This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
39 matching records found
Stephanie Aliaga, Global Market Strategist at JPM Asset Management, reacts to Fed Chair Warsh's remarks after raising interest rates. She argues that while oil prices are a long-term driver of inflation, the AI buildout is also having a significant impact. She argues slowing the AI frontier will help with adoption, and ultimately boost productivity. (Source: Bloomberg)
Chinese artificial intelligence developer Z.ai has raised its year-end annual recurring revenue (ARR) outlook by 25 per cent to US$3 billion, as the firm indicated its fresh US$5 billion war chest had helped clear its computing capacity bottlenecks for the time being. The updated ARR projection, up from a previous estimate of about US$2.4 billion, was disclosed during an investor call on Wednesday, according to a transcript seen by the South China Morning Post. The revised guidance comes days...
I attended this year’s Eastern Economic Forum in Vladivostok and took part in a dialogue on technological development. There, I had a deep discussion with Maxim Oreshkin, Russia’s deputy chief of the presidential executive office, who co-chairs the country’s national AI headquarters. I left Vladivostok with a broader impression: Russia increasingly sees its Far East as a place to build a new version of its economy. For decades, Russia’s Far East has been understood through geography. It is vast,...
China is bracing for a potential massive sell-off of a high-profile artificial intelligence chip stock on Thursday, when a lock-up period affecting 14 million shares in MetaX Integrated Circuits is set to expire. Analysts expect MetaX to face “significant selling pressure” when the restricted shares are released for trading, after the expiry of a similar lock-up period for shares in fellow AI chip firm Moore Threads last week sparked an avalanche of sales that wiped nearly 49 billion yuan...
Carlyle Head of Global Research & Investment Strategy Jason Thomas spoke with Bloomberg’s Dani Burger from the sidelines of Carlyle’s Global Investor Conference in Washington. He said the Federal Reserve is under “enormous pressure” to deliver a 25 basis-point hike. He also talked about the AI investment boom, saying an AI slowdown is “more likely than not.” (Source: Bloomberg)
Tech ETFs saw massive inflows this summer.
CICC Chief Economist and former China State Administration of Foreign Exchange (SAFE) official Yanliang Miao reacts to the August economic activity data released by Beijing. He also discusses AI's impact on the economy with David Ingles and Yvonne Man on "Bloomberg: The China Show." (Source: Bloomberg)
Asian stocks were set to decline, tracking a US selloff as concerns about the pace of artificial-intelligence development persisted. Inflation worries briefly pushed the 10-year Treasury yield above 5% for the first time since 2023.
Bank of America chairman and CEO Brian Moynihan said that it is 'encouraging' to hear that AI firms are taking the responsibility of AI safety seriously as leaders raise the alarm about the pace of innovation and potential ramifications. Moynihan, talking to Bloomberg's Dani Burger, said that he expects trading to be ‘relatively flat’ in the third quarter compared to last year. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
The AI boom that has powered markets and unleashed a flood of investment is showing signs of strain. Calls to slow the development of powerful models fuel doubts over whether the sector's promised profits can justify its staggering costs.
US equity futures fall as leaders of the biggest AI firms propose slowing the technology’s development. China criticizing the warnings saying a Chinese advantage could threaten American national security. Oil prices rising after Saudi Arabia closed a major crude pipeline following attacks. Amy Wu Silverman of RBC Capital Markets joins "Bloomberg Brief" to look ahead to the Fed decision after the inflation report. Bloomberg Contributor Adam Hodge of Bully Pulpit International discusses what to expect from the US midterm elections. (Source: Bloomberg)
"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. (Source: Bloomberg)
Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy, joins Bloomberg's Anna Edwards on "Bloomberg Brief" to discuss her expectations ahead of the Federal Reserve meeting later this week and shares her reaction to tech leaders calling for a slowdown in AI models. (Source: Bloomberg)
Equities fell around the world after leaders of the biggest artificial-intelligence firms proposed slowing the technology’s development, while a jump in oil prices sapped risk sentiment further. Tech stocks led declines as traders fretted that efforts to rein in the advance of cutting-edge AI could dent the boom driving hundreds of billions of dollars in capital expenditure. Nasdaq 100 futures sank 1.4%. OpenAI backer SoftBank Group Corp. slid the most in three months in Japan, while South Korea’s Kospi index slumped 3.3%. In Europe, the Stoxx 600 was little changed. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
AI executives' calls to slow development of the technology are likely to weigh on chipmaker and supply-chain stocks in the near term. Bloomberg's Sunny Bangia and Anthony Stephens break down the news. (Source: Bloomberg)
Beijing, Sept. 12 (Jiji Press)--Energy ministers from the Asia-Pacific Economic Cooperation forum have vowed in a joint statement to boost energy security cooperation, including by fortifying supply chains, amid soaring crude oil prices and growing artificial intelligence-related power demand. At their two-day meeting in Beijing that ended on Friday, the APEC energy ministers stopped short ...
The list of challenges confronting Wall Street piled up this week. Oil firmly above $100. Inflation refusing to disappear. A defiant bond market that all but dared Scott Bessent to bring more policy firepower.
Get a jump start on the US trading day with Vonnie Quinn and Michael Mckee on "Bloomberg Open Interest." Twenty-five years after September 11th, America remembers. Kevin Hassett joins Open Interest on inflation, Fed independence and his memories of that day. Plus, Brandon and Kyle Lutnick on Cantor Fitzgerald’s legacy of giving after losing 658 colleagues. And Cantor Co-CEO Christian Wall on why the AI boom could unleash trillions in new debt. (Source: Bloomberg)
US convertible bond sales have reached their highest annual total on record, according to data compiled by Bloomberg, as companies look to fund heavy artificial intelligence-related spending.
Some of the world’s biggest investors are pushing money managers to fork over more information on their AI-related holdings, as investment firms including Apollo Global Management Inc. and Blackstone Inc. plow billions of dollars into the technology.
US Big Tech firms are borrowing so heavily that bond investors are starting to view some of their emerging-market peers as safer bets.
Chinese frontier artificial intelligence lab DeepSeek has hired underwriters including Citic Securities in preparation for a domestic initial public offering (IPO), according to two people familiar with the matter. Citic Securities was one of the four underwriters tapped by the Hangzhou-based firm, which aims to begin the IPO process this year to list on the Shanghai Stock Exchange’s Nasdaq-like Star market, the people said, asking not to be identified as the information was private. DeepSeek...
Chris Wood, Global Head of Equity Strategy at Jefferies, says he continues to favor the “picks and shovels” trade as long as capital spending holds up. He also says China's domestic market gives it an edge in the AI cycle. He speaks on the sidelines of the KBFG Korea Conference in Seoul. (Source: Bloomberg)
Six months’ salary in a single day. That’s the kind of payoff China’s boom in initial public offerings is handing to a lucky few.
Asian chip stocks were set for a higher open on sustained investor interest in the artificial intelligence theme, while the broader market was expected to come under pressure from escalating Middle East hostilities that sent Brent crude close to $100 a barrel.
Jason Sadler, International Health Global President at Cigna Healthcare, discusses the company's business outlook amid the growing use of AI and rising healthcare costs. (Source: Bloomberg)
Chinese Premier Li Qiang pledged to deepen cooperation with Qatar in energy, investment, AI and diplomatic efforts to de-escalate Middle East tensions. Li delivered the remarks during a meeting on Monday in Beijing with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani, who is on an official two-day visit to China aimed at bolstering bilateral ties. His visit came as Beijing and Doha sought to navigate an increasingly volatile regional security environment and...
Emerging-market equities rallied at the start of the week as optimism over new AI models boosted heavyweight tech stocks, helping counter the drag on sentiment from higher oil prices.