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London Mayor Blames MAGA, Russia for Posts Attacking UK Capital

Francine Lacqua speaks with Mayor of London, Sadiq Khan on SXSW London main stage as the annual business, technology, and creativity gathering kicks off in Shoreditch, London. He breaks down the UK's political environment, London's attractiveness for foreign investment and a recent wave of social media posts talking down the UK capital.

Read more: London Mayor Blames MAGA, Russia for Posts Attacking UK Capital
Bloomberg

Nvidia Is Taking On Intel and AMD With AI Chip for Computers

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era. Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses the move and what it means for the future of computing.

Read more: Nvidia Is Taking On Intel and AMD With AI Chip for Computers
Bloomberg

Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data

Bond traders are looking to a key jobs report this week to confirm their wagers that the US economy is strong enough to push the Federal Reserve to lift interest rates by next year. Nancy Lazar, Chief Global Economist a Piper Sandler, previews this week's jobs figures and whether or not they'll put the Fed in a position to hike rates.

Read more: Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data
Bloomberg

Taylor Morrison Soars on Berkshire Deal; IBM Jumps on Trump Mention | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Shares of Taylor Morrison Home Corp. (TMHC) soared in premarket trading after Berkshire Hathaway said it will acquire the homebuilder in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. - Shares of MGM Resorts International (MGM) rallied ahead of the US market open after the New York Times' DealBook reported that Barry Diller's People Inc. is preparing an offer to buy its unowned portion of the casino giant at an $18 billion valuation. - Shares of IBM (IBM) jumped in the early session after a video of President Trump praising the company's CEO and discussing the stock at a December event recirculated on social media over the weekend. In the clip, Trump says IBM CEO Arvind Krishna had "taken the stock from a rather low price to a very nice price."

Read more: Taylor Morrison Soars on Berkshire Deal; IBM Jumps on Trump Mention | Stock Movers