Bryon Lake, chief transformation officer and global head of third party wealth at Goldman Sachs Asset Management, and Troy Cates, co-founder of Neos Investments, join Scarlet Fu and Eric Balchunas on "ETF IQ." Goldman Sachs Asset Management will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager's reach in the actively managed exchange-traded fund market.
Bryon Lake, chief transformation officer and global head of third party wealth at Goldman Sachs Asset Management, and Troy Cates, co-founder of Neos Investments, join Scarlet Fu and Eric Balchunas on "ETF IQ." They discuss how Neos is innovating in the ETF space.
Vali Nasr, professor of international affairs & Middle East studies at Johns Hopkins University, said that he sees the declaration of new sanctions on Iran and its allies as a 'theatrical declaration' and less of a concrete move by the United States. Nasr said that the pressure on Iran's allies could potentially invite Chinese retaliation, which would widen the war 'out of the gulf and into the financial markets.'
Bloomberg's Josh Wingrove breaks down the dissolution of US-Canada trade talks as Canadian leaders signal they do not expect a trade deal to take shape before the 2026 midterm elections.
US manufacturing is getting a boost from growing demand across defense, aerospace and drones. Protolabs is tapping into that demand, using digital manufacturing to produce custom parts in as little as a day. CEO Suresh Krishna discusses the opportunity on Bloomberg Open Interest.
"The clock just started ticking," US Treasury Secretary Scott Bessent says while threatening economic punishment against any country doing business with Iran.
Apple is cutting jobs across its Vision Pro, Siri, and Intelligent Systems Experiences teams as it redirects resources toward new devices and artificial intelligence. Bloomberg's Mark Gurman explains where the reductions are happening and how Apple is reshaping its Siri operation around new AI infrastructure. He also looks ahead to Apple's foldable iPhone and why the device could prove particularly important in China. He joins Ed Ludlow on "Bloomberg Tech."
Nvidia customers are being warned of potential price increases of around 15% for Blackwell and Rubin-based AI systems as soaring memory costs ripple through the infrastructure buildout. Raymond James Analyst and Managing Director Simon Leopold explains why the increases aren't surprising and why older generations of GPUs can remain valuable even as newer chips enter production. He joins Ed Ludlow on "Bloomberg Tech."
US Treasury Secretary Scott Bessent speaks about US efforts to sever Iran from the global economy and actions taken by the United Arab Emirates to cut economic ties with the Islamic Republic last week. He also says to expect "a major announcement of a financial institution being sanctioned by the end of this week."
Canadian Prime Minister Mark Carney says he wants "the best deal" when it comes to trade relations with the US.
Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. Bloomberg's Paige Smith joins Bloomberg Intelligence to discuss.
Researchers at Stanford University and Revelio Labs found that nearly 20% of established US LinkedIn users edited the descriptions or titles of jobs they had left years earlier, with tech workers doing so at a rate of nearly one in three. These changes, dubbed "time travel," aren't made while memories are still fresh, but instead reflect a change in personal branding, with the median time-travel edit occurring more than four years after the user left the role. Beth Kowitt, Bloomberg Opinion Columnist covering corporate America joined Bloomberg Intelligence to discuss.
