Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, according to people familiar. Hedge funds have been the main target. Mandeep Singh of Bloomberg Intelligence takes a closer look at what companies are doing to try and protect themselves and how stocks could be impacted.
Dan Katz, first deputy managing director at the International Monetary Fund, discusses what steps the Bank of Japan should take to aid the country's currency and assesses the nation's path forward for monetary policy. He speaks with Bloomberg Television's Jennifer Zabasajja from Cape Town, South Africa.
Elf Beauty Chief Executive Officer Tarang Amin says the company is excited about expanding into hair care products. It launched a new partnership with Target in June. Amin talks about that and the latest earnings report on "Bloomberg The Close."
Viktor Hjort, global head of credit strategy & desks analysts at BNP Paribas, joins Scarlet Fu on "Bloomberg Real Yield." They discuss how sectors outside of big tech have been selling debt at a slower pace.
Oksana Aronov, head of market strategy, alternative fixed income, JPMorgan Asset Management, joins Scarlet Fu on "Bloomberg Real Yield." They discuss the potential for rate hikes if inflation continues as well as how TBill issuance is impacting market volatility.
Senate Republicans are juggling demands around a stopgap funding bill, the president's nominees, Russia sanctions, college sports, cryptocurrency, and a party-line budget bill all with their eyes on the exits as the scheduled recess looms. Patrick McHenry, Former Republican Congressman from North Carolina, Former House Financial Services Committee Chairman and Bloomberg Contributor join Balance of Power to discuss.
President Donald Trump defended Pete Hegseth after a report about a disagreement over dwindling US weapons stockpiles raised questions about the Pentagon chief's future in the administration. "I am extremely happy with the job that Pete Hegseth is doing," Trump said in a social media post Thursday. "Everything has been extraordinary, including our attack on Venezuela" and likewise in Iran, "where the country has been decimated." Richard Haass, Council on Foreign Relations President Emeritus joins Balance of Power to discuss.
Bloomberg's Liam Knox joins Scarlet Fu on "Bloomberg Real Yield." Thousands of faculty members are urging the UC system to reconsider its test-free admissions policy. They argue that more students are arriving underprepared for college-level work since the system stopped considering SAT and ACT scores in 2020.
OpenAI said the artificial intelligence models behind an attack on Hugging Face Inc. began communicating with each other through undetected message boards, working together to break out of their testing environment as early as May. Bloomberg's Michael Shepard joins Balance of Power to discuss.
Figma delivered another quarter of accelerating growth as customers deepen their investment in AI-powered design and development tools. CEO Dylan Field joins Bloomberg to discuss how enterprises are adapting their AI workflows and why Figma is investing aggressively in AI agents and code generation. He joins Ed Ludlow on "Bloomberg Tech."
Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to explain why hyperscaler demand remains strong and how the company is increasing hard drive capacity. He says long-term supply agreements suggest AI's storage needs will continue to grow well into the next decade. He joins Ed Ludlow on "Bloomberg Tech."
Bloomberg's Nic Querolo joins Scarlet Fu on "Bloomberg Real Yield." A period of financial recovery for US hospitals is coming to an end as healthcare systems brace for the full force of federal policy changes and a wave of aging baby boomers.
