Tech Has Become Value in Markets, Julian Emanuel Says
Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, sees "exceptional earnings and reasonable valuations" driving investors to tech stocks.
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Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, sees "exceptional earnings and reasonable valuations" driving investors to tech stocks.
BitGo recorded a deeper first-quarter loss even as revenue more than doubled from the same period a year earlier.
The US and China need each other, and Presidents Donald Trump and Xi Jinping recognize that maintaining a conversation and a degree of cordiality is important, according to Franklin Templeton CEO Jenny Johnson. She also said markets are underestimating inflation risk and expressed concern about the pace of data center investments. Johnson made the comments in an interview with Bloomberg Television's Francine Lacqua during The Pulse.
US President Donald Trump extends an invitation to China's President Xi Jinping to visit the White House on September 24. Trump spoke at a banquet in Beijing on Thursday.
DP World is continuing its expansion plans for ports and infrastructure from Mozambique to Congo. Mohammed Akoojee, DP World's managing director for sub-Saharan Africa, spoke to Bloomberg's Ondiro Oganga.
Binance has announced another token cleanup after confirming that 20 cryptocurrencies will be removed from its Alpha platform.
The Bank of England has eased parts of its proposed stablecoin framework as the UK tries to protect financial stability while keeping digital asset firms within its market.
Franklin Templeton Chief Executive Officer Jenny Johnson says that the US economy is "still very healthy" and there are reasons for the "euphoria" around markets. Speaking on Bloomberg Television, Johnson also warns of inflation risks, saying that "the reality of inflation is it's sticky" and markets are underestimating the reality of it.
Daman Virtual co-founder Ahmed Ismail said institutional adoption of digital assets in the UAE remains constrained by banking friction, custody concerns and operational readiness despite Dubai’s growing reputation as a regulated crypto hub.
Panmure Liberum economist Simon French discusses the UK economy and the political crisis surrounding Prime Minister Keir Starmer. Gross domestic product grew 0.6% in the first quarter, a jump from the 0.2% in the previous three months and the fastest expansion for a year. French speaks on Bloomberg Television.
XRP became the most-traded cryptocurrency on South Korea’s largest exchange, Upbit, after the XRP/KRW pair generated approximately $110.9 million in 24-hour trading volume, surpassing Bitcoin and Ethereum.
Investors withdrew approximately $635 million from US-listed spot Bitcoin exchange-traded funds on Wednesday, marking the largest single-day net outflow since January 29 and signalling weakening momentum in one of the market’s most closely watched institutional demand indicators.
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