Glenn August, Founder and CEO of Oak Hill Advisors, discusses a recent filing that caught attention. August discusses whether OHA is making a real move into AI infrastructure, noting that the filing referred to real asset lending. He speaks with Romaine Bostick on "The Close."
Tag Greason, Co-CEO of QTS discusses the growing political and environmental backlash facing data center expansion. Greason says the AI boom is fundamentally an infrastructure buildout, and argues that U.S. leadership in AI depends on infrastructure leadership. He speaks with Romaine Bostick on "The Close."
Catherine Clay, CEO of S&P Dow Jones Indices, discusses the upcoming S&P reconstitution and rebalance, noting that the process is fully transparent and routine. She says market participants already know which names are entering and leaving the index, including Bloom Energy, Illumina and Everpure joining the S&P this month, and have ample time to adjust portfolios accordingly. She speaks with Romaine Bostick & Tyler Kendall on "The Close."
John Sculley, Zeta Global vice chairman emeritus and former Apple CEO, reacts to Apple's new iPhone Duo, the company's first foldable smartphone, which will have a 7.6-inch display when unfolded and a 5.4-inch outer screen. He speaks on "Bloomberg The Close."
Ajay Shah, chairman of global technology investment banking at Deutsche Bank Securities, joins Scarlet Fu on "Bloomberg Deals." An AI researcher has resigned from Anthropic and called on other staffers to rethink their work, citing his concern that the company and its top competitor OpenAI are acting irresponsibly in their all-out pursuit of a technology that poses existential risks to humanity.
J.K. Symancyk, CEO of Signet Jewelers, said the company feels confident after raising guidance for a second time this year, pointing to solid fundamentals, five positive comparable-sales quarters in the last six, and momentum heading into the important fourth quarter. He said Wall Street had expected a guidance boost, but Signet's confidence is based on broad business strength rather than a one-time benefit. He speaks with Romaine Bostick & Tyler Kendall on "The Close."
Bloomberg's Matt Monks joins Scarlet Fu on "Bloomberg Deals." Palmer Square Capital Management is a $37 billion credit firm run by the husband-wife duo Chris and Angie Long. And the couple is exploring a sale of the business. Under their leadership, the firm has grown to become one of the biggest issuers of collateralized loan obligations.
Hisham Elhaddad, co-founder and managing partner of HOF Capital, joins Scarlet Fu on "Bloomberg Deals." Porsche said it will generate about 1 billion ($1.16 billion) from the sale of its stake in the venture that owns the Bugatti supercar brand. Under the transaction, Porsche fully divested its equity stake in Bugatti Rimac and its 20.6% holding in Rimac Group. Porsche closed the sale to a consortium led by HOF Capital.
Lise Buyer, partner and founder at Class V Group, Ajay Shah, chairman of global technology investment banking at Deutsche Bank Securities, and Matt Kennedy, senior strategist at Renaissance Capital, joins Scarlet Fu on "Bloomberg Deals." Anthropic is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the AI firm's public filing for its highly anticipated IPO.
Chime CEO Chris Britt joins Scarlet Fu on "Bloomberg Deals." Chime Financial struck a deal to buy Stride Bank for $590 million in cash, snapping up its longtime partner as the fintech streamlines its operations.
Republican candidate for Congress in Arizona Jay Feely said that he is transparent with voters in Arizona and will embrace President Trump's endorsement in the general election as he prepares to speak at the RNC midterm convention. Feely, who is a former NFL kicker, said that while he is sure many people will watch the start of the NFL season over the convention, he believes people will tune in to see Republican midterm messaging.
Bloomberg's Mengqi Sun joins Scarlet Fu on "Bloomberg Deals." A significant shareholder in Xerox is pushing the company to take action to unlock shareholder value and is asking for a strategic review of its financial services business.
