Bloomberg Daybreak

Bankers in Hong Kong skipped the summer break as an artificial intelligence-fueled rush for capital sent share sales to a record, defying a bruising selloff in the city’s stocks.

The US and Mexico have jointly deployed military personnel in a border area in Texas as part of “mirror operations,” the Mexican government said Saturday.

President Luiz Inácio Lula da Silva and right-wing challenger Flávio Bolsonaro remain locked in a tight race as Brazil prepares to vote in Sunday’s election, according to three new polls.

Borrowing is getting harder for companies.

The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by The Atlantic Staff Writer Vivian Salama, “The Profiler” Online Job Scam Hunter Jay Jones, UMich Professor of Public Policy and Economics Justin Wolfers and Fmr. Deputy Assistant Secretary of Defense for the Middle East and The Washington Institute Research Director for Near East Policy Dana Stroul. (Source: Bloomberg)

Bloomberg Pursuits reporter Sarah Rappaport tells Bloomberg This Weekend that luxury travelers are increasingly seeking tiny hotels with as few as one to six rooms, combining the privacy of a villa with personalized high-end hotel service. Speaking with hosts David Gura and Christina Ruffini, Rappaport says the trend is spreading across Europe and the US as travelers seek exclusivity, fewer crowds and unusual experiences in restaurants, museums and historic properties. (Source: Bloomberg)

Pointed offers a strategic twist to the news quiz format, testing not just players’ knowledge of the news but also their confidence in their answers. Join Bloomberg's Lisa Mateo, Christina Ruffini and David Gura as they play and check out the quiz for yourself at Bloomberg.com (Source: Bloomberg)

People starting to speak like AI chatbots, AI anxiety spilling into therapists' offices, NYC's AI office boom a bust for young job hunters and Tinder rolls out group dating for younger users. Join Lisa Mateo, David Gura and Christina Ruffini for a roundup of headlines you may have missed, but gotta see. (Source: Bloomberg)

Washington Institute research director Dana Stroul tells Bloomberg This Weekend that the US military buildup in the Middle East, including a third aircraft carrier, is expanding President Donald Trump’s options as diplomacy with Iran remains stalled and Washington weighs its approach to the Houthis in Yemen. Speaking with hosts David Gura and Christina Ruffini, Stroul says US economic sanctions and the naval blockade are putting significant pressure on Iran but have not yet produced major concessions on the Strait of Hormuz, Tehran’s nuclear program or its regional activities. (Source: Bloomberg)

Fraud investigator Jay Jones, known online as “The Profiler,” tells Bloomberg This Weekend that AI is helping scammers create increasingly convincing fake recruiters and job listings that can lead victims to surrender money and sensitive personal information. Speaking with hosts David Gura and Christina Ruffini, Jones says he has helped remove more than 58,000 fraudulent job listings and advises applicants to verify company websites, domain histories and where application links lead before sharing personal information. (Source: Bloomberg)

Atlantic Staff Writer Vivian Salama tells Bloomberg This Weekend that Egypt’s then-intelligence chief Abbas Kamel made an unusual 67-minute trip to Israel less than two weeks before the Oct. 7, 2023, attack to warn Israeli officials that intelligence indicated Hamas was mobilizing for a major assault. Speaking with hosts David Gura and Christina Ruffini, Salama says Egypt was among several regional governments that raised concerns before the attack, while questions remain about who received the warnings and how Israeli officials responded. (Source: Bloomberg)

Debate over artificial intelligence has largely focused on whether machines could become too powerful. Harvard philosopher Michael Sandel argues that a more immediate question is whether AI changes humans themselves: weakening authentic connection, independent thought and the ways people understand meaning and purpose. Universities are already confronting that challenge as students increasingly use AI to learn and communicate, while Vanderbilt University Chairman Daniel Diermeier argues that technological fluency must be paired with the ability to think independently. (Source: Bloomberg)

Thousands of people took to the streets of Madrid on Saturday, joining nationwide protests over housing costs that could increase pressure on Prime Minister Pedro Sánchez to call a snap election.

As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry Ellison — are starting to stir angst on Wall Street.

National Economic Council Director Kevin Hassett argues that the economic benefits of AI may be greater than current data show, comparing today’s dynamics with the early internet era, when improvements in computing were difficult to capture in official statistics. At the same time, Hassett says reducing the federal workforce can generate budget savings, and he remains optimistic about economic growth in the face of a growing debt burden. He acknowledges that bringing the federal deficit to 3% of GDP will require more attention. (Source: Bloomberg)

Pakistan said it summoned India’s chargé d’affaires on Saturday to protest against the killing of two Pakistani civilians by India’s Border Security Force.

The industry body that sets the rules for the world’s biggest gold market faces an existential legal battle in a London courtroom next week, in a case that could have far-reaching implications for how the industry polices its supply chain.

India’s markets regulator is considering easing position limits for non-agricultural commodity derivatives and changing settlement rules for some farm contracts, as it seeks to deepen trading and attract more genuine hedgers.

Israel’s highest court unanimously reversed a ban on Arab parties from participating in elections slated for the end of October.

Malaysia’s defense minister said the government is considering spending more than 1 billion ringgit ($245 million) on a new naval strike missile system after a deal with Norway collapsed earlier this year, the Star reported.