 - 351.803 Monica Ricks

We get more on that from Bloomberg's Jerry Smith.

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352.004 - 356.434 Jerry Smith

There is a scenario where this is, you know, short-term pain for HIMS.

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Chapter 3: How are rising gas and grocery prices impacting consumers?

356.414 - 377.359 Jerry Smith

for a longer term gain. We've seen recently the approval of weight loss pills, which a lot of analysts think is the next frontier for weight loss drugs and is gonna be a huge market. So HIMSS being a part of that as a telehealth company selling these, it could be a large area of growth going forward for them.

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377.339 - 391.08 Monica Ricks

That's Bloomberg's Jerry Smith on Bloomberg Open Interest. The results come as the company moves away from copycat versions of weight loss drugs, which drew a lot of scrutiny from pharmaceutical companies and U.S. regulators. And a new feature is coming to Spotify.

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391.22 - 412.334 Monica Ricks

The music streaming giant celebrating its 20th anniversary by launching a fan experience, looking back on listening habits throughout the years. kind of like a personal music time capsule. It's called Spotify 20, your party of the year, and it allows users to unlock a variety of features that highlight their experiences since joining. And that's news when you want it with Bloomberg News Now.

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412.754 - 415.058 Monica Ricks

I'm Monica Ricks, and this is Bloomberg.

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419.003 - 436.014 Unknown

On April 4th, 2023, around 2 in the morning, a man was found stabbed multiple times on a sidewalk in downtown San Francisco. What happened next turned the story into a political firestorm.

436.194 - 440.522 Mike McKee

Reports have identified the victim as Bob Lee, the founder of Cash App.

440.502 - 447.75 Unknown

From Bloomberg Podcasts, this is Foundering, the killing of Bob Lee. Listen now, wherever you get your podcasts.

448.31 - 467.252 Francine Lacroix

I'm Francine Lacroix, an award-winning journalist, and I've got a new podcast, Leaders with Francine Lacroix from Bloomberg Podcasts. I've interviewed everyone from heads of state to fashion icons about the news of the moment. But I've always been curious, who are these people as leaders? I don't think there's one right way to be a leader.

467.493 - 471.781 Monica Ricks

Make decisions. A poor decision is always better than no decision.

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