Analysis: Interviews

Bank of America Slides on $1.21 Billion Fine as Chip Stocks Tumble | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. ...

Financial M&A Is About Scale: Reilly and Naydenova

Nina Naydenova, head of FIG M&A for the Americas at Jefferies, and Elyse Reilly, partner at EY-Parthenon Financial Services, join Scarlet Fu on Bloomberg Deals. ...

BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says

Bank of America Corp. Chief Executive Officer Brian Moynihan addresses the $1.2 billion in fines levied against the company by the US government. He says the bank takes the fines seriously and...

Modal CEO: AI Has Entered a 'New Era of Software'

AI cloud startup Modal has raised $750 million at a $15.75 billion post-money valuation as demand surges for the infrastructure needed to build and run AI applications. CEO Erik Bernhardsson...

ASML Struggles to Keep Up With High AI Demand

ASML is racing to expand capacity as demand for the advanced chipmaking equipment needed to power the AI boom stretches years into the future. Intesa Sanpaolo analyst Antonella Frongillo discusses...

CoreWeave, Neocloud Leverage a Concern for Gil Luria

Gil Luria, head of technology research at DA Davidson, says CoreWeave is destroying value at every turn if the company is borrowing at 9% and the best return they can get off of that is a 5%...

US Mortgage Rates Reach 7.5%; Home-Buying Slump Hits Sixth Week

US mortgage rates continue to rise, pushing down home purchasing activity for a sixth straight week. The MBA's purchase index dropped 4%, marking the sixth straight weekly decline the longest...

Stocks, Bonds Fall as CPI Data Fuel Fed-Hike Bets

Stocks joined bonds lower as the fastest increase in inflation since April bolstered bets the Federal Reserve will keep lifting interest rates amid elevated energy costs. Kenneth Tropin, Chairman...

AI Financing Will Need To Tap Global Markets: August

Glenn August, founder & CEO at Oak Hill Advisors, joins Dani Burger on Bloomberg Deals. They speak CAIS Summit in Beverly Hills, California. ...

AI Will Change Banking Jobs, Says Santander's Botin

Santander Executive Chair Ana Botin says jobs will change as AI advances and acknowledges there could be adjustments, but the bank isn't seeing a major impact on employment yet. Botin also...

Excess Regulation in Europe Is a Big Tax, Botin Says

Santander Executive Chair Ana Botin says Europe has the talent and companies to compete with the US, but needs a level playing field. She says excessive regulation is a big tax on European...

Hot Inflation Lifts Fed Rate-Hike Bets

US Treasuries slumped after hotter-than-expected inflation prompted traders to add to wagers that Federal Reserve officials will raise interest rates later this month and next year. David...

Texas Has Always Been Vexing for Democrats, Poersch Says

JB Poersch, Senate Majority PAC president, says Texas has always been a tough state to win in for Democrats. He speaks at a Bloomberg.com subscriber-only event held in Washington. ...

ASML Up on Supply Plans; BlackRock Reports Earnings | Stock Movers

On this episode of Stock Movers: - BlackRock shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and...

Bank Stocks Brace for Higher Rates

RBC Capital Markets Large Cap US Bank Analyst Gerard Cassidy joins Bloomberg Open Interest to explain why Bank of America's regulatory settlement wasn't a complete surprise and how rising rates...

India Will Overhaul Examination System, Says Education Minister

As the Indian government addresses weaknesses exposed by exam leaks, education minister Pralhad Joshi says that they will revamp the examination system using technology. He spoke on a host of...

CPI 'Opens the Door More' to October Fed Hike, Says PGIM's Sockin

Robert Sockin, chief US economist at PGIM, says the US economy needs two more rate hikes at a minimum and that the broader direction is up for interest rates even if the Federal Reserve does not...

US Consumer Prices Rise at Fastest Pace in Five Months

The US consumer price index rose 0.6% in September from a month earlier, and 3.7% on an annual basis, according to the Bureau of Labor Statistics. The data shows gas prices rose by 9.1%....

Anthropic's Princen on AI Impact on Businesses, Startups

Guillaume Princen, Anthropic Head of International Startups & Digital Native, joins Bloomberg's Tom Mackenzie on The Opening Trade to discuss how artificial intelligence will impact businesses,...