Bloomberg News and Videos — Page 642

Sarah Hunt, Chief Market Strategist at Alpine Saxon Woods, discusses the market melt up as earnings and AI enthusiasm push equities higher.

Bond traders are looking to a key jobs report this week to confirm their wagers that the US economy is strong enough to push the Federal Reserve to lift interest rates by next year. Nancy Lazar, Chief Global Economist a Piper Sandler, previews this week's jobs figures and whether or not they'll put the Fed in a position to hike rates.

Meredith Whitney Advisory Group CEO Meredith Whitney says she doesn't think housing demand will be very strong this year with affordable housing remaining the key challenge. She speaks on "Bloomberg Open Interest."

On this episode of Stock Movers with Alexis Christoforous: - Shares of Taylor Morrison Home Corp. (TMHC) soared in premarket trading after Berkshire Hathaway said it will acquire the homebuilder in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. - Shares of MGM Resorts International (MGM) rallied ahead of the US market open after the New York Times' DealBook reported that Barry Diller's People Inc. is preparing an offer to buy its unowned portion of the casino giant at an $18 billion valuation. - Shares of IBM (IBM) jumped in the early session after a video of President Trump praising the company's CEO and discussing the stock at a December event recirculated on social media over the weekend. In the clip, Trump says IBM CEO Arvind Krishna had "taken the stock from a rather low price to a very nice price."

Wall Street may be creating the first market for AI compute. Silicon Data CEO Carmen Li joins Bloomberg Open Interest to explain why AI futures could become as important as oil futures, how companies will hedge higher GPU costs, and why AI token prices are still rising despite more efficient models.

Meredith Whitney Advisory Group CEO Meredith Whitney says the economy is doing "well" amid the expansion of AI and rising inflation on "Bloomberg Open Interest."

French Ambassador for International Investments and President of C4 Industries Pascal Cagni joins Bloomberg's Matt Miller on "Bloomberg Brief" to discuss foreign investments in France as French President Emmanuel Macron announced 93 billion ($108 billion) investment pledges at the "Choose France" summit.

Torsten Slok, chief economist at Apollo, explains what people are getting wrong about the impact of AI on the US labor market.

The artificial-intelligence trade locked in fresh gains on Monday, allowing global equities to shrug off a rebound in oil prices as the US and Iran remained deadlocked over a peace deal. Ozan Tarman, Global Macro Vice Chair at Deutsche Bank joined Stephen Carroll and Lizzy Burden to discuss the the moves in stocks as where Bond yields go from here.

Berkshire Hathaway Inc. is buying Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. The offer of $72.50 per common share represents a 24% premium to the home builder's latest closing price on Friday and is the first major purchase under chief executive Greg Abel. Manuel Baigorri reports on Bloomberg Television.