Bloomberg Intelligence's Neil Sipes joins Scarlet Fu and James Seyffart on "ETF IQ." Goldman Sachs will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager's reach in the actively managed ETF market.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Isabelle Lee, Carol Massar and Joe Deaux.
Lauren Cassidy, CIO of Founders 100 ETF, joins Scarlet Fu and James Seyffart on "ETF IQ." They discuss the fund and how they approach investing in founder-led companies.
Todd Sohn, chief ETF strategist at Baird Strategas, joins Scarlet Fu and James Seyffart on "ETF IQ." They discuss leveraged ETFs, the recent rush of thematic filings, and the risk the tied to concentrated portfolios.
Peter Harrell, former White House senior director for international economics in the Biden Administration and visiting scholar at Georgetown, said President Trump has not brought tariff rates back to their original rate because war with Iran has driven energy prices higher. Harrell also said that while US trade and investment policy has changed, the data coming into the administration and out to the public has not yet caught up and it remains an question what the impact of these changes will be.
Assistant US Attorney General for Civil Rights Harmeet Dhillon says the Department of Justice is part of the executive branch and reports to the president. She says it's "ludicrous" to think the DOJ should be independent. She also says the DOJ will be deploying 1,000 monitors to make sure the midterm elections are secure. She speaks on "Balance of Power."
Michael Allen, managing director of Beacon Global Strategies and a former national security aide to President George W. Bush, said Iranians feel they have "a lot of new leverage" they didn't have before the US and Israel launched strikes as Iran's government looks to rebuild its influence in the region. Allen also discussed President Trump's decision to pull back on military exercises with South Korea, saying he doesn't know what South Korea has done to deserve a chilling in US-South Korea relations.
Bedrock Robotics is bringing autonomous driving technology to construction sites, retrofitting excavators and other heavy machinery with cameras, LiDAR, Nvidia-powered compute and its own software. CEO Boris Sofman joins Bloomberg to discuss the company's first paid commercial deployments, how autonomous equipment could address a growing shortage of skilled operators, and why demand for data centers and other infrastructure is creating an opportunity to use AI to help America build faster. He joins Ed Ludlow on "Bloomberg Tech."
Some of the world's wealthiest families are building significant positions in SpaceX. Bloomberg's Devon Pendleton breaks down roughly $3.8 billion in holdings disclosed by about a dozen family offices, including investors tied to the Pritzker dynasty, UAE royalty and global hedge fund and mining fortunes. She joins Ed Ludlow on "Bloomberg Tech."
Stripe is making one of its biggest AI bets yet, agreeing to buy OpenRouter for more than $7 billion, according to sources. Bloomberg's Natasha Mascarenhas explains how OpenRouter helps developers access and optimize hundreds of AI models, why that capability has become increasingly valuable as companies focus on lowering AI costs, and what the deal signals about Stripe's ambitions in AI. She joins Ed Ludlow on "Bloomberg Tech."
