Perplexity, an AI search startup challenging Google, is now valued at $1 billion. It doubled in 3 months. 👀 bloomberg.com/news/articles/… via Bloomberg Technology

Our Big Take today: Gucci has a desirability challenge. Angelina Rascouët and Tara Patel looked at the discount racks. bloomberg.com/news/features/… via Bloomberg Wealth

Welcome!

All of this happened in China this week. A thread 🧵1/10

Welcome, Amara!

All of this happened in China this week. A thread 🧵1/10

BOOM: We now have a Money Stuff podcast. With Matt Levine, of course, and Katie Greifeld. It all starts tomorrow, but the trailer is out. bloomberg.com/opinion/articl… via Bloomberg Opinion

Yay, us.

Breaking. bloomberg.com/news/articles/… via Bloomberg Economics

The data, visualized: An elegant look at the growing number of chairs. bloomberg.com/graphics/2024-… via @bbgvisualdata

Our Big Take today: Hertz is a prime example of what happens when there's a small delta between reality and the Powerpoint deck. By Erik Schatzker and @DavidWelchBN. bloomberg.com/news/features/… via Businessweek

Our Businessweek cover this week: How Bluey became a $2 billion smash hit — with an uncertain future. By devin leonard. bloomberg.com/news/features/… via Businessweek

Welcome, Dana!

Not pretty: Bloomberg Economics ran a million forecast simulations about US debt, and results for 88% of them show borrowing on an unsustainable path. bloomberg.com/news/articles/… via Bloomberg Economics

Genius or phony? An emerging markets stock picker is annoying his rivals by loading up his fund with high-flying US tech stocks like Nvidia. Ye Xie and Carolina Wilson report. bloomberg.com/news/articles/… via Bloomberg Markets

***SPECIAL ODD LOTS***

Tracy Alloway and I talk with Sal Mercogliano (WGOW Shipping) 🚢⚓🐪🚒🏴‍☠️ about the disaster in Baltimore.

-How it happened
- What the effects will be on fright
- What the next steps that regulators will be taking
- Who will bear the cost
++

bloomberg.com/news/articles/…

This is what’s nice about having done so many freight episodes. Having the bridge crash guy on speed dial (or actually twitter DM)

NEW: Both Donald Trump and Joe Biden promise a return to America’s industrial glory days.

Bloomberg Politics went to a rare swing county in Pennsylvania with deep manufacturing ties, and asked voters how they feel about Bidenomics.

Here’s what we found: tinyurl.com/3jchv4wv

All of this happened in China this week. A thread 🧵1/10