Bloomberg News and Videos — Page 203

Andrew Cuomo, former New York governor and co-chair of the ICE-OKX Joint Venture, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." Cuomo is starting a second act: helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets.

Amazon is looking to raise at least $25 billion from a US dollar bond sale, marking its latest jumbo debt offering as the tech giant ramps up spending on artificial intelligence infrastructure. Bloomberg Intelligence analyst Robert Schiffman joins Ed Ludlow on "Bloomberg Tech."

SpaceX is benefiting from a shift towards AI, with broker calls coming out as the company gets included to the Nasdaq 100. This is setting a price floor for a stock that could be headed for the stars, says Joel Shulman, Founder & CIO of ERShares, whose ETF XOVR holds approximately $246 million in SpaceX exposure. He sits down with Ed Ludlow on "Bloomberg Tech."

For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over: Bloomberg's Ryan Vlastelica joins Ed Ludlow on "Bloomberg Tech" to explain why.

President Donald Trump said he may lift sanctions on Turkey and consider selling F-35 fighter jets to the country. He spoke to Turkish President Recep Tayyip Erdogan before a meeting on the sidelines of the NATO summit in Ankara. Bloomberg's Annmarie Hordern is travelling with the president and has more.

A Midtown Manhattan building under construction is unstable and a collapse warning has been issued. City officials say two columns on the 21st floor buckled and bricks were reported falling to the streets below. No one has been hurt. The building is at 235 East 42nd Street. New York City Mayor Zohran Mamdani said at a news conference that other buildings and a school have been evacuated while the site is secured.

Ryan Vlastelica, Bloomberg Equities Reporter, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk about his story on how the Mag 7 seems to be loosing their grasp on the top of the market. For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. The artificial intelligence trade that made a market force out of those tech behemoths  Nvidia Corp., Alphabet Inc., Apple Inc., Microsoft Corp., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc.  is still on.

Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk the uncertain oil market during the ongoing conflict in Iran.  Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, highlighting continued risks to vessels in the critical waterway. Brent traded near $73 a barrel. A laden liquefied natural gas carrier, Al Rekayyat, was hit by a projectile near the Omani coast as it exited the waterway. Axios reported that two vessels were hit and suffered damage.  The world's biggest shipping trade group said transits through Hormuz may dip after the latest incidents, though there will still be shipowners willing to take the risk of crossing. A convoy of vessels, including oil tankers, appeared to be making its way along the Oman route on Tuesday.

For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. Ed Ludlow, BTech Anchor, addresses the top tech stories, including the Mag 7 struggling to keep a hold on the markets and Samsung's profit failing to impress.

Martha Gimbel, Executive Director at Yale Budget Lab, discusses immigration, debt, AI and the labor market.