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Bloomberg

Public Investors Missed the AI Growth, Baillie Gifford's Singlehurst Says

SpaceX, Anthropic, and OpenAI are among the high-valuation companies expected to go public in the coming months. But Peter Singlehurst, head of the private companies team at Baillie Gifford, says public market investors have already missed out on a lot of growth. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Leia mais: Public Investors Missed the AI Growth, Baillie Gifford's Singlehurst Says
Bloomberg

Two Months to get Oil Back Online is 'Optimistic,' Says Rebecca Babin

Rebecca Babin, senior equity trader and managing director at CIBC Private Wealth, said that the markets are using a two month base case as the predicted time it would take to get oil production back up and running after the end of war with Iran, a timeline she finds 'optimistic.' Babin said that even if US oil exports grows to 5 million barrels a day, it still won't be enough to fill in the supply lost to the closure of the Strait of Hormuz.

Leia mais: Two Months to get Oil Back Online is 'Optimistic,' Says Rebecca Babin
Bloomberg

Goldman Bond Trading Miss Outweighs Equity Record

Bloomberg Intelligence Financials Analyst, Neil Sipes discusses Goldman Sachs' earnings out before the bell Monday. Goldman Sachs Group Inc. shares fell after the bank reported a surprise drop in bond-trading revenue, casting a shadow over what was another record quarter from the firm's equities team. Fixed-income, currency and commodities revenue was $4.01 billion for the first quarter, according to a statement Monday. That was more than $800 million below the consensus of analyst estimates compiled by Bloomberg and 10% less than the same period last year. The bank also warned investors that its backlog of fees decreased slightly compared to the previous quarter. Shares of the company slumped 4.2% to $869.88 at 9:33 a.m. in New York, by far the biggest decline in the 24-company KBW Bank Index. The drop left the stock down 0.8% for the year.

Leia mais: Goldman Bond Trading Miss Outweighs Equity Record
Bloomberg

Bezos-Backed Startup to Build $20,000 Electric Pickup Truck

Slate Auto CEO Peter Faricy joined Bloomberg Open Interest to reveal how his startup plans to disrupt the EV market with a $20K electric pickup. By stripping down manufacturing, offering extreme customization, and focusing on affordability over incentives, Slate aims to bring EVs to the mass market,  even as overall demand faces uncertainty.

Leia mais: Bezos-Backed Startup to Build $20,000 Electric Pickup Truck
Bloomberg

Slate Auto Aims to Reinvent EV Affordability

Slate Auto CEO Peter Faricy joined Bloomberg Open Interest to reveal how his startup plans to disrupt the EV market with a $20K electric pickup. By stripping down manufacturing, offering extreme customization, and focusing on affordability over incentives, Slate aims to bring EVs to the mass market,  even as overall demand faces uncertainty.

Leia mais: Slate Auto Aims to Reinvent EV Affordability