Helen Jewell, CIO of fundamental equities international at BlackRock, says that portfolio diversification is key to riding out the volatile artificial intelligence trade. "It's so important that portfolios are constructed utilizing other parts of the market," Jewell tells Bloomberg Television. "The UK, the European banks, the health care stocks. Not just being really focused on that one sector."
Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick. Personnel have already boarded the Caroline Bezengi, a Suezmax that has grounded off Oman's southern coast. Dimitris Maniatis, CEO of maritime risk management firm Marisks spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the short & long-term consequences of such a spill.
Singapore equities are among the world's best performers as strong economic growth, resilient bank earnings and a stronger Singapore dollar attract investors. While some fund managers see further upside, others warn valuations have become increasingly stretched after a multi-year rally.
Sri Lankan inflation will likely slow back toward the central bank's target over the second half of this year and into next year, central bank Governor Nandalal Weerasinghe tells Bloomberg Television in Sydney. He adds that changes to oil prices remain a risk factor in projections.
Bitcoin (CRYPTO:BTC) has recorded a negative Coinbase Premium Index for 90 days, according to CoinGlass data.
Tokenised Pokémon cards are gaining attention as collectors trade physical cards through blockchain-based platforms.
Mark Cuban said chips could become a new asset class as demand for AI computing grows.
Hong Kong’s first two stablecoin licences have created two different approaches to tokenised money.
Robert Kiyosaki said silver was his preferred metal as US public debt approached $40 trillion.
XRP (CRYPTO:XRP) ETFs recorded $2.25 million in net inflows last week, according to SoSoValue data.
SafePal said a security incident exposed order information belonging to about 39,798 customers.
