McDonald's Corp.'s plan to overhaul its restaurants and menu is sparking angst among US franchisees facing upgrades that will cost at least $800,000 per location. Bloomberg's Michael Halen joins to discuss this as well as the recent stock plunge from Texas Roadhouse.
Elon Musk's SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp., people familiar with the matter said, in what would be among the biggest-ever debt financings for the AI buildout. joins to discuss this and the latest from Apple.
Brian Ruder, co-CEO and co-managing partner at Permira, joins Dani Burger on "Bloomberg Deals." They discuss IPOs, software companies exploring agentic AI development, and challenges financial firms face in appealing to up-and-coming talent.
America's AI edge depends on who controls compute. Anjney Midha, the CEO of National Compute, joined Bloomberg Open Interest to talk about his plans to turn AI infrastructure into a shared national grid, opening powerful chips to students, researchers, and startups across the country.
On this episode of Stock Movers: - Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand. - SpaceX (SPCX) shares are lower this morning as Elon Musk's SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. SpaceX's fundraising discussions are in an early stage and could end without a deal being completed, with Pacific Investment Management Co. and Apollo Global Management Inc. involved. - Intel (INTC) shares are higher as CEO Lip-Bu Tan said the company will continue working with Elon Musk on Terafab.
A record-breaking run in stocks hit a wall as higher oil prices lifted bond yields, stoking concerns that potential inflationary pressures could trigger Federal Reserve rate hikes. Chuck Clough, Chairman at Clough Capital, discusses what he's seeing in current markets and whether we're facing an AI bubble.
Apollo's Co-Head of Corporate Credit John Cortese says to expect $100 trillion in debt financing in the next decade. Cortese also says that 20% of that will be in building out AI digital infrastructure. Cortese speaks with Bloomberg's Dani Burger.
US Treasuries resumed their retreat, lifting the 30-year yield back to its highest since 2002 as climbing oil prices raised concern about faster inflation and more central bank interest-rate increases. Vishal Khanduja, Head of Broad Markets Fixed Income at Morgan Stanley Investment Management, discusses credit spreads and whether or not yields will soon peak.
Apollo is pushing to make private credit more transparent and easier to trade. The firm has now traded more than $35 billion of private credit and is putting daily valuations on an $850 billion portfolio. John Cortese, Co-Head of Corporate Credit at Apollo Asset Management, discusses the effort on Bloomberg Open Interest.
Meta's Muse has topped 6.6 million downloads since its Sept. 8 launch and reached 1.8 million daily active users, as consumers show they're ready to hand over their personal information for a chance at some AI assistance. Seema Shah, VP: Insights at Sensor Tower, discusses the growth of personal AI agents, Zuckerberg's Muse, and the broader AI market.
Elon Musk's SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. Sarah Frier has more on "Bloomberg Open Interest."
Simon Leopold, Raymond James equity analyst, sees shares Nvidia rising to $515. The stock is trading near a record high with SpaceX reportedly in talks to raise $40 billion to buy Nvidia chips. Leopold is on "Bloomberg Surveillance."
