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Bloomberg Surveillance 9/25/2025

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day.

00:00:00 Bloomberg Surveillance
00:04:09 Matt Miskin, Manulife John Hancock Investments
00:17:55 Jon Lieber, Eurasia Group
00:25:35 Morning Movers
00:26:55 On Our Radar
00:29:22 Dan Ives, Wedbush Securities
00:41:43 Joseph Spak, UBS
00:51:54 Scott Chronert, Citi
01:07:25 Heidi Crebo-Rediker, Council on Foreign Relations
01:13:23 Morning Movers
01:14:46 On Our Radar
01:17:08 Ozan Tarman, Deutsche Bank
01:28:25 Matthew Hornbach, Morgan Stanley
01:40:19 Brent Schutte, Northwestern Mutual Life Insurance
01:49:33 Stephen Miran, Federal Reserve Governor
02:17:53 Morning Movers
02:19:18 Chris Hyzy, Merrill and Bank of America Private Bank
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Business

Indonesian Stocks Tumble on MSCI Downgrade Warning

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Indonesian stocks suffered their worst rout in nearly three decades after MSCI warned the country’s emerging-market status was in jeopardy. David Ingles and Stephen Engle report.
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South Africa pushes back against US ‘White Supremacy’ agenda

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South Africa’s foreign minister Ronald Lamola describes the US administration’s views as feeding the agenda of White supremacy, and said its policy is a race-based policy executive order. https://www.bloomberg.com/news/articles/2025-11-18/g-20-on-track-despite-trump-s-absence-host-south-africa-says

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Investors Aren’t Wild About Big Tech’s AI Forecasts

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US tech giants started releasing their latest earnings this week, and AI spending plans are getting a hard look from investors. On today’s Big Take podcast, Meta’s plan to spend some $825 billion over the next decade made investors nervous but Microsoft, Alphabet and Amazon may fare better.
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More on Bloomberg Television and Markets

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Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow

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Firmus abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations.
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More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
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More from Bloomberg:
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Republican-led House votes to stop Iran War in rebuke to Trump #shorts #politics #trump #iran

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The Republican-led House voted to halt the US war with Iran, breaking with President Donald Trump on an unpopular foreign conflict that is taking an escalating economic toll on Americans. Joe Mathieu reports https://bloom.bg/43Lus7d

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