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Schneider Electric to Acquire PTC in All-Cash Deal

1 week 4 days ago
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)

How to Outsmart Your Investing Instincts

1 week 4 days ago
Merryn Somerset Webb talks with Alex Edmans, author of "The Madness of Markets: Why Smart Investors Make Crazy Decisions – And How to Exploit Them," about why even sophisticated investors struggle to overcome the psychological biases that shape their decisions. Markets are driven by humans, and humans are emotional. Edmans explains how understanding the influence of emotion, herd behavior and over-confidence can help investors make better decisions — and potentially achieve better returns. (Source: Bloomberg)

SoftBank’s Masayoshi Son Warns on AI Safety

1 week 4 days ago
Speaking at a tech forum, SoftBank chief Masayoshi Son - one of AI’s fervent believers - said that even he is worried about safety risks as machines quickly gain more abilities. He reiterated his projection that AI and machines with learning capabilities could account for at least 20% of global gross domestic product by 2040. (Source: Bloomberg)

AI Stocks Drive an Increasingly Divided Market

1 week 5 days ago
Schwab Head of Macro Research and Strategy Kevin Gordon tells Bloomberg This Weekend that AI-related technology stocks are supporting the broader market even as many individual companies have suffered significantly larger declines, highlighting increasingly narrow market leadership. Speaking with hosts David Gura and Christina Ruffini, Gordon says a gradual Federal Reserve tightening cycle and a labor market that avoids widespread layoffs could support stocks, while investors are increasingly focused on whether companies sustain their enormous AI capital spending. (Source: Bloomberg)

48 Hours in the Singapore With No Smartphone

1 week 5 days ago
Bloomberg Pursuits Senior Features Writer Thu-Huong Ha tells Bloomberg This Weekend about spending 48 hours in Singapore without relying on a smartphone, navigating a city where transportation, payments, dining and government services are deeply integrated with digital technology. Speaking with hosts David Gura and Christina Ruffini, Ha says the experiment required more patience and effort but also made her more observant of her surroundings and convinced her there is value in experiencing boredom without immediately reaching for a screen. (Source: Bloomberg)
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