Stocks At All-Time Highs, Powell Probe Reversal | Bloomberg Businessweek Daily 4/24/2026

Watch on YouTube ↗  |  April 24, 2026 at 22:32  |  48:57  |  Bloomberg Markets
Speakers
Tim Stenovec — Anchor/Co-Host, Bloomberg TV & Radio
Carol Massar — Anchor, Bloomberg

Summary

The episode covers market gains driven by Intel's strong earnings and optimism over US-Iran talks, the DOJ dropping the Powell probe clearing a path for Kevin Warsh, and interviews with Grindr's CEO and a profile of Rep. Thomas Massie. Intel surges 21% while Charter Communications plunges on weak results. The outlook remains tied to inflation, oil prices, and diplomatic progress in the Middle East.

  • Intel reported a massive earnings beat and raised guidance, sending shares up 21% and pulling semis higher.
  • Charter Communications dropped 25% after disappointing broadband revenue, highlighting wireless disruption risks.
  • The DOJ ended its criminal probe into Fed renovations, potentially smoothing Kevin Warsh's confirmation as Fed chair.
  • US-Iran talks remain stalled; envoys head to Pakistan but no direct meetings scheduled.
  • Gold and oil prices saw mixed moves, with gold still near highs and crude volatile.
  • Grindr CEO discussed political engagement and hosting a White House Correspondents' Dinner party.
  • Rep. Thomas Massie faces a primary challenge from a Trump-backed Navy SEAL, testing Trump's political strength.
  • Stocks were on track for a fourth straight weekly gain, with the S&P 500 near record highs.
Trade Ideas
Tim Stenovec Anchor/Co-Host, Bloomberg TV & Radio 45:11
Intel execution strong despite foundry losses
Intel's strong earnings beat and forecast, combined with investors focusing on execution improvement and government funding support despite ongoing foundry losses, make it a buy.
Tim Stenovec Anchor/Co-Host, Bloomberg TV & Radio 46:20
Charter threatened by wireless internet disruption
Charter Communications faces a structural threat from wireless internet delivery (e.g., Starlink) that undermines its broadband growth business, making it unattractive.
Up Next

This Bloomberg Markets video, published April 24, 2026, features Tim Stenovec discussing INTC, CHTR. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Tim Stenovec  · Tickers: INTC, CHTR