Ideas
Watch potential Intel-SK hynix chip partnership.
Ed Ludlow reports that Intel and SK hynix may team up to make chips in the U.S. He says both are looking at options, and the idea would give SK hynix a U.S. manufacturing foothold while using Intel's third-party foundry and packaging operations. Both stocks rose, with Intel up more, but he stresses it is still only an idea and not progressed.
GFL looks undervalued with takeover interest.
Patrick Dovigi says GFL's stock has been dislocated from its historical reasonable valuation and that the company has received takeover offers at valuations materially higher than where the stock traded, attracting larger infrastructure funds that could take it private again. No decision has been made, but he remains positive: GFL is in the early innings, has roughly $9.5 billion of revenue across 26 U.S. states, and moved its executive headquarters to Florida to improve U.S. index inclusion and shareholder access.
Mark Carney
Former Governor of the Bank of England/Bank of Canada, Canadian Politician
23:32
Canada is an underweight investment opportunity.
Mark Carney argues global pools of capital have been overweight the U.S. and underweight Canada, but that the changing world makes this old allocation pattern less sensible. He presents Canada as diversifying, strengthening, and increasingly open to investment, with the country pushing for $1 trillion of investment over five years.
Renee Loiselle
Partner and Co-Chair, Montreal Business Law Group, Norton Rose Fulbright Canada
28:32
Canadian resources top global investor wish list.
Renee Loiselle says resources are at the top of the list of attractive Canadian sectors right now. She points to global investors and dealmakers focusing on Canadian resources, with tax changes and Canada's investment summit helping drive more M&A activity; Jeff Hershenfield adds sophisticated investors are looking at oil and mining.
Defense technology offers multi-year growth opportunity.
Ian Fujiyama is constructive on aerospace and defense technology because global defense budgets are rising, public-private partnerships are reviving, and the sector needs faster innovation in areas such as space, cyber, AI, autonomy, and electronic warfare. He sees a real opportunity in smaller innovative defense companies after decades of over-consolidation hollowed out the middle of the defense industrial base.
Mid-market defense suppliers are attractive consolidation targets.
Ian Fujiyama says 30 years of over-consolidation created a hollowed-out middle in defense, leaving small innovative companies without industrial relevance. Carlyle's pipeline is 3x historical, defense M&A deal count is up 140% while average deal size is down 60%, so he wants to rebuild the middle by backing proven small and mid-market defense suppliers.
Carlyle's defense pipeline is threefold historical.
Ian Fujiyama says Carlyle's aerospace and defense pipeline is 3x what it has been historically, it has closed three national-security deals, and it can use scale and a private-equity model to back proven defense businesses. He sees that as a company-specific advantage in the defense rebuilding cycle.
U.S. must rebuild munitions and defense capacity.
Ian Fujiyama says U.S. munitions depletion, including the sharp drawdown of Patriot missile inventory, exposed an overreliance on exquisite systems and lost industrial capacity. Rebuilding stockpiles requires more cost-effective capacity, greater magazine depth, and affordable mass, creating opportunities for scaled mid-tier defense suppliers.
Broad drone manufacturing faces value destruction.
Ian Fujiyama warns that the drone ecosystem has over 1,000 manufacturers globally; while the U.S. will buy more drones, it will not buy from a thousand different companies. He says value destruction is real and not all defense boats will rise, making broad drone manufacturing exposure risky.
Hypersonics is a defensible defense technology.
Ian Fujiyama says Carlyle has made an investment in a hypersonics business and is very excited about it, viewing it as a more defensible model within defense technology.
This Bloomberg Markets video, published September 16, 2026,
features Ed Ludlow, Patrick Dovigi, Mark Carney, Renee Loiselle, Ian Fujiyama
discussing INTC, 000660.KS, GFL, EWC, Canadian natural resources, Defense technology, ITA, Mid-market defense companies, CG, Munitions, Drone manufacturers, Hypersonics.
10 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Ed Ludlow,
Patrick Dovigi,
Mark Carney,
Renee Loiselle,
Ian Fujiyama
· Tickers:
INTC,
000660.KS,
GFL,
EWC,
Canadian natural resources,
Defense technology,
ITA,
Mid-market defense companies,
CG,
Munitions,
Drone manufacturers,
Hypersonics
