Bloomberg News and Videos — Page 224

Daan Struyven, co-head of global commodities research at Goldman Sachs, explains the three reasons why oil prices are coming down so quickly following the US and Iran reaching an interim peace agreement and says analysts and investors "underappreciated the flexibility" in global oil markets during the conflict.

Dan Ives, global head of tech research and senior equity analyst at Wedbush Securities, discusses the importance of Wednesday's earnings from Micron Technologies, tech spending on capex and the AI buildout, and how he views public-private partnerships on AI companies.

SK Hynix Inc. is planning to raise $29.4 billion (45.45 trillion won) in a landmark US listing and expects trading to start on July 10, according to a regulatory filing on Wednesday. The deal, depending on the exchange rate, could be among the top five share sales of all time. Peter Elstrom reports on Bloomberg Television.

Abu Dhabi's MGX has raised close to $50 billion from regional and global investors, marking one of the biggest ever dedicated AI investment vehicles. Nandu Nair reports.

Max Kettner, chief multi-asset strategist at HSBC, says investors may want to be "perhaps really leaning a bit more into that European story," as he sees an August expiration date on US exceptionalism.

Saint-Gobain CEO Benoit Bazin tells Bloomberg Television that labor bottlenecks are limiting data center build-out in North America, a development that's coming to Europe. Saint-Gobain manufactures glass products and construction materials.

Ifo President Clemens Fuest discusses the institute's latest survey results which indicated a modest rise in German business confidence for June, easing worries about the knock-on effects of the Iran war on Europe's largest economy. "There's this combination of structural factors and macroeconomic shocks hitting the German economy, meaning it will take time to recover," Fuest tells Bloomberg Television.

JPMorgan Global Research Chair Joyce Chang discusses the outlook for technology stocks, explaining why she thinks the AI capex-beneficiary story "remains one that's still very much intact." Speaking on Bloomberg Television, Chang says retail flows indicate "there is still a sentiment to buy the dips."

UBS Chief European Equity Strategist and Head of Derivates Gerry Fowler discusses the factors behind the tech selloff and where he sees value in markets. "You're going to get volatility this isn't the first time we've seen this," Fowler tells Bloomberg Television. "It's an artifice of market structure that I suspect is not going away."

Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."