MarketWatch
Reported details about Anthropic’s financial progress are adding to concerns about the health of the AI ecosystem.
Bloomberg Markets
¿Puede una carretera cambiar el futuro del Amazonas? La mejora de la BR-319 promete nuevas oportunidades para la región, pero atraviesa zonas vulnerables a la ocupación y la tala ilegal. El proyecto también se ha convertido en un tema electoral en Brasil. (Source: Bloomberg)
Bloomberg Markets
Project Vault, the US government-backed critical-minerals stockpile, plans to choose an initial group of more than a dozen American manufacturers that could receive up to $1 billion in loans to help procure key materials.
NY Times Business
Investors are newly worried about the health of artificial intelligence infrastructure companies like CoreWeave. That’s weighing on the wider A.I. industry.
Bloomberg Markets
Zimbabwe’s ruling party gave Kudakwashe Tagwirei, a wealthy businessman sanctioned for alleged corruption by the US, a key economic role days after he landed a position as a cabinet minister.
MarketWatch
The index may not move much because the stocks with the biggest weightings lag, but there’s a bull market starting to bubble elsewhere, says a hedge-fund manager.
Bloomberg Markets
S&P 500 Index futures fall 0.3% as of 7:56 a.m. in New York as a selloff in the artificial-intelligence trade gathered speed and pushed investors toward the safety of bonds.
Financial Times
Defiant chancellor tells the FT he is determined to drive through unpopular reforms and equip Europe for an age of upheaval
Bloomberg Markets
As South Africa’s state power utility relinquishes its monopoly over electricity provision, CEO Dan Marokane says it will remain a dominant player in the country and take on an increasingly important role in neighboring states. He spoke to Bloomberg Television’s Jennifer Zabasajja at the company’s Johannesburg offices. (Source: Bloomberg)
Bloomberg Markets
Wei Li, global chief investment strategist at BlackRock, explains her firm’s bullish move on short-term US Treasuries while downgrading stocks. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
Financial Times
Switzerland’s top court sides with government decision, overturning ruling of lower court
Bloomberg Markets
Right-wing senator could renew his father’s push for more privatization.
Bloomberg Markets
US equity futures fall as a selloff in AI-related stocks gathers speed, pushing investors toward bonds. Investors await PPI, retail sales and jobless claims data as well as Fed Chair Warsh's remarks in Bangkok. Sources say Anthropic told prospective investors its third-quarter revenue hit $16.8 billion as it plans to go public soon. Kelsey Berro of JPMorgan Asset Management looks ahead to economic data and Chair Warsh's comments. (Source: Bloomberg)
Bloomberg Markets
Multiple banks are competing to join a $4.25 billion debt financing backing Curium’s acquisition of radiopharmaceutical company Lantheus Holdings Inc., before the deal is syndicated to investors next year.
CNBC Finance
An analyst who follows the industry says there are four ways recent changes to fuel economy rules will shift investment toward the most profitable segments.
Bloomberg Markets
India’s securities regulator is set to restore a method that relies on the final 30 minutes of trading to settle equity derivatives on expiry days, according to people familiar with the matter, effectively delinking the new closing auction from settlement of futures and options.
MarketWatch
Steven Jon Kaplan sees a completely irrational stock market right now, and investors ignoring a perfectly safe way to play that.
Bloomberg Markets
UniCredit SpA is working on a potential deal to hedge €1 billion ($1.1 billion) in German home loans as it prepares to expand its footprint in Europe’s biggest economy.
Bloomberg Markets
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Vasiliki Pachatouridi, BlackRock EMEA Head of iShares Fixed Income Product Strategy; Alexander Gabuev, Carnegie Russia Eurasia Center Director (Source: Bloomberg)
Bloomberg Markets
European bond trading platform MTS SpA is an important strategic asset for Italy, Cassa Depositi e Prestiti SpA Chief Executive Officer Dario Scannapieco said.