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Bloomberg

Goldman's Minnis Sees 'Generational' AI Shift Fueling Markets

Christina Minnis, global head of the alternatives origination group at Goldman Sachs, says lines are blurring between different businesses, noting that businesses such as structured products, investment-grade debt and leveraged finance sit on one floor at Goldman Sachs. She speaks at the Bloomberg Global Credit Forum in New York.

Read more: Goldman's Minnis Sees 'Generational' AI Shift Fueling Markets
Bloomberg

S&P 500 Tops 7,600 as AI Fuels Nine-Day Win Streak

A renewed advance in oil sent stocks lower as bond yields rose on concern that an escalation of hostilities between the US and Iran will hinder prospects for a peace deal. As equities fell from all-time highs, the S&P 500 snapped a nine-day winning streak. Tech shares led losses, with a closely watched ETF tracking software firms dropping 3.5%. Dean Curnutt, founder at Macro Risk Advisors, discusses how the markets are reacting to geopolitical tensions and AI investment interest.

Read more: S&P 500 Tops 7,600 as AI Fuels Nine-Day Win Streak