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Why ServiceNow Is Buying Cyber Startup Armis for $7.75 Billion
Bloomberg Television· 2025-12-23 21:57
Talk to me a little bit about not so much why you needed a cybersecurity company, but why specifically armies. Yeah, quite a few things. I mean, so I think if you look at with A.I. adoption and the volume of devices out there, the agents which customers have to deal with and medical devices, Iot devices, the volume keeps on going up. Customers are finding it very difficult to do security around them and making sure they're not kind of breaches they have to deal with.And arms is the number one vendor in that ...
GDP Surprise Pushes Stocks Higher | Bloomberg Businessweek Daily 12/23/2025
Bloomberg Television· 2025-12-23 21:14
Market Trends & Economic Indicators - The S&P 500 is pushing higher, potentially reaching a record of 6901 [5] - The market has largely moved on from the Fed's 2% inflation target [8] - AI continues to be a major market driver [9][10] - Consumer spending remains strong, influencing economic growth [8][10][37] Sector Performance - Semiconductor and Amazon are performing well [3] - The Bloomberg Magnificent Seven Index is up 0.7% due to tech rallies [6] - Novo Nordisk shares surged 7.1% after approval to sell a pill version of its obesity shot Wegovy in the U S [6][7] - Gold is surging 1%, while Bitcoin is down 0.3% [6] Real Estate Market - The housing market is transitioning to a new era in 2026, with more sales but flat prices [20][21] - AI boom in San Francisco is causing rents to increase and home prices may have turned a corner [27][28] - Boomers are staying in their larger homes longer, impacting housing supply [24][25] Retail Sector - Ashley Global Retail is experiencing double-digit growth in sales [40] - Saks is struggling and may be heading towards bankruptcy after a merger [48][49] - Service Now is reaching a deal to buy the cybersecurity startup in a deal valued at $7.7 billion [59] Digital Assets - Bitcoin is down 6% year-to-date [19] - Digital asset treasury companies are buying back shares to maintain stock levels [64] - Silver is outperforming, having one of its best years since 1979 [68]
Denmark Tells Trump to Keep His Hands Off Greenland
Bloomberg Television· 2025-12-23 21:05
Well, it's part of Denmark is like saying that someone wants to take over Hawaii or Alaska or Nebraska, if you will. So, it's not so much that we have feel like we have a relationship. It's part of our country.So, people get quite upset over here when these things happen. >> When you when you look at it, I mean, I'm thinking of the air force and the defense of Denmark, and I'm going to suggest, you know, it's not going to compete with the US. What is the approach here to defend these decades and century old ...
Fed Chair Should Cut Rates If Market Does Well, Trump Says
Bloomberg Television· 2025-12-23 20:48
This is a stock market that the president loves to Trump. It's near all time highs. Why worry about it on a day like today when you've got great economic news.Well, you can see in this truth post that Trump is really, really worried about interest rates in particular. This is you know, he's supposed to be meeting with Rick Rieder, potential Fed chair this week. And as he's kind of started to figure out, is that he is not able to compel markets to do exactly what he wants them to do.We've seen this time and ...
Kansas City Chiefs Says They're Moving to Kansas
Bloomberg Television· 2025-12-23 20:33
Is this simply a negotiation that Kansas City Chiefs is doing to try to get a better deal out of Kansas City. So it's not final that the Kansas City Chiefs are definitely moving to Kansas, but it's pretty much set in stone at this point. The NFL owners still do need to approve the deal, but ultimately, Kansas came up with more money than Missouri and Kansas City, Missouri were willing to offer.So the team did successfully play both cities against each other. Also, the Kansas City Chiefs did make an earnest ...
Gold and Silver Rise to Records on Rate-Cut Bets, Global Risks
Bloomberg Television· 2025-12-23 20:27
Market Dynamics & Macroeconomic Factors - Surge in gold and silver prices is attributed to both fundamental economic issues and speculative human behavior [1][4] - Global trade impediments disrupt currency flows, discouraging foreign investment in US Treasuries and potentially increasing borrowing costs [2] - Trade disruptions may pressure the Federal Reserve, impacting the US's ability to borrow cheaply for overseas investment [2][3] - Weaponization of the dollar also impacts precious metal space [3] Speculative Investment - Speculators, previously focused on meme coins and SPACs, have returned to the precious metals space, increasing volatility [4] - Technical factors and speculative activity contribute to market movements in precious metals [5] Risk Management & Investment Strategy - Mining companies prioritize management teams and resource allocation as key factors for risk management [6][7] - Buying protection can mitigate downside risk but may lead to underperformance in a bull market [8] - Investment decisions should align with individual risk tolerance [8] - The industry aims to communicate effectively so investors can make informed choices [8]
Connecticut's Lamont Blasts Trump Order to Stop Wind Power Projects
Bloomberg Television· 2025-12-23 20:26
If, in fact, this is halted here. The mayor of New London, Michael Bizzaro, says the Grinch has just stolen Christmas. Is he right.Not a heck of a Christmas present, was it. What you just heard the president say. It does high wind power, but he's not the leader of things that were committed a long time ago.Are we in revolution when was actually permitted under from one back in 2000, 1890. So a long time ago. So this was a real shock to our system.They did it to us over Labor Day as well. Remember, they had ...
Saks Mulls Bankruptcy After Raising Billions for Turnaround
Bloomberg Television· 2025-12-23 19:56
How soon are we talking. What's pushed them over the edge here. Well, it's important to note that Sachs has been struggling almost from jump from as soon as they completed this merger with Neiman Marcus.And that was only one year ago today. And by the middle of this year, they were raising more money from the lenders whose bonds were trading at about half of their face value in order to pursue a turnaround and give themselves more runway. So those lenders threw even more money after what they had provided i ...
New Epstein Files Say Trump Flew on Jet With Him
Bloomberg Television· 2025-12-23 19:44
We've got another big dump. Thousands more Epstein files. And the president's name is appearing more times in this tranche than the first.He was asked about this at Mar a Lago last evening. Here's what Donald Trump said. Everybody was friendly with this guy, either friendly or not friendly, but they were you know, he was around he was all over Palm Beach and other places.The head of Harvard was his best friend, Larry Summers. And Bill Clinton was a friend of his. But everybody was.So downplaying his relatio ...
#Trump Is Rerouting Trillions in Capital During His Second Term #politics #shorts
Bloomberg Television· 2025-12-23 18:47
Policy & Regulation Impact - The US government is rerouting hundreds of billions of dollars through the economy via executive orders [1] - A new law, the Genius Act, is converting the crypto industry into a major buyer of Treasury bills, redirecting tens of billions of dollars toward Washington's borrowing needs [2] - Proposed changes to capital rules could free up balance sheet space for big banks, allowing them to hold more treasuries and expand repo lending [5] Energy Sector Shifts - The administration is speeding up fossil fuel permits and phasing out key clean energy tax credits earlier than expected [3] - This is cooling investment in offshore wind and EVs while reviving drilling projects in midstream pipelines, shifting big money out of green power and back toward oil and gas [3] Financial Market Restructuring - Fannie Mae and Freddie Mac are being prepared for a return to private ownership, which could lead to massive equity raises and changes in how home loans are financed and priced [4] - A new executive order makes it easier for retirement plans to offer private equity and private credit options for workers, potentially pushing billions into alternative asset managers [3][4] Potential Risks & Criticisms - Critics argue that the proposed changes to capital rules will make the financial system more fragile and give big banks an even greater competitive advantage [5]