Expect ETF Market to Consolidate Over Next 5 Years, Says Kevin Mahn
Kevin Mahn, President and CIO at Hennion & Walsh Asset Management, discusses market opportunities amid volatility as well as his view on the ETF space.
Kevin Mahn, President and CIO at Hennion & Walsh Asset Management, discusses market opportunities amid volatility as well as his view on the ETF space.
Kalshi may launch perpetual copper futures to let investors bet on the red metal as the artificial intelligence buildout boosts demand. Chief Risk Officer Udesh Jha talks about the deeper push into precious metals on "Bloomberg Open Interest."
Kate Moore, Citi Wealth chief investment officer, says she's not worried about a recession in the US, but she says a pause in capex spending could "be another shock to sentiment." She speaks on "Bloomberg Open Interest."
Yardeni Research President Edward Yardeni discusses inflation concerns, market optimism, a strong earnings season and personal retirement planning. He speaks with Tom Keene and Scarlet Fu on 'Bloomberg Money.'
On this episode of Stock Movers: - Forte Bioscience (FBRX) is soaring as Argenx SE agreed to buy Forte Biosciences Inc. for about $2.2 billion in cash to expand its portfolio of immunology medicines. - Astrazeneca (AZN) shares rose after it reported higher-than-expected profit, buoyed by blockbuster cancer medicines, with earnings per share rising 21% to $2.63 last quarter. - Paramount Skydance (PSKY) shares are reacting to news that it paused its blockbuster deal for Warner Bros.
A pause in attacks for a third straight day between the US and Iran helped to push down oil prices and boost global stock and bond markets following two weeks of clashes. Tyler Kendall reports on Bloomberg Television.
Nvidia is in talks with OpenAI guarantee $250 billion in financing to help it open a data center in Ohio. OpenAI is already a customer of Nvidia. These deals have raised concerns about circular financing and skewed incentives. Bloomberg's Ed Ludlow reports.
Savita Subramanian, head of US equity and quantitative strategy at BofA Securities, says it seems that the idea that mega-cap tech stocks will continue to lead markets to new highs "is no longer the case."
Lisa Shalett, CIO at Morgan Stanley Wealth Management, sees a changing market narrative around capex spending by mega-cap tech companies ahead of earnings this week Microsoft, Apple, and others.
Nvidia is in discussions to provide a financing guarantee to help OpenAI lease a $500 billion, 10-gigawatt hub that SoftBank Group is overseeing in Ohio, people familiar with the matter said. Peter Elstrom reports on Bloomberg Television.
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