Apollo's Co-Head of Corporate Credit John Cortese says to expect $100 trillion in debt financing in the next decade. Cortese also says that 20% of that will be in building out AI digital infrastructure. Cortese speaks with Bloomberg's Dani Burger. (Source: Bloomberg)
A record-breaking run in stocks hit a wall as higher oil prices lifted bond yields, stoking concerns that potential inflationary pressures could trigger Federal Reserve rate hikes.
Chuck Clough, Chairman at Clough Capital, discusses what he's seeing in current markets and whether we're facing an AI bubble. (Source: Bloomberg)
Shares of Deere & Co. and other farm equipment manufacturers plunged after the Federal Trade Commission and US Department of Agriculture launched an inquiry into market practices, including potential anticompetitive conduct.
Casey Sprake, Market Strategist at AG Capital told Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa, the Fed's September hike marked a turn in policy and the Bank of England may be close to the same point. (Source: Bloomberg)
There are a lot of concerns surrounding artificial intelligence’s creep into all aspects of day-to-day life, but Jordy Leiser also sees a lot of opportunity for AI to help sports fans. That’s why he co-founded the AI-powered fan experience and ticketing platform Jump alongside Marc Lore and Alex Rodriguez. On this week’s episode of The Deal, Jordy tells Alex and Jason Kelly how AI can help fans interact with their favorite teams and players, and how a new wave of team owners who made their money in tech are helping to power innovation in the sports industry. (Source: Bloomberg)
Giovanna Serafim conta sobre a entrada de R$ 10 bilhões de investidores estrangeiros na bolsa brasileira com o megarrali nos ativos domésticos depois do primeiro turno. Com edição de Patricia Xavier. (Source: Bloomberg)
The Black Swan author Nassim Taleb warned that a pullback in demand for US Treasuries risks creating a fault line across markets, potentially hurting a record-beating stock rally.
Germany’s economy and energy ministry has dissolved a key division for liaising with the wind and solar industry, a move that reflects policymakers’ shifting priorities as the country looks to overhaul its spending.
Giovanna Serafim conta sobre a entrada de R$ 10 bilhões de investidores estrangeiros na bolsa brasileira com o megarrali nos ativos domésticos depois do primeiro turno. Com edição de Patricia Xavier. (Source: Bloomberg)
State-owned Syrian Petroleum Co. plans to more than double crude production in a year and ramp up oil refining as foreign operators return, according to Chief Executive Officer Yousef Qiblawy.
Foreign investors poured a record net 10.06 billion reais ($2.01 billion) into Brazilian stocks listed in Sao Paulo on Oct. 5, the highest single-day inflow on record, amid increased hopes that opposition presidential candidate Flávio Bolsonaro would address the country’s mounting fiscal problems and pave the way for interest-rate cuts if he is elected. The data was released by Brazilian exchange B3 SA on Wednesday.
Mark Cabana, co-head of global rates strategy at BofA Securities, says markets and economies around the world are starting to see the bite of higher rates and that the Federal Reserve needs to keep hikes on the table. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
The 10-year Treasury yield, the most important number in global finance, has broken through to its highest level since 2002. Bond yields are assumed to have an inverse relationship with stocks, so a move of this magnitude should be a problem for equities. But it hasn’t been, and Bloomberg Opinion columnist John Authers explains why. (Source: Bloomberg)
A selloff in shares of European banks resumed on Wednesday, with the likes of Societe Generale SA and Deutsche Bank AG tumbling more than 5%, as mounting fears over political turmoil sent bond yields higher.
The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, the latest change of hands for the pharmacy chain and a UK return for the former Selfridges owner.
Police in India’s capital detained opposition leader Rahul Gandhi for a second day as lawmakers staged an unannounced protest march demanding the resignation of the country’s chief election official.
Kalshi Inc. has filed a proposal for an oil-linked futures contract that only expires every decade with the Commodity Futures Trading Commission, according to the company.
Mexican companies are tapping the local bond market at a record clip as lower interest rates at home, looming maturities and a growing pool of institutional capital spur deals.
