Citi's Kaiser Sees Capital Demand Pressuring Markets
Stuart Kaiser, head of equity trading strategy at Citi, sees some market friction amid a "broad-based demand for capital" across initial public offerings, secondary stock sales and bonds markets.
Stuart Kaiser, head of equity trading strategy at Citi, sees some market friction amid a "broad-based demand for capital" across initial public offerings, secondary stock sales and bonds markets.
Matt Kennedy, Senior IPO Market Strategist at Renaissance Capital, expects SpaceX to more than triple revenue in the next two years. He speaks before SpaceX begins trading for the first time on "Bloomberg Surveillance."
The anticipation for the record setting SpaceX initial public offering is building this morning at the Nasdaq. Executives have arrived along with Elon Musk's mother. Bloomberg's Yahaira Anand is there.
Stocks can continue climbing without a specific catalyst, despite recent volatility, as structural factors support higher valuations, according to HSBC Chief multi-asset strategist Max Kettner. "I don't think there needs to be a catalyst," said Kettner. He explained that we're in a world of structurally higher nominal growth, and structurally higher revenue growth, meaning if company margins don't change then earnings will continue to rise. Kettner joined Guy Johnson, Anna Edwards and Tom Mackenzie on "The Opening Trade."
"Not being invested is actually you're greatest risk," KKR Partner Alisa Wood tells Bloomberg's Anna Edwards and Tom Mackenzie. Wood spoke on 'Bloomberg: The Opening Trade'. This interview occurred on Tuesday, June 9.
Stellar’s cross-border payment network continues to gain attention as its anchor system links blockchain settlement with real-world remittance corridors across several major markets.
If Switzerland votes to cap the population at 10 million inhabitants, this could severely impact labor-intensive sectors like restaurants, construction, and healthcare, as well as innovative sectors like scientific research and product development, all of which depend 'heavily' on foreign workers, says Rudolf Minsch, Chief Economist at Swiss business sector umbrella organization Economiesuisse. He spoke on 'The Pulse with Francine Lacqua' on Bloomberg TV.
Pierre Ferragu managing director at New Street Research, discusses the record-breaking SpaceX IPO, his growth and capex expectations for the company moving forward, and the "Musk premium" factored into its valuation.
James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government's Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg's Tom Mackenzie at London Tech Week.
The US and Iran are moving closer to signing an agreement to reopen the Strait of Hormuz that could potentially come as soon as Sunday with the Group of Seven world leaders set to meet next week. Abeer Abu Omar reports on Bloomberg Television.
John Waldron, Goldman Sachs president and chief operating officer discusses SpaceX's record IPO and whether markets can absorb two other possible big IPOs by the end of the year. "Capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure," he tells Bloomberg Television.
Technology Secretary Liz Kendall says the UK's Labour government will strengthen efforts to drive institutional funds into British tech companies, as she pledged more backing for the country's artificial intelligence sector. Speaking to Bloomberg TV during London Tech Week, Kendall said she wants The government wants to unlock investment into UK firms with legal reforms to how pension funds are run.