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11.12.25 - 16:30
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Oracle Rekindles AI Fears, Fed Cuts Amid Dessent | The Opening Trade 11/12 (Bloomberg)
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European software stocks opened lower today after Oracle fell in late trading as it reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.
The Oracle share drop countered earlier positive sentiment across equities after Fed Chair Jerome Powell cut rates by 25 basis points, amid dissenting votes from Fed policymakers.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson. (Source: Bloomberg)...
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11.12.25 - 16:18
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Howard Marks Sees No Need for More Rate Cuts (Bloomberg)
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Oaktree Capital Management LP co-founder Howard Marks says interest rates don't need to go much lower than they are now. “I believe that the Fed should be passive most of the time and only come to the rescue if the economy is seriously overheated and tending toward hyperinflation or seriously underactive and not creating jobs,” Marks said on Bloomberg Surveillance. “I don't think that's the case right now.”
Marks also says he's worried about how artificial intelligence will impact society and the jobs market. (Source: Bloomberg)...
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11.12.25 - 15:48
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New Lilly Shot Reduces Body Weight by 23% in Study (Bloomberg)
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A next-generation obesity shot from Eli Lilly helped patients lose nearly a quarter of their body weight, potentially making the experimental drug the most potent weight-loss medicine yet. Madison Muller reports on Bloomberg Television. (Source: Bloomberg)...
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11.12.25 - 15:42
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Howard Marks Warns of Little Merit in Further Interest Rate Cuts (Bloomberg)
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The Federal Reserve's “manipulations” around the cost of money will drive people into riskier investments as the return environment moderates, Oaktree Capital Management LP co-founder Howard Marks warned, adding he doesn't see the merit in interest rates being much lower than they are now....
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11.12.25 - 15:12
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The David Rubenstein Show: Ynon Kreiz (Bloomberg)
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Ynon Kreiz, Chairman and CEO of Mattel - the company behind the Barbie doll and Hot Wheels, joins David Rubenstein to discuss his transformation of the brand from a toy manufacturer into an IP-driven entertainment powerhouse. Kreiz also talks about shifting production away from China, navigating retail partnerships, and launching a new collaboration with OpenAI. Kreiz is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. The interview was recorded on October 29 in New York. (Source: Bloomberg)...
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