United Airlines CEO Scott Kirby discusses the company's ability to pass along higher fuel costs and seeing continued strength in customer demand. Kirby also shares his thoughts on a wealth tax and other US social and policy points on "Bloomberg Surveillance."
Nvidia CEO Jensen Huang pushed Europe to adopt artificial intelligence more quickly. "For Europe to benefit from AI, and to have really created an AI ecosystem and AI economy, you need all of the end markets, the end industries to adopt AI," Huang said Wednesday at his company's GTC conference in Berlin.
Bernard Mensah of Bank of America discusses the AI bubble debate, rising sovereign bond yields and shifting global investment opportunities. He also examines supply chains, Europe's growth challenges and opportunities across Asia and other global markets. Mensah spoke with Bloomberg at the Berlin Global Dialogue.
John Stoltzfus, chief investment strategist at Oppenheimer, says traders have been carrying the equity market for the last month or so and expects "improved breadth in the market as we go forward." He speaks on "Bloomberg Surveillance."
Kallum Pickering of Peel Hunt warns that high interest rates and heavy AI investment are concentrating capital and increasing boom bust risks. He discusses Fed policy, US debt, the AI race with China and why he expects inflation to move decisively lower next year. Pickering spoke on Bloomberg Brief.
Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television.
KKR & Co.'s co-head of European private equity, Philipp Freise says Germany is offering a safe and stable environment for investment while other parts of the world face crises. Speaking to Bloomberg's Francine Lacqua on the sidelines of the Berlin Global Dialogue, Freise pointed to positive signs from Chancellor Friedrich Merz's reform on pensions.
German Chancellor Friedrich Merz said the European Union would seek to avoid a trade war with China even as it protects itself from a new dimension of overcapacity and an undervalued currency. "That is our goal, not a conflict, but to have a new balance in trade with China," he said during an interview with Bloomberg's Stephanie Flanders at the Berlin Global Dialogue.
Secretary of State Marco Rubio defended the Trump administration's support for Ukraine on Wednesday during a visit to India. Rubio told reporters the nation "as a sovereign state would not exist" without assistance from the US. Mica Soellner of Bloomberg Government has more.
South African Finance Minister Enoch Godongwana is poised to unveil a fiscal anchor to entrench progress made in repairing the nation's public finances as the Iran war puts those gains to the test. Bloomberg's Jennifer Zabasajja reports.
BlackRock CEO Larry Fink says delays in building data centers could raise computing costs and threaten economic growth as demand for artificial intelligence accelerates. "The faster we can build out more data centers, the more compute we have, the faster we can bring down the cost," Fink tells Bloomberg's Francine Lacqua on the sidelines of the Berlin Global Dialogue.
Treasury yields edged higher as the recent bond rally lost some momentum. Bloomberg's strategists say longer term, they see yields reaching fresher highs as strong US growth, higher borrowing costs and rising government debt supply will keep pressure on Treasuries. Rufaro Chiriseri, Head of Fixed Income for UK and Europe at RBC Wealth Management spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.
