Bloomberg Nachrichten

 

SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion, according to a company message seen by Bloomberg....

Sales of vapes, cigarettes and other tobacco products slumped more than any other grocery category in the UK, a survey showed, a sign that tighter regulations and health concerns are curbing smoking habits....

Moore Threads Technology Co.'s phenomenal debut this month — China's most successful coming-out party since 2019 — capped a year in which investors have grown increasingly excited about the prospects for the country's AI chip advancement. That euphoria may be misplaced....

The Federal Reserve has just cut rates by 25 basis points into an economy it still expects to grow faster next year, raising questions about why it eased and how much further it can go. Former Council of Economic Advisers chair Glenn Hubbard discusses the decision, the neutral rate and why he doesn't see much more room for rate cuts going into 2026. (Source: Bloomberg)...

Ryan Serhant, SERHANT CEO, says New York City doesn't have enough rental supply to meet demand. He tells Romaine Bostick and Katie Greifeld on “The Close” that prices are high not because of market forces but because of policy. (Source: Bloomberg)...

Debby Soo, OpenTable CEO, says consumers continue to prioritize dining out and the overall restaurant experience. She speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...

Thoma Bravo is in talks to merge its shipping software firm Auctane Inc., formerly known as Stamps.com, with third-party logistics provider WWEX Group to form a business that could be worth as much as $12 billion, according to people with knowledge of the matter....

Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt, according to people familiar with the matter....

Priscilla Sims Brown, Amalgamated Bank CEO, says most people agree affordability is a major concern. She tells Romaine Bostick and Katie Greifeld on “The Close” that the bank is deeply engaged in its Commercial Property Assessed Clean Energy program and that 40% of its lending is climate related. (Source: Bloomberg)...

Apollo Global Management Inc. is giving its finance chief and top lawyer retention bonuses totaling $23.5 million....

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

Brazilian airline Azul SA won US court permission to exit bankruptcy and implement a creditor-backed restructuring that trims debt and lines up new investment from United Airlines Holdings Inc. and American Airlines Group Inc....

Tether Holdings SA has submitted a binding all-cash proposal to acquire the remaining stake in the Italian football club Juventus Football Club SpA, seeking full ownership after the El Salvador-based crypto firm invested in the team earlier this year....

All year, Wall Street has braced for something big to break....

Even if Paramount Skydance Corp. manages to take over Warner Bros. Discovery Inc. against the company's will, it faces another high hurdle: coping with the colossal $54 billion of debt it's planning to take on....

On "Bloomberg Real Yield", Maureen O'Connor, global head of high-grade debt syndicate at Wells Fargo Corporate & Investment Bank, and Amanda Lynam, head of macro credit research at BlackRock, talks with Matt Miller about credit spreads, issuance and risks tied to the boom in AI growth. There's a frenzy of development going on to support the AI revolution, and with it an insatiable demand for debt to fund it. Some estimate the overall infrastructure roll-out cost could reach $10 trillion, and with so many lenders lining up to throw cash at the assets, the fear is a bubble is building. (Source: Bloomberg)...

Bloomberg's Ed Ludlow and Caroline Hyde break down Broadcom's plunge after the company's sales outlook failed to meet investors' lofty expectations. Plus, China eyes the largest ever state-backed incentives for its pivotal chip sector, and White House AI Czar David Sacks joins to weigh in on President Trump's executive order aimed at limiting state-level regulation of AI. (Source: Bloomberg)...

On "Bloomberg Real Yield", Alexander Wolf, global head of macro and fixed income strategy at J.P. Morgan Private Bank, and Mike Contopoulos, deputy chief investment officer at Richard Bernstein Advisors, talks with Matt Miller about the Fed's rate decision this week, the next Fed chair and corporate credit. Analysts say that there's plenty to worry about when it comes to credit, from AI oversupply and private market distress to asset-backed blowups and runaway rates. (Source: Bloomberg)...

Troilus Mining Corp. landed a deal that could help supply the development-stage firm with the electricity needed to restart a Quebec gold mine, according to a document released by a provincial lawmaker....

How could this possibly be the case?...