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Rockefeller’s Ruchir Sharma Warns AI Bubble To Burst After 10-Year Yield Hits 5%

1 hour 5 minutes ago
Ruchir Sharma, Chairman at Rockefeller International and Founder and CIO of Breakout Capital, warns that rising Treasury yields could become a danger zone for the AI trade. Sharma’s recent column arguing that a 5% level on the 10-year yield could potentially derail the AI boom, notes that yields are now meaningfully above that threshold and asking what 5.2% implies for the sector. He speaks with Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)

Former Disney CEO Bob Chapek Says Company Needs a 'Growth Engine'

1 hour 5 minutes ago
Former Walt Disney CEO Bob Chapek says the firm needs a 'growth engine' while speaking during an interview on Bloomberg Businessweek Daily. Chapek also says that Disney employees have been discouraged from keeping in contact with him and that he hasn't heard from CEO Josh D'Amaro since 2022. Chapek discusses his departure from the media giant, the company's path ahead, and his new book 'Behind the Castle Walls: My Thirty Years at the Happiest Place on Earth' with Bloomberg's Carol Massar and Tim Stenovec. (Source: Bloomberg)

Stocks Pressured as Crude Prices and Bond Yields Soar

1 hour 6 minutes ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.51% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.76%. December E-mini S&P futures (ESZ26 ) are down -0.52%, and December E-mini...
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Stocks Pressured as Crude Prices and Bond Yields Soar

1 hour 6 minutes ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.51% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.76%. December E-mini S&P futures (ESZ26 ) are down -0.52%, and December E-mini...
Barchart

Stocks Pressured as Crude Prices and Bond Yields Soar

1 hour 6 minutes ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.51% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.76%. December E-mini S&P futures (ESZ26 ) are down -0.52%, and December E-mini...
Barchart

'Twenty Minutes is the New Hour'

1 hour 9 minutes ago
People Pleasing, Procrastination, Perfectionism, and Padding -- the four key barriers that author Fran Hauser says many women have trouble overcoming. She explains how she learned to reclaim her own time during her decades of executive experience in her new book 'Twenty Minutes Is the New Hour: The Ambitious Woman's Guide to Doing Less and Achieving More." (Source: Bloomberg)