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19.02.26 - 01:18
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Morgan Stanley′s Wilson: We′re In New Economic, Earnings Cycle (Bloomberg)
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Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, joins Bloomberg Businessweek Daily to discuss his 2026 market outlook, saying that market broadening is happening now as the US economy and market begins a new cycle. "There have been many parts of the economy that have been sort of mired in a recession for the last three years or so, and they're just now starting to emerge," Wilson says. "That broadening out is the real story." Wilson also reiterates his 7,800 S&P 500 year-end target. Wilson speaks with Carol Massar, Tim Stenovec, and Bloomberg News Equities Reporter Alexandra Semenova. (Source: Bloomberg)...
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19.02.26 - 00:48
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Zuckerberg Says ′Difficult′ to Enforce Instagram Age Limits (Bloomberg)
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Mark Zuckerberg testified that it's “very difficult” to enforce Instagram's age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company's efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some “proactive tools” to try to identify and remove accounts used by children under 13, but called it a “challenging” problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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19.02.26 - 00:36
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Coach CEO: Tariffs no Longer in Play Internationally (Bloomberg)
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Todd Kahn, CEO and brand president of Coach, discusses the brand's growth, attributing much of its recent success to a strategic focus on Gen Z consumers. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...
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19.02.26 - 00:24
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Housing Starts Rise to Five-Month High in Broad Increase (Bloomberg)
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New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall's federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year's end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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19.02.26 - 00:24
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Travel + Leisure CEO on Earnings, Leisure Momentum (Bloomberg)
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Michael Brown, president and CEO of Travel + Leisure Co., discusses the company's latest earnings report and record stock close. He tells Romaine Bostick and Katie Greifeld on “The Close” that consumer spending on travel remains robust. (Source: Bloomberg)...
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19.02.26 - 00:18
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Apollo Seeks to Reassure Clients About Executives′ Epstein Ties (Bloomberg)
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Apollo Global Management Inc. sought to reassure clients that its top executives didn't have a relationship with disgraced financier Jeffrey Epstein after some employees — including Chief Executive Officer Marc Rowan — were named in newly released files by the Justice Department....
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19.02.26 - 00:12
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Wellington CEO on ′Big Foray′ Into Private Markets (Bloomberg)
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Jean Hynes, CEO of Wellington Management, discusses investment strategy and the growing role of private assets in portfolios with Romaine Bostick and Katie Greifeld on “The Close.” She says the firm believes it has a “real edge” in its investments. (Source: Bloomberg)...
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19.02.26 - 00:06
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Where to Expect Software Consolidation: Investment Committee (Bloomberg)
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Barclays estimates software now makes up about 20% of all loans held by BDCs, making it their largest sector exposure. This week's investment committee on "Bloomberg Deals" discusses the possible pain points in software. Guests include: Nenad Milicevic-Helac, Americas co-leader of TMT Alixpartners, Songyee Yoon, founder and managing partner of Principal Venture Partners, and Anura Rana, Bloomberg Intelligence. (Source: Bloomberg)...
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19.02.26 - 00:01
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BofA′s Stewart: Non-US Firms Looking to Invest Stateside (Bloomberg)
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Wendy Stewart, president of Global Commercial Banking at Bank of America, discusses how international investors and middle-market companies are adapting their strategies in response to geopolitical and macroeconomic uncertainty. She speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...
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