Meta Platforms will buy AMD chips and computers designed to run artificial intelligence models over a five-year stretch, beginning in the second half of 2026. Ed Ludlow reports on Bloomberg Television.
Bob Michele, global head of fixed income at JPMorgan Asset Management, explains the factors he sees creating "nice" tailwinds for the bond market.
A short-lived rebound in stocks petered out as fears about the disruptive impact of artificial intelligence continued to unsettle markets.That's after tech, delivery and payment shares slid following a Citrini Research report outlining potential AI risks across industries. The weakness was compounded by lingering uncertainty over President Donald Trump's tariffs. Erik Wytenus is Head of EMEA Investment Strategy at JPMorgan Private Bank joins Stephen Carroll and Caroline Hepker to discuss.
JPMorgan CEO Jamie Dimon, when asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "I see a couple people doing some dumb things," Dimon told investors on Monday. Bloomberg's Silas Brown reports.
"We will not need to see the disruption to see some of the issues," said Hamza Lemssouguer, founder and chief investment officer of Arini Capital Management, in an interview. "The market always gets ahead of it. The immediate issue that we see is the increase in cost of capital for a lot of these companies which will eventually lead to significant defaults, disruption and dislocation in credit markets." He speaks to Ruth David for Bloomberg Television in London. (Corrects guest's job title in video description.)
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Erik Wytenus, JPMorgan Private Bank investment strategy EMEA head, discusses the impact of artificial intelligence-driven trade on the markets. He tells Bloomberg Television the phrase "broadening out" has been used for some time and it is now "occurring mathematically so far this year."
Standard Chartered Chief Executive Officer Bill Winters discusses the departure of the lender's chief financial officer, financial targets and its strategic outlook. Speaking on Bloomberg Television after reporting weaker-than-estimated fourth-quarter earnings and announcing a fresh $1.5 billion share buyback, Winters also comments on the bank's London headquarters, growth in China and the use of artificial intelligence in finance.
China says it is closely watching the US government's plans to push ahead with levies using other trade tools. President Trump announced 10% global tariffs after the Supreme Court struck down his original sweeping duties. Alan Siow, Co-Head of EM Corporate Debt, Ninety One spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on how China is factoring in the changes despite tariff uncertainty.
Radiopharm Theranostics (ASX:RAD) has commenced the first-in-human Phase 1/2a clinical trial of its novel radiopharmaceutical, 177Lu-Betabart (RV-01).
Santana Minerals (ASX:SMI) achieved a financial milestone, confirming the completion of its massive $113 million unconditional placement.
SKS Technologies Group (ASX:SKS) achieved a net profit after tax of $8.8 million for H1, representing a 52.5% increase compared to the previous corresponding period.
