DeepSeek plans to power a massive data center it's building in Inner Mongolia with at least 160,000 of Huawei Technologies Co.'s top accelerators. Neil Campling reports on Bloomberg Television.
Veronica Clark, US economist at Citi, explains the scenarios she sees for inflation and labor market data that can lead to interest-rate cuts from the Federal Reserve. She speaks on "Bloomberg Brief."
Nouriel Roubini, CEO of Roubini Macro Associates, discusses the outlook for bond markets, the artificial intelligence trade and risks facing markets. "Some people are concerned about this AI being a bubble. That's not my view," Roubini tells Bloomberg's France Lacqua in Cernobbio, Italy. "I think it is a secular increase in capex and potential growth, but some corrections could occur."
Angel Ubide, Citadel's head of economic research for fixed income and macro, discusses the outlook for Federal Reserve policy, Treasuries and the spread between French and Italian bond yields. Ubide talks with Francine Lacqua in Cernobbio, Italy.
Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Beata Manthey, European equity strategy head at Citi, says economic data, earnings revisions and government policy paint a positive picture for European firms. "We argue that actually policymakers are making good steps toward really protecting [the] European economy going forward," Manthey tells Bloomberg Television.
A fresh flare up in tit-for-tat attacks between the US and Iran put the Strait of Hormuz back in focus as gas, oil and other commodity prices rallied this week. With negotiations between the two sides grinding to a halt and Europe nearing the end of summer, dwindling gas storage levels are threatening to intensify a global fight for supply. The Opening Trade spoke with guests about the outlook as governments and consumers face the prospect of higher prices heading into winter.
Volkswagen's supervisory board backed a restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint. The new staff cuts represent about 8% of VW's global workforce as of the end of last year. Bloomberg's Danny Lee reports.
Economists think the European Central Bank will raise interest rates next week but not beyond that. The majority of respondents in a Bloomberg survey expect the deposit rate to be raised by a quarter-point to 2.5% on Thursday and stay there through 2027. The survey results point toward a far more dovish outcome than markets are currently betting on. Bloomberg's Jana Randow breaks down the situation.
Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, ahead of the firm's public filing for its initial public offering. The maker of the Claude chatbot is seeking to raise as much as SpaceX or more in the IPO, people familiar with the preparations said. Morgan Stanley is leading the process, the people said. Bloomberg's Anthony Stephens reports.
Oura's Chief Medical Officer Dr Ricky Bloomfield says their ring will help detect diseases, as the company files for an initial public offering, showing soaring revenue as well as increasing losses.
A range of high-frequency indicators show India's economy is gaining momentum, said World Bank Executive Director Neelkanth Mishra, pushing back against skepticism over GDP data, in an interview with Bloomberg's Haslinda Amin and Menaka Doshi.
