Bloomberg Markets
Shipments at year-to-date high as more processing plants are hit by Ukraine’s long-range drones
Bloomberg Markets
Man Group Plc says “bubble risks” are mounting as bond sales boom in the race to build out artificial intelligence infrastructure.
MarketWatch
The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor
One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker
Yahoo Finance
Bloomberg Markets
Asia economist Peiqian Liu of Fidelity International discusses recent Chinese economic data, highlighting that while industrial production figures appear strong, they have been partly buoyed by robust export performance and growth in AI-related industries. Despite these positive elements, broader indicators such as retail sales and investment have shown declines, suggesting a mixed economic outlook for China. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Sree Kochugovindan, Senior Research Economist at Aberdeen Investments, discussed the implications of a potential reopening of the Strait, highlighting it as a positive development for inflation. While the reopening would help reduce inflationary pressures, Kochugovindan emphasized that the process will take time due to necessary demining operations and insurance clearances before shipping can fully resume. He noted ongoing inflationary pressures in countries like the US and Japan, evidenced by e
Bloomberg Markets
Equity futures were slighly higher on Tuesday as rising confidence about a US-Iran agreement sent oil prices lower. SpaceX is set for a more than 50% jump in in first three sessions if premarket gains are sustained.
MarketWatch
T. Rowe Price fund manager David Giroux says Big Tech isn’t in a bubble, but there’s value in healthcare and utilities.
Bloomberg Markets
US equity-index futures are higher after a three-day rally in stocks. Contracts on the S&P 500 Index are up 0.1% at 7:40 a.m. in New York.
Bloomberg Markets
Buyers of crude from the Persian Gulf will want to make sure they are better prepared to cope with any future disruptions.