Bloomberg
Arm's IPO Orders Already Oversubscribed by 10 Times
The initial public offering of Arm Holdings Ltd., the chip designer owned by SoftBank Group Corp., is already oversubscribed by 10 times, and bankers plan to stop taking orders by Tuesday afternoon, according to people familiar with the...
Bloomberg
Eurasia's Lu on Huawei, Tech Competition
Xiaomeng Lu, Director of Geo-technology Practice at Eurasia Group, discusses Huawei's breakthrough and China-US tech competition. She speaks with Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
RBC's Duan on China Equities
Jasmine Duan, Senior Investment Strategist at RBC Wealth Management, discuses her latest market outlook and investment strategies. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
Indian Billionaire Uday Kotak Resigns as Bank CEO Earlier Than Expected
Uday Kotak has suddenly resigned Saturday as managing director and chief executive officer of Kotak Mahindra Bank Ltd. India's richest banker is becoming a non-executive director. Dipak Gupta, the joint managing director, will take...
Bloomberg
China's Latest Property Policies Are 'Positive': Loomis Sayles
Zhi Wei Feng, senior credit analyst at Loomis Sayles, discusses China's efforts to support its ailing property market and the outlook for the sector. She speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
Tesla Executive in Purchasing Probe Draws US Scrutiny
Bloomberg has learned that US prosecutors are looking into whether Tesla Inc.'s plan to purchase hard-to-get construction materials was an appropriate use of company funds. Su Keenan reports on Bloomberg Television.
Bloomberg
Citadel's Hunt For Next Math Geniuses
Citadel is going all out to hire what it calls truly exceptional interns amid an intense battle for young talent across Wall Street and Silicon Valley. Billionaire Ken Griffin's financial empire is paying students over $19,000 a month in...
Bloomberg
ECB's Kazaks: Any Rate Hikes Would Be 'Relatively Small'
European Central Bank Governing Council Member and Bank of Latvia Governor Martins Kazaks discusses ECB policy, interest rates, and the euro area's labor market with Mike McKee on the sidelines of the Kansas City Fed's annual policy...
Bloomberg
Harker Says Fed Won't Cut Rates Until at Least 2024
Federal Reserve Bank of Philadelphia President Patrick Harker favors allowing the Fed's current restrictive policy to "keep the pressure on" to get inflation down to its target. He speaks on the sidelines of the Federal Reserve Bank of...
Bloomberg
Fed's Harker on Inflation, Rate Policy and Balance Sheet
Federal Reserve Bank of Philadelphia President Patrick Harker discusses the outlook for monetary policy and the Fed's approach to its balance sheet. He speaks with Bloomberg Television on the sidelines of the Federal Reserve Bank of...
Bloomberg
Christina Romer on US Economy, Inflation, Fed
Council of Economic Advisers former Chair, Christina Romer, says Inflation is going down and the economy so far is holding up. She spoke, prior to Jay Powell's speech, with Tom Keene, Jonathan Ferro and Lisa Abramowicz, on a special...
Bloomberg
Jobless Claims Fall to Lowest Level in Three Weeks
Initial jobless claims decreased by 10,000 to 230,000 in the week ended Aug. 19, according to Labor Department data out Thursday. The median estimate in a Bloomberg survey of economists called for 240,000 applications. Mike McKee breaks...
Bloomberg
US Downgrade Had Muted Impact on Munis: Truist's Hughey
Chip Hughey, Truist managing director of fixed income, discusses the potential impact of the US credit downgrade and Federal Reserve monetary policy on the municipal bond market with Sonali Basak and Scarlet Fu on "Bloomberg Markets: The...
Bloomberg
Torch Capital Founder Says We're in a Volatile Time for Tech
Jon Keidan, Torch Capital Founder and Managing Partner, talks about the IPO of Arm Holdings and his outlook for investing in consumer technology. He speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Technology."
Bloomberg
Markets in 3 Minutes: US Stocks Have Upside, USD/CNH Has Peaked
Mark Cudmore and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
El-Erian: Too Early to Make Fed Rate Call for September
"This is structurally a very different global economy and that's a problem," Mohamed El-Erian, a Bloomberg Opinion columnist, says. Speaking with Jonathan Ferro on "Bloomberg The Open," El-Erian also says the recent moves in equities and...
Bloomberg
Anand Rathi Private Wealth Mgmt: Positive On I.T. & Financials
Anand Rathi Private Wealth Management Senior VP & Mutual Funds Head Shweta Rajani says she has a positive view on I.T. and financials. She speaks with Haslinda Amin and David Ingles on "Bloomberg Markets: Asia".
Bloomberg
Markets in 3 Minutes: Investors Considering New Inflation Turn
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
Thai Constitutional Court to Decide on Pita Renomination
The Thai Constitutional Court will decide on Wednesday whether to accept or reject a petition by the Move Forward Party leader to renominate for prime minister. Patpicha Tanakasempipat reports on Bloomberg Television.
Bloomberg
Robust Jobs Number
Cecilia Rouse, Former Council of Economic Advisers Chair weighs in on US wages which rose at a faster-than-expected clip and is consistent with strong labor demand.
Bloomberg
Why Ed Yardeni Is Sticking With 4,600 S&P Year-End Call
Ed Yardeni, president at Yardeni Research, says he expects a "challenging" second-half of the year for equity markets after they outpaced expectations so far in 2023. "September is coming and that obviously could create some problems....
Bloomberg
Inflation Is Still a Worry, BlackRock's Watson Says
Marilyn Watson, BlackRock's head of global fundamental fixed income strategy, says the services industry is well supported and inflation is moderating but it's too early to stop worrying about inflation on "Bloomberg Markets: European...
Bloomberg
Powell Says FOMC to Take Data-Dependent Approach on Future Hikes
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by 0.25%.
Bloomberg
How Would Generative, Predictive AI Change Wall Street?
Jan Szilagyi, co-founder and chief executive officer of Toggle AI, a generative artificial intelligence fintech startup that uses machine learning to turn institutional-grade data into insights for investors, discusses what generative...