Bloomberg News and Videos — Page 692

A judge has dismissed Elon Musk's case against OpenAI, and the company appears intent on moving ahead with its Wall Street debut. Bloomberg's Avril Hong reports on what is at stake.

CEO of JPMorgan Chase Jamie Dimon speaks exclusively with Bloomberg's Haslinda Amin about the rout in bond markets, the risk of heightened inflation, and why corporate earnings remain so high.

South Korean stocks rallied after Samsung Electronics Co. reached a tentative deal with its labor union, defusing the threat of an imminent strike at the world's largest memory chipmaker.

Carlyle Global Research and Investment Strategy Head Jason Thomas expects the Bank of Japan to hike interest rates in June this year. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg: The Asia Trade."

Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market.

SpaceX filed publicly for its initial public offering, moving Elon Musk's rocket, satellite and artificial intelligence company a step closer to delivering the world's biggest-ever debut. Anthony Hughes, Bloomberg News Equity Capital Markets Reporter joins to discuss.

Elon Musk's SpaceX has filed papers to go public on the Nasdaq under the symbol SPCX. SpaceX is targeting as much as $75 billion in its listing at a valuation of more than $2 trillion, people familiar with the matter have said. Ed Ludlow reports on "Bloomberg The Close."

Nvidia reports earnings of $1.87 per share for the fiscal 1Q topping estimates of $1.77. Revenue for the quarter ending in July is projected to be $91 billion, compared with Wall Street estimates of about $87.4 billion. Bloomberg's Romaine Bostick and Matt Bryson of Wedbush Securities discuss.

Nvidia, the world's most valuable company, disappointed investors with its latest sales forecast, adding to concerns about growing competition in the AI chip industry. Bloomberg's Ed Ludlow joins to discuss.

Erica Brescia, Redpoint Ventures managing director, reacts to Nvidia's first-quarter earnings report and explains why she is still bullish on the stock. She speaks on "Bloomberg The Close."