Bloomberg News and Videos — Page 714

Federal Reserve Governor Michael Barr says shrinking the central bank's balance sheet is the "wrong objective." He spoke May 14 at a Money Marketeers of New York University event.

On this episode of Stock Movers with Alexis Christoforous: - Gemini Space Station (GEMI) is rising after Tyler and Cameron Winklevoss made a $100 million "strategic investment" into the company. CEO Tyler Winklevoss said the investment will help fuel the company's ambition to evolve from a crypto company into a markets company. - Magnum Ice Cream (MICC) shares are jumped as much as 22%, the most since the stock's December listing, after Reuters reported that private equity firms including Blackstone and Clayton Dubilier & Rice are exploring potential bids for the company. - Cerebras Systems (CBRS) shares pulled back after a huge IPO day yesterday. The shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO.

Dexcom CEO Jake Leach joined Bloomberg Open Interest to explain why continuous glucose monitors are becoming much bigger than diabetes devices. He says GLP-1 drugs are actually boosting CGM adoption and defends the company's growth outlook. He also lays out Dexcom's push into mainstream metabolic health and wellness.

The Conference Board Senior Economist Erin McLaughlin discusses the latest consumer spending trends amid the recent rise in inflation on "Bloomberg Surveillance."

Bloomberg's Mike McKee discusses the challenges facing incoming Federal Reserve Chair Kevin Warsh on "Bloomberg Open Interest."

Treasury yields are starting to become "unhinged,'' which will be a challenge for incoming Federal Reserve Chair Kevin Warsh, according to Subadra Rajappa, the head of research for Societe Generale Americas. She speaks with Jonathan Ferro and Lisa Abramowicz on Bloomberg Television's "Surveillance.''

After spending time with leaders across Asia and China, Ray Dalio says the perception of American power is shifting fast. Countries that once relied on the US for security are recalibrating toward Beijing, and China sees itself entering a new era of influence rooted in its historical "tribute system." Meanwhile, Dalio says investors tracking the war in Iran are trading on cash flows, not fear, and they need diversification, liquidity, and gold to navigate what comes next.

SambaNova CEO Rodrigo Liang joined Bloomberg  Open Interest to explain why the next AI war won't be about training models, but rather it will be about  inference costs, compute shortages, and who can scale AI infrastructure profitably. In a direct contrast with Cerebras after its blockbuster IPO, Liang breaks down the coming AI supply crunch, exploding enterprise demand, and why inference could become the biggest business in tech.

Dan Ives of Wedbush Securities says the Cerebras Systems IPO is a watershed moment for the tech sector. He sees the Nasdaq hitting 30,000 in the next six to nine months. He has more on "Bloomberg Surveillance."

US President Donald Trump said he made no commitment to Chinese leader Xi Jinping over Taiwan, and said he would make a decision soon over a planned $14 billion arms deal with the island. Trump's remarks aboard Air Force One came after Xi issued an unusually blunt warning that the two nations could descend into conflict if the Taiwan issue is mismanaged. Bloomberg's Annmarie Hordern reports from Beijing.