Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson explains why the firm stands by its $7,800 price target for the S&P 500 Index by the end of this year and says it is premature to "throw a cold blanket" on the AI cycle.
Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson says the Federal Reserve's independence has been fading for the better part of 20 years and the central bank is obligated to "play ball" to help financial markets operate.
Moody's Analytics chief economist Mark Zandi said that the impact of AI is starting to 'kick in' across the economy, particularly in hiring rates and in the tech sector. Zandi also talked about efforts to create more affordable housing, saying that it while congress is taking positive steps, it will take awhile for the US to find its way out.
According to minutes of the Federal Open Market Committee's Jan. 27-28 meeting, Federal Reserve officials signaled renewed worries over inflation with "several" policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal. Mike McKee reports.
Energy startup Heron Power has raised a $140 million Series B to build a 40-gigawatt US manufacturing facility for its advanced electrical equipment. Heron's CEO Drew Baglino discusses the demand coming from renewable power and AI data center projects. He joins Ed Ludlow on "Bloomberg Tech."
Apple is accelerating work on three new wearables, part of a shift towards AI-powered hardware, according to people with knowledge of the plans. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech."
Morgan Stanley Global Director of Research Katy Huberty discusses the selloff of software and services stocks, some of which hit companies with strong underlying fundamentals. Huberty joins Ed Ludlow on "Bloomberg Tech."
Berkshire Hathaway Inc. slashed its holding in Amazon.com Inc. by more than 75% in the fourth quarter, while also building a stake in the New York Times Co. Warren Buffett's last new bet as chief executive officer. The conglomerate acquired 5.1 million shares of the media publishing company in the three months through December, a stake worth $351.7 million at year-end, according to a regulatory filing Tuesday. Bloomberg's Matthew Palazola joins to discuss.
Super Bowl 60 was played in Levi Stadium in Santa Clara, California. The city had only hosted two other Super Bowls prior and had to make a ton of upgrades to the stadium to bring the game back. Randall Williams takes a look at just how the Bay Area wooed the NFL in the latest Sports City.
TPG CEO Jon Winkelried speaks with Dani Burger on "Bloomberg Deals". TPG manages more than $300 billion across a range of strategies, including private equity and credit, and software is one of the firm's target sectors
Dallas Mavericks coach Jason Kidd speaks with Bloomberg's Julie Fine about youth basketball, the role of private equity in youth sports and his team's NBA season so far.
Shipping stock Genco is moving higher after reporting its latest quarterly results. The company says momentum has carried into the first quarter, with what it calls an "unseasonably strong" start to the year for dry-bulk markets. John Wobensmith, Chairman and CEO of Genco, joined Bloomberg Open Interest to talk about what's driving the strength and why he's optimistic about 2026.
