World PulseNow
Newsletter

AI Akin to Space Race, Says Empower’s Norton

Bloomberg•Friday, September 19, 2025 at 8:13:16 PM
NeutralFinancial Markets
AI Akin to Space Race, Says Empower’s Norton
Marta Norton, Chief Investment Strategist at Empower, draws a parallel between the rapid development of artificial intelligence and the historic space race, highlighting how national interests in AI could introduce new market volatility. This comparison is significant as it underscores the urgency and competitive nature of AI advancements, suggesting that just like the space race, countries are racing to lead in this transformative technology, which could have profound implications for global markets.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Stocks Climb to New Highs as Corporate Bonds Show Strength | The Close 9/19/2025
Bloomberg10 hours ago
Stocks Climb to New Highs as Corporate Bonds Show Strength | The Close 9/19/2025
PositiveFinancial Markets
Stocks have reached new highs, reflecting a strong performance in the corporate bond market. This surge is significant as it indicates investor confidence and economic stability, which can lead to further growth and investment opportunities. With insights from various financial experts, including those from Kestra Investment Management and the University of Pennsylvania, the market's upward trend is being closely monitored, suggesting a positive outlook for the economy.
Read full article
via Bloomberg
DJ John Summit to Launch 'Experts Only' Festival in NYC
Bloomberg10 hours ago
DJ John Summit to Launch 'Experts Only' Festival in NYC
PositiveFinancial Markets
DJ John Summit is set to launch the 'Experts Only' festival in New York City, a project he's been passionately planning for months. This festival not only showcases his journey from finance to music but also aims to expand globally, reflecting the growing influence of electronic music. It's an exciting development for fans and the music industry alike, as it highlights the vibrant culture of live events and the creativity of emerging artists.
Read full article
via Bloomberg
The Choices for Fed Chair Are "Excellent People": Siegel
Bloomberg11 hours ago
The Choices for Fed Chair Are "Excellent People": Siegel
PositiveFinancial Markets
Jeremy Siegel, a finance professor at the Wharton School, expressed confidence in the potential candidates for the Federal Reserve chair position, describing them as 'excellent people.' He reassured that there is no serious threat to the Fed's independence, highlighting the qualifications of the candidates. This is significant as it reflects stability and competence in a crucial economic role, which can influence market confidence and economic policy.
Read full article
via Bloomberg
US weighs Trump-branded website to help shop for cheaper drugs, Bloomberg News reports
Investing.com11 hours ago
US weighs Trump-branded website to help shop for cheaper drugs, Bloomberg News reports
PositiveFinancial Markets
The U.S. government is considering launching a Trump-branded website aimed at helping consumers find cheaper prescription drugs. This initiative could significantly impact healthcare affordability, making it easier for people to access necessary medications without breaking the bank. By leveraging the former president's brand, the site may attract more users and raise awareness about drug pricing issues.
Read full article
via Investing.com
Oracle in Talks With Meta for Cloud Computing Deal
Bloomberg12 hours ago
Oracle in Talks With Meta for Cloud Computing Deal
PositiveFinancial Markets
Oracle is currently in talks with Meta Platforms for a significant cloud computing deal valued at around $20 billion. This multiyear agreement would see Oracle supplying the necessary computing power for Meta to enhance its artificial intelligence capabilities. This partnership is noteworthy as it highlights the growing demand for robust cloud services in the tech industry, especially for companies focused on AI development.
Read full article
via Bloomberg
Fed Faces 'Unprecedented' Inflation vs. Jobs Dilemma, Larry Summers Says
Bloomberg12 hours ago
Fed Faces 'Unprecedented' Inflation vs. Jobs Dilemma, Larry Summers Says
NeutralFinancial Markets
Former Treasury Secretary Lawrence H. Summers has highlighted the unique challenges the Federal Reserve faces today, particularly the balancing act between controlling inflation and maintaining employment levels. He suggests that the current economic climate is unprecedented, with recent rate cuts potentially increasing the risk of inflation over unemployment. This discussion is crucial as it reflects the complexities of monetary policy in a rapidly changing economic landscape.
Read full article
via Bloomberg
S&P 500, Dow, Nasdaq Record Closes | Closing Bell
Bloomberg12 hours ago
S&P 500, Dow, Nasdaq Record Closes | Closing Bell
PositiveFinancial Markets
The U.S. stock market saw a remarkable close with the S&P 500, Dow, and Nasdaq all reaching record highs. This positive momentum reflects investor confidence and strong economic indicators, making it a significant moment for the markets. Coverage by Bloomberg Television and Radio, featuring insights from experts like Romaine Bostick and Katie Greifeld, highlights the importance of these developments for both investors and the broader economy.
Read full article
via Bloomberg
Trump, Xi Discusses Trade, TikTok and Agree to Meetings | Bloomberg Markets 9/19/2025
Bloomberg12 hours ago
Trump, Xi Discusses Trade, TikTok and Agree to Meetings | Bloomberg Markets 9/19/2025
NeutralFinancial Markets
In a recent discussion, Trump and Xi addressed key topics such as trade relations and TikTok, agreeing to hold further meetings. This dialogue is significant as it reflects ongoing efforts to navigate complex economic ties between the U.S. and China, which can impact global markets and trade policies.
Read full article
via Bloomberg
Yesway revives IPO plans, aims to raise $300 million - Bloomberg
Investing.com12 hours ago
Yesway revives IPO plans, aims to raise $300 million - Bloomberg
PositiveFinancial Markets
Yesway is making a comeback with its IPO plans, aiming to raise $300 million. This move is significant as it reflects the company's confidence in its growth potential and the market's readiness for new investments. With the funds, Yesway plans to expand its operations and enhance its services, which could lead to increased competition in the retail sector.
Read full article
via Investing.com
Overcoming Challenges of AI Infrastructure Development
Bloomberg12 hours ago
Overcoming Challenges of AI Infrastructure Development
PositiveFinancial Markets
David Snyderman, managing partner at Magnetar, recently shared insights on Bloomberg Tech about the ongoing efforts to reduce capital costs for data center companies involved in AI infrastructure development. This discussion is crucial as it highlights the importance of overcoming financial barriers to enhance the growth and efficiency of AI technologies, which are becoming increasingly vital in various sectors.
Read full article
via Bloomberg
New iPhone 17 Lineup Goes on Sale
Bloomberg13 hours ago
New iPhone 17 Lineup Goes on Sale
PositiveFinancial Markets
The new iPhone 17 lineup, including the Pro, Pro Max, and Air models, has officially hit the market, drawing enthusiastic crowds at stores. This launch is significant as it showcases Apple's continued innovation and popularity in the smartphone sector, despite some supply concerns highlighted by Bloomberg's Dana Wollman. The excitement around the new features and designs could drive strong sales and reinforce Apple's position in the tech industry.
Read full article
via Bloomberg
Aptiv explores sale of electrical distribution unit at $5 billion - Bloomberg
Investing.com13 hours ago
Aptiv explores sale of electrical distribution unit at $5 billion - Bloomberg
NeutralFinancial Markets
Aptiv is reportedly considering the sale of its electrical distribution unit, which could be valued at around $5 billion. This move highlights the company's strategic focus on optimizing its portfolio and potentially reallocating resources to more profitable areas. Such a sale could impact the market dynamics in the automotive sector, as Aptiv is a key player in providing advanced technology solutions.
Read full article
via Investing.com
Latest from Financial Markets
Michael Froman on the New ‘Polyamorous’ Global Trading System
Bloombergan hour ago
Michael Froman on the New ‘Polyamorous’ Global Trading System
PositiveFinancial Markets
Michael Froman discusses the evolving landscape of global trade, highlighting a new 'polyamorous' approach that embraces multiple partnerships and collaborations. This shift is significant as it reflects the complexities of modern economies and the need for nations to adapt to changing dynamics. By fostering diverse trade relationships, countries can enhance their economic resilience and create more opportunities for growth.
Read full article
via Bloomberg
Australia’s Optus vows to cooperate with probes amid outrage over emergency call services outage
Investing.coman hour ago
Australia’s Optus vows to cooperate with probes amid outrage over emergency call services outage
NegativeFinancial Markets
Australia's Optus is facing significant backlash following a major outage of its emergency call services, prompting the company to pledge cooperation with ongoing investigations. This incident raises serious concerns about the reliability of telecommunications during critical situations, highlighting the importance of robust infrastructure and accountability in the sector.
Read full article
via Investing.com
EV maker Polestar recalls over 27,000 US vehicles due to rearview camera issue, NHTSA says
Investing.coman hour ago
EV maker Polestar recalls over 27,000 US vehicles due to rearview camera issue, NHTSA says
NegativeFinancial Markets
Polestar, the electric vehicle manufacturer, has announced a recall of over 27,000 vehicles in the US due to a rearview camera issue, as reported by the National Highway Traffic Safety Administration (NHTSA). This recall is significant as it highlights ongoing safety concerns in the EV industry, emphasizing the importance of reliable safety features in vehicles. Consumers need to be aware of such recalls to ensure their safety on the road.
Read full article
via Investing.com
AI-picked stocks now up 150%+; an 111% outperformance vs. the S&P 500
Investing.coman hour ago
AI-picked stocks now up 150%+; an 111% outperformance vs. the S&P 500
PositiveFinancial Markets
AI-selected stocks have surged over 150%, significantly outperforming the S&P 500 by 111%. This remarkable performance highlights the growing influence of artificial intelligence in investment strategies, showcasing its potential to identify lucrative opportunities in the market. As investors increasingly turn to AI for guidance, this trend could reshape how portfolios are managed and lead to more informed decision-making.
Read full article
via Investing.com
Is Kering’s rebound just another yo-yo trade? Bernstein weighs in
Investing.coman hour ago
Is Kering’s rebound just another yo-yo trade? Bernstein weighs in
NeutralFinancial Markets
Kering's recent performance has sparked discussions about whether its rebound is sustainable or just a temporary fluctuation. Bernstein analysts have weighed in, suggesting that while there are positive indicators, investors should remain cautious. This matters because Kering is a major player in the luxury goods market, and its stock movements can influence broader market trends.
Read full article
via Investing.com
ECB Needs December Cut to Safely Reach 2% Inflation, Simkus Says
Bloomberg2 hours ago
ECB Needs December Cut to Safely Reach 2% Inflation, Simkus Says
PositiveFinancial Markets
Governing Council member Gediminas Simkus has emphasized the importance of the European Central Bank lowering interest rates in December to maintain a healthy balance between inflation and economic growth. This move could help ensure that inflation remains around the target of 2%, which is crucial for economic stability in the Eurozone.
Read full article
via Bloomberg