Pimco President Christian Stracke says the financing of digital infrastructure is only in the early innings. Speaking on "Bloomberg Open Interest," Stracke also discusses the risks in the lending market, the private credit "confidence gap" and where he sees financing opportunities in the current environment.
Stagwell CEO Mark Penn joined Bloomberg Open Interest to explain how AI is helping the marketing challenger win major global clients and deliver everything from smarter targeting to faster production. He argues that AI won't replace agencies because managing thousands of enterprise campaigns still demands technology, creativity and human expertise.
The yen rallied sharply on Monday amid speculation that authorities may have intervened to prop up the currency again after coordinated action between the US and Japan last week. Sonja Marten, Chief Economist at DZ Bank, discusses the global market reaction to the US and Japan taking action on the yen.
On this episode of Stock Movers: - Bristol-Myers Squibb (SQB) shares are surging on news AstraZeneca (AZN), whose shares are lower, is exploring an acquisition of Bristol-Myers Squibb. - Tyson (TSN) shares are dropping after the protein producer reported a 3Q sales shortfall, driven by a 16% reduction in beef sales volume, and cut its total company and beef profit forecasts for the full year. - SpaceX (SPCX) shares are moving as investors in the company prepare for its first earnings report as a public company.
Carrier Global (NYSE:CARR) completed the sale of NORESCO to OPTERRA Energy Services, transferring the business to an LS Power subsidiary.
AstraZeneca shares plunged Monday on news that the drugmaker was exploring an acquisition of Bristol Meyers Squibb. A deal would create one of the world's biggest drugmakers. Sam Fazeli of Bloomberg Intelligence says a takeover would make no sense.
Two Republican senators are backing a deal with acting Attorney General Todd Blanche to formally rescind an order creating an "anti-weaponization fund," likely paving the way for Blanche's confirmation as the nation's top law enforcement officer. Jeff Mason reports on Bloomberg Television.
US and Japanese officials warned investors they're determined to keep defending the yen after their first joint intervention in 15 years. The yen surged Monday morning. Bloomberg's Cameron Crise talks about what the US and Japan hope to achieve.
Alexander’s (NYSE:ALX) reported Q2 net income of $155.4 million, or $30.24 per diluted share, following a major property-sale gain.
Giftify (NASDAQ:GIFT) reported Q2 gross billings of $45.5 million, up 26.2%, while net sales increased 4.0% to $21.7 million.
Douglas Dynamics (NYSE:PLOW) announced its financial results for the second quarter of 2026, reporting record net sales of $214.6 million.
TG Therapeutics (NASDAQ:TGTX) reported Q2 global revenue of $240.3 million as U.S. BRIUMVI sales increased 64% to $227.7 million.
