Bloomberg News and Videos — Page 729

Peace talks with Iran face growing pressure as President Trump heads to China for talks with President Xi, where Iran and trade are expected to be key topics. Leslie Vinjamuri, President & CEO of the Chicago Council on Global Affairs, discusses what to watch on Bloomberg Open Interest.

Carol Schleif, chief market strategist for Bank of Montreal, says the buildout of AI infrastructure is lifting a broad cross section of stocks, not just a handful of tech names. She speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Tech."

Mike Pyle, Deputy Head of BlackRock's Portfolio Management Group joined Bloomberg Open Interest to explain why AI isn't a bubble and how it's  reshaping the global economy. He breaks down the short-term inflation hit vs. long-term productivity boom, and why traditional 60/40 portfolios are failing to diversify in an AI-dominated market. He also warns investors may be underestimating the economic risks from the Iran conflict, global oil disruptions, and the Strait of Hormuz crisis.

Flex CEO Revathi Advaithi joined Bloomberg Open Interest to explain why she is leaving the top job to lead Flex's AI infrastructure spinoff, a $6.5 billion business. She says the opportunity is bigger than just AI data centers. It's a a long-term transformation of power, cooling, and the electrical grid.

KKR just made a bold $300M move to rescue a struggling private credit fund hit by rising bad loans and falling value. With dividend cuts, a junk rating, and growing pressure on the sector, Bloomberg Credit Editor Bruce Douglas explains what's going wrong, and whether KKR's intervention is confidence or damage control.

US citizens who were on the Hondius cruise ship hit by a hantavirus outbreak are now being isolated in Nebraska. One person is in a specialized biocontainment unit after testing positive for the rare respiratory disease. Shares of Moderna are rising after the company said it's working on a vaccine. Sam Fazeli of Bloomberg Intelligence has more.

KKR & Co. is injecting $300 million into a private credit fund it manages with Future Standard, investing $150 million in preferred equity and tender for $150 million of FS KKR Capital Corp. Bruce Douglas reports on Bloomberg Television.

Matt Hornbach, global head of macro strategy at Morgan Stanley, offers his outlook for this week's US inflation data and what it can mean for Federal Reserve policy.

"We're cautious, but not bearish," says Ian Harnett, chief investment strategist at Absolute Strategy Research, as he doesn't see a convincing argument for stagflation to have a negative impact on markets.

Former French Finance Minister Bruno Le Maire argued that Europe urgently needs a stronger more competitive economy and that companies like TotalEnergies should not be more taxed because they benefit from higher oil prices. He also warned about far-left extremism in France, one year ahead of the French presidential elections. Le Maire spoke exclusively with Bloomberg's Francine Lacqua from London.