Bloomberg News and Videos — Page 49

Silicon Data has raised $30.5 million to expand its pricing and performance benchmarks for the rapidly growing AI compute market. CEO Carmen Li joins Bloomberg to discuss the company's ambition to become an "independent referee" for compute, CME's planned GPU futures tied to Silicon Data benchmarks, and what its data says about the value and depreciation of older chips. She joins Ed Ludlow on "Bloomberg Tech."

Christopher Smart, managing partner of Arbroath Group and former special assistant to the President at the National Economic Council under Obama, said that it is a 'weird time' for the US Economy as economic data shows solid numbers, but with weakening growth and geopolitical factors creating uncertainty. Smart said while he's sure the US will need data centers and the investment in AI, he is worried about how making profits on those investments have been pushed further and further down the line.

Nigel Dawn, global head of private capital at Evercore, joins Romaine Bostick on "Bloomberg Deals." Secondaries deals for private assets surged to a record $121 billion in the first half of 2026, driven by fund managers seeking to hold onto single "trophy" assets longer, according to Evercore.

Google unveiled a slew of new hardware ahead of its Made by Google event, including its latest generation of Pixel smartphones. The new phones feature innovations such as a "HiLight" feature that transforms the camera flash into a notification indicator, improved scratch resistance, and brighter displays, but with higher starting prices due to a memory supply crunch. Bloomberg Senior Tech Editor Dana Wollman joins Ed Ludlow on "Bloomberg Tech."

AI demand continues to outstrip available computing capacity, and Morgan Stanley sees little risk of oversupply anytime soon. US thematic research strategist Michelle Weaver joins Bloomberg to discuss growing evidence of returns from corporate AI adoption, why labor and power remain critical constraints on the data center buildout, and why she expects companies to ultimately use a mix of open and closed AI models. She joins Ed Ludlow on "Bloomberg Tech."

Wisconsin Representative Bryan Steil said that moderate David Crowley and democratic socialist Francesca Hong are 'two sides of the same coin' after Crowley pulled off an upset in the Democratic primary to face Republican Tom Tiffany in the fall. Steil said that he expects the race to be close and that he thinks that voters care more about 'kitchen table issues' than 'looking back' at Tiffany's stance on the 2020 election results.

Goldman Sachs Group will pay as much as $2.25 billion to buy Neos Investments,  expanding its asset manager's reach in the actively managed exchange-traded fund market. Bloomberg's Neil Sipes joins to discuss.

An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve interest-rate increases despite elevated oil prices. Ed Yardeni, Founder at Yardeni Research, talks about raising his S&P target and the market melt up.

Cava is hot, kind of bucking a trend when it comes to eating out with prices generally rising. The fast-casual restaurant chain known for its Mediterranean-inspired dishes says sales rose faster than expected due to increased demand for its salmon and pita chips. Sales did slow down due the cyclospora outbreak. Michael Halen, Bloomberg Intelligence senior restaurant analyst, has more.

Moderate Democrat David Crowley defeated Democratic Socialist Francesca Hong in Wisconsin's primary for governor, an upset in a race that had become a test of the party's ideological direction. Terry Haines, Founder of Pangea Policy, discusses the Wisconsin Governor Primary results as well as the outlook for government across the US as primaries continue in various states.