Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines what he calls the "hornet's nest" of increased activity in the Middle East as President Donald Trump said Thursday that the US would not strike Iran before the midterm elections.
Chris Verrone, partner and chief market strategist at Baird Strategas, sees equity markets as "highly rotational" and doesn't think bond yields are high enough to be "truly competitive for your capital every day." He speaks on "Bloomberg Surveillance."
Delta Air Lines Inc. cut its full-year earnings outlook on high jet fuel prices stemming from the war in the Middle East, even as strong travel demand helped to offset some of the added costs. Lisa Abramowicz and Annmarie Hordern have more on Bloomberg Television.
A proposed public firing-squad execution discussed by the US defense secretary is a "medieval" idea that could damage the Republicans ahead of the midterms, according to Morris Reid, Partner at Actum, who served in the Clinton Administration. Speaking to Francine Lacqua on "The Pulse", Reid says this shows a lack of coordination within the Trump administration as it braces for "challenging" elections.
Health and power are "deeply connected for women", according to Melinda French Gates, who says the world is "way behind on women's health". French Gates joined Francine Lacqua on "The Pulse" to discuss new Gallup-Pivotal research, which finds more than four in ten UK women say their health has kept them from doing everything they wanted to do, with gaps in information and care at key stages of their lives. In the US, more than half of women reported a negative healthcare experience in the past five years. The research was conducted with Pivotal, founded by French Gates to advance social progress for women and young people.
Bending Spoons CEO Luca Ferrari says falling software valuations are creating acquisition opportunities as AI reshapes the industry. He says the company is benefiting twice - from cheaper targets and from using AI to write code, improve products and scale its acquisition model faster. Bending Spoons says AI now writes at least 90% of its code. He speaks to Tom Mackenzie on the latest episode of "Bloomberg Tech: Europe"
Christian Mueller-Glissmann, head of asset allocation research at Goldman Sachs, discusses market skepticism toward artificial intelligence. Speaking on Bloomberg Television, he says investors are questioning whether ongoing capital expenditure will translate into monetizable products.
Mobile payments firm Airtel Money starts trading on the London Stock Exchange on Friday, a listing that may mark the largest initial public offering for the bourse in five years. How the company trades will be the next test in London's efforts to revitalize its capital markets. A strong first day would imply the city is fertile ground for IPOs and may encourage more companies to list on the LSE. At the same time, a debut that slips below the offer price would send a negative signal through the market, potentially deterring listing candidates. Airtel Money's CEO Ian Ferrao joined Caroline Heper and Charles Capel on Bloomberg Radio to discuss.
Artificial Intelligence deployment across banking is moving at its fastest pace yet, with JPMorgan yet again leading Evident Insight's ranking of the world's most AI-advanced banks. Evident CEO and co-founder Alexandra Mousavizadeh explains why early movers are pulling ahead and why banks investing most heavily in the technology are still growing headcount even as AI changes jobs. She speaks to Tom Mackenzie on the latest episode of "Bloomberg Tech: Europe."
Tencent backed firm Uzum says they are not concerned about attracting investors from the US despite trade tensions with China. The Uzbek fintech firm has raised money from investors including Tencent and Oman's sovereign funds, with the latest round valuing the company at $2.3 billion. Nikolay Seleznev, Co-founder and Chief Strategy Officer of Uzum spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.
Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, according to people familiar with the matter. The company's annualized revenue was roughly $50 billion at the end of September, the people said. Bloomberg's Neil Campling breaks down the situation.
