Bloomberg News and Videos — Page 136

Nobuo Tanaka, Former Director at the International Energy Agency, discusses his views on mass adoption for nuclear energy, as countries look for alternative sources to fuel surging demand from economies, and technology like AI. He speaks with Shery Ahn on "Bloomberg Tech Asia".

Ratu Mataira, Founder and CEO of New Zealand government backed startup, OpenStar Technologies, discusses the company's business outlook and growth strategy, as he aims to scale up the technology to commercialisation by the 2030s. He speaks with Shery Ahn on "Bloomberg Tech Asia".

Intel delivered a blockbuster quarter and strong forecast fueled by soaring CPU and data center growth. The record demand is driving the company to raise its CapEx past $20 billion, with CEO Lip-Bu Tan telling Bloomberg Tech's Ed Ludlow that current supply still can't keep up.

The US will collect duties of between 10% and 12.5% on imports from most major trading partners after President Donald Trump's tariff wall was struck down by the Supreme Court. Bloomberg's Jon Herskovitz and Chris Kennedy discuss.

Shares of Huntington Bancshares were under pressure after the regional bank's second quarter earnings, specifically net interest margin, failed to meet expectations. CFO Zach Wasserman says that despite this, the bank's consumer base is still operating normally, with mass affluent customers maintaining spending and demand. Wasserman also weighs in on the current interest rate environment and Federal Reserve rate path, expecting a higher-for-longer regime. He speaks with Carol Massar, Tim Stenovec, and Bloomberg News CFO Briefing Editor Nina Trentmann on Bloomberg Businessweek Daily.

Mickey Drexler, Chairman of Alex Mill and former CEO and Chairman of J. Crew Group, joined the discussion to provide insight into the current retail landscape. Drexler emphasized the mistake of treating the consumer as a monolithic group, noting the complexity and varied behaviors among shoppers today. He speaks with Katie Greifeld & Bailey Lipschultz on "The Close."

Tony Hemmelgard, President & CEO of Siemens Digital Industries Software, and Sek Hwan Hong, President & CEO of HD Hyundai discuss the new nine-figure agreement between their companies to build an AI-powered digital shipyard. The deal will combine HD Hyundai's shipbuilding expertise with Siemens' existing operational software and industrial AI capabilities to "modernize US shipbuilding."

Intel Corp. surged in late trading after the chipmaker's revenue forecast shattered estimates, indicating that booming data center spending is helping fuel a long-awaited turnaround. Bloomberg's Ed Ludlow spoke to CEO Lip-Bu Tan who said CPU demand is outpacing the current supply. Ed recaps his conversation and has more on "Bloomberg The Close."

Lotfi Karoui, multi-asset credit strategist at PIMCO, joins Scarlet Fu on "Bloomberg Real Yield." Measures of perceived US credit risk continued to worsen Thursday, with the investment-grade and high-yield gauges both at levels not seen since early June as oil nears $100 a barrel.

Ten-year Treasury yields have surged to their highest levels since January 2025, driven by escalating tensions in the Middle East and persistent elevated inflation. Dr. Atsi Sheth, Chief Credit Officer at Moody's Ratings, joined the discussion to analyze the broader implications of this trend. She emphasized that the rise in longer-dated yields is structural, reflecting a new macroeconomic regime that began several years ago. She speaks with Katie Greifeld & Bailey Lipschultz on "The Close."