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Fed's Musalem Says Rate Hike Probability Is Greater Than Zero
Federal Reserve Bank of St. Louis President Alberto Musalem says the central bank is missing on the inflation side of its mandate during an interview with Bloomberg's Stephanie Flanders at a...
Musalem Says Fed Policy 'At or Slightly Below' Neutral
Federal Reserve Bank of St. Louis President Alberto Musalem says he thought the easing bias was no longer consistent with the balance of economic risks at the FOMC's last meeting. He speaks with...
AI Inference Demand Won't Stop Anytime Soon, Says Benchmark's Vishria
Eric Vishria, partner at Benchmark, joins to discuss the high demand for fast AI inference and to give his outlook for the physical AI space as companies navigate constrains around compute, from...
Anthropic Candidates Pay $4,600 for Coaching to Get Hot Jobs
Landing a job at Anthropic is so competitive that applicants are spending $4,600 on private interview coaching. Candidates say the startup's intense culture screen feels less like an interview and...
Oil Pares Gain on News of Possible US-Iran Pact to Extend Truce
Oil pared gains on a report that the US and Iran have reached a preliminary agreement to extend the ceasefire between the two countries and launch negotiations on the Islamic Republic's nuclear...
Tilman Fertitta's Years-Long Pursuit of Caesars Is Paying Off
Real estate mogul Tilman Fertitta's years-long quest to buy Caesars Entertainment Inc. is finally paying off: His firm struck a $5.7 billion, all-cash deal for the Las Vegas company on Thursday...
Earnings are Trumping Everything, Says Bob Doll
Earnings estimates are surging and the growth of AI spending has served as a counterweight to the hit from Iran. Bob Doll, CIO at Crossmark Global Investments, joins for a discussion on equity...
Travel Stocks Jump on Cease-Fire Talk
Breaking Iran cease-fire headlines sent travel stocks soaring as oil prices dropped sharply. Kayak CEO Peer Bueller joined Bloomberg Open Interest to explain why travelers are still booking trips...
Musalem Says Fed Can't Rely on Possible Productivity Boom From AI
Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers cannot depend on a potential productivity boom from AI to ease elevated inflation at a conference in Reykjavik,...
US and Iran Reach Deal to Extend Truce, Axios Reports
Iran and the US have reached a deal to extend a truce and work toward an agreement to end the war, Axios reported, sending oil prices lower. Tyler Kendall reports on Bloomberg Open Interest. ...
Caesars Entertainment Agrees to Buyout; Snowflake Soars on Outlook | Stock Movers
On this episode of Stock Movers with John Tucker: - Apple is moving on news the next iPhone, iPad and Mac software updates will feature a revamped Siri interface and a new chatbot-style app. The...
Snowflake CEO Weighs In on Sales Outlook, Signing $6 Billion Deal With Amazon
Snowflake Inc. shares jumped after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon's cloud services and chips. Snowflake...
Fed's Jefferson Warns Inflation Risks Are Tilted to the Upside
Federal Reserve Vice Chair Philip Jefferson says he expects inflation to cool later this year as the effects of tariffs and higher energy costs wear off but cautions that inflationary risks remain...
Fed's Williams Says Rates Impact of Productivity Boom Is Unclear
Federal Reserve Bank of New York President John Williams says the answer to whether a lift in productivity will ultimately impact interest rates and the central bank's policymaking is,...
Goldman's Wheeler Sees 'Generational Opportunity' in AI
Miriam Wheeler, Goldman Sachs global head of leverage finance, says investors are focused on hard assets associated with the infrastructure buildout of artificial intelligence and this is a...
AI Is a 'Capacity Creator' for BNY, CEO Vince Says
Robin Vince, CEO at BNY, describes himself as an AI optimist as he explains how the technology fits into the firm's plans over the next five years. ...
US Consumer Spending Increases as Inflation Accelerates
US consumer spending edged up in April, as inflation-adjusted consumer spending rose 0.1% last month, with annual inflation accelerating to the highest level since 2023 on increased energy prices....
Bob Doll Says Stocks Are in a 'High-Risk Bull Market'
Bob Doll, CIO at Crossmark Global Investments, says his firm is trying to be more reactionary than usual in the current market environment and is looking to buy stocks with okay fundamentals. ...
PacSun 'Co-Creating' Brand to Reach Gen Z
PacSun CEO Brieane Olson said that the retailer has built a resurgence by 'co-creating' and listening to a live feedback loop of what Gen Z consumers want to see from the retailer instead of...
Mistral Signs with Airbus and BMW as it Expands Into Physical AI
French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth....
SpaceX takes the bull by the horns
Wall Street Wants to Believe Again
UCB: The Transformation is Complete, Now for the Right Price
Metro Brands's Revenue Expansion Hides Some Soul Searching
Speculative Fever Grips the Nigerian Stock Market
Fed edges closer to a rate hike
America spends, Europe hedges
Currencies: The Dollar Regains Momentum
Commodities: Still buffeted by geopolitics
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