Bloomberg News and Videos — Page 42

The US government sold 30-year bonds at the highest interest rate in a quarter century, a testament to investors' demand for greater compensation to finance the nation's growing deficit. Standard Chartered CIO for North Asia, Raymond Cheng, discusses how long such yields will remain sustainable.

Winston Cheng, CFO at Lenovo, discusses the company's business strategy as it expects to grow revenue to $100 billion this fiscal year. He speaks with David Ingles and Stephen Engle on "Bloomberg: The China Show."

Robin Tsai, Managing Partner at VMG Partners, discussed the recent uptick in consumer space IPOs following notable debuts like Jersey Mike's and Reformation. He outlined VMG Partners' investment strategy, which focuses on established consumer brands with existing revenue, scale, and profitability, rather than early-stage ventures. He speaks with Romaine Bostick on "The Close."

Anant Bhalla, CEO of 1823 Partners and Chief Investment Officer at JAB Holdings, discussed the strategic integration of insurance businesses within private markets to enhance liquidity and return cash to clients. He highlighted the complementary nature of consumer and insurance businesses in varying interest rate environments, with insurance thriving when rates are higher. He speaks with Romaine Bostick on "The Close."

Naveen Jaggi, President of Retail Advisory Services at JLL, discusses the recent easing of inflation and its impact on retail demand, highlighting a notable rebound in the second quarter. Jaggi points out that malls, after a decade of closures, are seeing renewed interest, particularly among younger consumers embracing 'mall maxing.' He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec.

Bobby Sharma, Founder and Managing Partner at Bluestone Equity Partners, discussed the recent $12.5 billion valuation of the Los Angeles Lakers, highlighting the extraordinary price and the broader trend of sports becoming institutionalized investment assets. Sharma emphasized that the Lakers represent a unique global intellectual property asset, far beyond a local community team, which justifies a scarcity premium. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Bloomberg's Paula Seligson said that specific subsets of the software industry are especially at risk from the 'SaaSpocalypse' the selloff of companies based around 'software-as-a-service as artificial intelligence replaces software functionality for things like data visualization. Seligson said that right now investors are trying to figure out the reality of the risk around the 'SaaSpocalypse' and which companies most vulnerable.

Gargi Chaudhuri, chief investment and portfolio strategist, Americas at BlackRock, and Matt Wrzesniewsky, head of fixed income client portfolio management at Vanguard,  join Emily Graffeo on "Real Yield."

Gargi Chaudhuri, chief investment and portfolio strategist, Americas at BlackRock, joins Emily Graffeo on "Real Yield." The US government sold 30-year bonds at the highest interest rate in a quarter of a century, reflecting a relentless selloff that's stirred speculation the nation will tilt borrowing further toward short-dated maturities.