Bloomberg News and Videos — Page 246

Aumovio's negotiations to secure memory chips for next year are proving difficult as artificial intelligence companies consume supplies of the key components. That's according to Jutta Doenges, chief financial officer of the German auto supplier, who spoke with Bloomberg Television anchor Anna Edwards at the Bloomberg New Voices event in Frankfurt on June 24.

Micron Technology Inc. surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong. The largest US maker of computer memory chips, said revenue will be approximately $50 billion in the fiscal fourth quarter, which runs through August. Bloomberg's Ruhell Amin breaks down the numbers.

Goldman economist Farouk Soussa talks about why the Strait of Hormuz doesn't need to come back to 100% for the full amount of oil from the Gulf to come back into the market, and the longer-term outlook for crude amid the US-Iran negotiations.

Dhruv Arora, Founder & CEO at Syfe, discusses the investment platform's expansion plans and retail investor sentiment. He speaks on "Bloomberg: The China Show."

Becky Liu, Head of Greater China Strategy and Asia Rates at Standard Chartered Bank, discusses China's central bank policy shift. She speaks on "Bloomberg: The China Show."

Stocks in Asia climbed alongside US equity futures after Micron Technology Inc.'s blowout sales outlook reignited confidence in the artificial-intelligence trade. Bloomberg's Anthony Stephens has the context on how the AI sector is trending.

JPMorgan Asset Management Global Market Strategist Kerry Craig speaks to Bloomberg TV about the ongoing concerns over AI valuations after an AI-fueled forecast from Micron shattered estimates.

David McGuinty, Canadian Defence Minister, discusses his trip to Tokyo, where he met with his counterpart, Japanese Defence Minister Shinjirō Koizumi, to discuss cooperation and investment into the defense industry. He says the nation is planning to send more warships to the region, to increase presence in Japan, Korea and the Philippines. He speaks exclusively with Shery Ahn on "Bloomberg: The Asia Trade"

Anthropic PBC accused Alibaba Group Holding Ltd. of waging a large-scale effort to "illicitly" access its Claude artificial intelligence model using thousands of fraudulent accounts. Bloomberg's Maggie Eastland has the latest.

Dawn Nordberg, head of integrated client solutions and global family office at Citi Wealth, said projections show that 55% of global wealth will be commanded by women by 2030 as the 'great wealth transfer' continues to trend toward women. Nordberg said that she is seeing a shift from women being the beneficiaries of a family to being the principal in a family office.