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#AI is already taking jobs in the financial sector, says Klarna CEO

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AI Jobs Shock Is Coming and Firms Aren’t Ready, Klarna CEO Says
From technology firms to translators, the world has not faced up to the consequences of artificial intelligence wiping out swathes of jobs, according to one of AI’s biggest cheerleaders in finance.

https://www.bloomberg.com/news/articles/2025-10-10/ai-jobs-shock-is-coming-and-firms-aren-t-ready-klarna-ceo-says?srnd=homepage-uk

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Markets Weigh Widening War, Big Tech Earnings | The Asia Trade 7/23/2026

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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.

Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:03:02 – Alphabet drops as capex overshadows cloud beat
00:09:38 – Investors seek AI trade clues in big tech earnings
00:17:29 – Dunne Insights Founder and CEO Michael Dunne on Tesla earnings
00:26:07 – Houthis attack two Saudi tankers in the Red Sea
00:31:12 – US, India push to reach trade deal
00:40:35 – Samsung’s $400,000 bonuses fuel labor disputes
00:44:22 – Macquarie CEO Shemara Wikramanayake to retire in Nov.
00:47:40 – Markets open in Japan, South Korea and Australia
00:52:14 – Investors weigh Alphabet, Tesla earnings
00:53:59 – M&G Investments’ Vikas Pershad on market strategy
01:04:17 – Houthi threats give oil markets a ‘two chokepoint problem’
01:09:37 – Trump allies eye SVB review as way to oust a Fed governor
01:13:03 – BOJ said to be open to faster rate hike pace
01:17:03 – US official: Moonshot accessed banned Nvidia chips
01:21:37 – Bloomberg Opinion: CXMT’s $10B IPO is a poisoned chalice
01:24:51 – Hinrich Foundation’s Deborah Elms on Trump tariffs
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Alibaba’s Qwen Model Raises Stakes in AI Race | The China Show | 7/20/2026

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – Bloomberg: The China Show opens
00:01:51 – China’s Loan Prime Rates left unchanged
00:05:49 – Alibaba’s flagship Qwen model raises the stakes in AI
00:07:19 – China stocks seen benefiting from global AI rotation
00:10:42 – Ninth wave of US strikes on Iran fuels oil concerns
00:15:00 – AI and tech opportunities with LGT Private Banking’s Stefan Hofer
00:29:03 – BNP Paribas’ Jason Lui on China markets
00:35:09 – Breaking: Rubio says Xi still expected to visit US after Trump remarks
00:37:08 – ABB Robotics’ Henry Han on physical AI
00:50:29 – China’s AI trade and rising oil prices in focus
00:57:15 – TSMC’s Wendell Huang on the timeline for Arizona expansion
01:00:53 – Breaking: Zhongji Innolight begins investor outreach for HK listing
01:06:39 – Matrix Robotics’ Allen Zhang on business strategy
01:18:55 – Spain beats Argentina to capture FIFA World Cup title
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Moonshot’s Kimi K3 Model Surprises Wall Street and Silicon Valley

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George Chen, Partner and Digital Practice Chair at The Asia Group, discusses his outlook for China’s strategy for AI development, as players like Moonshot AI release models that are more advanced open-weight, that can outperform all rivals except for Anthropic’s Claude Fable and OpenAI’s GPT-5.6 on overall capability. He speaks on the sidelines of the World AI Conference in Shanghai on “Bloomberg: The Asia Trade”.
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How will prediction markets be regulated?

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Prediction markets, which allow people to put money on everything from elections to sporting events, have grown into a multibillion dollar industry. Their rapid expansion has triggered a wave of lawsuits over one fundamental question: who gets to regulate them, states or the federal government?

States argue many of the contracts offered on prediction market platforms are simply another form of gambling and fall under state gaming laws. Prediction market companies contend that their contracts are financial products that should be regulated under federal commodities law.

In this video, we explain how prediction markets work, why states and the Commodity Futures Trading Commission disagree over who has authority to regulate them, how courts have responded to the growing number of lawsuits, and why the answers could reshape the future of sports betting, event contracts, and prediction markets in the US.

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Lockheed’s Martin Says Space Is Now Key to Warfighting Plans

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The UK is hosting the Farnborough International Air Show, a key gathering of leaders in the aerospace industry. Wes Streeting, the new UK Defence Secretary, has set aside billions for space capabilities. But how well prepared are the UK and its allies to operate in the warfighting domain of the future? Robert Lightfoot, President of Lockheed Martin Space, joins Caroline Hepker and James Woolcock on Bloomberg Radio to discuss.
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