Nvidia CEO Jensen Huang comments on the sidelines of an event hosted by King Charles III in Scotland about concerns surrounding the mounting risks of artificial intelligence. "You have rigorous testing systems, the testing lab should be contained, and products should not be released to the public until it's ready to be used by the public," Huang says.
Lazard Asset Management CIO Eric Van Nostrand says recent volatility in geopolitics, oil prices and higher rates reinforces Lazard's view that markets are shifting into a new supply-side era, where outcomes are being driven more by supply shocks than by consumer demand. He speaks on "Bloomberg Open Interest."
US Treasuries advanced Thursday as the Federal Reserve's interest rate hike reassured investors that the central bank is determined to tame inflation. Lakshman Achuthan, COO and co-founder at ECRI, reacts to the Fed decision and what comes after the first hike of a rate hike cycle.
On this episode of Stock Movers: - Generac (GNRC) shares are jumping after the company and Amazon execute a long-term supply agreement, with initial deliveries of backup generators expected to total $2.4b in 2027, 2028. - CoreWeave (CRWV) is the most actively traded stock in the premarket as it kicked off a fresh round of fundraising that includes a $3 billion convertible bond issue and a vehicle for potential share sales. - Lockheed Martin (LMT) shares are moving on news the Pentagon and Lockheed Martin have struck a framework agreement for a multi-year production contract for the Joint Advanced Tactical Missile, or JATM.
Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, says another interest-rate hike from the Federal Reserve is in order "unless the data changes pretty dramatically." His opinions are his own.
US stocks rallied alongside Treasuries as falling oil prices lent support to optimism that inflation can be kept under control a day after the Federal Reserve raised interest rates and signaled more tightening to come. Savita Subramanian, Head: US Equity & Quantitative Strategy at Bank of America, discusses raising her already low S&P 500 year end target.
Applications for US unemployment benefits decreased by 10,000 to 196,000 in the week ended Sep. 12, according to Labor Department data released Thursday. Claims fell last week to the lowest level since July, adding to signals of labor market stability. Michael McKee reports on Bloomberg Television.
Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote, sending crypto stocks tumbling. The bill would have handed the CFTC the primary authority to regulate the digital assets industry, but failed to advance with a vote of 49-50. Blockchain Association CEO Summer Mersinger says she is still optimistic that crypto will eventually get the regulatory framework it needs. She joins Ed Ludlow on "Bloomberg Tech."
AtlasClear Holdings (NYSE:ATCH) expects preliminary fiscal 2026 revenue of approximately $20.1 million, up about 85% from $10.9 million in fiscal 2025, according to an update from the company.
Edward Yardeni, president at Yardeni Research, points to geopolitical developments and higher-for-longer oil prices, among other factors, that led him to lower his year-end target for the S&P 500. He says his previous target of 8,400 is more likely to be reached by the middle of next year.
S&P Global (NYSE:SPGI) agreed to acquire OpenZeppelin, a provider of onchain security standards and smart contract technology, in a transaction announced September 17, 2026.
"It doesn't feel like a really robust market environment," says Savita Subramanian, head of US equity and quantitative strategy at BofA Securities. She explains why she expects a pullback in equity markets, despite raising her year-end target for the S&P 500 to 7,400.
