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Bloomberg

How AI Creates Jobs

Lisa Simon, Chief Economist at Revelio Labs joined Bloomberg Open Interest to explain why a weaker-than-expected jobs report doesn't tell the whole story. Using hiring data from LinkedIn, Glassdoor, H-1B visa filings, she argues AI is helping fuel hiring, She explains why companies investing most heavily in AI are expanding both entry-level and experienced roles.

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Bloomberg

Kayne Anderson CEO on Bridgepoint Deal

Bridgepoint is making a $1.4 billion bet on US real estate. Kayne Anderson Real Estate Co-Founder and CEO Al Rabil says it's all about preparing for a "10-year supercycle." He joins Open Interest to explain why AI infrastructure, healthcare real estate, and long-term demographic trends are creating massive investment opportunities, and why the merger preserves his firm's autonomy while unlocking far more capital.

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Bloomberg

US Hiring Slows Sharply, Curbing Job-Market Momentum

US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year.  Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed. Claudia Sahm, Chief Economist at New Century Advisors, reacts to the report.

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Bloomberg

Google Loses EU Antitrust Fight; Softbank Moves on Computing Power | Stock Movers

On this episode of Stock Movers: - SoftBank (SFTBY) shares are responding to news that it is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources. - Shares of Alphabet/Google (GOOG) are responding to the company losing its long-running fight against a 4.1 billion ($4.7 billion) European Union antitrust fine after the bloc's top judges said regulators were right to punish the US giant for abusing Android's market power.

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