AI‑driven market gains may be masking deeper risks, with heavy reliance on investment flows and momentum strategies rather than fundamentals, according to Muddy Waters CEO Carson Block. He warned that these dynamics could reverse if AI disrupts labour markets or if financing conditions tighten, potentially affecting global equities and investor flows, including India. Carson Block joined Haslinda Amin on Insight with Haslinda Amin to discuss the risks and shifting investment outlook.
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Attorney General Ken Paxton benefited from a late endorsement from President Donald Trump and enthusiasm from Republicans’ MAGA voters to a historic blowout victory in the Senate primary runoff over incumbent John Cornyn. Bloomberg News Texas Bureau Chief Julie Fine and The New York Times Texas Bureau Chief David Goodman joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss how hard will the Republican establishment rally behind him after backing Cornyn in a bitter campaign that burned through more than $100 million?

Many GOP leaders had argued that Paxton would be a weaker nominee because of his past legal and personal woes. But Senator Ted Cruz and Governor Greg Abbott quickly came out with statements supporting him. His opponent in November will be James Talarico, who’s been building his war chest since winning the Democratic primary outright in March.
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