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UBS's Haefele Says AI-Fueled Trend to Continue 'For Some Time' Mark Haefele, CIO at UBS Global Wealth Management, says the AI-fueled tech stock rally has longer to run but their are now broader opportunities which include UK equities because of their exposure to commodities and infrastructure. He speaks on Bloomberg Television. (Source: Bloomberg) #press
Ex-UBS CFO Wins Bid to Cut Ex-Wife’s Divorce Share by £20 Million An ex-UBS Group AG banker turned sheep farmer, who amassed a £132 million ($168 million) fortune, won a London court bid to cut the amount his ex-wife should get from their divorce by £20 million. #press image
SpaceX Considers Selling Shares at $200 Bln Valuation Elon Musk’s SpaceX has initiated discussions about selling existing shares at a price that could value the closely held company at roughly $200 billion, according to people familiar with the matter. The company is discussing a tender offer that may kick off in June, said some of the people. Bloomberg’s... #press
Bloomberg: The China Show 5/24/2024 “Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg) #press image
US Warns Israel Not to Invade Rafah The US is warning Israel against conducting a major ground invasion of Rafah. "It would lead to more innocent civilian deaths, worsen the already dire humanitarian crisis, deepen the anarchy in Gaza and further isolate Israel internationally," National Security Advisor Jake Sullivan told reporters Monday at the White House. (Source:... #press