JPMorgan Chase & Co. deployed $230 billion of capital, providing equity and debt financing across a handful of areas, including energy independence and defense and aerospace, in the first year of its decade-long effort to plow $1.5 trillion into industries that bolster US economic security. Herman Chan of Bloomberg Intelligence has more on Bloomberg Television.
Peter Tchir, head of macro strategy at Academy Securities, says he is "nervous" about a potential selloff of artificial intelligence-related debt as he sees "faux liquidity" in markets. He speaks on "Bloomberg Surveillance."
Warren Buffett's three children are preparing to take responsibility for one of the world's biggest fortunes. Buffett is worth about $150 billion and has pledged to give away the vast majority of his wealth. When he dies, Susie, Howard and Peter Buffett will have to agree unanimously on how to give away what remains. The siblings already back very different causes, from early education to food security and conflict mitigation. But they still haven't decided how they'll distribute the fortune, with Susie Buffett saying: "We don't know yet." Charlie Wells joins Caroline Hepker and Stephen Carroll on Bloomberg Radio to discuss.
Andrew Sheets, global head of fixed income research at Morgan Stanley, examines what impact volatility in French bonds and equities may have on European Central Bank policy and how his firm is approaching European markets. He speaks on "Bloomberg Surveillance."
Partial curfews will be put in place in some parts of France following protests at the weekend that deteriorated into riots, Prime Minister Sebastien Lecornu said. More than half a million people took to the streets to protest the high cost of living, with demonstrations degenerating into riots in Paris, Marseille and other cities. Bloomberg's Oliver Crook reports from Paris.
Republican lawmakers blasted President Donald Trump for waiving new tariffs and sanctions on Russia, prompting the president to defend himself against some of his strongest allies on Capitol Hill. Tyler Kendall reports on Bloomberg Television.
"It is an incredibly technically-driven market," says Max Kettner, chief multi-asset strategist at HSBC. He doesn't see any kind of fundamental catalyst, outside of earnings, calming some nerves around concerns about artificial intelligence. He speaks on "Bloomberg Surveillance."
Elon Musk says he will gift a share of SpaceX to each American child, in a post on X, the social media platform he owns. The move comes just hours after artificial intelligence competitor Anthropic PBC said it would set aside a portion of its shares for the public benefit. Matt Bloxham of Bloomberg Intelligence has more.
Nscale, the data center developer backed by Nvidia, is facing opposition to the valuation target of about $30 billion that it's pursuing in its IPO, according to people familiar with the matter. Bloomberg's Ruhell Amin reports.
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
