08.07.2024 22:13U.S. Creates High-Tech Global Supply Chains to Blunt Risks Tied to China The Biden administration is trying to get foreign companies to invest in chip-making in the United States and more countries to set up factories to do final assembly and packaging.08.07.2024 22:05Boeing Agrees to Plead Guilty to Felony Charge Over 737 Max Crashes As part of the deal, stemming from fatal 737 Max crashes in 2018 and 2019, the company agreed to pay a fine of nearly half a billion dollars and strengthen its safety programs.08.07.2024 22:05Poland and Moldova Seek to Help Ukraine Boost Power Security Poland and Moldova are looking for ways to help Ukraine boost its electricity security amid a barrage of recent Russian attacks on power facilities.08.07.2024 21:58Paramount-Skydance Complete Deal, Ellison to Be CEO Paramount Global and Skydance Media agreed to a merger that hands control of the storied Hollywood studio to producer David Ellison. Paramount Chair Shari Redstone agreed to sell her family’s National Amusements Inc., which controls about 77% of the voting stock in Paramount, for $2.4 billion, completing a deal that was months in the making. Felix Gillette reports on Bloomberg Television. (Source: Bloomberg)08.07.2024 21:55Key Scarcity Indicator Flashes Warning Sign for Funding Market An indicator of potential funding strains tied to the Federal Reserve’s balance-sheet unwind is flashing an early warning.08.07.2024 21:44 Bloomberg Surveillance 07/08/2024 Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets under surveillance. Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day. (Source: Bloomberg)08.07.2024 21:42What to Watch for With Earnings Season Straight Ahead Brian Belski, Chief Investment Strategist at BMO Capital Markets, discusses the need for a market correction and his standout stock to watch heading into the latest round of corporate earnings. Brian speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
Get more on the Bloomberg Surveillance Podcast:
Apple: http://bit.ly/3OPtReI
Spotify: http://bit.ly/42xmHPz
Anywhere: http://bit.ly/3oOD8ZH (Source: Bloomberg)08.07.2024 21:37Auto & Transportation Roundup: Market Talk Find insights on Elliott Management’s investment in Southwest Airlines, Asian shipping companies’ stock moves and more in the latest Market Talks from the auto and transport sectors. ... 08.07.2024 21:37Bridgewater’s Jensen on Political Risk, AI Trading Boost Greg Jensen, co-CIO at Bridgewater Associates, says various market pressures “add up to opportunities for Bridgewater” as he discusses the firm’s 2024 rebound, expectations for significant policy changes under a second Trump administration, and the launch of a $2 billion fund run by machine learning. He speaks on “Bloomberg Open Interest.” (Source: Bloomberg)08.07.2024 21:27Lamborghini CEO Expects Hybrids to Be вЂ?Success Story’ Lamborghini CEO Stephan Winkelmann says the plan is to offer its plug-in hybrid supercars as long as possible beyond the EU’s 2035 deadline to end the sale of new combustion-engine vehicles. Winkelmann discusses what’s next for the luxury automaker on “Bloomberg Open Interest.” (Source: Bloomberg)08.07.2024 21:22Daily Travelers Passing Through U.S. Airport Security Top 3 Million for First Time The July 4th weekend marked the latest high point in a summer travel boom. ... 08.07.2024 21:02Court Nixes Signa Debt Plan, Saying It’s вЂ?Obviously Not Feasible’ An Austrian court has thrown a wrench in attempts to restructure Signa Prime Selection AG, saying a creditor-backed plan to sell property held by Rene Benko’s flagship unit was “obviously not feasible.”08.07.2024 20:57A Wall Street Law Firm Wants to Define Consequences of Anti-Israel Protests Sullivan & Cromwell is requiring job applicants to explain their participation in protests. Critics see the policy as a way to silence speech about the war.08.07.2024 20:55Israeli Troops Return to Gaza City Months After Leaving New incursions into areas the military had withdrew from show how the conflict with Hamas could become a protracted war of attrition. ... 08.07.2024 20:47Canada Move to Limit Mining M&A Hurts Big Metals Producers, Scotia Says New Canadian rules limiting foreign takeovers of mining companies will leave the nation’s biggest metals producers with lower valuations than their global peers, according to Bank of Nova Scotia’s mining analysts.08.07.2024 20:44Milei’s Shock Therapy Sends Demand for Beef to 110-Year Low in Argentina Argentina, famous for its chart-topping consumption of beef, has made a surprising pivot toward cheaper chicken as households try to stretch their dwindling paychecks.08.07.2024 20:41Corn, Soy Slump to Lowest Since 2020 as Hurricane Brings Rains Corn and soybeans slumped to the lowest level since the height of the pandemic as Hurricane Beryl brings rains to the Midwest, potentially boosting yields at a critical time for crop development.08.07.2024 20:38Chinese Alumina Producers Increase Output After Surge in Prices Chinese alumina producers are boosting output to take advantage of the highest prices in more than two years.08.07.2024 20:36Broadcom Kicks Off Bond Sale to Refinance Loans for VMware Deal Broadcom Inc. is tapping the US investment-grade bond market on Monday, to refinance a portion of the loans it secured to pay for its $69 billion acquisition of VMware Inc.08.07.2024 20:28Cotton Fluctuates as Markets Weigh Impact of Hurricane Beryl Cotton fluctuated as traders monitored the path of Hurricane Beryl, which made landfall in Texas early Monday.08.07.2024 20:25Gold Futures Slip But Strong Rally Should Continue Over 2024, ING Says Gold futures slipped, but remained at historically high levels, up nearly 12% in the year-to-date. The rally should last through the end of the year, said ING analysts. ... 08.07.2024 20:22Goldman’s Rubner Sees a Selloff as Next Pain Trade for Equities August is poised to kick off a painful two-week stretch for US stocks as money pours out of equities, according to Goldman Sachs Group Inc.’s Scott Rubner.08.07.2024 20:13CaliforniaВ Earthquake Insurer Sells Muni Debt to Avoid Paying More for Coverage A state-managed earthquake insurer for homeowners in California is opting to borrow from the public debt market in lieu of paying for additional coverage that would shield it against risks.08.07.2024 20:10Devon Energy Nabs Williston Basin Driller in $5 Billion Deal Devon Energy agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal valued at $5 billion. ... 08.07.2024 20:04Morgan Stanley’s Wilson Says a 10% Stock Market Correction Is вЂ?Highly Likely’ Traders should brace for a significant pullback in the stock market as uncertainty swirls around the US presidential campaign, corporate earnings and Federal Reserve policy, according to Morgan Stanley’s Mike Wilson.08.07.2024 20:02Most Johns Hopkins Medical Students to Receive Free Tuition After $1 Billion Gift The school said it received the donation from Michael Bloomberg’s philanthropic organization. ... 08.07.2024 19:33Canada Averts New Threat of Strikes at British Columbia Ports Canada averted a new labor disruption affecting its Pacific Coast ports after the country’s labor-relations board deemed as illegal a strike notice issued by a union representing ship and dock foremen. ... 08.07.2024 19:14Swiss Franc Could Weaken if Interest Rates Fall Further The Swiss franc has recently been in demand as a safe haven due to political uncertainties around the world, but the currency could fall slightly in coming months given the prospect of interest rates bein ... 08.07.2024 19:08Hurricane Beryl Makes Landfall in Texas, More Than One Million Without Power More than 1,200 flights were canceled as the state braced for the Category 1 storm, which caused catastrophic damage during its path across the Caribbean. ... 08.07.2024 19:03U.S. Stock Indexes Open Higher to Start Week Major U.S. stock indexes edged higher at the open to build on last week’s rally. ... 08.07.2024 16:30Biden’s Wall Street Donors Are Increasingly вЂ?Concerned’ Major backers in finance spent the weekend discussing whether to stick with the president, or to call on him to withdraw. 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