Global hedge funds logged one of their broadest declines since the Covid pandemic on Thursday following the stock market selloff, according to Goldman Sachs Group Inc.'s prime brokerage desk. Nishant Kumar reports on Bloomberg Television.
Apple has already shown there's a strong appetite for its $2,000-and-up foldable iPhone Duo. The new device went on sale Friday, bringing back the once-familiar sight of people lining up overnight to get their hands on it first. Ed Ludlow reports on "Bloomberg Open Interest."
Jean Boivin, head of BlackRock Investment Institute, discusses the firm turning positive on US Treasuries, how the artificial intelligence buildout is influencing rates, and why long-term US Treasuries are "starting to be attractive." He speaks on "Bloomberg Surveillance."
Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, discusses messaging on interest rates from the Federal Reserve's so-called troika, the influence of the artificial intelligence buildout on rates, and his expectation for the central bank to hold steady in October. His opinions are his own.
Laura Cooper of Nuveen discusses AI jitters, rising oil prices and the outlook for Treasury yields and Fed policy. She also explains why investors are becoming more selective on AI and looking toward broader diversification. Cooper spoke on Bloomberg Brief.
Dan Ives, partner and senior managing director at Yorkville Ives & Co., discusses his outlook for AI legislation after the US midterm election. He speaks on "Bloomberg Surveillance."
Brent oil traded at the highest level since May on Friday. Iran-backed Houthi militants claimed recent attacks on the Saudi Red Sea port of Yanbu, as well as deadly strikes on an oil field and airport in the kingdom. The flareup threatens to widen hostilities around the Strait of Hormuz, where crude exports have recovered to near prewar levels. Abeer Abu Omar reports on Bloomberg Television.
SpaceX is reportedly in talks to secure a minimum of 80,000 cell sites across the US, a move that would solidify the rocket and satellite giant's path toward building a fourth nationwide wireless carrier. Ruhell Amin reports on Bloomberg Television.
French authorities are bracing for a new round of protests Saturday. The military is preparing to back up police in a bid to prevent a repeat of last weekend's riots. Bloomberg's Alan Katz reports.
Chemi Peres, the son of President Shimon Peres and Managing Partner and Co-Founder of Pitango says business is resilient and welcomes the end of war to scale up companies.
