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Oracle Kicks Off $20 Billion Capital Raise

5 days 21 hours ago
Bloomberg’s Ed Ludlow breaks down debt offerings from Oracle, which is kicking off a $20 billion capital raise to finance its AI infrastructure spending, and Alphabet, which is tapping the European debt markets. Plus, Anthropic's revenue hits nearly $17 billion in the third quarter and Matt Witheiler, head of late-stage growth at Wellington and an Anthropic investor, joins to discuss new details from the amended IPO filing. And Apple is trading at its priciest level since 2008, ahead of its earnings. (Source: Bloomberg)

AI Will Create 'Weird' Economic Benefits: Manidis

5 days 21 hours ago
A new essay called "The Commanding Heights" argues that as artificial intelligence becomes cheaper and more widely available, the biggest economic gains will ultimately flow to the companies best at diffusing AI into the real world. Will Manidis, co-author of the essay and SVP of Veradigm AI, discusses what he sees as the market’s mispricing of AI’s benefits and why the creators of the technology aren't always its biggest winners. Manidis joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Mendler's Northwood Reaches $2 Billion Valuation

5 days 21 hours ago
Aerospace startup Northwood raises $375 million at a $2 billion valuation to expand its production and deployment of the ground infrastructure needed by the space industry. CEO Bridgit Mendler speaks with Bloomberg's Ed Ludlow on "Bloomberg Tech." She joins from Northwood's new 185,000-square-foot factory. (Source: Bloomberg)

Slumping Crude Oil Prices Weigh on Sugar

5 days 21 hours ago
March NY world sugar #11 (SBH27 ) is down -0.23 (-1.19%) today, and December London ICE white sugar #5 (SWZ26 ) is down -6.10 (-1.18%). Sugar prices are falling today, with London sugar sliding to a 5-week low after WTI crude oil (CLZ26 ) plunged -7% to a 1.5-week low....

Slumping Crude Oil Prices Weigh on Sugar

5 days 21 hours ago
March NY world sugar #11 (SBH27 ) is down -0.23 (-1.19%) today, and December London ICE white sugar #5 (SWZ26 ) is down -6.10 (-1.18%). Sugar prices are falling today, with London sugar sliding to a 5-week low after WTI crude oil (CLZ26 ) plunged -7% to a 1.5-week low....

Stocks Rally as Crude Oil Sinks on US-Iran Hopes

5 days 21 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.74% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.74%. December E-mini S&P futures (ESZ26 ) are up +0.72%, and December E-mini Nasdaq futures...

Coffee Prices Climb on Tighter ICE Inventories

5 days 21 hours ago
December arabica coffee (KCZ26 ) is up +6.50 (+2.26) today, and January ICE robusta coffee (RMF27 ) is up +43 (+1.34%). Coffee prices are sharply higher today, with robusta climbing to a 1-week high. Tight coffee inventories are underpinning prices. ICE arabica inventories fell to a 1.5-month low of 222,035...

Cocoa Prices Pressured by Rising ICE Inventories

5 days 21 hours ago
December ICE NY cocoa (CCZ26 ) is down -18 (-0.33%) today, and ICE London cocoa #7 (CAZ26 ) is down -17 (-0.41%). Cocoa prices are under pressure today, with London cocoa falling to a 3-week low. Rising ICE cocoa inventories are weighing on prices. ICE cocoa inventories have steadily increased...

Cocoa Prices Pressured by Rising ICE Inventories

5 days 21 hours ago
December ICE NY cocoa (CCZ26 ) is down -18 (-0.33%) today, and ICE London cocoa #7 (CAZ26 ) is down -17 (-0.41%). Cocoa prices are under pressure today, with London cocoa falling to a 3-week low. Rising ICE cocoa inventories are weighing on prices. ICE cocoa inventories have steadily increased...