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Blackstone President and COO Jon Gray says that the power of AI is being underestimated and that AI is creating new revenue streams while speaking with Bloomberg News' Dani Burger. The interview comes as Blackstone reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.See omnystudio.com/listener for privacy information.

Listen for instant reaction and analysis of megacap tech earnings from Alphabet and Tesla.Alphabet reported second-quarter cloud revenue that far surpassed Wall Street’s expectations and said the division’s backlog of contracted business ballooned to more than $500 billion, offering fresh evidence that the company’s massive AI investments are paying off. Meanwhile, Tesla missed Wall Street’s profit expectations even after a strong quarter of auto sales, a setback for the electric-vehicle maker as it looks to build out new lines of business in robotics, autonomy and AI.To break down all of this, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with: Ed Ludlow, Bloomberg Tech co-host Keith Naughton, Bloomberg News Auto Reporter Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research See omnystudio.com/listener for privacy information.

Wells Fargo Chief Executive Officer Charlie Scharf says he's "big time bullish on the US." He talks about the state of the US consumer, the economy, earnings and where his employees want to live and work. He speaks exclusively to Bloomberg's Romaine Bostick.See omnystudio.com/listener for privacy information.

AT&T Chairman & CEO John Stankey says he believes the company's valuation will "ultimately correct itself" and that AT&T is positioned to be indispensable for future workloads in the AI environment, while speaking with Bloomberg News' Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern on Bloomberg Surveillance. He also spoke about satellite and Starlink during the interview, saying SpaceX has served less densely populated areas.See omnystudio.com/listener for privacy information.

Senator Mark Warner (D-VA) says Congress must move quickly to establish safeguards for artificial intelligence, warning that the technology could severely disrupt employment for recent college graduates. Warner also says he currently opposes the administration's supplemental funding request for the war with Iran and explains why he voted against Jay Clayton's nomination for director of national intelligence. He speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power."See omnystudio.com/listener for privacy information.

Republican Senator Rick Scott of Florida says preventing Iran from obtaining a nuclear weapon will likely require "a lot more bombing" and argues that "nothing should be off the table" when asked about the possibility of the US occupying Iran's Kharg Island. Sen. Scott says a sanctions bill targeting buyers of Russian energy will pass before the August recess. He also calls for eliminating the legislative filibuster. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.

Senator Rand Paul, a Republican from Kentucky, says the biggest threat to the country is debt. Defense Secretary Pete Hegseth asked Congress on Tuesday for an additional $67 billion to help fund the war in Iran. Paul calls that "fiscally irresponsible." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.See omnystudio.com/listener for privacy information.

Charles Schwab President and CEO Rick Wurster says the firm is seeing smaller, more incremental trades while speaking to BTV's Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. Wurster also says that AI is helping people get more comfortable researching stocks. See omnystudio.com/listener for privacy information.

Bermuda Premier David Burt says that the island's on-chain economy initiative is aimed at making regulated digital assets more accessible. Speaking to Scarlet Fu and Tim Stenovec on Bloomberg Crypto, Burt says that Bermuda's regulatory framework gives financial companies the clarity to innovate and serve customers globally while integrating blockchain tools into their businesses.See omnystudio.com/listener for privacy information.

Novo Nordisk Group General Counsel & Senior Vice President John Kuckelman speaks with Bloomberg's Dani Burger and Isabelle Lee after the company on Tuesday accused rival Eli Lilly of misleading advertising. Novo says that Lilly’s advertising campaigns rely on outdated weight-loss comparisons with lower doses of Novo’s own obesity shot Wegovy than what’s currently available, according to the complaint.See omnystudio.com/listener for privacy information.