The AI Spending Profit Test, Blackstone's Gray sees "Parabolic" Demand
Get a jump start on the US trading day on "Bloomberg Open Interest." Meta tops Wall Street targets, but its AI spending surge raises fresh concerns. Tesla pulls back on spending, while Blackstone President Jonathan Gray pushes back on AI bubble fears. Plus, JPMorgan’s Gabriela Santos and Goldman Sa…
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- 2026-10-22 16:44 · Bloomberg AI
The AI Spending Profit Test, Blackstone's Gray sees "Parabolic" Demand