Stuart Kaiser, head of US equity trading strategy at Citigroup Global Markets, says higher gas prices are causing consumer be "edgy" as we get closer to the holiday season. He also expects CEOs to deliver bullish messages during earnings season. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
Maggie Fanari, chief executive officer of J. Rothschild Capital Management and an Anthropic investor, says the AI company can continue creating value after going public as it compounds growth over the long term. She also views Anthropic’s focus on AI safety as a strength, arguing that technological development and safeguards need to advance together. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Former Anthropic researcher Jacob Coxon warned that the race to develop artificial intelligence poses risks that the industry itself doesn’t fully understand, at a New York City Council hearing where lawmakers weighed whether to impose their own safeguards on a burgeoning global business.
Elon Musk confirmed that TSMC and his companies are discussing a possible chipmaking partnership in Texas. The project could make TSMC a supplier to Tesla, SpaceX and xAI. Carmen Reinicke has more on "Bloomberg Open Interest." (Source: Bloomberg)
Bloomberg's Liana Baker discusses Schneider Electric’s roughly $23 billion cross-border acquisition of software firm PTC, describing it as the French company’s largest deal and a strategic push into industrial software. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)
The world's tech billionaires made a combined $845 billion through Sept. 30. US tech billionaires make up 36% of the newly relaunched Bloomberg Billionaires Index. Elon Musk tops the list. Bloomberg's Dylan Sloan reports. (Source: Bloomberg)
CH Robinson Worldwide agreed to buy trucking brokerage firm RXO in a deal centered around a bet that artificial intelligence can help the companies improve efficiency in a challenging freight market. Liana Baker has more on "Bloomberg Open Interest." (Source: Bloomberg)
Michael J. Wolf, co-founder and CEO of Activate joined Bloomberg Open Interest to break down the $110B Skydance–Paramount merger, how cable still "banks" streaming, and why AI is reshaping costs, jobs, and growth across corporate America, before the real gains ever hit the bottom line. (Source: Bloomberg)
We all know that Treasury yields have been surging, alongside bond yields all around the world. So what explains the selloff and does it mean that bonds are becoming fundamentally riskier? What happens if investors can no longer hedge stocks with government debt? And how do expectations of the Federal Reserve's "reaction function" fit in? In this episode, we speak with Carolin Pflueger, associate professor at the University of Chicago and a resident scholar at the Chicago Fed, about her work on the bond market and central banks. We discuss why bonds have become more stock-like, what that means for yields, and the role of the Fed's credibility in making bonds “bond-like” again. (Source: Bloomberg)
A measured European Central Bank response is appropriate to control inflation as policymakers assess how a second wave of the energy shock affects the economy, according to Chief Economist Philip Lane.
Nvidia Corp. partner Hon Hai Precision Industry Co. reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infrastructure.
Nvidia Corp.’s price-to-earnings multiple and projected 70% earnings growth for next year demonstrate that artificial intelligence-driven technology stocks remain far from bubble territory, DBS Group Chief Investment Officer Hou Wey Fook said.
Denmark suffered a major data breach that gave unauthorized individuals access to names, addresses and personal identification numbers belonging to about 8.8 million people registered in the country’s central population database.
BT Group Plc’s purchase of TalkTalk — the UK’s fourth-biggest broadband provider and a key customer — puts the nation’s competition regulator in a tough spot.
DBS Group Chief Investment Officer Hou Wey Fook says AI-led earnings growth continues to underpin major technology stocks while investment-grade bonds yielding above 5% offer an attractive source of income and portfolio stability. He joined Bloomberg's Insight with Haslinda Amin (Source: Bloomberg)
Qualcomm Inc. has agreed to license patents related to Huawei Technologies Co.’s novel LogicFolding chipmaking technique as part of a wide-ranging pact, a win for the Chinese company’s technological ambitions.
Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation. (Source: Bloomberg)
