Drew McKnight, Co-CEO and managing partner of Fortress Investment Group, joins Dani Burger on "Bloomberg Deals." They speak CAIS Summit in Beverly Hills, California about the immense capital needed for data centers, the performance of private credit investments, and the potential defaults and restructurings due to stresses in the economy.
Santander Executive Chair Ana Botín says jobs will change as AI advances and acknowledges there could be adjustments, but the bank isn't seeing a major impact on employment yet. Botín also discusses the opportunities she sees for AI within Santander. Botin is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This episode was recorded July 13 in New York.
Santander Executive Chair Ana Botin says Europe has the talent and companies to compete with the US, but needs a level playing field. She says excessive regulation is a "big tax" on European businesses. Botin is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This episode was recorded July 13 in New York.
Gregory Allen, founder and CEO of Decision Tree Research, talks about President Donald Trump's proposed $1.5 trillion defense budget and how artificial intelligence is being used in weapons systems. He speaks to Kailey Leinz at a Bloomberg.com subscriber-only event held in Washington.
Ted Mortonson, Managing Director: Technology at Baird, discusses his outlook for tech and the AI trade.
Libby Cantrill, managing director and head of public policy at PIMCO, says the issues around data centers are gaining traction among voters and politicians will have to respond. She speaks at a Bloomberg.com subscriber-only event held in Washington.
US Treasuries slumped after hotter-than-expected inflation prompted traders to add to wagers that Federal Reserve officials will raise interest rates later this month and next year. David Rosenberg, Founder of Rosenberg Research, and Jim Bianco, Founder of Bianco Research, react to September CPI.
DA Davidson Head of Technology Research Gil Luria joined Bloomberg Open Interest to explain why Nvidia's ecosystem and chip demand could support growth through 2030, while warning that debt-heavy data-center builders may face serious pressure.
Christian Fong, associate professor at the Johns Hopkins School of Government and Policy, talks about what would happen if the US Senate winds up evenly split after the midterm elections. He speaks to Kailey Leinz at a Bloomberg.com subscriber-only event held in Washington.
JB Poersch, Senate Majority PAC president, says Texas has always been a tough state to win in for Democrats. He speaks at a Bloomberg.com subscriber-only event held in Washington.
On this episode of Stock Movers: - BlackRock (BLK) shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and Sales beat estimates. - ASML (ASML) shares are rising this morning after the company said it's searching for ways to produce more chip-making machines over the next two years due to soaring artificial intelligence spending. ASML said its current supply plans mean it won't be able to fully meet demand in 2027 and 2028, and it's investigating ways to increase capacity for 2028 beyond the 30% increase previously communicated.
Alex Latcham, executive director of the Senate Leadership Fund, says President Donald Trump has been a massive value add for Republicans out on the campaign trail during the midterms. Latcham speaks at a Bloomberg.com subscriber-only event held in Washington.
