Bloomberg News and Videos — Page 178

On this episode of Stock Movers: - Fiserv (FISV) is climbing as the Wall Street Journal reports big banks including JPMorgan Chase, Bank of America, Wells Fargo and PNC Financial Services Group have held preliminary discussions about a deal to acquire a network owned by the financial-technology company Fiserv. - Crinetics Pharmaceuticals (CRNC) is soaring after Vertex Pharmaceuticals agreed to buy Crinetics for $10 billion in cash to expand into endocrinology. - SpaceX (SPCX) is lower even though at least six brokers, including Morgan Stanley and Goldman Sachs, have started coverage of SpaceX with buy-equivalent ratings. SpaceX's addition to the Nasdaq 100 should provide considerable support to the stock, considering the number of funds that track the tech-heavy benchmark.

Amazon.com is looking to raise at least $25 billion from a US dollar bond sale, its latest funding push as the company ramps up investment in AI infrastructure. Robert Schiffman and Ed Ludlow have more on "Bloomberg Open Interest."

SpaceX joins the Nasdaq 100 Index Tuesday and many analysts are saying buy the stock. But Nicholas Owens of Morningstar has a sell rating and price target of $62. He says shares are overvalued. He speaks on "Bloomberg Surveillance."

Julian Emanuel, Evercore ISI chief equity and quantitative strategist, doesn't believe the Federal Reserve will move on interest rates this year. Emanuel is maintaining his S&P 500 year-end price target of 7,750 even though stocks have become more volatile. He speaks on "Bloomberg Surveillance."

President Donald Trump lands in Ankara, Turkey for the NATO summit where he will start the day visiting with Turkish President Recep Tayyip Erdogan. Bloomberg's Annmarie Hordern is on the ground with the latest.

Latvian Foreign Minister Baiba Braze tells Bloomberg Television Russia is attempting "all types of provocations" as the war in Ukraine continues. Braze speaks with Bloomberg's Oliver Crook on the sidelines of the NATO Summit in Ankara, Turkey.

American Graduate School of Paris professor Douglas Yates discusses the possible outcomes of Marine Le Pen's appeal trial and implications for the next French presidential elections. He spoke with Bloomberg's Caroline Connan in Paris.

Laura Cooper, global investment strategist and macro credit head at Nuveen, discusses the outlook for equity markets and why she sees the potential for a rotation back into hyperscalers. "Valuations have come off, we're now seeing revenue growth have a slight upturn going forward, and we've seen several weeks of consecutive outflows," Cooper tells Bloomberg Television.

Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Abu Dhabi's Mubadala Investment Co. is opening up one of its largest investment businesses to outside investors for the first time, Dinesh Nair reports.