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Morgan Stanley's Wilson: We're In New Economic, Earnings Cycle

Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, joins Bloomberg Businessweek Daily to discuss his 2026 market outlook, saying that market broadening is happening now as the US economy and market begins a new cycle. "There have been many parts of the economy that have been sort of mired in a recession for the last three years or so, and they're just now starting to emerge," Wilson says. "That broadening out is the real story." Wilson also reiterates his 7,800 S&P 500 year-end target. Wilson speaks with Carol Massar, Tim Stenovec, and Bloomberg News Equities Reporter Alexandra Semenova.

Read more: Morgan Stanley's Wilson: We're In New Economic, Earnings Cycle
Bloomberg

Zuckerberg Says 'Difficult' to Enforce Instagram Age Limits

Mark Zuckerberg testified that it's "very difficult" to enforce Instagram's age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company's efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some "proactive tools" to try to identify and remove accounts used by children under 13, but called it a "challenging" problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Read more: Zuckerberg Says 'Difficult' to Enforce Instagram Age Limits
Bloomberg

FCC's Carr Calls Colbert-Talarico Controversy a 'Hoax'

Federal Communications Commission Chairman Brendan Carr defended the agency's rules regarding equal air time for political candidates and said the controversy over an interview between CBS late-night host Stephen Colbert and Texas state Representative James Talarico  that never aired on the network wasn't the result of government censorship. Talarico, who is seeking a US Senate seat, used the incident to grab attention and campaign donations as he faces off against Congresswoman Jasmine Crockett in a closely watched primary race, according to Carr. Talarico's interview with Colbert was ultimately posted to the show's YouTube channel as an "online exclusive." Matthew Schettenhelm, Bloomberg Intelligence Media Litigation Analyst, and Bloomberg News Media Reporter Hannah Miller join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec.

Read more: FCC's Carr Calls Colbert-Talarico Controversy a 'Hoax'
Bloomberg

Housing Starts Rise to Five-Month High in Broad Increase

New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall's federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year's end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec.

Read more: Housing Starts Rise to Five-Month High in Broad Increase
Bloomberg

Where to Expect Software Consolidation: Investment Committee

Barclays estimates software now makes up about 20% of all loans held by BDCs, making it their largest sector exposure. This week's investment committee on "Bloomberg Deals" discusses the possible pain points in software. Guests include: Nenad Milicevic-Helac, Americas co-leader of TMT Alixpartners, Songyee Yoon, founder and managing partner of Principal Venture Partners, and Anura Rana, Bloomberg Intelligence.

Read more: Where to Expect Software Consolidation: Investment Committee