Intel Weighing Down the Market | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Emily Graffeo, Carol Massar and Tim Stenovec.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Emily Graffeo, Carol Massar and Tim Stenovec.
The Trump administration is exploring the potential for nuclear power projects in the 3.2 billion acres of federal waters managed by the US government. An agreement announced Wednesday between the Interior Department's Marine Minerals Administration and the US Nuclear Regulatory Commission is intended to strengthen cooperation between the agencies as they evaluate the possibility of deploying undersea nuclear power plants. For more, we spoke with Dr. Noel Hacegaba, CEO of the Port of Long Beach. He spoke with Bloomberg's Joe Mathieu on Balance of Power.
Geraldine Byrne Nason, Ambassador of Ireland to the United States, says it's in Ireland's interest to "stabilize" trade relations with the US and EU. President Donald Trump threatened new tariffs on goods from the European Union in retaliation for a $1 billion ( 890 million) fine placed on Alphabet's Google. Ambassador Nason calls this "disappointing." She speaks on "Balance of Power."
With AI stocks soaring this year, Viking Global Investors told clients that its conservative position on the sector was a "missed opportunity." The firm's flagship hedge fund gained just 2.6% in the first half of the year, trailing peers with greater AI exposure. And yet, the firm doesn't plan to change course. Bloomberg's Hema Parmar joins Ed Ludlow on "Bloomberg Tech."
President Donald Trump has increasingly flashed frustration with the war in Iran, as the conflict that his team once predicted would end in a matter of weeks stretches into its fifth month and fighting intensifies. Tom Karako, director of the missile defense project at the Center for Strategic and International Studies, joined Balance of Power saying Iran's ability to continue firing missiles shows the limits of the US fighting by air and not on land.
AMD is teaming up with Cerebras on a new server designed to slash response times, taking direct aim at Nvidia and promising some of the fastest AI systems on the market. Cerebras CEO Andrew Feldman explains how the partnership works, why speed is becoming the next battleground in AI infrastructure, and what it means for the rapidly evolving AI chip market. He joins Ed Ludlow on "Bloomberg Tech."
As SpaceX prepares for another Starship test flight, Bloomberg has learned the company is already turning away some Falcon 9 launch customers beyond 2028 as it shifts resources to its next-generation rocket. Bloomberg's Sana Pashankar explains why Starship is central to SpaceX's ambitions. She joins Ed Ludlow on "Bloomberg Tech."
Major tech leaders took to social media to tout the benefits of open-weight AI models in a letter signed by Nvidia, Meta, Microsoft, Andreessen Horowitz and others. This comes as Moonshot's Kimi K3 has been shaking the AI industry, with the debate intensifying over China's latest AI breakthroughs and the rise of open-weight models. Michelle Giuda, CEO of the Krach Institute for Tech Diplomacy at Purdue, joins Ed Ludlow on "Bloomberg Tech" to discuss why the US needs to accelerate its own open-weight AI ecosystem.
Dr. Jennifer Doudna won the Nobel Prize for pioneering gene-editing technology CRISPR. Today, Scribe Therapeutics, the company she co-founded, just raised $128.7 million in its IPO for a much bigger ambition: using CRISPR to prevent heart disease. Scribe Therapeutics co-founder and Scientific Advisor Jennifer Doudna joins Ed Ludlow on "Bloomberg Tech" from the Nasdaq.
Singapore Exchange CEO Boon Chye Loh says the exchange plans to launch new MSCI-linked derivatives by year-end. He tells Dani Burger and Isabelle Lee on Bloomberg Open Interest that about 50 companies are in SGX's IPO pipeline. Bloomberg has collaborations with SGX.
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