L’Évident Mag - : Entreprendre

Millions in Brazil Get Fake Government Mobile Alert After Hack

admin — Sat, 20 Jun 2026 13:00:04 -0400

Brazil’s Integration and Regional Development Ministry and federal police are investigating an intrusion into the civil defense alert system that sent messages containing the word “misanthropy” to the mobile phones of millions of Brazilians.

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

admin — Sat, 20 Jun 2026 07:00:05 -0400

Jio Platforms Ltd. plans to use part of the proceeds from its proposed initial share sale to repay its telecom unit’s external commercial borrowings of almost $3 billion, a draft IPO document showed.

BYD Rejects Claims It Violated Hungary’s Environmental Rules

admin — Sat, 20 Jun 2026 04:05:03 -0400

Chinese electric vehicle maker BYD Co. said it rejected allegations it breached environmental rules in Hungary during the construction of its first plant in the European Union.

Iran War Gives Pakistan Its Biggest Diplomatic Boost in Decades

admin — Fri, 19 Jun 2026 21:40:04 -0400

Throughout the nearly four-month Iran war, few countries were more visibly at the center of the efforts to end it than Pakistan, an unlikely actor thrust into the spotlight by US President Donald Trump.

Trump Tells Axios He Doesn’t See Anthropic as US Security Threat

admin — Fri, 19 Jun 2026 16:10:05 -0400

President Donald Trump said he doesn’t view Anthropic PBC as a national-security threat, days after his administration took steps to cut off foreign access to the tech company’s most advanced artificial intelligence models.

Nobel Winner John Jumper to Leave Google DeepMind for Anthropic

admin — Fri, 19 Jun 2026 15:15:04 -0400

Google DeepMind Vice President John Jumper, who won the 2024 Nobel Prize in chemistry for his work on artificial intelligence, is leaving the company to join Anthropic PBC.

Aspen Disruption Triggers South Africa Contraceptive Shortage

admin — Fri, 19 Jun 2026 11:55:02 -0400

A disruption at Aspen Pharmacare Holdings Ltd.’s manufacturing facilities has led to shortages of oral contraceptives across South Africa, according to the health department and a local pharmacy chain.

UnitedHealth’s $3 Billion AI Push Has Bots Calling Doctors

admin — Fri, 19 Jun 2026 11:00:06 -0400

At UnitedHealth Group Inc., artificial intelligence reads aloud summaries of medical charts as nurses drive to patients’ homes. It listens to millions of customer calls to find the causes of complaints. One trial even has AI agents calling doctors’ offices to schedule appointments for patients.

Signal’s Whittaker on Big Tech’s Privacy Threat

admin — Fri, 19 Jun 2026 10:50:04 -0400

"Three companies... can make decisions that fundamentally harm our collective cybersecurity." Signal President Meredith Whittaker tells Mishal Husain why she believes AI and big tech pose a major threat to privacy. (Source: Bloomberg)

The Oura Ring 5 Makes a Strong Case to First-Time Buyers

admin — Fri, 19 Jun 2026 10:05:03 -0400

People who already own one of the company’s older models have less of a reason to upgrade to the $399 device.

AutoForm’s Debt Rejig Highlights Revived Appetite for Software

admin — Fri, 19 Jun 2026 09:40:03 -0400

Investors in European collateralized loan obligations piled into AutoForm’s latest deal, the first test of demand for junk-debt borrowers in the software sector since a selloff earlier this year.

Lutnick’s Anthropic Crackdown Claims New Power Over AI Models

admin — Fri, 19 Jun 2026 08:20:03 -0400

The Trump administration’s push to rein in Anthropic PBC, outlined in a recent Commerce Department order, relies on an unprecedented use of export control laws and raises legal questions about whether the US can dictate who can access artificial intelligence systems.

EU Tech Chief Virkkunen on AI, Sovereignty, US

admin — Fri, 19 Jun 2026 08:00:05 -0400

Henna Virkkunen, EU's top technology official, & Executive Vice President sat down with Bloomberg's Tom Mackenzie on the sidelines of VivaTech in Paris to discuss EU AI regulation, cybersecurity risks, Europe's technological sovereignty, and reducing reliance on non-European technology providers in critical sectors. This interview occurred on Wednesday, June 17. (Source: Bloomberg)

Ambani’s Jio Weighs India Satellite Network to Rival Starlink

admin — Fri, 19 Jun 2026 07:30:04 -0400

Billionaire Mukesh Ambani-controlled Jio Platforms Ltd. is weighing plans to build its own satellite constellation, as it seeks to cement control over the nation’s communications infrastructure while Elon Musk’s Starlink faces hurdles.

Chipmakers Renew Nerdy Performance Tussle That Nvidia’s Dominance Had Quashed

admin — Fri, 19 Jun 2026 07:05:03 -0400

With CPUs back in the spotlight, so too is the PR fight over benchmarks

Siemens Sees Industrial App Store Sales Doubling in Tech Push

admin — Fri, 19 Jun 2026 05:15:03 -0400

Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains is stopping short of disclosing concrete figures that would track its progress of turning into a tech-led company.

UK Digital Bank Starling Shrinks Board as McPike Cements Control

admin — Fri, 19 Jun 2026 05:10:05 -0400

Starling Bank Ltd. is streamlining its board in light of a number of departures, a move that increases the sway of UK digital bank’s largest shareholder.

Prosus Expects Surge in Profits on E-Commerce, Tencent Growth

admin — Fri, 19 Jun 2026 02:35:02 -0400

Prosus NV expects core earnings to surge as much as 28% in the year ended March 31st on the back of its growing e-commerce business and an increase in the value of the stake it owns in China’s Tencent.

Traders’ Latest AI-Related Play Is a Struggling Car Parts Stock

admin — Fri, 19 Jun 2026 01:30:05 -0400

Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE.

Indian Software Stocks Tumble After Accenture Warns on Growth

admin — Fri, 19 Jun 2026 00:25:03 -0400

Shares of Indian software firms tumbled on Friday, joining a global selloff in tech stocks after Accenture Plc forecast slower revenue growth, deepening concerns over a sector that has shed nearly 30% of its market value this year.

Early Users of Anthropic Mythos Still Have Access After US Order

admin — Thu, 18 Jun 2026 23:45:03 -0400

Some firms chosen early on by Anthropic PBC to test the Mythos AI model ahead of a wider release have preserved their access to a preview of the system, despite a US government order that led to the total shutdown of other versions.

US Tells ASML China May Have Top Chip Tool

admin — Thu, 18 Jun 2026 21:25:03 -0400

ASML Holding NV, the Dutch chip-equipment giant, is grappling with a major challenge after US Commerce Secretary Howard Lutnick warned its leaders that one of the company’s advanced lithography machines may have reached China, potentially violating US export restrictions. (Source: Bloomberg)

US Tells ASML It’s Concerned China May Have Top Chip Tool

admin — Thu, 18 Jun 2026 20:50:03 -0400

Dutch chip-equipment giant ASML Holding NV is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions.

Fed Rate-Hike Bets Fuel Equities Rally | The Close 6/18/2026

admin — Thu, 18 Jun 2026 19:40:04 -0400

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are GenTrust Head of NY Office, Senior Client Advisor Mimi Duff, Principal Venture Partners Founder & Managing Partner Songyee Yoon, Wedbush SVP of Equity Research Alicia Reese, Goldman Sachs Northeast Region Head Nicole Pullen Ross, Interactive Brokers Chief Strategist Steve Sosnick, JP Morgan Asset Management CEO George Gatch, Chef & Restauranteur Kwame Onwuachi, Former Lululemon CIO Julie Averill, Candle Media Founder & Co-CEO Kevin Mayer. & SevenRooms Co-Founder & CEO Joel Montaniel. (Source: Bloomberg)

SpaceX Criticizes EU Proposal for Satellite Spectrum Tender

admin — Thu, 18 Jun 2026 18:20:03 -0400

SpaceX criticized the European Union’s plans for the distribution of satellite spectrum, a key element in the growth plans for the Elon Musk-led company’s Starlink service following its record-setting initial public offering.

SpaceX Criticizes EU’s Proposal for Satellite Spectrum Tender

admin — Thu, 18 Jun 2026 18:15:05 -0400

SevenRooms CEO on New Reservation Organizing Platform

admin — Thu, 18 Jun 2026 17:50:06 -0400

Joel Montaniel, Co-Founder and CEO of SevenRooms, discussed the company's new platform, Channel Connect, which aims to simplify reservation management for restaurants by consolidating bookings from multiple channels into a single system. Unlike the hotel industry, where centralized booking systems are common, restaurants currently manage reservations across various apps and platforms, often using multiple devices, creating operational challenges. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Companies Move to Secure Data as AI Increases Security Risks

admin — Thu, 18 Jun 2026 17:30:05 -0400

Michael Cardaci, CEO of FedHIVE said that the government is moving 'faster than its ever moved before' to secure data and make sure that US computing companies are compliant in case of national security risks as AI use ramps up. Cardaci said that the US government is focused on keeping US technology inside of its borders as the race for global AI dominance heats up. (Source: Bloomberg)

Fmr. Disney Exec: Media Consolidating Around New Model

admin — Thu, 18 Jun 2026 17:15:03 -0400

Kevin Mayer, former Walt Disney Direct-to-Consumer & International Chair, discusses Fox's recent $22 billion acquisition of Roku, highlighting a significant strategic move from traditional media towards streaming. Fox, which previously lacked a major streaming platform, aims to strengthen its position by integrating Roku's streaming service alongside its existing ad-supported streamer, Tubi. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Fmr. Lululemon CIO on AI’s Impact on C-Suites, Jobs

admin — Thu, 18 Jun 2026 17:00:06 -0400

Julie Averill, former CIO of Lululemon, REI, and Nordstrom, discusses this shift in the context of her new book, "Chief Impact Officer," which offers a fresh perspective on leadership amid the ongoing technological revolution. Averill brings her extensive experience scaling Lululemon's revenue to over $10 billion to the conversation, emphasizing the critical role of AI adoption in maintaining job security and driving organizational impact. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Google Says Canada’s Data Law Changes Fail to Ease Concerns

admin — Thu, 18 Jun 2026 16:45:03 -0400

Alphabet Inc.’s Google said Canada’s changes to a proposed law that would help police obtain citizen data from private companies don’t resolve many of its concerns.

Meta Strikes New AI Computing Deals With Data Center Firm Crusoe

admin — Thu, 18 Jun 2026 16:35:03 -0400

Meta Platforms Inc. has secured new agreements to get AI computing power from data center developer Crusoe, bolstering the infrastructure it needs to support an ambitious artificial intelligence expansion.

Goldman’s Pullen Ross: PE ‘Actively Engaged’ in Sports

admin — Thu, 18 Jun 2026 16:00:05 -0400

Nicole Pullen Ross, Northeast Region Head & Head of Sports and Entertainment Solutions at Goldman Sachs, discusses the evolving landscape of US sports and the athletes driving their growing popularity. She highlighted her role in creating a division at Goldman Sachs dedicated to helping professional athletes manage their wealth by applying strategies typically used by C-suite executives. she speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Even Madonna Has to Fight for Every Scrap of Internet Attention

admin — Thu, 18 Jun 2026 15:35:03 -0400

Even if you’re one of the biggest pop stars in history, Grindr and Bilt can help you sell albums

Rumble Bets on AI Compute Demand With New AI Platform

admin — Thu, 18 Jun 2026 15:15:03 -0400

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company's business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on "Bloomberg Tech" with more on the pivot. (Source: Bloomberg)

Investors Look Beyond Chips For Next Big Thing in Tech

admin — Thu, 18 Jun 2026 15:10:05 -0400

As the AI hype continues to grow, investors are looking beyond chips to find the next big thing to revolutionize the tech sector. Ankur Crawford, Portfolio Manager at Alger, says there hasn't been a business like SpaceX before as markets react to the significance of the AI trade. She joins Ed Ludlow on "Bloomberg Tech". (Source: Bloomberg)

Tesla Stock Underperforms SpaceX in First Week After IPO

admin — Thu, 18 Jun 2026 14:35:03 -0400

Tesla Inc. stock is set to end the holiday-shortened week lower after SpaceX went public last Friday.

Autonomous Trucks Can Be Life-Saving

admin — Thu, 18 Jun 2026 14:20:09 -0400

After experiencing the technology firsthand, Bloomberg Opinion columnist Thomas Black examined the data to find out what autonomous trucks could mean for the future of road safety. (Source: Bloomberg)

Ukraine's Denikeieva on Building AI for Citizens

admin — Thu, 18 Jun 2026 14:05:04 -0400

Ukraine’s Deputy Minister of Digital Transformation Nataliia Denikeieva discusses digital resiliency and building artificial intelligence for citizens, with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris. (Source: Bloomberg)

Steinberger, LeCun, Habib on AI Deployment

admin — Thu, 18 Jun 2026 13:55:03 -0400

Austrian programmer Peter Steinberger, AMI Labs's Yann LeCun, and Writer CEO May Habib discuss the possibilities and deployment of artificial intelligence with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris. (Source: Bloomberg)

Alibaba's Tsai, zu Furstenberg Discuss AI Investment

admin — Thu, 18 Jun 2026 13:45:03 -0400

Alibaba Group Chairman Joe Tsai and General Catalyst Managing Director Jeannette zu Furstenberg discuss investment opportunities and leadership with the development of artificial intelligence with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris. (Source: Bloomberg)

WWW Inventor Tim Berners-Lee on Development of AI

admin — Thu, 18 Jun 2026 13:40:03 -0400

Tim Berners-Lee, the inventor of the World Wide Web, discusses the development of artificial intelligence with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris. (Source: Bloomberg)

Square Enix Takes on ‘Zelda’ With ‘The Adventures of Elliot’

admin — Thu, 18 Jun 2026 13:35:03 -0400

The new game is Square Enix’s first attempt to blend action combat with an ‘HD-2D’ art style

Square Enix Takes on ‘Zelda’<em> </em>With ‘The Adventures of Elliot’

admin — Thu, 18 Jun 2026 13:10:04 -0400

The new game is Square Enix’s first attempt to blend action combat with an ‘HD-2D’ art style

Anduril Secures Landmark Air Force Drone Contract

admin — Thu, 18 Jun 2026 12:50:04 -0400

Anduril just won a production contract for autonomous fighters with the US Air Force. It's also secured a key role in the race to provide software for those aircraft, and is moving toward scaled manufacturing as the Pentagon pushes for a fleet of up to 1,000 autonomous combat jets. Anduril CEO Brian Schimpf joins Ed Ludlow on "Bloomberg Tech" to discuss it all. (Source: Bloomberg)

Amazon Workers Say Data Center Testimony Prompted Interrogation

admin — Thu, 18 Jun 2026 12:15:04 -0400

Three Amazon.com Inc. workers say the company violated a Seattle ordinance by interrogating them after they testified in favor of regulation of data centers in the city.

Healthcare's Next AI Revolution

admin — Thu, 18 Jun 2026 11:35:03 -0400

Infinitus CEO Ankit Jain joined Bloomberg Open Interest to explain why the next generation of AI won't be copilots or chatbots—but autonomous agents that handle healthcare tasks end-to-end. He discusses insurance approvals, rising AI costs, healthcare inefficiencies, and why the industry must focus on outcomes instead of computation. (Source: Bloomberg)

Trump Says Intel Inked Chip Deal With Apple

admin — Thu, 18 Jun 2026 11:15:05 -0400

US President Donald Trump said Intel will work alongside Apple to design and produce semiconductors domestically. Ed Ludlow reports on "Bloomberg Open Interest." (Source: Bloomberg)

Amazon Is in Talks to Sell Nvidia Rival Chips to Other Firms

admin — Thu, 18 Jun 2026 11:10:05 -0400

Amazon.com Inc. is in talks to sell its custom-made artificial intelligence chips for use in other companies’ data centers, a key expansion of its efforts to cut into Nvidia Corp.’s dominance.

Jeremy Grantham on How to Tell if a Bubble’s About to Burst

admin — Thu, 18 Jun 2026 10:40:05 -0400

Jeremy Grantham has a long history of calling bubbles. On this episode of the Odd Lots podcast, GMO's co-founder and chief investment strategist tells Joe Weisenthal and Tracy Alloway what he thinks about Mag 7's multibillion-dollar investment into AI and the signs he watches out for to spot when a bubble might burst. (Source: Bloomberg)

Apollo’s Shutterfly Debt Concessions Expose AI, Competition Risk

admin — Thu, 18 Jun 2026 10:35:02 -0400

Shutterfly’s track record in credit markets has been far from picture-perfect, but its latest refinancing laid bare a newer challenge: the cost of managing burdensome debt amid intensifying competition in an artificial intelligence economy.

Why AI’s All-You-Can-Eat Buffet Is Coming to an End

admin — Thu, 18 Jun 2026 10:20:05 -0400

Silicon Valley spent much of the past few years feverishly pushing consumers and businesses to inject artificial intelligence into every corner of their lives. Now AI developers want their customers to pay more for the technology they actually use.

Anthropic Lays Out Vision for How to Bolster AI Models’ Safety

admin — Thu, 18 Jun 2026 09:50:04 -0400

Anthropic PBC co-founder Jack Clark said the company is in daily discussions with the Trump administration to resolve security concerns surrounding the startup’s top two artificial intelligence models and outlined his vision for ensuring the safety of the emerging technology.

‘Grand Theft Auto VI’ Pre-Orders to Open June 25; Take-Two Jumps

admin — Thu, 18 Jun 2026 09:35:03 -0400

Take-Two Interactive Software Inc. will open pre-orders for Grand Theft Auto VI on June 25, kicking off the launch of one of the most anticipated video games of all time.

Tariffs Greater Impact Than War: Trumpf

admin — Thu, 18 Jun 2026 09:20:04 -0400

The Iran war has not had a "severe" impact on the machine tool industry says Stephan Mayer, CEO for Machine Tools at German manufacturing technology firm Trumpf. Instead, the bigger headwind to the industry has been tariffs, according to Mayer. He spoke to "The Pulse with Francine Lacqua" on Bloomberg TV. (Source: Bloomberg)

Microsoft, Amazon Cloud Services Face Tough EU Antitrust Law

admin — Thu, 18 Jun 2026 09:00:06 -0400

Microsoft Corp.’s Azure and Amazon Web Services are on a collision course with the European Union’s tough digital competition rulebook, after an initial probe into their power over the cloud.

Accenture’s Outlook Disappoints in Uncertain Consultancy Market

admin — Thu, 18 Jun 2026 08:05:02 -0400

Accenture Plc’s outlook for the fourth quarter missed expectations as the technology consulting firm reported a 2% decline in bookings for the third quarter, pointing to an uncertain market for the industry.

US Premarket Movers for June 18, 2026

admin — Thu, 18 Jun 2026 08:00:05 -0400

US stocks are eyeing a rebound after President Donald Trump signed an interim peace deal with Iran. S&P 500 Index futures are up 0.5% at 7:45 a.m. in New York.

AI Power Boom Catapults NextEra to Top of Hybrid Debt Market

admin — Thu, 18 Jun 2026 07:55:03 -0400

As utilities splash out on spending to power America’s AI boom, NextEra Energy Inc. has just emerged as the largest issuer of hybrid bonds worldwide.

Lawyer Takes Fight to Keep Kids Off Social Media From Courthouse to Political Arena

admin — Thu, 18 Jun 2026 07:05:03 -0400

Matthew Bergman pitched UK officials to protect kids from social media harms

Swiss AI Startup Prem Is Raising $100 Million Series A Round

admin — Thu, 18 Jun 2026 06:55:03 -0400

Prem AI, a Swiss startup that helps companies including hedge funds and law firms run artificial intelligence models on their own private infrastructure, is raising $100 million in a Series A funding round.

Europe Wants AI in Manufacturing Before Its Workforce Retires

admin — Thu, 18 Jun 2026 06:35:03 -0400

As factory workers retire, Europe’s industries turn to AI to fill the coming labor gap.

Intel Shares Soar After Trump Says It Struck Apple Chip Deal

admin — Thu, 18 Jun 2026 05:50:05 -0400

Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.

SpaceX Shares Waver After Posting First Decline Since IPO

admin — Thu, 18 Jun 2026 04:45:03 -0400

SpaceX shares fluctuated in premarket trading following the previous session’s drop, as it wraps up its first week as a public company following a record-breaking listing.

Plurimi CIO Sees Value in AI Supply Chain

admin — Thu, 18 Jun 2026 04:05:04 -0400

Plurimi Wealth Chief Investment Officer Patrick Armstrong says he sees value in the artificial intelligence supply chain, stocks such as Micron, Samsung and Nvidia. "We're underweight the Magnificent Seven — the hyperscalers — those are the companies that are spending a trillion dollars over the next 12 months on AI datacenters," Armstrong tells Bloomberg Television. "And we own the companies they're giving the money to." (Source: Bloomberg)

China Stock Gauge Heads for Bear Market as Tech Weakness Extends

admin — Thu, 18 Jun 2026 03:00:05 -0400

A major Chinese stock gauge slid toward a bear market, pressured by weakness in Internet and consumer firms.

Blackstone’s AirTrunk Seeks $3 Billion Loan for Sydney Project

admin — Thu, 18 Jun 2026 02:50:04 -0400

AirTrunk Pty., a data center operator backed by Blackstone Inc., is in talks with banks for a A$4.3 billion ($3 billion) loan to back a new project in Australia, people familiar with the matter said, as it continues its debt-fueled expansion across Asia Pacific.

Anthropic Ban Forces Investor Rethink of Political Risk

admin — Thu, 18 Jun 2026 02:30:05 -0400

Investors in the ever-hotter AI stock rally must suddenly consider a risk with the potential to be even more damaging than high valuations and big spending: What happens if politics gets in the way?

Kingboard’s 570% Rally Is Being Powered by Mainland Investors

admin — Thu, 18 Jun 2026 01:10:04 -0400

Chinese investors have fueled a surge in shares of newfound AI darling Kingboard Laminates Holdings Ltd., more than doubling their stake in the company to 13% this year, according to the latest stock exchange data.

Circles Sold Phone Spy Tools to Repressive States, Report Says

admin — Thu, 18 Jun 2026 00:15:04 -0400

A Bulgaria-based company sold controversial surveillance technology to governments in countries with records of repression, enabling authorities to track mobile phones and eavesdrop on private communications, according to documents obtained by Human Rights Watch.

Europe Bets Industrial AI Can Salvage Its Manufacturing Edge

admin — Thu, 18 Jun 2026 00:05:06 -0400

Pressure to become more efficient has Europe racing to bring artificial intelligence to the shop floor.

Korea Rejects Baemin, Coupang Settlement Bids in Antitrust Probe

admin — Thu, 18 Jun 2026 00:00:08 -0400

South Korea’s antitrust watchdog has rejected settlement proposals from the country’s two largest food delivery platforms, Baedal Minjok and Coupang Eats, leaving both firms exposed to potentially significant fines over alleged unfair business practices.

Star Google Researcher Jumps to OpenAI in Coup for Startup

admin — Wed, 17 Jun 2026 23:50:03 -0400

One of Google’s most prominent researchers is leaving for rival OpenAI, dealing a setback to Alphabet Inc. in a multibillion-dollar race to build the world’s most powerful artificial intelligence models.

AI Startup Midjourney Pivots to Health With Ultrasound Machine

admin — Wed, 17 Jun 2026 23:25:04 -0400

AI startup Midjourney Inc. announced its first hardware project at an event in San Francisco, outlining an unexpected move into the personal health and medical industries.

Hutong Research's Guo on PBOC Policy, Yuan

admin — Wed, 17 Jun 2026 22:55:03 -0400

Guo Shan, Partner at Hutong Research, discusses the potential shift from China's central bank in its interest rate framework and the outlook for the yuan. She speaks with Minmin Low on Bloomberg: The Asia Trade. (Source: Bloomberg)

Stevenson on Fed Keeping Rates Steady

admin — Wed, 17 Jun 2026 22:40:06 -0400

Betsey Stevenson, Professor of Public Policy and Economics at the University of Michigan and former chief economist at the US Department of Labor, discusses her outlook for the US economy and says the Fed will continue to keep rates on hold for a while. She speaks with Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Hillhouse Seeks $600 Million Loan to Fund DayOne Investment

admin — Wed, 17 Jun 2026 21:55:06 -0400

Asset manager Hillhouse Investment is in talks with banks for a loan of about $600 million to fund its investment in data center operator DayOne Data Centers Ltd., according to people familiar with the matter.

China’s AI Race Spurs Emergence of Winner-Laggard Pair Trade

admin — Wed, 17 Jun 2026 21:20:05 -0400

A pair trade is emerging in China’s artificial intelligence sector, with investors piling into the perceived winner and betting against its rival seen as losing ground in the race to build commercially viable AI models.

BWX Agrees to License Nuclear Reactor Design After Activist Push

admin — Wed, 17 Jun 2026 19:10:04 -0400

BWX Technologies Inc. has struck a deal to license its design for a small modular reactor, after activist investor Ananym Capital Management pushed the nuclear technology company to consider commercializing it.

Microsoft Makes Big AI Inroads in China by Selling OpenAI Models

admin — Wed, 17 Jun 2026 19:00:07 -0400

Microsoft Corp. has built a big business selling AI models to Chinese companies despite the growing rivalry between the US and China over artificial intelligence.

Stocks Fall as Traders See Fed Hike by October | The Close 6/17/2026

admin — Wed, 17 Jun 2026 18:15:04 -0400

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are DoubleLine Capital Portfolio Manager Ken Shinoda, Former Federal Reserve Vice Chair Alan Blinder, The Conference Board Chief Economist Dana Peterson, Former FDIC Chair Sheila Bair, & Barings’ High Yield Portfolio Manager Kelly Burton. (Source: Bloomberg)

US Looks to Expand Nuclear Power as AI Drives Up Energy Demand

admin — Wed, 17 Jun 2026 17:45:20 -0400

Ho K. Nieh, chair of the US Nuclear Regulatory Committee, said that the NRC has taken 'major steps' to reform its framework for licensing nuclear plants and how it conducts regulatory checks as the Trump administration looks to increase the amount of nuclear energy projects in the United States. Nieh said that despite reforms the NRC remains a 'strong regulator' and could not yet reveal which regulations were under review. (Source: Bloomberg)

Fmr. FDIC Chair Bair: Warsh Gets A+ for 1st Fed Meeting

admin — Wed, 17 Jun 2026 17:20:04 -0400

Sheila Bair, former FDIC Chair and Senior Fellow at the Center for Financial Stability, shared her assessment of Federal Reserve Chair Kevin Warsh's first meeting and press conference. Bair commended Warsh for his measured and judicious communication, particularly his firm commitment to price stability and cautious approach to economic projections. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Can Musk Pull Off a SpaceX-Tesla Merger?

admin — Wed, 17 Jun 2026 16:30:12 -0400

Should Elon Musk merge SpaceX and Tesla, into one company? There’s huge conflicts of interest here, Bloomberg Opinion columnist Liam Denning says. (Source: Bloomberg)

Apple Prepares Second-Generation iPhone Air for Spring 2027

admin — Wed, 17 Jun 2026 16:10:20 -0400

Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter.

Anthropic Gets A Warning, SpaceX Shares Fall on Fourth Day | Bloomberg Tech 6/17/2026

admin — Wed, 17 Jun 2026 14:50:03 -0400

Bloomberg’s Ed Ludlow discusses US Commerce Secretary's warning to Anthropic that it needs government permission to grant foreign nationals access to the company's most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company's fourth trading day. And, Bloomberg reports Apple's upcoming camera-equipped AirPods will launch in late 2027 as part of a flurry of new releases. (Source: Bloomberg)

Orbital Data Centers Face Real Challenges, Says Peridot

admin — Wed, 17 Jun 2026 14:30:09 -0400

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA's primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Apple to Launch Camera Airpods, Foldable iPhone in 2027

admin — Wed, 17 Jun 2026 14:25:05 -0400

Apple is holding steady with its AI ambitions, planning camera-equipped AirPods, smart glasses and new foldable iPhones as part of a major product push over the next two years. Plus: Snap introduces Specs, a pair of augmented reality glasses that co-founder Evan Spiegel described as a 'leapfrog advancement' and the computer of the future. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

AI Health Startup Wants to Assist Half of Latin American Doctors

admin — Wed, 17 Jun 2026 13:55:04 -0400

An Andreessen Horowitz-backed healthcare startup born in Latin America wants to put its AI assistant in the hands of half the region’s 1.9 million doctors by the end of 2027, a bet that technology can help bridge a shortage of medical professionals across strained health systems.

Capital Factory CEO Killed in Private-Jet Crash in Texas

admin — Wed, 17 Jun 2026 13:50:04 -0400

Joshua Baer, the founder and chief executive officer of the venture capital firm Capital Factory, died Tuesday in a plane crash in South Texas, the Austin American-Statesman reported.

Capital Factory CEO Baer Killed in Private Plane Crash in Texas

admin — Wed, 17 Jun 2026 13:35:03 -0400

Joshua Baer, the founder and chief executive officer of the venture capital firm Capital Factory, died Tuesday in a plane crash in South Texas, the Austin American-Statesman reported.

Gen Z Wants Tech Without AI

admin — Wed, 17 Jun 2026 12:30:05 -0400

Cyberdecks, iPods and distraction-free devices are finding a new audience. Bloomberg Opinion columnist Catherine Thorbecke explores the growing appeal of anti-AI tech. (Source: Bloomberg)

BioNTech Investor Förtsch Says Founders’ Spinout Raises Concerns

admin — Wed, 17 Jun 2026 12:25:07 -0400

German media mogul and investor Bernd Förtsch is calling on BioNTech SE to provide more details on the planned departure of its founders and the transfer of assets to their new venture.

VSCO Challenges Adobe With New App and a $500 Plan for Pros

admin — Wed, 17 Jun 2026 12:05:04 -0400

VSCO, the photography platform best known for its popular image filters, is introducing a more advanced iOS app and an all-in-one subscription plan, moves that put it in direct competition with Adobe Inc. and other brands offering professional-grade creative software.

ASML CEO on AI Demand, Data Centers in Space and Musk's Terafab

admin — Wed, 17 Jun 2026 11:56:03 -0400

ASML Holding NV CEO Christophe Fouquet says the demand for AI infrastructure is still "enormous" and discusses the potential for data centers in space. Speaking during an interview on Bloomberg Television, Fouquet also says the company has to make sure it doesn’t experience supply constraints when servicing new projects such as on Elon Musk’s Terafab. (Source: Bloomberg)

CarMax, JBL Shares Move on Earnings | Stock Movers

admin — Wed, 17 Jun 2026 11:35:04 -0400

On this episode of Stock Movers with Alexis Christoforous: - La-Z-Boy (LZB) shares are higher after the home furniture store’s reported adjusted earnings per share for the fourth quarter beat the average analyst estimate. - CarMax (KMX) shares are moving after it reported net sales & operating revenue for the first quarter that beat the average analyst estimate. - Jabil Inc. (JBL) shares rose as much as 14%, the most intraday since April 2025, after the manufacturing services firm reported third-quarter revenue that beat the average analyst estimate. (Source: Bloomberg)

BofA Exec Sees AI Expanding Its Domination of Muni Underwriting

admin — Wed, 17 Jun 2026 11:15:09 -0400

Matthew McQueen, who oversees Bank of America Corp.’s public finance department, is looking to artificial intelligence to expand the bank’s underwriting business across the country.

SpaceX Adds $1 Trillion in Value Since IPO

admin — Wed, 17 Jun 2026 11:05:03 -0400

SpaceX has rapidly added $1 trillion in market capitalization since its recent public debut, reaching approximately $2.7 trillion and positioning itself as the fifth largest company globally, close to overtaking Microsoft. Mandeep Singh has more on "Bloomberg Open Interest." (Source: Bloomberg)

Goldman's Kaplan on Fed's Warsh and AI Capex Boom

admin — Wed, 17 Jun 2026 10:40:05 -0400

Robert Kaplan, Goldman Sachs vice chair and former Federal Reserve Bank of Dallas president, expects Federal Reserve's Kevin Warsh to adopt a more neutral tone in his first news conference as chair. Speaking on "Bloomberg Open Interest," Kaplan also says he sees an "historic" capital expenditures boom in the US. (Source: Bloomberg)

Anthropic CEO Amodei on Compute Spend, Surpassing OpenAI

admin — Wed, 17 Jun 2026 10:10:04 -0400

Emily Chang sits down with Anthropic CEO Dario Amodei in a wide-ranging interview discussing his San Francisco roots, the race against OpenAI, the explosion of compute power, the Pentagon standoff and AI’s endgame. (Source: Bloomberg)

Wrong-Way AI Trade Costs Florida Stock-Picker $50 Billion

admin — Wed, 17 Jun 2026 09:30:07 -0400

It was 180 degrees off the hot trade on Wall Street.

Google’s Gemini-Powered AI Home Speaker Goes on Sale June 25

admin — Wed, 17 Jun 2026 09:05:08 -0400

Alphabet Inc.’s Google said that its Google Home Speaker, a $100 device that includes deep integration with the company’s Gemini artificial intelligence platform, will be available starting June 25.

The Trump Phone Is More Novelty Than Serious Smartphone Contender

admin — Wed, 17 Jun 2026 08:50:05 -0400

The Trump phone is finally here — sort of — and it bears little resemblance to the original pitch.

ECB’s Lagarde Warns AI Is Huge Risk for Financial Stability

admin — Wed, 17 Jun 2026 08:40:05 -0400

Artificial intelligence can potentially lead to dangerous financial crises, and the European Central Bank is determined to ensure that doesn’t happen, President Christine Lagarde said.

JPMorgan’s David Kelly Says AI Boom Will Refuel Stock Rally

admin — Wed, 17 Jun 2026 08:35:04 -0400

JPMorgan Chase & Co.’s asset-management arm is urging investors to stick with stocks and other higher-risk assets in the second half of 2026, arguing that an AI investment boom and resilient consumers should keep the expansion intact despite persistent inflation and a Federal Reserve on hold.

JPMorgan’s David Kelly Says AI Boom Will Refuel Risk Rally

admin — Wed, 17 Jun 2026 08:25:03 -0400

JPMorgan Chase & Co.’s asset-management arm is urging investors to stick with the risk rally in the second half of 2026, arguing that an AI investment boom and resilient consumers should keep the expansion intact despite persistent inflation and a Federal Reserve on hold.

Bezos Says New Glenn Explosion Was 'Rough Moment'

admin — Wed, 17 Jun 2026 08:20:04 -0400

Jeff Bezos, the founder of Amazon.com Inc. and rocket company Blue Origin, says the explosion of its New Glenn rocket "was a rough moment," adding it was "a gut punch" for the whole team involved. The rocket exploded in Florida in May. (Source: VivaTech 2026)

Apple Investors Are Tired of AI Promises, Want Tangible Progress

admin — Wed, 17 Jun 2026 07:35:03 -0400

Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.

SpaceX Venture Backers Debate When to Cash Out

admin — Wed, 17 Jun 2026 07:05:03 -0400

Some longtime investors say they’ll hold their ever-more valuable shares

Blue Origin Says It Will Launch a New Glenn Rocket This Year

admin — Wed, 17 Jun 2026 07:00:08 -0400

Blue Origin is already rebuilding the Florida launch site where its New Glenn rocket exploded last month, making way for the space company to fly again this year and rejuvenate its ambitions to challenge SpaceX.

Poland Invests $11 Million in ElevenLabs to Build AI Tech Hub

admin — Wed, 17 Jun 2026 06:50:04 -0400

Poland has acquired a stake in artificial intelligence voice company ElevenLabs, as the country hopes to become a major European AI hub.

Bubble Risks Are Rising as AI Borrowing Balloons

admin — Wed, 17 Jun 2026 06:35:04 -0400

Some debt of AI players is better than others.

AI Leaders Including Altman, Amodei Set to Attend G7

admin — Wed, 17 Jun 2026 05:25:02 -0400

Artificial Intelligence industry leaders including OpenAI's Sam Altman and Anthropic's Dario Amodei are set to attend the Group of Seven Summit in France on Wednesday. Oliver Crook reports from Evian. (Source: Bloomberg)

Singapore’s Sea Tests AI Chatbot Migoo in Quiet US Foray

admin — Wed, 17 Jun 2026 04:55:03 -0400

Singapore internet leader Sea Ltd. is rolling out a generative-AI chatbot in regions including the US, marking its maiden foray into the highly competitive American consumer market and accelerating its artificial intelligence push.

SpaceX Heads Toward Fourth Day of Gains Since Record IPO

admin — Wed, 17 Jun 2026 04:35:03 -0400

SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.

Asia Reports Sharp Rise in Cybercrimes and Scams, Interpol Says

admin — Wed, 17 Jun 2026 03:55:05 -0400

Illegal cyber activities accounted for around a third of all crimes recorded in some Asian countries, with scams the most widespread and financially damaging, according to a new Interpol report.

Singapore’s Electronics Exports Jump by Record on AI Demand Boom

admin — Wed, 17 Jun 2026 03:05:03 -0400

Singapore’s electronic exports last month rose by the most on record on robust global demand for artificial intelligence-related equipment.

UK Accused of Failing to Block Illegal Casinos After Crackdown

admin — Wed, 17 Jun 2026 02:25:02 -0400

Britain has been urged to bolster its efforts to clamp down on illegal gambling sites after a report found users were able to access unlicensed online casinos.

BOK Warns AI-Driven Bonus Windfalls May Stoke Broader Inflation

admin — Wed, 17 Jun 2026 01:10:04 -0400

South Korea’s artificial intelligence-driven semiconductor boom may wind up complicating the inflation outlook, with the central bank warning that soaring bonuses at major technology firms could fuel broader wage growth and stronger consumer demand.

China Watchdog Urges More IPOs From AI, Hong Kong Listed Firms

admin — Wed, 17 Jun 2026 00:10:06 -0400

China’s top securities regulator pledged to welcome more domestic listings from artificial intelligence developers as well as Hong Kong traded firms to bolster onshore capital markets.

Lingyi Seeks to Raise Up to $1.1 Billion in Hong Kong Listing

admin — Tue, 16 Jun 2026 23:15:03 -0400

China’s Lingyi iTech Guangdong Co. has started taking investor orders for a Hong Kong listing that may raise as much as HK$8.3 billion ($1.06 billion).

Top Fintech GCash Owner Secures Approval for Philippine IPO

admin — Tue, 16 Jun 2026 23:05:04 -0400

The company behind GCash, the Philippines’ top fintech firm, has secured approval for a potential initial public offering, its key shareholder Globe Telecom Inc. said.

HSBC’s Jain on Hormuz Strait Reopening

admin — Tue, 16 Jun 2026 21:55:04 -0400

Parash Jain, Global Head of Transport and Logistics at HSBC, says shipping companies remain in “wait-and-see” mode as the Strait of Hormuz edges closer to reopening under a US–Iran agreement. He notes the next 40–50 days will be critical in determining whether more vessels can pass through, as de-mining operations are still underway. He does not expect significant movement in the short term. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

HSBC Expects Over $100 Million Gains From Using Google AI Tools

admin — Tue, 16 Jun 2026 21:15:03 -0400

HSBC Holdings Plc said it will use Alphabet Inc.’s Google Cloud to roll out artificial intelligence across its global operations, including through projects that can each generate more than $100 million in extra revenue or savings.

HSBC, Google AI Partnership Set to Add Over $100 Million Gains

admin — Tue, 16 Jun 2026 21:00:06 -0400

HSBC Holdings Plc said it will use Alphabet Inc.’s Google Cloud to roll out artificial intelligence across its global operations, expecting each project to generate more than $100 million either in revenue or through efficiency gains.

SoftBank Scales Back Latin America Tech Bets as Venture Capital Boom Fades

admin — Tue, 16 Jun 2026 19:15:04 -0400

SoftBank Group Corp. is struggling to find startups in Latin America ready for major investments, underscoring how sharply the tech boom there has cooled since attracting record levels of venture capital only a few years ago.

Kalshi's Mansour Sees Uptick in Small Business Use of Hedging

admin — Tue, 16 Jun 2026 18:40:05 -0400

Kalshi co-founder Tarek Mansour discusses the increased utilization of hedging at the Bloomberg Market Structure Conference. (Source: Bloomberg)

AI Can Play 'Significant' Role in Tech for Managing Diabetes, Says David Roman

admin — Tue, 16 Jun 2026 18:15:05 -0400

David Roman, US medtech and healthcare IT research analyst for Goldman Sachs, said that AI play a 'significant' role in helping patients stay on top of their diabetes, with companies like Abbott and Dexcom using new technology to count carbohydrates and deliver the right amount of insulin. Roman, joined by Bloomberg health reporter Madison Muller, said that he came away from Goldman Sach's annual medtech conference 'very bullish' on innovation across the industry. (Source: Bloomberg)

Amazon Faces Billions in Penalties From Potential FTC Ad Suit

admin — Tue, 16 Jun 2026 16:40:04 -0400

Amazon.com Inc. is facing a possible lawsuit from the US Federal Trade Commission that may lead to billions of dollars in civil penalties, over claims the e-commerce giant mislead advertisers, according to people familiar with the matter.

Seeking Crypto Policy 'Clarity' in DC

admin — Tue, 16 Jun 2026 16:25:03 -0400

Bloomberg Intelligence's Nathan Dean joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Congress and US regulatory agencies will likely embark on an agenda of clarifying the regulatory status of cryptocurrencies in the second half of 2026, lowering enforcement risks for platforms including Coinbase and Robinhood and building a foundation for institutional adoption of the sector. (Source: Bloomberg)

How Kalshi’s Lopes Lara Turned Kylie Jenner Gossip Into Billions

admin — Tue, 16 Jun 2026 16:20:05 -0400

Bloomberg's Emily Nicolle joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Kalshi has developed its own AI agent to help deal with a number of internal processes, including some of the thorniest issues it faces around the wording of its prediction market contracts. (Source: Bloomberg)

BlackRock Launches New Bitcoin Income ETF

admin — Tue, 16 Jun 2026 16:10:04 -0400

Robert Mitchnick, global head of digital assets at BlackRock, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." BlackRock launched today the iShares Bitcoin Premium Income ETF (Ticker: BITA). (Source: Bloomberg)

SEC Move Could Bolster Tokenized Stocks

admin — Tue, 16 Jun 2026 16:05:03 -0400

Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Recent comments from SEC Commissioner Paul Atkins hints that changes may come to Rule 611. (Source: Bloomberg)

Offering On-Chain Private Company Access: Citi's Khaliq

admin — Tue, 16 Jun 2026 15:55:02 -0400

Shahmir Khaliq, head of services at Citi, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." A new initiative by Citi will allow its institutional clients to trade tokenized shares of private companies on a blockchain. (Source: Bloomberg)

SpaceX Crypto Short Squeeze Briefly Sends Value to $3T

admin — Tue, 16 Jun 2026 15:50:04 -0400

Bloomberg's Muyao Shen joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." A short squeeze in SpaceX perpetual futures briefly sent the company’s implied valuation to $3 trillion on blockchain-based markets shortly after Monday’s US stock-market close. (Source: Bloomberg)

Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs

admin — Tue, 16 Jun 2026 15:45:04 -0400

Bloomberg's Monique Mulima joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Robinhood said it’s cutting 10% of its workforce, a reduction of around 300 positions, to “remain lean and disciplined” as it develops new products. Also, Strategy purchased 1,587 bitcoin tokens from June 8 to June 14 for aggregate purchase price of $100m (Source: Bloomberg)

Lutnick’s Letter to Anthropic Warned of Curbs on Top AI Models

admin — Tue, 16 Jun 2026 15:00:04 -0400

US Commerce Secretary Howard Lutnick warned Anthropic PBC in a letter last week that it would need government permission to grant foreign nationals access to its most advanced AI models and threatened criminal and civil penalties if the firm failed to comply, according to a copy obtained by Bloomberg News.

Google Rolls Out Android 17; Major AI Features to Follow This Summer

admin — Tue, 16 Jun 2026 14:05:03 -0400

Alphabet Inc.’s Google has begun rolling out Android 17, the latest major update to its popular mobile operating system, though some of its marquee artificial intelligence features will not arrive for another few months.

GameStop Investor Brings Suit Over CEO’s $35 Billion Pay Package

admin — Tue, 16 Jun 2026 13:25:02 -0400

A GameStop Corp. investor moved to halt a vote on a $35 billion pay package for the company’s chief executive officer until proper disclosures are made to shareholders.

Snap Launches $2,195 Specs, Declaring Glasses the Next Computer

admin — Tue, 16 Jun 2026 13:00:04 -0400

Snap Inc. introduced Specs, a $2,195 pair of augmented reality glasses that co-founder Evan Spiegel described as a leapfrog advancement and the computer of the future.

HPE Boosts Networking Gear for AI Clients, Adds Siemens Energy

admin — Tue, 16 Jun 2026 12:55:03 -0400

Hewlett Packard Enterprise Co. introduced new networking gear for artificial intelligence data centers, building on the products it acquired from Juniper Networks and striving to capture more of the demand for AI tools from corporate customers.

Apollo-Backed Rackspace Loan Jumps on AMD Data Center Deal

admin — Tue, 16 Jun 2026 12:30:05 -0400

Rackspace Technology Inc., a cloud-computing services company backed by Apollo Global Management Inc., saw its $1.6 billion loan jump after it signed a data center deal with Advanced Micro Devices Inc., extending a rally in debt that had traded at deeply distressed levels just two months ago.

Apple Plans Camera AirPods Alongside Upgraded Foldable iPhone in 2027

admin — Tue, 16 Jun 2026 12:10:05 -0400

Apple Inc.’s upcoming camera-equipped AirPods, a product meant to vault the company into the AI device market, is scheduled to launch in late 2027 as part of a flurry of new releases.

AI Is Training Staff Very Quickly, Says RBC's McKay

admin — Tue, 16 Jun 2026 11:40:06 -0400

Royal Bank of Canada Chief Executive Officer Dave McKay says it's "unbelievable" how fast artificial intelligence is training staffers. He says the technology is also making workers more efficient. He spoke to Lisa Abramowicz on Tuesday at a Bloomberg Newsmakers event in Toronto. (Source: Bloomberg)

Moody's: Private Credit Faces 2028 Test

admin — Tue, 16 Jun 2026 11:20:03 -0400

Marc Pinto, the Global Head of Private Credit at Moody's Ratings, joins Bloomberg Open Interest to explain why private credit is entering a pivotal phase. While AI infrastructure spending is creating huge lending opportunities, cracks are beginning to emerge in software-focused portfolios. Pinto warns that the real test comes in 2028, when a wave of refinancing could expose which borrowers survive and which don't. (Source: Bloomberg)

AI Driving 'Insatiable Appetite' for Capital, RBC's McKay Says

admin — Tue, 16 Jun 2026 11:10:04 -0400

Royal Bank of Canada CEO David McKay says there is a risk-on attitude in the market right now, driven by the push for AI and computing capacity. He speaks with Lisa Abramowicz at a Bloomberg Newsmakers event. (Source: Bloomberg)

SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

admin — Tue, 16 Jun 2026 09:55:04 -0400

Technically, SpaceX had 30 days following its record-shattering public debut to decide on a $60 billion takeover of the AI coding startup Cursor. In the end, all it took was two trading days.

The Executive Coach Showing Sam Altman How to Lead With ‘Emotional Fluidity’

admin — Tue, 16 Jun 2026 09:35:03 -0400

Joe Hudson is sure the winners of the impending tech revolution will be human.

SpaceX Agrees to $60 Billion Cursor Takeover Post-IPO

admin — Tue, 16 Jun 2026 09:30:05 -0400

SpaceX will take over Cursor in a deal that values the artificial intelligence coding startup at $60 billion, as Elon Musk aims to catch up with rivals on coding tools. The deal is expected to close in the third quarter. Ed Ludlow reports on Bloomberg Television. (Source: Bloomberg)

Microsoft’s Latest Surface PCs Offer Better Graphics, Faster AI

admin — Tue, 16 Jun 2026 09:05:02 -0400

Microsoft Corp. introduced updated Surface Pro and Surface Laptop devices, refreshing both products with faster graphics and new chips from Qualcomm Inc. to more effectively court creative professionals and artificial intelligence super users.

Siri AI Catching Up to Chatbot Competitors

admin — Tue, 16 Jun 2026 08:50:05 -0400

Apple’s new Siri AI, despite mainly delivering on promises made two years ago, is good enough to help ease Apple out of its AI crisis, says Bloomberg's Mark Gurman. He joins Ed Ludlow on "Bloomberg Tech" to discuss the advancements of Siri AI. (Source: Bloomberg)

Man Group Sees ‘Bubble Risks’ as AI Bond Sales Break Records

admin — Tue, 16 Jun 2026 08:30:05 -0400

Man Group Plc says “bubble risks” are mounting as bond sales boom in the race to build out artificial intelligence infrastructure.

Databricks Sales Double for Product That Competes With Snowflake

admin — Tue, 16 Jun 2026 08:15:03 -0400

Databricks Inc., a privately held software maker that competes with Snowflake Inc. and Alphabet Inc.’s Google, said its data warehousing business has more than doubled in size over the last year, reaching a $1.5 billion annual run rate.

Dan Ives on US-Anthropic Talks, AI M&A, Open AI Losses

admin — Tue, 16 Jun 2026 08:00:33 -0400

Dan Ives, global senior equity analyst at Wedbush Securities, discusses what he calls the “tug of war” between Anthropic and the Trump administration, why he expects accelerated M&A on artificial intelligence, and reported losses at OpenAI ahead of the company’s IPO later this year. (Source: Bloomberg)

Anthropic’s AI Runs Into DC Rule Inconsistency

admin — Tue, 16 Jun 2026 07:05:04 -0400

The AI pioneer is working to allay White House concerns about national security

Trump’s Anthropic Crackdown Sets Off AI Alarms for US Allies

admin — Tue, 16 Jun 2026 06:50:04 -0400

With the recent crackdown on Anthropic, the Trump administration has given global leaders another reason to panic about their place in the technology race.

Corporate AI Has a Human Intelligence Mining Challenge

admin — Tue, 16 Jun 2026 06:35:03 -0400

Much of the information about how work actually gets done lives in employees’ heads, and capturing this knowledge is hard.

Europe Offers Cheaper AI Bets as Focus Shifts, Citi’s Badoy Says

admin — Tue, 16 Jun 2026 06:25:03 -0400

European markets present cheaper opportunities in artificial intelligence adoption as the focus shifts from infrastructure to implementation, according to Elise Badoy of Citigroup Inc.

French Security Service to Replace Palantir With Local Firm

admin — Tue, 16 Jun 2026 05:05:03 -0400

France’s domestic intelligence agency, DGSI, will replace Palantir Technologies Inc. data tools with a local alternative made by Chapsvision, as European countries increasingly seek to reduce their dependence on US tech firms.

French Security Service to Replace Palantir With Local Software

admin — Tue, 16 Jun 2026 04:50:04 -0400

SpaceX Stock Set for More Than 50% Jump in Just Three Sessions

admin — Tue, 16 Jun 2026 04:15:04 -0400

SpaceX shares surged in premarket trading, putting the stock on track to extend a rally following its blockbuster debut last week.

Horizons Middle East & Africa 6/16/2026 (Video)

admin — Tue, 16 Jun 2026 04:10:05 -0400

STMicro Eyes $1.5 Billion Convertible Bonds After AI-Fueled Jump

admin — Tue, 16 Jun 2026 03:55:04 -0400

STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year.

Anthropic Curbs Show Need for Sovereign AI, Upstage CEO Says

admin — Tue, 16 Jun 2026 01:10:05 -0400

The US directive to restrict foreign access to Anthropic PBC’s most advanced technologies underscores the importance of South Korea’s sovereign artificial intelligence efforts, according to the head of a leading domestic AI startup.

AI Re-Rating Fuels 550% Rally in Hong Kong’s Kingboard Laminates

admin — Tue, 16 Jun 2026 00:45:03 -0400

Kingboard Laminates Holdings Ltd. has rallied more than sixfold this year as investors bet the Chinese supplier to the printed circuit board industry will emerge as a key beneficiary of the AI buildout.

AI Driven Re-Rating Fuels 550% Rally in Kingboard Laminates

admin — Tue, 16 Jun 2026 00:30:05 -0400

Hong Kong Stocks Face Pressure From $33 Billion Lockup Expiry

admin — Mon, 15 Jun 2026 21:45:03 -0400

Hong Kong’s underperforming stock market may come under renewed pressure as a large amount of shares frozen under restrictions tied to equities offerings become tradable next month.

S&P 500 Set for Best Day Since April as Oil Sinks | The Close 6/15/2026

admin — Mon, 15 Jun 2026 19:05:03 -0400

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Goldman Sachs Chief Equity Strategist & Managing Director Ben Snider, Teneo Global Chair, Political Risk Advisory Kevin Kajiwara, Ariel Investments Chairman, Co-CEO & Chief Investment Officer John Rogers, Kestra Chief Investment Officer Kara Murphy, PIMCO Head of Public Policy Libby Cantrill, Elanco Animal Health CEO Jeff Simmons, & Rapper N.O.R.E & DJ EFN. (Source: Bloomberg)

Canada to Restrict Use of Personal Data for Custom Prices

admin — Mon, 15 Jun 2026 18:30:05 -0400

The Canadian government is proposing stricter privacy rules that would limit businesses from using personal data to charge consumers higher prices, while giving individuals more power over their own information.

Goldman-Backed Go to Debut After Biggest Japan IPO This Year

admin — Mon, 15 Jun 2026 17:50:04 -0400

Taxi-hailing app provider Go Inc.’s shares will start trading on the Tokyo Stock Exchange on Tuesday, testing investor sentiment after the nation’s largest initial public offering so far this year.

Studios in Microsoft’s Xbox Division Brace for Closures

admin — Mon, 15 Jun 2026 16:20:04 -0400

The studios, which include Compulsion Games and Double Fine, are in active negotiations with Xbox and may be given the chance to go independent.

Rieder Says No Forward Guidance Is a Good Thing

admin — Mon, 15 Jun 2026 15:35:03 -0400

Rick Rieder, BlackRock global fixed income CIO, says if the new Federal Reserve Chair Kevin Warsh eliminates forward guidance, it will be good for markets. He speaks about how other changes Warsh makes could impact stocks, the state of private credit and where he sees the price of bitcoin heading. He appears on "Bloomberg ETF IQ." (Source: Bloomberg)

China's AI Markets Still 'A Source of Funds' Says Citigroup

admin — Mon, 15 Jun 2026 15:20:05 -0400

Alicia Yap, Citi's head of Pan-Asia Internet Research, breaks down where China's tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as "a source of funds," with Wall Street dumping local stocks to fund the global AI hardware trade. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

What Is Anthropic’s Mythos AI and Why Was It Blocked?

admin — Mon, 15 Jun 2026 15:15:03 -0400

Anthropic PBC has said its new artificial intelligence tool, Mythos, is so good at finding vulnerabilities in software and computer systems that it can’t be released to the general public. The AI giant released Mythos to only 200 partner organizations because if a tool this powerful fell into the wrong hands, Anthropic says, it could help attackers more easily steal data or disrupt critical infrastructure.

Polymarket Traders Clash Over $345 Million Iran Peace Market

admin — Mon, 15 Jun 2026 15:10:03 -0400

A proposed deal to end hostilities between the US and Iran gave equities and bond traders a measure of relief on Monday. It also left prediction markets with a new headache.

The Race to Build Data Centers in Space

admin — Mon, 15 Jun 2026 15:05:04 -0400

“Data centers in space” may sound like science fiction, but as the SpaceX IPO augurs a space boom, tech giants and startups are betting orbital artificial intelligence is the next frontier. (Source: Bloomberg)

Bloomberg Tech

admin — Mon, 15 Jun 2026 14:00:04 -0400

The only daily live technology program with a focus on breaking news, market-moving reporting and analysis of global technology companies and stories. (Source: Bloomberg)

Salesforce to Buy AI Firm That Handles Customer Service

admin — Mon, 15 Jun 2026 13:40:04 -0400

Salesforce Inc. has agreed to buy Fin, a firm that develops artificial intelligence-powered customer agents, for about $3.6 billion as the software company works to win new business for enterprise AI. Fin’s flagship product, AI Agent, handles customer queries via chat, email, WhatsApp, text message, phone and Slack. Bloomberg Intelligence Technology Analyst Anurag Rana joined Paul Sweeney and Scarlet Fu on "Bloomberg Intelligence." (Source: Bloomberg)

JPMorgan Traders Turn Bullish on US Stocks Citing Peace Deal

admin — Mon, 15 Jun 2026 13:05:03 -0400

JPMorgan Chase & Co.’s trading desk has turned bullish on stocks following optimism that peace in the Middle East is near.

Anthropic Set to Meet Trump Officials Over AI Security Concerns

admin — Mon, 15 Jun 2026 12:10:04 -0400

Anthropic PBC executives are planning to meet with Trump administration officials on Monday to discuss an unprecedented US government directive barring foreign access to the company’s most advanced artificial intelligence models, according to a person familiar with the matter.

Chainguard, Cyber Firms Use AI to Hunt for Open-Source Flaws

admin — Mon, 15 Jun 2026 12:05:04 -0400

More than two dozen companies including JPMorgan Chase & Co. and an array of cybersecurity firms are collaborating to remedy software flaws spotted by cutting-edge artificial intelligence models.

Fox Will Buy Roku In Deal Worth About $22 Billion

admin — Mon, 15 Jun 2026 11:50:05 -0400

Bloomberg Intelligence media analyst Geetha Rangananthan says this deal makes a lot of strategic sense because it gives Fox more of a gateway into streaming. The acquisition will create the third-largest player in the US television market by share of viewing, spanning broadcast, cable, local and streaming, the companies said. She appears on "Bloomberg Open Interest." (Source: Bloomberg)

Industrials Stocks Erase War Selloff, Hit Record on US-Iran Deal

admin — Mon, 15 Jun 2026 11:30:05 -0400

Shares of large US industrial companies jumped to a record Monday after the US and Iran said an interim peace deal was reached, raising hopes that the energy crisis threatening manufacturers’ and transportation firms’ profits will recede.

Roku-Fox Deal; Airlines Move Higher | Stock Movers

admin — Mon, 15 Jun 2026 10:35:04 -0400

On this episode of Stock Movers with Alexis Christoforous: - Roku (ROKU) is higher while Fox (FOX) is declining on news Fox agreed to acquire Roku in a deal that values the streaming video platform at about $22 billion including debt. - United Airlines (UAL) is surging with airlines stocks up around 4% ahead of the open after the U.S. and Iran reached an interim peace deal. - Coinbase (COIN) and Robinhood (HOOD) are following Bitcoin higher amid broader risk appetite with the US-Iran interim deal. (Source: Bloomberg)

Anthropic Shuts Down Mythos Access After US Order

admin — Mon, 15 Jun 2026 09:50:05 -0400

The US Commerce Department imposed export controls on June 12 restricting Anthropic from offering its most advanced AI models to foreign nationals. In response, Anthropic announced it would halt access to these models for all users, citing the impracticality of policing usage on a case-by-case basis and noting that many of its employees are foreign nationals who would also be affected. Ed Ludlow has more on "Bloomberg Open Interest." (Source: Bloomberg)

Nvidia Looks to Raise $20 Billion in First Bond Sale Since 2021

admin — Mon, 15 Jun 2026 09:40:04 -0400

Nvidia is preparing to raise at least $20 billion through its first corporate bond sale since 2021, marketing bonds across seven tranches with maturities ranging from two to thirty years, according to people with direct knowledge of the matter. (Source: Bloomberg)

Whole Foods Unionization Upheld By US Labor Board

admin — Mon, 15 Jun 2026 09:20:04 -0400

The US labor board ruled against Whole Foods Market’s objections to a landmark Philadelphia unionization vote, teeing up a likely yearslong legal battle over whether the Amazon.com Inc. grocery chain must collectively bargain with US employees for the first time.

Inside the Race to Build a Compute Futures Market Bigger Than Oil

admin — Mon, 15 Jun 2026 09:15:03 -0400

On this episode of the Odd Lots podcast, Compute Exchange and Silicon Data CEO Carmen Li tells Joe Weisenthal and Tracy Alloway about her company's quest to build a compute market that could become bigger than oil and what goes into constructing a GPU index. (Source: Bloomberg)

Salesforce to Buy AI Customer Service Firm Fin for $3.6 Billion

admin — Mon, 15 Jun 2026 08:40:04 -0400

AMD Deal Helps Austrian Chip-Component Maker Extend 500% Rally

admin — Mon, 15 Jun 2026 08:35:04 -0400

Shares in chip-part maker Austria Technologie & Systemtechnik AG rallied the most in six years after the company raised its guidance and pledged increased output and investment as part of a deal to supply Advanced Micro Devices Inc.

Nvidia Looks to Raise at Least $20 Billion From Bond Offering

admin — Mon, 15 Jun 2026 08:30:03 -0400

Nvidia Corp. is seeking to raise at least $20 billion from its first corporate bond sale since 2021, according to people with direct knowledge of the matter.

Nvidia Kicks Off Its First Corporate Bond Offering in Five Years

admin — Mon, 15 Jun 2026 08:25:02 -0400

Nvidia Corp. is seeking to sell high-grade debt for the first time in about five years, extending a relentless wave of borrowing for companies spearheading the artificial intelligence boom.

Nvidia Kicks Off First High-Grade Bond Offering Since 2021

admin — Mon, 15 Jun 2026 08:20:03 -0400

Nvidia Corp. is seeking to sell high-grade debt for the first time in about five years, extending a relentless wave of borrowing for companies spearheading the artificial intelligence boom.

Kalshi Builds AI Agent to Stress-Test Prediction Market Bets

admin — Mon, 15 Jun 2026 08:15:09 -0400

Kalshi Inc. has developed its own AI agent to help deal with a number of internal processes, including some of the thorniest issues it faces around the wording of its prediction market contracts.

Goldman Brings Google to Prepaid Energy Market After Equity Deal

admin — Mon, 15 Jun 2026 07:50:03 -0400

On the heels of arranging a record $85 billion equity-raise for Alphabet Inc., Goldman Sachs Group Inc. has scored a lesser-known victory for the tech giant in the municipal bond market.

Can SpaceX’s IPO Provide Liftoff for the Space Industry?

admin — Mon, 15 Jun 2026 07:40:03 -0400

Rocket Lab President and CEO Peter Beck says attention generated by the record SpaceX IPO “is a good thing for the whole space industry,” as he discusses the race to raise capital in the industry and the potential timeline for data centers in space. Beck speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Fox to Buy Roku at $22 Billion Value in Streaming Video Push

admin — Mon, 15 Jun 2026 07:25:03 -0400

Fox Corp. will acquire Roku Inc. for $160 a share in a cash-and-stock deal that values the streaming video platform at an enterprise value of about $22 billion.

Can Apple’s ‘Good Enough’ Siri Compete With ChatGPT?

admin — Mon, 15 Jun 2026 07:05:03 -0400

Consumers have lots of AI choices so Apple’s assistant needs to match rivals

US-Iran Deal to Breathe Life Into Lagging Parts of Markets, NewEdge’s Dawson Says

admin — Mon, 15 Jun 2026 07:00:05 -0400

Cameron Dawson, CIO at NewEdge Wealth, examines the areas of the equity markets that could see the biggest potential upswings with the announcement of an agreement between the US and Iran. (Source: Bloomberg)

Anthropic Export Ban Deepens Fears About US Stranglehold on AI

admin — Mon, 15 Jun 2026 06:35:08 -0400

For many politicians and technologists outside the US, their gravest fear about AI came true this weekend

Patsnap Said to Confidentially File for HK, Singapore Dual IPO

admin — Mon, 15 Jun 2026 06:10:04 -0400

Patsnap, an intellectual-property data provider, has filed confidentially for an initial public offering in Hong Kong and Singapore, snapping a prolonged drought for technology listings by Southeast Asian companies.

Xiaohongshu Is Said to Ready Hong Kong IPO Filing This Month

admin — Mon, 15 Jun 2026 06:00:06 -0400

Xiaohongshu Technology Co., the Chinese creator of social platform RedNote, is preparing to confidentially file for an initial public offering in Hong Kong by the end of this month, according to people familiar with the matter.

Tencent-Backed Enflame Heads to IPO as China AI Chip Wave Grows

admin — Mon, 15 Jun 2026 05:30:06 -0400

Tencent Holdings Ltd.-backed Shanghai Enflame Technology Co. has received approval for an initial public offering, a key step toward bringing to the market the last of the “four little dragons,” a group of leading artificial intelligence chipmakers.

Carmen Li's Plan to Build a Futures Market for Compute | Odd Lots

admin — Mon, 15 Jun 2026 04:30:05 -0400

When we spoke to DRW's Don Wilson last year, he talked about building out a GPU market that might be bigger than oil. Now, a year later, he is working with Carmen Li to do just that. Li is the CEO of two companies — Silicon Data and Compute Exchange (where she works alongside Wilson). The former company is building the index for GPU pricing while the latter is a spot marketplace for GPU procurement. Today's episode — recorded at our live show at City Winery in New York — gets into how Li is building a whole new market for GPUs at her two companies. We talk about the challenge of standardizing compute, GPU price volatility, if used GPUs are like used cars, what goes into constructing a GPU index, and what it means to win the GPU lottery. (Source: Bloomberg)

Torsten Slok Shows Us How AI Is Eating the Entire US Economy | Odd Lots

admin — Mon, 15 Jun 2026 04:10:04 -0400

Apollo Global Management's chief economist Torsten Slok is known as the "King of Charts." That's why during our most recent show, at City Winery in New York, we invited him to do a presentation, on stage, for the live audience. In this bonus video-only episode, he dives into how AI has eaten up the entire US economy. His slide deck charts includes information on the massive data center build out, what's driving growth in the US economy, the industrial renaissance kicked off by the CHIPS Act, and AI's effect on GDP. In some ways, the conversation was almost prescient: He predicted that nonfarm payrolls would rise, and indeed, they came in pretty hot last week. Just as important is his investment advice: It used to be conventional wisdom that a diversified portfolio was something like 60% stocks, 40% bonds. But now that AI has shown up in both equity and bonds, he says the new 60/40 is going to be AI vs non-AI. (Source: Bloomberg)

Anthropic Restricts Mythos After US Order

admin — Mon, 15 Jun 2026 03:50:03 -0400

Anthropic has shut off access to its most advanced AI models after a Trump administration order citing national security concerns. The move could set a major precedent for AI regulation, with implications for OpenAI, Google, Meta and beyond. (Source: Bloomberg)

US Orders Anthropic to Block Foreign Access to Mythos

admin — Mon, 15 Jun 2026 03:40:04 -0400

The US government has ordered Anthropic PBC to disable access to its most advanced AI models, such as Mythos and Fable 5, for all foreign nationals. The order comes after the US government discovered it’s possible to “jailbreak,” or bypass the guardrails, of the Fable 5. Bloomberg's Neil Campling reports. (Source: Bloomberg)

Kazakhstan, Firebird Ink $10 Billion AI Deal With Nvidia Support

admin — Mon, 15 Jun 2026 03:20:03 -0400

Kazakhstan signed accords with the startup Firebird Inc. on computing projects involving Nvidia Corp. that could bring as much as $10 billion in investment, as the Central Asian energy producer looks to position itself as an artificial intelligence hub.

South African Firms Face Pressure Due to Anti-Immigrant Protests

admin — Mon, 15 Jun 2026 01:15:04 -0400

South African companies with operations across Africa are facing mounting pressure as anti-immigrant protests in the continent’s largest economy trigger diplomatic tensions and calls for action against their businesses.

Hong Kong Leader Says He’s Yet to Consider Possible Second Term

admin — Mon, 15 Jun 2026 00:40:03 -0400

Hong Kong Chief Executive John Lee remained non-committal about seeking a second term, deflecting questions regarding his political future ahead of the city’s leadership selection next year.

新SiriはアップルAI危機を救えるか、実機を試して見えた7つの改善例－Power On

admin — Sun, 14 Jun 2026 23:05:04 -0400

アップルの新Siriは2年遅れで登場したものの、実用性が十分な水準に達し、AI戦略立て直しの足掛かりとなりつつある。

Activist Palliser Urges Taiwan Firm WUS to Privatize, Lift Value

admin — Sun, 14 Jun 2026 22:25:04 -0400

Activist hedge fund Palliser Capital is urging Taiwanese company WUS Printed Circuit Co. to enhance shareholder value, including through a potential privatization, according to documents viewed by Bloomberg News.

South Korea’s Floundering Movie Business Turns to AI for Help

admin — Sun, 14 Jun 2026 19:35:04 -0400

Two films built largely with generative AI tools are on view in South Korean theaters

Carney Says Anthropic Ban Shows Risk of Relying on Big AI Models

admin — Sun, 14 Jun 2026 13:25:03 -0400

Prime Minister Mark Carney said the US export ban blocking all foreign access to Anthropic PBC’s latest artificial intelligence models underscores the risk of depending on just a handful of powerful AI tools.

Apple’s New Siri Is Just Good Enough to Ease Its AI Crisis

admin — Sun, 14 Jun 2026 10:05:03 -0400

The company prepares for the foldable iPhone and touch-screen MacBook.

Crypto Token’s 50% Wipeout Shows Magnitude of AI-Hacking Threat

admin — Sun, 14 Jun 2026 09:15:03 -0400

When Eli Ben-Sasson helped create the Zcash cryptocurrency nearly a decade ago, the cryptographer worried about human adversaries. He didn’t expect that machine intelligence would one day expose a flaw that had eluded years of expert human judgment.

How Google Is Reinventing Search with AI

admin — Sun, 14 Jun 2026 08:10:04 -0400

Google is making the biggest change to its search business in more than two decades, integrating AI-generated answers, conversational search, and reasoning tools directly into the heart of its search product, which has shaped the course of content and the internet.. Nick Fox, Google’s Senior Vice President of Knowledge and Information, argues that AI allows users to ask more complex questions and get faster, more useful answers while still connecting people to content across the web. But, for creators and publishers, fewer keystrokes could make a difference. (Source: Bloomberg)

AI Turns Coders, Lawyers and Analysts Into Ghosts of London’s Past

admin — Sun, 14 Jun 2026 07:20:04 -0400

Search for “finance analyst” and you’re likely to find around 80 vacancies in London, according to a prominent recruitment website. If that seems like a surprisingly low number for one of the world’s biggest banking and corporate hubs, it’s because it is — four years earlier, the same website featured more than 350 of these roles.

UK to Announce Social Media Ban for Teens This Week, Nandy Says

admin — Sun, 14 Jun 2026 05:35:06 -0400

A UK ban on under-16s using social media set to be unveiled this week is not “a silver bullet” but will have “a significant role to play” in keeping children safe, Culture Secretary Lisa Nandy told Sky News on Sunday.

Jack Ma-Backed Ant Group Set for High-Stakes Overhaul of Billion-User App

admin — Sun, 14 Jun 2026 04:10:04 -0400

Ant Group Co. is testing an overhaul to its Alipay super app that would introduce an AI agent interface, a major escalation in its battle for users with archrival WeChat.

SpaceX Surge Further Boosts Saudi Billionaire Prince’s Fortune

admin — Sun, 14 Jun 2026 03:45:03 -0400

Friday’s debut share surge for SpaceX is bolstering the fortunes of one of Saudi Arabia’s richest men.

Starmer to Meet Japan’s Takaichi as Fighter Jet Funding Sputters

admin — Sun, 14 Jun 2026 01:25:04 -0400

British Prime Minister Keir Starmer will meet his Japanese counterpart Sanae Takaichi on Sunday as uncertainty mounts over their joint fighter jet program with Italy because of doubts about the UK’s commitment.

Why the US Is Investing in Quantum Computing

admin — Sat, 13 Jun 2026 10:15:03 -0400

The Trump administration is making another move into venture-style investing, taking equity stakes in nine quantum computing companies. IBM, the largest recipient of the investment, thinks that quantum systems could eventually solve problems involving drug discovery, financial markets, cybersecurity, logistics, and climate science that remain beyond the reach of classical computers. But while companies such as IBM and IonQ claim major breakthroughs are near, former IBM CEO Sam Palmisano questions the government’s role in choosing specific corporate winners and warns that commercial adoption may still take years to realize. (Source: Bloomberg)

We’re All on Starship Elon Now

admin — Sat, 13 Jun 2026 08:05:02 -0400

SpaceX is coming to a mutual fund or 401(k) near you.

Global Capitalism Bets It All on AI Future That Alarms Voters

admin — Sat, 13 Jun 2026 07:15:03 -0400

Days after filing confidentially to go public, Anthropic, the $965 billion artificial intelligence juggernaut that’s one of the fastest-growing startups of all time, dropped another bombshell.

OpenAI Probed by Coalition of State Attorneys General

admin — Fri, 12 Jun 2026 20:45:04 -0400

OpenAI is under investigation by a coalition of state attorneys general who requested information from the artificial intelligence company on a wide range of topics.

Wall Street Week | SpaceX Goes Public, Google’s AI Bet, World Cup Price Backlash

admin — Fri, 12 Jun 2026 19:45:03 -0400

This week, the arrival of mega-IPOs is testing capital markets as investor appetite grows larger than supply. The federal government is making a direct investment in private technology companies, betting on quantum computing. Plus, Google is making its most radical change to search in twenty years by incorporating AI. Later, the most lucrative World Cup in history is testing how much fans are willing and able to pay for football. (Source: Bloomberg)

SpaceX Jumps in First Day Following Record $75B IPO | The Close 6/12/2026

admin — Fri, 12 Jun 2026 19:20:03 -0400

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are The IPO Initiative Director Jay Ritter, Impulse Space Founder & CEO Tom Mueller, Pitchbook Senior Research Analyst Franco Granda, Class V Group Founder Lise Buyer, Kayne Anderson Rudnick Portfolio Manager & Senior Research Analyst Julie Biel, Neuberger Senior Portfolio Manager Dan Hanson, Space Foundation CEO Heather Pringle, NYC Comptroller Mark Levine, Former Us Senator and 2X NBA Champion Bill Bradley, & Big3 Co-Founder & Rapper Ice Cube. (Source: Bloomberg)

Class V Group Founder Analyzes Unique Features of SpaceX's Record $75B IPO

admin — Fri, 12 Jun 2026 18:00:06 -0400

Lise Buyer, Founder at Class V Group and one of the architects of Google's IPO, provided insights on SpaceX's recent record-breaking $75 billion IPO. She highlighted the unusual aspects of the offering, including its fixed pricing rather than a price range, and the staggered lockup release structure. She speaks to Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Tom Mueller on SpaceX’s Rise and Space Economy

admin — Fri, 12 Jun 2026 17:45:08 -0400

Tom Mueller, Founder and CEO of Impulse Space and first employee at SpaceX, discussed SpaceX’s evolution from a risky startup in 2002 to a $2 trillion public company. He described early skepticism, repeated test failures, and key milestones such as reaching orbit, servicing the ISS, landing reusable rockets, and enabling global internet. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

SpaceX IPO Leaves Billions on the Table Amid High Valuation Concerns

admin — Fri, 12 Jun 2026 17:30:04 -0400

Jay Ritter, director of The IPO Initiative and Emeritus Professor at the University of Florida, discussed the unprecedented $75 billion SpaceX IPO, highlighting its fixed $135 offer price set before the roadshow—a highly unusual approach. This pricing strategy resulted in a first-day stock price jump that left approximately $20 billion in first-day profits on the table, more than double the previous U.S. IPO record held by Alibaba. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Paramount’s Deal for Warner Bros. Is Cleared by US DOJ

admin — Fri, 12 Jun 2026 17:10:04 -0400

The US Justice Department has closed its antitrust probe into Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., according to people familiar with the decision.

Paramount Purchase of Warner Bros. Cleared by Justice Department

admin — Fri, 12 Jun 2026 16:50:04 -0400

The US Justice Department has closed its antitrust probe into the $110 billion merger of Paramount Skydance Corp. and Warner Bros. Discovery Inc., according to people familiar with the decision.

SpaceX's Wall Street Debut Breaks Records

admin — Fri, 12 Jun 2026 16:40:04 -0400

On today’s Big Take podcast, David Gura and Bloomberg’s Ed Ludlow break down the over $1.7 trillion SpaceX IPO and what it means for Musk, the space economy and the financial markets. (Source: Bloomberg)

SpaceX Passes Tesla as Most Valuable Company in Musk’s Portfolio

admin — Fri, 12 Jun 2026 16:25:02 -0400

When it comes to the interconnected companies of Elon Musk, Tesla Inc. is no longer the big man on campus.

SpaceX and Tesla Will Merge, Merz Says

admin — Fri, 12 Jun 2026 16:05:04 -0400

Tesla investor Alexandra Merz says Tesla and SpaceX will merge. She speaks on "Bloomberg Tech." (Source: Bloomberg)

SpaceX Rented Out Computing After Own Teams Had Trouble Using It

admin — Fri, 12 Jun 2026 14:40:07 -0400

SpaceX decided to rent out the full capacity of its Colossus 1 data center in Memphis to Anthropic PBC after encountering technical challenges using the facility to develop and run its Grok artificial intelligence models, according to people familiar with the matter.

SpaceX Surges 11% In Public Debut | Open Interest 6/12/2026

admin — Fri, 12 Jun 2026 14:30:05 -0400

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." SpaceX explodes out of the gate, opening 11% above its IPO price after raising $75 billion and instantly making Elon Musk the world's first trillionaire. Max Chafkin and Ed Ludlow break down Musk's growing grip on SpaceX, Tesla merger speculation, and what's next for investors. Plus, Interstellar Lab's Barbara Belvisi on how space farming technology could help humans live on the Moon and Mars. (Source: Bloomberg)

SpaceX Shares Surge After IPO Making Musk a Trillionaire

admin — Fri, 12 Jun 2026 14:00:05 -0400

After months of waiting, SpaceX is now a public company. The stock climbed 31% above its offering price at at one point on the Nasdaq. Bloomberg's Yahaira Anand was there for opening bell and has more. (Source: Bloomberg)

Why ‘Final Fantasy VII Revelation’ Took Only Three Years to Make

admin — Fri, 12 Jun 2026 13:05:03 -0400

Director Naoki Hamaguchi says the keys were retaining staff and sticking to his vision

The Four Biggest Issues Facing the Music Industry Right Now

admin — Fri, 12 Jun 2026 12:35:03 -0400

From AI to fraud to AI-powered fraud, the music business has some concerns

Elon Musk Is the World's First Trillionaire

admin — Fri, 12 Jun 2026 12:30:03 -0400

It's official: The world has its first trillionaire. At $150 a share, Elon Musk’s net worth is roughly $1.05 trillion. SpaceX began trading on the Nasdaq Friday morning. Caroline Hyde, Ed Ludlow and Alexandra Merz, a Tesla investor, discuss. (Source: Bloomberg)

SpaceX Begins Trading on the Nasdaq After Record IPO

admin — Fri, 12 Jun 2026 12:20:04 -0400

SpaceX is now trading. The stock sold for $150 in its opening trade on Nasdaq at 11:46 a.m. in New York, 11% above its $135 offering price, and climbed as high as $168.75 in the first few minutes. Ed Ludlow and Caroline Hyde report. (Source: Bloomberg)

SpaceX Isn’t in the S&P 500. That's Good.

admin — Fri, 12 Jun 2026 12:15:04 -0400

The S&P 500 shouldn’t make exceptions for big tech companies like SpaceX, Anthropic or OpenAI. Keeping its criteria for admission is more important, says Bloomberg Opinion columnist Nir Kaissar. (Source: Bloomberg)

Rival Space Stocks Tumble as Investors Race Toward Musk’s IPO

admin — Fri, 12 Jun 2026 11:50:05 -0400

SpaceX’s long-awaited initial public offering triggered a selloff across rocket, satellite and space-linked companies Friday.

Elon Musk Talks SpaceX, Future, and History on IPO Day

admin — Fri, 12 Jun 2026 11:30:05 -0400

SpaceX CEO Elon Musk kicked off a dual-listed Nasdaq bell ringing ceremony in both New York and Texas on Friday, with a livestream event where he addressed SpaceX employees. (Source: Bloomberg)

Elon Musk Rings Nasdaq Opening Bell Before SpaceX Begins Trading

admin — Fri, 12 Jun 2026 11:25:03 -0400

SpaceX CEO Elon Musk kicked off a dual-listed Nasdaq bell ringing ceremony in both New York and Texas on Friday morning before his company began trading. The rocket company made history with a $75 billion IPO. (Source: Bloomberg)

Duke's Harvey on Why SpaceX’s IPO Could Distort Passive Flows

admin — Fri, 12 Jun 2026 11:00:06 -0400

Shares of SpaceX appear ready to jump when they start trading on Friday after Elon Musk’s company made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Early indications of buying interest on Nasdaq pointed to a roughly 30% jump from the shares’ offering price of $135. The stock is expected to officially start trading later Friday under the ticker SPCX. Campbell Harvey, Professor of Finance at Duke University's Fuqua School of Business, breaks down why the SpaceX IPO could expose major flaws in index construction, passive fund buying and market structure, with a tiny float and accelerated benchmark inclusion set to intensify demand. (Source: Bloomberg)

SpaceX Should Triple Revenue in Two Years, Kennedy Says

admin — Fri, 12 Jun 2026 09:45:04 -0400

Matt Kennedy, Senior IPO Market Strategist at Renaissance Capital, expects SpaceX to more than triple revenue in the next two years. He speaks before SpaceX begins trading for the first time on "Bloomberg Surveillance." (Source: Bloomberg)

What Stock Traders Can Expect From SpaceX’s Trading Debut

admin — Fri, 12 Jun 2026 09:25:03 -0400

Investors will soon have a sense of how SpaceX shares will perform after the largest initial public offering ever — but they may need to wait several hours to get in on the trading action.

France’s Mistral in Funding Talks at About €20 Billion Valuation

admin — Fri, 12 Jun 2026 09:05:03 -0400

French startup Mistral AI is in talks to raise around €3 billion ($3.5 billion) at a valuation of roughly €20 billion, according to people familiar with the discussions, providing Europe’s artificial intelligence champion with a cash injection as it competes in a costly computing race against competitors in the US and China.

SpaceX to Begin Trading After Record $75 Billion IPO

admin — Fri, 12 Jun 2026 08:25:02 -0400

Swiss Economy Depends on Foreign Workers: Economiesuisse

admin — Fri, 12 Jun 2026 07:15:02 -0400

If Switzerland votes to cap the population at 10 million inhabitants, this could severely impact labor-intensive sectors like restaurants, construction, and healthcare, as well as innovative sectors like scientific research and product development, all of which depend 'heavily' on foreign workers, says Rudolf Minsch, Chief Economist at Swiss business sector umbrella organization Economiesuisse. He spoke on 'The Pulse with Francine Lacqua' on Bloomberg TV. (Source: Bloomberg)

SpaceX Gets a $165 Price Target From New Steet’s Ferragu

admin — Fri, 12 Jun 2026 07:10:04 -0400

Pierre Ferragu managing director at New Street Research, discusses the record-breaking SpaceX IPO, his growth and capex expectations for the company moving forward, and the “Musk premium” factored into its valuation. (Source: Bloomberg)

Latest AI Doomers Imagine How Europe ‘Slides Into Irrelevance’

admin — Fri, 12 Jun 2026 07:05:03 -0400

Report urges ‘most ambitious’ effort to keep pace in the AI race

When Will the UK Have Its First £100 Billion Tech Firm?

admin — Fri, 12 Jun 2026 06:50:03 -0400

James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government's Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg's Tom Mackenzie at London Tech Week. (Source: Bloomberg)

When Will the UK Have Its First £100 Billion Tech Firm? (Video)

admin — Fri, 12 Jun 2026 06:45:02 -0400

The Next US-China AI Battle Is Over Compute — and China Is Spending Big

admin — Fri, 12 Jun 2026 06:35:03 -0400

China bets $295 billion on AI backbone as US data center boom accelerates

Do Humanoid Robots Really Need Legs?

admin — Fri, 12 Jun 2026 06:05:03 -0400

There’s a long-running disagreement among roboticists about whether wheeled robots make more sense than walking ones.

London's AI Boom | Bloomberg Tech: Europe 6/12/2026

admin — Fri, 12 Jun 2026 06:00:05 -0400

In this episode of Bloomberg Tech: Europe, Bloomberg’s Tom Mackenzie dives into London's AI boom. The UK capital is on a tear, with Britain leading the AI wave in Europe, so what's behind the explosive growth and how did London become a global center for artificial intelligence? Bloomberg speaks to key players, including the co-Founder of ElevenLabs - the UK's most valuable AI start-up. "Bloomberg Tech: Europe" spotlights the biggest names and trends shaping the region's technology ecosystem as the global competition heats up. This monthly, 30-minute magazine-style show features in-depth interviews with top technology leaders, as well as major investors and policymakers - giving you a compelling A to Z of the most consequential innovations, opportunities and challenges. (Source: Bloomberg)

SpaceX IPO Shows Willingness to Finance AI, Waldron Says

admin — Fri, 12 Jun 2026 05:35:03 -0400

John Waldron, Goldman Sachs president and chief operating officer discusses SpaceX's record IPO and whether markets can absorb two other possible big IPOs by the end of the year. "Capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure," he tells Bloomberg Television. (Source: Bloomberg)

SpaceX IPO Shows Willingness to Finance AI, Waldron Says (Video)

admin — Fri, 12 Jun 2026 05:30:03 -0400

Tech Secretary Vows More Help for UK AI Sector

admin — Fri, 12 Jun 2026 05:25:03 -0400

Technology Secretary Liz Kendall says the UK’s Labour government will strengthen efforts to drive institutional funds into British tech companies, as she pledged more backing for the country’s artificial intelligence sector. Speaking to Bloomberg TV during London Tech Week, Kendall said she wants The government wants to unlock investment into UK firms with legal reforms to how pension funds are run. (Source: Bloomberg)

UK Needs More Affordable Power Plants To Drive AI: Miller

admin — Fri, 12 Jun 2026 05:20:04 -0400

Evantic Capital Founder and Managing Partner Matt Miller says the UK needs to invest in more affordable power plants, including nuclear energy, to boost the the country's AI sector. Miller is a former partner at Sequoia Capital who last year founded Evantic, a 400 million dollar UK-based venture capital fund. Miller spoke to Tom Mackenzie on Bloomberg Tech: Europe. (Source: Bloomberg)

SpaceX Prepares for Debut After $75 Billion IPO Smashes Record

admin — Fri, 12 Jun 2026 05:15:07 -0400

SpaceX made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Now it has to win over the market.

How a Vibecoded Newsletter Is Making the Hay Market More Transparent

admin — Fri, 12 Jun 2026 04:05:03 -0400

A conversation with HayWire's Aiden Johnson.

UK Tech Secretary Vows More Action on Pushing Funds to Startups

admin — Fri, 12 Jun 2026 03:35:04 -0400

The UK’s Labour government will strengthen efforts to drive institutional funds into British tech companies, Technology Secretary Liz Kendall said, as she pledged more backing for the country’s artificial intelligence sector.

Kioxia Becomes Japan’s Most Valuable Firm as AI Mania Goes On

admin — Fri, 12 Jun 2026 03:10:02 -0400

Memory chipmaker Kioxia Holdings Corp. replaced Toyota Motor Corp. to become Japan’s largest company by market value, underscoring how the global artificial intelligence boom is reshaping the country’s corporate landscape.

SpaceX Governance Standards Too Weak: Danish Pension CIO

admin — Fri, 12 Jun 2026 03:00:05 -0400

Anders Schelde, chief investment officer of AkademikerPension, a $25 billion Danish pension fund, explains his concerns about SpaceX's valuation and governance structure. Speaking from Copenhagen on Bloomberg Television, Schelde says the risk of a sharp repricing is "definitely on the table." (Source: Bloomberg)

SpaceX Makes History With Biggest-Ever IPO

admin — Fri, 12 Jun 2026 02:30:04 -0400

SpaceX raised $75 billion in its IPO, pricing 555.6 million shares at $135 each, sending it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire. Bloomberg Intelligence's Matthew Bloxham breaks down the situation and what to expect from SpaceX's first day of trading. (Source: Bloomberg)

SpaceX Makes History With Biggest-Ever IPO (Video)

admin — Fri, 12 Jun 2026 02:25:03 -0400

SpaceX Raises $2.2 Billion in Japan Slice of Record-Breaking IPO

admin — Fri, 12 Jun 2026 02:05:03 -0400

SpaceX raised $2.2 billion from Japanese investors, according to a regulatory filing on Friday, as part of the world’s largest-ever initial public offering.

RLRWLD CEO on Nvidia Partnership, DexBench

admin — Fri, 12 Jun 2026 01:55:03 -0400

Junghee Ryu, Founder and CEO of South Korean robotics startup, RLWRLD, discusses the company's partnership with Nvidia to build a universal benchmark for evaluating how well robots use their hands to manipulate objects and complete tasks. The company is aiming to develop next-generation industry standards for humanoid robotics. He speaks with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Banks Curb Hedge Fund Bets on SK Hynix, Samsung After Wild Moves

admin — Fri, 12 Jun 2026 01:50:05 -0400

Global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix Inc. and Samsung Electronics Co. after a blistering rally this year raised concerns of a potential pullback, according to people familiar with the matter.

SpaceX Shares Indicated More Than 35% Higher in Shadow Trading

admin — Fri, 12 Jun 2026 01:10:04 -0400

Shadow markets are pricing a blockbuster SpaceX stock debut, indicating a pop of at least 35% for Elon Musk’s rocket, satellite and AI company.

China's Regulatory Ceasefire Is Over, Gavekal Says

admin — Fri, 12 Jun 2026 00:50:03 -0400

Tilly Zhang, China technology and industrial policy analyst at Gavekal Dragonomics, says Beijing's latest regulatory actions differ from its 2021 campaign, with greater emphasis on law enforcement. The market regulator had summoned Alibaba, JD.com and other e-commerce players for allegedly misleading promotions, its latest warning against unchecked competition in the online arena. (Source: Bloomberg)

AI Sparks Job Loss Worries in China, Call for Protection

admin — Fri, 12 Jun 2026 00:45:03 -0400

China’s rapid adoption of AI in the workplace has prompted an unusually blunt call from a state-run newspaper. The Workers' Daily, the official paper of China’s umbrella trade union organization, called on regulators to protect labor rights as officials consider how to contain risks posed by the new technology. (Source: Bloomberg)

Chinese Robot Appliance Maker Dreame Tech Is Said to Consider IPO in Hong Kong

admin — Fri, 12 Jun 2026 00:35:03 -0400

Dreame Technology, a Chinese maker of robotic vacuum cleaners and other smart home appliances, is considering a Hong Kong initial public offering as soon as next year, people familiar with the matter said.

Infineon to Open German Chip Fab as Part of EU Sovereignty Push

admin — Fri, 12 Jun 2026 00:05:04 -0400

Infineon Technologies AG is preparing to open its largest single investment, a €5 billion ($5.8 billion) semiconductor factory built with the help of European Union subsidies, as the bloc seeks to boost chip production.

Humanoid Robot Manufacturer EngineAI Is Said to File for Hong Kong IPO

admin — Thu, 11 Jun 2026 22:50:05 -0400

Chinese robotics startup EngineAI has filed confidentially for a Hong Kong initial public offering, according to people familiar with the matter, joining a legion of companies in the sector seeking funding.

Alibaba Bids $1.5 Billion for China Grocer in Fight With Meituan

admin — Thu, 11 Jun 2026 21:10:04 -0400

Alibaba Group Holding Ltd. is offering $1.5 billion to acquire Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from Meituan in online commerce.

MediaTek’s Rally Signals Shift From Laggard to AI Contender

admin — Thu, 11 Jun 2026 19:45:03 -0400

MediaTek Inc. shares are poised for their best quarter on record, as investors bet a shift into artificial intelligence chips can help it shed the overhang of its struggling older-tech business.

ChatGPT Pushed Back on LA Fire Suspect’s Vision of Burning City

admin — Thu, 11 Jun 2026 19:40:03 -0400

The man accused of setting the massive Palisades Fire in Los Angeles repeatedly asked ChatGPT to create images of a city engulfed in flames and floods, and cursed at OpenAI’s chatbot when it told him the scenery he envisioned was too violent, jurors at his trial were told Thursday.

Scaffolding Company’s Data-Center Pivot Cuts Into Margins

admin — Thu, 11 Jun 2026 19:10:04 -0400

Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Concerns Raised Over Corporate Governance in SpaceX's Historic IPO

admin — Thu, 11 Jun 2026 18:00:05 -0400

Nell Minow, Chair of Value Edge Advisors and Former President of ISS, advised caution regarding SpaceX's IPO, which was priced at $135 per share in the largest debut ever. She highlighted significant corporate governance issues being raised by pension managers and investors. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

SpaceX IPO Priced at $135 Amid Massive Oversubscription, Sparking Market Anticipation

admin — Thu, 11 Jun 2026 17:35:04 -0400

SpaceX has made history with the largest IPO ever, pricing shares at $135 each and raising $75 billion. Dan Ives, Global Head of Technology Research at Wedbush Securities, discussed the overwhelming demand for the offering, which Bloomberg reports is four times oversubscribed, including $100 billion in retail orders and significant institutional interest such as a $5 billion order from BlackRock. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

PIMCO’s Richard Clarida: AI Now a Major Economic Driver

admin — Thu, 11 Jun 2026 17:20:04 -0400

Richard Clarida, Managing Director and Global Economic Adviser at PIMCO and Former Vice Chair of the Federal Reserve Board of Governors, discussed the significant impact of artificial intelligence (AI) on the economy and markets over the next five years. He emphasized AI as a potential disinflationary force due to increased productivity and possible wage compression, while also noting the financing risks associated with AI investments. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Founders Fund, Andreessen Poised for Record Returns From SpaceX IPO

admin — Thu, 11 Jun 2026 16:30:05 -0400

A small number of firms are set to net tens of billions of dollars in returns from SpaceX’s initial public offering at a nearly $1.8 trillion valuation, marking one of the most significant windfalls in venture capital history.

The Push for a Public Wealth Fund to Distribute AI Gains

admin — Thu, 11 Jun 2026 16:05:03 -0400

Lawmakers and tech firms are suggesting new ways to ensure the public gets a piece of the AI boom

SpaceX Holder Ark Sees $300 Billion Win on Orbital Data Centers

admin — Thu, 11 Jun 2026 15:10:03 -0400

Ark Investment Management’s Brett Winton said SpaceX could generate $300 billion in annual revenue by deploying tens of gigawatts of orbital data center capacity by the late 2020s at the current rental rates.

Elon Musk’s SpaceX Set to Make History With Record-Breaking IPO

admin — Thu, 11 Jun 2026 14:40:04 -0400

SpaceX is poised to make history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire.

Gopuff Chose xAI For Cost and Quality, Says Co-CEO

admin — Thu, 11 Jun 2026 14:10:04 -0400

As SpaceXAI heads toward its IPO, investors are betting on more than rockets and chatbots: the company says enterprise AI represents a $26 trillion opportunity. But can Grok actually win corporate customers? One of the few companies putting it to work is Gopuff, which built its new AI shopping assistant on xAI's models. Gopuff co-CEO Rafael Ilishayev joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

SpaceX IPO Feels Like Milestone Moment Says 766's Ohanian

admin — Thu, 11 Jun 2026 14:05:02 -0400

Seven Seven Six founder and Reddit co-founder Alexis Ohanian says the SpaceX IPO feels like a milestone moment and will fuel new investment in the space economy. He also weighs in on the AI IPOs in the pipeline, from OpenAI to Anthropic, and how they will impact venture capital. He joins Bloomberg's Dani Burger on the sidelines of the annual SuperReturn conference in Berlin. (Source: Bloomberg)

Former xAI Staffer Says He Was Fired for Questioning Grok Safety

admin — Thu, 11 Jun 2026 14:00:05 -0400

A former artificial intelligence engineer at Elon Musk’s xAI is suing the company, alleging that he was wrongfully fired for raising concerns about the safety of the firm’s Grok chatbot.

SpaceX Debt Is ‘Biggest Rising Star of All Time,’ Marathon’s Richards Says

admin — Thu, 11 Jun 2026 13:45:03 -0400

Even as SpaceX readies its record initial public offering, it’s already the “biggest rising star of all time” in credit, says Bruce Richards, chairman of Marathon Asset Management LP.

The Biggest AI Mistakes Companies Make

admin — Thu, 11 Jun 2026 13:25:08 -0400

Executives are forcing AI onto workers, scapegoating it for layoffs and misunderstanding how disruptive technologies actually evolve, explains Bloomberg Opinion columnist Gautam Mukunda.. (Source: Bloomberg)

DigitalBridge CEO Dismisses Data Centers in Space

admin — Thu, 11 Jun 2026 12:55:04 -0400

DigitalBridge CEO Marc Ganzi joined Bloomberg Open Interest to explain why AI’s next bottleneck is power, not just chips or data centers. He breaks down the ArcLight acquisition, the company’s massive gigawatt pipeline, and why he thinks space-based data centers are still more “science project” than real infrastructure strategy. (Source: Bloomberg)

Jeff Bezos’ AI Startup Valued at $41 Billion in Funding Round

admin — Thu, 11 Jun 2026 12:35:03 -0400

Prometheus, an artificial intelligence startup led by Jeff Bezos, has raised a round of funding that values it at $41 billion, bolstering the Amazon.com Inc. founder’s status as a significant player in the AI boom.

Waymo Debuts $30 Invite-Only Membership With Cash Back, Faster Pickups

admin — Thu, 11 Jun 2026 12:05:03 -0400

Waymo, Alphabet Inc.’s robotaxi unit, is introducing a $30 monthly membership program that promises faster pickup times and credits toward future rides, among other perks aimed at its most frequent users.

CoreWeave AI Funding Goes Global With First Euro Junk-Bond Deal

admin — Thu, 11 Jun 2026 11:45:04 -0400

Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead.

OpenAI to Acquire Cloud Platform Ona to Support AI Agents

admin — Thu, 11 Jun 2026 11:10:05 -0400

OpenAI has agreed to acquire Ona, a startup that offers cloud services to support artificial intelligence agents, part of a bid by the AI developer to make its technology more useful for businesses.

NTT Unit Said to Seek $1 Billion to Develop Data Centers in US

admin — Thu, 11 Jun 2026 11:00:06 -0400

NTT Global Data Centers, a unit of Japan’s NTT Inc., is seeking at least $1 billion in fresh capital to fund development projects in the US, according to people with knowledge of the matter.

Richards Says SpaceX Is Biggest Rising Star of All Time

admin — Thu, 11 Jun 2026 10:55:03 -0400

Marathon Asset Management CEO, Chairman and co-founder Bruce Richards says SpaceX's level of debt are normal ahead of its expected initial public offering. He says the company is very well positioned across the board. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)

Richards Says SpaceX Is Biggest Rising Star of All Time (Video)

admin — Thu, 11 Jun 2026 10:50:04 -0400

Crusoe Pushed Aside at Wyoming AI Project After Google Concerns

admin — Thu, 11 Jun 2026 10:30:05 -0400

On Tuesday, the data center developer Crusoe announced that it had “paused” a plan to build an AI campus in Wyoming that would draw enough electricity to power a city the size of Denver.

True 'FOMO' Is Still Ahead of Us, Emanuel Says

admin — Thu, 11 Jun 2026 10:05:04 -0400

The bull market has room to run says Evercore's Julian Emanuel. “I would say that the true FOMO — the wild-eyed, buy at any cost, whatever it is I’ll take it — is still potentially ahead of us,” Emanuel said on "Bloomberg Surveillance." (Source: Bloomberg)

DoorDash Built an AI Chatbot to Help with Orders, Reservations and Grocery Lists

admin — Thu, 11 Jun 2026 09:05:06 -0400

DoorDash Inc. introduced an in-app artificial intelligence chatbot to help customers make restaurant and grocery orders, and suggested the technology could also be used to unlock new enterprise revenue streams.

OpenAI's Osborne on Governments Adopting AI

admin — Thu, 11 Jun 2026 09:00:05 -0400

OpenAI Head of Countries and former UK Chancellor of the Exchequer George Osborne says that while many countries have talked about adopting AI there are many still in process who haven't delivered on the adoption yet. He adds that governments that do adopt the new technologies more quickly will be the big winners when it comes to the economy and public services. He spoke with Bloomberg's Tom Mackenzie from the Founders Forum in Oxfordshire, UK. (Source: Bloomberg)

SpaceX IPO Draws More Than $70 Billion in Retail Orders

admin — Thu, 11 Jun 2026 08:50:03 -0400

SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.

Apollo Is Screening All Software Investments for AI Threat Risk

admin — Thu, 11 Jun 2026 08:10:05 -0400

Apollo Global Management Inc. is assessing every new investment opportunity in the software industry for AI disruption risk, as asset managers try to quell investor concerns that rapid advances in the technology could make businesses obsolete.

Anduril Open to Building Weapons Hub Outside US: CEO (Video)

admin — Thu, 11 Jun 2026 08:05:02 -0400

US Premarket Movers for June 11, 2026

admin — Thu, 11 Jun 2026 07:55:03 -0400

S&P 500 Index futures rise 0.7% as of 7:47 a.m. in New York as the latest US strikes against Iran came to a swift end.

Anduril CEO Says He’s Open to Building Weapons Hub Outside of US

admin — Thu, 11 Jun 2026 07:40:04 -0400

Anduril Industries Inc., one of the world’s most valuable defense-tech startups, would “absolutely” consider building its next weapons manufacturing hub outside the US, said Chief Executive Officer Brian Schimpf.

ShopMy Turns Everyone Into an Influencer Seeking a Commission

admin — Thu, 11 Jun 2026 07:05:03 -0400

The site raises questions about the motives behind product recommendations

The Cost of AI Is Showing Up in Inflation

admin — Thu, 11 Jun 2026 06:35:03 -0400

The massive buildout of data centers is driving up costs for critical hardware used in phones, computers and cars.

Grindr CEO Wants His Dating App to Become a Gay Culture Hub

admin — Thu, 11 Jun 2026 06:20:03 -0400

Madonna made a surprise appearance in Times Square last week, promoting her latest album, Confessions II. It was a marketing win for the pop star — and an even bigger one for Grindr Inc.

Warren Wants Wall Street to Disclose Data on AI Firm Exposure

admin — Thu, 11 Jun 2026 06:15:03 -0400

Senator Elizabeth Warren introduced a bill requiring financial institutions to disclose their exposure to artificial intelligence companies, continuing her push for more scrutiny on the sector’s funding.

SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy

admin — Thu, 11 Jun 2026 06:10:06 -0400

The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.

Oracle Falls as Data Center Costs Exceed Estimates

admin — Thu, 11 Jun 2026 06:05:03 -0400

Oracle shares declined in premarket trading after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027. Bloomberg Intelligence's Matthew Bloxham has more. (Source: Bloomberg)

Recursive Co-Founder Rocktäschel on Bloomberg TV

admin — Thu, 11 Jun 2026 05:55:03 -0400

Recursive Co-Founder Tim Rocktäschel speaks with Bloomberg's Tom Mackenzie from the Founders Forum in Oxfordshire, UK. (Source: Bloomberg)

Voyager CEO: SpaceX IPO Attention Good for Space Sector

admin — Thu, 11 Jun 2026 05:35:04 -0400

The week SpaceX launches its highly-anticipated initial public offering. Chairman and CEO of Voyager Technologies Dylan Taylor says ultimately more attention on the space sector will be good for the industry as a whole. Taylor spoke to Bloomberg TV's Francine Lacqua on Wednesday June 10. (Source: Bloomberg)

Markets Like to Climb a 'Wall of Worry,' JPMorgan Says (Video)

admin — Thu, 11 Jun 2026 05:20:04 -0400

SpaceX IPO Good for Sector, Says Voyager CEO

admin — Thu, 11 Jun 2026 05:10:03 -0400

On Friday, SpaceX launches its highly-anticipated initial public offering in what is set to be the largest listing in history. Dylan Taylor, Chairman and CEO of aerospace and defense company Voyager Technologies says he's "bullish and optimistic" about the impact it will have on the industry, saying he believes there will be a lot of capital that "flows back into other space names as well" . In an interview with Francine Lacqua on Bloomberg TV on Wednesday June 10, Taylor also discussed plans for habitation on the moon, the importance of the Artemis mission as well as the space race. (Source: Bloomberg)

Why Tomatoes Are the Most Expensive They've Been in Four Decades | Odd Lots

admin — Thu, 11 Jun 2026 04:40:03 -0400

In April, the price of tomatoes was around $2.69 per pound — the highest seen in some four decades. And tomatoes aren't the only food getting more expensive. From cauliflower to lettuce, fresh produce is spiking all over the place. So what's driving the price spike? And what can tomatoes teach us about America's political economy, including changes in trade and tariffs? Our guest today is Jacob Krempel, senior vice president of procurement and merchandising at the wholesale food distributor Baldor, and an expert in securing fresh produce. We talk to him about where America's tomato supply actually comes from, why consumers are paying more and more, how restaurants navigate price fluctuations, and the influx of novel new tomato varieties. (Source: Bloomberg)

Italian Unicorn Satispay Plans €120 Million Funding Round

admin — Thu, 11 Jun 2026 04:15:02 -0400

Satispay is planning to raise as much as €120 million ($139 million) to fund the Italian fintech’s expansion into new financial products and give it the flexibility to pursue acquisitions.

Meta Severs Manus Data Access After China Orders Buyout Unwound

admin — Thu, 11 Jun 2026 04:10:04 -0400

Meta Platforms Inc. has completed an operational split from Manus and halted data sharing between the two companies, taking a pivotal step toward unwinding a $2 billion acquisition opposed by Beijing.

AI Wave Sparks Alarm in China With Call to Protect Worker Rights

admin — Thu, 11 Jun 2026 02:35:04 -0400

China’s rapid adoption of artificial intelligence in the workplace has prompted an unusually blunt call from a state-run newspaper to protect labor rights, as Beijing considers how to contain risks posed by the new technology.

Oura's Jayaraman on New Model, Health Features

admin — Thu, 11 Jun 2026 02:00:04 -0400

Tanvi Jayaraman, Health AI Clinical Lead at Oura, discusses the smart ring maker's new model and its new wellness capabilities that aim at detecting signs of high blood pressure and sleep apnea. She speaks with Shery Ahn and Haidi Stroud-Watts on Bloomberg: The Asia Trade. (Source: Bloomberg)

Alibaba’s Dingtalk Chief Departs After Debate About AI Focus

admin — Thu, 11 Jun 2026 01:10:03 -0400

Alibaba Group Holding Ltd. has replaced the head of its Dingtalk app, making a high-profile leadership change after an internal debate erupted over the productivity platform’s place in the company’s broader AI strategy.

Alibaba, JD.com Slide After Beijing Slams Price-Cut Promotions

admin — Thu, 11 Jun 2026 01:05:03 -0400

Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid in Hong Kong after China’s market watchdog reprimanded top Chinese e-commerce players for what it said were misleading sales promotions.

Europe Margins Poised for First Growth Since 2022 on Oil, AI

admin — Thu, 11 Jun 2026 00:40:05 -0400

European companies’ margins are set to expand for the first time since 2022, driven by soaring commodity prices and artificial intelligence.

Stanford's Chen on US-Iran Tensions

admin — Wed, 10 Jun 2026 22:35:03 -0400

Lanhee Chen, Fellow at Stanford University's Hoover Institution, and Partner at Brunswick Group, discusses his outlook on the escalation between US and Iran, straining a ceasefire that was previously put in place. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

TDK US CEO on Plans to Acquire Fabric8Labs

admin — Wed, 10 Jun 2026 22:30:04 -0400

Jim Tran, CEO of TDK USA, discusses the company's plans to acquire US startup Fabric8Labs, as part of the firm's broader push into its data center business. He speaks exclusively with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Air India Crash Report to Miss One-Year Deadline With Engine Probe Pending

admin — Wed, 10 Jun 2026 20:45:03 -0400

Investigators will miss Friday’s one-year deadline to explain why an Air India Ltd. jetliner crashed right after takeoff because an examination of the Boeing Co. plane’s engines in the US still needs to be completed, according to people familiar with the matter.

Chanos Bearish on SpaceX Valuation Fueled by ‘Hopes and Dreams’

admin — Wed, 10 Jun 2026 19:00:05 -0400

Veteran short seller James Chanos said SpaceX’s blockbuster public debut is being driven more by investor enthusiasm for Elon Musk and artificial intelligence than by financial fundamentals, arguing the company’s valuation is difficult to justify on any reasonable business assumptions.

US Inflation Picks Up, Eroding Paychecks | The Close 6/10/2026

admin — Wed, 10 Jun 2026 18:45:05 -0400

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Goldman Sachs Apex Head of Americas Anushka Gupta, Retired Brigadier General Mark Kimmitt, Telsey Advisory Group CEO & Chief Research Officer Dana Telsey, Former Federal Reserve Governor Betsy Duke, North Growth Management CEO & Lead Portfolio Manager Erica Lau, RBC Capital Markets’ Rishi Jaluria, Cleo Capital Founder & Managing Director Sarah Kunst, Willkie Farr & Gallagher Co-Chair, Capital Markets Practice Edward Best, Global Citizen CEO Hugh Evans, & Robinhood VP & GM of Futures & International JB Mackenzie. (Source: Bloomberg)

Goldman’s Gupta: Very Constructive on Earnings Cycle

admin — Wed, 10 Jun 2026 18:10:03 -0400

Anushka Gupta, Head of Americas at Goldman Sachs Apex, to discuss the market developments on a Wednesday afternoon. The conversation centers around the recent decline in stock prices triggered by escalating tensions between the US and Iran. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Meta, X to Face Moratorium on Users Under 16 With New Canada Bill

admin — Wed, 10 Jun 2026 17:25:02 -0400

Canadian Prime Minister Mark Carney’s government has introduced legislation that would ban youth under the age of 16 from using social media platforms operated by firms such as Meta Platforms Inc. and X Corp. unless the companies meet a set of safety standards.

'Bloom Is Off the Rose' for Oracle, Cleo's Kunst Says

admin — Wed, 10 Jun 2026 17:15:04 -0400

Sarah Kunst, Cleo Capital founder and managing director, reacts to Oracle's fourth-quarter earnings. Speaking on "Bloomberg The Close," Kunst says she's not shocked investors aren't excited about Oracle right now. (Source: Bloomberg)

Japan’s Retail Investor Army Flocks to SpaceX After IPO Drought

admin — Wed, 10 Jun 2026 17:05:03 -0400

SpaceX is bringing excitement to corners of the world where investors have long been starved of marquee deals.

Xbox Plans Significant Layoffs as It Transforms Under New CEO

admin — Wed, 10 Jun 2026 17:00:03 -0400

Asha Sharma’s first major cuts will arrive in July

Oracle's Earnings 'Really Strong,' RBC's Jaluria Says

admin — Wed, 10 Jun 2026 16:55:03 -0400

Rishi Jaluria, RBC Capital Markets software equity research managing director, reacts to Oracle's fourth-quarter earnings. Speaking on "Bloomberg The Close," Jaluria says Oracle is a bit of a proxy for the AI infrastructure buildout trade. (Source: Bloomberg)

Factory Robot Startup Mujin Raising Funds Ahead of IPO by 2030

admin — Wed, 10 Jun 2026 16:40:05 -0400

Japanese robot software developer Mujin plans to go public by 2030, building up funds and momentum to capture fast-growing demand for factory-use AI.

Oracle Reports Higher-Than-Expected Data Center Spending

admin — Wed, 10 Jun 2026 16:25:03 -0400

Oracle Corp. reported quarterly capital expenditures that were higher than estimates, raising investor concerns about the profitability of the company’s AI infrastructure business.

CEO of North Growth Management Highlights Strong Earnings Growth Fueled by AI

admin — Wed, 10 Jun 2026 16:20:04 -0400

Erica Lau, CEO and Lead Portfolio Manager at North Growth Management, discussed recent corporate earnings and the impact of AI investment on market fundamentals. She noted that the latest quarter showed a remarkable 29% year-over-year earnings growth for S&P 500 companies, significantly surpassing expectations of 13%. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Corporate America Is Giving Up On Women

admin — Wed, 10 Jun 2026 16:10:20 -0400

If corporate America were the meritocracy that everybody claims to want, women would not remain so underrepresented in its most important role, says Bloomberg Opinion columnist Beth Kowitt. (Source: Bloomberg)

SpaceX Tells Investors It Has Lined Up Blue-Chip Credit Ratings

admin — Wed, 10 Jun 2026 16:05:03 -0400

Elon Musk’s SpaceX is telling investors it has lined up investment-grade ratings from three major bond graders, according to people with knowledge of the matter, which could help the company cut funding costs as it continues to raise financing after its initial public offering.

SpaceX IPO Whips Musk Fans Into Frenzy: ‘The More, the Better’

admin — Wed, 10 Jun 2026 15:35:03 -0400

Anna Watts, a 33-year-old public relations manager in New York, has stashed away $6,500 to buy SpaceX stock after it hits the market Friday. If she had her way, she’d buy even more. She tried to borrow $5,000 from her best friend and applied for a bank loan, too, but both turned her away.

Musk Stock Fans Say ‘The More, The Better’ in SpaceX IPO Frenzy

admin — Wed, 10 Jun 2026 14:50:04 -0400

Anthropic CEO Says Government Should Be Able to Block New Models

admin — Wed, 10 Jun 2026 14:45:04 -0400

Anthropic PBC Chief Executive Officer Dario Amodei said the government should have the power to block artificial intelligence developers from deploying new AI models if they present certain risks.

AI Data Firm DDN Eyeing a Fresh Funding Round by End of Year

admin — Wed, 10 Jun 2026 14:35:02 -0400

DDN, a data hardware and software provider that counts Nvidia Corp. as a partner and Alphabet Inc.’s Google and Salesforce Inc. as customers, is looking to raise additional funding by the end of the year, Chief Executive Officer Alex Bouzari said.

Apollo Wraps Up $35B Chip Deal for Anthropic

admin — Wed, 10 Jun 2026 14:10:05 -0400

Bloomberg's Emily Graffeo joins Matt Miller on "Bloomberg Deals." Apollo Global Management and Blackstone have finalized a $35 billion financing package for Anthropic to expand its AI infrastructure, marking the latest mega-deal in the AI race. (Source: Bloomberg)

New Tracker Traces AI’s Real-Time Impact on Work

admin — Wed, 10 Jun 2026 13:55:03 -0400

Nela Richardson, Chief Economist at ADP and a Bloomberg contributor, says employers need to decide whether AI is going to be a tool for automating roles away or augmenting tasks to create new value. She discusses the new Canaries Dashboard, launched by ADP and the Stanford Digital Economy Lab, to provide real-time indications of how AI is reshaping different occupations based on labor market data. Richardson joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

AI Is Not Safe Yet, Says UCLA Professor

admin — Wed, 10 Jun 2026 13:50:04 -0400

As AI giants Anthropic and OpenAI prepare for IPOs, the companies are stressing their efforts to ensure the tech is safe and beneficial for humanity. But Safiya Noble, a UCLA professor and director of the university’s Center on Resilience & Digital Justice, says current AI is not safe, and that stereotypes and biases are being built into training data. Noble joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech." (Source: Bloomberg)

SpaceX Has Proved 'Outlandish' Ideas Before: Baillie Gifford’s Singlehurst Says

admin — Wed, 10 Jun 2026 13:45:04 -0400

With enthusiasm for SpaceX’s IPO building, attention has turned to its orbital data center plans. Peter Singlehurst, head of private companies at Baillie Gifford, says making outlandish ideas work is something the Musk-run company has done multiple times before. Singlehurst speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

New AI Research Offers Warning as US Embraces Its Use in Warfare

admin — Wed, 10 Jun 2026 13:35:04 -0400

Findings serve as warning as Trump administration embraces AI in warfare

Creative Artists, TPG Back $250 Million Fund for YouTube Talent

admin — Wed, 10 Jun 2026 13:20:04 -0400

Creative Artists Agency, Hollywood’s biggest talent representative, is starting a new company to invest in YouTube stars and podcasters who want to be the next Oprah Winfrey or Reese Witherspoon.

America Might Finally Buy Chinese Cars

admin — Wed, 10 Jun 2026 13:15:03 -0400

Chinese automakers are finding new ways into the US market as car prices soar, explains Bloomberg Opinion columnist Juliana Liu. (Source: Bloomberg)

ASML to Cut Fewer Jobs Than Planned After Union Negotiations

admin — Wed, 10 Jun 2026 12:25:04 -0400

Chip-equipment maker ASML Holding NV will cut fewer jobs than planned, with redundancies not expected to take effect until May 1, following negotiations with Dutch trade unions.

Russia Restores Access to Roblox Gaming Platform, Interfax Says

admin — Wed, 10 Jun 2026 12:15:03 -0400

Russia restored access to Roblox Corp.’s gaming platform after concluding the company had complied with local legal requirements, according to Interfax.

Tether Backs German Robotics Startup Neura in $1.4 Billion Round

admin — Wed, 10 Jun 2026 12:10:05 -0400

German startup Neura Robotics has raised about $1.4 billion in a funding round backed by stablecoin issuer Tether Holdings SA to develop and ship its artificial intelligence-powered humanoid robot.

Apollo’s Zito Says Too Much AI Spending Is for ‘Low IQ’ Tasks

admin — Wed, 10 Jun 2026 11:45:02 -0400

Apollo Global Management’s John Zito said too many companies are deploying artificial intelligence tools for relatively mundane tasks that don’t justify the significant costs and computing power.

Signal’s Whittaker Threatens UK Exit Amid Phone-Screening Plan

admin — Wed, 10 Jun 2026 11:35:04 -0400

Meredith Whittaker, president of encrypted messaging company Signal, has once again threatened to pull the app from the UK over the government’s approach to tech regulation.

Anthropic CEO Doesn’t Know If Claude Used in Iran School Strike

admin — Wed, 10 Jun 2026 11:25:04 -0400

Anthropic PBC’s boss said he doesn’t know what role his artificial intelligence model played in a missile strike that killed an estimated 120 children at an elementary school in Iran, reflecting a broader knowledge gap for AI executives who are increasingly selling advanced AI tools to the US military.

Wall Street Braces for SpaceX IPO Friday

admin — Wed, 10 Jun 2026 11:15:04 -0400

Wall Street has spent months debating how much SpaceX is worth. Behind the scenes, a different challenge has occupied the institutions responsible for bringing it public: preparing the plumbing systems needed to support what could become the largest IPO in history. Bloomberg Technology Co-Host, Ed Ludlow, discusses the IPO and what to expect ahead of SpaceX’s Friday trading debut. (Source: Bloomberg)

Cracker Barrel Rises on Full Year Guidance; Chewy Up on Q1 Results | Stock Movers

admin — Wed, 10 Jun 2026 11:00:08 -0400

On this episode of Stock Movers with Alexis Christoforous: - Cracker Barrel (CRBL) is rising after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. Short interest is about 27% of float, according to S3 Partners data. - Chewy (CHWY) shares are up after the online retailer of pet food and pet-related products reported better-than-expected first quarter results. Management cut the full year net sales outlook, but maintained its adjusted Ebitda margin guidance. - FedEx Freight (FDXF) is sliding after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers and retail partners. (Source: Bloomberg)

Pimco's Wilding Doesn't Expect Fed to Move Inflation Target

admin — Wed, 10 Jun 2026 10:35:04 -0400

Pimco Economist Tiffany Wilding doesn't expect the Federal Reserve to move its inflation target of 2%. She also thinks the Fed will drop its forward guidance at the next meeting. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Roblox Wants Deluge of Child Sex Abuse Cases Moved Out of Court

admin — Wed, 10 Jun 2026 10:10:04 -0400

Myra’s daughter got a Roblox account when she was 8. For more than a decade, the immersive gaming platform had advertised itself as a safe place for kids to play, and during the pandemic, there weren’t many other options.

KKR’s Agrawal Says Market May Be Underestimating AI Power Needs

admin — Wed, 10 Jun 2026 09:30:03 -0400

AI’s furious pace of growth means power demands could be much higher than people realize, according to KKR & Co.’s Raj Agrawal.

Trump Media, TAE No Longer Pursuing Truth Social Spinoff

admin — Wed, 10 Jun 2026 09:25:03 -0400

Trump Media & Technology Group, TAE Technologies Inc. and Texas Ventures Acquisition III have decided not to continue pursuing a spinoff of some media assets, including Truth Social.

Microsoft Has an Answer to Anti-AI Boos From the Class of 2026

admin — Wed, 10 Jun 2026 09:15:02 -0400

In recent weeks, the Class of 2026 has made its displeasure with AI abundantly clear, loudly booing speakers touting the technology during commencement speeches.

SpaceX IPO Said to Be Significantly Oversubscribed

admin — Wed, 10 Jun 2026 09:05:03 -0400

SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter. Banks are expected to stop taking orders from institutional investors at the market close on Wednesday. The IPO is set to price June 11 and trade the following day. Bloomberg's Ed Ludlow reports. (Source: Bloomberg)

KKR’s McVey Says Fed’s Warsh to ‘Do No Harm’ at June Meeting

admin — Wed, 10 Jun 2026 08:50:08 -0400

Henry McVey, balance sheet CIO and head of global asset and macro allocation at KKR, discusses his expectations for the upcoming Federal Reserve decision and offers insight into the firm’s midyear outlook. (Source: Bloomberg)

SpaceX IPO Draws Billions in Orders From Middle Eastern Funds

admin — Wed, 10 Jun 2026 08:30:05 -0400

Gulf wealth funds have put in orders for shares worth several billions of dollars in SpaceX’s initial public offering, according to people familiar with the matter, the latest indication of the region’s ambitions to continue playing a lead role in bankrolling the global artificial intelligence buildout.

Anthropic CEO Dario Amodei Has Only One Direct Report

admin — Wed, 10 Jun 2026 08:25:04 -0400

One of the most powerful AI chief executives has almost no direct reports at a moment when other tech leaders are widening their spans of control.

Amazon’s Trucking Push Sparks Fresh Selloff in Transport Stocks

admin — Wed, 10 Jun 2026 08:15:03 -0400

Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.

Inside Anthropic, the $965 Billion AI Titan

admin — Wed, 10 Jun 2026 08:05:03 -0400

Emily Chang meets Anthropic co-founders Dario and Daniela Amodei for a rare, in-depth discussion of the startup's origin story, its battles with the Pentagon and how the company says it intends to put safety first in the high-stakes AI race. (Source: Bloomberg)

TSMC’s Monthly Sales Climb 30% on Sustained AI Chip Demand

admin — Wed, 10 Jun 2026 08:00:05 -0400

Taiwan Semiconductor Manufacturing Co. reported monthly sales rose 30%, reflecting continued strength in global demand spurred by a rush to build AI infrastructure. Neil Campling reports on Bloomberg Television. (Source: Bloomberg)

India Puts Starlink Launch on Hold

admin — Wed, 10 Jun 2026 07:30:04 -0400

India has effectively frozen approvals for Starlink, according to people familiar with the matter. Officials are concerned about the use of satellite terminals in the Iran war, creating a new hurdle for Elon Musk's internet service in a key growth market. (Source: Bloomberg)

Orlando Bravo on Software, ‘Pretty Stuck’ PE, Mega IPOs

admin — Wed, 10 Jun 2026 07:25:03 -0400

Orlando Bravo, co-founder and managing partner at Thoma Bravo, says the “SaaSpocalyse” is finished as he discusses slower deal activity in private equity and sees smaller firms struggling for attention amid mega IPOs. He speaks with Dani Burger at the SuperReturn conference in Berlin. (Source: Bloomberg)

AI Firms’ Explosive Growth Improves the Math for Late-Stage Investors

admin — Wed, 10 Jun 2026 07:05:04 -0400

Later investments are producing much higher returns than in the past

All the Ways Wall Street Gets Paid to Fund AI Boom

admin — Wed, 10 Jun 2026 06:35:07 -0400

Enormous valuations are rewriting the IPO playbook.

BNP Sees US Mega IPOs Fueling Appetite for Tech Deals in Europe

admin — Wed, 10 Jun 2026 06:20:04 -0400

Mega IPOs by some of the largest privately held tech companies are likely to fuel appetite for stock sales in Europe’s tech industry as well, according to a top BNP Paribas SA investment banker.

Baidu CFO Tells 'Odd Lots' About How OpenClaw Founder Sought to Collaborate

admin — Wed, 10 Jun 2026 05:25:03 -0400

Baidu CFO Henry He is asked about Dario Amodei's past work at the Chinese company and instead reveals how OpenClaw's creator "asked Baidu to work with him" to beef up search skills for the popular AI personal assistant. He spoke to Bloomberg's Joe Weisenthal and Tracy Alloway in a live taping of the Odd Lots podcast at Bloomberg Invest Hong Kong. (Source: Bloomberg)

SVP’s Khosla Sees a ‘Lot of Canaries in the Coal Mine’ (Video)

admin — Wed, 10 Jun 2026 05:20:04 -0400

Cambridge Aerospace in Talks to Raise at $3.5 Billion Valuation

admin — Wed, 10 Jun 2026 05:10:04 -0400

Cambridge Aerospace, a British defense technology startup developing interceptor systems to protect against drones and cruise missiles, is in discussions to raise approximately $300 million at a valuation of around $3.5 billion, according to people familiar with the matter.

Ant International Considers Raising $1 Billion to Boost Growth

admin — Wed, 10 Jun 2026 04:15:03 -0400

Ant Group Co.’s international business is considering raising about $1 billion to accelerate growth, according to people familiar with the situation.

Morgan Stanley 'Doubling Down' on European AI Trade

admin — Wed, 10 Jun 2026 04:05:03 -0400

Morgan Stanley Chief European Equity Strategist Marina Zavolock discusses the artificial intelligence trade and why she has a strong personal conviction on Europe. "The fundamentals are just outstanding, and they're just going higher," she tells Bloomberg Television. (Source: Bloomberg)

Morgan Stanley 'Doubling Down' on European AI Trade (Video)

admin — Wed, 10 Jun 2026 04:00:03 -0400

Horizons Middle East & Africa 6/10/2026 (Video)

admin — Wed, 10 Jun 2026 03:50:04 -0400

Logitech Debuts $80 Travel Mouse With Unique Folding Design

admin — Wed, 10 Jun 2026 03:05:03 -0400

Computer accessory maker Logitech International SA announced a sleek wireless travel mouse aimed at professionals and Gen Z, with a unique folding design meant to fit in a pocket.

Paramount’s Middle Eastern Billions in Warner Bid Gets EU Review

admin — Wed, 10 Jun 2026 03:00:05 -0400

Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. is being reviewed under the European Union’s foreign subsidy regime, who will probe some $24 billion in Middle Eastern funds helping to bankroll the takeover.

ASML’s Surge Masks Lowball Valuation Relative to Peers

admin — Wed, 10 Jun 2026 02:15:03 -0400

ASML's ascent to fresh record highs has been a highlight for European markets, yet it’s done little to improve what is the semiconductor firm's cheapest relative valuation in years. Its forward price-to-earnings ratio relative to major peers is at the lowest in more than a decade. Bloomberg's Dasha Afanasieva reports from Amsterdam. (Source: Bloomberg)

Expect Strong Second Half of Year for Private Equity: Carlyle's Steve Wise

admin — Wed, 10 Jun 2026 02:05:03 -0400

Carlyle's Co-Head of American Private Equity, Steve Wise, says activity is starting to pick up in private markets, with credit markets in good shape and a good backdrop for M&A. In an interview on "The Pulse with Francine Lacqua" on June 9, Wise also discussed the strength of the US economy and why Carlyle is investing in the defense and industrial industries. (Source: Bloomberg)

Google's Backstops Underpin $35 Billion Anthropic Chip Deal

admin — Wed, 10 Jun 2026 02:00:06 -0400

Anthropic is leasing powerful computer chips at five data centers with help from Google, one of the artificial intelligence firm's earliest investors. Google has agreed to backstop lease payments at each location, helping Anthropic obtain what amounts to a $35 billion loan. Bloomberg's Neil Campling explains. (Source: Bloomberg)

Einride Joins US-Listed Driverless Trucking Rivals on Nasdaq

admin — Wed, 10 Jun 2026 00:25:03 -0400

Swedish driverless truck group Einride AB will make its trading debut in New York on Wednesday with hopes of benefiting from the investor buzz generated by SpaceX’s initial public offering later in the week.

Meta Partners With Reliance on Its First AI Data Center in India

admin — Wed, 10 Jun 2026 00:00:06 -0400

Meta Platforms Inc. is partnering with Reliance Industries Ltd. to build its first AI data center in India, adding to a wave of investment in tech infrastructure globally.

Fmr. Australian Ambo to US on Geopolitics

admin — Tue, 09 Jun 2026 22:10:04 -0400

Dennis Richardson, former Australian Ambassador to the US, discusses the future for Australia–US relations at a time of heightened geopolitical tensions and fragile global alliances amid trade strains. He speaks exclusively with Haidi Stroud Watts at the Morgan Stanley Australia summit in Sydney on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Nintendo Shares Slide After 2026 Game Showcase Disappoints

admin — Tue, 09 Jun 2026 20:50:05 -0400

Nintendo Co.’s shares fell by the most in a month after the game maker’s presentation of upcoming games came up short on brand-new titles from heavyweight franchises such as Mario.

Singapore Court Moves to Seize Capital A’s Assets in Dispute

admin — Tue, 09 Jun 2026 20:20:03 -0400

A Singapore court has moved to seize stakes in fintech firm Big Pay and logistics unit Teleport held by Capital A Bhd.’s Move Digital Sdn. to enforce an arbitration award stemming from a shareholder dispute.

ASML’s Surge to Record High Masks Lowball Valuation Versus Peers

admin — Tue, 09 Jun 2026 19:15:03 -0400

ASML Holding NV’s ascent to fresh record highs has been a highlight for European markets, yet it’s done little to improve what is the stock’s cheapest relative valuation in years.

Leonardo’s New CEO Sees Green Light for Space Venture Next Year

admin — Tue, 09 Jun 2026 18:45:03 -0400

Leonardo SpA’s new chief executive officer expects European regulatory approval for its satellite venture with Airbus SE and Thales SA by the end of next year, clearing the way for one of Europe’s most ambitious defense and space projects.

Lumentum CEO: See Huge Opportunity for Optics Industry

admin — Tue, 09 Jun 2026 18:00:05 -0400

Michael Hurlston, CEO of Lumentum, discussed the critical role of indium phosphide in optical chips, particularly lasers, which are essential for the AI revolution. He explained that the increasing speeds and bandwidth requirements in data centers are driving a shift toward optical connectivity using fiber optics, as light offers unmatched transmission speed. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

IBM CEO: AI Won’t Necessarily Lead To Smaller Headcount

admin — Tue, 09 Jun 2026 17:55:03 -0400

IBM CEO Arvind Krishna discusses IBM's significant $10 billion investment in quantum computing, a faster form of AI. Krishna also noted a $1 billion federal government commitment to build a chip fabrication facility in Albany, New York, illustrating a strong collaboration between public and private sectors. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Super Micro Plans to Raise $7 Billion in Equity for AI Equipment

admin — Tue, 09 Jun 2026 17:35:03 -0400

Super Micro Computer Inc. plans to raise $7 billion through a package of equity offerings to purchase the components needed to fulfill customers’ orders for the company’s artificial intelligence servers.

FIS President & CEO: We’re All Part of an Integrated Ecosystem

admin — Tue, 09 Jun 2026 16:40:04 -0400

FIS President & CEO Stephanie Ferris discusses the database of information that her company can make available to financial institutions to give customers hyper-specific experiences. She discusses the AI technology that her company uses, and the security measures in place to make sure that sensitive data is protected. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)

Bloomberg Crypto 6/9/2026

admin — Tue, 09 Jun 2026 16:35:04 -0400

"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Delta Blockchain Fund Founder and Managing Director Kavita Gupta, DTCC Digital Assets Managing Director & Global Head Nadine Chakar, MoneyGram CEO Anthony Soohoo, and Securitize CEO Carlos Domingo. (Source: Bloomberg)

Mizuho Head of Investment: AI Is Imacting Every Sector in the Global Economy

admin — Tue, 09 Jun 2026 15:40:05 -0400

Mizuho Americas Head of Investment & Corporate Banking Michal Katz discusses the future of artificial intelligence at the Mizuho Technology Conference. She discusses how the adoption of AI can change the landscape of businesses, but also the economies of countries around the world. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)

AI Use in Health Care 'Barely Scratching the Surface' Says Philips' Jeff DiLullo

admin — Tue, 09 Jun 2026 15:30:05 -0400

Jeff DiLullo, CEO of Phillips North America, said that while a new report shows AI use by health care clinicians is ramping up, the industry has 'barely scratched the surface' of what new technology can achieve. DiLullo said that AI can improve both the quality of work and quality of life of doctors as it narrows down areas of focus and reduces burnout. (Source: Bloomberg)

FIFA, Kraken Share Permissionless Philosophy: Sethi

admin — Tue, 09 Jun 2026 15:00:06 -0400

Arjun Sethi, Co-CEO of Kraken, joins Tim Stenovec on "Bloomberg Crypto." They discuss Kraken's potential IPO, layoffs, and their partnership with FIFA for the upcoming World Cup (Source: Bloomberg)

IPO Positions us for Acquisitions: Securitize CEO

admin — Tue, 09 Jun 2026 14:40:04 -0400

Carlos Domingo, CEO of Securitize, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss why he believes it's a good time for Securitize to go public, including raising the profile of tokenization and raising capital for acquisitions. (Source: Bloomberg)

Robots Are Critical to US Manufacturing, Says Standard Bots CEO

admin — Tue, 09 Jun 2026 14:30:05 -0400

Standard Bots has raised $200 million in a new round of funding to ramp up manufacturing of robotic arms in the US as the country vies to keep pace with China in building more advanced robots. Standard Bots co-founder and CEO, Evan Beard joins Caroline Hyde to discuss on "Bloomberg Tech." (Source: Bloomberg)

OpenAI Joins Race for Public Market Cash

admin — Tue, 09 Jun 2026 14:20:04 -0400

OpenAI has joined AI rivals with plans for a public listing later this year after the ChatGPT maker confidentially filed its S-1. This comes as the AI IPO pipeline has now reached some $3.6 trillion. However, according to PitchBook research, OpenAI may end up being the most expensive bet. Harrison Rolfes, senior analyst for PitchBook's private company coverage, joins Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)

Bitcoin Treasuries Shed $62B in Deepening Crypto Rout

admin — Tue, 09 Jun 2026 14:15:03 -0400

Bloomberg's Monique Mulima joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." Bitcoin’s slide this week is adding fresh pressure to one of the most ambitious financial experiments to emerge from the recent crypto boom: publicly traded companies created to accumulate digital assets on behalf of investors. (Source: Bloomberg)

IBM CEO Krishna on Quantum Advantage, Profit Strategy

admin — Tue, 09 Jun 2026 14:00:34 -0400

IBM CEO Arvind Krishna says he's excited about the potential uses for quantum computing. Speaking with Romaine Bostick at the Mizuho Technology Conference in New York, Krishna also comments on the Trump administration's investment in the company, the utilization of AI and IBM's profit strategy. (Source: Bloomberg)

US Leads AI Innovation with Vertical Integration Amid Supply Chain Concerns

admin — Tue, 09 Jun 2026 13:50:05 -0400

Lei Qiu, head of thematic equities at Allianz Bernstein, discusses the evolving landscape of AI investment and innovation, emphasizing the United States' competitive edge in AI technology and infrastructure. Despite geopolitical tensions, particularly between the US and China, the US maintains a strong position due to its leading tech companies' strategic investments and rapid innovation in AI architecture. (Source: Bloomberg)

Firefly CEO Sees Moon Mission Boom

admin — Tue, 09 Jun 2026 13:25:03 -0400

Firefly Aerospace CEO Jason Kim joins Bloomberg Open Interest to talk about why the space economy is entering a major growth phase, powered by NASA’s moon-base ambitions, rising national security demand, and the need for reliable rocket access. He says Firefly’s edge is its full-stack approach: launch vehicles, lunar landers, orbiters, satellites, and AI software. (Source: Bloomberg)

Anthropic Releases Mythos-Like Model Without Cyber Capabilities

admin — Tue, 09 Jun 2026 13:05:03 -0400

Anthropic PBC is widely releasing a version of Mythos that will be blocked from carrying out cybersecurity tasks, months after warning that the powerful artificial intelligence model could spot and exploit vulnerabilities in critical software.

Apollo, Blackstone Fund AI Boom

admin — Tue, 09 Jun 2026 13:00:06 -0400

Apollo and Blackstone are teaming up on a massive $35 billion AI financing deal that could reshape how artificial intelligence infrastructure gets funded. Bloomberg’s Emily Graffeo joins Bloomberg Open Interest to explain why Wall Street is creating new financing models for expensive AI chips, how Anthropic and Broadcom fit into the deal, and why this could be the beginning of an entirely new AI investment category. (Source: Bloomberg)

Apple WWDC 2026 Recap: What’s Coming to iPhone, Mac and Other Devices

admin — Tue, 09 Jun 2026 12:45:03 -0400

Apple Inc. unveiled a new artificial intelligence strategy on Monday at its annual Worldwide Developers Conference, aiming to provide practical improvements and features that the company believes everyday consumers will actually use.

OpenAI Confidentially Files for IPO as Tech Rivals Compete for Cash

admin — Tue, 09 Jun 2026 12:00:06 -0400

OpenAI filed confidentially for an IPO, as the race heads to Wall Street. Tom Mackenzie breaks down why 2026 is turning into the year of megacap tech listings. (Source: Bloomberg)

Asia’s Largest Outsourcer to Slow Hiring as AI Reshapes Industry

admin — Tue, 09 Jun 2026 11:45:03 -0400

Tata Consultancy Services Ltd., Asia’s largest outsourcer, will reduce hiring going ahead as it steps up the use of artificial intelligence agents, marking a pivotal shift in India’s labor-intensive outsourcing industry.

SpaceX IPO Draws Orders for Multiple Times the Shares Available

admin — Tue, 09 Jun 2026 11:35:03 -0400

SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.

No Chips Can Be Designed Without Synopsys, CEO Says

admin — Tue, 09 Jun 2026 11:10:05 -0400

Sassine Ghazi, Synopsys chief executive officer, talks about the growth of artificial intelligence, how it's integrated Ansys, an engineering software company it bought last year, and he says there are no chips that can be designed today without Synopsys. He speaks to Bloomberg's Romaine Bostick at the Mizuho Technology Conference in New York. (Source: Bloomberg)

Crusoe Touts 5 Gigawatts of Data Centers, Pauses Wyoming Site

admin — Tue, 09 Jun 2026 10:55:03 -0400

Crusoe, a developer of data centers for companies like OpenAI and Microsoft Corp., said it has contracts for almost 5 gigawatts of capacity, even though it has paused work on a significant project in Wyoming.

Crusoe Touts 5 Gigawatts’ Worth of Data Centers Deals, Pauses Wyoming Site

admin — Tue, 09 Jun 2026 10:45:03 -0400

Oura Ring 5 is 40% Smaller and Has New Health Features

admin — Tue, 09 Jun 2026 09:55:03 -0400

Oura Ring 5 is here, 40% smaller — closer to the size of a wedding band — and has some brand new health features. Mark Gurman explores how the Oura Ring has evolved, generation by generation (Source: Bloomberg)

Europe’s Space Race Gains Pace With Iceye’s Jump to €10 Billion Valuation

admin — Tue, 09 Jun 2026 08:50:04 -0400

Finnish satellite-intelligence company is one in an ecosystem of space-based industries that’s emerging in Europe

Clip Partners With Ant on Consumer Payments Wallet in Mexico

admin — Tue, 09 Jun 2026 08:10:03 -0400

Mexican payments company Clip is launching a digital wallet as it pushes to bring millions of consumers and small businesses into the country’s formal financial system.

Klarna Launches US Savings Accounts to Attract Everyday Users

admin — Tue, 09 Jun 2026 07:40:04 -0400

Klarna Group Plc is launching savings accounts in the US as the digital lender looks to deepen its core banking business and attract more everyday users.

Ad Agencies Are a Buying Opportunity in AI Era, Berenberg Says

admin — Tue, 09 Jun 2026 07:30:08 -0400

Investor jitters about the potential disruption caused by artificial-intelligence adoption has created a broad-based buying opportunity for the shares of European advertising agencies, according to Berenberg analysts.

Japan Inc.’s Shake-Up Sparks Flashbacks to Dot.com Boom and Bust

admin — Tue, 09 Jun 2026 07:05:02 -0400

The rise to the top by AI-related companies has parallels to an earlier bubble

AI Rivals Race to Market, Intesa Exclusive | The Pulse 6/9/2026

admin — Tue, 09 Jun 2026 07:00:04 -0400

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Carlo Messina, Intesa Sanpaolo CEO; Angel Ubide, Citadel Head of Economic Research for Global Fixed Income & Macro; Steve Wise, Carlyle Co-Head of Americas Corporate Private Equity; Lawrence Freedman, King's College London War Studies Emeritus Professor (Source: Bloomberg)

China Preps $295 Billion Plan to Fund AI Buildout

admin — Tue, 09 Jun 2026 06:50:04 -0400

China is planning to spend around 2 trillion yuan ($295 billion) over the next five years to build data centers across the country. Neil Campling reports on Bloomberg Television. (Source: Bloomberg)

Robots May Help Defuse US-China Tensions

admin — Tue, 09 Jun 2026 06:35:03 -0400

The two countries have vital tech for the coming wave of robots

Taiwan Mulls Curbs on AI Chip Exports to China to Align With US

admin — Tue, 09 Jun 2026 06:25:02 -0400

Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing.

AI Earnings Durability Is in Focus for BlackRock’s Wei Li

admin — Tue, 09 Jun 2026 06:10:04 -0400

Wei Li, chief global investment strategist at BlackRock, says there is a “healthy debate to be had” about the durability of Artificial Intelligence earnings and sees the AI trade as a “space to be selective and active.” (Source: Bloomberg)

Anthropic Calls Mythos Dangerous. Why Is It Expanding Access?

admin — Tue, 09 Jun 2026 05:35:03 -0400

Anthropic PBC has said its new artificial intelligence tool, Mythos, is so good at finding vulnerabilities in software and computer systems that it can’t be released to the general public. The AI giant initially released Mythos to a small group of carefully chosen parties because if a tool this powerful fell into the wrong hands, Anthropic says, it could help attackers more easily steal data or disrupt critical infrastructure.

Uber-Backed Wayve Eyes Stake Sale on the UK’s New Private Market

admin — Tue, 09 Jun 2026 05:25:02 -0400

Wayve Technologies Ltd., the UK-based autonomous driving software startup, is considering letting investors sell shares through the country’s new private securities market, according to people familiar with the matter, in what would be the first major endorsement of the novel system.

Iconiq-Backed IT Startup NinjaOne Hits $12.3 Billion Valuation

admin — Tue, 09 Jun 2026 05:05:08 -0400

NinjaOne, an IT management platform, has more than doubled its valuation to $12.3 billion in a new financing deal, bucking the trend of investors shying away from software-as-a-service companies over AI fears. The startup is set to announce Tuesday that it’s raised $400 million in a secondary share sale. Wellington Management, Iconiq Capital, Alphabet Inc.’s CapitalG and Sequoia Capital participated in the deal, which saw some early investors and longtime employees sell equity. NinjaOne was prev

SpaceX, Anthropic, OpenAI Can Rewrite History for Megacap IPOs

admin — Tue, 09 Jun 2026 04:50:05 -0400

The history of megacap initial public offerings shows that the stocks usually slump in the first year of trading. But upcoming listings from SpaceX, Anthropic and OpenAI are big enough and systemically important enough to the market that those analogies may not apply.

China Prepares $295 Billion Plan to Fund Nationwide AI Buildout

admin — Tue, 09 Jun 2026 04:25:04 -0400

China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.

Apple Expands Child Safety Tools as Social Media Bans Grow

admin — Tue, 09 Jun 2026 04:15:04 -0400

Apple Inc. is expanding tools for parents to protect children online, a move that comes as governments around the world increasingly ban social media for young people.

Iceye Valuation Jumps to €10 Billion in Funding Round Led by General Atlantic

admin — Tue, 09 Jun 2026 02:55:03 -0400

Iceye Oy quadrupled its valuation to more than €10 billion ($11.5 billion) in a General Atlantic-led funding round that will help the Finnish satellite-intelligence company expand to meet demand for sovereign technology systems.

Why Jensen Huang Talking up Suppliers Is Worrying

admin — Tue, 09 Jun 2026 02:25:03 -0400

Nvidia CEO Jensen Huang's investment advice involving the company's suppliers is dangerously rosy, Bloomberg Opinion columnist Shuli Ren says. Ren argues that concrete guidance, not outsized optimism, is what's needed from Huang and other tech titans. (Source: Bloomberg)

Stocks Extend Rebound; BofA Warns of 'Bear Market Signposts'

admin — Tue, 09 Jun 2026 02:10:04 -0400

A rebound in equities that began on Wall Street extended into Asia, as cheaper valuations for artificial intelligence shares lured investors. Meanwhile, Bank of America Securities strategists led by Savita Subramanian warned that an increasing number of “bear market signposts” point to an approaching top. Bloomberg's David Savage reports. (Source: Bloomberg)

MSIA: Malaysia 2026 Semiconductor Exports Can Hit $197B

admin — Tue, 09 Jun 2026 00:35:04 -0400

Malaysia Semiconductor Industry Association President Wong Siew Hai believes the country's semiconductor exports can hit about $200 billion this year. He speaks with Haslinda Amin from the sidelines of 'Invest Malaysia' in Kuala Lumpur. (Source: Bloomberg)

Maybank Handles $4.9B Deals For Singapore, Malaysia Hub

admin — Tue, 09 Jun 2026 00:05:03 -0400

Khairussaleh Ramli, President and Group CEO at Maybank, says the Johor-Singapore special economic zone will drive further expansion, with Malaysia’s biggest lender having facilitated about $4.9 billion in financing and investments in the area in the past couple of years. He speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the Invest Malaysia conference in Kuala Lumpur. (Source: Bloomberg)

Bursa Malaysia Taps AI Demand for Growth

admin — Mon, 08 Jun 2026 23:45:03 -0400

Bursa Malaysia CEO Fad’l Mohamed says the AI buildout has supported the growth of the stock exchange. He speaks with Bloomberg's Haslinda Amin from the sidelines of the Invest Malaysia conference in Kuala Lumpur. (Source: Bloomberg)

Apple’s iOS 27 Is Filled With Hints About Its Upcoming Foldable iPhone

admin — Mon, 08 Jun 2026 22:30:04 -0400

Apple Inc.’s iOS 27 and related software updates offer the clearest public signs yet of the company’s upcoming foldable iPhone, revealing references to folding hardware and new features designed for larger, more flexible displays.

Musk’s xAI Taps Starlink Staffer to Run Grok Training Team

admin — Mon, 08 Jun 2026 22:15:03 -0400

Elon Musk’s xAI has brought over an executive from SpaceX’s Starlink satellite-internet service to run the team that trains its Grok chatbot, replacing college-aged engineer Diego Pasini, according to an internal note seen by Bloomberg News.

Fujikura Is Raising Prices on Data Center Cables to Beat Outlook

admin — Mon, 08 Jun 2026 22:05:04 -0400

Fujikura Ltd. is on a track to beat its outlook thanks to sustained demand for fiber-optic cables essential for AI data centers and a plan to raise prices, according to its top executive.

Sri Lanka Emerging as a New Base for Asia’s Scam Networks

admin — Mon, 08 Jun 2026 19:20:04 -0400

The crackdown on scam compounds in Cambodia is leading some gangs to relocate to beach resorts and office buildings in Sri Lanka, in what may be the next phase of one of the world’s fastest-growing criminal industries.

Wall Street Claws Back Friday’s Losses | The Close 6/8/2026

admin — Mon, 08 Jun 2026 19:10:03 -0400

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Seaport Research Partners Chief Equity Strategist Jonathan Golub, FuelCell Energy President & CEO Jason Few, Morgan Stanley Research Senior Analyst, Healthcare Services Erin Wright, Siri Co-Founder & Former CEO Dag Kittlaus, Ingredion CEO James Zallie, Pictet Research Institute Head Maria Vassalou, Research Affiliates Chief Investment Officer Jim Masturzo, Wellington Late-Stage Growth Heat Matthew Witheiler, NYNJ Host Committee for the FIFA 2026 World Cup Chief Executive Officer Alex Lasry, & Former CEO of Modell’s Sporting Goods Mitch Modell. (Source: Bloomberg)

OpenAI Files Confidentially for IPO

admin — Mon, 08 Jun 2026 17:50:04 -0400

OpenAI filed confidentially for an IPO with the SEC, working with Goldman Sachs Group and Morgan Stanley on a potential listing. Romaine Bostick reports on "Balance of Power." (Source: Bloomberg)

OpenAI Filed Confidentially for IPO as Rivals Race to Market

admin — Mon, 08 Jun 2026 17:25:03 -0400

OpenAI filed confidentially for an IPO, as the ChatGPT maker looks to join artificial intelligence rivals tapping public markets to fund ambitious growth plans.

SpaceX IPO Forces Investors to Bet on Musk’s Entangled AI Empire

admin — Mon, 08 Jun 2026 17:05:04 -0400

The boundaries between Elon Musk’s companies are growing increasingly blurred through shared capital, talent and infrastructure. Investors must decide what that ecosystem is worth.

Tech Earnings Are on Fire, Golub Says

admin — Mon, 08 Jun 2026 16:45:03 -0400

Jonathan Golub of Seaport Global Holdings says "earnings are absolutely on fire," and valuations are lower almost everywhere. He speaks on "Bloomberg The Close." (Source: Bloomberg)

Key Takeaways From Apple's WWDC 2026 Event

admin — Mon, 08 Jun 2026 16:30:04 -0400

Apple unveiled its new intelligence system — underpinned by Google technology — during a keynote presentation at the company’s Worldwide Developers Conference. Ed Ludlow breaks down what you need to know. (Source: Bloomberg)

Apple Downplays Concerns That Its Use of Google AI Models Will Undermine Privacy

admin — Mon, 08 Jun 2026 16:25:03 -0400

Apple Inc., which just unveiled a revamped artificial intelligence platform built in part with Google technology, said the new approach will still preserve the company’s privacy safeguards.

NZ Commits to First LNG Import Plant Despite Gas Price Surge

admin — Mon, 08 Jun 2026 16:20:04 -0400

The New Zealand government will take the next step to build the country’s first liquefied natural gas import facility, sticking with its plan to bolster energy security despite the surge in global gas prices due to the Iran war.

Siri Co-Founder Calls Apple's Update a 'Great First Step'

admin — Mon, 08 Jun 2026 16:15:03 -0400

Dag Kittlaus, co-founder of Siri, reacts to Apple's AI ambitions. The new Apple Intelligence system was unveiled during a keynote presentation at the company’s Worldwide Developers Conference. He speaks on "Bloomberg The Close." (Source: Bloomberg)

US Removes Amazon Satellite Launch Deadline Amid Rocket Shortage

admin — Mon, 08 Jun 2026 16:05:03 -0400

Amazon.com Inc. was relieved of a government deadline to have half of its planned satellite constellation up and running by next month, delaying the risk that regulators might suddenly curb the broadband internet operation.

'No Momentum in Labor Market' Says LinkedIn's Kory Kantenga

admin — Mon, 08 Jun 2026 15:55:02 -0400

Kory Kantenga, head of economics, Americas at LinkedIn, said that the labor market has 'no momentum,' but maintains that it is too early to tell if it is the impact of artificial intelligence. Kantenga said that recent college grads are feeling the impact as companies reduce entry level opportunities. (Source: Bloomberg)

Apple Investors Tepid About New AI Platform

admin — Mon, 08 Jun 2026 15:50:06 -0400

Apple investors gave a tepid reception to the next generation of its AI platform. The new Apple Intelligence system, underpinned by Google technology, was unveiled during a keynote presentation at the company’s Worldwide Developers Conference. Ed Ludlow reports on "Bloomberg The Close." (Source: Bloomberg)

Here Are the Key Takeaways From Apple WWDC

admin — Mon, 08 Jun 2026 15:00:05 -0400

Here are the biggest takeaways from Apple Inc.’s annual developers conference keynote:

German Police Investigate Arson Attack at Power Substation

admin — Mon, 08 Jun 2026 14:40:05 -0400

German police and state prosecutors are investigating a suspected arson attack on a substation in southern Germany that affected a hospital and tens of thousands of homes and businesses on Monday.

What Apple's 2025 iPhone App of the Year Founders Want From Siri

admin — Mon, 08 Jun 2026 14:20:04 -0400

As Apple kicks off WWDC in Cupertino, the spotlight is turning to inclusive design. Melissa Azari and Helene Nørlem are the co-founders of Denmark-based Tiimo, a visual planning app that was crowned Apple's iPhone App of the Year. They join Ed Ludlow on "Bloomberg Tech" from Cupertino, California. (Source: Bloomberg)

Early Stage Investing in the Age of Huge Pre-IPO Rounds

admin — Mon, 08 Jun 2026 14:15:03 -0400

Kindred Ventures has raised $355 million for its latest deep tech and robotics funds, fresh capital which comes as the firm's previous vintage hits the top 1% of its class. Kindred Ventures Managing Partner and founder Steve Jang, joins Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)

Expectations From Apple’s Big AI, Siri Launch

admin — Mon, 08 Jun 2026 14:10:03 -0400

Carolina Milanesi, Creative Strategies president and principal analyst, joins Ed Ludlow in Cupertino, California to discuss what happens next after Apple rolls out an overhauled version of the Siri digital assistant, and the importance of having the AI embedded into the consumer's devices. She joins on "Bloomberg Tech." (Source: Bloomberg)

Apple Debuts Next-Generation AI Platform, Including New Siri

admin — Mon, 08 Jun 2026 14:05:04 -0400

Apple Inc. unveiled the next generation of its artificial intelligence platform, including an update to its Siri digital assistant, part of a bid to catch up with Silicon Valley peers in a critical market.

Apple Unveils Next Generation of AI Platform, Including New Siri

admin — Mon, 08 Jun 2026 13:55:03 -0400

SpaceX IPO Is Said to Be Well Oversubscribed, Orders Close Wednesday

admin — Mon, 08 Jun 2026 12:05:02 -0400

SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut.

Chicago’s Clout Takes Another Hit as Bears Plan Move to Indiana

admin — Mon, 08 Jun 2026 11:30:04 -0400

Ken Griffin and his Citadel financial empire left Chicago for Florida in 2022. Boeing Co. said it would relocate its headquarters to Virginia around the same time. Now the Chicago Bears, the city’s iconic football team, say they’re moving across the state line to Indiana.

Apple’s Revamped AI Smashes Against Down Market

admin — Mon, 08 Jun 2026 11:20:04 -0400

Expectations are running high for Apple’s Worldwide Developers Conference, where the company is expected later Monday to unveil the biggest overhaul of Siri in years, including a chatbot-style interface and deeper integration across the iPhone, iPad and Mac. Bloomberg Tech co-Host Ed Ludlow discusses his expectations for the conference and how developments in Siri could impact the rest of the AI space. He also addresses investor expectations for the upcoming SpaceX IPO. (Source: Bloomberg)

When Should Your Kid Get a Smartphone? Scientists Have an Answer

admin — Mon, 08 Jun 2026 11:15:02 -0400

Thirteen. At the earliest.

Brain Implants Are Unlocking a New Human-Machine Reality

admin — Mon, 08 Jun 2026 11:05:03 -0400

The brain has emerged as a new frontier in medical technology. Bloomberg Primer explores where the next neurotechnology advances will lead.

Redemption Angst Spills Into Private Equity

admin — Mon, 08 Jun 2026 10:50:04 -0400

Blackstone is looking to sell more than $2 billion of its stakes in private investment funds by bundling the exposure into bonds for investors. Sridhar Natarajan discusses the angst spilling into private equity on "Bloomberg Open Interest." (Source: Bloomberg)

Susquehanna’s Head of Prediction Markets on Market-Making

admin — Mon, 08 Jun 2026 10:45:03 -0400

On this episode of the Odd Lots podcast, Jeremy Maletz, Susquehanna's head of macro trading and prediction markets, joins Joe Weisenthal and Tracy Alloway to talk about his firm's partnership with Kalshi and how Susquehanna bridges the gap between prediction markets and large institutional investors. (Source: Bloomberg)

Why Can't Young People Find Jobs?

admin — Mon, 08 Jun 2026 10:20:04 -0400

For recent college graduates, the unemployment rate is reaching recession levels. But you shouldn’t blame AI, says Bloomberg Opinion columnist and economist Allison Schrager. (Source: Bloomberg)

Google Orders More Than 3 Million Chips From Intel: Information

admin — Mon, 08 Jun 2026 09:35:04 -0400

Alphabet's Google placed an order with Intel to manufacture more than 3 million of its specialized AI chips in 2028, the Information reported, citing two unnamed sources. Anurag Rana has more on "Bloomberg Open Interest." (Source: Bloomberg)

Further Market Declines Would Be Healthy to See, Cameron Dawson Says

admin — Mon, 08 Jun 2026 08:15:03 -0400

Cameron Dawson, CIO at NewEdge Wealth, says semiconductor stocks are “nowhere near oversold” after last week’s selloff. (Source: Bloomberg)

Inside a Brain-Chip Startup in China

admin — Mon, 08 Jun 2026 08:05:02 -0400

Brain-computer interfaces could dramatically alter how humans interact with technology. Startups around the world are racing to get their devices approved for commercial use. China may be in the lead. (Source: Bloomberg)

Nvidia CEO Says Tech Stock Selloff Is a Buying Opportunity | The Pulse 6/8/2026

admin — Mon, 08 Jun 2026 07:55:04 -0400

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Lindsay Rosner, Goldman Sachs Asset Management Head of Multi-Sector Investing; Euan Blair, Multiverse CEO & Founder; Kanishka Narayan, UK AI & Online Safety Minister (Source: Bloomberg)

Vimeo Parent Bending Spoons Files for US IPO Showing Sales Jump

admin — Mon, 08 Jun 2026 07:45:03 -0400

Bending Spoons, which owns digital applications like Vimeo, Evernote and AOL, filed for an initial public offering, joining a string of European tech companies seeking US listings.

Apple Investors Look for AI Overhaul to Power Next Leg of Gains

admin — Mon, 08 Jun 2026 07:20:04 -0400

Apple Inc. investors have spent nearly two years clamoring for the iPhone maker to make a big splash with artificial intelligence. Their wait may finally be coming to an end next week at the company’s annual Worldwide Developers Conference.

Apple’s Revamped AI Is a Long-Term Play in a Down PC, Mobile Phone Market

admin — Mon, 08 Jun 2026 07:05:03 -0400

A revived Siri unlikely to spur iPhone, Mac sales in the near future

Jensen Huang Mania Sweeps Through Seoul

admin — Mon, 08 Jun 2026 07:00:05 -0400

Jensen Huang's South Korea visit wasn't all business. The Nvidia CEO met esports legend Faker, dined with tech titans, drew crowds like a rockstar, and even threw out the ceremonial first pitch at a baseball game. (Source: Bloomberg)

US Tech Workers Are Paying the Price of the AI Boom

admin — Mon, 08 Jun 2026 06:35:03 -0400

The information sector is dominant in profit expansion — and one of the worst places to find work.

Nvidia, Hyundai Deepen Joint Push Into AI-Powered Robotics

admin — Mon, 08 Jun 2026 06:25:04 -0400

Nvidia Corp. and Hyundai Motor Group agreed to deepen their alliance to turn so-called physical AI and robotics into real industrial products.

Brookfield Head of AI Infrastructure on Bloomberg TV

admin — Mon, 08 Jun 2026 06:15:03 -0400

Brookfield Head of AI Infrastructure and Head of Europe Sikander Rashid joins Bloomberg's Tom Mackenzie to kick off London Tech Week as part of Bloomberg Brief. (Source: Bloomberg)

UK AI Minister Narayan on Bloomberg TV

admin — Mon, 08 Jun 2026 05:20:04 -0400

UK AI & Online Safety Minister Kanishka Narayan joins Bloomberg's Tom Mackenzie to kick off London Tech Week as part of Bloomberg's The Pulse. (Source: Bloomberg)

Too Early for Rotation Into Europe Stocks: State Street

admin — Mon, 08 Jun 2026 05:15:05 -0400

Marija Veitmane, equity research head at State Street Global Markets, discusses the artificial intelligence trade and how Middle East peace prospects impact European stocks. While an end to war and lower energy costs would benefit Europe, "it needs to come with a cyclical earnings recovery and we're just not there yet," Veitmane says on Bloomberg Television. (Source: Bloomberg)

Multiverse's Euan Blair on Bloomberg TV

admin — Mon, 08 Jun 2026 04:55:03 -0400

Multiverse CEO & Founder Euan Blair joins Bloomberg's Tom Mackenzie to kick off London Tech Week as part of Bloomberg's The Pulse. (Source: Bloomberg)

Visionaries General Partner Dada on Bloomberg TV

admin — Mon, 08 Jun 2026 04:20:04 -0400

Visionaries General Partner Judith Dada joins Bloomberg's Tom Mackenzie to kick off London Tech Week as part of Bloomberg's The Opening Trade. (Source: Bloomberg)

<strong>How CoreWeave Sees the Market for Compute Right Now </strong>

admin — Mon, 08 Jun 2026 04:05:05 -0400

What's driving and limiting growth.

HSBC CEO Says Bank Still Needs Human Judgment in AI Era

admin — Mon, 08 Jun 2026 03:45:04 -0400

HSBC Chief Executive Officer Georges Elhedery says that while certain roles will be displaced by artificial intelligence, the productivity gains can be reinvested. "I would like to be able to accelerate and bring forward a lot of the ambitious deliverables we have for the future," Elhedery tells Bloomberg's Francine Lacqua. "That requires investment, and that is job creation." (Source: Bloomberg)

Goldman-Backed Go Prices Japan’s Biggest 2026 IPO at Upper End

admin — Mon, 08 Jun 2026 03:15:03 -0400

Japan’s most popular taxi-hailing app provider Go Inc. priced its initial public offering at the upper end of the marketed range, showing investor appetite for Japan’s biggest listing so far this year.

AXA Global Private CEO on Wealth Strategy

admin — Mon, 08 Jun 2026 00:10:04 -0400

Sally Wan, CEO of AXA Global Private and AXA Greater China, discusses the outlook for the insurance firm's new platform launched at helping high-net-worth and ultra-high-net-worth clients manage their wealth, and look for investment opportunities. She speaks exclusively with Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Korean Stocks Under Pressure, Jensen Huang in Seoul

admin — Sun, 07 Jun 2026 23:25:03 -0400

South Korean stocks plunged as investors pulled back from artificial intelligence bets. Meanwhile, a tech-centered camaraderie was on display last week with Nvidia CEO Jensen Huang's night out in Seoul with South Korea's tech corporate royalty, including leaders from SK Group, LG Group and Naver Corp. (Source: Bloomberg)