One year ago, Waystar made its debut on the public market and it was one of 2024's largest deals, raising around $1 billion at the time. Waystar CEO Matt Hawkin said at the time, he was building a durable, high growth, AI powered business with the goal of simplifying healthcare payments. He speaks with Vonnie Quinn on how things went in the first year. (Source: Bloomberg)
Brazil is selling $2.75 billion in dollar bonds, offering debt for the second time in less than six months as investors seeking to diversify away from the US fuel a rally in emerging-market assets.
Chipmaker GlobalFoundries plans to spend $16 billion to bolster production in New York and Vermont. GlobalFoundries CEO Tim Breen joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology." (Source: Bloomberg)
Treasuries rallied after weaker-than-expected economic data reinforced speculation that the Federal Reserve will cut interest rates at least twice this year to prevent an economic recession.
Hedge fund founder George Weiss has filed personal bankruptcy months after a federal judge ruled he’s liable for more than $100 million in debt his eponymous firm owes Jefferies Financial Group Inc.
Banco Santander SA has nominated Manuel Preto to become its new chief accounting officer, dropping plans to appoint former Itau Unibanco Holding SA Chief Financial Officer Alexsandro Broedel Lopes who has been accused of fraud by his former employer.
Donald Trump has proven to be a lot more malleable than many in the financial world initially anticipated. Equity markets have adapted well, and now trade on the theme that Trump always chickens out (or TACO for short). That helped the S&P 500 gain 7% last month. But will this last? And will Trump capitulate again when the 90-day reciprocal tariff deadline comes?
KKR & Co. withdrew its bid to invest £4 billion ($5.4 billion) in Thames Water when the US infrastructure giant realized there was little upside to a deal, according to people familiar with the deliberations.
Treasury yields tumbled after weaker-than-expected gauges of job creation and service-sector activity strengthened traders’ conviction that the Federal Reserve could cut interest rates as soon as September.
Ann Bordetsky, NEA partner, says artificial intelligence will drive a new consumer tech renaissance and investors will find bigger returns from consumer AI than from enterprise. Bordetsky joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” (Source: Bloomberg)
Permira co-Managing Partner and co-CEO Brian Ruder explains why the $25 per share price that Salesforce is paying for Informatica is good for his investors. Ruder joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology." (Source: Bloomberg)
James Clarke, head of institutional business at Blue Owl Capital, says, "there’s a lot going on that has been a massive sea change in the alternative space." with major credit firms squeezing out smaller players as investors look to consolidate relationships. He speaks with Bloomberg’s Dani Burger on the sidelines of the SuperReturn Conference in Berlin. (Corrects name of guest in headline) (Source: Bloomberg)
Video of a fatal Tesla crash from 2023 shows the role of what the carmaker calls Full Self-Driving, or FSD, played. Bloomberg’s Craig Trudell breaks down what happened and why it matters now, with Caroline Hyde and Ed Ludlow on “Bloomberg Technology." (Source: Bloomberg)
US equities eked out a third straight session of gains on Wednesday as a rally in big technology stocks offset weak economic data on jobs and services.
Diversity Equity and Inclusion is back in spotlight with President Donald Trump's crack down on the policy. Bloomberg' news Shaquille Omari explains how the president's push to end DEI is reframing corporate America. Bloomberg's Shaquille Omari reports. (Source: Bloomberg)
Wall Street calls it a golden age for alternative assets. Richard Ennis, who spent decades helping pensions and endowments devise modern portfolios, calls it a costly delusion draining billions from portfolios — one that will come undone in the coming decades. Bloomberg's Denitsa Tsekova has more on the story. (Source: Bloomberg)
President Donald Trump is attempting to reshape corporate America by cracking down on DEI initiatives. The Verna Myers Company Diversity Pioneer Vernā Myers explains the implications on these cuts on "Bloomberg Markets. (Source: Bloomberg)
Wells Fargo CFO Mike Santomassimo reacts to the bank being released from a Federal Reserve asset cap that has restricted its size for over seven years. Speaking on “Bloomberg The Close,” Santomassimo also discusses the state of consumer spending and Wells Fargo’s deposits business.
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