Prime Minister Rob Jetten said the Dutch government supports Klaas Knot "for any kind of vacancy in several European institutions," and that many countries in the region would find Knot to be an ideal candidate to lead the European Central Bank. Jetten spoke with David Gura Thursday on Bloomberg Television.
Dutch Prime Minister Rob Jetten had discussions on legislation which would further restrict ASML Holding NV's sales in China with President Donald Trump. Jetten told Bloomberg Television, "I'm pretty sure we come to some agreement that is workable for each and every one."
Yields on the US's longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens. Bloomberg Intelligence's Ira Jersey joins to discuss.
A renewed episode of bond volatility left traders unwilling to make riskier bets, with stocks falling on worries that elevated oil prices will fuel inflation and force the Federal Reserve to lift rates. Keith Lerner, CIO at Truist, discusses the path of the S&P amid mounting market pressures.
Meta Platforms Inc. unveiled a palm-sized, dedicated gadget for using Muse, the company's popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement. Bloomberg's Mandeep Singh joins to discuss.
Former Instacart President and current Beacon CEO Nilam Ganenthiran says the biggest obstacle to AI adoption is trust. He explains why AI is "arming both the good guys and bad guys," how safety fears are holding back the real economy, and why Beacon is building what he calls an "AI-native Berkshire Hathaway."
Brian Casey, chief executive officer of Dallas-based Westwood Holdings Group Inc., says the decision to list a new exchange-traded fund on the Texas Stock Exchange makes sense because the power-generation ETF is focused on Texas. He speaks with Bloomberg's Julie Fine about the ETF, the future of the TXSE and how artificial-intelligence regulation affects technology stocks.
Elizabeth Economy, a former Biden administration China adviser and a senior fellow at the Hoover Institution, joins Bloomberg Open Interest to break down what could emerge from US-China talks beyond the diplomatic spectacle. She sees potential cooperation on AI security, but warns Washington's traditional leverage is weakening. From Iranian oil and semiconductor controls to rare earths and trade commitments, Economy argues the US will increasingly need allies to pressure Beijing.
- Darden Restaurants (DRI) shares are lower after reporting first quarter results. It posted higher 1Q sales, but profits slipped and expenses increased. - MGM Resorts (MGM) shares are lower after Barry Diller's People Inc. dropped plans to acquire the rest of the casino giant. - Stitch Fix (SFIX) shares are falling after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected. The company also reported loss per share from continuing operations for the fourth quarter of 2.0c.
Federal Reserve Bank of Philadelphia President Anna Paulson says some modest further tightening may be warranted to ensure inflation returns to the central bank's 2% goal during an event in Philadelphia.
Federal Reserve Bank of Cleveland President Beth Hammack said there is the risk that an inflationary mindset takes hold as the US economy faces a series of supply shocks. Hammack warned that "when the environment is more prone to shocks, or the shocks arrive one after another in a period when inflation has been elevated for years, there's a greater risk that an inflationary mindset could take hold." She spoke Thursday at a conference hosted by the Cleveland Fed.
Oracle sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. Sridhar Natarajan reports on "Bloomberg Open Interest."
