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Bloomberg
Financial

Pimco Sees Fed on Hold Through 2026 as Inflation Moderates

Marc Seidner, CIO for non-traditional strategies at Pimco, discusses the outlook for inflation, the US economy and Federal Reserve policy. "We're much less fussed about about the inflation outlook on a forward-looking basis than I think many in the market," Seidner tells Bloomberg Television.

Read more: Pimco Sees Fed on Hold Through 2026 as Inflation Moderates
Bloomberg
Financial

Tech Investments Boost Norway's Sovereign Wealth Fund

Norway's sovereign wealth fund delivered its strongest quarterly performance in six years, driven by its exposure to major technology companies including Nvidia Corp., Apple Inc., and Microsoft Corp. Additionally, the fund's CEO Nicolai Tangen highlighted the positive impact of Asian tech stocks on overall profits. Bloomberg'sHeidi Taksdal Skjeseth reports.

Read more: Tech Investments Boost Norway's Sovereign Wealth Fund
Bloomberg
Financial

Presight CEO: AI Productivity Needed Despite Conflict

Abu Dhabi-listed Presight says 2Q profits jumped 30% on contract renewals and an expanding international footprint. Revenue for the same period jumped 36% to AED 713 million. Thomas Pramotedham, CEO of Presight spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the company's future plans.

Read more: Presight CEO: AI Productivity Needed Despite Conflict