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Bloomberg Surveillance 11/21/2025

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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
00:04:52 Cameron Dawson, NewEdge Wealth
00:25:52 Morning Movers
00:27:00 On Our Radar
00:31:40 Ajay Rajadhyaksha, Barclays
00:43:07 Claudia Sahm, New Century Advisors
00:53:01 Stuart Kaiser, Citi
01:12:58 Morning Movers
01:14:16 On Our Radar
01:16:35 Stephen Scherr, Pretium
01:31:31 Savanthi Syth, Raymond James
01:40:07 Ulrike Hoffman-Burchardi, UBS Global Wealth Mgmt.
01:54:02 Gil Luria, DA Davidson
02:00:50 Morning Movers
02:02:38 Stephen Miran, Federal Reserve Governor
02:17:07 Trading Diary
02:17:46 Krishna Guha, Evercore ISI
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Houthis Hit Saudi Aramco Headquarters in Missile Attack

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Saudi Aramco’s headquarters in Dhahran was hit during a missile attack by Yemen’s Houthi militants. A fire broke out in part of the complex. This is according to people with knowledge of the matter. The Houthis have launched several missile attacks against Saudi Arabia in recent days. Kailey Leinz reports.
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Odd Lots: AI Agents Are Already Changing the Price of Goods

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With the release of AI agents like Meta’s Muse, tech companies are promising consumers that they will start saving them tons of money by finding the best deals.

On this episode of the Odd Lots podcast, President and CEO of Groundwork Collaborative Lindsay Owens joins Joe Weisenthal and Tracy Alloway to discuss her think tank’s research into agentic commerce and how agents may not be operating in the best interest of the consumer.
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Ritholtz on What’s Causing the Stock Selloff

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Technology stocks plummeted on Thursday as traders assessed the implication of a Democratic sweep in the US midterm elections on cloud data centers. Barry Ritholtz, Founder of Ritholtz Wealth Management and Host of “Masters in Business” joins to discuss the market selloff.

The selloff in tech stocks comes amid growing worries that a Democratic sweep of Congress could bring tighter regulation of US data centers and weigh on semiconductor demand.

Read more: https://www.bloomberg.com/news/articles/2026-11-05/us-stock-futures-diverge-as-chip-selloff-extends-into-second-day?srnd=homepage-americas

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Goldman Limits Traders and Bankers From Using Some AI Tools

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Goldman Sachs has annoyed some employees by curbing their access to certain AI tools. Nicole Sy explains.
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Miran on Midterms, Trump Tariffs, Fed Forward Guidance

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Former Federal Reserve Governor Stephen Miran talks about how President Donald Trump could work with Democrats controlling Congress, what would happen if Trump’s tariffs were rolled back and if he believes the Fed should be providing forward guidance. Miran, also the former chairman of the Council of Economic Advisers, speaks on “Bloomberg Surveillance.”
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