Bloomberg News and Videos — Page 189

Lisa Shalett, Morgan Stanley Wealth Management CIO, discusses the current state of the semiconductor sector, highlighting that chip stocks have become meaningfully overbought with some indexes up nearly 100% year-to-date before recent pullbacks. She speaks on "Bloomberg Surveillance."

SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale by a foreign company. Bloomberg's Ed Ludlow reports.

Nadia Martin Wiggen, Svelland Capital Director, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the the volatile week in oil.

Andy Burnham's path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader. At the end of the first day of the party's leadership contest to replace Keir Starmer, 322 of 403 Labour members of Parliament voted for Burnham. Responding to the confirmation of the vote number, Burnham said he was "deeply grateful" for the support he's received from party colleagues, saying it "reflects a shared belief that Britain needs a new approach to politics." Bloomberg Opinion's Rosa Prince joins Caroline hepker and Rachel Evans on Daybreak Europe to discuss.'

European equities stand to benefit from higher inflation, according to Morgan Stanley's Marina Zavolock, who says the market underestimates the region's exposure to sectors that profit from rising prices. "We have a lot of real asset exposure, we have banks exposure," Zavolock, the firm's chief European equity strategist, tells Bloomberg Television.

Katie King, cofounder and CEO of BioOrbit, discussed the company's recent milestone in producing protein crystals in space. BioOrbit launched a record-breaking mission to the International Space Station, achieving the largest scale production of protein crystals in a microgravity environment by one to two orders of magnitude. King spoke to Bloomberg's Tom Mackenzie.

The man who oversees Europe's space agenda says the continent needs to do much more as it pursues greater autonomy in orbit. Europe is trailing the US in efforts to develop a space economy, underscored by SpaceX's mega IPO in June. Josef Aschbacher, Director General of the European Space Agency, spoke to Bloomberg's Tom Mackenzie.

Hélène Huby, Founder and CEO of The Exploration Company, says Elon Musk serves as an inspiration for her work to develop reusable rockets from Europe. The Exploration Company is one of several companies leading efforts to boost Europe's space sovereignty. Huby spoke to Bloomberg's Tom Mackenzie.

Spanish Economy Minister Carlos Cuerpo said he sees a chance to revisit the idea of joint borrowing within the European Union, despite initial skepticism to a proposal he made on the subject this week from member states such as Germany and the Netherlands. Cuerpo made the comments in an exclusive interview with Bloomberg Television's Oliver Crook on Friday.

Spanish Economy Minister Carlos Cuerpo discusses the idea of joint borrowing within the European Union, saying there is a "new window of opportunity" despite initial skepticism to a proposal he made on the subject this week. "Fragmentation is costing us dearly," Cuerpo tells Bloomberg's Oliver Crook.