"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: State Street Investment Management Global Head of Research Strategist Matt Bartolini and PIMCO Generalist Portfolio Manager Dave Braun. (Source: Bloomberg)
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: State Street Investment Management Global Head of Research Strategist Matt Bartolini and PIMCO Generalist Portfolio Manager Dave Braun. (Source: Bloomberg)
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.61%. June E-mini S&P futures (ESM26 ) rose +0.64%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.61%. June E-mini S&P futures (ESM26 ) rose +0.64%, and June E-mini Nasdaq futures...
In the seven and a half years since Apple Inc. ’s market capitalization broke through the $1 trillion mark, investors have become accustomed to seeing big tech companies command 13-digit valuations in public markets. There are more on the way. SpaceX , the space exploration company controlled by Tesla Inc. founder and world’s richest man Elon Musk , has signaled it is planning a mega-initial publi...
In the seven and a half years since Apple Inc. ’s market capitalization broke through the $1 trillion mark, investors have become accustomed to seeing big tech companies command 13-digit valuations in public markets. There are more on the way. SpaceX , the space exploration company controlled by Tesla Inc. founder and world’s richest man Elon Musk , has signaled it is planning a mega-initial public offering in the coming months. Artificial intelligence rivals OpenAI and Anthropic also might go public this year, and their private valuations already have soared into the hundreds of billions of dollars. SpaceX has boosted its target valuation to more than $2 trillion for an IPO that could raise as much as $75 billion, Bloomberg News has reported. Whether public-market investors will be prepared to buy shares supporting that valuation remains to be seen. SpaceX has morphed from a relative underdog in the space industry to an aerospace behemoth that receives billions of dollars in government contracts and serves as a backbone for the US space program. In addition to its rocket launch business, SpaceX owns a satellite-based internet broadband service, Starlink, that has become the company’s main cash flow generator. Following an all-stock acquisition in February of xAI, SpaceX also owns Grok, a money-burning AI operation whose flagship product is the Grok AI assistant. X, the microblogging site previously known as Twitter, rounds out its portfolio of businesses. A SpaceX IPO would be a huge market spectacle as investors get a chance to buy into Musk’s fast-evolving vision to create a combined space and AI powerhouse. Yet skeptics say investors might worry that Musk will deplete SpaceX, a company that is the clear leader in its industry, to fund xAI, one of many players in a crowded field. Why is SpaceX planning an IPO? Even though SpaceX is believed to have significant cash flow, largely from Starlink, the company would require a lot more money to fund its biggest ambitio...
(RTTNews) - Extending the gains from the three previous sessions, Canadian stocks inched higher on Monday as investors assessed ceasefire attempts to end the gulf war even as the U.S. ultimatum to Iran to open the Strait of Hormuz lapses tomorrow.
(RTTNews) - Extending the gains from the three previous sessions, Canadian stocks inched higher on Monday as investors assessed ceasefire attempts to end the gulf war even as the U.S. ultimatum to Iran to open the Strait of Hormuz lapses tomorrow.
Wall Street is pricing in a successful end of the war in a few weeks, the normalization of oil supplies over the summer, and unchanged interest rates throughout the year, according to Seeking Alpha analyst Damir Tokic . However, U.S. President Donald Trump has continued to escalate pressure on Tehran, threatening to target power plants, bridges, and other critical facilities if the waterway remain...
Wall Street is pricing in a successful end of the war in a few weeks, the normalization of oil supplies over the summer, and unchanged interest rates throughout the year, according to Seeking Alpha analyst Damir Tokic . However, U.S. President Donald Trump has continued to escalate pressure on Tehran, threatening to target power plants, bridges, and other critical facilities if the waterway remains closed. The Iranian regime, on the other hand, has rejected every ceasefire effort. “As Tuesday's deadline for Iran to open Hormuz approaches, financial markets remain stable, pricing a successful end of the war within the next 2-3 weeks. The oil futures ( CO1:COM ), ( CL1:COM ) curve is pricing a gradual normalization of oil supplies over the summer. The Fed is expected to keep the rates unchanged through 2026, while the stock market ( SP500 ), ( DJI ), ( COMP:IND ) bounce continues,” Tokic said. “However, the subjective probability of a ceasefire is very low, as Iran rejected the ceasefire proposal,” he continued. “Thus, volatility is likely to return as the situation unfolds, which is also signaled by a rising VIX ( VIX ) despite the bounce in the S&P 500 ( SP500 ).” Joseph Brusuelas, RSM U.S. principal and chief economist, added that commodities exported through the Strait of Hormuz matter to the American economy. “The U.S. economy has absorbed the shock caused by the first month of the war in relatively good shape,” he said. “Both the ISM manufacturing and service s surveys imply modest to solid expansion through the first month of the war.” “We will get a better view of the cost to the American public this week via the March U.S. CPI report, where we expect a 1% jump in inflation on the month, which should translate to a 3.5% year-ago increase with risk of a greater increase,” he added. More on the U.S. economy Dollar eases as geopolitical uncertainty keeps markets cautious: Currency Recap ISM Services PMI growth slows more than expected in March Top global stories ...
Uber Technologies (NYSE: UBER) has established itself as a leader in the ride-hailing market. The stock has significantly outpaced broader equities over the past three years as revenue, earnings, and free cash flow have soared. However, some will argue that Uber faces significant risks from several companies working on self-driving vehicles, which could undermine its entire business model as compe...
Uber Technologies (NYSE: UBER) has established itself as a leader in the ride-hailing market. The stock has significantly outpaced broader equities over the past three years as revenue, earnings, and free cash flow have soared. However, some will argue that Uber faces significant risks from several companies working on self-driving vehicles, which could undermine its entire business model as competitors that don't rely on human drivers offer cheaper rides. That said, Uber is well aware of this threat, and instead of building its own fleet of self-driving cars, the company is taking a very different approach. Let's consider why this matters for investors. Image source: Getty Images. Uber has partnered with several companies working to build fleets of autonomous vehicles . The list includes Waymo, which Alphabet owns , as well as a recent deal it signed with Rivian . Rivian does not yet operate level 4 self-driving vehicles, but it is working to build the required technology to make it happen. But why doesn't Uber just build its own self-driving cars? Continue reading
A Large-Cap Tech Stock with Expected Revenue and Earnings Growth and a Worldwide Leader in Visual Computing Technologies Benefiting From Strong AI Growth
A Large-Cap Tech Stock with Expected Revenue and Earnings Growth and a Worldwide Leader in Visual Computing Technologies Benefiting From Strong AI Growth
Mario Tama/Getty Images News Morgan Stanley ( MS ) plans to launch the North Haven Strategic Credit Fund, a non-diversified, closed-end management investment company that operates as an interval fund. The interval fund is expected to offer single access to a wide spectrum of credit strategies, including private corporate loans, private hybrid financing solutions, private asset-based loans, private...
Mario Tama/Getty Images News Morgan Stanley ( MS ) plans to launch the North Haven Strategic Credit Fund, a non-diversified, closed-end management investment company that operates as an interval fund. The interval fund is expected to offer single access to a wide spectrum of credit strategies, including private corporate loans, private hybrid financing solutions, private asset-based loans, private asset-backed lending facilities, broadly syndicated loans, high-yield bonds, securitized assets, and emerging market debt. As a fundamental policy, it will make quarterly offers to repurchase between 5% and 25% of its outstanding shares at net asset value. However, the general anticipation is making repurchases of 5% of outstanding shares on a quarterly basis. The news comes amid growing concerns about systemic risks in the $1.8T private credit market. More on Morgan Stanley Morgan Stanley (MS) Presents at European Financials Conference 2026 Transcript Wall Street Lunch: Private Credit Funds Face $10B Investor Exit Wave Morgan Stanley A Vs. E Preferred Shares: Rating Change For Both Morgan Stanley's E*Trade in talks to lead SpaceX IPO for small investors - report Anthropic weighs IPO as soon as October amid race with OpenAI, report says