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Simon Leopold, Raymond James equity analyst, sees shares Nvidia rising to $515. The stock is trading near a record high with SpaceX reportedly in talks to raise $40 billion to buy Nvidia chips. Leopold is on "Bloomberg Surveillance."
Mark Cabana, co-head of global rates strategy at BofA Securities, says markets and economies around the world are starting to see the bite of higher rates and that the Federal Reserve needs to keep hikes on the table. He speaks on "Bloomberg Surveillance."
Eric Kutcher, McKinsey & Co. chair of North America, is very bullish on the US economy. He says there will be more jobs in 2035 then there are today. He says artificial intelligence is creating jobs and points out that software developers who help AI write code are in high demand. He appears on "Bloomberg Surveillance."
Ian Bremmer, President and Founder of Eurasia Group, says Republicans will lose control of the US House of Representatives and could also lose the Senate in November's US midterm elections. Bremmer discusses the political risks facing President Donald Trump and the Republican Party as polls show dissatisfaction with Trump's handling of the economy and the Iran war, amid rising fuel prices and low approval ratings. Bremmer spoke to Bloomberg TV's Francine Lacqua on "The Pulse."
Kevin Mahn, President & CIO of Hennion & Walsh Asset Management, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the concentrated gains on the S&P 500 and the AI ecosystem.
International Monetary Fund Managing Director Kristalina Georgieva says governments must act urgently to address challenges from the energy shock, rising interest rates and record debt piles. Increased spending following the Covid-19 pandemic and the wars in Ukraine and Middle East have pushed some nations "out of the safe zone," Georgieva tells Bloomberg Television.
The US-Iran conflict continues to weigh heavily on economies around the world and in particular those in the Gulf. Ramona Moubarak, the MENA Country Risk Head for BMI, a Fitch Solutions Company, spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa as the war enters its 8th month.
Data verification platform XYO Network has secured institutional-grade protection for its native XYO and XL1 tokens through a new agreement with Crypto.com Custody.
Velocity is making significant strides in modernizing global payment and treasury infrastructure across the Asia-Pacific region.
Hong Kong-based crypto market maker Auros has launched Aurora, an OTC trading portal giving institutions access to its liquidity across centralised and decentralised venues through a single counterparty.
Crypto payments provider Mercuryo is scrapping purchase fees across major platforms like MetaMask and Tangem in a bid to streamline digital asset onboarding.
Tokenised asset issuer Toto Finance is pivoting to a mine-to-market platform for commodities, launching its strategy with three planned copper-backed tokens on Ethereum for the US market.
