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Bloomberg
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CEO of Cuban-Backed Fort Robotics on $500M SPAC Deal

Fort Robotics, a Philadelphia-based robotics startup backed by Mark Cuban, is planning to go public through a SPAC deal valued at $500 million, with an expected Nasdaq listing under the ticker FROB. Samuel Reeves, CEO of Fort Robotics, explained that the decision to pursue a SPAC rather than a traditional IPO was driven by the need for speed and efficiency to scale the company's technology, operations, go-to-market strategy, and international expansion. He speaks with Scarlet Fu & Isabelle Lee on "The Close."

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Bloomberg
Financial

Gold Falls as Traders Weigh US Inflation

Gold valuation platform Unvault estimates that American households are sitting on $750 Billion worth of gold, largely in the form of unworn jewelry. The company says consumers consistently underestimate their jewelry's spot value by 3x or more because pieces purchased prior to 2010 have more than tripled in value. CEO Nidhi Singhvi joins Businessweek Daily to discuss how her business is being boosting by higher gold prices in 2026.

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Bloomberg
Financial

Australia's Stock Market Seen as AI Haven

Australia's stock market maybe emerging as a rare safe haven from the AI-driven volatility rattling Asian equities. A nascent rally has pushed valuations to the brink of overtaking India as the Asia-Pacific's priciest major market for the first time in six years. Shaw and Partners Asset Management's Investment Director Julia Lee joins "Bloomberg: The Asia Trade" to discuss what this means for index heavyweights like BHP and CSL.

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Bloomberg
Financial

Midi Health CEO on Multibillion-Dollar Menopause Market

Joanna Strober, CEO and Co-Founder of Midi Health, joined the program to discuss the company's focus on providing menopause solutions for midlife women through a virtual care model. Strober explained how MediHealth's approach offers expert care that is often more effective than traditional healthcare providers, with 95% of patients reporting improvement in peri/menopause symptoms after at least two months of treatment. She speaks with Scarlet Fu & Isabelle Lee on "The Close."

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Bloomberg
Financial

Power Broker Frances Katzen on Pending Home Sales Slide

Frances Katzen, founder of The Katzen Team and a top broker at Douglas Elliman in New York City, discussed the current dynamics of the housing market, highlighting a pronounced K-shaped trend. While overall housing activity has slowed, the high-end segment in Manhattan is experiencing significant growth, with contract signings up 39% year-over-year in October and properties priced between $3 million and $5 million up 27%. She speaks with Scarlet Fu & Isabelle Lee on "The Close."

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Bloomberg
Financial

Long-Term Debt Costs Soar to Highest in Decades as Bonds Slump

Bloomberg Intelligence chief US interest rate strategist Ira Jersey said that part of the reason for the rise in yields for long-term treasuries is that US bonds have to compete with bonds from other countries like Japan. Jersey, who was joined by Bloomberg's Davide Barbuscia, said that buyers are concerned about the health of developed bond markets and need a higher yield incentive to buy. Barbuscia also said that the competition from corporate bonds is 'unprecedented' and that there has been record levels of issuance so far in 2026.

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