Blackrock's Chaudhuri: Expect 2 More Fed Cuts

U.S. stocks rose following a better-than-expected Consumer Price Index (CPI) inflation report, indicating positive market sentiment as discussed during Bloomberg's closing bell coverage. Analysts Romaine Bostick, Katie Greifeld, Carol Massar, and Tim Stenovec provided insights on the market's performance across various platforms.

Paul Abrahimzadeh, a partner at 1789 Capital, discussed the anticipated SpaceX IPO during an interview, highlighting 2025 as a pivotal year for public offerings, driven by a robust backlog and active mergers and acquisitions in Silicon Valley. This insight was shared on Bloomberg's 'The Close' with Romaine Bostick and Katie Greifeld.

The proposed deal for Panama's ports, led by BlackRock, has reached a stalemate as China demands that state-owned Cosco be granted a majority stake for approval. This impasse highlights the complexities involved in international investment negotiations, particularly when state interests are at play.