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Bloomberg
Financial

Safe Haven Demand Will Persist: Larosiliere

Kay Herr, CIO of US GFICC at JPMorgan Asset Management, and Stephanie Larosiliere, head of fixed income business strategy at Invesco, joins Scarlet Fu on "Bloomberg Real Yield." US Treasuries on Thursday rose as a selloff in shares of US technology giants revived investor appetite for bonds as insurance against the possibility of an economic slowdown.

Leia mais: Safe Haven Demand Will Persist: Larosiliere
Bloomberg
Financial

AI Creating New Pathways to Engage Clients, Says Schwab CEO

Schwab president and CEO Rick Wurster said that AI integration is helping the company streamline operations and create 'new pathways to engage with clients' after the Schwab announced investment in AI startup Nevis. Wurster also commented on the AI investment landscape, saying that he is reassured that there isn't a bubble by AI related companies that are still fairly or undervalued.

Leia mais: AI Creating New Pathways to Engage Clients, Says Schwab CEO
Bloomberg
Financial

Air Travel Industry Does Not See Jet Fuel Prices Dropping, Says Chris Sununu

Chris Sununu, president and CEO of Airlines for America and former governor of New Hampshire, said that airlines do not see jet fuel prices coming down any time soon and that airlines are planning for a larger, long-term fuel fuel crunch. Sununu also weighed in on the upcoming midterm elections and on the Senate race in New Hampshire where his brother, John Sununu, is the Republican candidate. Sununu said GOP Senate candidates in Maine and New Hampshire (including his brother) 'are going to do very well' and that there is 'massive underpolling of Republicans in New England.'

Leia mais: Air Travel Industry Does Not See Jet Fuel Prices Dropping, Says Chris Sununu
Bloomberg
Financial

Driverless Trucks Can Double Profits, Says Aurora CEO

Driverless trucking company Aurora is ramping up production and switching to a 'driver-as-a-service model' as it looks to reach profitability and meet demand. Aurora co-founder and CEO Chris Urmson discusses how the company is scaling and what he sees as a friendly regulatory environment amid a national truck-driving shortage. Urmson joins Ed Ludlow on "Bloomberg Tech."

Leia mais: Driverless Trucks Can Double Profits, Says Aurora CEO
Bloomberg
Financial

Microsoft Turns to Bond Market as AI Spending Grows

Microsoft is looking to raise at least $25 billion from its first US investment-grade bond offering in nearly a decade, according to people familiar with the matter. Bloomberg Intelligence's Robert Schiffman discusses how this reinforces his view that AI spending will keep growing. He joins Ed Ludlow on "Bloomberg Tech."

Leia mais: Microsoft Turns to Bond Market as AI Spending Grows
Bloomberg
Financial

Google Erases a Record $500 Billion as AI Eats Into Sales

Alphabet Inc.'s shares fell more than 13%, erasing more than $500 billion in its biggest-ever market plunge, after the company reported disappointing search and advertising sales that reinforced investor concerns about AI's threat to its core business.  Bloomberg's Mandeep Singh joins to discuss this as well as the possible Marvell and Lumentum Holdings deal as well as DoorDash buying Instacart.

Leia mais: Google Erases a Record $500 Billion as AI Eats Into Sales