Blackstone Inc. President Jon Gray pushes back against the idea that there is an AI bubble. He says demand for AI is "almost parabolic." He speaks to Dani Burger on "Bloomberg Open Interest" about investing in AI and the firm's third-quarter earnings results.
Southwest Airlines cut its full-year guidance with soaring jet fuel costs squeezing profits across the US airline industry. Southwest has sought to offset those expenses by increasing fares and overhauling its commercial strategy. Southwest Airlines CFO Tom Doxey discusses the results, the roll out of Starlink service, and AI interaction with customers. He speaks on "Bloomberg Surveillance."
Applications for US unemployment benefits fell by 6,000 to 194,000 last week, a three-month low. The median forecast of economists polled by Bloomberg called for 200,000. Continuing claims rose to a six-week high of 1.73 million in the previous week. Michael McKee reports on Bloomberg Television.
Torsten Slok, chief economist at Apollo, discusses risks related to delays in data center construction, calling the AI buildout "a very, very critical driver of growth at the moment" for the US economy. He speaks on "Bloomberg Surveillance."
Three people were killed in two attacks on an Aramco oil field and an airport in Saudi Arabia's Eastern Province Wednesday. The US State Department issued an ordered departure for non-emergency personnel and their families from the kingdom. The US move comes due to the growing threat from Houthi militants in neighboring Yemen. Abeer Abu Omar reports on Bloomberg Television.
Cameron Dawson, chief investment officer at NewEdge Wealth, warns that markets are pricing in peak earnings for chip stocks next year and raising concerns about their earnings power in 2028. She speaks on "Bloomberg Surveillance."
Dallas' Perot Museum of Nature and Science plans a $185 million expansion, according to Linda Silver, the museum's chief executive officer. Texas' growing dependence on so-called STEM careers in science, technology and math adds urgency to the need for more early interest in the field, Silver tells Bloomberg's Julie Fine.
Nvidia Chief Executive Officer Jensen Huang discusses neoclouds and why they are a good investment. "The demand of their compute is incredible," Huang tells Bloomberg's Tom Mackenzie. He also addresses the need for neoclouds to acquire more working capital as demand for computers and AI is high. "Everything else will get solved when demand is high," Huang says, adding he is "quite confident" neoclouds will find solutions.
Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
In a milestone for the UAE's domestic space industry, Altair-1, the first commercial satellite built in the country, was successfully launched in October 2026. Ahmad Belhoul Al Falasi, Chairman of the UAE Space Agency spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa about the UAE's space ambitions.
