Renewed selling in chipmakers dragged down stocks as the dismal debut of a South Korean data center firm revived concerns about the artificial-intelligence trade. John Mowrey, CIO at NFJ Investment Group, discusses the markets and AI trade.
Dave McKay, president and CEO at Royal Bank of Canada, said he's considering blocking Meta Platform Inc.'s popular artificial intelligence agent Muse from accessing the bank's customer information. "You have to protect that consumer and then we're liable for that as an organization," McKay said on "Bloomberg Surveillance."
General Motors narrowed its full-year profit forecast amid softening sales, while also announcing it will buy back another $20 billion in stock. Paul Jacobson, CFO and executive vice president at GM, discusses the results on "Bloomberg Surveillance."
Victoria Fernandez, chief market strategist at Crossmark Global Investments, explains the factors she sees pointing to a slowdown in the US economy and markets. She speaks on "Bloomberg Surveillance."
Jens Nordvig, president and co-founder at Vanda, examines the market impact of political instability and riots in France and the options available to the European Central Bank to help the situation. He speaks on "Bloomberg Surveillance."
Ukrainian President Volodymyr Zelenskyy is traveling to Norway for peace talks amid growing pressure from US President Donald Trump to make concessions in order to reach a deal with Russia. Rachel Schilke of Bloomberg Government has more.
UK joblessness fell to 4.7% in the three months through August, giving Chancellor of the Exchequer John Healey an unexpected boost ahead of his budget next week. Bloomberg's Morwenna Coniam reports.
Seoul-based neocloud service provider Elice's shares plunged in their trading debut, underscoring lingering concerns about whether the artificial intelligence boom can justify the billions of dollars being poured into the industry. Bloomberg's Anthony Stephens reports.
Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Stephen Roach argues Xi Jinping's willingness to engage in a series of meetings with Donald Trump may reflect concern about China's economy and a desire to buy time. Roach suggests Xi may not share the personal camaraderie Trump portrays and says Chinese officials are likely realistic about how much progress is possible with an unpredictable counterpart. He spoke with Stephen Engle on Bloomberg's Insight with Haslinda Amin.
Mynt President and CEO Martha Sazon says the company will use proceeds from its listing to expand GCash, focusing on lending, financial services, and international markets. She also says Mynt is open to acquisitions and partnerships. She appeared on Bloomberg's Insight with Haslinda Amin.
AI cloud computing firm Nscale is in talks to sell computing power to Anthropic in a deal that could be worth about $45 billion, according to people familiar with the matter. Bloomberg's Anthony Stephens reports.
