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Bloomberg
Financial

Former Fed President Harker Says Policy Is Not Restrictive

Former Philadelphia Federal Reserve President Patrick Harker expects the Fed to hold steady on interest rates Wednesday, saying, "I don't think that's the correct decision in my mind, but that's what you're gonna get." Harker says the central bank will have to signal that more tightening is probably going to be warranted.

Leia mais: Former Fed President Harker Says Policy Is Not Restrictive
Bloomberg
Financial

AI Capex in Mid-Cycle Boom, Says Morgan Stanley's Shalett

Lisa Shalett, CIO at Morgan Stanley Wealth Management, expects the narrative for growth in tech earnings "to continue to stick and hold." She does, however, see bottlenecks shifting in artificial intelligence capex spending into areas that can cause real questions for investors. She speaks on "Bloomberg Surveillance."

Leia mais: AI Capex in Mid-Cycle Boom, Says Morgan Stanley's Shalett
Bloomberg
Financial

Netanyahu Moves Ahead of Eisenkot in Israeli Vote Count

Israeli Prime Minister Benjamin Netanyahu has taken the lead over opposition leader Gadi Eisenkot in the country's tight election with more than 70% of the votes counted. Neither has a clear path toward forming a government so far, with Netanyahu's bloc projected to win 54 seats and Eisenkot's 47 in the 120-member Knesset, or parliament, as of Wednesday morning. 19 seats are going to Israeli Arab parties. Abeer Abu Omar reports on Bloomberg Television.

Leia mais: Netanyahu Moves Ahead of Eisenkot in Israeli Vote Count
Bloomberg
Financial

Chip Equipment Maker ASM I's CEO to Hit 2030 Target 3 Years Early

ASM International CEO Hichem M'Saad joins Bloomberg's Tom Mackenzie, Guy Johnson, and Anna Edwards on "The Opening Trade" following the company's third quarter results. The equipment maker lifted its 2027 revenue target by around 24% as the AI build out continues to fuel a surge in sales.

Leia mais: Chip Equipment Maker ASM I's CEO to Hit 2030 Target 3 Years Early