Bloomberg News and Videos — Page 485

Apollo Global Management President Jim Zelter says private capital is stepping in to fill a financing gap left by governments whose balance sheets can no longer support large-scale industrial capital expenditure. "Government pocketbooks aren't as buoyant to be able to provide that," Zelter tells Bloomberg Television.

JPMorgan Chase reported its highest quarterly profit ever as the second-quarter equities haul climbed 86% from a year earlier to $6.03 billion. Gerard Cassidy, head of US bank strategy and large-cap bank analyst at RBC examines the results on "Bloomberg Surveillance."

Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the need for action. Bloomberg's Ven Ram reports.

Andy Burnham is viewed as bearish for UK assets, with former Labour Party leader Ed Miliband seen as the least market-friendly pick for Chancellor, according to Bloomberg's latest Markets Pulse Survey.

Marija Veitmane, equity research head at State Street Global Markets, discusses the artificial intelligence trade and why she sees opportunities in software stocks. "We see analysts stabilizing their margin expectation revenue," Veitmane tells Bloomberg Television. "At the same time, we see institutional investors starting to buy from this big, big underweight position," she adds.

Anna Edwards, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

SoftBank founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers' ballooning needs. He speaks at an annual SoftBank World event in Tokyo.

SoftBank founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers' ballooning needs. He speaks at an annual SoftBank World event in Tokyo.

President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped via the waterway. Bloomberg's Stuart Livingstone-Wallace and Marisks CEO discuss the implications.

Analysts expect JPMorgan Chase & Co., Bank of America, Citigroup, Goldman Sachs Group and Morgan Stanley to report nearly $39 billion in trading revenue for the second quarter. Bloomberg's Balázs Penz breaks down the situation.