Bloomberg News and Videos — Page 489

Julia Hermann, Global Market Strategist at New York Life Investment Management, says financials have been "less loved" by the market, but she says the sector is not strapped for cash and is a high quality area of the market. She speaks on "Bloomberg Open Interest."

Estonia's Prime Minister Kristen Michal said the NATO summit in Ankara, Turkey, has been a positive one. He also said his country would be willing to contribute to efforts securing free passage through the Strait of Hormuz. Michal spoke to Bloomberg's Oliver Crook on the sidelines of the summit.

Ed Yardeni, president of Yardeni Research, says the flare-up of fighting with Iran rekindles market concern that rising oil prices will stoke inflation -- and force the Federal Reserve to hike interest rates. He speaks on Bloomberg Television's ``Surveillance.''

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

Christian Mueller-Glissmann, managing director for portfolio strategy and asset allocation at Goldman Sachs, says the levered positioning toward semiconductors got a bit "extreme" and that the trend is reversing. "The hyperscalers are quite well-positioned right now because they still own a lot of the infrastructure," Mueller-Glissmann tells Bloomberg Television.

Turkey's $37 billion state-run defense contractor Aselsan Elektronik Sanayi ve Ticaret AS said international orders have doubled in the past year on the back of demand fueled by the conflicts in Ukraine and the Middle East. Aselsan CEO Ahmet Akyol spoke Tuesday with Bloomberg's Annmarie Hordern at the NATO Summit in Ankara, Turkey.

A group of Ugandan farmers will file a lawsuit in the UK High Court against the East African nation's crude pipeline, potentially delaying exports. Bloomberg's Jennifer Zabasajja reports.

Cao Xudong, founder, chairperson and CEO of Momenta Global, says the autonomous-driving company is targeting breakeven next year and profitability by 2028. He also discusses plans to use proceeds of its IPO to expand AI computing capacity. Cao speaks exclusively on Bloomberg: The China Show.

A clutch of growing industries, including artificial intelligence, are the key focus of investment for Bain Capital LP Senior Adviser Steve Pagliuca. He says AI is entering a 10-to-20-year growth phase as it shifts from theoretical applications to physical deployment across sectors. The Boston Celtics co-owner owner also talks about the rising valuations of professional franchises with Bloomberg's Michelle Davis on the sidelines of the Allen & Co Inc. conference in Sun Valley, Idaho. They spoke on Tuesday.

Joe Hession, CEO and co-founder of SnowCloud, and Doug Pierini, CEO of Jackson Hole Mountain Resort, discussed efforts to move customer relations including sales and guest information on one platform. Pierini, whose resort uses SnowCloud, said that it has enhanced guest experiences now that guests expect to be able to buy anywhere they can use their phone.