Bloomberg

Revenue from AI has reached a tipping point, showing that the hundreds of billions of dollars tech companies are spending on it may be economically sustainable, according to a report from research firm Exponential View. Azeem Azhar, founder of Exponential View, joins Ed Ludlow on "Bloomberg Tech" to discuss the findings of this report.

Collaborative design firm Figma unveiled a platform overhaul for the AI era at its annual Config conference in San Francisco, transforming its workspace into what it calls an "intelligent canvas" for full-stack digital creation. Figma co-founder and CEO Dylan Field joins Ed Ludlow on "Bloomberg Tech."

Apple raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. Bloomberg's consumer tech lead Mark Gurman joins Ed Ludlow on "Bloomberg Tech." Correction: This video has been edited with an updated graphic which reflects the new price of the iPad Pro is $1,199.

Darden Restaurants Inc. posted a cautious overall profit outlook as same-store sales at Olive Garden trailed expectations, raising questions about demand that overshadowed better-than-expected earnings. Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, breaks down the earnings and gives his outlook for the broader food service industry.

UNC-Chapel Hill Chancellor Lee Roberts discusses student growth, funding, college sports and a potential new stadium. He speaks with Romaine Bostick on "The Close."

Markets may be near record highs, but Bob Sloan, S3 Partners Founder & Managing Partner says the real story is happening beneath the surface. He joins Bloomberg Open Interest to explain why passive investors are fueling AI stocks higher while hedge funds quietly sell into the rally and why tracking investor positioning may be just as important as earnings or valuations.

Micron's pricing power may have permanently changed the semiconductor industry. D.A. Davidson analyst Gil Luria joined Bloomberg Open Interest to explain why AI has turned memory into a strategic asset and how Apple could actually emerge stronger despite rising chip costs.

AI stocks may be stealing the spotlight, but Janus Henderson's Adam Hetts says investors are missing the bigger story. He joined Bloomberg Open Interest to explain why earnings, and not valuations, are driving markets, why sticky inflation isn't a dealbreaker, and why the rally is expanding well beyond Big Tech.

Gold steadied after the release of US economic data, as traders slightly pulled back on expectations for interest rate hikes. Suki Cooper, Global Head: Commodities Research at Standard Chartered Bank, discusses her outlook on the precious metals space and why central banks are buying gold amid the pullback.

US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war. Rob Sockin, Chief US Economist at PGIM Credit, reacts to the PCE data and explains how the Fed might react to the numbers.