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Is Miami the New Wall Street?

Miami is rapidly transforming into the new financial capital of the US as MIAX CEO Thomas Gallagher joins a special edition of Bloomberg Open Interest to explain why Wall Street firms, top traders, and major capital are migrating south. Backed by cutting-edge tech and a Bloomberg partnership, MIAX is betting big on futures, options, and Miami's long-term dominance.

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Bloomberg

Investors Need Proof of Meta's Spending Paying Off: Feeney

JoAnne Feeney, portfolio manager & partner at Advisors Capital Management. joins Scarlet Fu on "Bloomberg Markets." Meta Platforms shares plunged by the most in six months after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment that CEO Mark Zuckerberg is making to catch up in the artificial intelligence race won't pay off.

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Bloomberg

SpaceX Holder 137's Stake at 1%, Tops $10 Billion Value

Investor 137 Ventures has around $10 billion in SpaceX after writing multiple checks backing the Elon Musk-led company. Ahead of SpaceX's IPO, Justin Fishner-Wolfson, founder and managing partner at 137 Ventures, discusses the expected windfall and two new funds the VC firm has raised to back startups and founders staying private longer. He speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

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Bloomberg

Hassett on Powell Staying at Fed, Inflation and Oil Spike

National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.

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