Bloomberg News and Videos — Page 323

GSK agreed to buy Nuvalent in a deal valued at $10.6 billion, adding a biotech firm that's developing treatments for lung cancer as the British pharmaceutical company seeks to rebuild its oncology franchise. Sam Fazeli of Bloomberg Intelligence has more.

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.

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.

Australia's populist One Nation party has surged past Labor in a nationwide opinion poll for the first time, as Prime Minister Anthony Albanese's popularity hits fresh lows. Redbridge Director of Strategy and Analytics Kos Samaras discusses Australia's political landscape and voter dissatisfaction on "Bloomberg: The Asia Trade."

Paul Sislian, Executive Vice President, Aircraft Sales and Bombardier Aftermarket Services, says it will nearly double the company's Singapore service footprint. The Canadian business jet manufacturer says this expansion represents a significant bet on Asia-Pacific, creating hundreds of highly skilled aerospace jobs. Paul speaks with Haslinda Amin on "Insight with Haslinda Amin."

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.

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.

IDC Senior Research Director Nabila Popal says Apple's Siri AI holds two key advantages over other AI models: its access to personal contacts and strong focus on privacy and security. She also says Apple has caught up on AI strategy this year and its new features will enhance user experience.

Democratic Rep. Raja Krishnamoorthi of Illinois says President Trump should pull Bill Pulte as acting director of national intelligence to save FISA, warning he does not see Democrats backing reauthorization if Pulte remains in the position. The House Intelligence Committee member also discusses OpenAI, AI regulation, US-China tech competition and the Iran conflict with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."

Mitchell Modell, former CEO of Modell's Sporting Goods and partner at Versa NYC, discussed the significant economic impact the New York Knicks have on the city, especially during the NBA Finals. Modell described the intense excitement and high demand for bar space surrounding the games. He speaks with Romaine Bostick & Katie Greifeld on "The Close."