AI Bias Analysis
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Activist fund MAK Capital, led by Michael A. Kaufman, has urged the leadership of German biotech firm Evotec SE to list its US unit and speed up its cost cutting program after the shares have lost about 85% over the past five years.
Source
Bloomberg Markets
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Former US Energy Secretary Ernest Moniz discusses the high likelihood of increased inflation if the conflict in Iran persists, and why the US should be prepared for a 'very long impact.' He talks with Romaine Bostick and Isabelle Lee on "The Close." (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 White House is moving to scrap a program that helps low-income people pay their utility bills at a time when Americans’ energy costs are surging.
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.