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Bloomberg
Financial

'No Moderates Left' in GOP Says DCCC Chair Suzan DelBene

Representative Suzan DelBene, chair of the Democrats' congressional campaign committee, said that there are 'no moderates left' in the Republican party as Democrats look to flip key GOP-held districts across the country Tuesday night and take control of Congress. DelBene said an early indication of how Democrats are faring in the midterms Tuesday will be the results in Kentucky's 6th Congressional District, where polls will close in the night.

Leia mais: 'No Moderates Left' in GOP Says DCCC Chair Suzan DelBene
Bloomberg
Financial

Dems See 'Tremendous Momentum' in Michigan, Says Siena's Don Levy

Don Levy, director of Siena University's Research Institute, said that there is 'tremendous momentum' with the El-Sayed campaign in Michigan as Democrats and Independents give him an 11-point lead against Republican Mike Rogers in Siena's last poll before election day. Siena University polling shows momentum for Democrats across battleground states, with candidates up in Texas, Kansas and Alaska.

Leia mais: Dems See 'Tremendous Momentum' in Michigan, Says Siena's Don Levy
Bloomberg
Financial

AI Will Create 'Weird' Economic Benefits: Manidis

A new essay called "The Commanding Heights" argues that as artificial intelligence becomes cheaper and more widely available, the biggest economic gains will ultimately flow to the companies best at diffusing AI into the real world. Will Manidis, co-author of the essay and SVP of Veradigm AI, discusses what he sees as the market's mispricing of AI's benefits and why the creators of the technology aren't always its biggest winners. Manidis joins Ed Ludlow on "Bloomberg Tech."

Leia mais: AI Will Create 'Weird' Economic Benefits: Manidis
Bloomberg
Financial

Dems, GOP Make Final Pitch Ahead of Midterm Election Day

Former Representative from North Carolina Patrick McHenry said that there is a lot pressure on GOP incumbents to perform in their districts as voters feelings turn 'quite sour' on the Republican party leading into election day. McHenry, who is a Bloomberg contributor, said that the Senate majority rests on how election day voters cast their ballots in close battleground races.

Leia mais: Dems, GOP Make Final Pitch Ahead of Midterm Election Day
Bloomberg
Financial

Anthropic to Spend $895 Billion in the Years Ahead

Ahead of its blockbuster public market debut, Anthropic revealed it plans to spend more than $895 billion in the years ahead. The Claude chatbot maker also disclosed that its quarterly revenue rose twelve-fold over from the prior year. Matt Witheiler, head of late-stage growth at Wellington Management and an investor in Anthropic, discusses the latest figures and why developing frontier models is a pathway to outsized returns. He speaks with Ed Ludlow on "Bloomberg Tech."

Leia mais: Anthropic to Spend $895 Billion in the Years Ahead
Bloomberg
Financial

ETFs Tracking Politicians' Investments: Drilldown

Dan Weiskopf, portfolio manager at Subversive ETF, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Subversive Congressional Democrats Trading ETF (ticker: NANC). The fund invests primarily in equities that Congressional Democrats and/or their spouses have reported to have invested in through public disclosure filings.

Leia mais: ETFs Tracking Politicians' Investments: Drilldown