Robert Kaplan, Goldman Sachs Vice Chairman and former Dallas Fed President, says the Federal Reserve was right to not raise interest rates at the meeting in July. He speaks on "Bloomberg Surveillance."
The growth of AI and hyperscalers poses opportunities but also risks, accounting for as much as 30% of net new issuance this year in some indexes if you include Nvidia Corp. which this week attempted to calm credit markets by offering its computing power as a form of securitization. Neil Callanan of Bloomberg News warns that while systemic risk is not imminent, it could materialize if banks become overly exposed to the impact of residual value guarantees or if insurance products linked to them create circular liabilities.
Anthropic is in talks to buy the AI startup Decart, according to people familiar with the matter. Bloomberg Intelligence Senior Analyst Matthew Bloxham explains that Decart's so-called world models could reduce the cost of training AI by making chips more effective and that the deal could provide an important boost to Anthropic's growth.
HSBC economist Liz Martins comments on the outlook for Bank of England policy after the economy unexpectedly expanded in June, buoyed by sunny weather and the football World Cup. She speaks on Bloomberg Television.
HSBC economist Liz Martins comments on the outlook for Bank of England policy after the economy unexpectedly expanded in June, buoyed by sunny weather and the football World Cup. She speaks on Bloomberg Television.
Fabiana Fedeli, CIO of multi-asset at M&G Investments, says the level of concentration in Asian equity indices and the S&P is a concern, but that there are "plenty of opportunities" from a broader market perspective. "There are some real outstanding winners that are not actually in AI," Fedeli tells Bloomberg Television. "There's a lot of comfort that you can actually grow from that."
BitGo reported a 19% increase in second-quarter revenue and growth in assets under custody to US$4.3 billion.
As AI adoption accelerates, India could see a sharp increase in power demand from data centers. On the Emerging podcast, Tata Power CEO Praveer Sinha and India Energy & Climate Center's Mohit Bhargava discuss whether India is in for a grid shock.
"Disruptions will be more prevalent in the future," shipping giant Maersk's CEO Vincent Clerc tells Bloomberg's Guy Johnson and Tom Mackenzie on The Opening Trade citing bottlenecks across Africa, Europe, and China.
Water levels on the Rhine river at Kaub, Germany, have fallen to the lowest since records began in 1880, and could drop further as another heat wave bakes Europe this week. Companies such as Thyssenkrupp, BASF and Lanxess that rely on the waterway have had to adjust rapidly to keep goods flowing. Bloomberg's Oliver Crook reports.
N. Chandrasekaran's resignation has thrust succession planning at the Tata Group into the spotlight at a time of heightened geopolitical uncertainty. Speaking to Paul Allen on Insight with Haslinda Amin, Kavil Ramachandran of the Indian School of Business said leadership transitions are best avoided when conditions are unstable.
ASUS Co-CEO, S.Y. Hsu, says AI server demand remains strong, prompting the company to raise its 2026 growth outlook. He discusses AI infrastructure spending, memory shortages, supply chain challenges, and the outlook for AI servers and PCs. He spoke exclusively with Paul Allen on Insight with Haslinda Amin.
