The world's tech billionaires made a combined $845 billion through Sept. 30. US tech billionaires make up 36% of the newly relaunched Bloomberg Billionaires Index. Elon Musk tops the list. Bloomberg's Dylan Sloan reports.
CH Robinson Worldwide agreed to buy trucking brokerage firm RXO in a deal centered around a bet that artificial intelligence can help the companies improve efficiency in a challenging freight market. Liana Baker has more on "Bloomberg Open Interest."
Michael J. Wolf, co-founder and CEO of Activate joined Bloomberg Open Interest to break down the $110B Skydance Paramount merger, how cable still "banks" streaming, and why AI is reshaping costs, jobs, and growth across corporate America, before the real gains ever hit the bottom line.
Oil fluctuated in jittery trading, as Saudi Arabia cut prices of its benchmark grade to Asia, the kingdom's state producer warned about the risk of low stockpiles and as fighting in Yemen intensified. Martijn Rats, Global Commodities Strategist at Morgan Stanley, discusses upside oil risks amid broader Middle East fighting.
A drop in oil prices brought some relief to Wall Street, tempering concerns over Europe's public finances that sent the euro to its weakest level since May 2025. Jack Manley, Global Market Strategist at JPMorgan Asset Management, discusses Euro contagion risk, the Fed, and outlook for US equities and bonds.
On this episode of Stock Movers: - PTC (PTC) shares are rallying as Schneider Electric agreed to buy PTC for about $22.6 billion in an all-cash deal to tap into the artificial-intelligence boom. - Qualcomm (QCOM) shares are higher as the company agreed to license patents underpinning Huawei Technologies Co.'s novel LogicFolding chipmaking technique. - Taiwan Semiconductor (TSM) shares are gaining with sentiment boosted by discussions between the Taiwanese chip giant and Elon Musk's Terafab on potential collaboration
Earl Davis, BMO Global Asset Management fixed income and money markets head, says it's inevitable that 30-year treasury bond yields will cross 6%. He says it could happen this month and explains the call on "Bloomberg Surveillance."
Nicol Turner Lee, Senior Fellow of Governance Studies at the Brookings Institution joins "Bloomberg Brief" to discuss the impact of data centers on voters as the midterm elections come closer.
German robotics startup RobCo has surpassed a $1 billion valuation as investors rally behind physical AI companies. CEO and co-founder Roman Hölzl joins Bloomberg's Tom Mackenzie, Anna Edwards, and Guy Johnson on "The Opening Trade" to discuss before returning to San Francisco.
Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil's presidential election. Bolsonaro took about 47% of the vote to Lula's roughly 45% with counting nearly complete. The two candidates will face off on Oct. 25. Brazilian assets are expected to surge when markets open Monday on signs that Bolsonaro is poised for victory. Bloomberg's Julia Leite reports.
Citi Group's Luis Costa, EM Strategy and Global Head, joins Bloomberg's Guy Johnson, Anna Edwards, and Tom Mackenzie on "The Opening Trade" to discuss the market reaction to Brazil's election as Flávio Bolsonaro wins the first round.
Vivek Paul, global head of portfolio research at BlackRock International, discusses the impact of rising bond yields on other asset classes. "If this is yields being driven by effectively greater growth prospects, by the AI wave etc., that doesn't need to be bad news for markets," Paul says on Bloomberg Television.
