JioBlackRock MD and CEO Sid Swaminathan discusses India's growing retail investor base and why he remains optimistic about the future of India's financial markets. He joined "Insight with Haslinda Amin" exclusively.
China's Huawei has pitched the Egyptian government on building AI data centers for military, surveillance and other public sector use, demonstrating its global chip ambitions and drawing alarm in Washington where officials are working to assemble a counteroffer. Bloomberg's Tom Mackenzie explains.
BlackRock Global Chief Investment Strategist Wei Li says she is still optimistic about the artificial intelligence trade as investors await Nvidia's quarterly earnings report. "Scarcity sellers are doing quote a bit better than scarcity buyers and Nvidia is a scarcity seller," Li tells Bloomberg Television. "You look at some of the price increases that we have been talking about, and it really does show that they have earnings pricing power, earnings momentum," she adds.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
US microreactor company Nano Nuclear Energy is on the path to deploy its technology to the Middle East after signing the first and only nuclear microreactor partnership with the UAE. The agreement aims to help the country go off grid, power desert data centers and decarbonize oil and gas fields. Jay Yu, the company's founder, executive chairman and president spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the deployment in the UAE plus their plans for Mideast expansion.
Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. The nation's turnaround has been aided by high gold prices, an emerging lithium sector, and the introduction of the ZiG currency in 2024. Bloomberg Television's Jennifer Zabasajja explains on "Horizons Middle East and Africa."
Calix (ASX:CXL) reported a 16% increase in full-year revenue and other income to $39.2 million for the period ended June 30.
The Australasian Centre for Corporate Responsibility withdrew its Federal Court appeal against Santos (ASX:STO), ending legal action started in 2021.
Samantha Wong, Partner at Blackbird Ventures, discusses the firm's latest fundraise, which set a regional record with a A$1.05 billion fund. She outlines the firm's investment strategy and how it plans to back early-stage technology companies across Australia and New Zealand, capitalising on artificial intelligence themes and supporting startups with global ambitions. She speaks exclusively with Haidi Stroud-Watts on "Bloomberg: The Asia Trade".
Fenix Resources (ASX:FEX) delivered record production for the full year ended June 30, driving revenue up 87% to $589.7 million.
Australian Retirement Trust has taken its largest overweight position in the Japanese yen in years.
Meta and state attorneys general have discussed a possible mid-trial settlement of the landmark case in which the company is accused of deliberately designing Facebook and Instagram to addict teens, people familiar with the matter said. Bloomberg's Balazs Penz explains.
