Bloomberg News and Videos — Page 30

Hayley Channer, Economic Security Program Director at US Studies Centre, discusses the outlook for the US midterm elections and Australia's strategic autonomy. She speaks with Haidi Stroud-Watts on the sidelines of the Citi ANZ Investment Conference in Sydney.

Nathan Sheets, Global Chief Economist at Citi, discusses the bank's forecast for global growth amid rising energy costs, persistent inflation and disruptions from AI. He speaks with Haidi Stroud Watts on the sidelines of the Citi ANZ Investment Conference in Sydney on "Bloomberg: The Asia Trade".

Ankur Crawford, a Portfolio Manager at Alger and Former Intel Engineer, said recent market nervousness around AI including concerns tied to CoreWeave does not reflect the strength of underlying adoption and infrastructure demand. She described a striking gap between stock performance and on-the-ground fundamentals, while noting that returns from AI investment will take time and that debt, supply-chain bottlenecks, labor shortages and power constraints could slow the buildout. She speaks with Romaine Bostick on "The Close."

Amazon and American Electric Power are evaluating plans for a 960-megawatt nuclear plant in Indiana using 12 small reactors designed by X-Energy. X-Energy CEO Clay Sell says the companies have held substantial discussions for several months, and AEP has begun early site work and community engagement. He speaks with Romaine Bostick & Bailey Lipschultz on "The Close."

Dan Ives, partner and senior managing director at Yorkville, Ives, and Company, says the upcoming earnings from major technology companies will be an important test of confidence in AI. He also talks about giving investors a chance to invest in private ai companies.

Tenstorrent CEO Jim Keller discussed the chip startup's $1.5 billion funding round, which values the company at about $6.2 billion. He said the company is focused on scaling its Galaxy server program and developing AI intellectual property, rather than pursuing a sale. He speaks with Romaine Bostick & Bailey Lipschultz on "The Close."

Warren Buffett, chairman emeritus of Berkshire Hathaway, is worth $150 billion, according to the Bloomberg Billionaires Index. Until recently, a longtime favorite of his, Bill Gates, was taking care of giving most of the money away through his behemoth global foundation. Then came the revelations about Gates' relationship with Jeffrey Epstein. Now, it's Buffett's three children that will inherit the task of distributing his enormous wealth. Bloomberg News' Wealth Reporter Sophie Alexander and US Insurance Reporter Alex Rajbhandari spoke with Susie, Howard, and Peter about their plans for their Dad's legacy.

Meredith Whitney, CEO of the Meredith Whitney Advisory Group, says many retailers will struggle during this earnings season because because household costs have been rising since the start of the Iran war. She speaks on "Bloomberg The Close."

David Kelly, chief global strategist at JPMorgan Asset Management, and Stephen Parker, co-head of global investment strategy at JPMorgan Private Bank, discuss their latest Long-Term Capital Market Assumptions report, which projects about 7% annual returns for 60/40 portfolios over the next 10 15 years. They speak on "Bloomberg The Close."

Powered by Elon Musk's $178 million in donations, two Republican super political action committees raked in $367 million in the third quarter, adding to the prodigious financial advantage the GOP enjoys even as its odds for holding its House and Senate majorities grow longer. The Senate Leadership Fund reported $273 million in fundraising, according to Thursday filings with the Federal Election Commission, a total that includes $158 million in contributions from Musk as well as seven-figure donations from billionaires Stephen Schwarzman, Joe Ricketts and Stephen Wynn. For more, we speak with Bill Allison, Bloomberg News Campaign Finance Reporter.