AI Bias Analysis
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Pacific Investment Management Co. is in talks with Bank of America Corp. to help provide roughly $14 billion of debt financing to build a massive Oracle Corp. data center in Michigan, according to people familiar with the matter.
Source
Bloomberg Markets
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Rick Rieder, BlackRock's global fixed income CIO, says geopolitical risks have caused a "period of stasis" in markets during an interview on "Bloomberg The Close." (Source: Bloomberg)
Stocks fell and oil rose on concern the war in the Middle East is intensifying ahead of President Donald Trump’s deadline for Iran to agree to a ceasefire deal. Fears that an escalation of the conflict could heighten an energy squeeze and endanger the global economy curbed risk appetite, with the S&P 500 halting a four-day advance. Jim Caron, Morgan Stanley Investment Management Portfolio Solutions Group CIO joins to discuss what investors should do in this environment. (Source: Bloomberg)
Texas' entrepreneurial culture continues to nurture startups and corporate expansion alike, says Edward Crawford, co-founder and co-CEO of Coltala Holdings and an advisory board member for NYSE Texas. Business in the state, he says, moves at ``speed of trust,'' holding down costs because commerce is fast and fluid. He speaks with Bloomberg's Julie Fine in Dallas. (Source: Bloomberg)
Persistence separates great leaders from everyone else according to Matt McKnight, CEO of Perimeter. He joined Bloomberg Open Interest to talk about why the most impactful leaders choose problems that seem unsolvable and stay with them anyway. He says you will hear no, that will not work or we have tried that before, but if you understand your domain, think from first principles, and bring others along, you can change entire industries. (Source: Bloomberg)
