Carlyle CFO Justin Plouffe says the firm has maintained a strong pace of exits for more than a year, with broad-based realizations across regions including Japan, Europe and the US. Speaking on "Bloomberg Open Interest," Plouffe also discusses the M&A market, the "tricky" private credit environment and the opportunities in AI and data security.
A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100's market capitalization in just four days, driven by strong earnings that have emboldened investors about the AI outlook. The tech benchmark has jumped 9.3% over this period, its sharpest rally since April 2025. Dan Ives, Partner at Yorkville & Ives, discusses the AI landscape as hyperscalers report earnings.
On this episode of Stock Movers: - Advanced Micro Devices (AMD) shares are lower after the semiconductor firm's second-quarter revenue and third-quarter sales forecast underwhelmed investors expecting a stronger performance given rising demand. - Disney (DIS) shares are climbing as profit beat Wall Street estimates in the company's fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida. - Shopify (SHOP) shares are soaring after it reported revenue for the second quarter that beat the average analyst estimate. President Harley Finkelstein said it was a "monster quarter" for the company.
The Institute for Supply Management's services index rose 0.1 point to 54.1, according to data released Wednesday. Michael McKee reports on "Bloomberg Open Interest."
Ken Griffin's flagship Citadel fund rose almost 6% in July after buying most of Situational Awareness's public stocks at a discount. Citadel is up almost 12% on the year. Fallout from the troubled artificial-intelligence Situational Awareness hedge fund is still rippling through markets. Bloomberg's Hema Parmar reports on "Bloomberg Open Interest." (Correction: This video has been updated with a graphic reflecting Citadel's performance)
Walt Disney Co.'s fiscal third quarter profit beat Wall Street estimates as soaring income from its entertainment division and the resilience of its theme parks in California and Florida delivered a second straight quarter of better-than-expected profitability for Chief Executive Officer Josh D'Amaro. Geetha Ranganathan of Bloomberg Intelligence has more.
The US Treasury retained its previous guidance for future debt issuance, signaling no change in note and bond auction sizes well into 2027. The quarterly refunding will raise about $28.7 billion in new cash. Auctions will be held on August 11, 12 and 13. Bloomberg's Michael McKee reports.
US private payrolls rose 44,000 in July after a revised 95,000 increase in the prior month as companies added fewer jobs than expected, according to ADP Research data out Wednesday. Michael McKee reports on Bloomberg Television.
Joint US-Japan intervention has helped the yen for now, but isn't a game-changer for the currency or the economy, Japan's former Prime Minister Fumio Kishida said in a Bloomberg TV interview in Tokyo. He touted a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transform Japan's fortunes.
Ariana Salvatore, head of US public policy strategy at Morgan Stanley, says a win by progressive Abdul El-Sayed in the Democratic US Senate primary in Michigan "makes it really challenging as a general election seat for Democrats to flip," and looks at how the US economy plays into the midterm elections.
Matt McLennan, First Eagle Investments Head of Global Value Team, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the market complacency created by a high concentration in AI.
Artificial intelligence models developed by OpenAI and Anthropic PBC carried out "unsanctioned" actions including hacking a website and attempting to inject harmful code into software during safety testing reinforcing fears that neither the creators nor seasoned researchers of these systems can predict their actions in testing. Bloomberg Opinion columnist Parmy Olson joins Francine Lacqua on "The Pulse" to discuss the implications.
