Meera Pandit, Executive Director and Global Market Strategist at JPMorgan Asset Management, discussed the recent muted increase in personal consumption expenditures and its implications for Federal Reserve policy. With core inflation at 3.3%, above the 2% target but far below the highs seen in previous years, the Fed faces a dilemma on whether to raise rates further. She speaks with Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)

Brazil’s government is seeking 500 million reais ($97.1 million) in damages from chat app Discord Inc. in a local lawsuit, while also demanding that the platform strengthen protections for children and women and comply with Brazilian law.

Kevin Ooley, the incoming CEO of DataBank and current CFO, joined the program to discuss critical issues surrounding the expansion of data centers. Operating over 70 data centers across more than 25 markets, DataBank faces significant challenges related to power availability and infrastructure. He speaks with Romaine Bostick & Mandeep Singh on "The Close." (Source: Bloomberg)

Aswath Damodaran, Professor of Finance at NYU Stern School of Business, discusses the evolving landscape of AI investments following Nvidia's latest earnings report. He describes the current phase as AI's "bar mitzvah moment," where investors are shifting from valuing companies based on future promises to requiring concrete evidence of progress. He speaks with Romaine Bostick & Mandeep Singh on "The Close." (Source: Bloomberg)

Jack Ablin, Founding Partner and Chief Investment Strategist at Cresset, a $260 billion family office, joined the discussion to provide insights on Nvidia's recent stock performance. Ablin also touched on Nvidia’s recent earnings report and a significant data center lease agreement with terms of 15 years, indicating strong business fundamentals supporting the company's outlook.. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Northwestern Mutual Wealth Chief Portfolio Manager, Equities Matt Stucky, JPMorgan Asset Management Executive Director, Global Market Strategist Meera Pandit, Telsey Advisory Group CEO Dana Telsey, NYU Emeritus Professor, Psychology and Neural Science Gary Marcus, Gabelli Funds Portfolio Manager & Managing Director for […]

Steve Case, Revolution Chair & CEO, & AOL Co-Founder, reflects on the evolution of community building from the early days of AOL's digital chat rooms to today's increasing demand for real-world connections. He highlights how the rise of AI and digital interactions has sparked renewed interest and investment in physical communities, particularly in real estate and hospitality sectors. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Jason Greenberg, Jeffries Global Head of Investment Banking Strategy, Maria Goodpaster, Partner at McKinsey & Company, Kate Dorsey, Managing Director at Stonepeak, Melissa Kalka, M&A, Private Equity Partner at Kirkland & Ellis, and Alex Bazzell, Unrivaled CEO & Co-Founder. (Source: Bloomberg)