It’s easy to be swayed by outspoken pundits, but their agenda could be very different than yours. It’s possible that the U.S. economy falls into a recession. In fact, at some point… it will. That’s how economic cycles work.
AWS CEO: Generative AI Will Be Explosive Source of Growth
Amazon will invest as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup. AWS CEO Adam Selipsky joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology."
Shale drillers are resisting the lure of soaring oil prices and holding fast to production targets drawn up before crude began its ascent toward $100, said activist investor Ben Dell. He speaks on "Bloomberg Markets."
JPMorgan's Malek Sees Oil Normalizing Towards $100/Bbl
JPMorgan Head of EMEA Energy Equity Research Christyan Malek says the reduction in spare capacity and rising production costs are behind his firm's bullish call for crude oil. "We've looked at historic analysis and $100 oil is not that expensive," he says on "Bloomberg Surveillance."