Still Betting on the Mag 7

Still Betting on the Mag 7

-- Empower Chief Investment Strategist Marta Norton says it's hard to step away from the Magnificent 7 stocks despite them coming off of their highs. She joins Caroline Hyde on Bloomberg Technology. ...
December 12, 2024 at 05:31 pm
Stocks Finish Mostly Lower | Closing Bell

Stocks Finish Mostly Lower | Closing Bell

-- Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. ...
December 12, 2024 at 05:13 pm
S&P 500's Record Rally Shows Cracks

S&P 500's Record Rally Shows Cracks

-- A concerning trend for some Wall Street strategists: S&P 500 Index is now headed for its ninth consecutive day where the number of constituents falling outnumbers those rising. Sitara Sundar,...
December 12, 2024 at 04:41 pm
Walmart's Fintech Races to $2.5 Billion Valuation

Walmart's Fintech Races to $2.5 Billion Valuation

-- Walmart is pouring more firepower into its fledgling financial venture, scoring a $2.5 billion valuation for the startup and signaling its ambition to wade deeper into financial services....
December 12, 2024 at 04:32 pm
Donald Trump Rings Opening Bell and Visits NYSE Floor

Donald Trump Rings Opening Bell and Visits NYSE Floor

-- President-elect Donald Trump rang the opening bell at the New York Stock Exchange and vowed to lower the corporate tax rate from 15% to 21%. The event marked Trump being named Time Magazine's...
December 12, 2024 at 04:26 pm
Market Euphoria May Be Getting Carried Away:  Rockefeller's Chang

Market Euphoria May Be Getting Carried Away: Rockefeller's Chang

-- Rockefeller Global Family Office CIO Jimmy Chang discusses the outlook for bond yields and financial markets under the Trump administration on Bloomberg The Close. ...
December 12, 2024 at 04:19 pm
ServiceTitan Makes a Splash in Wall Street Debut

ServiceTitan Makes a Splash in Wall Street Debut

-- Home repair software business ServiceTitan makes a splash in their IPO debut. Co-founders Ara Mahdessian and Vahe Kuzoyan discuss the company's future and growth with Caroline Hyde on Bloomberg...
December 12, 2024 at 04:08 pm
New San Francisco Mayor on GenAI, City's Outlook

New San Francisco Mayor on GenAI, City's Outlook

-- San Francisco Mayor-elect Daniel Lurie joins Caroline Hyde to discuss his plans to revive the city's business district and attract talent from around the world. Plus, his views on the city being a...
December 12, 2024 at 03:56 pm
Klarna CEO Says AI Is Replacing Workers

Klarna CEO Says AI Is Replacing Workers

-- Klarna CEO Sebastian Siemiatkowski says AI has shown across-the-board benefits as he eyes an expansion into US banking under a new Trump administration. He says AI has helped the company replace...
December 12, 2024 at 03:06 pm
The Collector Cars That Can Make you a Mint

The Collector Cars That Can Make you a Mint

-- Hagerty Insurance has become a media, events and auctions powerhouse after a string of acquisitions in recent years. And the classic-car conglomerate has become known for its Bull Market List'' of...
December 12, 2024 at 02:38 pm
Goldman Sachs Sees Banks Upbeat, Optimistic for 2025

Goldman Sachs Sees Banks Upbeat, Optimistic for 2025

-- Goldman Sachs Financials Group Business Unit Leader Richard Ramsden discusses the main takeaways from the firm's conference this week and expectations for growth in the banking sector in 2025. ...
December 12, 2024 at 02:01 pm
Carlyle's Jenkins on $5.7 Billion Capital Raise, Credit Market

Carlyle's Jenkins on $5.7 Billion Capital Raise, Credit Market

-- Mark Jenkins, Carlyle's head of global credit, discusses Carlyle raising $5.7 billion for its latest flagship credit fund and the outlook for the credit market. Speaking with Sonali Basak on...
December 12, 2024 at 01:37 pm
Goldman's Kostin on Stock Market Outlook, Investment Strategy

Goldman's Kostin on Stock Market Outlook, Investment Strategy

-- David Kostin, Goldman Sachs chief US equity strategist, discusses his forecast for M&A activity and the S&P 500. Speaking on Bloomberg Open Interest, Kostin also discusses his investment strategy...
December 12, 2024 at 11:22 am
Goldman's Kostin Predicts 25% Rise in M&A, S&P at 6,500

Goldman's Kostin Predicts 25% Rise in M&A, S&P at 6,500

-- The animal spirits have really been out in force, David Kostin, Goldman Sachs chief US equity strategist, says. Speaking on Bloomberg Open Interest, Kostin also says he expects a 25% rise in M&A...
December 12, 2024 at 11:11 am
Orszag Says Trump Poised to End "Big-Is-Bad" View of M&A

Orszag Says Trump Poised to End "Big-Is-Bad" View of M&A

-- Lazard Inc. Chief Executive Officer Peter Orszag says President-elect Donald Trump's regulatory appointees signal an end to the Biden administration's big-is-bad view of mergers and acquisitions....
December 12, 2024 at 10:54 am