Republican lawmakers blasted President Donald Trump for waiving new tariffs and sanctions on Russia, prompting the president to defend himself against some of his strongest allies on Capitol Hill. Tyler Kendall reports on Bloomberg Television.
"It is an incredibly technically-driven market," says Max Kettner, chief multi-asset strategist at HSBC. He doesn't see any kind of fundamental catalyst, outside of earnings, calming some nerves around concerns about artificial intelligence. He speaks on "Bloomberg Surveillance."
Elon Musk says he will gift a share of SpaceX to each American child, in a post on X, the social media platform he owns. The move comes just hours after artificial intelligence competitor Anthropic PBC said it would set aside a portion of its shares for the public benefit. Matt Bloxham of Bloomberg Intelligence has more.
Nscale, the data center developer backed by Nvidia, is facing opposition to the valuation target of about $30 billion that it's pursuing in its IPO, according to people familiar with the matter. Bloomberg's Ruhell Amin reports.
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
President Emmanuel Macron promised a "hard line" as protests degenerated into looting and burning across France at the weekend. The cost-of-living concerns that prompted more than half a million demonstrators gather in France have spread to other nations, with protests in Italy, Belgium and Portugal. Bloomberg's Oliver Crook reports from Paris.
Talks between the IMF and Republic of Congo on a new lending program are set to continue in the coming weeks, with both sides aiming to reach a staff-level agreement. The African nation has also pursued a secondary listing for its eurobonds on NASDAQ Dubai, marking the first ever listing in the GCC for an African Sovereign. Republic of Congo's Minister of Finance, Budget and Public Portfolio, Christian Yoka spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.
European Union Chamber of Commerce in China President, Jens Eskelund, says a more unified European approach to China could reshape trade relations. He joined Paul Allen on Bloomberg's Insight with Haslinda Amin to discuss EU-China trade tensions and the outlook for European businesses in China.
Oil prices pulled back from a five-month high as traders weighed escalating tensions in the Middle East against surprisingly resilient supply. Houthi attacks on Saudi Arabia are intensifying, with fresh strikes and attempted attacks targeting the kingdom and its key energy infrastructure. Matthew Mullman, Senior Analyst for Global Macro at Signum Global Advisors spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.
Mary Lovely, Senior Fellow at PIIE, says China's dominance in rare earth production gives Beijing significant leverage in trade issues with the US. She speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai.
China's growth accelerated more than expected in the third quarter while home prices fell at a slower pace in September. Maybank Macro Research Director Erica Tay discusses what it may mean for stimulus expectations.
Kaushik Basu, Professor at Cornell University and former Chief Economist at the World Bank, discusses the AI race between the US and China, and impact on the global economy. He speaks with Stephen Engle from the sidelines of the Bund Summit in Shanghai.
