Bloomberg News and Videos — Page 587

SpaceX will take over Cursor in a deal that values the artificial intelligence coding startup at $60 billion, as Elon Musk aims to catch up with rivals on coding tools. The deal is expected to close in the third quarter. Ed Ludlow reports on Bloomberg Television.

Former Federal Reserve Governor Betsy Duke says Federal Reserve Chair Kevin Warsh remains a hawk and believes his first meeting will be "all about communications."

Torsten Slok, chief economist at Apollo, looks at potential changes to Federal Reserve communication under Chair Kevin Warsh.

Dan Ives, global senior equity analyst at Wedbush Securities, discusses what he calls the "tug of war" between Anthropic and the Trump administration, why he expects accelerated M&A on artificial intelligence, and reported losses at OpenAI ahead of the company's IPO later this year.

"What the market wants to see is evidence that the Bank of Japan is not behind the curve on inflation," says Jane Foley, head of FX strategy at Rabobank, as the BOJ raised its benchmark interest rate by a quarter percentage point to 1%.

Jeff Currie, executive co-chairman at Abaxx Markets, says "the uncertainty remains quite high" around the Strait of Hormuz as maintaining the US-Iran ceasefire will be challenging. Currie looks at what the interim agreement means for the global oil market, what's behind the oil price drop, and how quickly Gulf nations can restore production.

London Mayor Sadiq Khan declined to back Keir Starmer to stay as UK prime minister until the next general election.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

While the anti-immigration One Nation party is gaining traction in opinion polls, Australian Prime Minister Anthony Albanese has resisted calls for deeper cuts to migrant intake. That's as Australia faces its own demographic pressures with the fertility rate at a record low. Roger Wilkins of the Melbourne Institute discusses the broader challenges and implications for Australia's future on 'Bloomberg: The Asia Trade.'

Lincoln Pan, CEO at Jardine Matheson Holdings, discusses the group's strategic blueprint that includes a share buyback, boosting returns and adding exposure to developed markets. He speaks exclusively on "Bloomberg: The China Show."