Digital Credit Could Be $3T Market: Cole
Matt Cole, CEO of Strive, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto."
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AI Benefiting SF Real Estate: JPM's Asset Mgt.'s Tredway
Chad Tredway, Global Head of Real Estate at JPMorgan Asset Management, discussed the impact of the AI cycle on the real estate sector during a live financial news segment. While not directly investing in data centers, Tredway highlighted opportunities in the surrounding infrastructure and real estate that support AI operations. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
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FedEx Projects Profit Growth This Year
FedEx earnings for the fiscal fourth quarter topped Wall Street estimates and the courier is projecting that profit will grow this year. The results suggest cost-cutting efforts are working. Peter McNally of Third Bridge breaks down the earnings on "Bloomberg The Close."
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CME Sues CFTC as Battle Over Perpetual Futures Heats Up
Lindsay Lin, COO of Dragonfly, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." One day after longtime CME Group chief Terry Duffy announced he'd take a step back early next year, his exchange empire sued its top regulator in a battle over the surging crypto perpetual futures market.
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E11EVEN Miami Operating Partner on World Cup Strategy
Gino LoPinto, who runs the highest grossing nightclub per square foot in the United States explains that the World Cup serves not only as a global sporting event but also as a significant economic catalyst for the hospitality industry. The conversation emphasizes how Miami's nightlife and hospitality sectors are benefiting from the influx of visitors, with the nightclub playing a key role in driving revenue during the tournament. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
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Cuomo to Lead Crypto Venture With New York Stock Exchange Owner
Bloobmerg's Katherine Doherty joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Former New York Governor Andrew Cuomo is starting a second act: Helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets.
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World Cup Mints Big Prediction Winners and Million-Dollar Losers
Yesha Yadav, professor of law and associate dean at Vanderbilt Law School, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The World Cup is turning prediction markets into a public ledger of million-dollar bets, exposing big wins and dramatic losses as the tournament attracts more money to the fast-growing industry.
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NYC Tourism & Conventions CEO on World Cup's Impact
Julie Coker, President and CEO of the New York City Tourism and Conventions Bureau, discussed the significant influx of visitors to the New York City area following the Knicks' NBA championship win and the kickoff of the World Cup on June 11. She noted that the city has seen a substantial increase in foot traffic from both domestic and international visitors, frequenting bars, restaurants, and traveling to nearby New Jersey for matches. She speaks with Romaine Bostick & Isabelle Lee on "The Close."
BOE Sets $52.8B Stablecoin Cap and Drops Holding Limit
Bloomberg's Anna Irrera joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Bank of England has scrapped plans to limit how much firms and households can hold in UK stablecoins and instead introduced a temporary £40 billion ($52.8 billion) cap for the total issuance of each coin.
China Targets US Rare Earths Firms in Response to Pentagon
Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, said that while the US has made 'unprecedented' moves to invest billions of dollars in rare earths infrastructure to compete with China, it is still a long term process as investment grows and technology gets more advanced.