Funding & Business
UBS ‘Bullish’ on AI, Sees 20% Earnings Growth for Tech
Mark Andersen, global asset allocation co-head at UBS Wealth Management, discusses the outlook for tech earnings, stocks and the prospect of lower US interest rates. “We lean to the bullish side on AI,” Andersen tells Bloomberg Television. A sharp selloff in heavyweight tech shares dragged markets lower on Tuesday.
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Tether CEO Paolo Ardoino and Tether USAT CEO Bo Hines discusses the launch of their new US-regulated stablecoin with Tim Stenovec and Scarlet Fu on ‘Bloomberg Crypto.’ (Source: Bloomberg)
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Erika McEntarfer, who was fired as commissioner of the Bureau of Labor Statistics last month, said official notice of her dismissal came as a complete surprise in a short email from the White House.
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United Airlines CEO Scott Kirby says demand for air travel is improving which signals a stronger economy. Speaking on “Bloomberg The Close,” Kirby also discusses the current pricing environment, improving the flying experience and the company’s growth strategy. (Source: Bloomberg)
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