Bloomberg Markets

Wall Street Anxiety Spreads as AI Rout Meets $110 Oil Shock

Wall Street has spent the year betting on staggering AI growth while worrying about stubborn inflation. This week, investors got a fresh taste of both risks: a deepening rout in the AI complex that reached into its debt financing, and oil at $110 a barrel threatening to make inflation harder to contain.

business  5d ago

Bloomberg Markets

Coreweave Slides 25% for the Week as AI Credit Concerns Grow | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Tim Stenovec. (Source: Bloomberg)

business  5d ago

MarketWatch

EchoStar’s stock looks like a stealthy way to ride the SpaceX wave, J.P. Morgan says

Investors aren’t giving EchoStar enough credit for the value of its future SpaceX stake or its potential to strike more spectrum deals, an analyst argues.

business  5d ago

Financial Times

Rich make millions by flipping private jets

Strong demand for private air travel combined with production delays boosts prices

business  5d ago

Bloomberg Markets

"Farrow and Ball": The Colours of Money's Must-Read Books

Bloomberg's Scarlet Fu and Tom Keene discuss their must-read book on this week's edition of "Bloomberg Money." They discuss "Paved Paradise: How Parking Explains the World" by Henry Grabar and "Farrow and Ball: Recipes for Decorating" by Joa Studholme. (Source: Bloomberg)

business  5d ago

Bloomberg Markets

Sound Inpatient Nears $1 Billion Private Debt After Pulling Loan

Sound Inpatient Physicians Inc. is close to clinching a $1 billion refinancing with existing lenders, including Monarch Alternative Capital and PGIM, according to people familiar with the matter.

business  5d ago

Financial Times

Israeli settlers attack Palestinians carrying out olive harvest in West Bank

Washington Post journalist among those injured during violence in the Palestinian territory

business  5d ago

Bloomberg Markets

American Dream Running Past Us: Freedman

Bess Freedman, Brown Harris Stevens CEO, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the dynamic between mortgage rates and US housing supply. (Source: Bloomberg)

business  5d ago

Bloomberg Markets

US Consumer Is 'Roughed Up,' But Spending, Porcelli Says

Tom Porcelli, chief economist at Wells Fargo, says US consumers are "roughed up," but they are still spending. He says wages are struggling, but consumers are still feeling pretty good because a wealth effect is in place. He is on "Bloomberg Money." (Source: Bloomberg)

business  5d ago

MarketWatch

Microsoft wants to make AI cheaper. Will investors actually see the savings?

Microsoft is betting that its custom chips can lower costs, but the AI equation is more complicated than that.

business  5d ago

Bloomberg Markets

People Losing Out On Home Equity: Brown Harris CEO

Bess Freedman, Brown Harris Stevens CEO, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the housing affordability in the US. (Source: Bloomberg)

business  5d ago

Bloomberg Markets

Compass Files Suit Over California Home Listing Service Rules

Compass Inc., the top US broker for residential properties, sued California’s largest real estate listing service in the latest escalation of a broader legal fight over timely access to information about homes for sale.

business  5d ago

Bloomberg Markets

Funding Markets Diverge as T-Bills Cheapen, Overnight Repo Calm

Treasury-bill yields have risen sharply as a wave of new issuance tests investor demand, posing a threat to the stability of overnight funding markets.

business  5d ago

Bloomberg Markets

Incredibly Hands-Off With Own Finances: Porcelli

Tom Porcelli, chief economist at Wells Fargo, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss Porcelli's approach to his personal finances. (Source: Bloomberg)

business  5d ago

Bloomberg Markets

Not Seeing People Fleeing New York City: Jonathan Miller

Jonathan Miller, co-founder of Miller Samuel, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss mortgage rates, US housing supply, and the population shifts across various US regions. (Source: Bloomberg)

business  5d ago

MarketWatch

AI investors have woken up to the bond market’s warning signs

Also in Weekend Reads: Robotic housekeeping, how to save on a wedding, and advice from The Moneyist.

business  5d ago

Bloomberg Markets

Personal Balance Sheet Encouraging Consumption: Porcelli

Tom Porcelli, chief economist at Wells Fargo, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the health of the US consumer, the wealth the effect, and his hands-off approach to personal finance. (Source: Bloomberg)

business  5d ago

MarketWatch

Could an Anthropic IPO put your 401(k) at risk? The AI safety debate hits a new dimension.

Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.

business  5d ago

Bloomberg Markets

Oil Tops $110 for First Time Since May as Supply Risk Grows

Brent oil hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle, prompting traders to ramp up bullish bets ahead of the weekend.

business  5d ago

Financial Times

US illegal border crossings from Mexico near 60-year low

About 98,708 apprehensions were recorded this year, down from peaks of more than 2mn people under Biden

business  5d ago