AI Drives Record-Busting Run for DRAM ETF
Bloomberg's Isabelle Lee and Vildana Hajric joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." The Roundhill Memory ETF (ticker: DRAM) assets are nearly $10 Billion since launching April 2nd.
Bloomberg's Isabelle Lee and Vildana Hajric joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." The Roundhill Memory ETF (ticker: DRAM) assets are nearly $10 Billion since launching April 2nd.
Matt Brill, head of North American investment grade credit at Invesco, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss high-grade credit, inflation's impact on fixed income, and the Invesco Total Return Bond ETF (Ticker: GTO).
Matt Brill, head of North American investment grade credit at Invesco, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss high-grade credit, inflation's impact on fixed income, and the Invesco Total Return Bond ETF (Ticker: GTO).
A federal jury rejects Elon Musk's claims about OpenAI under Sam Altman and says he waited too long to sue. Musk took Altman to trial saying he went against OpenAI's mission by turning it into a for-profit business. Matthew Schettenhelm of Bloomberg Intelligence has been following the case and has more.
"We've got to get the SpaceX IPO stuff going here pretty soon," Elon Musk said at a tech summit in Israel on Monday. He's looking to raise as much as $75 billion on a valuation of more than $2 trillion. Bloomberg's Anthony Hughes reports.
MIAX CEO Thomas Gallagher joins Bloomberg Open Interest to explain why the exchange is betting big on retail futures trading, how mega IPOs like SpaceX could reshape options markets, and why Miami is emerging as "Wall Street South." The conversation also covers Bloomberg's new equity index futures launch and the next phase of MIAX's expansion strategy.
The amount of inflation priced into 10-year Treasury yields is a little hard to square with what the market is saying about price rises in the near term. Either inflation is going to be high for a long time, and this is something that has changed in the past week or two, or 10-year yields have gone a little too far. Yelena Shulyatyeva, Senior US Economist at The Conference Board, discusses inflation expectations and what happens if oil prices rise higher, for longer.
A new era of elevated borrowing costs is potentially underway as war-driven inflation angst intensifies in the US bond market, sending 30-year yields toward a two-decade high above 5%. Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, discusses the recent yield surge and why 5% may become the new 4%.
On this episode of Stock Movers with Alexis Christoforous: - NextEra Energy (NEE) agreed to pay about $67 billion in stock for Dominion Energy (D) in the biggest power acquisition ever, creating a giant utility extending from Florida to the data centers clustered in Virginia. The deal would give NextEra a swathe of electricity assets stretching across Virginia and the Carolinas. - Ryanair (RYAAY) gains as it delivered a decent end to the year, but flagged impact ahead from rising costs. The airline said unit costs for 2027 could increase by a mid-single digit percentage, with concerns over current unhedged jet fuel prices, and also impact from higher crew and aircraft maintenance costs. - Regeneron Pharmaceuticals (REGN) shares drop after the drugmaker's phase 3 data for fianlimab in metastatic melanoma fell short of expectations. Citi downgraded its rating on the stock following the "disappointing" trial update.
Ramaco CEO Randall Atkins joined Bloomberg Open Interest to explain why China's steel dumping has hurt coal markets, why the company is betting big on rare earth minerals, and why processing, and not necessarily mining, is the toughest hurdle in building a US rare earth supply chain that's independent of China.
Nvidia is expected to set another revenue record when it reports quarterly earnings on Wednesday. Investors are looking for updates on its $1 trillion data-center revenue target. Bloomberg's Caroline Hyde has a preview.
Joe Kaiser, the CEO of Switchyard Partners, joined Bloomberg Open Interest to explain why the massive NextEra, Dominion merger is really about powering the AI boom. He breaks down how hyperscale data centers are reshaping the US energy grid, why regulators will likely approve the deal, and why renewable energy plus natural gas will define the next era of AI infrastructure.