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Eisman podcast conversation: Steil on inflation, deficits and why the dollar is still king

Steve Eisman, the inspiration for a character in The Big Short, speaks with Benn Steil, director of international economics at the Council on Foreign Relations, in episode 81 of The Real Eisman Playbook. They discuss the current inflation dilemma, the dollar’s “exorbitant privilege” and France’s sovereign debt crisis, and why the US debt trajectory is “ugly,” even though doomsayers have been wrong for 40 years.

DoubleLine podcast: Deputy CIO Sherman on bond market pricing, energy and Fed rate hikes

In the third episode of DoubleLine’s *Sherman Says*, Deputy Chief Investment Officer Jeffrey Sherman and strategist Ryan Kimmel discuss the bond market’s repricing since the Iran war began at the end of February. The market has priced in the Federal Reserve’s next move, but the Fed may need to raise rates again to catch up with inflation, with energy at the heart of the story.

CNBC interview: Yardeni on the AI bubble deflating without bursting

Yardeni Research president Ed Yardeni speaks with CNBC’s Power Lunch: air is coming out of the AI bubble, but it will not burst; the bond market will regulate it by tightening the supply of funding for AI trades, while Anthropic’s IPO is a key test of investors’ appetite for AI.

Bloomberg interview: CVC Marathon chief Richards on an Anthropic listing and financing the AI buildout

CVC Marathon managing partner Bruce Richards speaks with Bloomberg’s Open Interest: Anthropic “would be great” as a public company, while the AI buildout is being financed across all markets at once. The key question is whether capital markets can continue funding AI giants.

Bloomberg interview: Bessemer partner Deeter on Anthropic’s IPO and pure-play AI software exposure

Bessemer Venture Partners partner Byron Deeter speaks with Bloomberg Tech: Anthropic’s listing will, for the first time, give public-market investors a true pure play on the AI software side. Bessemer has invested 650 million dollars since Series D, and the IPO means far more to its limited partners than a single exit.

Economic Club of New York interview: White House National Economic Council Director Hassett on the productivity boom and US economic strategy

White House National Economic Council Director Kevin Hassett speaks with CNBC’s Becky Quick and Bloomberg’s David Westin on The Economic Club of New York’s The Forum. He believes an AI-driven productivity boom could push US economic growth to around 4%, and discusses data center policy, AI’s impact on employment, deficits, and bond yields.

CNBC interview: Former Fed Vice Chair Clarida on holding rates steady this week and one more hike in December

PIMCO global economic adviser and former Federal Reserve Vice Chair Richard Clarida speaks with CNBC’s “Squawk on the Street”: The market is right to expect the Fed to hold rates steady this week. Recent comments from Williams, Waller and Jefferson all suggest the Fed can be a little patient, but one more rate hike at the December meeting remains on the table.

Computing capacity deliveries, full battery production and rising CDMO orders: How far have six companies progressed with expansion?

Runze Technology delivered a record amount of computing-center capacity in a single quarter, EVE Energy’s fourth-quarter capacity is fully booked, and orders are growing at ProPharma and Asymchem. Demand is moving toward delivery, but equipment billing, capacity deployment and product validation each have their own timing requirements.

China Great Wall Securities: More than half of XCMG Machinery’s revenue comes from overseas. What growth opportunities can green mining equipment unlock?

Overseas revenue rose to 50.48% of XCMG Machinery’s total in the first half of 2026, making overseas business an important buffer against domestic cycles. Great Wall Securities is optimistic about the structural upgrade brought by electrification and autonomous operation of mining equipment, with complete equipment offerings and overseas order expansion serving as the key links.

IDC depends on billing conversion, acetic acid on spread recovery, while oil shipping and UHV each have their own catalysts

Four industry reports show different paths to earnings realization: IDC demand is ahead of revenue, shrinking acetic acid supply is driving a profit recovery, oil tanker spot rates have fallen while time charters remain firm, and faster UHV approvals are raising expectations for tenders.

Anthropic IPO filing revives the AI trade

Wanxiang Qianchao receives net institutional buying of 85.26 million yuan; robotics business remains in development and validation

Wanxiang Qianchao hit its daily upper trading limit and received net institutional buying, with attention focused on precision bearings and screws for robots. Existing automotive-parts processes provide a foundation for entry, but robotics products remain in development and validation; solid-state battery research by an investee company and a proposed overseas acquisition also have distinct conditions for progress.

Chipsea Technologies’ computing peripheral chips are scaling up shipments: How much improvement can high-margin products bring?

Its EC chip has received certification from both Intel and AMD and has shipped to customers including Lenovo, Honor and Xiaomi; edge BMC is also in mass production and on sale. The company says these products have higher gross margins than its traditional consumer electronics business, making the product mix key to understanding changes in its operations.

Qiaoyin bets on urban-service AI and computing-capacity leasing as express delivery price increases begin to reach profits

Qiaoyin’s urban-service operations provide an entry point for robot data, but computing-capacity leasing requires capital outlay before revenue arrives. Express delivery volumes, prices and profits are improving together, while China Securities places greater weight on leading companies’ cash generation and their networks’ ability to withstand pressure.

Agibot moves toward a ten-billion-yuan revenue target; humanoid robot scale-up will depend on orders and task data

Agibot has set a revenue target of 10 billion yuan for 2027, ten times the 1 billion yuan achieved in 2025. Xiangcai Securities is optimistic about humanoid robots as a practical application of physical AI. In the near term, it is focused on mass production of components; long-term competition will depend on whether model capabilities and real-world operational data can reinforce each other.

Robots enter production lines and AI applications accelerate as trading contracts beneath the technology theme’s popularity

Heavy-duty robots are beginning to cover multiple production-line processes, while competition in AI applications is extending to products and commercialization. But market turnover contracted on 26 October, and the numbers of high-turnover robotics and AI companies fell at the same time. Industrial progress and trading activity need to be assessed separately.

Bernstein: Competition among US hotel brands: Marriott takes the lead in the RevPAR index for the first time as occupancy narrows the pricing gap

Bernstein’s 2026 comparison of hotels in the same locations shows that Marriott commands the strongest room-rate premium, but Hilton and Hyatt are close behind thanks to occupancy. InterContinental Hotels Group lags overall, although its brands are not uniformly weakening. Whether a brand can charge more and fill its rooms matters for owner returns and future expansion.

Bernstein: Instacart sale rumors: DoorDash is better placed to take over, but why is buying now still difficult?

Bernstein sees the business logic of Instacart joining a larger platform, but is skeptical of a near-term deal: Uber’s financial commitments are tight, while DoorDash is busy with integrations and continues to build its own business. The bank’s acquisition scenario implies 68–74 dollars per share; a deal also depends on buyer interest and regulatory approval.

Bernstein: New ESMO oncology data: Imdelltra expands its potential, lung cancer competition becomes tougher

Bernstein believes Imdelltra’s first-line maintenance data could significantly expand its commercial opportunity; INT strengthens the outlook for postoperative adjuvant treatment, while new lung cancer combinations raise the competitive bar. But the commercial value of efficacy improvements must also be assessed against toxicity, treatment duration and the patient population.

Bernstein: Can Spotify’s profits break away from the traditional media cycle? Bernstein bets on a harvest year in 2027

Bernstein raised its Spotify price target from $625 to $725, primarily on the basis that cost controls and an improved content mix could lift 2027 operating profit about 5% above consensus. However, third-quarter profit and cash flow were below consensus, and the cost of renewing record-label agreements is another key variable.